Order 'Build, Don't Talk' (in English) here: https://amzn.eu/d/eCfijRu Order 'Build Don't Talk' (in Hindi) here: https://amzn.eu/d/4wZISO0 --------------- Smell good, feel confident. Use my code Raj10 to get additional 10% off all Blanko perfumes: https://hi.switchy.io/BlankoxRaj -------------- Subscribe To Our Other YouTube Channels:- null null ----------------- Today we have one of the most successful businessmen in India. We have Kishore Biyani in conversation with Raj Shamani. He had a net worth of $1.78 billion. He is the founder of some of our most loved brands Pantaloon and Big Bazaar. In today’s episode, we will dive deep into Kishore Biyani’s stories, ideas, and observations that led to such successful businesses. We talked about the young days that shaped him into such a brilliant person. The habits we can inculcate to become exceptionally great at what we do. He shares an interesting story and breakdown of how he started Pantaloon and Big Bazaar. He talks about how to spot new trends, and how to include them and scale the business. We talked about different brand-building strategies used while building a brand for different consumer segments. Towards the end, he also shared which cities in India fascinate him and the reasons behind them. He explains the difference between how the Indian market and consumption pattern has changed over the years. I also asked him two things that he would change if he had a chance to start everything from scratch and his answer was quite different from what I expected. This episode was one of those episodes where I was constantly surprised by the detailed observations he was sharing about business, market, and consumer behaviour. If you are a budding entrepreneur then this episode will give you a new perspective to look at business. If you enjoyed this episode, don’t forget to subscribe to our channel and comment down below which entrepreneur would you like to see next on Figuring Out. ---------- 🎧 Stream Figuring Out episodes on Spotify: https://open.spotify.com/show/736rhmW7vilNgkFFo8aDz4 📺 Watch Figuring Out episodes on YouTube:    • Figuring Out With Raj Shamani   --------------- My gear for shooting this video: Canon EOS 200D II 24.1MP DSLR Camera: https://amzn.to/3GuiPFK Canon EF50MM F/1.8 STM Lens: https://amzn.to/3WZOSoi Canon EF-S 18-55mm f/3.5-5.6: https://amzn.to/3ZpKBMy Yunteng Aluminium Tripod (Vct-690, Black): https://amzn.to/3ItEzV0 Zoom H6 All Black (2020 Version): https://amzn.to/3irUCIf Shure SM7B Cardioid Vocal Dynamic Microphone: https://amzn.to/3GPimiM Shure MV7 USB Podcast Microphone: https://amzn.to/3Xjy63d GODOX SL150II 150W LED Video Light: https://amzn.to/3XeN0aL ------------------ Timestamps: 00:00 - Intro 02:41 - Kishore Biyani’s journey 03:58 - His first 2 books 05:01 - Why is understanding design important? 06:16 - How he made Pantaloons? 08:01 - How he started Big Bazaar? 10:04 - Tips & tricks of supermarket 13:09 - Indian vs US customers 15:16 - Genius insights of Big Bazaar 18:05 - What went wrong with Big Bazaar? 21:58 - Why DMart won in India? 23:40 - Brand building in India 26:10 - Soap brand in India 27:21 - Psychology of Indian customers 29:56 - Biggest change in India 34:17 - US is not the right role model for India? 35:58 - Which cities are best for business? 43:23 - Which city is not good for business? 44:33 - Mumbai Vs Delhi 45:59 - What would he change in his journey? 47:19 - Religion as a market in India 48:52 - Problem of getting funds for business 51:39 - You don’t need to work so much 52:47 - Conclusion --------- About Raj Shamani Raj Shamani is an Entrepreneur at heart that explains his expertise in Business Content Creation & Public Speaking. He has delivered 200+ speeches in 26+ countries. Besides that, Raj is also an Angel Investor interested in crazy minds who are creating a sensation in the Fintech, FMCG, & passion economy space. To Know More, Follow Raj Shamani On ⤵︎ Instagram @RajShamani https://www.instagram.com/rajshamani/ Twitter @RajShamani https://twitter.com/rajshamani Facebook @ShamaniRaj https://www.facebook.com/shamaniraj LinkedIn - Raj Shamani https://www.linkedin.com/in/rajshamani/ • • • #Podcast #FiguringOut #RajShamani About Figuring Out Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.