Journey from Footpath to Billionaire – Prem Ganapathy CEO Dosa plaza

0

Prem Ganapathy was stranded at the Bandra station when the person accompanying him left him and ran away. Prem had no local acquaintances or knowledge of the language.

Out of pity, a fellow Tamilian guided him to a temple and appealed worshipers to contribute money for his return ticket to Chennai.

Prem refused to go back and decided to work in Mumbai and started cleaning utensils in a restaurant. He appealed to his owner, to let him become a waiter as he was class 10 pass. The owner refused, because of regional politics and Prem bided his time till a neighborhooddosa restaurant opened and offered him a job from a dishwasher to a tea boy.

Prem became a huge hit with the customers because of his excellent customer service, initiatives, and relationship and brought business Rs. 1000 daily which was almost 3 times as compared to other tea boys. Life was good.

A customer made him an offer. He was planning to open a tea shop in Vashi in Mumbai. He wanted Prem to be his 50 – 50 partner where the owner would invest the money while Prem would run the shop. The shop started doing brisk business when the owner became greedy.

It hurt him to share 50 % of the profit with Prem and he threw Prem out replacing him with an employee.

Prem was made of different material and he was never going to be defeated. He took a small loan from his uncle and with his brother, opened his own tea stall. Unfortunately, the neighborhood residents objected. He then started a hand cart but that also did not work out.

Prem-Ganapathy-12

He found a spot and set up a south Indian stall. He did not know a thing about dosas and idli but learned by observation, trial, and error. The dosa stall was a huge hit and flourished during the 5 years from 1992-1997. But why was the tiny dosa stall was so successful in spite of competition from ubiquitous eateries prevalent in Mumbai? According to Prem, it was its hygiene, proper appearances of the waiters and fresh ingredients which stood out as a difference.

He saved a couple of lakhs of Rupees and instead of heading home he took the biggest risk of his life and opened a new shop near Vashi station and named it Dosa Plaza. His Chinese plaza next to the Dosa Plaza flopped miserably and was shut down in 3 months.

Undaunted, Prem realized some lessons from it. He applied those lessons in making Chinese cuisine in his dosas which worked very well.

He got passionate and invented a variety of dosas with Chinese style like American Chopsuey, SchezwanDosa, Paneer chilly, Spring roll dosa, etc. The 108 types of Dosas in his menu gets him a lot of publicity.

A chance encounter with a customer who was part of the team setting up a food court in a mall in New Bombay advised him to take a stall at the food court and again Prem was ready and willing to grow and expand. His vision was to grow by better offerings and better customer service. He also went to ad agencies to create the brand identity including the logo, brands, menu card, waiters dress etc.

Dosa Plaza currently has 26 outlets and 5 of them are company-owned. It has 150 employees and a turnover of 5 crores. All the branches are connected and networked and there are training managers and proper manuals to maintain standard and uniform products and services.

Merit is the only criteria; all the employees regardless of the caste or region are treated equally. They are loyal and have grown with the company. The original team of cooks which was the part of the first Dosa venture is still with Prem. Currently, he is also getting inquiries from the US and Europe for franchisees.

16 month ‘WhiteHat JR’ startup sold for $300million | KARAN BAJAJ

0

16 month ‘WhiteHat JR’ startup sold for $300million
– KARAN BAJAJ

FROM SELLING SCRAP (KABADI) TO BUILDING RS 20,000 CRORE EMPIRE

0

In the dusty streets of Patna, a 15-year-old boy had no option but to drop out from school and help his father with scrap dealing business. The story of his success is one-of-its-kinds and is as interesting as any Bollywood movie may look. He is one of the very few living men, who have literally started from scrap and reached to his stature, all by himself

His story of making it to the list of heavy weight businessmen is truly inspirational.

After working with his father and collecting scrap for 4 years, Anil moved to Mumbai where he started working as a scrap dealer and began melting metals. His income started to go upwards and he began saving some money doing this. He worked his way up and then turned towards Tuticorin in Tamil Nadu and established India’s first copper smelter here.

In 1976, Anil gave a new turn to his career after he set up Vedanta Resources. He saw a need to set up his business abroad and opened the headquarters of Vedanta Resources in Britain’s capital London.

The company extended its operations in dealing of copper, aluminum, zinc, lead and iron ore and now operates from Zambia, South Africa, Australia, Ireland and many other countries.

In 2003, it became the first company to get listed in the primary list of London Stock Exchange. The progress did not stop there and in 2007, it was on the New York Stock Exchange, too. In the year 2012, Anil Agrawal was featured in the Forbes list of of rich people and bagged 314th position with wealth worth $3.5 billion.

Anil Agarwal has seen poverty and suffered its pain from very close quarters. In 2014, he pledged 75% of his wealth to be donated to the poor and needy. If you calculate it in Indian rupee, it comes to a huge Rs 21,000 crore, which the maximum donated by any Indian.

It does read like an unbelievable story but Anil Agarwal has shown the world that no feat is far enough. He rose above from poverty, became a successful businessman and built an empire many would never have imagined.

With Rs 7000 She Created Empire Worth Rs 100 Crore

0

Would you make grocery bags?” jeered her father when he saw Nina Lekhi immersed in work, sitting in the core of a heap of bag-making materials. This would possibly additionally choose for to have been ample for a 18-year-old to smash down into tears and take up some problem which met the approval of his father. But may additionally choose to there be any such idea? After all she used to be the first female in the family who questioning of working.

“I didn’t comprehend what had passed off because I was used to being a good student in class, being the head girl, always being the teacher’s fantastic student, and unexpectedly this entire component came upon me that I’ve failed. It was for me as if I’d failed in life.”

Nina solely knew one issue and that used to be growing stuff that she would herself choose to buy. She noticed t-shirt with slogans and personality but no person was promoting luggage with a statement in India. Nina says it took place all by incident and she had never thought her work will develop at such a fast speed. Thanks to the assist and encouragement from her mother, Nina started out making bags with a capital of just Rs 7,000. She offered fabrics and different material and hired a tailor to sew them together.

She commenced showing her baggage at shops where they sold like warm cakes. This brought on Nina to take her merchandise significantly and she started exploring eco-friendly, vegan material for her bags. Baggit was born out non-cruelty and used faux leather and upto 85% recyclable material which has made them a big favored amongst the animal-loving fraternity.

Having her honest share of difficulties, she misplaced more than 100% money invested in the first store that she opened.

Fast forward 25 years, Baggit is now promoting at more than 1,000 shops across the u . s . a . and unlike different manufacturers it is definitely manufactured in India. The commercial enterprise which she began with only Rs 7,000 has come to be a manufacturer really worth over Rs a hundred crore.

Looking back, now Nina realizes failing in college virtually pushed her closer to her destiny and opening of Baggit. Besides being a successful entrepreneur, she additionally balances her private life wonderfully believing that girls are excellent at multi-tasking.

Nina_lekhi_01

A meditation-lover, Nina is full of life and a huge believer in inner voice, intuition and never letting go what you love doing. She commenced her experience at a time when now not many dared to dream of making a mark for themselves but persistence and believing in her advent has bought Baggit a long way. Wish her greater success and may additionally be hold inspiring many extra people.