All this LinkedIn talk about spending 25 Lakhs for an MBA vs startup is so pathetic

First, most people who do an MBA don't have 25 lakhs to spend. Most take a loan

Banks easily give a loan for an MBA. Try asking them money for a startup

You will be chased out before Lunch Time
Second, MBA offers a minimum guarantee of a Good to a decent Job. Even if you pass out from a Tier 2 institute. The probability is close to 80%, you will walk out with a salary.

If you start up, the probability of you failing is 90%.
And in India all this gyaan about learning team building, execution and motivation are as useless as a snow maker in Anatartica.

In India nobody hires a straight out of college, failed startup founder, unless that Guy is from IIT.
So all you linked In influencers take your gyaan and go to your Goldilock planet present in the Andromeda Galaxy where you came from.

Because you clearly don't live on this planet.

(If you have 25 lakhs to spend on a startup, better put them in RIL shares and enjoy returns)

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More from @thekaipullai

7 Jan
Unpopular Opinion: No matter what you do in India, you can never uproot the traditional distribution networks in India, especially in FMCG. Any company which overlooks them and favours Udaan, Jiomart etc etc, is shooting themselves in the foot
No single company can cover the entire length and breadth of this country. TN alone has more than 1 Lakh retailers, of different sizes and values. You can homogenize all of them.

Traditional distribution does two very important things
1. Bulk Breaking
2. Giving Credit
And they can do that because of the area they serve. They know the credit worthiness of a retail outlet. They have familial or historical ties with them. Not only do they know how to give credit, but also how to get the money back.

And they can deliver 5 pieces of a product.
Read 6 tweets
6 Jan
Basic Economics dictates that if you have a product available at a particular price, the same product if given a value add, should cost more

Most of the time, this holds true

Except Sugar Cane Juice in Mumbai

The one with Ice, costs 20 bucks. The one without ice, costs 25
It's because most if the shops, put a block of ice right below the Juice extractor. So by default, the juice is with the ice.

If you want it without ice, he has to make one specially for you.

That effort to custom make the juice for you costs you 5 bucks.
Sometime, Value addition, can actually be Value subtraction.
Read 4 tweets
25 Dec 21
Apparently the initial batch of Ola Scooters are having lots of issues. Which was kind of expected, going by how the whole launch went.

And the founder says, it will happen as we were creating global scale in 11 months.

Point is, who asked you to do it in 11 months?
Do it in 16 months, but do it well.

None of us are In a tearing hurry. And this a product on which lives are dependant. So hurry is the last thing we want

And in this hurry if you launch a product that doesn't work? Did you think of the implications?
You will give a serious blow to an entire industry that is about to take off.

It will take a lot of time for people to start trusting EVs again.

And we need to keep hearing Rahul Bajaj and his sanctimonious takes on EV scooters.
Read 4 tweets
21 Dec 21
In 1996, there was a company that came into being called Webvan, which promised deliveries in 30 minutes.

They raised more than $400 million and were valued at $4 billion at their peak in 2000.

In 2001 they shut down

This was for 30 minutes. What will happen for 10 minutes?
Every startup owner today has to paste the Thirukkural, "Yaakavarayinum Naakaka Kaavakal Sogappar sollirku pattu" in the most prominent location at their office

Particularly when you are living in the Internet age where nobody forgets anything and your statement will come back
Some guys, thanks to the new found frenzy and thanks to the US Fed going mad in printing dollars, think they are Gods gift to mankind and are taking potshots at profitable companies and industries, that have existed for a long time.

Only time will tell who will win.
Read 4 tweets
21 Dec 21
I think the most famous verse from the Bhagwad Geeta, at least in India is Chapter 2, Verse 47, where most people say, "Do your duty and forget about the result".

The thing is, it's not actually its true meaning. The verse doesn't mean you forget about the result.
The true meaning of the verse is that you should detach yourself from the result.

Because, it is the attachment to result that causes all problems.

If you get too attached, when you work hard and fail, then you get into depression, sadness and anger.

Which is very sad
Because that affects all your further actions.

You life becomes a cycle stand where one thing falls over another, and then suddenly your entire life is gone.

OTOH, if you work hard and succeed, and if you are too attached. You get excited. You become egoistic.
Read 6 tweets
1 Dec 21
USA was the only country that was materially unaffected by the first world war.

The entire youth population of UK and France was gone. Germany was bankrupt. And Russia was busy with a revolution.

So all of them turned to US for their economic needs.
Hence US was well on its way to becoming a Industrial and Economic Super power.

Then the Second World War happened.

The entire world turned against Nazi Germany and Japan.

And US was the Arsenal that supplied the world.
And when Pearl Harbour happened, USA for the first time was directly attacked.

Never before in the history of the world, did we see an industrial mobilization at this scale.

US made more tanks, weapons, ships and vehicles than rest of the world, put together.
Read 10 tweets

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