What happened when Deepinder Goyal, founder and CEO of Zomato, met Umesh Madhu Agarwal, director of Haldiram? In this conversation, we discussed the differences between traditional family-run businesses and modern online food delivery platforms. Worlds merged and a series of unique experiences and insights were gained.
Driven by passion
Agarwal emphasizes passion above all else. According to him, “Passion should be the driving force behind any business endeavor. If you are genuinely passionate about your chosen field, success will be more attainable.” It emphasizes the importance of connecting pursuits with your interests and passions. This way, if you are motivated by a true love for the industry and your job, the experience will be more fulfilling and doable.
courage to face difficulties
As an established entrepreneur, Agrawal recognizes that the entrepreneurial journey is full of challenges. However, he points out that it is important to have the courage to face and overcome these obstacles. Mr. Agarwal's advice is consistent with the fact that failures are inevitable in business processes. Long-term success requires the ability to meet challenges head-on and navigate uncertainty.
Based on family support
Agarwal values having a supportive family. He considers his family's support to be a blessing and an important factor in an entrepreneur's perseverance and determination. He goes on to say, “With a reliable support system, individuals can't stop pursuing their business goals.” Building a strong support system both emotionally and professionally can help entrepreneurs overcome challenges and stay focused on their goals.
Active participation and practical experience
Using a metaphor, Agarwal likened learning to swim to an entrepreneurial journey, saying it involves jumping into a pool. This metaphor emphasizes the importance of active participation and hands-on experience when learning and growing in the business world. This is sound advice for aspiring entrepreneurs, encouraging them to give their all to what they do and embrace learning along the way.
A word to budding entrepreneurs
His advice to aspiring entrepreneurs is to embrace challenges, take risks, and actively participate in the learning process through hands-on experience. He's right. “True learning comes from immersion.”
Umesh Madhu Agarwal's advice, based on personal experience, is a practical guide for aspiring entrepreneurs, offering a roadmap that combines passion, courage, family support, and active participation to help you start your own business. We guarantee a successful home and a fulfilling journey.