Big Bazaar Failure, DMart & Rakesh Jhunjhunwala Success Story - Prashant Desai | FO 206 Raj Shamani
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- เผยแพร่เมื่อ 22 มิ.ย. 2024
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Order His Book - The Biography of a Failed Venture (in English): amzn.in/d/9K6H5Ij
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Order 'Build, Don't Talk' (in English) here: amzn.eu/d/eCfijRu
Order 'Build Don't Talk' (in Hindi) here: amzn.eu/d/4wZISO0
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/ @rajshamaniclips
/ @rajshamani.shorts
🎧 Stream Figuring Out episodes on Spotify:
open.spotify.com/show/736rhmW...
📺 Watch Figuring Out episodes on TH-cam:
• Figuring Out With Raj ...
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Timestamps:
00:00 - Introduction
04:27 - How he worked with Kishore Biyani?
10:07 - How he worked with Rakesh Jhunjhunwala?
12:02 - His story of working with Jignesh Shah
13:01 - How he lost all his wealth?
30:20 - How Kishore Biyani became successful?
36:05 - Big Bazaar's success secrets
38:36 - Learn this from Kishore Biyani
41:01 - Kishore Biyani’s mistake
45:33 - Big Bazaar Vs Dmart
50:55 - Wealth creation tips of Rakesh Jhunjhunwala
53:44 - Fall of Raymond
55:21 - Amazon's way of business
59:44 - How Rakesh Jhunjhunwala's became a brand?
1:09:36 - Is recession coming?
1:13:15 - When a Founder should exit?
1:18:03 - Thank you!
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My gear for shooting this video:
Canon EOS 200D II 24.1MP DSLR Camera: amzn.to/3GuiPFK
Canon EF50MM F/1.8 STM Lens: amzn.to/3WZOSoi
Canon EF-S 18-55mm f/3.5-5.6: amzn.to/3ZpKBMy
Yunteng Aluminium Tripod (Vct-690, Black): amzn.to/3ItEzV0
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Shure SM7B Cardioid Vocal Dynamic Microphone: amzn.to/3GPimiM
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GODOX SL150II 150W LED Video Light: amzn.to/3XeN0aL
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In today’s episode of Figuring Out, we have Prashant Desai in conversation with Raj Shamani. He is a longevity sherpa who has studied at Stanford School of Medicine and Harvard Medicine School. A few weeks back, we did a health-related podcast with him, which got an overwhelming response so this episode covers his journey with top personalities of India like Rakesh Jhunjhunwala and Kishore Biyani.
In this episode, we talked about his journey of growing up in poverty and how he met Kishore Biyani. He shared the mindset of Kishore Biyani which led him to create millions of dollars and how Kishore Biyani grew brands like Big Bazaar and Pantaloons. He also shared the lessons he learned from Kishore Biyani which we can use in our lives to grow a successful business. He then shared how he met Rakesh Jhunjhunwala and what was so unique about him that he is so known in his industry.
Towards the end, he shared the journey of his failed startup and what he learned when that brand didn’t work. He then shared stories of how Kishore Biyani grew the market cap from 52Cr to 2200Cr in just a few years and why Kishore Biyani faced downfall. We ended our conversation with his memories of Jignesh Shah and how Rakesh Jhunjhunwala created his wealth. For more such episodes, don’t forget to subscribe to our channel.
Follow Prashant Desai Here:
Instagram: / itsprashantdesai
TH-cam: / @itsprashantdesai
LinkedI: / itsprashantdesai
Facebook: / itsprashantdesai
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To Know More,
Follow Raj Shamani On ⤵︎
Instagram @RajShamani
/ rajshamani
Twitter @RajShamani
/ rajshamani
Facebook @ShamaniRaj
/ shamaniraj
LinkedIn - Raj Shamani
/ rajshamani
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#Podcast #FiguringOut #RajShamani #prashantdesai #rakeshjhunjhunwala #kishorebiyani
Muscle blaze ki ad ne kis kis ko bohot pareshan kr Diya hai??😅😅
Muscleblaze,cosmix,lenskart,Healthkart capsules..
Block kr diya bhai maine to
Bahiyad Ad..
@@Carsuraksha kaise
Revanced use karo
A true crash course on Business!!!!!! Thank you, Raj. Much appreciated.
This 1 hour was 10 times better than my 2 year MBA. This will become the epic episode❤❤
Hahahahahhaahaha! so glad to see that this episode added some value💯
Amazing podcast episode Raj , loved the real failure inspired conversations- very few people discuss failures so humbly and openly . Would love to hear conversations with people who have survived big failures in life and are open to share the story with authenticity
@@nishitkumarmadia281852:59
Big bazaar ne bahot logo(specially aged who trusted on him) ke payback card scheme me paise duba diye...unhone 10k load karne lagaya , aur monthly 1100 milenge Aisa bola..and within 2 months big bazaar sold to reliance...his mistake costs a lot to other people's.
It's great he shared his losses too, where everyone only talks about success!
Raj shami podcast ❌
Muscle blaze ad show ✅
Side note: Podcast was amazing!
Pl take youtube premium. No free lunches anywhere in life.
Raj it's a request: Please showcase not just the successes, but also the learning experiences gained from failures. This will equip us to build resilience
Sure! We are on it💯
In addition to covering someone's story who's built an immense wealth while working as a professional / key managerial personnel and not an entrepreneur per se.
Dude... aajtk maine apni poori life me jitne bhi inspirations ki growth story suni thhi , usse atleast 10 times bdi or best stories aaj suni h wo bhi sbse simplified manner me . This one gave me goosebumps at every moment
Thank You so much Raj Bhai and Prashant Sir for creating such an increadibly wisdom packed podcast !!
Many more to come bhai!🙌
Ye video skip karne wala tha... Hats off ... Kaya insaan hain...sach mein maza aagaya❤
Ware😢e❤trr
Failure makes one humble....thank you for the amazing learning...
I love everything about your podcast except for one thing, in my opinion you don’t end the podcast very well, you interrupt your speakers while they are speaking because I guess in the back of your mind you might be thinking that the podcast is getting too long but that’s not an issue for someone who is here to seek knowledge. So my suggestion to you would be to let them complete their sentence and have some kind of ending ritual like the Diary of the CEO podcasts . I think that’s the only point you are missing and other than that you are doing a very incredible job love your podcasts and knowledge of the business world.
Agree
I liked this, no one dares to tell failure stories. What we learn is basically from our own mistakes, maturity is when we start learning from others' mistakes. Thanks for this podcast. I have been failing small for the last 30 years. This one hour 18 minutes taught me more than my own failures.
I read his book “biography of a failed venture” 9months back and I literally cried at many instances and as a entrepreneur I would say he is an extremely strong man who stood and accept his defeat after representing various bigger organisation. I really recommend everyone to read it once.
There would be change in the country, for sure....good podcast, education of the best kind. India growth story zindabad. God bless
Bahot badhiya.. Prakash Sir was describing his faults as if he is talking about another person. hats off Sir n full credit to Raj for bringing such honest guest.. keep it up bro 💪✨✨✨
Thankyou! let me know who you want see next on our podcast.
@@rajshamani Would love to see Radhakishan Damani, eagerly waiting..
Hats-off, Fully structured, point to point, so many life lessons, finally - Growth is life
Simplistically marvelous❣
Such a genuine interview. Prashant sir spoke his heart out. So much to be learnt!!!
Wonderful, Glad to learn many things from the falls and failures.
Thanks Again Bro ❤ " The Making of Rakesh Jhunjhunwala " By a Very Very Honest Guy Like Him
I rarely comment on the video but this podcast is such a gem to treasure so I can't resist to comment. Very insightful wealth of wisdom shared by Prashant Sir. Keep maintaining this type of quality content
Hello Raj good to know that you invite him again on your podcast... keep rocking and keep shining 🌟
🙌🙌
Good 😊
This podcast, so much of learning. Prashant Desai. Lots to learn.
Prashant is a great story teller…very inspiring and truthful…👍
Very honest, real, touchy & informative. Thanks
@raj shamani ..this podcast actually took me in .. completely..just bcoz of this wonderful guest..so intriguing.. thanks 🙏🏻👍🏻
It was worth watching ❤ Thankyou for all the work. 🎉 God bless you 😇
Hey what are u doing? Shall we connect and start something new ?
Thankyou bhai🙌🙌
Oh my god! Kya hi episode hai🙏 learnt so many things
Many more to come💯💯
Thanks to you and Mr. Prashant for the incisive podcast, breaking down failed ventures.
By sharing the experience, you both have educated and inspired budding entrepreneurs.
Keep many such episodes going that prevents destruction of time and money illogicaly.
Finally pura video ekk baar dekh dala such a good person "Prashant Desai"
Very nice conversation... Just amazing.. Thank you for inviting such knowledgeable person on your podcast..
Thankyou! let me know who you want see next on our podcast.
@@rajshamani Would love to see Radhakishan Damani, eagerly waiting..
@@rajshamani prashant desai
TH-cam playing a lot of important role in my life.
Never thought the synergies of YT.
As 5G implemented in India, tremendous growth happened in videos space.
Such platform educate us a lot.
Best channels like you are the path finders for us.
More power to you and YT platform.
Thank You.
Very valuable vedio..keep rocking shamani
Thank you Raj bhai i watching your every products
Sooo insightful RAJ BUDDY ❤❤
Thanks bhai🙌🙌
@@rajshamaniSpleen probelm and Skin serosis pe video sir
@@rajshamaniअपने📝📝 Plz Spleen probelm and Skin serosis pe video sir
Thoroughly enjoyed watching this podcast. What a genuine man! Not shy to share his failure stories and success tips. These kind of leaders motivates other people and create more enterprenuers. Thank you!
Gosh. The most value packed podcast!
This is what we expect from you Raj Bhai
One with Kishore sir and now this
I get it you gotta do other podcasts as well. Please never stop doing these business podcasts. Because you understand business and no one else can ask the questions you ask. This is your usp
One Bad Chapter Doesnt Mean Story Is Over🙂
Very Nice podcast ,Big Fan Of you Raj bhai hope will meet you some Day
Thanks bhai🙌 Glad our content is helping you learn💯
Please invite Vivek singhal to your podcast...
The repeating ads of MB is so irritating 😡😡
Excellent Session... great knowledge sharing..!!!
Amazing podcast.. very much to learn from ...I keep seeing your podcast I learn alot..thanks for sharing so much knowledge... 😊
Prashant has crazy knowledge..great podcast
💯🙌
If you get rk damani for the interview. Maan jaaunga raj aapko
Thank you so much Prashant Sir. Love you for sharing all you life's lessons. Will wait for your second podcast.
This is so insightful, even a MBA class lecture wouldn’t give so much knowledge. Great content.
Prashant is an all-rounder for sure ❤
For sure >>>>
Aise hi products like aao Bollywood celebrities ko mat bula oo.
Superb podcast watched today 9th June from 4.30pm.
Great learning experience, especially for those wanting to start their own business. How he expresses his own failures and shares his experience.
Lots to learn from this interview.
Raj Shamani keep up your good work.
👍
Really love your podcast dil se❤
Can't wait to bring more💯
❤❤❤
Gujarati business talks are always out of the box, backed by real market talks ,not influenced by books. Fun listening to him.
The story by Prashant Desai of his shoes venture was really well narrated. He highlighted his mistakes while he was doing his research and development of the shoes.
This is one of best ways of telling a story... really appreciate Raj for inviting him to your podcast.
Full of knowledge. Worth watching!
Congratulations for 3m Subscribe 👏👍👍
Inke papa Itna gareeb the ki un dino share Market main invest karte the. Bhai agar ye log gareeb hai to phir hum to bhikari hsi
I recently graduated from Purdue University with a degree in business analytics, and this one-hour podcast has given me valuable new insights. Thank you, Raj, for this!
Amazing.lot to learn about personality ,work,life from this wonderful podcast
Bhai apki ad too much😢😢😢😢
Yo The Ghee Man
One of the best podcast available on the internet! This is just pure absolute business knowledge. Thanks for this!
Thank u raj for your valuble effort... God bless u
00:01 Big Bazaar's discount mistake led to downfall
02:03 Prashant Desai shares his journey with Rakesh Jhunjhunwala and Kishore Biyani
06:39 Prashant Desai's involvement in preparing transparent annual reports for various companies.
08:42 Kishore ji's shift to focus on capital markets for growth
12:59 Prashant Desai shares his journey to success in the stock market and entrepreneurship
15:41 Prashant shares experiences with Anil Kumble and Rajeev Mehta
19:35 Successful journey of setting up design hub and retail stores
21:34 Puma's incredible credibility and successful deals
26:04 Success comes from starting with zero background
28:00 Facing adversity with a positive attitude
32:06 Transition from small shop to franchise model
33:50 Kishor Ji's success story starting from a small shop to a profitable business.
37:52 Kishore Biyani's vision and risk-taking led to exponential growth in a short period.
40:13 Success comes from thinking big and taking calculated risks
44:15 Kishore Biyani's advice for entrepreneurs to not think too big
46:24 Success of Big Bazaar and DMart
51:01 Businesses are built on cash flow for wealth creation.
53:00 Rakesh Jhunjhunwala and Prashant Desai's successful business model
57:17 Successful investing relies on intuition and opportunity
59:15 Lupine stock is taking risk
1:03:17 Understanding Nifty P/E ratio and market sentiments
1:05:25 Investing in Titan and influencing the direction of the company
1:09:40 Market outlook and cautions on frothiness
1:11:35 Discussion on startup exits and investments
1:15:59 Timing is crucial for exit strategy
1:17:56 Focus on growth over absolute numbers
Thanks
Who wants Aasif Rana on the podcast?
Yea aasif Rana kon hai?
Koi nahi ye bawra hai
Who want Dr vikas Divyakriti on the podcast?
Vo apna gayan pehle hi bahut de chuka
Need new people with less exposure but good experiences
Yes yes
Job ke tyari krane wale nh chahe business wale chahe
Not interested bhai
So much inside knowledge..thank you so so much.
Raj sir my humble request to you please make a video of an salaried person who create wealth in investing various financial assets and phisical assets that should be inspired more rather than an big entrepreneur.Is it possible a salaried person make huge wealth in investing in stock market.
It was a mindbluster podcast thanks for sharing amazing insights and stories ❤❤😊😊
Best conversation I ever heard❤ ❤❤❤
Jabardast bhai. I am definitely sharing it
superb posdcast. Prashant desai sir really spoke with his heart
The best podcast i have seen till date for any business related knowledge. Eye opening and truely inspiring to hear what Mr. Desai said. I am for sure goin to readthe book
Wonderful podcast..lot of things to learn...awesome...
One of the best interview.. Thanx..
Prashant bhai . Thank you for sharing your wealth of knowledge. It is really good. Appreciate it. Ty Raj
This was one of your better videos where it was clear that your grasp over business is also very good. Enjoyed the guest as much as I enjoyed your line of thought n questioning.
Amazed at the humility and candor of Prashant Bhai. Thanks you.
Exciting interview. Always good to learn from mistakes. I loved Damani sir's business model.
This podcast was amazing. No nonsense, only relevant questions and discussions. Very well done Raj!
Amazing podcast . So much to learn. Decadal compounding story was new to me..
So much to learn from this video. My take home is to be humble. Arrogance ruins the individual.
Such a superb podcast …. Inspiring
Its really awesome podcast.. story behind business and how businessman thought.. is really important..
When life humbles you ❣️ such a lovely man ! 💥✨
Superb !! Bring more people like him to the podcast
Hi, Raj, thank you for mind blowing podcast.
Let many more come & will learn lot from them.
In this podcast, there was so much learnings from Prashant Sir. What a personality & is lucky to be with RJ Sir, RKD Sir.
Superb !!!
Thank you. 👍👍
Thankyou🙌 Many many more to come💯💯
From starting till end.. pure knowledge.. ❤
Much appreciated Raj.Siva was absolutely Down to earth and precise and his open thoughts and simple rationales were excellent.
Brilliant. Well spoken Prashant. Words of wisdom.
Worked with him. It was really good to interact with him. Brand could not survive more than an year but learnt alot.
Most Valuable information
Thank
Wow what an episode aise logon ko aur bulao keep up the amazing work....just ordered the book
Many more to come💯💯
Epic. So much of learnings
This is beautiful experience enjoyed a lot thank you so much ❤
Jabarjast insights🎉😮
Prashantji dont say arrogance it is destiny.. best thing is that u are so genuine.
Changed my view. Loved it
Amazing wisdom shared by mr desai , txs a ton for this podcast🎉
Everyone is having guest and telling what to do for success but Raj Shamani interviews ppl who teach what not to do. Thank you for this episode.
Superb conversation 🙌🙌much much informative, failed guy can tought us lot then successful one.
Will share For sure Bro thank u n sir Prashant ji
Have to watch this atleast twice. So much to grasp. ❤
Raj always Happy to watch all your Podcast. You allow your guests to tell their stories. Most your questions are real.
His book is really awesome. He said everything with honesty. I really appreciate his honesty.
Can u please give a short context about his book as i want to buy it
So much to learn…..!!!