Watch THIS Before You Begin Your Start-up Journey In India | Mukesh Bansal | Full Episode
Вставка
- Опубліковано 16 лип 2024
- Hi, thanks for stopping by! You’re watching #TheBarbershopWithShantanu
In today's episode, we have Mukesh Bansal, founder Myntra and cult.fit on the Barbershop.
We talk about how he came back from Silicon Valley to run a startup in India, his journey with Myntra, the famous Flipkart acquisition, building cult.fit, his fitness secrets, and much more!
Stay till the end, because you cannot miss this one!
Liked the video? Like, comment & subscribe for more!
_____________________________________________________
00:00:00 A tease of what’s to come!
00:01:17 Intro
00:02:07 Travelling and imbalance of life
00:03:45 Fitness journey & starting cult.fit
00:06:17 Pressures from exiting behemoths
00:08:24 Evaluating the market for cult.fit
00:11:16 Going from insight to business
00:13:37 Experienced founder vs first-time founder
00:14:25 Achieving PMF by fracturing ribs
00:16:50 Initial days of building
00:19:02 First team behind cult.fit
00:20:15 0-1 journey post-acquisition
00:23:53 Did simplifying cult.fit take things away
00:26:29 Dealing with acquisitions
00:31:19 Merging cultures of acquisitions
00:34:57 Dealing with Covid shutdowns
00:42:12 Learnings from cure.fit
00:45:25 Solving operations is a HUGE task!
00:51:58 Shantanu’s insights on shaving
00:57:44 Entrepreneurship through listening to consumers
01:02:46 How did the Tata conversation happen?
01:10:07 Coming back to India in 2007
01:14:19 Initial idea behind Myntra
01:17:41 Figuring out PMF for Myntra
01:19:46 Growth of phones in India from 2011
01:21:16 How to build a team, and attract talent
01:24:46 Obsession with product
01:28:00 Driving mentorship from seniors
01:30:17 How did Myntra get acquired by Flipkart?
01:34:57 Mukesh’s personal journey in transitioning
01:36:19 Does Mukesh have sleepless nights?
01:37:46 Toughest time as an entrepreneur
01:40:53 What Mukesh would do differently at Myntra & cult.fit?
01:43:37 Building iconic companies
01:47:45 Takeaway for today’s entrepreneurs
01:52:37 Is this the golden generation of entrepreneurs?
01:55:09 Mukesh’s advice to the viewers
01:58:14 Concluding thoughts
____________________________________________________
APPLY NOW
We are looking for early stage stage companies with:
- Amazing Founders
- Operating in large markets
- Are post revenue
- TBWS will put in the first or second institutional cheque!
Email us about you and your start-up on barbershop@bombayshavingcompany.com.
_____________________________________________________
OUR SOCIALS
Instagram: / thebarbersh. .
LinkedIn: / the-barbe. .
Facebook: / thebarbersho. .
Twitter: / thebarbershopws
Spotify: open.spotify.com/user/31ygolx...
_____________________________________________________
ABOUT OUR CHANNEL
My name is Shantanu and I am the founder of Bombay Shaving Company and Bombae.
I LOVE entrepreneurship. Personally, I would rate myself as an average (at best) entrepreneur, but I love great ones.
The BarberShop with Shantanu S2: Raiser’s Edge goes beyond our conversations from S1 on our podcast to tangible help.
With the help of our sponsors at BSC and Bombae we have put together a season which brings together a corpus of 50+ equity seekers looking to support 20+ start-ups in their growth and success.
We will be releasing an episode every Friday at 9 pm. Tune in and hope you enjoy. :)
_____________________________________________________
CHECK OUT OUR OTHER VIDEOS
• A Marketplace Where Yo...
• Going Viral On LinkedI...
• From A Small Town in U...
• Founding GROFERS & BLI...
• Hacking Luck, Working ...
Your channel is better than any Institution teaching MBA ... A huge learning experience happening...
Agreed 💯 %
This is some absolutely insane insight for anybody who’s starting out a company. Picking up topics which are like close to anybody starting a new business. Bringing out topics about why they thought to do so in certain situations, its extremely informative for people who are just starting. Loved it!!
Value unlocking after a decade was such a eye opener. I hope and wish that early startup employees too realise that.
Love to hear the inside story of an entrepreneur's journey. A start-up's PMF is the most difficult chasm to cross, and multiple failures before it really takes off. Extremely valuable conversation !
took 3 years plus for me
This is nothing less than a startup and consumer insight masterclass !!!
Amazing and insightful.
The Japanese companies enter India by initially tying up with a local partner ,understanding the market and a few decades down ,they are on their own or are majority shareholders
Eg Hero Honda,Maruti Suzuki,Toyota Kirloskar,TVs Suzuki, Kinetic Honda, established names but clearly a 3 decade view to dominate the market.
Thanks for this masterclass! Mukesh has always been one of my fav founders in the startup ecosystem.
Thank you so much Mukesh and Shantanu for such an amazing conversation
legend with legend
Thank you so much Shantanu for doing this, got to learn a lot from Mukesh sir's experience. Keep building, good luck!
Just could not pause ! Saw it in a single sitting. Probably the best podcast episode with an Indian entrepreneur, truly a Masterclass ❤️
One of the best interviews yet. We should have one more session like this in our ELD onsite :-)
Thank you for such long interviews as other channels are mostly timed and many important points are lost or brushed off cause of time constraint.glad to hear such interesting questions and answers aswell.
Brilliant podcast Shantanu. Pls ask Mukesh next time, when he was starting Myntra, how he modeled his mind around initial e-commerce perception that apparel was hard to break into given the hurdles of getting size, fit, color, fabric feel right over a screen based buying experience given he was one of the first ones to tackle that problem. Managing returns, refunds, etc. what worked from an ops perspective and what failed and learnings/insights. Would be great if you can add a post transaction ops/support question to your standard set so we get some customer insights from there. Big thanks for all you do.
Loved the piece around how brands are built overtime and why founders should have longer term view. But how should bootstrapped founders decide whether to persevere or exit in case there are existential constraints. Ok to keep burning in pursuit of the vision? Pls do cover this greater detail in your future podcasts
And btw, Beer and Pizzas sound great, so always up for a shave.
Sir..a honest feedback. If possible, pls incorporate. A lot of people like me want to learn how to start a business and 0-1 story. Acquisitions, culture, funding, and valuation don't make any sense to us, rather not relevant to us. If possible, please address the masses like us. You and your guests are supper great guys. We want to learn from you, please help!
very valid point bro
We need ideas and inspiration to think big. Please continue with such episodes
Agreed
Without deep insight on how to start business.. it doesn't makes sense for majority audience.😊
Great series! Keep them coming!!
Loved the discussion on consumer insights🙌🙌
Very insightful podcast. Loved it. Thank you for sharing! 😍
One of the best podcast... thanks for both... lot of insights and inputs.. Great learning 👍 👌 👏
Amazing,
Thanks Shantanu & Mukesh
The parting lines were really good.
Prepare well before starting
2:45 book: "no limits" - mukesh bansal
3:45 fitness
pressure? 6:17
evaluating market? 8:24
I might be late here but have to tell such incredible insights we are getting in here, did not feel like I am hearing somebody talking for almost 2 hrs ! Thanks shantanu for all the efforts
Insane amount of knowledge gained about building organisations felt very much happy about CULT fitness. Cult is close to my heart and addicted to it I am never since Pre COVID times. Thanks for the podcast
Genuine Content no nonsense Absolutely insightful
Just making mental notes of all the things being spoken in all your podcast is shaping many of them like me - It's almost like shadowing those great minds free of cost - @ Shantanu and all the guests - I wish I could ever thank you all enough - It's more like a Social Entrepreneurship - 🙏
Even if you charge money for this I am willing to pay, this is 24 carat gold!❤
Really Inspiring....
Thankyou for your the existence of your channel 🙏🙏🙏
Amazing! ❤
Amazing conversation. So true, love browsing on Myntra 😂
Great conversation
I am also like him , I really want to be mentored by him
Loved it
I think you deserve millions Subscribers!
Amazing
Very informative videos 👏👏👏
Fantastic masterclass
Mukesh's legs are so flexible, damn😮
Excellent takeaways 10/10
Extremely enriching conversation. Keep making such videos.
See if you could bring Ravi Modi on podcast, Prolly the wealthiest startup founder of india in last 20 years. (Even bigger than zerodha)
I am watching this content for free
It is incredible
great podcast
Shantanu has such a cool 'wow' 😂😂
Amazing insights
Hey Shantanu , would really appreciate if you could do an episode on founders/startup’s from non consulting/Ivy league background . How do they go about funding , getting right talent etc .
GOLD.
Mukesh Bansal 🫡🫡
we wany binny bansal sir
would be delighted if you bring him too
Plz bring kunal shah!!! Many of us want him i guess
1:23:07 - continue from here
Shantanu, i love watching the barber shop content. One Constructive feedback I have, sometimes it is slightly difficult to hear the podcast on laptop/mobile speaker even on full volume. It'll be great if this gets fixed :)
#TheBarbershopWithShantanu
Plz 1more podcast with mukesh sir on current opportunities in india.
Crazy Shantanu, As I've seen your office is in Gurgaon. Is there any possible way where I can work under you, Video Editing is my top skill and next is time efficiency is another, You'll get the videos spot on, I just want to experience these podcasts and your way of thought first hand.
How can a person from tier2, tier3 city whose doing things other than FMCG or mobile apps can access VCs from bangalore n mumbai?
Things like green tech or bio plastics.
Please bring Ashneer grover kunal Shah and nitin kamath it will be an amazing conversation to hear I think.
Shantanu can we have aditya sehgal for this talk .
Myntra is best ....
Dominos pays peanuts to their employees offers them lesser thsn what they earn in present companies
22:17 what did he say that went away ?
sound in ur videos are low not audible with laptop speakers
Have you used any of your product or you are just growing your beard without any reason................just asking
Santanu let me make quick guess next guest on this show is gone be chirag Tanja founder Gokwik
I think we missed a good question..why he named it "Myntra" ...what does it even mean .?
Bhai mere Hindi mein podcast Kara liya karo.though I know English but Hindi ki baat hi alag hai zyada connect hote hai
Bhai India m h to please support HINDI🔥
There are many other regional languages as well in India in addition to Hindi. Better to have a neutral language which is English
One guy who singularly screwed the fitness industry in India .. not a regular Internet rant but fact that Cult has brought every decent health club on its knees with abysmal quality .. I think Cult set back the fitness industry by a decade !!
Its good but majority of us don’t understand English
This is a great series!
Myntra is very bad... I ordered 3 times .. no products delivered to me... No refund... No response from customer care...
.
Kindly focus on improving volume base specifically for your Guests..
Is ko hindi Mei Kar sakti Hai kya
I think the reason cult is not so famous venture is because he is not applying his own rules. “Over wisdom”
Walmart has screwed Myntra bad
He started cult fit. But he looks unhealthy.
Chutiye shaving is like tooth brushing in Bombay
Music itna tej rkho ki avaj na sune bc😢
*Buy a GOOD mic man* 😢😢😢
Can i get his official email plz.. else, i can mail you the videos and pictures of the services by cultfit