Whether it is the daughter of a patriarch who's now running the operations in full swing or an existing leader, who stepped to build his own identity. Every year, when our team goes out to interview these new faces to showcase you each, our aim is to draw the learning they have had in their growth journey as an entrepreneur. Family businesses constitute more than 70% of India's annual GDP, which makes a great case study to learn about business growth in the era when the startup space is having a shaky time. Family enterprises, which constitute nearly 85% of India's corporate landscape have played a vital role in the country's economic advancement. The aim was to learn many such business lessons from those who have done it across generations.
Breaking Barriers
PRITI A SUREKA
DIRECTOR, EMAMI GROUP
In the midst of the 1970s, two friends R. S. Agarwal and R. S. Goenka decided to disrupt a market, where other companies had deep pockets. Their grit and toil led them to establish the Emami Group. Differentiate or die, innovate or perish, had been their motto from the beginning..."My father, RS Agarwal, founder & joint chairman, Emami Group is a role model for me. He believed that spotting business opportunities and capitalizing on it, is the key to success. He believed either innovate or die. Emami has stood tall on these principles for almost 50 years now," said Priti A Sureka, director, Emami Group.
Rooting from a patriarchal Marwari family, it was an achievement for Priti to be the first and only woman to enter the family business, "Being appointed as a director on the Board was perhaps the highest point of my career. It was not only a recognition of my professional achievements and credentials, but also an inclusive step taken by the organization."
هذه القصة مأخوذة من طبعة September 2023 من Entrepreneur magazine.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة September 2023 من Entrepreneur magazine.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Chords of Success
For Saahil Goel, the deep-rooted passion for playing the guitar dates back to his high school days. Influenced by legends like Pink Floyd, Led Zeppelin, and the Pakistani band Strings, his musical journey mirrors his leadership style-balancing focus, discipline, and a collaborative spirit. Goel feels that playing guitar has enhanced his ability to balance focus and teamwork as a founder of an eCommerce shipping start-up.
IS YOUR RENT TOO DAMN HIGH?
Many small business owners struggle with their rents. Here's what to do.
HOW TO BOUNCE BACK FROM A BAD REVIEW
A one-star review can hurt your ego - and your business. But it's possible to prevent (and remedy!) this scary scenario.
HOW TO HIRE FOR THE FUTURE
Small businesses are struggling to find quality labor. So flip the conversation: Show workers how your business will set them up for opportunity.
You Can Hire Like Netflix
The streaming platform built an incredible team with a strategy called “talent density.” But you don’t need to be a tech giant to do it.
Speedy Growth Killed My Startup
We seemed to be rocking it - lots of press, major partnerships. Then we learned the harsh consequences of overlooking our customers.
Three Pivots to $100 Million
How do you find a working business model? Do it like Rowan-a brand that reinvented itself many times before finally piercing the ear-piercing market.
What Goals Actually Matter?
Some benchmarks are more important than others so what should you really care about? We asked six founders for their hardest-won lessons.
'Only the Strongest Are Going to Survive'
Brian Lee cofounded companies like LegalZoom and ShoeDazzle-and he believes a lot of conventional business wisdom is backward. Sure, it's harder to raise capital. But it's actually cheaper than ever to start a company.
HOW TRUST SAVED KFC
The former CEO of Yum! Brands explains how he turned around a struggling KFC-and the important lesson it offers for anyone in franchising.
