Part 1 continues…

Thinking of starting a business? | Derby Vijay Kapoor. (Part-2)

Brand
Follow whatever ways the company's brand reaches out to the public.

He claims to set aside 10% of the company's profits for advertising.

Originally a simple tailor shop, he has transformed into Derby Brand due to customer preference.

He took efforts to popularize his brand and that was the efforts he took to popularize his brand in the early 90's.

That is, when the internet, social media, and technology were not popular.

Profit / Profit
Business means both profit and loss.

He invested the money he earned and branched out to other states as well, but as Derby is popular in Tamil Nadu, it was not successful in other states.

Thus closing all the branches and refunding the money, he lost almost all the money he had earned.

Although his reasons for this are acceptable, it seems that he opened so many branches without thinking about it.

The reason is that when the investment is high, it can be done after analyzing the pros and cons.

Tamil Nadu and business
In the beginning, many people were struggling economically, but due to the lack of investment in Tamil Nadu, it was not possible to start a business.

But now people have improved economically.

In addition, the central government is also showing great interest in the development of self-reliant industries. Offers loans and concessions through banks.

Now many people are showing interest in starting business in India.

Startup companies are also gaining significant success.

Since the number of young people starting businesses in Tamil Nadu is less, people from other states are starting businesses in Tamil Nadu and succeeding.

It is sad that the people of our state do not take advantage of the many opportunities and supportive people.

As mentioned by Vijay Kapoor, 16 hours of hard work is required every day.

Recent events show that our youth are not ready for this.

We hope that this situation will change and Tamil Nadu should also start many companies and create job opportunities.

Vijay Kapoor's speech was not too restrained, but the path passed was very beautiful and inspiring to the listener.

I am happy that the interviewer asked the questions that everyone wanted to ask.

I recommend this interview to everyone who wants to start a business and is already doing business.

This Interview Recommendation is from me.

Thanks for Reading 💓🙂.