Watch THIS Before You Begin Your Start-up Journey In India | Mukesh Bansal | Full Episode

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00:00:00 A tease of what’s to come!
00:01:17 Intro
00:02:07 Travelling and imbalance of life
00:06:17 Pressures from exiting behemoths
00:11:16 Going from insight to business
00:13:37 Experienced founder vs first-time founder
00:14:25 Achieving PMF by fracturing ribs
00:16:50 Initial days of building
00:20:15 0-1 journey post-acquisition
00:26:29 Dealing with acquisitions
00:31:19 Merging cultures of acquisitions
00:34:57 Dealing with Covid shutdowns
00:45:25 Solving operations is a HUGE task!
00:51:58 Shantanu’s insights on shaving
00:57:44 Entrepreneurship through listening to consumers
01:02:46 How did the Tata conversation happen?
01:10:07 Coming back to India in 2007
01:14:19 Initial idea behind Myntra
01:17:41 Figuring out PMF for Myntra
01:19:46 Growth of phones in India from 2011
01:21:16 How to build a team, and attract talent
01:24:46 Obsession with product
01:28:00 Driving mentorship from seniors
01:30:17 How did Myntra get acquired by Flipkart?
01:34:57 Mukesh’s personal journey in transitioning
01:36:19 Does Mukesh have sleepless nights?
01:37:46 Toughest time as an entrepreneur
01:43:37 Building iconic companies
01:47:45 Takeaway for today’s entrepreneurs
01:52:37 Is this the golden generation of entrepreneurs?
01:55:09 Mukesh’s advice to the viewers
01:58:14 Concluding thoughts
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ABOUT OUR CHANNEL

My name is Shantanu and I am the founder of Bombay Shaving Company and Bombae.
I LOVE entrepreneurship. Personally, I would rate myself as an average (at best) entrepreneur, but I love great ones.

The BarberShop with Shantanu S2: Raiser’s Edge goes beyond our conversations from S1 on our podcast to tangible help.

With the help of our sponsors at BSC and Bombae we have put together a season which brings together a corpus of 50+ equity seekers looking to support 20+ start-ups in their growth and success.

We will be releasing an episode every Friday at 9 pm. Tune in and hope you enjoy. :)
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[indibarbhattacharya]

Your channel is better than any Institution teaching MBA ... A huge learning experience happening...

[rohithkunchamwar]

This is some absolutely insane insight for anybody who’s starting out a company. Picking up topics which are like close to anybody starting a new business. Bringing out topics about why they thought to do so in certain situations, its extremely informative for people who are just starting. Loved it!!

[rohitinfosys]

Value unlocking after a decade was such a eye opener. I hope and wish that early startup employees too realise that.

[ChiragMakhija]

Love to hear the inside story of an entrepreneur's journey. A start-up's PMF is the most difficult chasm to cross, and multiple failures before it really takes off. Extremely valuable conversation !

[letdemuzikplay]

This is nothing less than a startup and consumer insight masterclass !!!

[ankitkhunteta]

Sir..a honest feedback. If possible, pls incorporate. A lot of people like me want to learn how to start a business and 0-1 story. Acquisitions, culture, funding, and valuation don't make any sense to us, rather not relevant to us. If possible, please address the masses like us. You and your guests are supper great guys. We want to learn from you, please help!

[interesting]

Just could not pause ! Saw it in a single sitting. Probably the best podcast episode with an Indian entrepreneur, truly a Masterclass ❤️

[rahulnair]

Brilliant podcast Shantanu. Pls ask Mukesh next time, when he was starting Myntra, how he modeled his mind around initial e-commerce perception that apparel was hard to break into given the hurdles of getting size, fit, color, fabric feel right over a screen based buying experience given he was one of the first ones to tackle that problem. Managing returns, refunds, etc. what worked from an ops perspective and what failed and learnings/insights. Would be great if you can add a post transaction ops/support question to your standard set so we get some customer insights from there. Big thanks for all you do.

[mvvnmurty]

Genuine Content no nonsense Absolutely insightful

[dhumankumar]

Thanks for this masterclass! Mukesh has always been one of my fav founders in the startup ecosystem.

[shyamsatish]

Amazing and insightful.
The Japanese companies enter India by initially tying up with a local partner, understanding the market and a few decades down, they are on their own or are majority shareholders
Eg Hero Honda, Maruti Suzuki, Toyota Kirloskar, TVs Suzuki, Kinetic Honda, established names but clearly a 3 decade view to dominate the market.

[saravanajun]

I might be late here but have to tell such incredible insights we are getting in here, did not feel like I am hearing somebody talking for almost 2 hrs ! Thanks shantanu for all the efforts

[bostonlights]

The parting lines were really good.
Prepare well before starting

[DhatuOrganicsNaturals]

Thank you for such long interviews as other channels are mostly timed and many important points are lost or brushed off cause of time constraint.glad to hear such interesting questions and answers aswell.

[karankaushal]

Loved the piece around how brands are built overtime and why founders should have longer term view. But how should bootstrapped founders decide whether to persevere or exit in case there are existential constraints. Ok to keep burning in pursuit of the vision? Pls do cover this greater detail in your future podcasts

And btw, Beer and Pizzas sound great, so always up for a shave.

[vishwasdubey]

Thank you so much Shantanu for doing this, got to learn a lot from Mukesh sir's experience. Keep building, good luck!

[Pgbfsaurabh]

Thankyou for your the existence of your channel 🙏🙏🙏

[akshitagupta]

Thank you so much Mukesh and Shantanu for such an amazing conversation

[thesidd]

Amazing,
Thanks Shantanu & Mukesh

[adamya]

Loved the discussion on consumer insights🙌🙌