Interestingly, Molakal conjoined Shakespearian literature with leadership skills while mentoring young minds about the traits of a true leader.

He talked about Shakespeare's Henry V, a character who was an indulgent adolescent prince, never bothered about governance. He spent most of his time in drinking with his friends. As a result of his callousness, French raiders started raiding the villages in England. However, after his father Henry IV died, he matured into an able leader overnight.

Henry V assembled an army of 10,000 soldiers to raid France. He embarked upon invading northern France with the army, out of which 3,000 soldiers of his lost their lives in a swamp. But that did not deter him from continuing with his crusade. Henry V changed his course to Paris and ended up defeating a formidable army of Swiss mercenaries with sheer grit and determination. He later married the French king's daughter to make peace.

Molakal gave the example of Henry V as a true leader. A person who is (a) a warrior; (b) a peace maker; (c) an administrator; (d) a creator.

However, Molakal warned that exceeding in any of the traits could be detrimental for a leader, as being too much of an administrator would make the leader a tyrant while being too much of a peace maker would make him or her docile.  

Molakal said that there are two aspects of being an entrepreneur - focus and tenacity.

He further spoke upon the significance of long term and short term investments. He said that while short term investments were necessary, long term investments were even more important.

Bringing up the examples of Nokia and Blackberry, Molakal said that never even in the wildest of imagination does a corporate company contemplate that it would go bankrupt in the next decade. But then, it did happen in both the above cases.

While concluding his speech, Molakal advised young leaders of tomorrow, to go and conquer the world.