Shark Tank Fame Amit Jain On Building A Business From A Small City | CarDekho | FO 72 - Raj Shamani

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In this latest episode of Figuring Out Podcast we are in conversation with Amit Jain, CEO and Co-Founder of CarDekho and the newest shark on Shark Tank India Season 2!
In this podcast, we will talk about a lot of things with Amit while he shares some nuggets from his entrepreneurial journey. He is also an alumni of IIT Delhi and proved to be a jaw-dropper when he appeared in the season two trailer of Shark Tank. But there’s so much behind the face that we know nothing about. In today’s episode we have made sure to deliver the rawest side of Amit to you guys, so make sure you watch the episode till the end!
Amit’s Social Media Handles ⤵︎
Instagram: @amitjain_cardekho
/ amitjain_cardekho
LinkedIn: Amit Jain
/ cardekhoamitjain
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🎧 Listen to Figuring Out Episode with Amit Jain On Spotify: open.spotify.com/episode/6zbI...
🎧 Stream Figuring Out episodes on Spotify:
open.spotify.com/show/736rhmW...
📺 Watch Figuring Out episodes on KZbin:
• Figuring Out With Raj ...
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Timestamps:
0:00 Introduction
03:46 Does going to an IIT or IIM matter?
08:54 What's that one extraordinary thing that IIT taught you?
10:26 Why did you leave your job in the US and come back to India?
12:06 Why did you shift from working in a job to being an entrepreneur?
19:57 Is giving ‘gyaan’ to your parents the right thing to do?
33:26 How did you build CarDekho’s revenue stream overtime?
48:02 dealership-specific businesses in India that can be profitable
51:17 Why are you still building your business in a Tier-2 city?
55:16 3 pillars for nurturing the right talent
57:57 top 3 skills required to upskill
1:00:31 one common attitude between all the successful people
1:05:19 What do you look for in an entrepreneur before funding them?
1:08:10 Your journey on Shark Tank
1:09:15 Which was your dream car?
1:12:36 What's the most expensive thing you’ve bought?
1:13:07 Why are family businesses finding it hard to sustain?
1:16:22 top leadership practices you follow in CarDekho
1:18:48 where do you see the next unicorn building in India?
1:30:07 Closing Remarks
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My gear for shooting this video:
Canon EOS 200D II 24.1MP DSLR Camera: amzn.to/3GuiPFK
Canon EF50MM F/1.8 STM Lens: amzn.to/3WZOSoi
Canon EF-S 18-55mm f/3.5-5.6: amzn.to/3ZpKBMy
Yunteng Aluminium Tripod (Vct-690, Black): amzn.to/3ItEzV0
Zoom H6 All Black (2020 Version): amzn.to/3irUCIf
Shure SM7B Cardioid Vocal Dynamic Microphone: amzn.to/3GPimiM
Shure MV7 USB Podcast Microphone: amzn.to/3Xjy63d
GODOX SL150II 150W LED Video Light: amzn.to/3XeN0aL
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About Raj Shamani
Raj Shamani is an Entrepreneur at heart that explains his expertise in Business Content Creation & Public Speaking. He has delivered 200+ speeches in 26+ countries. Besides that, Raj is also an Angel Investor interested in crazy minds who are creating a sensation in the Fintech, FMCG, & passion economy space.
To Know More,
Follow Raj Shamani On ⤵︎
Instagram @RajShamani
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Twitter @RajShamani
/ rajshamani
Facebook @ShamaniRaj
/ shamaniraj
LinkedIn - Raj Shamani
/ rajshamani
• • •
#Podcast #FiguringOut #RajShamani
About Figuring Out
Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.

[@rajshamani]

Check out my recommended Udemy courses- The Ultimate Digital Marketing Course 2023: 11 Courses in 1: bitly.ws/z5Bh The Complete Personal Finance Course: Save,Protect,Make More: bitly.ws/z5C6 Click on the link to avail exciting offers available for a limited time period. (For new users only) Upskilling and creating a learning habit is the best gift you can give yourself this New Year. Start your learning journey with practical and hands-on courses on Udemy today. #YouCanWithUdemy

[@Free_mind_2]

Why they are called sharks anyone know...??

[@pratyushkesarwani7632]

bhai kuch ajeeb sa sound aa raha tha beech beech m

[@nagasumi1728]

It will be really great if English subtitles is added.

[@KING-mc6pj]

Hyderabad ka nam bhi liya Karo Bhai

[@FUTUREFITNESSACADEMYINTERNATIO]

Love this conversation ❤ great person by nature,everyone needs to learn inner conversations comom stories to sabko pta hoti hai but the value of podcast is inner conversations jese apne bat ki ki kush logo ko bht kush ata hota hai but wo sochte hain ki abhi aur aana chahiye ya aur seekhna chahiye basically self doubt kehlo ya action ki kami kehlo it was great question most of the people’s stuck in this lane but I think 😅iska answer rehgya ap khud hi de gye answer but me unke review sunna chahta tha ispe btw i love the way he trains his team we r doing the same we don’t hire employees jo kehte hain mujhe to sab ata hai we hire freshers but make sure they have hunger for doing something bigger and most of the talented people’s isi liye aage nhi aa pate kioki unke pas starting mein kush prove krne ko nhi hota but unko chances dena is biggest thing and uske bad wo log 100% dete hain aur wahi kush badha krte hain ❤i met many peoples they haven’t degrees peace of paper but they do extra ordinary things I appreciate his way of hiring

[@TheIMNUM1]

What a guy Amit Jain 👏👏 .. inspiring , humble , grounded , leader , high values 💪🏼

[@kartikgajera8606]

Amit is one of the most down to earth entrepreneur we have seen. His thoughts are pure results of what he have build by integrity, honesty & caring about others. One of the most underrated leaders we have❤️

[@vladimirputin704]

True👑🦅

[@shamraochavan6304]

Amit is down to earth and humble 🙏

[@santoshshah3137]

Mr Jain is more than Businessmen he is good man. I really liked the way he treats his team. The value he talks.

[@dexterous_king1914]

​ 😅 RR ee

[@akshatpoddar1140]

Respect for this man, after soo long a man who has such command over his words

[@amitkumar530]

This is the 1st 1.5 hr video on KZbin i have ever watched without skipping for a moment,so much insightful.liked the Amit jains thought towards the India.loved it completely ❤️

[@raysrichandni5230]

Amit jain 🙏🙏🙏🙏u don’t like to being called sir but I can’t control my respect for you n cud not stop to call u a real sir of sharks 🙏🙏🙏🙏earning money is one thing but creating values is another thing ..u are humble hardworking knowledgeable,consistence ,a man with full of values n numbers dint change ur values ..big respect for you , u are a true example of responsible and successful indian and Indians …growing with numbers and values together.

[@desiexpat7]

My son is completing Btech-IT and is struggling hard to find a job. He needs to watch this to inspire him. Amit Jain is a great example of good values, hard work and confidence along with love for India and his family. Fantastic talk!

[@saquibshaikh4829]

I never get jealous with ppl being successful or having more money 💰.. But I get jealous with people having such a strong and loving bond with their fathers and siblings and likewise parents having a solid bond with their kids .... paise aur business bohot logo ne banaya hai per parivaar me aur Parivar k sadasyo k beech pyaar bohot bohot kum log bana paaye hai .... hats off for this to this HAPPY MAN

[@lavishjain0605]

What a man yaar he is Amit Jain ❤️ . Such humbleness and so much wisdom and intellectuality and thanks to Raj sharmani for bringing him and extracting such detailed and quality info from him . Love you Bhai and yr content ❤️. Lots of support

[@gauravsrivastava3884]

1:03:00 Driver "Ji" and not Driver... Amazing 🙏

[@SachinYadav-be3bj]

❤ for u Raj shamani : You are doing great work for us . We can hear and observe the brilliant mindset of intreprenuers because of you buddy. amit jain such a down to earth guy and I love one thing about amit jain that those freshy guys who work for him in ( so called office ) garage . Now they are top executives in his company . Great person and brilliant mindset he has ❤

[@piyushdixit.]

Amit Jain You are truly a face of new india..down to earth values .. strong belive in our social structure and truly a good sense of Indian market!

[@anonymousmedico7]

Loved Amit Jain He gives Vibe of Ashneer Same mentality of ashneer and amit True Dhandha People

[@sarthaksarode3982]

It not years of experiences but the experiences per year that counts. ~ Amit Jain .......loved it sir , Very insightful podcast. Thanks for bringing such a valuable person!!

[@aayushpandey1143]

amit jain is an inspiration for many youth in india. a humble guy and has high value i like the fact that he still lives in jaipur which his family and this shows that our indian culture is not individualistic mindset culture but we believe in community culture and its upliftment .

[@jitendranathghosh8881]

What a man he is ❤️❤️❤️ He is a leader not Boss. Great

[@seekersofwisdom85]

I have heard so many founders. No one mentions his team by name, so many of them. Anurag is lucky to be with Amit. This guy is all heart

[@pavan.avasthi]

What a guy man... good wisdom with great humbleness.

[@viralclips485]

What an absolute of a genius this man Amit Jain is! Loved the conversation. Big W Raj and Team figuring out

[@rahuldumbhare3018]

This is by far the best guy you have ever talked to Raj, Amit Jain is like a college guy fresh out of college.. brilliant.. Huge Respect for Amit and for you Raj

[@tejasshindets985]

These videos should be showed in B schools informative and inspiring Amit Jain sir.😇

[@opcopa]

Bhai kya pure gold perspective diye Amit ne...bohot gazab..yeh ab tak ka sabse achcha podcast maine dekha aaj...bannde ne woh sab bataya jo ek indian k andar quality by birth hoti hai...jisse yeh samjh aya k westernization hi success ki defination hum as a indian INDIA me apne old grounded nature and latest thinking ability se India me swag kar sakte hai

[@mistermatta]

Great to see such inspiring stories. Everyone has a different journey and these episodes have motivated me to start my own podcast and get common people to share how they made it big! Clearly it doesn’t matter which city you belong from, you just need to get the timing right and keep updating your skills and be persistent. Small or big business, I think discipline is the only thing you need

[@mahenkumar4827]

He is the most warm helpful entrepreneur around .... his aura is pure .... can blindly trust him to getting nurtured & build startups

[@harsh1674]

His thoughts for responsibilities towards india will definitely bring the changes .very intelligent person even I didn't know before this that he is from the city where I live this gives me a fire motivation . really inspired

[@doga150]

Pahle m Ashneer ko great banda maanta tha..jo ki wo hai bhi...par kuch jagah unhone strat ups ki bejaati kar di ..Glass mask wala wo start up aaj grow kar gya h..yaad h sabko...sayad logo ko dusre ki bejaati dekhna achaa bhi lagta h tabhi Ashneer popular hue...par Amit jain ko Asneer se compare karna galat h..he is person with some great values...aane wale time m wo shark m sabse popular honge ..I think...❤

[@mayankganeshani5148]

Really love the way u r growing and maturing as a content creator. Good job sir.

[@LalitKarnwal]

Very inspiring and impactful journey of two brothers from small town and making India ahead in auto tech !

[@nandankumarpanda]

Great learning experience, for future leaders. "he must be a good human being" this phrase is really inspires. Much more to learn.

[@shantanutiwari7367]

Thanks Raj and Amit for this superb, insightful, candid discussion. Being from IIT, it was so good to hear about Amit's take on what is required from people like me to push ourselves to do better.

[@animesh.786]

Thank you Raj sir to bring such a great guests and give this beautiful knowledge ❤️ Thanks to help figuring out 🔥

[@kspatel212]

Amit Jain is full of humbleness, values and totally sorted too…

[@kamaleshpramanik7645]

Just reachd half of the interview. This is superb superb video for business learner. Amit Jain such generously shared his story and thinking to build up a company ...

[@TheImmigrationGurusEnglish]

1. I love long detailed conversations to understand things in deep. It's like reading a complete book in Video Version. Keep doing this charity on others. 2. Learned which area I can scale my business. Loan is my next step. Thanks a lot.

[@omchaurasia]

1:02:59 I think those people should listen this part who says that education is a waste of time. If you are a from a lower class family then education is the only way to put yourself out from it.

[@tripathy321]

This was awsome.. I really liked the point where he spoke about the suggestions he used to give to his father. Later when he did the business, he learned the truth. Thank you Raj

[@nehadushyani473]

Apne struggle ke din yaad aa gye, ab aisa lag rha h kaash woh spark wapus aa jaaye.... 🙂 thanks for this podcast. And I am ordering your book too. 😊

[@riyal_faux]

Raj sir, you're doing an amazing job. Sir , I promise to you that in next few years, I will be at your podcast with fulfil all the criteria for your podcast. Thank you.

[@rithikjain4947]

Great guy, A lot to learn from him, he has fought battle and knows about his company.

[@vIVEk-om4ws]

This was literally an unexpected conversation...💫 Each one, Teach one 🙌

[@manishbarua2084]

This was such a wonderful interview....loved Amit Jain....very very inspirational....hope to meet him someday

[@dhruvsingh9965]

Honestly, I used to hate the insta reels, I used to find them annoying and cringey. But these podcasts, man, there is nobody better than you. Its not a self proclaimed India’s biggest or smartest podcast, but it truly is super valuable. Your questions are always on point. The questions are truly inquisitive and actually brings out valuable bits instead of just anecdotes and stories. Also I ABSOLUTELY LOVE the follow up questions and when you go deeper on the subjects, that’s the true value of the podcast. Also it shows that you are truly there to learn and “figure out”. All being said, when I listen to your podcast it truly feels like a representative of the audience is there to interview the guest and not that a representative of the guest is there to showcase/promote the guest. And that is what makes a world of a difference.

[@jeevan3534]

I'm watching your videos from last 3 years. It really helped me to understand how real world works. Thank you Bhai😉. Keep Helping us with your quality Contents. A little Support from Nepal😊.

[@namaste_canadaa]

One of the best podcasts, liked the Indian consumer concept for building brand !

[@hrithiksaluja6387]

This is the best podcast of KZbin. Thank you Raj and Amit. For your time and effort.

[@sanchitayal1652]

What I take from this podcast- importance of family and got a great answer to my everytime question 'why do people say to stay rooted to your family when they themselves can't take over their father's/family business?' Thankyou for bringing this up🤗

[@adityamehta3399]

It's not years of experience, It's experiences per year. 🙌

[@electrobuzzers6685]

Raj, this podcast was as deep and insightful as it could be, listening to the new shark Amit Jain gave new dimensions to my thoughts and definitely I'm looking forward to apply these learnings in my ventures

[@seeker4923]

Such clarity of thought. Over time he has become one of my fav sharks.

[@onkarsaini5912]

Jain sahab is an enlightened person. Great insight.

[@yogeshr571]

After seeing this, before piyush was my favourite shark but now amit is now my favourite his roots are so ckear and a perfect family type person whi thinks about everyone and no igo even after building 3000 cr bhsiness

[@aradhyapandey9366]

Very inspiring podcast! I learned from him very much!!

[@bishalkumarshaw2789]

Amazing podcast ❤️❤️ Bahot kuchh sikhne ko mila. Thank you to both of you 🙏☺️

[@deepakray8860]

Last ten minutes about Indian customer is really knowledgeable.❤️❤️❤️

[@theedtechclub]

You are doing great work.. Looking forward for more such business oriented podcasts

[@doga150]

Purity insaan ki personality m dikhti h..Amit Jain is a great person...he being always ready for support new start ups

[@IIT_JAM_2024]

Amit sir you are very calm and apke thoughts bahut impact kar rahe ha mujhe, sahi kahate ha " don't judge a book by its cover " aaj apko sunke samjh aagaya shark tank apki vajay se pura dekhuga ab mai socha tha maza nahi aayega 🤩🤩🤩🤩

[@surajprashar7493]

Aese hi business man hone chahiye....woww....mza aa gya Amit Jain ko sun kr

[@tubai_bhattacharjee]

What a content. Pure knowledge 🔥🔥

[@ashwinkedarpawar635]

Love it, bring more such people 💪

[@yashikabatra9966]

What a person Mr Amit jain 👏 Deep conversation..enjoyed it very much ❤️

[@dhananjaysingh1102]

one of the best podcast I have seen so far, thankyou Raj Shamani, for doing fabulous job

[@adityar3372]

*Fedback - This is so valuable but since it's in Hindi, I'm unable to share it with my friends who'll be equally interested to watch this but will find it difficult to follow. Please try to add an in screen English captions edit so it can help reach a wider audience!! Such a great mix of philosophy and knowledge! Really became a fan of Amit Jain from the way he talks, the way he thinks.... Thank you Raj? So many great takeaways! 1. Years of experience is not important. Experiences per year is. 2. Treat and value everybody equally without having hierarchy system. 3. Understand your customer and mould your business around the customers pain points. 4 Tier 2 City removes traffic problems or competitive mindset. 5. Focus on improving your tomorrow self from current one rather than focusing on others. 6. Raise money not for survival but for scaling then scaling becomes the moat. 7. Lose ego and treat family as a mutual support system. 8. Focus on upskilling people who have talent but lack exposure. 9. Education and women empowerment are quintessential. 10 . Stay humble yet ambitious. One of the most valuable podcasts in this channel 👏

[@AnkurSheel]

really down-to-earth person.. learnt a lot about business insides

[@jhenilpatel1828]

For Me it's the perfect podcast, we need more like this

[@mayurteli91]

Take a bow , Thank you for raj for bringing amit jain to the podcast ❤❤ So much to learn from him , Immensely valuable ⭐🙌

[@sukhdevsaini2434]

Humbleness of both the persons , amit having cultural and family oriented values. Every person should work towards as per his/ her roots and the way he is being raised

[@namitathapa5037]

Amazing podcast. What a great and inspiring guy…Amit.

[@Shreyas-we3qp]

Raj bhai tu fresh Hoja pehle sone k mood me hai ya uth k siddha podcast start kr Diya 😂

[@ashurwt209]

Lgta pura video nhi dekh gyaan dena kisi bhut aasan h ... Bhai Raj kha tu kha ... Level .. yr ... Ye sir... Ne kitni mehnat hogi kitni kr rhe h... Muskil .. 4--6 gante ... Sone ko milta hoga .. tu bhut aasani bol ra .. 😏 personal life kisi kaise chal koyi nhi Jan skkta agr tu uske sath so bhi rhe ho uske tab bhi nhi Jann skke .. feel kr kisi ne vo bt AGL h . Video 1 gante se jyda ki comment dekho 1..2..3 . Minat m aare upar se anguli kr re ... Fuck you .. mood khrab kr ra m video dekh ra pta nhi is comment ne mood khrab kr diya ok but m pura dekh jb video dekhta ...

[@surinder9869]

Sahi pakde 😂😂😂

[@orbit6986]

M yhi likhne a rha tha 😂😂😂 man nhi lag rha uska

[@rajshamani]

bhai mei bohot late sota huun, toh jab bhi jaldi subah podcast hota hai aisa lagta hai. but focus full hai podcast pe and energy bhi. Next time se yeh bhi dhyaan rakhunga bhai 😛 will take care of my sleep and health as much as I take care of the quality of podcasts for you guys ;)

[@sohaamshoor5]

@@rajshamani pata chal gaya raj bhai 2.40 am ko reply kar rahe ho

[@shaikusman536]

Awsome Journey Amit....Thanks for sharing your time & knowledge.....Amzing content RAj...keep uop bro......respect from Bangalore.

[@VikramKhandelwal]

Incredible conversation!

[@vaibhavsurana1]

Great answers… liked the thought process of Amit Jain… good to know him better

[@shivensen7651]

Its a beautiful podcast Mr Shamani. I loves traits of successful people, sustainable business with 70% growth year to year, how ordinary change into extraordinary by getting right exposure , hiring tier 3 peoples , 2 times a building build 1st in your mind and 2nd in reality so think-big. Wait for another podcast. But i like the podcast especiallly "5 Billion Dollar company with no office."

[@anvibumb]

Amazing Episode with great insights. Looking forward for more such content🔥🔥

[@nileshkaushik4328]

One of the finest talk on your show so far.

[@narenderchawla1087]

Couldn't get it first he says his father was in RBI then Bank of India and finally his father was in Semi precious stones business

[@SanMalli]

thank you raj bhai for this kind of amazing video❤❤Lots of respect towards you and your mindset😍😍🫡

[@sejalshinde6234]

simple easy to understand conversation with examples. one of the best entrepreneur podcasts.

[@quiinsclosetjewelrystudio]

best episode of sharks. detailed and downtoearth shark. Amit Jain

[@shashankmodi8178]

Love the decency of this man. Such great insights.

[@rakeshchorghe1017]

One of the my favourite episode....Thank you Raj Bhai & Amit Bhai

[@tanujthakur5473]

Raj bhai ek dum valueable podcast thi..thanks brother♥️♥️♥️..keep it up

[@kashishsinhaaa]

Woww...suberbb ep rajj n team!!!

[@shaxpx]

Loved the granular and practical insights

[@u-turntowardslife7617]

Loved the conversation amit is very humble raj you are the best..! 👌🏻👌🏻

[@ramnareshvaishnav9809]

Raj sir aap really good listener h 😊

[@mishrapiyush]

Life me पहली बार मैंने किसी भी पॉडकास्ट को बिना एड स्किप किये भी पूरा देख गया क्योंकि मैं एक सेकंड का भी फ्लो नही तोड़ता चाहता था, @AmitJain @Cardekho पूरे शिद्दत से हृदय के अन्तःकरण से बोल रहे थे । पूरा पॉडकास्ट ही बहुत ही आकर्षक और गुरुत्वीय है।।

[@amazingfacts-wb2iu]

One of the best podcast keep making these podcasts we're getting a lot of information and knowledge

[@sulbhaghatge2793]

One of the best podcast I have seen. Amit jain is so honest and real tht I wish I must meet him once.

[@leyvithanTech]

Really inspiring and motivated podcast it is.

[@dailygovernmentjobs1632]

1:27:11 raj proved himself he doesn't like math 😁

[@AreebaA._.UllahKhan._.official]

Thankyou so much for this I too really wanted to hear all this ..... The best part Amit sir appreciating u many times and teaching telling so much 😊😊

[@hariomsainihumanpsychology4590]

Conversation bahut hi inspirational and understandable thi many many thanks to Aman sir and also for you Keep it up sir 👍

[@rudrapratapsingh192]

Amit Jain ,really awesome and humble guy

[@BudhiOli9698]

What a knowledgeable piece of content you make. Thank you so much for each questions and putting handwork to bring it up to us.

[@swatijain2511]

So much knowledge he has …Great podcast

[@swapnilkulkarni1447]

Best Interview, Mr.Amit Jain is Great guy. we impresaed about the his starting business journey . Raj you are doing best work to encourage the entraproner positively. Best of luck to your great work. 'Raj I thought you feel very tired & sleepy', It's not problem we realize your behind the screen hard work.But sum time a small thing takes the focus of an entire interview.

[@sayyamjain3876]

When I was on the tank the kind of insights he gave is incredible Thankssss for this raj. Though he didn't invest was worth to get his insights

[@NavrajPathak07]

Really great podcast ❣️, the deep conversation about basic pillars of Indian Market. Is really valuable and great ☺️