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.
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.
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.
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.