In this episode of the Dr. Subhash Chandra Show held in Ahmedabad, Dr. Subhash Chandra discusses the ways in which one can build a successful business in today’s time. He begins the discussion by quoting a statistic which says that fifty percent of the businesses after 2003 that have a turnover of 1 billion USD in India have been started by college students, mostly with like minded and equally motivated friends. Throwing the discussion open to the audience, he asks them to think about what this means.
Drawing from his own experiences, Subhashji talks about how to find the right business for you. How do you know what is the right opportunity and the right time? How do you find the right fit for you? Several students also chip in explain their ideas about why and how one should build a new business. Subhashji points out that when you recognize your talent and according to that you select and grow your competency in a business or a profession, you will be successful.
Taking cue from the definitions given by the students, Subhashji talks about opportunity, creating needs and thinking beyond today. “You have to think about how you can fulfil a need in a much better way, how I can find a solution to someone else’s troubles or give them a better experience.”
Answering a question about how to not get affected by negativity while starting a business, Subhashji says, “Look at any big success story. 9 out of 10 businessmen faced discouragement in the beginning. But they did not care about. They had faith in themselves, their ability and they did not accept failure.” He also spoke about giving back to the society, change in attitudes and how it is affecting present day businesses. Speaking about regulations Subhashji says, “These societal or governmental constraints may delay or disprove your ideas, but if it is a good and well-intentioned idea they cannot ignore it and it will bear fruit if you pursue it.” He also shares the story of how he had to fight many uphill battles to begin Zee TV.
The first special guest is Shri Hasit Ganatra, founder of Rematerials that has an innovative product called ‘ModRof’ that is revolutionizing the way affordable housing is being looked at. Talking about his journey Hasitji says, “I travelled across rural India to do groundwork for his idea of providing affordable housing which is a basic need. I realized that the roof was the bottleneck and often the source of several issues related to housing in rural areas.” Using completely recycled and reused materials he has come up with a new material that can offer a roof at 10% of the cost of conventional roofs. Answering a question about risks he said, “Ask questions. Keep the childish curiosity alive.” Subhashji adds, “Manager will do things right, and an Entrepreneur will do the right things.” Hasitji urges students to be convinced about their ideas and give it their 100%. “Your intention matters, the product may fail,” he says.
Subhashji introduces change-maker Shri Uday Jadhav Gandhi, who is a taxi driver with a difference. He doesn’t ask people for money to ride in his cab but gives the passengers a bag and allows them pay whatever they wish to. He tells them to pay for the next customer from their heart. A follower of Mahatma Gandhi he believes, “Money is not asked, but given.” He also carries food, water, medicines and toys in his cab for his passengers. Talking about his mission he says, “When I began people assumed this autowala will charge more or doubt me, but I stuck to my convictions and continued with my mission.”
Subhashji says, “This man has not earned money in his business but has earned happiness. And happiness has no price.”