The ART Of Making Money, Wealth & Success ft. Rajesh Dembla | Figuring Out 87 - Raj Shamani

Order my first book 'Build, Don't Talk' here: https://amzn.eu/d/eCfijRu--------------In today’s episode of Figuring Out, Raj talks with Rajesh Dembla, an Investor & Entrepreneur having companies like Dunzo, Decentro out of many others in his portfolio. Hailing from Bangalore, Dembla has personified the idiom ‘Rags to riches’ and is a self made man in true sense. Dembla shares his heart out about spending nights sleeping at railway platforms and rising from doing odd jobs to earn bread & butter for himself & his family, and what went behind the journey of becoming a successful investor & an entrepreneur. Having built a successful career at Yellow Pages & Just Dial, Dembla discusses the business models of the two and sheds light on what worked for both of these companies and what did not. How investors in the startup ecosystem are willing to make the companies spend at the cost of a risky burnout of funds.How Indian customers & Indian employees are different from the West, how consumerism is changing in India and breaking down sales step by step is what you’ll get to watch in this podcast!Make sure you watch this video till the end! -------------------------🎧 Stream Figuring Out episodes on Spotify: https://open.spotify.com/show/736rhmW7vilNgkFFo8aDz4📺 Watch Figuring Out episodes on YouTube:https://youtube.com/playlist?list=PLE0Jo6NF_JYO5-phess8GKafKMtPv3tfZ-------------Timestamps:00:00 - Introduction02:01 - Success of DMart03:45 - Reality of VC & startup ecosystem5:01 - Success of Dunzo6:19 - Spending nights at railway station7:54 - Best of humanity at railway platform9:14 - Worst of humanity at railway platform11:27 - First business started at railway station14:04 - First business lesson16:44 - Life lessons learnt from first business 18:05 - Odd jobs for money19:33 - First Job at Yellow Pages22:11 - Breakdown of Sales24:17 - Formula of making Sales - PEU26:13 - Salesman Seduction26:53 - Just Dial journey28:59 - Just Dial - Success or Failure?31:26 - What went wrong at Just Dial?32:49 - Build VS Buy35:03 - Reason for the downfall of companies36:47 - Consumerism in India40:16 - Sanjeev Bikhchandani’s Success decoded43:15 - How to focus & simply as a founder44:46 - No innovation without experiment45:40 - Indian Customers VS Western Customers46:44 - Indian teams VS Western teams47:29 - What is Zoozle.in48:49 - E-commerce industry is not sustainable51:31 - Zoozle’s business model54:43 - Conclusion-------------My gear for shooting this video: Canon EOS 200D II 24.1MP DSLR Camera: https://amzn.to/3GuiPFKCanon EF50MM F/1.8 STM Lens: https://amzn.to/3WZOSoiCanon EF-S 18-55mm f/3.5-5.6: https://amzn.to/3ZpKBMyYunteng Aluminium Tripod (Vct-690, Black): https://amzn.to/3ItEzV0Zoom H6 All Black (2020 Version): https://amzn.to/3irUCIfShure SM7B Cardioid Vocal Dynamic Microphone: https://amzn.to/3GPimiMShure MV7 USB Podcast Microphone: https://amzn.to/3Xjy63dGODOX SL150II 150W LED Video Light: https://amzn.to/3XeN0aL------------------About Raj ShamaniRaj Shamani is an Entrepreneur at heart that explains his expertise in Business Content Creation & Public Speaking. He has delivered 200+ speeches in 26+ countries. Besides that, Raj is also an Angel Investor interested in crazy minds who are creating a sensation in the Fintech, FMCG, & passion economy space.To Know More,Follow Raj Shamani On ⤵︎Instagram @RajShamanihttps://www.instagram.com/rajshamani/Twitter @RajShamanihttps://twitter.com/rajshamaniFacebook @ShamaniRajhttps://www.facebook.com/shamanirajLinkedIn - Raj Shamanihttps://www.linkedin.com/in/raj