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Rejected By 70 Investors to Building $5 Billion Unicorn | Asish Mohapatra On Indian Startups | FO 64
Order my first book here: https://amzn.eu/d/eCfijRu<br><br>In this latest episode of Figuring Out Podcast we are in conversation with Asish Mohapatra Co-Founder and CEO of OFBusiness and we have discussed:<br>-How to make a startup profitable from day 1?<br>-Top 4 most profitable business in India<br>-What are the right ways and tools to build a business in India?<br>-7 steps to become successful<br><br>Asish Mohapatra is an Indian entrepreneur, who is the Co-Founder of two unicorns startups in India. Asish has a B. Tech in Mechanical Engineering from the Indian Institute of Technology, Kharagpur, and an MBA in Finance and Marketing from the Indian School of Business, Hyderabad. <br><br>Asish Mohapatra was a venture capitalist with Matrix Partners India for five years before he turned entrepreneur by co-founding OfBusiness in 2015.<br><br>OfBusiness turned unicorn with a $160 mn funding round that came on July 31, 2021, thereby becoming the 18th Indian startup to turn unicorn in 2021. Oxyzo, the lending arm, and a subsidiary of OfBusiness, has also joined the unicorn club in March 2022, after it successfully raised $200 mn in funding, in what has been hailed as India's largest Series A round.<br><br>Watch this episode till the end to know how Asish built OfBusiness from ground zero and his thoughts on profitability vs growth and much more.<br><br>Asish Mohapatra's Social Media Handles ‡οΈ<br><br>Instagram @asishmohaps <br>https://www.instagram.com/asishmohaps/<br><br>Twitter @AsishMohapatra1<br>https://twitter.com/AsishMohapatra1<br><br>β’ β’ β’<br><br>π§ Stream Figuring Out episodes on Spotify: <br>https://open.spotify.com/show/736rhmW7vilNgkFFo8aDz4<br><br>πΊ Watch Figuring Out episodes on YouTube:<br>https://youtube.com/playlist?list=PLE0Jo6NF_JYO5-phess8GKafKMtPv3tfZ<br><br>βοΈ Subscribe to Figuring Out Clips:<br>https://www.youtube.com/c/FiguringOutClips<br><br>β’ β’ β’<br><br>Timestamps:<br><br>00:00 - Introduction<br>03:13 - What content Asish consume?<br>06:13 - How to achieve top in everything?<br>09:20 - How did Asish get inspiration?<br>13:08 - Why doesn't Asish have his own cabin?<br>16:34 - Top 5 principles of Asish Mohapatra<br>21:23 - Why donβt make plan B<br>23:21 - Dhanda approach<br>25:08 - Everyone should be a salesman<br>27:08 - How to build a billion dollar business?<br>36:49 - 4 big billion dollar businesses in India<br>42:55 - Dollar Vs Euro<br>45:00 - How to export?<br>49:08 - How Asish learn business?<br>51:55 - Role model of Asish<br>52:53 - Why was Asish a terrible investor?<br>58:26 - Investment philosophy of Asish<br>59:21 - How I receive investment from Asish<br>1:03:27 - 7 steps to become successful<br>1:07:51 - How to find your passion?<br>1:11:03 - I have stopped celebrating<br>1:14:43 - Why startups fail in India?<br>1:24:07 - Commitment vs Competency<br>1:28:51 - Which business Asish likes the most?<br>1:39:36 - Top 3 business fundamentals<br>1:40:35 - Why should business be complex?<br>1:43:51 - Where does Asish invest?<br>1:46:24 - How to become an alpha?<br>1:56:22 - How to become a better salesman?<br>2:03:39 - Conclusion<br><br>About Raj Shamani<br>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.<br><br>To Know More,<br>Follow Raj Shamani On ‡οΈ<br><br>Instagram @RajShamani<br>https://www.instagram.com/rajshamani/<br><br>Twitter @RajShamani<br>https://twitter.com/rajshamani<br><br>Facebook @ShamaniRaj<br>https://www.facebook.com/shamaniraj<br><br>LinkedIn - Raj Shamani<br>https://www.linkedin.com/in/rajshamani/<br><br>β’ β’ β’<br><br>#Podcast #FiguringOut #RajShamani<br><br>About Figuring Out<br>Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India. Become an exceptional speaker and own any room you enter with your confidence: https://m.rajshamani.com/4UtT
Entrepreneurship
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