MasterCard CEO Ajay Banga on Taking Risks in Your Life and Career

During his View From The Top talk at Stanford GSB, MasterCard President and CEO Ajay Banga emphasized the importance of communication, taking risks, learning from everyone around you, and surrounding yourself with people who think differently than you do. He also discussed why innovation is "mission critical" in the payments industry. (Recorded April 24, 2014)
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[@anmolverma7277]

I had the privilege of meeting him personally in one of the smaller cities in India. He asked me where did I work. After telling him, I was amazed how much knowledge he had about the company I worked in (it is not a well known company). Such is the power of people like him. They make their impression instantly and there is a reason why he has reached such levels of success

[@JSVKK]

Knowledge is a great asset but attitude is the key factor behind all success.

[@RajeshKumar-nh5wg]

ह कह

[@Eyes_Watching_YT]

Prime minister of Britain

[@pranayk37]

How did you meet him?

[@clintonfedericobernard-ny8wp]

¿Qué es un negocio? El negocio es algo que haces y te devuelve tus ganancias. ¿Alguna vez has oído hablar de la inversión en Bitcoin? Bitcoin es un negocio de inversión en línea que le devuelve el doble × 2 de

[@ftckaplan213]

Great comment: "when you open a company in China, they roll out the red carpet, when you start a business in India, they roll out the red tape!"

[@divyamtaparia4115]

Can u share the exact time when he said it

[@ftckaplan213]

@@divyamtaparia4115 49:03

[@divyamtaparia4115]

@@ftckaplan213 that's the end of the video

[@SanketDube]

@@divyamtaparia4115 20:40

[@SanketDube]

​@@divyamtaparia4115 Also if you are into research and finding stuff.. you could have clicked "•••" below the video click "Open Transcript" then search key term you are looking for such as 'red carpet' in you case. You should have your time stamp. :)

[@DarkSpydaIV]

Energy, passion, confidence, bold, fearless, drive to move forward and not look back.

[@bhavikamewani5260]

P

[@subhadipsarkhel6727]

HUMBLE

[@clintonfedericobernard-ny8wp]

¿Qué es un negocio? El negocio es algo que haces y te devuelve tus ganancias. ¿Alguna vez has oído hablar de la inversión en Bitcoin? Bitcoin es un negocio de inversión en línea que le devuelve el doble × 2 de

[@clintonfedericobernard-ny8wp]

¿Qué es un negocio? El negocio es algo que haces y te devuelve tus ganancias. ¿Alguna vez has oído hablar de la inversión en Bitcoin? Bitcoin es un negocio de inversión en línea que le devuelve el doble × 2 de

[@vanessaobrain9474]

🌹Every family have that one person who break the family’s financial struggle, I hope you become the one

[@MarilynDanielle]

Is not about ignorance but people are scared to invest due to high rate of scammers and unprofessional brokers in the business

[@gurumadiba3324]

I met Mrs Claudia Walter in a conference meeting last year for the first time in Washington DC. I invested $20,000 and the traded in one month making close to $75,000

[@bentimmie9717]

I’m so happy taking bold step in working and investing $60k with Mrs Claudia after 2months I receive $250k to my bank account

[@OwainDebraShirley]

Mrs Claudia Walter is legit and her methods work like magic I keep on making $9,000 profits every month

[@OwainDebraShirley]

Her service is top notch,My first investment with Mrs Claudia Walter trading services gave me a profit of over $25,000 ever since then she has been managing my portfolio so well.

[@MShawnee1987]

I appreciate his honesty and authenticity.

[@user-zb8ss9xb1b]

@KIN Cryptocurrency Bitcoin & Others yeah but they have the best condensed milk

[@samrick4768]

Crypto Casey Shadow trader01 The Crypto Analyst Candlestick technical trader Biaheza Andrei jikh Bitboy crypto Grant cardone Stock commando Port traders Official.stanley__ Passive income Stock market investment Real estate investment

[@starboy001]

True

[@mateothomas7799]

A perfect storm is brewing in the United States. Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place.

[@bravedaniels9175]

Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.

[@allyssafigueroa1441]

These are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The bigger the red candles, the bigger the green ones.

[@kaydenliam9124]

it's a good time to buy and basically I've just got cash sitting duck in the bank and I'd really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up

[@owenchrisgeorge2254]

We underestimate the fact that banks are corporate entities also governed by greed. Since 2020, the banks have been over-leveraging their assets, which was one of the reasons for SVB's implosion. I have never been okay with keeping much money in the bank. I simply invest through my financial advisor, collect my profits, which I then spend.

[@elizabethrobert7103]

@@kaydenliam9124 My consultant is GREG T. MARTIN FX, He has since provide entry and exit points on the securities I focus on. You can look him up online if you care supervision. I basically follow his trade pattern and haven't regretted doing so.

[@supervillager9068]

I came here with no intention of watching the whole thing, but I saw and heard for 10 sec this great man talk and got hooked!!! insightful | Humble | Visionary. That's my takeaway and assesment.

[@swayfitness5777]

Love the way this guy communicates, and he's totally right, communication is one of the most important skills you can learn!

[@DevinSmith1486]

thank you, sway fitness, for confirming that one of the top executive's cookie cutter advice has some merit. I will take your word for it

[@rgseven6557]

@@DevinSmith1486 there will always be pessimists in the comments section.

[@zen662]

4:52 Never take a no for an answer! 5:28 Master communication to bring change from one person! 12:40 Learn from everyone. Deal everyone equal passion. 21:00 Do biz in places like the US where opportunities & openness are there. 30:00 "Don't show me your excel, story or what it could be. Take this minimum amount & accountability. Do it or you all will be fired." They'll do fine. 34:20 Spending time with instruments isn't a work-life balance. Spending time with people is. 36:10 Get comfortable with your skin. Deal with things, than hide. Humans are sensible. Caring for them is leadership. 41: 50 From India learnt: i) Have plan b, c, d ii) Diversity is having people around you to work who think differently, different background & don't like you. Expressed everything with data. 🙌

[@aneeshyadav591]

Nice efforts man, you got my thought.

[@djshugga-aafter5radio910]

The world needs people like you thank you very much for making it a better place

[@johnsrchow-tu1ep]

Rq

[@yussufomar1157]

0009

[@chanduguruju6787]

You nailed it man

[@mrgoferdather]

it took 7 years for youtube to reveal this MasterPiece

[@HAL--vf6cg]

this is a good comment. i like this comment.

[@sidhartha7118]

Here after Shwetabh Gangawar's recommendation 💯

[@manojsrivastava3626]

Meow squad

[@akarsh121]

yup!

[@hustlewithhimanshu8899]

Yeah

[@danishuddin9752]

same here

[@delroypereira]

Which podcast and episode please?

[@carolsitsons443]

It amazes me greatly how I go from living an average lifestyle to making over 63k per month I've learned a lot over the past few years that there are plenty of opportunities in the financial markets; all it takes is just to focus on the right thing. Credits to Zach Micah Demers

[@Jorgmiller]

I looked up his name on Google and was impressed by his resume; I consider myself lucky to have found this comment section.

[@andreasvankur3735]

That's a lot of money you're making. How do you do this on a regular basis? You have to be a trading genius.

[@divonteschiller8788]

How can I reach him?

[@carolsitsons443]

@@divonteschiller8788 Search his full name

[@carolsitsons443]

Zach Micah Demers

[@RobertPrestonHill]

My favorite quote "If you look at our balance sheet we have no debt, only cash." Telling statement about debt, from the CEO of Mastercard.

[@bhavpreetsingh007]

This guy inspired me in many ways- Humility, Taking risks, feeling good about what you do, spend time with Loved ones and Diversity ❤️❤️

[@starboy001]

Bilkul shi bola Bhavpreet bro... mujhe bhi same ye are inspiration mili... This person is so genuine CEO❤️❤️

[@deesong6722]

“Go for it! Never take a no for an answer.” ❤️❤️❤️❤️

[@rahulbohra8338]

What a sharp guy...he talks like a natural mentor and is such a down to earth personality....so cool and humble at the same time....wow....the best part I liked was where he talks about being hungry to do more exciting stuff...even after being the CEO of MasterCard...simply amazing....can't stop listening.....

[@parrymavi7216]

ASEAN: Association of Southeast Asian Nations. Captions kept on getting it wrong so this is what it means.

[@sittoonagesh6668]

@Samuel Gunawan you are very much considered.

[@iampiyushsingh7544]

Here after Shwetabh Gangwar's recommendation

[@_ShaikhNaiemHalik]

😂

[@chetanarya4883]

Haha me too

[@arunmitra7477]

man.....me too

[@how_things_work]

Me too lol

[@_GMP_]

Me too

[@kmkcorner]

What a great communicator. Wonder how he learned his communication style. Very direct, humorous, no BS.

[@user-zb8ss9xb1b]

Fantastic interviewer! Listens well, asks thoughtful questions and knows when to crack a funny joke!

[@AsifKhan-kk8wo]

It gives me a goosebump really inspiring personality.

[@rayaan5531]

Just one goosebump?

[@gregh5061]

@@rayaan5531 one is enough. Two's a crowd. You only need 3 when you're watching a really good anime

[@Rodddy]

@@rayaan5531 LMAOOOO

[@abhishekjha18]

Have seen this video since 2018 for atleast 40-50 times. Teaches more than what most of the management books can teach. His advise about taking risks prompted me to change my industry, my country that i used to work in and am glad i did so because it paid off. Terrific values and extremely articulate! Would love to meet him someday and tell him how this interaction influenced my life in a big big way :)

[@plutomessi21]

you wasted a lot of time, not to offend you but yes.

[@jatinsinghyadav5941]

@@plutomessi21 not a waste of time if you learn something from it

[@karthickdevarajan2102]

Wow. Nice to know that it had such a profound effect on you! Good luck to you.

[@sonugogia945]

which country are u in now

[@lampsizgod]

'Dealing with it is more important than hiding from it' - Ajay Banga.

[@callsigncrusader9877]

Oh man, what a legend he is, I would love to work for him

[@Kaz_Unlimited]

From South Africa and what Ajay said about the innovation they’ve introduced to social payments has been groundbreaking . More fascinating is how much more innovation in business and fintech Africa is fostering .

[@principal-candorinternatio2619]

This is one of the best I have heard. Fantastic interview - simple , strong, informative and inspiring.

[@Sona77.]

A really intelligent man who is successful! Love it!

[@pradeepprabhakaran9816]

@44:00 Diversity is about having people around you who don't think like you, don't walk like you, don't talk like you.. That makes an outstanding diverse population 👏 👌

[@suhail8290]

Tussi deep down you are still a true Punjabi bhai, just loved it! loved the whole interview.... The key is we are evolving and learning the guy who is interviewing will be soon on a much higher position.. The facts we have to learn

[@chriswaldorf1560]

Great talk. Outstanding person. Love how clear, humble and authentic Mr. Banga is.

[@michelnunez7088]

not sure how this video pop up but i watched it and holy cow im a big fan this guys humbleness is beyond amazing and yet so powerfull god bless him

[@rajeevrp1500]

I like his intellectual honesty. He says what he means.

[@maricelaespinoza6897]

I'm just here due to my Ethic's professor sending us the link for the Forbes 100 list for 2021. I'm so glad I saw this video. So much knowledge, and information. Almost at a million and a half views since 2014... and Mastercard is on the Top 13 companies.

[@iloveyellow7214]

Mr. Banga made me so happy I shifted from a prelaw course to a fine arts bachelors that has a major in advertising.... Thank you sooo much for sharing this Thank you

[@smythe023]

One of the most poised and articulate leaders I have ever heard.

[@rjbinning7535]

He’s very honest person. People work under him like his approach a lot. That’s good sign

[@Julius55555]

Interesting to hear what this man has to say.

[@LetsLeadByExample]

Thought I would watch this video while I work on the side...5 minutes into the conversation, I put my work on the side and finished this talk first. Very insightful. Loved it!

[@voicification]

I listen to this once in 2-3 years. So much of it makes more sense as I grow older. Amazing talk!

[@darshanjain6161]

This man is fearless, bold, confident and energetic

[@ishanvidyarthi7340]

I found this glorious masterpiece myself✨🔥

[@Stephanie-nz8ig]

Such a smart wise man

[@BasilAzeez]

This is the best interview I've ever seen or heard. I am really glad I found this on KZbin.

[@msbecks3806]

I find his word very much educative and honest

[@PiyushKumar-lg9is]

This is by far the best piece of advice/ information that I've got from youtube in terms of career and personal growth. What an amazing person. I feel deeply grateful to have come across this video.

[@gideonbateson8029]

I appreciate the truth that came out from this!

[@bideshisethi7411]

This is one of fantastic interview i heard till yet..awesome guy knowlegable true leader respect.

[@blwbisht]

Now I'm enjoying this channel because video like this real talk appreciate it

[@donovangumbo388]

It's 7 years later and he was spot on about US and Singapore

[@saubhagyadubey8709]

So organic in his attitude towards everything that he does.Appreciate it!

[@hitarthshah2939]

The level of clarity he has is really amazing

[@musicxsam1]

LOOOOVEDDD his sense of humour! 👏🏻 Some very good gems in there. Listening to thoughtful convos on Standford's channel is now my fav thing to do!

[@praveenkrishnan7731]

Thank you youtube for finally recommending something meaningful..

[@afsheenchitnis9669]

Very helpful, motivating, and inspiring interview.

[@Baronvyazemsky]

I like this guy. He is straight forward, at the same time he is attractive and polite.

[@enserkarakas4099]

what I really loved about his speech is : he just mentioned about the Y generation who loves to take the risk and go for it. That is %100 true. Our generation loves to take the risk with the opportunity that comes front of us. Great speech Ajay.

[@ismadaan]

He coughed and shook hands, oh how the times were different back then lol

[@amit.bhardwaj]

Bhaut syi bola Sir, “Gugad” is what being used often to get away from innovation especially in India but also all around the world.

[@AyushSingh-qx6mi]

Jugad*

[@sahilpatil3880]

@@AyushSingh-qx6mi 😂😂😂

[@fenyx2558]

Kahan gadna hai gu? 🤔

[@eddythemeddy]

Totally agree on this but there are still many who are creating new good things

[@tobesuccessful1901]

Gu gad 💩💩💩

[@saqibnagauri5539]

Shwetabh Squad...

[@sarang11111]

What crystal clear communications …excellent!

[@ThatEastIndian]

"Boss came to my house and walked with me to work, that's leadership".

[@donzmeuheu6153]

Smart and wise man...great Interview

[@leonelc2121]

We need people that don’t look like you and think like you. So true.

[@gusd.5450]

Great interview. I like how the guy interviewing Banga let him speak and take the conversation without interrupting him.

[@hardayalsingh1105]

Great energy and hold over his thoughts while speaking 👌

[@ruthwikgoteti9440]

His vision, ability to understand his things in-depth is really amazing. Salute to him.

[@emmanuelwekesa976]

quite a successful career journey, its evident how he is driven in his work, now Ajay Banga is the 14th president of the world bank

[@ChristianRodriguez-tv4ct]

I've seen a few of these and he was one of the best.

[@NivitaVerma]

Wonderful advice given in this talk by Mr. Banga. Yet another Indian leader to admire. I respect that he practices what he preaches - his humility coupled with his appetite for taking risks that lead to professional and/or personal growth have paid off well. You are an inspirational leader Mr. Banga. Thank you.

[@smartbinit2]

Great personality , amazing vision

[@keshavaprasad2422]

He is clear-headed and he has already charted out a lot of stuff he wants to bring out for the community.

[@lordofbulls]

One of the best interviews! Good job guys

[@jaspavit1000]

Such an amazing Interview! I wonder how come i hadn't see it yet!!

[@manavthakur9077]

And the best part if you really listen to him, you'd observe that how his slightly pause before answering means he's REALLY thinking...which means these answers are not made up or some bullshit that most of business people throw randomly, but some articulated experiences that he was trying to accumulate in return as an answer.

[@KingMakers333]

True bro👍

[@adityamodi2361]

wow this guy is so amazingly humble and articulate and does not have that MBA snobbish attitude. so good to listen.

[@ravindertalwar553]

Truth Transparency and Total commitment would ultimately Rock the Show By the Grace of Almighty God 🙏🙏🙏❤️❤️

[@mainramaurkrishnakavarishh736]

Me here after shewatabh podcast. 😙😙😙😙🤣

[@anilbangera1]

Me too

[@anantjain9679]

🙂👍

[@soniabhatia9853]

Me too

[@aad_on_journey]

Me too

[@akhilbisht798]

I have to swetab podcast after seeing this

[@epicmaster833]

"What if i double your debt" hahahah🤣🤣 he literally

[@tethron.]

What a brilliant man and CEO, so much value shared!

[@bismarkboateng1391]

Now World Bank wants Ajay! good choice! Congratulations Mr Ajay Banga

[@shilpamanoharan8381]

Mr Banga, you are incredible, you didn't held back anything. Lord bless you 🙏. You have given so much to look forward for future careers. Bless your family 👪

[@filip9220]

Wow this man is extremely well spoken

[@pranshuchittora5444]

Watching this in 2023, still relevant. Can't agree with him more. 💯

[@pranabsaha1807]

Here after world bank head. Proud of you banga,you have made India proud

[@shubhangijoshi5777]

Thank you for sharing this videos. This discussion is thought provoking on so many levels. I have learned a lot from this discussion

[@maverick8056]

‘What if i double it’ what a savage comeback from Ajay Banga 😂

[@satyamtiwari7680]

He articulated everthing in a very good manner. Amazing to hear this... learnt a lot of things.should have jot some these down...

[@cheikhdiop7223]

This was the best ever video i watch from KZbin , learn so much from this talk

[@dariusashouri2439]

this is for 2014 but this guy saw 2100 easily damn boi

[@joeljanik5177]

9:34 -9:50.... literally spot on. What a smart guy.

[@SardineGigaBreath]

He is in the top 0.1% people of the world, he made it to the hardest colleges to get into twice.

[@sergiog2930]

So humble and clever.

[@SwapnilDhabekar]

Great to learn and understand from leader

[@shashanksingh6932]

Masterpiece!!

[@gajendrayadav8791]

His prediction for asean nations is so truee. it's real

[@MriSimplify]

The last 5mins changes my entire perception of who Mastercard is.

[@personal_finance_au]

I'm really impressed. Very insightful

[@bhavikjain6017]

Never take a "No" for an answer, hi me hard. You should know how to find your way out. Also, the power of humility, to learn from everyone from the organization is something I have been working on :) I am not Communicating effectively & that is causing a big hindrance in my Growth. I am trying to work on it consciously. And I believe that with time, effort & practice it will get better. Thank you sir. Your energy & passion for what you do is very inspiring.

[@shafiemukhre]

Great questions and great answers! Thank you!

[@profitsbaba9256]

Excellent interview! Ajay is a humble leader and is inspired by great leadership (such as Sandy) One would be lucky and honored to work with him or for him.

[@animeshtripathy1398]

THANK YOU.!