Kishore Biyani - Rise & Fall Of Big Bazaar | Reason Of Failure | Prashant Desai | Raj Shamani Clips

🎞️ This Is A Clip From Figuring Out Episode 206
Watch The Full Episode Here - • Big Bazaar Failure, DM...
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Featuring - Prashant Desai
In today’s episode of Figuring Out, Prashant Desai the longevity sherpa joins Raj Shamani for a conversation. He has studied at Stanford School of Medicine and Harvard Medicine School. After an overwhelming response on our last podcast with him, in this episode, we delve into his journey with top Indian personalities like Rakesh Jhunjhunwala and Kishore Biyani. Prashant shares how he grew from poverty and met Kishore Biyani and the mindset that led Biyani to create brands like Big Bazaar and Pantaloons, sharing valuable business lessons. He also discusses his encounter with Rakesh Jhunjhunwala and his unique qualities. Prashant further talks about the failure of his startup, and lessons learned, Biyani's market cap growth from 52cr to 2200 cr, his downfall, and memories of Jignesh Shah and Jhunjhunwala's wealth creation. Don't forget to subscribe for more episodes.
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About Raj Shamani
Raj Shamani is the Founder Of Figuring Out Media. He's an Entrepreneur, Content Creator, Investor, and a Renowned Keynote Speaker. Raj has emerged as one of the Youngest Influencers in the Indian creator economy.
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[@amitbrahmo]

Every city, big or small in India, I went, there was a landmark called Big Bazar. It was omnipresent.It had great sales, butt and brush crowds. What variety! I thought Big bazar cannot fail and in fact should not have failed. Who knew what was brewing? Lots of debts, mindless inorganic growth, reaching out in alien fields and so on. I joined the bandwagon and bought a large number of Future retail shares maybe @375 rupees apiece. Thankfully I didn't put money in their deposit schemes.Look where the Big Bazar is? Retail investors cursed Kishore Biyani for messing up such a prominent retail business big time. I am glad for mountaineers that there's no higher peaks than the Everest.. They have to stop at Everest. I read Biyani's first book on his success story. He must write the sequel... a lesson for entrepreneurs what not to do.

[@NETWORKAAJFORKAL]

Good commentary. Raj these short clips are more inspiring than one hour sessions.

[@smitjain937]

Amazon and REL dono ke saath tie up karne ki wajah se Big Bazaar died the main reason, so many vendors, job workers, factories got shut because of the mess creates by BB. As far as visionary is concerned i really dont think he is one, visionaries are ppl who keep all channels intact even going through the rut. They just abandoned, covid cannot be the excuse, their rep was already very weak since 16 due to late payments in the market, warnings were already given for their crash

[@priyankjain5427]

Great insight

[@Nakullive]

Nah, the main reason big bazaar died was due to Dmart.

[@sandysarker]

That man is a genuine story teller. Love from Kolkata

[@TheNayak12]

Interesting discussion ❤

[@darshans8147]

Excellent

[@peraisudan8972]

ple put English subtitles for this full potcast..bec I read his book "failed venture" is was super eye opener...I love to get more input through this podcast

[@imranusmani2535]

There is no such discount , charm and feelings of shopping today compare to BigBazaar ( Kishoreji mindset was brilliant ) Same mistake done by VISHAL GARMENT now VMART Retail chain was started by both companies from kolkata and both did excellent and now out due to financial leverage 😊

[@skrzr]

Big bazaar Abids @Hyderabad was super store...

[@eatztv]

My dream shop of childhood, Gariahat Pantaloon.

[@dskalantri]

Right now where is Kishor ji? Any chance to bounce back?

[@biswaiccm]

Yes, he has started new format called- Food stories

[@binodyadav5050]

Thats he went down . Because he wanted to climb real fast

[@cta7444]

"More about him a little bit "

[@paramagan]

Today 8th June, people are laughing at their predictions. Common sense tell us all that no stock has fallen drastically since 2008. Like Mukesh Ambani prediction that it will 100 K level. People have made money when the market falls badly and rebuy them the next day or so. I Salute all equity traders for being smart to buy these FII shares.

[@Kabir1960]

One fact untold. Irrational rentals given to corner property. No business wud have survived. DMart has learnt this basic fact and hence successful.

[@rahulram4376]

आज बहुत दिनों बाद किसी को गाली दी है और उसका नाम किशोर बियानी। उसी चदरमोड़ के कारण future retail और शेयरहोल्डर्स बर्बाद हो गए।

[@biswaiccm]

Wrong perception

[@manmohanrathi9760]

Enterprenur को गाली देना आसान है

[@rahulram4376]

@@manmohanrathi9760 Jo cheating karega wo gali khayega

[@skarimdr]

6:38 daal is most important one u forgot

[@sandysarker]

Daal is not that important food in East or South India or coastal areas. Kishore ji knew it.

[@prabhakar0076]

😂😂😂 TELUGU people eat tons and tons of Daal aka kandi pappu​@@sandysarker

[@SushobhanSamanta]

Are bhai chup ho ja... aise bhi tu jo question puchta hai uho tum na bhi pucho to uo bolega... so please 🙏

[@dilipkumargupta777]

Arey bhai fir se es chor ko laaye, he was greatest thief of India

[@bijoyadhikary2844]

Aapke samne Jo baithe hue sirf tshirt per hai. Aur aapka dress dekhiae. Humko to lagta hai aapko manushya santulan bigad Gaya.

[@ujjallaha]

Actually Marwadi people not fit for big business, they're fit for "Kirana store". Gugrati people fit for big business.

[@pradeepmishra-kd3ip]

Kishore biyani se hum request kar te hai ki hamara f&f dede hum loge 10 years job kiye or hamara paisa nahi diya hai kangali ke namm par humra paisa dubaa diya kuche information bhi nahi diya achana hum sab ka job bhi chale gaya

[@preetmohanty3587]

Gaya tumhara paisa

[@Hiren...]

Kuch nahi public ko maal pela circular trading wali same to same thing

[@darshans8147]

Excellent