Guide to SCALING a BOOTSTRAPPED Startup from 0 to 1000 crores ft. Amit Jain of Car Dekho: IBP Ep 4
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Published 2024-04-22
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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
All Comments (21)
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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 ❤
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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. 🔥
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Mr.Jain is very practical and not even one word that's overstated!!
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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!!!❤️
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We need more bussiness case studies
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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
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The clarity in both of your words is insane!!🙌
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Very good interview! Can't get a better founder than Mr.Jain to explain about the startup journey!!
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You really did a great podcast. Its a far ahead of the very first one.
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High density of insights. And huge respect for Amit Jain.
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The best episode of think school in my opinion, good questions were asked not casual buttering questions…
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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👍
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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.
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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
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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!
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This was so good, i didn't expect to get so much value out of this. Amit Jain is a chad
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This was the best on ground podcast ever heard , superb Amit jain sir and think school team
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An example of how the great companies are built!
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Watched full video 🙌 These are some best advices from an India business man ever 🙌
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hr, marketing, finances and data analysis ...all very well executed.
