If your child decides to start their own company, what 3 pieces of advice would you give them?

What a great topic you have just started, Siddhesh! 1) Do smth u really enjoy 2) think if u want to work in a team or as an indi maker 3) talking is nothing, execution is everything

1.Start something ur passionate about. 2.Know the legal requirements 3.Start making money from the venture right away

I would just emphasize one. You can give up on everything but not on people you are working with, especially your co-founder.