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Chanakya Niti Principles in business & life – Advice for entrepreneurs

Chanakya is known as a great politician, strategist, and economist in India. Born in Takshashila (Pakistan) in 375 BC, he was also known by the name ‘Kautilya’ meaning the Master of astuteness.

Chanakya was blessed with extreme intelligence and great intellect. Chanakya was responsible for creating India’s first & biggest empire with the help of Chandragupta Maurya, who became the emperor when he was just 19 years old.

He is considered the pioneer of political science and economics in India.

He had great command in the fields of economics, ethics, philosophy, and Politics. Chanakya even acquired knowledge of medicine and astronomy. He had a mastery of “Samudra Shastra” by which he could judge and analyze what a person is thinking by only looking at the facial expressions.

He is known for his two books, Arthashastra and Chanakya Niti. Chanakya Niti is a collection of principles of life and work, man must follow to lead a good and purposeful life.

Chanakya was a great thinker and his thoughts are relevant even in today’s world. His thoughts on economics, politics, and administration are still studied by scholars. His thoughts can be useful for businesses and life in different ways.

Some of the important life and business lessons from Chanakya are:

1. Convert your enemies into friends: Chanakya believed that it is important to develop friendly relationships with other businesses and states. You can do this by finding common interests, offering mutually beneficial deals, etc.

2. Build a strong network: It is important to build good relationships with people who can be useful for your business in the future. This includes suppliers, customers, employees, etc.

3. Be prepared for adversities: Chanakya believed that a business should always be prepared for adversities. This includes having enough resources to tide over difficult times, making contingency plans, etc.

4. Focus on long-term goals: Chanakya believed that businesses should focus on long-term goals rather than short-term gains. This helps in planning for the future and making sustainable decisions.

5. Be efficient in your operations: Chanakya believed that businesses should be efficient in their operations. This includes using resources wisely, reducing wastage, etc.

6. Be honest and ethical in your dealings: Chanakya believed that businesses should be honest and ethical in their dealings. This includes being transparent with customers, treating employees fairly, etc.

While these are just a few of the many business lessons that we can learn from Chanakya, they are valuable insights that every entrepreneur can use to succeed in life and business.​

Don’t forget to take some of our interesting free business quizzes that will help you make great decisions:

What is Chanakya Niti (Chanakya Neeti)?

Chanakya Niti is a set of rules or guidelines that help people in all walks of life, including business.

It contains principles and strategies that can help you succeed in the world of business.

These include things like knowing your competitors, making the right decisions at the right time, and so on.

The principles may seem simple to understand, but they are actually very effective in helping people achieve success in business.

One of the most important aspects of Chanakya Niti is that it teaches you how to be a good leader.

A good leader is someone who can take charge and make things happen. He or she is also someone who knows how to motivate and inspire people to do their best.

If you want to be a successful leader in business, then you need to learn the principles of Chanakya Niti.

Another important aspect of Chanakya Niti is that it helps you build strong relationships with other people.

This is very important in business because if you don’t have good relations with others, then they won’t want to do business with you.

Therefore, it is important to learn how to build strong relationships with others.

In conclusion, Chanakya Niti is a very useful set of guidelines that can help you succeed in business. If you want to be successful in business, then you need to learn the principles of Chanakya Niti.

25 Principles from the Chanakya Niti book that can be applied to business & entrepreneurship

In this post, we have compiled important principles of Chanakya Niti for business in English. The principles of Chanakya Niti can be applied in both life and business.

Here are some of the principles from the book in English that serves as advice to help entrepreneurs and business owners.

  1. People who divert from their planned and achievable tasks and jump to unplanned and unfeasible tasks, rarely succeed. They should attempt only tasks that they are confident of achieving.
  2. While planning out or trying to get the desired outcome, if you disclose it, its success will become doubtful. So don’t disclose it to anyone till you reach a successful conclusion.
  3. No work is impossible for people who are decisive, capable, and courageous. They complete whatever they set out to do. For businessmen, no place is distant.
  4. Education is like a secret treasure, which no one can steal. On the contrary, the more you make use of it, the more it develops.
  5. Different tasks involve a different number of people to do it. Tasks that involve meditation and learning should be done alone. Studying is better when done by two people together. For farming, five persons and for war, the largest number of people are required.
  6. According to Chanakya, people must be cautious in certain important matters. How we are doing, who are our friends and enemies, what are our strengths, and how much is our income and expenditure, they must focus on all these matters to be successful.
  7. It is the king’s duty to know their people’s difficulties. How do his officers behave with the people and what actions they are taking for their welfare? So, to get first-hand information, he should travel incognito.
  8. How to influence different kinds of people? Chanakya says that people who are greedy by nature can be controlled by allurement only. Arrogant people can be controlled by politeness. If a brainless person’s wishes are fulfilled, they can be controlled. To mold an intelligent person, they must be made aware of the facts.
  9. If a person takes responsibility for any work, then they should fulfill it with sincerity and courage. However, before taking that responsibility, they should introspect on their strengths and weaknesses.
  10. Chanakya states that people who hesitate and are involved in the activities of buying-selling, teaching, eateries, and money lending, will face a lot of problems and difficulties. So, people involved in mentored trades should never hesitate.
  11. A person should not be so simple that people can easily exploit them.
  12. The test of your education is through your ability to create wealth and the value of money rises by using it. Any learning through which you cannot earn money is useless.
  13. A person’s influence in society is very important. Because without influence, people will doubt you even if you are smart. Whereas, if you are an influential person, even an improper act will seem proper to people.
  14. People must create influence in society through showmanship. The showmanship of strength and influence is like a non-poisonous hissing snake. People are not aware that the snake is not poisonous; similarly, people believe in showmanship.
  15. Chanakya has compared the superiority of wisdom, cleverness, radiance, and strength over size. He says that a huge elephant is controlled by a small iron hook; a lamp’s small flame dispels darkness; a hammer can break mountains. In other words, a man who is wise, clever, radiant, and strong can overcome even the most difficult problems. The superiority is not in size but inherent in these four qualities.
  16. Just like drops can fill a river, adding pennies can make a man wealthy. Similarly, if you study regularly, there is no knowledge that is unattainable.
  17. Don’t think about the past and the future. You should only focus on the present. If you improve on your present, your future will also be bright.
  18. Chanakya highlighted the importance of good behavior. Only through good behavior, you can impress a scholar, a gentleman, and a father. Similarly, using sweet talk, you can please friends, relations, and gurus. A person with good behavior and sweet talk can go a long way.
  19. If the king in a kingdom is talented and religious, then people in that kingdom will also be talented and religious. If the king is corrupt, his people will also behave accordingly. It is said, “As the king, so are his subjects”.
  20. Criticizing others is the most dreadful sin. If a man can give it up, then he can control the entire world.
  21. People should refrain from earning wealth illegally. Wealth earned through unfair means lasts for a maximum of ten years. Wealth earned through honesty and hard work keeps growing and lasts forever.
  22. Anything is achievable through hard work and devotion.
  23. Wealth is both important and useful if it benefits the whole society and not just one person.
  24. In adverse times even the most intelligent people lose their wisdom and sense. In the midst of a crisis, they lose their ability to think and understand. So, during these times you must slow down and think more carefully before making the next move.
  25. A person should be aware of timing. An intelligent person speaks at the right time, shows heroism according to their strength, and, displays anger as per their capacity.
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Examples of Chanakya Niti Principles in business

1. One must be willing to go the extra mile and work hard even when no one is watching. This is a crucial aspect of Chanakya Niti in business, as it requires an individual to remain motivated and dedicated at all times.

2. A good leader needs to be able to take calculated risks and make difficult decisions even when the odds are stacked against them. This is another example of Chanakya Niti in business, as it requires an individual to be decisive and confident in their abilities.

3. A successful leader must always be willing to learn from others, both their successes and failures. This is an important part of Chanakya Niti in business, as it allows a leader to continuously grow and improve over time.

4. Finally, one must never lose sight of their long-term goals when making decisions about the day-to-day operations of their business. This is essential for ensuring that a company remains focused on its overall mission and objectives.

Chanakya Neeti in business is a set of guidelines that can help individuals to be successful in any type of business venture. By following these principles, an individual can put themselves in a position to achieve great things.

Top 25 business quotes from Chanakya Niti

Here are the top 25 quotes by Chanakya to help you in life & business. These quotes will help you in changing your way of thinking and will surely inspire you.

  1. “Before you start any important work, ask yourself three questions: why am I doing it? What the results might be, and will I be successful? Only when you think deeply and find satisfactory answers to these questions, go ahead.”
  2. “Time perfects men as well as destroys them.”
  3. “One whose knowledge is confined to books and whose wealth is in the possession of others can use neither knowledge nor wealth when the need arises.”
  4. “Once you start working on something, don’t be afraid of failure and don’t abandon it. People who work sincerely are the happiest.”
  5. “Education is the best friend. An educated person is respected everywhere. Education beats beauty and youth.”
  6. “A person who cannot decide on his goal, simply cannot win.”
  7. “Meditation is best performed when alone, education by two, singing by three, traveling with four persons, farming with five, and battle with as many as possible.”
  8. “The test for purity of gold is performed by rubbing, heating, pounding, and cutting. Similarly, the true character of a person is revealed at the time of intense trouble. His manners, voice, and actions will reveal a lot about him.”
  9. “He who is overly attached to his family members experiences fear and sorrow, for the root of all grief is attachment. Thus one should discard attachment to be happy.”
  10. “Money earned must be circulated and put to good use similar to the water of a clean pond with inflow and outflow system. Whereas the water, logged in a pond is always dirty.”
  11. “Even if a snake is not poisonous, it should pretend to be.”
  12. “If a person does good to you, you should also do the same. Similarly, those who are wicked to you should also be treated in the same way. There is no harm in doing so.”
  13. “It is the mind of man alone that is the cause of his bondage or freedom.”
  14. “God is not present in idols. Your feelings are your god. The soul is your temple.”
  15. “All the creatures are pleased by loving words, and therefore we should address words that are pleasing to all.”
  16. “One should fear only till he doesn’t know the reason for the fear. Once you find the reason for fear, then you should fight against it with courage.”
  17. “A person who tries to get temporary things leaving aside the permanent things will lose both the temporary and permanent things.”
  18. “A person who is aware of future troubles and fights against them with intelligence will always be happy. And a person who remains inactive and waits for good times will destroy his own life. “
  19. “Nothing comes without a price, not even friendship.”
  20. “Do not reveal what you have thought upon doing, but by wise counsel keep it secret being determined to carry it into execution.”
  21. “We should not fret for the past, nor should we be anxious about the future. Men of discernment deal only with the present moment.”
  22. “If a king is energetic, his subjects will be equally energetic. If he is reckless, they not only be reckless but also eat into his works.”
  23. “There is some self-interest behind every friendship. There is no friendship without self-interest. This is a bitter truth.”
  24. “We should always speak what would please the person from whom we expect a favor, like a hunter who sings sweetly when he desires to shoot the deer.”
  25. “He who gives up shyness in monetary dealings, in acquiring knowledge, in eating and in business, becomes happy.”

Chanakya’s three ways to become successful

  1. Success by counsel – Listen and learn from the right experts. Why try and learn from your own mistakes when you can learn from other people’s mistakes and move faster? Taking advice from the wrong person on the other hand, can push you in the wrong direction.
  2. Success by might – Success lies in the power of association. When we fight our battles alone, the chances of winning are less. If you look at the Avengers, they are successful as a team.
  3. Success by energy – Success is an attitude a person develops. So never give up till you achieve your goal. Chanakya had said, “Even after a hundred trials, an enthusiastic man will surely succeed. You can succeed if you are driven by energy and enthusiasm.
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