How Ritesh Agarwal Built A Billion Dollar Company OYO Rooms at the Age of 19? Figuring Out EP 31
Raj Shamani's Figuring Out
Hindi - April 15, 2022 05:30 - 1 hour - 59.9 MB - ★★★★★ - 1 ratingEntrepreneurship Business Careers raj shamani Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Order my first book 'Build, Don't Talk' here: https://amzn.eu/d/eCfijRu
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In today’s Episode of Figuring out With Raj Shamani, we have the Founder and Group CEO of OYO, Ritesh Agarwal who is India's youngest self-made billionaire.
He started his journey at the age of 19 with a vision of creating a solution for people looking for affordable hotels around the globe. Ritesh always felt that the budget hotels in India didn’t even meet the very basic needs of a budget traveler.
Hence, capitalizing on this opportunity, he started his first venture in 2012 and called it Oravel Stays.
Ritesh Agarwal dropped out of college to follow his dream which later turned out to be OYO.
He is the only Asian resident to have been awarded the Thiel fellowship. For those unfamiliar with the same, the Thiel Fellowship is designed by Peter Thiel who was responsible for founding PayPal.
Ritesh Agarwal’s story is one of perseverance, commitment, and not losing sight of the big picture
In this episode, we have discussed How to build a successful business from scratch, the Success mantra of OYO, the Startup rules of Ritesh Agarwal, and much more.
Watch the complete episode to know the success story of Ritesh Agarwal and how he built a billion-dollar company OYO at the age of 19.
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Link to watch the podcast: https://www.youtube.com/watch?v=B9jZABnvq9A
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Timestamps:
00:00 Introduction
03:38 Dropping out of college?
06:10 The curse of fame
09:00 The unlimited ways to create wealth
14:20 Spending time and money
18:45 Inspiration for your Businesses
23:30 Can India create billionaires?
26:00 Changing female participation in the workspace
28:00 Learning
29:40 Kunal's take on content creation
35:10 Kunal's reason to get into finance/making money?
38:50 Are Credit Cards bad?
41:15 Rapid fire with Kunal
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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.