Raj Shamani - Avnish Bajaj

Darshan Mudbasal
|
May 25, 2023

1) Avnish discusses the importance of having a strong domestic market and the rise of luxury brands in India. He also predicts that luxury will continue to grow in India over the next decade.

2) Avnish discusses how the rise of the middle class in India is a sign that the country is on the rise. They agree that the middle class is growing and that this will result in the flatting of the pyramid. They agree that the most interesting debate is about the savings rates of the middle class. They predict that, once the billionaires leave, the country will become moreemployment-generating.

3) Avnish discusses how the digital bridge across the physical infrastructure will divide India and make it difficult for businesses to compete against China.

Avnish Bajaj in podcast with Raj Shamani

4) Avnish Bajaj discusses how digital infrastructure will change the way India operates and how this will impact the employment generation. He also discusses how Neo Banks and other fintechs will help India solve these problems.

5) Avnish discusses the difficulties that businesses face in India due to the population and economy being different. He also discusses how New Age entrepreneurs can help businesses succeed.

6) Avnish discusses how cost and cost-focus can help reduce the risk of failure in India's Frugal Engineering industry. He also discusses how customer obsession and focus can help create a successful Frugal Engineering business.

Avnish Bajaj

7) Avnish discusses how consumer brands have taught humans to do things this way, by positioning themselves above other brands in terms of price, and by having a long business plan.

8) Avnish discusses how India will become a trillion dollar economy and how to value a company. Avnish also advises entrepreneurs to focus on concept stage and not on market sizing.

9) Avnish discussing the VC industry says that it takes a lot of experience and skill to be a successful VC. He also recommends that young people should not want to enter the VC industry directly, but should look to become a successful partner in a VC company.

Avnish Bajaj

10) Avnish lectures on how India will become a trillion dollar economy. He says that if an entrepreneur is not successful then it's a problem, but the real money comes from the profits. He also says that it is less risky in an entrepreneurship as one is putting their life into one thing and here, one is hedging their risk.

WRITTEN BY
Darshan Mudbasal

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