Boring Business Masterclass: ₹1000 Cr Opportunity | Asish Mohapatra | FO567 Raj Shamani

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Asish Mohapatra, Founder of OfBusiness, on building a profitable unicorn in India's most overlooked industry.

He explains:
◼ How OfBusiness built high revenue, high profit, and fast growth simultaneously in a boring industry
◼ Why he believes the most boring industries hide the biggest business opportunities in India
◼ How to build a 1000 crore business without burning cash
◼ Why almost nobody builds for India's real economy and why that gap is the opportunity
◼ How OfBusiness makes money on every single transaction rather than chasing scale first
◼ Why he says you should make money first and worry about your USP later
◼ How to raise funding from SoftBank's Masayoshi Son and what that conversation actually looked like

Also covered: Asish Mohapatra, OfBusiness

Chapters:
00:00 - Intro
03:37 - How to Build a ₹1,000 Crore Business Without Burning Cash
06:20 - Solving India's Biggest MSME Financing Problem
10:11 - How OfBusiness Makes Money on Every Transaction
15:34 - How the Construction Material Supply Chain Works
21:32 - Why Traders Don't Trust Each Other & How Business Credit Works
42:05 - Should You Start a Business as a Teenager?
59:15 - India's $300 Billion Industrial Chemicals Opportunity
1:09:42 - How to Spot Big Business Opportunities in Any Industry
1:19:36 - Why Trust Is Everything in Business
1:24:35 - How to Handle Costly Mistakes in Business
1:46:20 - How to Pitch Your Business Idea to Investors
1:49:52 - How to Identify a Great Business Executor
1:53:14 - How to Fire Employees the Right Way
1:54:18 - Why He Doesn't Believe in Work-Life Balance
1:57:45 - How to Build a High-Performance Company Culture
2:06:25 - The 3-Step Framework for Building a Strong Work Culture
2:17:09 - Why Entrepreneurs Need a High Pain Tolerance
2:24:42 - Why Great Salespeople Are Great Listeners
2:29:57 - Debt vs Equity: Which Is Better for Your Business?
2:37:33 - How He Raised Money From SoftBank's Masayoshi Son
2:48:04 - How to Use Capital Efficiently to Grow a Business
3:01:39 - What It's Like to Build Unicorn Startups With Your Partner
3:09:50 - 3 Industries He Would Never Invest In
3:13:10 - Common Ways Entrepreneurs Get Screwed in Business
3:19:43 - The Cost of Building a Billion-Dollar Business
3:21:47 - Behind the Scenes

Follow Asish Mohapatra Here:
Linkedin: https://www.linkedin.com/in/asish-mohapatra-3aab70318/

If you liked this, watch next:
▸ Billionaire Asish Mohapatra On Building A PROFITABLE Business From Day 1 | FO 64 - Raj Shamani → https://www.youtube.com/watch?v=xV5hpZRJtSY
▸ Business Masterclass: SECRET To Build Profitable Company In India | Masters Union → https://www.youtube.com/watch?v=mrBUlkbnJcg
▸ Building a ₹1000 Cr Brand: What Every Startup Must Know | Shiv Shivakumar → https://www.youtube.com/watch?v=nrVyl0awWsw

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About Raj Shamani
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Disclaimer: This video is intended solely for educational purposes and the opinions shared by the guest are his/her personal views. We do not intend to defame or harm any person, brand, product, country or profession mentioned in the video. Our goal is to provide information to help the audience make informed choices. The media used in this video is solely for informational purposes and belongs to its respective owners.

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