The ART Of Making Money, Wealth & Success ft. Rajesh Dembla | Figuring Out 87 - Raj Shamani
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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!
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Timestamps:
00:00 - Introduction
02:01 - Success of DMart
03:45 - Reality of VC & startup ecosystem
5:01 - Success of Dunzo
6:19 - Spending nights at railway station
7:54 - Best of humanity at railway platform
9:14 - Worst of humanity at railway platform
11:27 - First business started at railway station
14:04 - First business lesson
16:44 - Life lessons learnt from first business
18:05 - Odd jobs for money
19:33 - First Job at Yellow Pages
22:11 - Breakdown of Sales
24:17 - Formula of making Sales
26:13 - Salesman Seduction
26:53 - Just Dial journey
28:59 - Just Dial, Success or Failure?
31:26 - What went wrong at Just Dial?
32:49 - Build VS Buy
35:03 - Reason for the downfall of companies
36:47 - Consumerism in India
40:16 - Sanjeev Bikchandani’s Success decoded
43:15 - How to focus & simply as a founder
44:46 - No innovation without experiment
45:40 - Indian Customers VS Western Customers
46:44 - Indian teams VS Western teams
47:29 - What is Zoozle
48:49 - E-commerce industry is not sustainable
51:31 - Zoozle’s business model
54:43 - Conclusion
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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,
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• • •
#Podcast #FiguringOut #RajShamani
About Figuring Out
Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.
Hi Guys! Due to some glitch this episode got down, so reuploaded it. New podcast will be live on wednesday. Stay tuned!
I watch your videos and i really love them. I just want you to suggest to create more videos on successful women because there are very few quality videos on them.
Wish this video had time stamps like your video usually do!
hey there is some glitch, timestamps are mentioned in the description🙌
@@rajshamani Thank you so much for the videos. I always learn something from your videos. I really appreciate you for taking effort in making the videos.
@@mdumar9105😅
Raj - Sometimes your guest takes a pause ; let them take it. They are not taking the pause because you have asked a difficult question that needs simplification. They are pausing because they have to say so much on that topic that they are organizing their ideas. Let them. When your guests pause, you OUTpause them. By doing so, they will share such rare insights that you never imagined they would. Give it a shot.
Definitely
And unnecessarily he is asking for the quotation even before the guest has not expressed the full thoughts.
True... Give some space for the guest for god's sake
ÀAÀzÀaàààaàŹàssaàAqq??@@AshutoshKumar-vm7eq
True
Dear Raj,
I am 68 and I am a regular watcher of your Podcasts. I want you to stop giving Equal Analogy to your Guest and ask only Question based on what the Guest is telling. If you do not have a question, allow the Guest to Speak Continuously. You will definitely get a chance to ask a question. In this programme, it looked like you were trying to match Rajesh. Perhaps, we have missed an opportunity to hear the best of his experience. Also, you could have asked him how much he earned through the Financing Activity. Rajesh was honest in accepting what he did, which is not correct as he rotated somebody else money. He could have perhaps given 50% of what he got through the 2nd round of financing to the Original Financier. But, had he stuck with him, he would not have become what he is today. A great experience he had.
Absolutely right
Totally agree
Totally agree sir ❤
Right
He was a hardly 15 a hard time. One got carried away. But his humbleness he accepted that is a big gesture
This conversation is so honest, candid and practical. Thanks Raj and Rajesh.
3:49 imp 5:10 good definition 11;27 importance of being a good observer 14:11 16:44 22:11 23:44 43:15
Hi raj
I like this conversation reason behind
1. Its easy understand
2. More practical talk
3. Less critical English words between conversations
Raj well done dear...Loved Simplicity Of Mr.Dembla down to earth....God bless you both.
Two things that I found really fascinating in this podcast:-
1. That how he created a great profitable business when he was staying at the railway station. And,
2. He got a job in yellow pages just unexpectedly and this incident changed every bit of his life. Had he not gone to drop his friend he would not have gotten the job.
So, in life you just can't say that which thing is gonna help you and which is not. You MUST have to be a believer.
Raj , it was just an excellent to hear Mr. Dembla who is such an inspiring soul who wants to give back to the community of entrepreneurs lacking resources . Keep it up . God bless you CA Anil Kumar
Rajesh Dembla is simply the best man, i could think of right now.
Wonderful session I enjoyed it. Ye proof hi admi ko apni Zindagi behtar Sahi tareeke se banane Ka.
Excellent Rajesh !!!!!! Really happy and inspiring ❤
Great podcast. An inspiring story of Rajesh. Thanks Raj.
Raj and Rajesh are great so thankful to both of you for sharing this video
Every founder is an great story teller
I liked the way you interviewed this gentleman, very informative, to learn youngsters. This is the first time I have watched your video. I appreciate, keep it up. Awaiting for coming one. Thanks 🙏
Liked the podcast.Please bring Naval Ravikant and other big fintech legends who can guide masses and help in financial literacy of India.Keep up the good work Raj
Thankyou Raj bhai for bringing him on the show 😊❤
Great sir.
00:00 - Introduction
02:01 - Success of DMart
03:45 - Reality of VC & startup ecosystem
5:01 - Success of Dunzo
6:19 - Spending nights at railway station
7:54 - Best of humanity at railway platform
9:14 - Worst of humanity at railway platform
11:27 - First business started at railway station
14:04 - First business lesson
16:44 - Life lessons learnt from first business
18:05 - Odd jobs for money
19:33 - First Job at Yellow Pages
22:11 - Breakdown of Sales
24:17 - Formula of making Sales - PEU
26:13 - Salesman Seduction
26:53 - Just Dial journey
28:59 - Just Dial - Success or Failure?
31:26 - What went wrong at Just Dial?
32:49 - Build VS Buy
35:03 - Reason for the downfall of companies
36:47 - Consumerism in India
40:16 - Sanjeev Bikchandani’s Success decoded
43:15 - How to focus & simply as a founder
44:46 - No innovation without experiment
45:40 - Indian Customers VS Western Customers
46:44 - Indian teams VS Western teams
47:29 - What is Zoozle.in
48:49 - E-commerce industry is not sustainable
51:31 - Zoozle’s business model
54:43 - Conclusion
Thanks
Inspiring talk. Enjoyed it and have taken some great tips on sales. Thank you for the show 🙏 🙏 🙏
Both of you.. great conversations.. thanks
Thanks a lot for this excellent content and interview
Loved the way as he first started with life journey ups and downs and everything and at last about his business
Just love the video, Deep ensights & learnings we have not been taught anywhere. ❤❤
And probably this is also my dream to come and have a podcast with you you guys do a great job
Thank you for doing amazing work for us 😊
Video has touched beyond International level
Thanks
Good Job Raj... This is the first i am writing my review about any "Podcast" in India. I got to know that If a common man believe in his ability, he can make wonders that's what Mr. Rajesh Dembla Proved. Thank you so much Mr. Rajesh sharing your expeiriences. It's a really eye opener for the younger generation and the start-up companies since India is going to be part of building up world class Unicorns. I like the way Mr. Rajesh explained his complete transmartation from Railway plotform to budiling world class plot form like "ZOOZLE". I throughly enjoyed the podcast and gave me a sense "Why can't i become Entrepreneur". Another bad part of consumer behaviour in Indian E-commerce Industry, People use the product and return, We need to change this behaviour with tehnical innovations only. I always pray alimight to give good health and piece of mind to Mr. Rajesh Dembla, so that he can build-up better products and plotforms and making younger genration to be part of this revolution.
@54:25 👏👏👏👏💗#Inspiration #Motivation n #Democracy of Indian #Entrepreneurs @RajeshDembla Thanks a Ton n Raj Shamani it's A blessing to grow business upon your shared wisdom Thank you sirji🙏👍#StayBlessed
Hi Raj, started seeing your videos. As a businessman working in Russia, have started picking good ideas and products to install in my business and push it forward. Keep doing the great work.
Bhai I also want to work
Vi i work with you
What business you are running bhai
A great insightful discussion, loved it. Keep up the good work Raj
the first thing in sales is you never sell, you uncover needs........SUPERB
Thanks Raj...you are doing good job. I heard first time to Rajesh Sir. The discussion happened on Sales, build vs buy and Zoozle model.
You help us allot and alot to young generation
Great Respect & love to both of you ❤❤❤❤
It inspire lakhs for future journey through turmoil of life.
Excellent podcast.Shared with my young son.
Learned lot of things in this conversation especially regarding the ever changing customer behaviour.
Just fantastic, to the point and informative
@Rajshamani I love your podcasts, from this episode what i have learnt is immense
"I wouldn't have been where I am now with out being where I was"
"Become everything for someone instead of becoming something for everyone"
These two just blew my mind.
Thanks for the content.
This is re-uploaded but surely I loved his ideology 💯
Very good idea and knowledge that guy are sharing ... Thanks a lot & love you ❤❤
His story will inspire those who are in search of work and to earn money without doing wrong things.
Bahut hi samjhdaar aadmi aur chaalaak hai. Rajesh Dembla.....wow what a journey
Hi sir, Iam from South India and this is my first time to your channel. Thanks for creating these types of podcast.. I wish these podcast should benefit people all over the world.. if not at least to all the people in India.. so people to get benefited please add subtitles in English.. this would be the greatest thing you could do for your channel as we as to people.. thanks.
This is the best video among all I have seen so far on your channel. Thank you and I will definitely share this among my surroundings.
This adversity brought u from rags to riches. These are golden lessons
First what a humble story and upright person he is, second buisness is important when we see the profit with the impact it could create in your consumer third make people trust you with ur quality instead of burning cashes in extravagant marketings fourth be a genuine consumer than cheating companies since it ultimately incurring loss to someone
You both Raj and Rajesh talk so simply but delivered great..
Best guest ever on any podcast
Very true feelings both of you shared...Nice podcast ❤❤❤
Hi Raj, this is amazing podcast. Thanks for bringing such a great personalities. He is truly inspirational. In between I felt like you are stopping his flow, which was unlikely in other podcasts. I felt like you should wait till he complete his view. But overall you are doing amazing job.
Very good morning ,
I am very happy to watch your podcast and wish you a very happy and prosperous life. I only need to share with you "if you cheat someone then nature will cheat you" . When R. R. Demla Sir stayed with no money , no food , someone trusted him and gave him an opportunity to lead a good life. But after a few days he too tried to disappear that person who helped him on his worst time in life. So, everyone in this world willingly always takes steps to cheat someone sometimes.
56:24 seconds is well invested in this podcast ✌🏻 Loved the way you interact Raj far better than someone else
Very inspiring my heart runs with emotion. Hats off sir
One of best podcast with best content and inspiring incidents💯 Thankyou for such valuable knowledge!!
One of the best podcast ❤❤
Very nice to see such videos..its really motivating..
Too good conversation. I learned a lot from it. I am going to share it with my friends..
Such a very knowledgeable conversation both of you I really liked it that you so much both of you ❤
Thank you for helping Me!
Thank you Mr Raj shamani for bringing such a worthy program
Kudos to you
Very good podcast, very informative and realistic ..
Very knowledgeable and emotional podcast bhai. Thank you so much 😊❤❤❤
I watched full video , what an amazing video . Thanks for free of knowledge
Good quality at the lowest price .....single sentence is equal to age long experience. Love from Pakistan.❤
We audiance also know and feel who speaks honestly and for the benefit of others .he is inspiring .There are some doctors i don't know i can't connect not telling us real solutions just seems like advertising themselves , some are good .
@10:27 I m literally shaking n crying That's so heart breaking
I can't believe how they can be so cruel
My introduction, Salma begum
Amazing insights 💡💡
Boy Love and Respect for you. ❤
Amazing and inspiring 👏👏🎉❤
Thank You So Much For This Valuable Insights To Become A Better Entrepreneur 💥 Thank you So Much 😊
Bless you Raj bhaiya
Thank you 😊
very useful. Thank you
from this video i got some new tips about E commerce thnku soo much😊
One of the people who deserves success 🏆💪
Sir pls bring more podcasts related to this ,like some legends who make their own kingdom in ther business pls make podcast like this 😊 thank you for this sir😊❤
Lot of knowledge from this video.after burning my fingers in option buying for 2years after age 45, started stock investing(long term and swing) and also on option selling. This is giving me consistent return of about 40% return on annual basis.
All your podcast are so inspiring. I wish you lots of best wishes for upcoming one's. Looking forward for It. Thanks
So much valuable podcast brother ❤ thank you so much for inviting such person who believes in straight away information and facts rather than gyanbazi ❤❤
Congratulations!! Keep it up and spread
This will be riyal inspiring podcast
The build vs buy comparison which led to the downfall of dialit and effects on buying with consumerism were worth taking notes. And nonetheless the life lesson on railway station kick out. Superb episode. Keep it up.
Shared with 20 people/platforms in Nigeria, I like your podcasts and TRS and others, 🙌🏼
Your podcast is really ad value
Watching the video half way through. It is clear you need to work hard and learn the hard way. The current struggles is the process to prepare ypu for the challenges and success of the future
Very nice sir today's information
Hi Raj. This is one of your best one.
It is really incredible pick I listen from your podcast #ramshamani I learn vast amounts of stuff from this conversation.
Thank you for bringing such great personality into the stage.
Thanku for this podcast ❤
Appreciation from Pakistan Raj, very informative sessions.
Best video thanks useful for all
when i started the podcast I was like kaun h yr yeh uncle.
but mid of the podcast huge respect and regard and so love for him .
15:23
he make 2x using same resources 💝💝
lots of love and empathy and prayer to him.
thanks raj for introducing
Another amazing podcast 💯
Glad you enjoyed it🙌
Excellent information
Great podcast 👌
Great discussion
I really loved this episode and i feel that u better have an deep talk with Rajesh sir
and i am very much happy for watching this viedo and understanding things and
connecting some of my doubts which were in my mind
Finally thank you i really enjoyed the episode very much😀
oh its like lesson for me i love it
Today I learnt from this conversation that sells actually I am a sells person thank you for this awesome Discussion
Mje Rajesh sir ki struggling story means kaha se kaha pohche hard work krke ye bht achha lgaa....🎉