Wednesday, June 8, 2016

Ritesh Agarwal -Born Business Prince - Hotel King - OYO Rooms



Ritesh Agarwal is an Indian entrepreneur and the founder and CEO of OYO Rooms. He started his business career at age 18.

He first started Oravel Stays, and then catapulted it into OYO Rooms which is $25 million (Rupees 150 crore) company till 2015 (stat from here)


Early life


Agarwal was born on November 16, 1993, in Bissam Cuttack and was raised in a middle-class Marwari family. His father works with an infrastructure corporation and his mother is a homemaker. He has three siblings.

He went to Sacred Heart School in Rayagada, Odisha. After finishing class 12th, he enrolled in Indian School of Business & Finance, Delhi.However, he didn't continue with his college education and dropped out to start his own company without his family knowing of this move.







Professional Life :


He started travelling extensively across India at the age of 17. He hogged the limelight for his best-selling book – A Complete Encyclopedia of Top 100 Indian Engineering Colleges  His various stay experiences at budget accommodations inspired him to launch Oravel Stays in 2012. Oravel was modeled after Airbnb By 2013, Agarwal realized that mere aggregation of bed and breakfasts couldn't address the problems of budget travelers in India and hence, he pivoted Oravel Stays into OYO Rooms.

In the same year, Agarwal was selected for the Thiel Fellowship. The fellowship was created by PayPal founder, Peter Thiel, and provides $100,000 to college drop-outs under 22 years of age to pursue their idea
Agarwal is the first resident Indian Thiel fellow.

OYO Rooms


OYO Rooms is India's largest budget hotel chain and is present in over 160 cities across the country with 40,000 rooms under its umbrella. OYO Rooms is not merely an aggregator of budget hotels but instead focuses on the standardization of hotels in the non-branded hospitality sector. OYO Rooms is considered to be one of the very few start-ups which are non-copycat. According to Agarwal, OYO Rooms was founded to solve the problem of the lack of predictability, affordability, accessibility and availability at budget stays. Ritesh Agarwal, recently announced OYO's launch in Malaysia through a post on the company's official blog.


Awards and Recognition

  1. Forbes '30 under 30' in the consumer tech sector.
  2. First resident Asian to win Thiel Fellowship, 2013.
  3. Top 50 Entrepreneurs in 2013 by TATA First Dot powered by NEN Awards.
  4. Named as one of the '8 Hottest Teenage Start Up Founders in the World' in 2013 by Business Insider
  5. TiE-Lumis Entrepreneurial Excellence Award in 2014.
  6. Business World Young Entrepreneur Award in 2015.
Ritesh is  Entrepreneur Inspiration for all of us. hats of to this great young hotel king of the world. :) 

Sunday, March 27, 2016

Dinesh Agarwal's IndiaMart






After acquiring a B.Tech degree in computer science from the Harcourt Butler Technological Institute, Kanpur, Dinesh Agarwal took up a job as systems analyst at HCL Technologies.
                                        
                                          

Finally, he settled on building a platform for businesses to display products via dedicated Web pages. He named the venture, IndiaMart InterMesh. The idea was to help the small and medium enterprises in the country market their products and services. Convincing customers to first buy computers, which, in turn, would help in the promotion of their business was quite a task.

As business started growing, he had to deal with several issues and the most irksome among these was looking for bigger office space. In 2007, he invested Rs 7 crore to purchase a two acre plot in Noida and build a new office. He has around 1 crore products and almost 15 lakh suppliers. In 2013-14, the company generated a turnover of around Rs 200 crore. The seed capital was only of 40,000 INR.


Friday, March 4, 2016

The Druva Funding Story

The Druva Growth Story: 3,000+ customers, $65 million+ in funding and big data pastures ahead



Druva, founded in 2008, has offices in Sunnyvale, Pune, London and Singapore. Being a student president at IIT Guwahati and an intern at Fraunhofer Institute in Germany provided valuable early learnings to founder Jaspreet Singh. He teamed up with two seniors at Veritas to found their startup, now a leader in data governance.
Druva is one of the prime examples of building a global technology company from India. It was back in 2008 that Milind Borate, Jaspreet Singh and Ramani Kothandaraman set out to create a new kind of data protection solution for the enterprise. Prior to co-founding Druva, Milind worked at Veritas Software as Technical Director for SAN-FS and served on the board of the Veritas patent filter committee. Milind was the one who encouraged Jaspreet to join Veritas and he became of the youngest folks to join the company. Ramani was also with Veritas. Soon, they both got the itch to take up something more challenging and start up. The trio had been with corporates and knew the gaps that existed in the corporate data and security area. This is what gave them the push to start up Druva.

The Funding Jouney

Druva raised its latest round of funding this month- a series D round of $25 million from Sequoia Capital, Tenaya Capital and Nexus Venture Partners. This brings the total funding to $67 million.

Druva had raised its angel round from the Indian Angel Network back in 2008 and then a round of $5 million from Sequoia and IAN in 2010 when it shifted its base to the US. The team at Druva had realized that their major market was in the US and a presence over there would make a lot of sense. Druva then raised a Series B round of funding for $12M in the later half of 2011 led by Nexus Venture Partners with participation from Sequoia Capital. At that time, Jaspreet wrote on their blog:
I can still remember working from a “shared” garage office when Druva was a bootstrapped company with just 7 people. After wasting about 6 months, the “eureka” moment came in July 2008 with the launch of inSync (n integrated suite of endpoint data protection and governance solutions), and since then we haven’t had the time to look back.


Druva is also the latest of the lot to join the INR 1000 crore valuation in India and the road ahead is going to be very exciting.

Website: Druva

Monday, February 8, 2016

Sara Blakely - Lose yourself and win the game

How Sara Blakely lost her way to a billion dollars: 8 years ago Sara lost in the finale of Richard Branson’s reality TV show “Rebel Billionaire”. The loss was one of many that turned Sara into the world’s youngest self-made female billionaire...



Sara’s entire life has been about failure. She says “My dad encouraged us to fail. Growing up, he would ask us what we failed at that week. If we didn't have something, he would be disappointed. It changed my mindset at an early age that failure is not the outcome, failure is not trying. Don't be afraid to fail.”

In the 1990s Sara became an expert in failure by selling fax machines (remember those?) and was often so terrified of meeting prospects she would burst into tears and drive around the block to calm down before her sales calls.

Overheating from the stress of it, she decided to cut the feet off her pantyhose to cool down. That was her ‘aha’ moment. As she says “When I cut the feet out of my pantyhose that one time, I saw it as my sign.” She decided to start a business to sell the footless pantyhose in 1998 with just $5,000 - all of her savings - and called the company “Spanx”.

Did the failure stop then? No - “When I invented Spanx I heard 'no' for two years. It didn't faze me. I didn't have a special ability, it was sheer drive and telling myself to keep going.”

FAILING BIG

Working from her kitchen, she made a push for publicity, which simply means your failure becomes more public. For example, her experience with the English: “On the BBC, I was asked what Spanx could do for women in the U.K. I said, 'It smoothes and separates your fanny.' The interviewer looked mortified. I had no idea what was going on, so I kept rambling on about fannies until he stopped me and said, 'I think you mean bum.' The word fanny means vagina in England.”

Her publicity led her to Oprah and Richard Branson’s “Rebel Billionaire” in 2005. She ended up losing that too, but the show gave her a chance to realise what she really wanted to do with her future success - Start a charity for women. Branson gave her $750,000 to start her charity, the Sarah Blakely Foundation, to support women leaders.

What happens when your failure rate goes up? Your luck rate goes up too.

To face her failures, Sara had luck on her back - literally!

“I found my lucky red backpack from college in my mom's attic and became determined that it was going to change my path for Spanx because I kept hearing no, no, no. It went with me every step of the way, to the point of being made fun of because I went to Neiman Marcus headquarters with this old backpack as my presentation bag. Now, with the Sarah Blakely Foundation, every woman we send to college or help start a business receives a lucky red backpack. They're usually more excited about that than the money, which I totally get. The backpack is a symbol of their potential.”

THE BIGGEST RISK

This year Sara Blakely became the youngest female Billionaire in the world, with Spanx generating over $250 million in annual revenue. Sara puts this down to her sheer determination:

"The biggest risk in life is not risking. Every risk you take in life is in direct proportion to the reward. If I'm afraid of something, it's the next thing I have to go do. That's just the way I've been."

What are your big dreams? Where are your greatest risks?

Get your own lucky charm on your back, cut off the feet of whatever is holding you back, turn on the music and take the path that Sara took.

Today, 41 year-old Sara makes many speeches to inspire other entrepreneurs, and even the song she uses to get in her zone is the anthem to failure. As she says - “Eminem's 'Lose Yourself' is my go-to song to pump myself up if I'm having a tough time or if I get really nervous right before a speech.”

Now that she’s a billionare, her mission is “World Butt Domination” through Spanx and supporting women through her foundation, which has donated $17.5 million to charities supporting girls and women in South Africa.

Her failure has meant her wealth has come with humility, which is a different kind of wealth: “I feel like money makes you more of who you already are. If you’re an a**hole, you become a bigger a**hole. If you’re nice, you become nicer. Money is fun to make, fun to spend and fun to give away.”

Use Sara's story to inspire your day: Lose yourself and win the game

Sunday, February 7, 2016

Winners never quit and quitters never win.




I ask mentors what they thought the most important key to success was. They all had different opinions. Then one gave me the very best answer. He said "All the most successful people have many differences, but they only have one thing in common. They never gave up. The ones who gave up you don't see. You only see the ones who never gave up. So as long as you never give up, no matter what, you'll be fine."


"Winners never quit and quitters never win." - Vince Lombardi

Saturday, February 6, 2016

Carlo Feliciano (freelancer)

 " how-i-started-my-freelance-career-with-zero-experience-in-my-field " - Carlo.


Advice by Carlo : "I decided to start my freelance copywriting career months ago, one of the biggest obstacles I had to overcome was my lack of experience in the field I wanted to get into.

I decided to explore the idea of freelancing when several people from the office complimented my writing one after the other. My problem was that I had no idea what I wanted to do exactly. Yes, it was going to involve writing of some sorts. I discovered I had a knack for words (my boss even trusted me to write a press release about a new product we were launching — not bad for someone 6 months out of university!) but I had never been specifically hired and paid by others just to “write stuff.”

The biggest question running in my head was: who the hell was I to be charging people for a bunch of words I put together?

Luckily, I managed to push through that hump. Within a month or so, I went from being clueless about freelance copywriting to consulting with my first client over Skype."

If I were to summarize what I learned during that period, I would narrow everything down to these 5 steps:



1. Learn


Let’s face it — no matter what field you’re in, you won’t be able to get anywhere with your career if you don’t actually have any idea what you’re doing.

Although I never thought I’d do this again after college, I got my hands on books about copywriting and studied. I pumped as much material as I could into my brain about the topic. I trolled Amazon and hunted down the respected and credible books about the field. I bought them and read them during my free time. I subscribed to blogs, and most importantly, I practiced my craft.

Not enough free time, you say? I didn’t have much either (I work a full-time job, and maintain a long-distance relationship). I can’t read while I’m on the bus without getting dizzy, so I got my hands on a seminar conducted by a well-known copywriter. I took the audio and put it on my MP3 player. I listened during my commute and took my Zune to lunch. Voila; I just had 2-3 hours of study time everyday.

You might think you’re pretty good at what you do, and you know what? I believe you. But you’re not perfect. Every one of us can use more knowledge and improvement with our skills. Don’t sell yourself short by choosing not to learn.

2. Research


We all know the importance of differentiation, and I’m a huge advocate of marketing something unique about your business. Copywriters are a dime a dozen — it wouldn’t be good business sense to call myself a freelance copywriter and hope that clients came in droves.

How did I find my way around this? As I mentioned in the previous point, I studied. In addition to buying books and actually reading them, I went to tons of copywriter’s websites and took detailed notes. I noted what services they were offering and how they were selling it. I paid attention to their website style and how they presented themselves online. I wanted to know their strengths, and more importantly their weaknesses, so I could make an educated decision on how to position myself against them.

At the end of it all, I decided to focus my services on website copywriting. My goal is to be the guy you run to when you need your website to sell your products and services. Instead of generalizing my services to include everybody, I decided to narrow down the field and focus on what my competitors weren’t offering. Being someone who doesn’t have a lot of experience, not having a lot of people to be compared with works to my advantage.

You can always add more services as you become more established. Don’t worry about offering everything plus the kitchen sink right now. Besides, expanding your business is always a lot better than “downsizing” it.

3. Build


Some might say that building a website isn’t necessary. I’m sure there’s a success story or two out there by freelancers who until this day don’t have a website. And they may be right; if you have a large enough network offline, then you probably don’t need a website to start your freelancing career.

But I didn’t have a business network to leverage. I was completely green (and still am in some ways) and NEEDED a website to advertise my services; otherwise nobody would know I existed. I registered my domain name, signed up for a year’s worth of hosting, and slapped a customized WordPress template on it. I managed to find one that suited my needs (I didn’t want it to look like a blog, but I wanted an easy content management system). Plus, with all the research I did on my competition, I knew exactly what to write on my website so I could stand out.

Although I am up for bootstrapping when starting out, one thing I would recommend is to outsource as much of your website as you can. I’m not a web designer by any means, so I probably spent 3 to 4 times longer than I would have if I simply left the coding to a professional.

4. Spread


While most freelancers hate marketing, this is the part I enjoyed the most. I love coming up with a marketing plan and executing it. It is critical that you spread the word about your new business. You never know who you will run into, so don’t be shy about talking up your business.

You don’t have to market your services to businesses alone. One alternative that not a lot of freelancers think of is partnering up with other freelancers. Programmers need designers, designers need copywriters, copywriters need illustrators, etc.

Talk to the people you know and tell them about your new venture (one of my clients is actually a good friend starting his new business). Participate and forums and put your URL in your signature. If you’re comfortable, write an ebook and distribute it through social media. My first client was actually a referral from Shockboogiedesign who found me from the Freelance Switch forums. She contacted me, and we set up a partnership that works exceptionally well for both of us.

Ask yourself one thing: who would benefit from your services? Then figure out how you can use that to your advantage.

5. Act


Your ducks will never be all in a row, so you might as well get to it now. You will make mistakes along the way, and that’s fine. A Kennedy once said, “Only those who dare to fail can ever achieve greatly.” Airplanes don’t travel in one constant direction — the pilots have to adjust and correct their paths every now and then. Your freelancing career should act in the same way. Ready, fire, then aim.

Avoid the curse of daydreaming. I can’t count how much time I’ve wasted reading about freelancing as opposed to taking action and just doing it. Don’t get me wrong; knowing how to do it right is great. But many people should concern themselves more with actually just doing it, period. Blogs and ebooks are a fantastic learning resource, but be sure you dedicate enough time to taking action, as opposed to learning how to take action.

Conclusion


If you’re delaying starting a freelance career due to lack of experience, hopefully these tips helped you get your mind straight. Starting a freelance career is probably one of the most time-consuming activities I’ve ever done, but it’s also been one of the more rewarding ones too.

Friday, February 5, 2016

Facebook Story & About Mark


Facebook Story - very nicely illustrated 

CEO :

NAME : Mark Zuckerberg

OCCUPATION : Computer Programmer, Philanthropist

BIRTH DATE : May 14, 1984 (age 31)

EDUCATION : Harvard University, Phillips Exeter Academy

PLACE OF BIRTH : White Plains, New York

AKA : Mark Zuckerberg

FULL NAME : Mark Elliot Zuckerberg


Synopsis


Born on May 14, 1984, in White Plains, New York, Mark Zuckerberg co-founded the social-networking website Facebook out of his college dorm room. He left Harvard after his sophomore year to concentrate on the site, the user base of which has grown to more than 250 million people, making Zuckerberg a billionaire. The birth of Facebook was recently portrayed in the film The Social Network.
                                                                                    


Early Life

Mark Elliot Zuckerberg was born on May 14, 1984, in White Plains, New York, into a comfortable, well-educated family, and raised in the nearby village of Dobbs Ferry. His father, Edward Zuckerberg, ran a dental practice attached to the family's home. His mother, Karen, worked as a psychiatrist before the birth of the couple's four children—Mark, Randi, Donna and Arielle.

Zuckerberg developed an interest in computers at an early age; when he was about 12, he used Atari BASIC to create a messaging program he named "Zucknet." His father used the program in his dental office, so that the receptionist could inform him of a new patient without yelling across the room. The family also used Zucknet to communicate within the house. Together with his friends, he also created computer games just for fun. "I had a bunch of friends who were artists," he said. "They'd come over, draw stuff, and I'd build a game out of it."

To keep up with Mark's burgeoning interest in computers, his parents hired private computer tutor David Newman to come to the house once a week and work with Mark. Newman later told reporters that it was hard to stay ahead of the prodigy, who began taking graduate courses at nearby Mercy College around this same time.

Zuckerberg later studied at Phillips Exeter Academy, an exclusive preparatory school in New Hampshire. There he showed talent in fencing, becoming the captain of the school's team. He also excelled in literature, earning a diploma in classics. Yet Zuckerberg remained fascinated by computers, and continued to work on developing new programs. While still in high school, he created an early version of the music software Pandora, which he called Synapse. Several companies—including AOL and Microsoft—expressed an interest in buying the software, and hiring the teenager before graduation. He declined the offers.