From Poverty to 3300 crores. How Dr.Velumani built Thyrocare? | Dr Velumani |IBP Episode 3

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VIDEO INTRODUCTION:
Dr Velumani is the founder of Thyrocare, the leading chain of diagnostic and preventive care laboratories in India. He developed an affordable model for thyroid testing, making it accessible to India's underprivileged population. Today his company is worth 32.8 billion rupees!
Here is an in depth conversation with this legend!
Timestamps:
0:00 Trailer
1:10 Introduction of Dr Velumani
3:15 Social Media Sensation
4:01 Secrets of Success
4:23 Role of his mother
8:10 Growing up poor
9:58 Are all rich people happy?
11:02 How do you have a positive mindset to poverty?
15:10 Leadership crashcourse
16:28 Why do marriages fail?
17:06 Lessons from my Mother
19:53 Tamil Nadu CM Kamaraj changed my life with the Midday Meal Scheme
25:08 How to be a Great Student
30:10 My First Job
32:34 Getting into BARC
35:48 Challenges of Hindi
41:42 Meeting my blind boss
45:14 Thyroid treatment is done with a Nuclear isotope
46:50 Working 16 hours a day at a government job
49:19 Why did you decide to become an entrepreneur?
51:20 What my wife said when I left my stable job
52:04 The OG 'Atmanirbhar' movement for Thyroid Reagents
54:48 Beating my competition
55:57 What went wrong for my competitors
57:58 Partnering with MNC Siemens
59:20 Manual vs automated Testing
1:01:51 Success Strategy through a franchise model
1:04:40 Hub and Spoke model - single lab for a billion people
1:08:05 Scaling to 25 centres
1:09:30 Understanding the Industry
1:11:07 Difference between Pathology and Radiology?
1:12:08 Why did you choose Pathology and thyroid testing?
1:14:45 What are the sub-segments of microbiology?
1:18:54 Competitors were doing 3500 tests, why was Thyrocare doing only 200?
1:22:00 Power of Focus
1:24:07 Bold Journey into Private Equity
1:30:12 How do you keep investors happy?
1:31:22 Drawing zero salary from Day 1
1:33:48 Reaching a valuation of 1200 crores
1:35:13 Going IPO, Journey to 3300 crores
1:39:27 My Romeo-Juliet Story
1:52:22 Importance of spouse's support in an entrepreneurial journey
1:55:19 How to choose the best spouse
1:57:35 Features of a great entrepreneur
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[@lavishjain0605]

Pls include time stamps It helps the viewer to have a structure and so we can be aware which section do we want to watch or spend the time on rather than randomly diving into 2hr long podcast ❤

[@gomzitoocool]

I’m holding myself back from commenting to your post

[@agi9916]

​@@gomzitoocoolguess wt you failed🗣️🗣️

[@bhaveshkhilare]

Think school please take this Comment seriously, podcast is too long this one helps

[@agi9916]

@@bhaveshkhilare dude there are timestamps

[@Buzzle420]

🤦‍♂️law d a

[@megharaj4989]

"TN is number 2 because of seeds sown by Kamarajar, not because of CMs that came after that" finally someone said it🔥👏

[@imayatube]

I wonder how many will agree with that statement. No doubt Kamarajar did well as CM, but without relentless focus on Industrialization, Education, Healthcare and Development that other CMs adopted, TN wouldn't have been where it is now.

[@RajVideocast]

​@@imayatube For the plant to grow, the seeds have to be sown first, the fruits of the seeds lead to evolution and growth. Other CMs reaped the reward since they had the talent pool to support the industrialization. Let's say the father set up an industry and his son next came to scale up the production and revenues. Dr. Velumani is saying Mr. Kamraj created the platform to build on top and grow. That's the right perspective.

[@megharaj4989]

@@imayatube others had no option but to follow through. What he did in 60s resulted in educated population in the 80s and 90s and they demanded welfare.

[@SnehaSingh-qw2id]

And J Sai Deepak said Annamalai as Kamaraj 2.0

[@gokuls9062]

@@SnehaSingh-qw2id he blenders nonsense

[@nithinkumarnp1488]

During covid I got a job of remote role which was offering me just 25k today I earn almost 50k in same job but completely remote, today I got an offer of 16lpa but on site but I rejected that I need to relocate for that to Bengaluru city. During covid I learnt one thing that good health and happier life is more important. Today we have three cattles two cows and one buffalo we put daily ten litres of milk to dairy and we are spending the same profit for household budget my entire salary I started saving. Now we started searching for a girl but most of them are rejecting me bcs I’m in village and less salary but note it soon in ten years people will come back to village life I’m so happy bcs of covid I explored the world of remote job and its meaning. Today even if I loose job I know how to survive in agriculture and this what my grandfather and my father did for generations to survive.

[@chitragiridhar6222]

Very good 👌

[@heerthirajah1661]

Kudoos to you bruh 🎉🎉

[@kumarvijay8865]

U r living the real life

[@heerthirajah1661]

@@kumarvijay8865 exactly 💯

[@listen-with-me]

Bro please don't try to get married and spoil your happiness

[@sivakumarsundarrajan7203]

Ganesh finally i heard your Tamil “ yaaru sir antha nalu Peru “ ❤❤❤

[@zero-doc]

Where?

[@suhanirastogi4303]

17:32

[@jagatheshs4566]

@@suhanirastogi4303 ganeshku tamil theriyuma?

[@funnyworld2436]

His hometown chennai although he grew up in mumbai​@@jagatheshs4566

[@gokuls9062]

​@@jagatheshs4566he's tamil who grew up in Pune

[@TheKrish1972]

Glad that someone remembered the great man Shri Kamaraj. He died with 128 Rs in his bank account at the time he died. He was the then Chief Minister

[@abhinavagarwal3755]

exactly... i being a UP guy who dont like INC... after reading about him in 2017, I admire him most. he was uneducated but he ensured that no one else around him would be the same

[@Daniel-li2ut]

True words

[@NerdCentral_]

@@abhinavagarwal3755why UP people don’t like INC

[@shreyassharma3194]

@@NerdCentral_ We trusted them earlier but then like Shri Kamaraj was passionate about the prospects of his state......we never found anything except shallow promises from the Congress........That is why after 90s we have only stuck to SP/BSP/BJP........all three parties have state grown leaders......Nobody takes non-sense from Delhi...........in the same spirit.....everyone feels UP is poor this that all that B.S..........But as someone from UP.......we can't cry our state has these problems........we have to work hard to be better.........in that attempt after Akhilesh Yadav's Yamuna Expressway.......SP started it and many others are being launched by BJP...........There is a development spree so that future generations can lead a better life.........CONGRESS ONLY PROMISES AND NEVER DELIVERS and local Congress Leaders have always been SLAVES OF 10 JANPATH DELHI.........SP AND BJP both are rivals but both are good........atleast they build Highways and Colleges.

[@NerdCentral_]

@@shreyassharma3194 Is the present yogi government better or worser than the previous government. Are the law and order better now or all we hearing some pr gimmicks

[@Surajbansal909]

Generally I don't get inspire from anyone, but He is my inspiration......

[@MrTechMusicGuy]

My eye's teared 😢 by hearing the STRUGGLE of Hon' Dr. A. Velumani... a real admirer of such success stories which GenZ will never understand and will never walk a path with thorns on it....

[@andrewpaito6191]

I’m Andrew Paito from Kampala Uganda. Thank you for this electric show. I have surely been inspired.

[@adelabuidris6292]

Hi brother, from Nigeria Can I ask a question Do Ugandans eat lentils and chickpeas

[@joyalbaby9833]

No book in the whole world can give a lesson like this. Such a wise man. Thank you think school for this amazing podcast. For those who criticize his English. He is more literate than 99 percent of English talking white collar idiots

[@abhiram6087]

So true....

[@vipashapmehta]

💯

[@delwyndsouza8387]

Fluency in English language is no marker for literacy especially when English is not your mother tongue or main language. Many Indians can speak or understand or write in more than 1 language and this is something even an average English man or American cannot do. Many English people living in UK can't even speak English properly and I say this having lived in UK for many years. So get off the bias and ill informed biases u r on

[@chitragiridhar6222]

I totally agree.

[@akashvinod5272]

0:00. Oh two hours 🥱🥱🥱 2:00:00 its over 🥹🥹🥹🫡🫡🫡 Man sit next to Sir Dr APJ abdul kalam at all....😍😍😍😍

[@talentday1972]

Its astonishing that he said no one knows Kamaraj! Shows how our school system has failed us

[@EternalDestination.]

This podcast has less punchlines and more detailing true story..

[@nalinverma1622]

I have been on the internet since the age of 10, I am 21 now and never have I watched such a powerful video. His story fills me with inspiration more than any influencer or public speaker has been able to. Thank you Think School for this video, I truly appreciate it.

[@sathyamanikanta2784]

13.50 Positive mindset 🚫 State Of GRATITUDE ✅✅

[@nasanakotakrishnachari1826]

Hi bro This is Krishna You spoken about your real-estate friend RAJESH in this podcast , who is living in a leakage roof to a multi-millioner. Could you please make a IBP With him. Its very useful to those who are wanted to be an entrepreneur in real-estate industry like me. Thankyou, You content is very awesome, It inspairs us a lot. I hope your next podcast will be about the real-estate. ❤😊

[@LearnVeterinary]

My story is similar to Dr Velumani. I was able to continue my school education only because of noon-meal scheme in a school started by K. Kamaraj. Currently, I am working in USA as a researcher.

[@digitaldeepak21]

"yaaru sir antha nalu per" - This was the best part of the podcast. Need more of this :)

[@HariKrishna-lk5wx]

Time stamp pls??

[@dakshbhavsar4762]

this was the same realisation i got during my vipassana discourse that luxury is not that you are living your life with full of resources luxury is something how simple life you can make without overloading the resources

[@sathyamanikanta2784]

You have a long way Ganesh bro... I still remember a year ago You were manifesting and planning to do the Business Podcast with Velumani Sir and ask him about HOW he cracked and mastered the logistics in Thyrocare And I also Thank Velumani for bringing ThyroCare...for saving us the money in my Parents Blood tests especially for Thyroid tests.

[@anupamdubey64]

Listening to Dr.Velumani is like listening to late Dr.A P J Abdul Kalam ...

[@kashni]

Dr Velumani is really an inspiration to everyone .. esp. the ones who hit on failures every step.. he is really one who lived to chase his troubles and got thrill in the same

[@helankachu]

Tamil has many good films.. y no one found this as the best script..

[@srinivasau.v1295]

Thank you Mr.Ganesh for getting such a high calibre Guests to podcast. Dr. Velumani sir, hats off to you for sharing such valuable lessons of life.

[@archanakacharya]

He is such an honest man and so proud of his journey and he should be.

[@ajinkyakotkar1992]

This is the only podcast where i have not distracted by advertisement which were coming in between... Thank you sir thank you for sharing all this❤

[@udaykumar-ex4lc]

Sir Dr. Velummani, is a truly inspiring Man, honestly didn't give myself any chance to skip for even a second.

[@kaustubhdalvi9715]

Pure bliss, watched this full 2 hours episode. Actually way way better than reels !!

[@pratikjoshi9836]

The amount of authenticity and honesty he has!❤️🌻🔥

[@TejasAcharyaa]

After watching the entire podcast, i can conclude that Velumani sir's life timeline aligned magically favouring him because he was willing to do anything to escape poverty and establish his name into the history. Whatever the language he speaks I'll still listen to him without a single distraction, gaining wisdoms from this legendary icon is worth a billion ❤ Thank you sir.

[@user-ek7fe1mz4n]

I watched this entire podcast without once looking at the time-a testament to its engaging and beautiful content. Kudos to you, Ganesh, for consistently enhancing our productivity and keeping us captivated. Your efforts are truly appreciated!

[@Jinesh_Patel7]

One of the best podcasts I've ever come across in my life.. Dr. Velumani, I must say, so humble personality.... Kudos to team Think School ✨

[@avnas05]

This man is amazing.. each word out from him is lovable..

[@prashanthpotter7393]

Wow....! What a Man Dr. Velumani Sir is... This is the best Podcast I have ever Listened to. In fact I never watched the watch until he said and I'm quoting " I'm a man who can keep audience engaged for an hour or two without they watching the watch"

[@achintyakarn]

I have watched and listened to many podcasts, but this one was special on all the terms, be it the struggles of our lives, relationships, or businesses! Everything is in one place; thanks for the episode Think School.

[@tuhinhalder810]

This is not just a podcast but pure wisdom. All rounded episode on the chapter called LIFE. Thank you @ThinkSchool

[@dilipkumar-ku5jx]

Hardwork + consistent + discipline + specific knowledge + focus + luck= dr velumani

[@milindpednekar-wh2fz]

We really need people like Dr.Veluswami in today's time..

[@RohithKumar-vf9mx]

This is what true hardwork, belief and focus bring to a man. Amazing! Its was very engaging and inspiring that even i didnt watch the clock. Wow!!

[@iammathews6]

His English may not me that strong, but his story and life experience is so so strong. ❤❤

[@thakurharshwardhan]

First time ever I've watched a podcast in one go that too of two hours. What an amazing journey, very insightful. Thanks for this Ganesh!!

[@lifechangingquotes9937]

I'm a big fan of this man . I also watched his podcast on Raj shamnani channel. Sir velumani ur a inspiration for young generation.

[@vanshdesai9814]

Just amazing. For straight two hours with every minute passing and his words and thoughts were making me stunned, every thought of him opening a new perspective to look at things in my mind. Thank you Ganesh sir for bringing such a great man at your podcast. Loved it!!!

[@gutsandglory7507]

Either you do everything in one geography or you do one thing in every geography. I love this.

[@bishalkumarshaw6597]

Great Podcast! Thanks "Think School" for all the Learnings. Dr. Velumani is truly inspirational!❤

[@srigiriraj9334]

I Wish the podcast never ended. Saying from my heart. Just loved it. This is a 💎. I normally never comment. Brilliant Work .

[@adityazirkande5300]

What a fantastic podcast brother. I also didn't see the watch while watching the podcast. Brilliant choice of yours to bring this kind of man to INDIAN BUSINESS PODCAST.

[@aryanmehta5811]

Indian business podcast is the next big thing❤️❤️ it's just so so so good and relevant

[@ronakd3176]

thankyou ganesh bhaiya for bringing such great personalities on our podcast !

[@suwathikumarasamy3606]

One of the best interviews I have ever seen. This just remains us to have our faith, hpoe and belief always higher than the insecurities... ❤

[@chezhiyana1563]

Wow, nice to hear Tamil from u Ganesh ❤

[@yashbrijwasi8785]

God bless you think school.. you are doing Gods work. You are meant for this.. keep going..

[@nithin.architect]

You were rich from the very beginning sir. Rich with life…full of life inside…Everything else was a game for you and you enjoyed it to the fullest too with a wonderful co-player !

[@Satya_Sanatan_Dharma_Hindutva]

I hold frenchise of Thyrocare since 2015 still haven't moved to any other laboratory, also met him personally i still remember his 1 punchline सर से एक लंबा बाल तोड़ो उसका Nord बनके बड़े पहाड़ पेंडालो आया तो पहाड़ गया तो सिर्फ बाल| Love you sir you given job to every fresher without asking experience and English Language. Additionally given Business opportunity for free to sell tests of thyrocare. He can still make another 1000 cr company from scratch.

[@ramnathviswanath]

Long time ago , perhaps around 2015 only , I remember on of my BrahmaKumar friends who had returned back from usa , introduced to Thyrocare , and he was holding a franchise . It was somewhere in Sion , Mumbai ???

[@gopalakrishnagk7979]

I ignore this video because of 2 hours when I saw some shorts of this interview I start watching this

[@maulikrshah79]

This man has changed my mindset and it's really life changer..🎉🎉🎉❤

[@sathyamanikanta2784]

1.55.10 Summary 😢😢 Family is everything

[@Mr.SatyaYT]

Seriously..best educational and informative podcast ever 🔥🔥 thanks to both of you

[@nevisraj3845]

First time I’m commenting on yt. Your words are pinnacle of success. Thanks for your public appearances, you are adding a great value in MY LIFE. Your legacy will remain as knowledge to us. LiveLong sir.

[@nicklala3980]

What a guy! Real deal. Deserves all the respect from everyone and anyone.

[@the_curious_tunafish]

This man is real inspiration and it bring tears hearing such a story. Thanks for this podcast brother ❤

[@VkThummanapally]

Ganesh Bhaiya, this is the best podcast I watched in 2024. Thank you so much for bringing this man to the show, Dr. Velumani Sir is extremely inspiring personality..🙌

[@rachittrikha]

One of the best podcast I have ever seen.... thanks to bring him on your show...❤

[@krosswaysolutions3589]

This Wisdom shared by him is priceless

[@ChinnaChinnaAasai90skids]

Wow. Wanted to know the technicality in his achievement. Got it through this interview. Very much informative on how one should know A to Z in a business. it's like you are not doing business, you are actually researching it. Well done. Good job.

[@PRAKSHI_RAWAT_LIFESTYLE]

PLEASE BRING YOUR BUSINESS CASE STUDIES VIDEO BACK... THEY ARE REALLY HELPFUL 😢❤

[@narayananp1607]

Ganesh I watched the entire podcast with curiousness on what questions you are going to ask! Amazingly Dr Velumani was also so great & humble to honour your all questions. I loved the way you kept on asking on the first equity partner & value & next equity partner and the value. Tons of Learning!

[@shamanthkr3802]

The only thing I learnt here No Risk No story !!!. Thanku so much Ganesh sir for the podcast ❤

[@bipashamukherjee1351]

Wonderful content Think School. Mr Velumani Sir is so comfortable and comic in explaining his hardships and success, it got me tears and joy to know what he has accomplished so far. Thankyou for bringing him at your bench. Also hats off to you Sir Velumani for being an icon to us.

[@dragonlordship]

so proud of this man made to our village from Sulur area where i grew up. I can correlate this to my life as grandchildren of farmer in same area plucking cotton when we were on summer holidays , studies in Panchayat union school , our grandparents trade cotton to buy things like clothes for Festival and at times they buy gold when the cotton yields so good on some years every other food we are grow by our own land such as this person came from his journey and creating such a conglomerate is incredible❤❤. I also agree that person like poor take positive approach about poverty is special gift but only when you make yourself success

[@Sudalaiyandik-qn2py]

It's very inspired. His school days memory were recollects my school days memory.

[@padte_swapnil]

❤ Excellent Job 👏🏽 Well prepared interview. I listened to Dr. Velumani at length for the 1st time. Unique life lessons

[@dinbarful]

Very accomplished person. Thanks for hosting him ❤

[@sanchaytuteja7619]

Great podcast, it was very inspiring. the way you go to depth in business talks is the main USP of these podcasts. Hoping for new podcast to come soon

[@darshanghuge9158]

Such a wise and thrill monger man 🫡🫡 What a podcast !!!!! Think School just levelling up with the podcasts

[@HarshaKunchamvenkataram]

Man, this was much needed. Very well crafted podcast

[@udaykesarla7806]

Thank you Dr. Velumani garu for sharing your experience with life & wisdom. Thank you Mr. Ganesh for bringing such a good podcast.

[@BhanuYadav-wg2rs]

Richest content ever consumed, thankyou Ganesh and team❤

[@pankajdayama9200]

Very very inspiring thank you so much for such a good podcast. Keep going man. Best one.

[@LogicalIndian-ry1mu]

This is the best podcast i have heard till date, life lessons for me ❤❤

[@kushaleditz2391]

Think school is changing the lives of youth by bringing us such inspiring podcasts.I hope this podcast will help our young generation to become entrepreneurs

[@amaleshmurali]

Hi Ganesh. I follow your podcast and case studies. Great to see you taking notes during the interview. It shows you are a student first.

[@arpitgurnani]

I have watched this video multiple times now.. what an inspiration.

[@akashdeepjana3269]

Wow, just wowww❤ This podcast gives me a way to live life in the right way. I wish think school grows to great heights. Velumani sir is surely an inspiration for the youth.

[@akashbhagia9833]

I can listen to guys for ages . Love you both ❤

[@srinivasthooti7845]

I have never watched anything this long without skipping other than a movie , so encouraging, motivated

[@kishoreprakash5127]

Thank you so much Ganesh and Velumani sir, very helpful and insightful

[@chandramohanvellingiri5948]

It gives goosebumps and very motivational, thanks Ganesh for creating a wonderful podcast

[@hanumantvaidya7060]

This talk have cleared a lot of my queries regarding my further approach in life and work.

[@Diamonds_of_Politics]

Watching from Bihar, and the struggle is so relatable.

[@maheshwaranpillai]

Long form content survives, because of content like these. Exceptional session.

[@senthilshravan2966]

Wonderful episode. Waiting to learn more and lot of inspiration from Dr.Velumani. Thanks for bringing these guests in front of our eyes.

[@lalithkumar6663]

Beautiful explanation by a man whose experience is unmatched ❤

[@shashanksandy4]

What an amazing man and such a crazy journey!! it was an amazing podcast. His wisdom and mindset hats off Velumani sir! Thank you Thinkschool for such an engaging and inspiring podcast ❤

[@yummyflavourss]

One of the best Podcast of yours keep bring these kinds of people on your podcast. Value of time ❤

[@pavanjp1405]

Sir I have not distracted while u are talking sir I have truly enjoyed your podcast with think school. I did,t get bored it was a great day for me to have such words from u sir.😬

[@saluskumar1508]

Power daa.....so much to learn....hats off bro to bring such an amazing personality....it was almost like watching a movie and experiencing his life❤❤❤

[@1856parth]

Brilliant conversation !! Thank you Think School ! Inspiring journey of Dr. Velumani and his life partner ❤️ So many take aways !! ✨

[@sushrutsarmah2859]

Wow what a podcast. Gave me goosebumps. Great work thank you

[@naveenramana7058]

Really...the podocast uncovered the intellegence of the guest 🎉🎉

[@ChiragMehta-fk1gr]

One of the best podcast, I have listened accross💪