Harsh Mariwala on Risk-Taking, Dealing with Failures, and Building a Sound Corporate Culture
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- Опубликовано: 25 июн 2024
- In this episode, I talk to Harsh Mariwala, founder and Chairman of Marico, the iconic Indian home-grown MNC. Mr. Mariwala talks about building the right corporate culture, business opportunities in India, and developing ability to take risks and deal with failures.
To know more about this initiative, check out www.vishalkhandelwal.com/
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0:00 Introduction
3:00 Role of entrepreneurs in creating a new India
4:11 Lessons from his grandchildren
5:58 Key pillars for Marico’s success
9:12 Building a sound corporate culture
11:24 Harsh realities experienced along the journey
13:18 Developing ability to fail and risk-taking appetite in India
15:00 Key lessons learned over the past five decades (coughing)
16:38 What’s Indian businesses must focus on
19:39 Mindset for running decadal businesses
21:21 Advice to become a lifelong self-learner
22:48 Meaning of spirituality
23:58 Guiding values in life
26:40 Dealing with rejections
29:44 Starting a business in India today
31:48 True meaning of success
33:28 Morning routine
34:45 Best and worst pieces of advice
35:55 Wants to have dinner with…
Vishal, try keep your questions short and crisp. Overall great session. Thanks a lot!
Thank you
Another masterpiece!
My takeaway: Sometimes timelines should take priority over perfection.
Always run for the opportunities for Achieving wonders in your life
Such an insightful interview.
Keep up the great work, Vishal.
Thank you so much Vishal and Shriman Harsh ji for bring this profound and deeply insightful wisdom of a revered personality of Indian Industry.
So blessed to listen to this. 💐🙏 More power to both of you.
Traveling from Mumbai to Ahmadabad on all weekends on those days... True legend 🙏🏻
Looking forward to interview with Ashwath Damodaran and to a lesser extent, Sarthak
Hi Vishal, thank you.
Eagerly waiting for your videos. It gives indepth knowledge and learning.
Thanks Vishalji for your efforts.
Keep going 🤗
Vishal sir plzz call Shankar Sharma Sir on your show. It would be great to hear both of you
Great Great Steve Jobs... Take a bow... Well finish
Wonderful 🙏
Awesome 👍
doing great job sir.
29:42
Question to Mariwala sir -
What would you do if you where 25yrs today with just 1cr and no business connection or education?
Summary of his answer -
Identify a subject you are passionate about...which is your strength
Develop a proposition based on consumer insight
Prototype it, experiment it...If it doesn't do well then try some other approach
Then do it in small scale...
And then if the traction is good...build it up, then rather going straight away in a big manner.
NIce video t.I started out my investment journey investing in statistically cheap, decent quality companies the results were mixed bag. I gradually moved towards quality business with stable but a lower return.
One of the biggest challenge I faced was guaging the promoter quality. My failures were due to promoter frauds. How do you address this problem?
I could make out - operational issues , setback in product, slowdown in end consumer industry , rising .RM prices etc. Promoter integrity issues led to the losses. How do you mitigate those?
Vishal Sir... Plzzz invite Jay Toshniwal to the podcast!
Shoutout to the guy who makes thumbnails!
Mariwala is not an engaging conversationist/ story teller ..He's a great business leader, no doubt
Hi Vishal,
can you add in coming list to Nilesh shah, I am eagerly waiting for next episodes
+1
👍
Maybe you should talk about no sulfates fast hair growth shampoo.
Why Mr Khandelwal speaks so much when someone is (well deserved) invited as a guest especially while asking the long long questions ? Tharoor effect I believe 😂😂