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BYJU's Ex-CEO REVEALING Rise, Fall & Future of the BYJU COMPANY Podcast #byjuCEOhindipodcast #byjus
In today's video, we're talking with Byju's ex-CEO and VC. We discuss all the myths, scams, employee frauds, and overspending on marketing issues related to Byju's.
Arjun Mohan shares how Byju's transformed from offline teaching to becoming a giant in the online ed-tech business. He covers every aspect that's gone viral on social media and provides behind-the-scenes answers.
We'll also reveal the expenses related to celebrities like Messi and Shahrukh Khan and what kind of sales outcomes were expected from these investments. Arjun explains where things started to go wrong and the various challenges Byju's faced to reach its current state.
Byju never hired any external employees for strong decision-making; they only relied on family. Arjun discusses the impact of this approach.
After a 5-year journey as CEO and VC at BYJU’s, Arjun decided to leave. He talks about the situations or conditions that led him to leave his successful teaching career and position.
Many such BYJU’s revelations will be made in the full video. To watch more videos like this, stay connected and get notified by subscribing to our channel.
Time Stamps:
00:00 - Intro
02:13 - College journey of Byju (VC & CEO)
03:05 - How Arjun Mohan met Byju Raveendran?
03:56 - How Byju Raveendran found his early employees?
06:07 - Byju's Started Online in 2010?
08:43 - Time taken to build an online learning platform
09:13 - Byju's first successful investor
09:46 - Job opportunities at Byju's
11:47 - Marketing budget advice
12:13 - Field sales
15:17 - EMI-based courses
16:04 - Byju's TV ads for huge sales
18:23 - Byju's Marketing ideas that led to huge sales
19:16 - Best solutions and marketing from customers
20:28 - Nature of Byju's founder Byju Raveendran
21:17 - Job of a CEO
22:04 - Future of education in India
25:55 - How AI can drive sales without spending
26:28 - Challenges faced by Byju's founder
26:52 - Roles and responsibilities of a CEO
28:03 - Partial CEO role
29:16 - Byju's acquisitions
29:50 - Reason for Byju's acquisitions
30:13 - Education system in India
33:53 - Byju's son helped with the WhiteHat Jr. acquisition
34:45 - How Byju decides on acquisitions
35:38 - Overspending and its failures
37:48 - Byju's biggest spending mistake
38:44 - Time required for global business expansion
41:33 - Risks of poor leadership
42:15 - Why Tata has great leaders
44:00 - Arjun Mohan UpGrad's journey
47:27 - Why Indian parents spend heavily on education
51:10 - Lionel Messi
55:09 - Student scams
58:28 - CEO's bandwidth importance
1:05:26 - Where Byju failed
1:06:30 - Importance of timely decisions
1:07:19 - Governance came post Byju and Paytm failures
1:08:38 - Long-term goals for success
1:09:31 - Why entrepreneurs should delegate
1:12:40 - Hiring only from IIM
1:13:56 - CEO's skill set
1:15:04 - Ad with Shah Rukh Khan
1:15:59 - Brand ambassador SRK
1:16:30 - Impact of SRK's ad on sales
1:17:24 - SRK made Byju’s famous nationwide
1:17:53 - Byju’s offline classes
1:18:50 - Challenges of online education
1:19:28 - EdTech companies going offline
1:20:45 - Byju’s in 21 countries
1:23:48 - Unlimited growth potential
1:25:00 - Byju's comeback
1:27:11 - Hiring journey
1:27:54 - Current liabilities
1:28:16 - CEO's salary
1:28:49 - Indian startup ecosystem
1:29:33 - Starting an EdTech company
1:30:43 - Special insights
1:31:29 - Customer Refund issues
1:32:10 - Balancing fatherhood and being a CEO
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Socials:
Arjun Moha Social's:
Linkedin: / arjunmohans
Arjun's Book link:
www.amazon.in/...
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Abhishek Vyas Social's:
LinkedIn: / abhishek-vyas-myhaulstore
Instagram: / abhishekvyas2020
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#business #startup #idea #entrepreneur #goals #motivation #BYJUS #MessiXBYJUS #BYJUSEducationforall #edtecheducation #educationsystem #LongTermSuccess #byjus #hindibusinesspodcast