Why the Current Indian Startup Ecosystem is a SCAM | Rajiv Talreja ft.
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- Опубліковано 17 січ 2023
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About Me: I am Rajiv Talreja, an Investor, Serial Entrepreneur, TedX Speaker, and a Business Coach. I went on a learning journey in 2012, and through my learnings and experiences am on a mission to help small and medium business owners grow their businesses.
I have impacted the lives of more than 500,000 people over the last decade through my Training programs & built an exclusive Community of 1500+ entrepreneurs who we handhold as business coaches via 1-to-1 Coaching.
Follow me on Instagram and Facebook at @rajivtalreja, where I post engaging content on business!
You can also follow me on LinkedIn and subscribe to my channel to get more insightful content on business and more!
Grab a copy of my Amazon bestselling title Lead or Bleed on how entrepreneurs can scientifically grow their business: amzn.to/3RZ7mD7
If you're an entrepreneur/Businessman, NEVER do these 7 Mistakes: ua-cam.com/video/el99DQQpWuQ/v-deo.html
Will you invest in e waste Rajiv ?
Well said
Rajiv Talreja is himself now involved in a scam
This guy is absolutely right. Startups are loss making enterprises and founders are just playing the valuation game
This whole scenario is actually creating a bad image and if this isn't stopped soon
There will be a time when foreign investors won't invest on Indian businesses anymore
@@neeladrikarmakar7985 that's the truth. Anything that is based on lies won't sustain
@@Akshay_p_kumar you're being too kind, this is not just lies
This is daylight robbery lol
Bruh this how the startup ecosystem is built and running in the US since DAY-1. How do you think Google reached the current stage it is in today? Everything is built on gambling companies and seeing which one sticks. Get used to the reality.
@@user-ml6jb8hr4i Google and other US startup companies have built some of the best technology. What have these Indian startups built? Can you tell me a single patent they have filed? They have only bloated their valuations.
What he says about street businesses is so true,In these times our generation just gets overwhelmed by whatever is sold to us on social media,real business is on the streets,so so true.💫
Bruh this how the startup ecosystem is built and running in the US since DAY-1. How do you think Google reached the current stage it is in today? Everything is built on gambling companies and seeing which one sticks. Get used to the reality.
Local business are facing tough competition from
D Mart and other offline corporate operated chain of outlets,online like Amazon, Flipkart, Pharma online
They reached even tier 2 cities,and even villagers are buying online ,
Inspite of these issues local business are continuing,and even number of business are also growing
but local market me top 0.1% bande hi weekly 50 lac ka net gain ghar le jaa paate honge
Msmes need to be celebrated... They are the real backbone of India's entrepreneurship boom. And yes they are churning out real value creation at an unfathomable level.
Bruh this how the startup ecosystem is built and running in the US since DAY-1. How do you think Google reached the current stage it is in today? Everything is built on gambling companies and seeing which one sticks. Get used to the reality.
Yes sure
Superb. He is exposing the real truth about startups. 👌
Agree, Mama Earth valuation of 1000 of crores with a profit of just few crores is a prime example of this.
Ise bolte hain 'mamu bana diya'
mama earth is not a startup. its nothing new, just copy of old products with new packages. this does not reflect real startup.
Their products are also not that worth they have only invested lots of money in advertisements and marketing that's it
This is incredible
I work for a startup and this is apt in every sense.
I hope many businesses run bootstrapped and provide value over the years.
Rajiv spoke my heart. Completely.
Most of the so called entrepreneurs are just on twitters doing gyaanbaazi. I mean if they are here to make business, then they are expected to be in office and work in actual. I've seen many entrepreneurs who are engaged on Twitter for the entire day. Falana dhamka is done by them. Startup startup is a fancy thing today. Generation is getting spoiled by following the trend of getting dropout and go for start-up. It's a SCAM. Rajiv is absolutely true. 🔥
Value addition, is the most appropriate comment made by Rajiv. There is an interesting definition of "Business entity" in the accounting standards of India. It's a Profit making and a continuous entity. I have not seen many start-ups talking about on how to make profits except some X number of users being added and forget about continuity as both founders and investors are always thinking of selling or "exiting" with X returns from day1. And the worst part is, many of start-ups are not even solving real problems in the society
You are absolutely right
Bruh this how the startup ecosystem is built and running in the US since DAY-1. How do you think Google reached the current stage it is in today? Everything is built on gambling companies and seeing which one sticks. Get used to the reality.
@@user-ml6jb8hr4i Google is profitable..at least in some businesses and the founders still continuing to foster it..or even if they exit they have already done profitable business
Now which part you didn't understand in argument..my problem is startup that get in only for valuation purposes only
guys again ur mixing bania model with startups... 😂 this is not how it works. most startups dont do business....
You verbalized what most ppl are thinking. Except the grocery part. These ppl avoid taxes and pay pathetically. FYI, I am Sindhi too.
True about taxes, but they still spend most of their money in the Indian economy, instead of taking all profits to another country.
Finally someone talking sense I never understood companies celebrated for burning money and have 50x or 100x valuation. i would rather give a kirianawala money than a startup guy.
Kiranawala doesn't want your money. He's making enough and investing in real estate and passive income. 😀
Truly said Sir, we have to celebrate and talk about India based traditional entrepreneurs and MSME, their experiences and challenges
I was a corporate banker funding sme , midcorp, large corporate for a leading public sector bank. I left my job and choose conventional business which is almost bootstrapped rather than working on a vague business idea standing tall only on funding rounds.
Your words are an exact replica of my thoughts I had 7-8 yrs back.
Bhai koi small aur micro enterprises ko fund karne kyun interested nahi hai..
I cater to Mumbai's real estate industry as a vendor... 7-8 yrs main market slow down, note bandi ( very bad for development of projects), GST implementation, DP 2034 confusion, coronavirus, product substitution etc. sab dekh le khada hu...
Conventional businesses have strong foundations but takes time to grow unlike start ups.
P&L main profit dikhne ki khushi tum kya jaano start up walo... Loss leke aaye the loss karke jaayenge.
Anyways joke apart, how should I connect with u?
Insightful feedback
Seriously, truly gem in the 7 minutes of video that you will never able to know in other startup business' videos. He is talking about the real situation in India. The thing is that we are trying to imitate and building our Indian startups like they do in USA and UK and although those things work for few businesses but Indian market, customers and Indian startup ecosystem is completely different from whatever we see on UK, USA and on social media.
Very well put. I am a very strong believer of traditional business (job and value creation) over valuation business and this is something I always tell my husband may burst at some point of time!
We loud OYO , flipkart , byju etc all these startups combined losses are 2 billion us dollars in just two financial quarter so he is right . we see this figure of 10 billion valuation which is on paper , no real value produced
You forgot Zomato
Rajiv Sir, want to know more on this. Your speech, facts, and ideas, simply enlightening 🙏
Value Creation and Valuation -
1. What we understand it is without Tax Liabillities in case of 50,00,000 in each week.
2. I agree with Non Glamerous Manufacturing MSME sector
This is true discussion - Welcoming more for healthy Market - Healthy players and true value for consumers
You touched the right chord Rajiv! Just Love your perspective!
Bruh this how the startup ecosystem is built and running in the US since DAY-1. How do you think Google reached the current stage it is in today? Everything is built on gambling companies and seeing which one sticks. Get used to the reality.
Rajiv - It's time for people like you and me to come forward and educate youth and people also create a platform for real profit makers
He's damn right!!
So called startups like "mba chai wala" & shit r ruining the startup ecosystem nd it's true meaning!!!!!!!
I think they are not start us they are just franchise business
@@theintrovertedextrovert1744 Yes
Been a fan of Rajiv and it's bold and clear approach to towards business.. everything he said in the video is truth.
Absolutely agree. Basics of business is net profits.
Bruh this how the startup ecosystem is built and running in the US since DAY-1. How do you think Google reached the current stage it is in today? Everything is built on gambling companies and seeing which one sticks. Get used to the reality.
Hats off Sir... Wt an explanation... Need more such informative videos to know d truth...
Well said. At least he is courageous to express his personal views and is speaking Truth 🙏
Wow. I had a gut feeling, a strong sense of the exact words being spoken here and finally someone said it. Speaking & hearing the raw truth is not everyones cup of tea. Its not about condemning a belief system but rather bringing a new perspective to light which people are completely oblivious to.
This is absolutely true. Entrepreneurs are not solving real problems but rather focused on fund raising. And boy if you criticize them publicly! They’ll lynch you and call you all kinds of names.
I love how Raj Shamani’s face loses colour at 1:33 😂😂. He knows he is the part of the circus! Rajiv Talreja is a MSME hero. I have heard so many small scale businessmen who listen to him and scale accordingly and my father is one of them.
Real eye-opener. But I was confused as to who the host is!
This man just spoke the truth man. There are so many college students right now who want to startup and just get funding. They dont focus on the business side of this. Its just a fund raising game which becomes a pump and dump.
RESPECT
Hopefully this video reaches out to more and more. Thank you for speaking what's actually going on.
Mr. Rajiv is spot-on here. I always wonder how come people in small cities are building businesses with millions while these startups are losing millions. I understand the promise of a future return but for a future return to come, the basis has to be value. IPOs regulations need to addressed. Don’t allow a company making losses to issue IPO.
This is video Sir...this video really connected us with you....then our transformation journey started after that from November.... thankyou thankyou for saying this truth....it is the fact that is happening.
Well said and Nicely ellaborated abt the startup's.....
Definitely the real talk! Lobbying is the new start-up. 😎
I am currently building my company "Anjaniputra Games". I am from middle class, my college tell me to enter in their incubation as startup but after spending some days there I feel the same ki yhe sab farzi wada hai. They just play game to show valuation but inner side nothing.
So i decided to be the solo one to build my empire by my own. Nhi chahiye yhe ghatiya circle
i watched this full interview at raj shamani channel. i love it
Value creation exercise ~ circus of valuation …. That was GOLD.
Precisely the case.
Very well said sir. Today we have become a population of blind "followers" on social media. Badi badi baatein sun ke inn so called entrepreneurs ki sabko Aisa lagta hai ki profit ho ya na ho.. next investor zaroor milna chahiye .. truly said "start up circus "
Rajiv, you are amazing 👏 man. 1st time I am hearing truth in India.
Love him for his brutally honest opinions.
Loved the clarity given in this , hats off
Wow! Your principles truly resonate deeply.
True Gem , eye opener, enjoyed every word 🌟
I am not sure about his knowledge but that’s how any startup ecosystem in any country started. Billionaire who is investing is not an idiot.
Even though in shark tank, they talk about only valuation or not something like profits or revenue, rarely heard on that show.
i follow ur videos sir.. love the honesty in talks..
Such and Honest Review. How startups have Ruined the common mans life.
You earned a subscriber, Rajiv ...so true! The "Valuation" game is a Scam!
Absolutely true... Unfortunately selling equity, not the product has been the key of success..
very correct not from argument perspective....but from a Indian conservative people business models ....this start up thing which started like a revolution but there is no proper shock absorbers to take shock of loss....very great video.
You spoke young entrepreneurs heart 🙏💜
Completely agree with what he said also it's ok of the startup is making loss initially provided their vision on breakeven and how they are going to scale.
this is what my marwadi family has always thought me profit is basic of dhanda my father lol when he watch news startup burning cash
What a podcast ,.... Just loved it
So bloody right! Valuation has become the mission statement
Precise and direct analysis so do called Startup ecosystem in India, 👍👍
100% right. Rajiv ji U R True Genius and a guide for Indian entrepreneurs
Perfect analysis!
True and great talk of start up culture
Is this a dream?
He is the guy who is uttering sheer truth.
Woah!
Finally someone is exposing this bubble 🙂
I feel the ideology giving back has been the reason for the mess. It all started when Gpay started paying back for transactions to gain users. Now, most of the startups that run on internet (app) is doing same and to reach that level they are going for funding raising valuation. how come a 22 cr profit company can have 20k valuation. senseless
Exactly True.. This startup thing has become soo big and false too that Once they receive money next day the same company will vanish out. This needs to be changed. The Valuation Strategy should be changed and Evaluated very vigorously..
quite the eye-opener!!!
Who came here after Noida Startup sumit scam promoted by Raj Shamani. 🤣🤣
😭🤣
Throughout the video I was thinking about Cred, Paytm, CEO's and founders of Shark tank, etc.,
Ek ye Sindhi hai India ka ... Dil khosh kar diya ... Ek Pakistan ke Sindhi hai hadharam ... Pore sindh KO barbad kar ke rakha howa hai ...
Good to find a sane man who can see through the charade
Very well said , hard reality
Bang on.. Loved everything what you said.
Blunt and straight forward...great guy...liked him.
Don't mind calling Loss making Startups absolute loss are called
"The Leaky Wallet"
"The Money Pit"
"The Bottomless Bucket"
"The Cash Drain"
"The Bankruptcy Bistro"
"The Deficit Diner"
"The Losing Lottery"
"The Negative Nest Egg"
"The Red Ink Restaurant"
"The Failed Fortune
Absolutely bang on .
I still think startup could still work as outsourced R&D for big companies. However, valuation rule doesn't function well in efficient financial market too.
Its not only Indian Startup ecosystem, its everywhere... There are many startups that are profitable everywhere and there are many startups burning money everywhere...
True words "today startup is valuation game"
Zerodha is a great example
Include Zoho in this list
First time I found these vid podcast interesting.instead of mysterious gigantic monsters in sea or mountains he spoke out truth at roots level that everyone is aware and not speaking out loudly enough. Tax evasion , fundraising and frauds that are happening.
Thank you so much for telling the Reality
Real talk.. back and white picture of "fake" start ups!
perfect👌
500 crore jalanewala hero
and 50 lakh kamane wala zero
well said!!
Exactly that’s why people are going bootstrapped , let the time take its own course. Start small and give about 5 years . Don’t try to go for funding . Work on small ideas and then scale.
Well said lipika
I truly agree with what this guy MSMEs are real heroes...
Superb 👍✌️
Very honest commentary i have listened to thanks Rajiv
Well said.
Activa is the most important vehicle in MSME and i mean it 😅
100% true MSMEs contributions is mammoth but least recognised
Just check business cycle of each start ups. Fundamentaly every strat up is an organization that need to build up ...build up everything which is not visible...
MsMe can create more jobs than strat ups
Superlike, daring talk, roaring like a Lion.
Thanks Guru ❤️ this why I call you Guru. 🤗🇮🇳
Finally some sane voices...
It is great, some one have some courage to express the reality.
so true!
You are absolutely right ✅
Points are Valid!
Sir! Your contents are being very useful for me!
But I'm from Sri Lanka and I don't know a single word in Hindi except for the phrase "kuchu kuchu hoothahae" (I don't even know what it means btw) LOL!😅
So next time when you make videos, please try to avoid Hindi (language) as much as possible OR you can just simply consider adding a subtitle to those particular tracks which are in Hindi :)
Great fan of your works and really appreciate all your efforts!