The virtue of frugality stayed with us most Indians since the early days. As the country progressed and we prospered. With prosperity came a splurge, and we ended up living in debt. What used to be luxury ended up becoming needs. Our desire and need started increasing.
The same applies to entrepreneurship. The luxury of the past is now part of our needs. We have become big risk taker. In the course, we have forgotten frugality.
Our short-term milestone is making us go mad. We are spending for growth like no tomorrow.