Why the Current Indian Startup Ecosystem is a SCAM | Rajiv Talreja ft. @rajshamani

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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.
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[thomsondcruz]

This guy is absolutely right. Startups are loss making enterprises and founders are just playing the valuation game

[rishabhsharma]

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.💫

[shivamannan]

Superb. He is exposing the real truth about startups. 👌

[abhilashmahakul]

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.

[rahulallan]

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.

[DineshSharma-umbu]

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

[sagar.patrakar]

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. 🔥

[vinay]

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.

[manavkumar]

Agree, Mama Earth valuation of 1000 of crores with a profit of just few crores is a prime example of this.

[shikshan-prashikshan]

Truly said Sir, we have to celebrate and talk about India based traditional entrepreneurs and MSME, their experiences and challenges

[nikitaagrawal]

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!

[rohanv]

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?

[naeaf]

You verbalized what most ppl are thinking. Except the grocery part. These ppl avoid taxes and pay pathetically. FYI, I am Sindhi too.

[gauravk.kumar]

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.

[Varunpillaii]

This is true discussion - Welcoming more for healthy Market - Healthy players and true value for consumers

[tusharwankhede]

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

[abhishekpanja]

You touched the right chord Rajiv! Just Love your perspective!

[thebetterinsight]

Rajiv Sir, want to know more on this. Your speech, facts, and ideas, simply enlightening 🙏

[fightforhumanity]

RESPECT
Hopefully this video reaches out to more and more. Thank you for speaking what's actually going on.

[scottmartin]

Been a fan of Rajiv and it's bold and clear approach to towards business.. everything he said in the video is truth.