How the Youngest Billionaire in India Turned $500 into Billions
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- Опубліковано 27 тра 2018
- Divyank Turakhia Interview - In January, the young billionaire sat with Patrick to share how he created media.net, insights to the tech world and what can be done about the slums in India.
Valuetainment Interview: How the Youngest Billionaire in India Turned $500 into Billions
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About Divyank Turakhia:
Divyank Turakhia is an Indian-born businessman, billionaire, serial entrepreneur, and investor. His net worth is estimated at $1.76 billion.
About Media.net: bit.ly/2LDFvGs
Founded by serial internet entrepreneur, Divyank Turakhia, Media.net is a leading global advertising technology company that develops innovative products for both publishers and advertisers. It provides the full spectrum of advertising and traffic monetization solutions to its large, diversified client base worldwide, and has one of the most comprehensive ad tech portfolios in the industry.
By market cap, Media.net is one of the Top 5 largest ad tech companies worldwide. By revenue, Media.net is the #2 largest contextual advertising business worldwide.
About Valuetainment:
Founded in 2012 by Patrick Bet-David, our goal is to impact entrepreneurs around the world through value and entertainment. We are the #1 channel for entrepreneurs because of the best interviews, best how to videos, best case studies and because we defend capitalism and educate entrepreneurs.
To reach the Valuetainment team you can email: marketing@patrickbetdavid.com
Music selection used through agreement with Epidemic Sound bit.ly/2B8DxK1
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Very humble individual. If you ran into him in public, you’d never think he was a billionaire.
Ikr
Take the music off...! It makes it harder to concentrate on what is being said... which is a shame when the content is so good.
This means you have a low attention span, you need to work on it, try meditation.
@@joelntagara5155 it means the music is in the way lol
It's not the music. It's the shitty original audio. Sounds like inside a box.
@@ALCRAN2010 correct, good music stays in its place in the background. Shity homemade music is not the same as good background music
I agree turn the terrible music off
What I learned from this is... His Dad play a major role in him... He got a great father!!collecting books and makes his children read every books he collect! While the country got poor education at that time,his dad able to give his children a great education and proper exposure about the world without ever knowing it.Positive attitude really breeds positive rewards!!
Definitely I will do the same to my family.Love it!!
Huzzairy Rosli Dude no one knew what computers were where these kids were learning programing. The books connected them to the western world. Rule 1of raising kids- don't get cable TV
As he said. It's that one generation that needs to change the system for the future generations to reap the benefits.
He didn't make his children read books he collected, the books were just the most entertaining thing the children had and it was also the most convenient entertainment they had. An environment making learning easy.
Parenting is one of the biggest factors in success. I'd probably be a billionaire if I had a better family. Instead, I spent years in a psychological war, before I could succeed.
I've sworn an oath to not repeat my father's negligence and belittlement-- to be a good parent. My kids will probably be able to do more with their lives, than I could with mine, simply because none of it will be spent in a time-consuming mental war.
And the people that had a bad childhood, but never fight their war? They wind up as permalosers. We've all seen those.
Yes, his dad gave entertainment in the form of books and programming!!! Even parents of today's generation don't do!!
I'm an Indian but what I'm going to say is from entrepreneur stand point- this is the best interview you've every done. No one else dropped so much value to an entrepreneur as much this guy did. He covered everything from finding opportunity and starting a company to scaling up and building processes.
Manav Singh shut up bro I am not an entrepreneur Fuck entrepreneurs I am a genius.
He's really technical. I'd like to see how this guy is in terms of leadership building. I feel like he is more technical than anything else. He sounds like a classic engineer type of guy. Since I was only able to graduate in economics, I'm a lot less technical but he does give a lot of specific information. For me, I enjoy listening to people who talk about how to grow leadership and discipline as that's my own focus.
Abdullah Zeb look at your last name , is that mean something to u ?
Mehdi Karout no it doesn't
Abdullah Zeb well you have the most popular name ever
Identify a niche and grow substantially within before going mainstream; Follow where the money is and identify your core strengths and weaknesses- Great Advice
Manveer Jagannath you got the Money part wrong
Yes!!
Seems like such a genuine and humble man. Loved the interview!
A truly inspiring story and a great interview. Thanks for the awesome content
Incredible interview...could be most clearly focused individual I've ever heard. So love his humility and how he grew up sharing everything with his brother. Guarantee there is something in that mindset that makes him attract talent and genuinely helps others reach their peak potential. btw...I bet 95% of MBA students couldn't communicate these concepts off the top of their head.
This was literally the best interview that has come over in a while! Totally loved it!
Interesting. What was your biggest takeaway?
Actually quite a few, I couldn't decide what takeaways to write and what to leave so I filled all in!!:
1) I liked the concept of "Identify where the money is" that Divyank constantly stresses about.
2) The concept of trying to do more of what one is good at is not new but Divyank took it to a whole new level by licencing core competencies to competitors and minimizing weak spots like sales. I totally loved this viewpoint.
3) Divyank systematically deciphers the process of getting into a new industry: GROWING niche-> growing large in niche to the point that you can compete with industry giants -> vertical and horizontal integration.
4) 'Go where everyone is making money' was a important advice for me since I gravitate a lot towards things that no one has done.
5) How do you research an industry? This was a big question that I had. The interview gave me a good insight.
6) The feature prioritization strategy that Divyank recommended was quite nice. It was similar to what the Lean startup book recommends but more practical, especially in my particular case.
7) The way Divyank thinks about resources i.e. whatever you have you have to use to full optimality and hence however big you get you always have limited resources; this line of thought really impressed me.
8) The collaboration mentality is something I never understood, but this interview helped me a lot.
9) When the youngest self made billionaire in India talks about importance of patience, you know that it is important!
10) Lastly, I loved his attitude. At the time of a crucial deal with yahoo when there was nothing he could do, most CEOs might have sleepless nights just worrying about the deal. This guy was instead flying helicopters!! Totally the attitude that I am trying to get to!
There is so much wisdom in this interview that you're going to have to watch it 3 times or more to learn from the lessons. But again, lessons learned and not implemented will be useless so just go out and do it.
That’s the truth.
valuetainment lives up to its name, consistently putting out value and combining it with entertainment like interviews and case studies. Thank you for all that you do!
👍🏼💪🏽
I am just waiting for the Elon Musk interview
Me too
Lots of lessons can be learnt from this video. Look at the passion and enthusiasm from start to finish.
just an observation: PBD's microphone should be on the side where he is most likely going to turn to speak to the guest. The audio quality dissipates during this interview because the lavalier is on the opposite side.
Great lessons learned from this interview. Awesome channel.
The audio dissipates is because of the denoiser effect that was added on. I'm assuming they did that is because when filming there was a lot of noise that was picked up during the interview
Amazing how once people have all the money in the world, they continue to work. Goes to show that fulfillment > money
Ken Kernen & 80/20 Investing - Simple Stock Trading
Or it could be the human tendancy of "It's never enough!"
Funny those who run after Money never get it
I've come to realize that people want to be useful more than be rich.
Stability is stagnancy . Life itself is a disturbance in the stagnance. Death is stability.
i wish if there's a BUTTON to KILL the background music! ( I'm in for the Content Bro )
Please if there's a version without the background music, i'd like to watch it. i gave up on this one at 23:min
come on, i didn't even notice it until i read your comment
@@makingitchina418 Same here..lol
start a business around that lol
It’s because there is an echo in the room
Awesome interview! What an interesting man. LOVE IT :) Thank you Pat, always bringing the BEST!!
He is a really great guy, what most billionaires tend to do is keep their "real tactics" secret and tell some bullshit we all know anyway something like "you need to work really hard" but this guy really told stuff I had to note down , some great information !
Did you just take my name?
Thanks a lot Pat for sharing this interview ! The experience shared by Divyank will really help us all.
Like the most he said, rich and poor, people happy in India. Saw a picture, group of poor people dancing at street. Money did not buy happiness, it’s the family value. Thank you
thank you man for bring this interview here, you provided a lot of value.
Man., back to back to back to back to back... Valuetainment is changing the freaking game. I really hope everyone watch all of these. So many nuggets in these interviews. Being a CEO himself., Mr.BetDavid directs the conversation in amazing places. thank you!!
This was amazing.
Being an Indian and a native of Gujarat (divyank is a gujarati) this makes me proud
This is one of my favorites. Great job Pat!
Wow.....That was so f*cking inspiring. I m from India ...didn't know about this guy. Thank you so much Pat. Lots of love from India. Stay blessed & Stay great...👍
He’s a beast.
I LIVED IN INDIA for 10 FUCKING years mate !!! LUV the place !!!!
@@dannyho6786 y
Ikr same goes for me
Wow Patrick thank you for that. I look forward for any new interview you bring up...This is really great guy, you can feel the transparency and positivity from way he explains everything about his way to top and the principles that he reveals...One of the most loveable enterprenaurs I ve ever heard to talk to people.
Man Patrick amazing interview man! I was immediately hooked had to watch it all at once. Took some great notes as well. Man amazed me wen he was 13 and was already coding for companies. Goes to show you can't feel intimidated to ask if you feel like you have something to contribute.
Another point I liked was to make quick decisions. Yes realized that is so important. Can't stay stuck on a decision for long just do what you need to do and get on with it.
This is such a great content, I'm going to keep replaying 2,3 times. Great!
Extremely insightful, educational and inspiring. A lot of success nuggets. Methinks I'll be watching numerous times.
Excellent.
First time I ever heard an entrepreneur say that he sucked at Sales & Marketing, and he's a BILLIONAIRE! "Convert Sales & Marketing into Auto-Mechanism." This channel is called Valuetainment for a reason. Much success to you Pat and all the Valuetainers. We will make it no matter what.
Don't believe that
That's another smooth selling technique !!
"There are people who work hard and never become successful. And the primary reason for that is because they are missing out some how on learning and evolving." Thank you for sharing this interview.
He included so much information and general tips that apply to everything and everyone into his story.
Definitely one of the best so far in terms of knowleadge.
Awesome and truly inspiring interview..Thank you David and Divyank...
Great content, this guy dropped so much value for aspiring entrepreneurs. Continue to interview these kinds of people very humble and willing to share. More power to valuetainment.
18:11 - How to grow stages: (1) Pick a niche > (2) Go more mainstream > (3) Vertically integrate your business
💪🏻😎👍
gonna watch this
again and again..
WOOOOOOOOOOOOW!!! Please bring us more global stories like this!
Thanks for sharing! Great interview.
This guy is amazing! Good job in getting him on the show! Music too loud though!
Convert it and all your interviews into podcasts and make it available for SoundCloud
We are in that process. For now here is what we have on Soundcloud www.patrickbetdavid.com/valuetainment-podcast/ - MA VT
Mariah S truuuu
Nothing is truer than this: Behind every great man or woman is a great parent(s)
doesnt matter how rich you are,or how intelegent,or how handsome,the most important thing for any kind of success in life in my opinion is family,if a kid has a happy childhood and is loved,he starts growing up into a mentaly strong person he can focus on a goal like this man did,its just amazing,so many people living in a small place but getting along and having fun and growing up into strong human beings...
This was a amazing story, anything is possible with a lot of hard work and a little bit of luck 👌🙏
INVESTING HUSTLER - Stocks Money Entertainment Working smart I think is the main takeaway. You can work hard digging for oil in the wrong place if you don't survey the land first.
*a lot of luck
Your in all these money video comment sections. Hope what you desire comes to you my friend. Nameste 🙏
INVESTING HUSTLER - Stocks Money Entertainment lot of luck
Not luck smart decisions with good understanding of world and people and solving the problem while connecting people and resources
This is the best interview I have seen in a long time. Some amazing information from an entrepreneurial point of view. He has a very generous personality. A pleasure to listen to.
great interview !! learned a lot!
So Pat, first off, love the intro. 2nd, absolutely love that suit you're wearing. Looking "Mobbed Up" every time I see you. You bringing back the classic man look. Link me up with your tailor.
This makes me so happy I've been learning different programming languages. What an amazing story
amazing interview loved this so much nuggets given out to success
Great interview. Thank you.
Easily the best interview I have ever watched. Thank you very much Patrick #fromsouthafrica
biggest take away for me is to implement transparency and normalized margins from the get go with customers. Exactly what is on my mind today! .... oh and at the end the part about being a perfectionist will slow you down. I force myself to read every word in a book from cover to cover else it doesn't "feel right". This guy says just skip through unimportant stuff cos you need to cover more ground and get to the important and relevant stuff. Makes sense :)
skipping the pages you don't like - tai lopez said it years ago, tho he didn't have any significant revenues, lol
soo much value in this video. thank you very much
Amazing content, amazing guest and host! This is the type of people I am seeking. So much to learn from. Thank you again.
Amazing interview, love this guy, worth watching every second of it...
Wish these awesome interviews were available on iTunes podcast.
who the heck could dislike this??? This is amazing, thank you!
This interview has so much real-world stuff to learn. That'll really make a change. I love Patrick because of the work he's done. Teaching millions of entrepreneurs by sharing his wisdom about business and the real world. I never regret watching any of his videos and doesn't matter what the topic is about. Because Patrick talks about real-world stuff. And 100% transparent letting us know about the reality. Loved the interview I'll be super successful and be interviewed as well. 🔜 Soon it'll come true. Can't wait for the moment to come
Kick the music pls :D It's distracting and annoying honestly!
What a valuable video. Thanks to you both
Fantastic interview again Patrick,, thank you Valuetainment
Great ,Great words of Wisdom from the Divyank Turakhia Interview...
Interesting interview, interesting man. Thanks for sharing !
man this interview was gold
Mindblowingly awesome interview!!! Thank you very much!
another awsome interview valuetainment!
This interview is so phenomenal on so many levels
Wonderful interview; I just shared it with my brother. He and his son are going to watch it together. I'm seeing comments on audio, but it was crystal clear to me. Maybe it's been fixed by now.
Thanks, it is great interview. Everything have to start and learn from the basic beginning, no short cut. Thank you. Appreciate especially in the time of chaos
We need more honest interviews like this. Great work.
Pat with Divyank Turakhia...Very revealing on how to build your business ideas 'premeditatedly.' Love your interview skills. More of these, please. And, thank you!
One of the best talk i have ever heard
Can you please provide a transcript for this interview. I can't understand everything quite well since Divyank akcent is difficult to catch and the music makes it even more difficult. So I am begging you guys to provide us a transcript. Please 🙏
Great interview and very open and forth coming interviewee. Learnt a lot.
Host was trying so hard to soak all he could absorb, if 1% of that information is drilled into his head ... he is blessed
Important points noted on niche, where the money is, and margin. Thank you Divyank, n as always Pat :)
A wonderful interview, it's great I found at right time. Classic examples, I had all these ideas I hoisted websites from India in 2000, but did not envision to build a company. U need build and its off course takes 5 to 10 years. I worked in great companies and built great products and delivered competencies and their mapping across globe in top American companies and national companies. Now I shall take a lead to build my own products and sense the smell of Ownerships and fire in butt... Fantastic interview kudos to you. And I feel our Indian entrepreneur did I spire me more than jack MA did... In 5 years u shall interview me and God's grace I shall build global products...
Amazing interview....thank you PBD for letting the man talk. He seemed eager to share his knowledge and you asked perfect questions and let the man express fully. This allowed us to learn from him unfiltered. Many other interviewers guide the guests into answering certain questions and we hate that. Thank you value entertainment!
So true
I am going watch this again and again. Tonnes to learn.
Great work Patrick ..as always !
Wow, Mr Turakhia is brilliant !
Great interview as usual Valuetainment
Learnt a lot from this interview. Respect to Mr. Divyank.
I like the background music! Very Cool Guy! These types of people make me have Hope for the World! Patrick! What are you doing about 5g!?
@valuetainment I appreciate all the hard work and amazing content your putting up for free. Thank you 🙏 please get rid of the background music it's very distracting. Love and respect!!! ❤️❤️
Honey Hujaleh I did not even hear it until you pointed it out.
Truly inspiring story. The passion and youth he oozes is so authentic.
awesome! great idea
this guy is amazing. thank you, thank you for letting us getting inspired by theese great people. One day i will be here too explaining how i imporooved the world
Yes!!!
Thank you Patrick for such informative interview
Love your work
Keep it up
Thank you for bringing this information to us.
this is so ispiring both borhters are inspiring, learnt alot will practice what i learned
I didn’t expect to see a genius talking.. wow!
All because a father planted a seed in his children's heart ❤
Great interview, really baffled with his personality.
knowledge Ocean ..incredible!!
Really enjoyed it Pat, thanks
Dude you are so much energetic and confident in each video.
How you build such a confidence and from where you get such a high energy every time?
that's a great question. especially the confidence part
Erik Thomas agree with you. But how those broken heart kid can regain their confidence.
patrick actually came from a horrible family that fought a lot
He is my Idol... You are my idol..
Love you!
This guy is a force!! He's a business hurricane, good job Pat, another one!, great.
He is.
Thanks pat! Awesome interview.
Wow it really inspires us here the youth in India, thankyou valuetainment team & Patrick