Guide to SCALING a BOOTSTRAPPED Startup from 0 to 1000 crores ft. Amit Jain of Car Dekho: IBP Ep 4
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VIDEO INTRODUCTION:
Amit Jain, the CEO and co-founder of CarDekho and the Shark on Shark Tank India Season 2! In this episode, Amit shares his personal journey, revealing how his grandfather and family instilled in him the value of collaboration. He dives into the secrets behind CarDekho's success, including the three pillars of product, technology, and content that drive the company's growth. Amit also shares his data-driven approach to understanding user behavior and building a high-performing website that meets the needs of its users. Additionally, he offers valuable insights on hiring senior leadership and maintaining a strong company culture. Don't miss this insightful conversation with one of India's leading entrepreneurs!
Time stamps
00:00 Trailer
01:13 What is so special about Marwadis that they become great entrepreneurs?
03:32 What is the right age to start a Business? Father began the Business at the age of 44?
05:13 Why I Started My Business?
06:33 What motivated my father to start a Business? What were the family values?
09:25 How did my grandfather deal with the generation gap?
12:06 How did I evolve to fit in with my children?
14:36 What were the failures and lessons learned from your entrepreneurial journey?
16:23 What I learned from the online jewelry business.
19:54 How did I build an online semi-automated astrology business?
20:51 Who were the customers of the astrology consultancy business?
22:19 Started CarDekho with lessons learned from the experiences!
23:34 Closing jewelry and astrology business!
25:32 Started selling phones and burning money?
27:47 Why created and sold priceDekho?
30:37 Why should you raise money?
36:04 Without raising funds how you became the number one site in the auto category?
37:42 Why acquired zigwheels and Gaadi. com?
41:19 How do you crack the code to get USA clients?
43:15 Why did we work for free for our first clients?
45:12 Why effective networking and communication strategies are important?
46:07 What is PTC framework, Product Technology, and Content.
49:11 How are we utilizing big data analytics for lead scoring and predictive analysis?
51:35 How we connect customer insights with dealer behavior for improved sales strategies?
55:49 Why did we apply for licenses to enhance business lending and financial services?
57:35 Challenges faced in evaluating the condition and value of used cars for loans, how we fix them?
59:30: Evaluation of cars and how we made it better?
01:01:17 Challenges in digital documentation processes and how we grabbed opportunity?
01:02:32 You went from frugal entrepreneur to bearing losses in PNL statement, how was this transition?
01:05:11 How to gradually scale investments to ensure profitability and sustainable outcomes?
01:08:50 How to build a strong culture and trust within the organization for long-term success?
01:09:50 What are the actions the founder is never supposed to take?
01:10:35 Be humble, Trustworthy and Reliable
01:11:10 How to align with the company's culture and values?
01:15:57 How to hire leadership that can handle business challenges with empathy and support?
01:23:54 Why communication is crucial in addressing and resolving problems professionally?
01:31:27 How we enhanced productivity through on-call information provision and API integration?
#thinkschool #businesscasestudy #geopolitics #shark #cardekho #buisness
Its quite difficult to judge people's knowledge and expertise from watching shows like shark tank. The show never made me think Amit Jain is so knowledgeable in this field. Totally blown by his knowledge and principles ❤ One of your best video Think School ❤
Same thought here
Over the last few months, it felt this most podcasts are just content. They just created that as content and contains lesser value. After a long time, it felt like a valueable podcast that actually helped in my learning. You asked better questions, keep it up. 🔥
Totally agree with you
Is definitely better than TRS/BeerBiceps 😂😂
@@vijuvlogsTRS has its separate community, it is indulged in almost every sort of topic. Neither this channel nor TRS is the best. Also this channel has become very political for a few months, what do you have to say on this?
@@GoBizBaz this guy is more focussed on business and economics so I would not say political..
@@vijuvlogs but biased to some extent
Mr.Jain is very practical and not even one word that's overstated!!
Thanks for an outstanding podcast. X factor was the Clarity! Two of the Best things I liked: 1. Discuss about the problem vs you are the problem 2. Disagree and yet commit
What a podcast....what a wise personality Amit Sir has.....a person at such level with such humility and data enrinched answers....literally i was in total awe of the person...Great one Think School kudos!!!❤️
We need more bussiness case studies
Yesss agreed 💯
The clarity in both of your words is insane!!🙌
Very good interview! Can't get a better founder than Mr.Jain to explain about the startup journey!!
this is definitely one of the best podcasts from thinkschool to date👏. A seasoned interviewer interviews a guy who made it from nothing. no big egos or complicated english jargon or show off vibes. simple, entertaining, informative and above all inspiring. keep up the good work👍
High density of insights. And huge respect for Amit Jain.
The best episode of think school in my opinion, good questions were asked not casual buttering questions…
Learned a lot from Mr. Amit in this single insightful session. Interviewer asked excellent questions, didn't interrupt the guest, and structured the entire discussion logically. Thanks Think School for hosting this excellent podcast. Want more of these. Love and support from Pakistan.
What a gem of an interview episode! Awesome insights were shared very candidly by Amit Jain....fantastic hosting and interviewing by Ganesh Prasad. Simply brilliant and I loved every bit of it. However, I thought the audio quality of Amit Jain's voice could have been a little better
You really did a great podcast. Its a far ahead of the very first one.
Such a great podcast! In a family owned business having come from an engineering background and took back a lot of good lessons from this!
Itna immense knowledge Mila hai is podcast se, amazing For about finding a co-founder, brand building, funding, creating culture in the company, asset light model, creating entry barrier by excellent lead scoring tool, power of content marketing, Adding top level managers in the company's culture, regular interaction with root level team and customer and taking feedback for innovation in product and service, constructive cash burn, business automation and so many things... Very very informative podcast it is, thanks to the host for putting so insightful questions which makes this podcast very amazing ❤❤❤❤❤❤❤❤❤❤❤❤❤ Love from deep heart.... Thank you so much sir 🙏
now this is called content driven podcast...........the mindset and the personality of a founder also plays a vital role in setting the foundation of a business...thanks ganesh sir......
This was the best on ground podcast ever heard , superb Amit jain sir and think school team
This was so good, i didn't expect to get so much value out of this. Amit Jain is a chad
I have never left a comment in my life. But man this was absolutely amazing !!! Gave so much prespective on what exactly scale means ..
Watched full video 🙌 These are some best advices from an India business man ever 🙌
hr, marketing, finances and data analysis ...all very well executed.
This podcast is awesome. Got to learn various things.
This podcast is worth more than any training I could find on finding a massive company and how to do it, thanks ThinkSchool and hats off to Amit
He explained everything so smoothly and easily. Thanks for it.❤❤❤ Loved it.❤
An example of how the great companies are built!
Awesome video. Practical knowledge.
Notes are taken👍......thank you Think school for this amazing podcast and learnings from Amit Jain sir❤
Great useful Knowledge About the Entrepreneurship ❤
Thanks Think school and Amit for this great podcast, learnet a lot from this.
Loved your questions and always asking for examples and specifics. Those are game changers to get great actionable insights. Keep up the great work 🎉
Hi, very nice podcast..his principles in leadership is great, found it very useful..thank you think school from home school 😊
It's truly intresting and more practical, he spoke from his heart. Young generation to learn from this podcast .
Very well explained by Amit Jain ... Genuine and honest answers ... Good background provided in the answers which helps viewers in better understanding 👍👍
Amazing Podcast. Great value!
This one of the best interview so far!
One of the most impactful and knowledge booster podcast. Keep them coming Ganesh and team . ❤🎉
One of the best knowledgeable video in recent times 👏👏
Thanks for this video! Ayush asked some excellent questions and Mr. Amit provided practical answers. This discussion is incredibly valuable for entrepreneurs, possibly even more so than many full-time entrepreneurship programs at top universities.
Such an insightful conversation 🙌 There goes a lot behind a successful entrepreneur, this conversation depicts the struggles clearly.
Hi Think School! This was very informative podcast, and thank you for coming up with quality content. I see in the comments that a lot of non-Hindi speaking fellows are complaining, and I understand their pain, but I understand that you can't force somebody to speak in your choice of language and they will speak what they are comfortable with. Could you at least provide captions in English, so everybody can get the knowledge. Just an FYI, Hindi is my mother tongue.
Loved every minute and turly felt I got roi for spending my time here. I was wondering how do you go and collect information at ground level. What exactly happens there? Would be grateful to hear!
What a brilliant podcast - excellent work think school!!! I completely agree with Amit Jain at the end where in he says U asked great questions and practical questions and he was required to give on ground answers... I truly loved your line of questioning. Great work think school and team!!! Kudos - keep up the great work and keep on raising the bar!
One of the best Podcast.thanks!
Brother, i would love to get a compiled transcript or article for all podcasts because it will save me time to read instead of watching video. Sort like a book with more details and about topics mentioned.
What an excellent podcast. I have nothing to do with business but what he said about leadership and project development is so relevant for any walk of life. So much value addition in a 1.5 hr video
One of the best podcast I have ever consumed. Thanks Amit for such a deep, insightful and knowledgeable conversation. Great work Ganesh!
A great great business podcast @thinkschool !
The Great Podcast... of All Time 🤝👏which will help an entrepreneur to frame his business model very well......🤝(Most interesting are the questions you asked on behalf of all people like me/us... 💐)
Excellent discussion Ganesh. Wish the best with every such episode.
Wow, What a podcast! Very informative, so much to learn. I hardly comment on anything, but couldn't resist myself after watching this.
Wow, thank you!
It's really long session but precise in every sense, thanks to think school for such a wonderful content ❤
I dont think i have ever heard a more practical podcast before. Be it people skills, managerial skills and what not. Good job think school. 💯💯
A Masterclass in Entrepreneurship and leadership! Thank you for this amazing interview!
One of the best posdcast tbh!!
Again! Amazing podcast made me "Think" on lot of aspect covered through out the video. Kudos to the whole Think School team for putting you efforts and looking forward for the next one.
Very Nice and informative....
Great podcast!Value for time! Finally a podcast with actual content and meaningful questions!! Would love to see you on Spotify as well!!
amit jain ki family mere family jaisi hi hai. love them.
Enjoyed the podcast. It's because of the qualities in such persons which make them great and successful
Marrying buying behaviour with customer journey in a purchase cycle with data/insights and present in a simple selling form through technology... Wow.. excellently presented in an simple language by Amit.. thanks Think School... Loved this and velumani sir podcast
Very good interview. Did not expect Mr Jain would answer do many questions. Wondering if Ganesh can ask similar questions to senior people. Super. First podcast from thinkschool which i watched, other than episodes by Ganesh Prasad.
Currently I am running a online jewelry business and the thing Aman said also stuck to me that it is an capital intensive business.
woww must watch episode
Very inspiring and thoughtful interview. Not only business lessons but life lessons also learned. Thanks for this interview.
Fantastic insights sir salute to u
Thankyou ThinkSchool. Best podcast ever. this will help a lot to scale our startup.
Loved this podcast...keep em coming
Excellent podcast mind blowing
I have heard quite a bit podcast but this one nailed it. Questions were great, Answers resonate 100% with my thoughts! Brilliant! and Thank you so much!
Salute to youtuber and interviewee....
Humble founder, love u amit sir
Fabulous podcast 🤘
Kudos. There should be a part 2 with Amit Jain.
One of the best podcast i have ever watched, can we expect part 2?
I just wanna say this is one theee besttt podcasts i have ever heard Got to learn so so much Mr jain is soo deep with his thoughts about business I am a MBBS student, so not from this background but very keen and fascinated to know about businesses, technologies And this was like a gold mine for me Could listen to him all dayy!!! Thank you so much think school!! You are one of the most value providing channel on youtube I am big fan and a loyal subscriber ❤❤ I watch almost all your videos and none of them feels disappointing❤
What a podcast 😮 Speaking with numbers Humility Value adds Leadership
Great 🎉, very deep podcast with deep and very practical question. Thank you ganesh
Kudos to Ganesh and his team this podcast was very deep and knowledgeable. Got some very important insights like the qualities of a good co-founder. As a Marwadi jain, I was able to relate with Mr Amit jain. Thank you once again and hoping for such an amazing and insightful podcast shortly.
Ganesh sir please make a video on indian reservation system. Please explain if it's actually helping the country or causing real brain drain. Btw i loved your questions to amit sir. Thanks a lot for this shooting this podcast ❤
Yeah we need this
Yeah it's much needed at the time when INDIA Alliance has promised to conduct a caste and economic census. Is there any need to restructure the reservation in proportion to the population and in respect of the socio-economic backwardness? Do the Caste Census is really going the provide Socio-economic justice to the citizens, as it's being time and again claimed by the INDIA Alliance?????
There is no such thing as brain drain..
Yes, please
Being a fellow Modi bhakt he will definitely do the favour bruh! lol
Ganesh, this is a such an enlightening podcast. Kudos to you for asking good questions not just about the business ideas and processes but also on the HR management. The guest, Mr. Jain is so knowledgeable and humble, i cannot be more inspired. Thank you for bringing him on the podcast.
This was eye opening
Loved this, as a data engineer and analyst who works on telemetry domain where we see such data and calculate lifecycle journey of the customers, I could connect on entire connecto product of this company. Thanks Ganesh for this.
Thank you so much for time worthy conversation.
Great to know that amit jain has so much of depth. He is quite articulative and disproves all the bullying of other sharks especially aman and anupam. It was quite insightful and he is looking also great here unlike in shark tank were the make up is overly done and powder is visible and evident. Good interview overall.
This podcast of Amit has given complete insight on how to build a company
Loved this podcast, it's always value for time to listen to Ganesh. Just a small question ,what are those 3 beeps coming in between? Try to stop it as volume goes low during it.
The questions asked were phenomenal... Please do invite Radhika gupta, aman gupta.
brilliant 💯
Your Interview with Thyrocare Velusami was Top Notch… But this Interview very Data Oriented and Less Self Learned Lessons regardless of it being in Life or Business …
Love your videos. Think school is awesome. I have learnt so much from these videos for free. Love you guys
Wow, what a podcast 👏👏👏 Great knowledge for any upcoming founder
Awesome... brilliant execution and knowledge sharing.. thanks
Too good 👍
This is one of the best podcasts I have heard. I listened to the entire 1 hour and 38 minutes twice to fully understand it. I gained a lot of valuable information during this time.I have one question - is it possible to know in advance who the next guest on your podcast will be? That way, I can post the question I want from that person."
Your questions are just too good bro. Loved this podcast. And all his answers are also reslly good. He has s clear view of the big picture 😍
One of the best podcast, I ever watched
Exceptional podcast
This episode was like a spark for my fire. Thank you "think school" for bringing episodes like this.
gr8 conversation