It's very important to learn quick lessons from your failures, very important to recognize symptoms of failure pretty early, and it is very, very important to not to be attached too much to the idea - you have to know when to give up an idea.
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About N. R. Narayana Murthy
N. R. Narayana Murthy was a contemporary Indian businessman. Nagavara Ramarao Narayana Murthy is an Indian billionaire businessman. He is the founder of Infosys, and was the chairman, chief executive officer (CEO), president, and chief mentor of the company before retiring and becoming chairman emeritus. Read more on Wikipedia →