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Dr. Velumani On Building ₹5000 Crore Business, Poverty, Risk & Success | FO174 | Raj Shamani

Dr Velumani's Email Id: [email protected] --------- Order 'Build, Don't Talk' (in English) here: https://amzn.eu/d/eCfijRu Order 'Build Don't Talk' (in Hindi) here: https://amzn.eu/d/4wZISO0 -------------- Subscribe To Our Other YouTube Channels:- https://www.youtube.com/@rajshamanicl... https://www.youtube.com/@RajShamani.S... 🎧 Stream Figuring Out episodes on Spotify: https://open.spotify.com/show/736rhmW... 📺 Watch Figuring Out episodes on YouTube:    • Figuring Out With Raj Shamani   --------------- Timestamps: 0:00 - Intro 04:00 - Birth, education and first job 04:56 - How thyrocare started? 06:23 - Fortunately born poor 08:48 - At age 10, became head of family 11:10 - 7AM to 11PM is heaven 13:05 - Challenges in education and job 15:19 - Why hire freshers? 17:28 - Coimbatore to Mumbai 18:20 - Started working at BARC 19:39 - Dr. Velumani’s marriage story 25:55 - How he did Msc. and PhD.? 28:07 - Intelligence makes the most powerful 29:48 - The journey of thyrocare 31:20 - Resigned from Govt. job 34:45 - Decided to start thyrocare 36:03 - Idea generation-Thyrocare 38:07 - Things every entrepreneur should know 39:28 - Strategies that made thyrocare grow 44:32 - Ran thyrocare with zero investors 46:39 - Cost control works in Indian Markets 47:34 - Marketing strategy of Thyrocare 49:10 - Top 3 business ideas 53:02 - Freshers are better than experienced 54:49 - Employee life cycle 57:02 - Evolution of entrepreneurs 57:58 - Pampered V/S Parented 58:52 - Why and how thyrocare was sold? 01:02:44 - Became a motivator 01:03:54- Conclusion -------------- My gear for shooting this video: Canon EOS 200D II 24.1MP DSLR Camera: https://amzn.to/3GuiPFK Canon EF50MM F/1.8 STM Lens: https://amzn.to/3WZOSoi Canon EF-S 18-55mm f/3.5-5.6: https://amzn.to/3ZpKBMy Yunteng Aluminium Tripod (Vct-690, Black): https://amzn.to/3ItEzV0 Zoom H6 All Black (2020 Version): https://amzn.to/3irUCIf Shure SM7B Cardioid Vocal Dynamic Microphone: https://amzn.to/3GPimiM Shure MV7 USB Podcast Microphone: https://amzn.to/3Xjy63d GODOX SL150II 150W LED Video Light: https://amzn.to/3XeN0aL ------------------ In today’s episode of Figuring Out, we have Dr. Velumani Arokiaswamy in Conversation with Raj Shamani. He is the founder of Thyrocare, India’s leading clinical laboratory. It has 7000+ centers all over India. But this conversation is not just about Thyrocare but about a person who was born poor but ended up building a billion-dollar company and exited it with a 5000 crore cheque. In this episode, we talked about how he became the leader of his family at the age of 10. How he started earning at the age of 11 to how he went to a college and chose Bcom over BSc to save money, how his teacher funded his BSc, how he got rejected from 50 companies after his graduation and how he came to Mumbai with 500 rupees, slept on the railway station for 3 days until he got selected in BARC. His journey and stories between these struggles and wins will motivate you to the core. We talked about how his father-in-law persuaded him to marry his daughter and how his wife became his first employee at Thyrocare. He shared the story of building thyrocare. Towards the end, we talked about business and entrepreneurship and he gave tons of advice and tips for entrepreneurs. He also shared why he exited his company and his life post the exit. We ended our conversation by talking about industries that have a huge scope in the coming days. This conversation was one of a kind with constant punchlines and learnings shared by Dr. Velumani. For more such conversations, subscribe to our channel. Follow Dr Velumani On: Instagram:   / drvelumani   Twitter:   / velumania   -------------- About Raj Shamani Raj 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 @RajShamani   / rajshamani   Twitter @RajShamani   / rajshamani   Facebook @ShamaniRaj   / shamaniraj   LinkedIn - Raj Shamani   / rajshamani   • • • #Podcast #FiguringOut #RajShamani