From Poverty to 3300 crores. How Dr.Velumani built Thyrocare? | Dr Velumani |IBP Episode 3

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VIDEO INTRODUCTION:
Dr Velumani is the founder of Thyrocare, the leading chain of diagnostic and preventive care laboratories in India. He developed an affordable model for thyroid testing, making it accessible to India's underprivileged population. Today his company is worth 32.8 billion rupees!
Here is an in depth conversation with this legend!

Timestamps:
0:00 Trailer
1:10 Introduction of Dr Velumani
3:15 Social Media Sensation
4:01 Secrets of Success
4:23 Role of his mother
8:10 Growing up poor
9:58 Are all rich people happy?
11:02 How do you have a positive mindset to poverty?
15:10 Leadership crashcourse
16:28 Why do marriages fail?
17:06 Lessons from my Mother
19:53 Tamil Nadu CM Kamaraj changed my life with the Midday Meal Scheme
25:08 How to be a Great Student
30:10 My First Job
32:34 Getting into BARC
35:48 Challenges of Hindi
41:42 Meeting my blind boss
45:14 Thyroid treatment is done with a Nuclear isotope
46:50 Working 16 hours a day at a government job
49:19 Why did you decide to become an entrepreneur?
51:20 What my wife said when I left my stable job
52:04 The OG 'Atmanirbhar' movement for Thyroid Reagents
54:48 Beating my competition
55:57 What went wrong for my competitors
57:58 Partnering with MNC Siemens
59:20 Manual vs automated Testing
1:01:51 Success Strategy through a franchise model
1:04:40 Hub and Spoke model - single lab for a billion people
1:08:05 Scaling to 25 centres
1:09:30 Understanding the Industry
1:11:07 Difference between Pathology and Radiology?
1:12:08 Why did you choose Pathology and thyroid testing?
1:14:45 What are the sub-segments of microbiology?
1:18:54 Competitors were doing 3500 tests, why was Thyrocare doing only 200?
1:22:00 Power of Focus
1:24:07 Bold Journey into Private Equity
1:30:12 How do you keep investors happy?
1:31:22 Drawing zero salary from Day 1
1:33:48 Reaching a valuation of 1200 crores
1:35:13 Going IPO, Journey to 3300 crores
1:39:27 My Romeo-Juliet Story
1:52:22 Importance of spouse's support in an entrepreneurial journey
1:55:19 How to choose the best spouse
1:57:35 Features of a great entrepreneur

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[DrElango]

My story is similar to Dr Velumani. I was able to continue my school education only because of noon-meal scheme in a school started by K. Kamaraj. Currently, I am working in USA as a researcher.

[megharaj]

"TN is number 2 because of seeds sown by Kamarajar, not because of CMs that came after that" finally someone said it🔥👏

[lavishjain]

Pls include time stamps
It helps the viewer to have a structure and so we can be aware which section do we want to watch or spend the time on rather than randomly diving into 2hr long podcast ❤

[MrTechMusicGuy]

My eye's teared 😢 by hearing the STRUGGLE of Hon' Dr. A. Velumani... a real admirer of such success stories which GenZ will never understand and will never walk a path with thorns on it....

[nithinkumarnp]

During covid I got a job of remote role which was offering me just 25k today I earn almost 50k in same job but completely remote, today I got an offer of 16lpa but on site but I rejected that I need to relocate for that to Bengaluru city. During covid I learnt one thing that good health and happier life is more important. Today we have three cattles two cows and one buffalo we put daily ten litres of milk to dairy and we are spending the same profit for household budget my entire salary I started saving. Now we started searching for a girl but most of them are rejecting me bcs I’m in village and less salary but note it soon in ten years people will come back to village life I’m so happy bcs of covid I explored the world of remote job and its meaning. Today even if I loose job I know how to survive in agriculture and this what my grandfather and my father did for generations to survive.

[TheKrish]

Glad that someone remembered the great man Shri Kamaraj. He died with 128 Rs in his bank account at the time he died. He was the then Chief Minister

[sivakumarsundarrajan]

Ganesh finally i heard your Tamil “ yaaru sir antha nalu Peru “ ❤❤❤

[gvrsastry]

வேலுமணி சார் வணக்கம் நான் ஆந்திரப் பிரதேஷ் குண்டூர் தெலுங்கு எனக்கு தமிழ் நல்லா தெலுங்கு நான் இன்னைக்கு தான் உங்கள் வீடியோ பார்த்தேன் நான் எழுதுற தமிழ் தப்பா இருந்தால் மன்னிக்க வேண்டும் ஆனா நம்ம தமிழ்நாடு மக்கள் நிறைய பேர் பார்த்திருக்கிறார்கள் எல்லாருமே இங்கிலீஷ் மெசேஜ் போட்டிருக்கிறார்கள் என்னோட மெசேஜ் பார்த்து ஒரு ரிப்ளை குடுங்க ப்ளீஸ் நான் ஒரு ரெட்டர்ட் ஆர்மி எனக்கு தமிழ் மலையாளம் கனடா ஹிந்தி லாங்குவேஜ் தெரியும் உங்க ஸ்பீச் எனக்கு நல்லா புடிச்சிருக்கு வணக்கம் சார் ஒரு ரிப்ளை டெய்லி நான் உள்ள வீடியோ பார்த்த பிறகு தான் தூங்குவேன் வணக்கம் தலைவா

[nalinverma]

I have been on the internet since the age of 10, I am 21 now and never have I watched such a powerful video. His story fills me with inspiration more than any influencer or public speaker has been able to. Thank you Think School for this video, I truly appreciate it.

[Satya_Sanatan_Dharma_Hindutva]

I hold frenchise of Thyrocare since 2015 still haven't moved to any other laboratory, also met him personally i still remember his 1 punchline
सर से एक लंबा बाल तोड़ो उसका Nord बनके बड़े पहाड़ पेंडालो आया तो पहाड़ गया तो सिर्फ बाल|
Love you sir you given job to every fresher without asking experience and English Language.
Additionally given Business opportunity for free to sell tests of thyrocare.

He can still make another 1000 cr company from scratch.

[shamanthkr]

The only thing I learnt here
No Risk No story !!!.
Thanku so much Ganesh sir for the podcast ❤

[Surajbansal]

Generally I don't get inspire from anyone, but He is my

[talentday]

Its astonishing that he said no one knows Kamaraj! Shows how our school system has failed us

[digitaldeepak]

"yaaru sir antha nalu per" - This was the best part of the podcast. Need more of this :)

[akashvinod]

0:00. Oh two hours 🥱🥱🥱
2:00:00 its over 🥹🥹🥹🫡🫡🫡

Man sit next to Sir Dr APJ abdul kalam at all....😍😍😍😍

[andrewpaito]

I’m Andrew Paito from Kampala Uganda. Thank you for this electric show. I have surely been inspired.

[joyalbaby]

No book in the whole world can give a lesson like this. Such a wise man. Thank you think school for this amazing podcast. For those who criticize his English. He is more literate than 99 percent of English talking white collar idiots

[nasanakotakrishnachari]

Hi bro
This is Krishna
You spoken about your real-estate friend RAJESH in this podcast, who is living in a leakage roof to a multi-millioner. Could you please make a IBP With him.

Its very useful to those who are wanted to be an entrepreneur in real-estate industry like me.

Thankyou,
You content is very awesome,
It inspairs us a lot.
I hope your next podcast will be about the real-estate. ❤😊

[ajinkyakotkar]

This is the only podcast where i have not distracted by advertisement which were coming in between... Thank you sir thank you for sharing all this❤

[maulikrshah]

This man has changed my mindset and it's really life changer..🎉🎉🎉❤