What's happening to BYJU'S? : Business Case Study

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Think School

Think School

Күн бұрын

Пікірлер: 972
@ThinkSchool
@ThinkSchool Жыл бұрын
Correction : FLDG is first loss default guarantee and not deposit guarantee. Also, you can Book a call with Ditto using this link: bit.ly/3RTwopn
@deepakkumar-vg3ze
@deepakkumar-vg3ze Жыл бұрын
During the inception of the videos it's good to have advertisement but in between its break the attention of the listener 😢
@Stockguy64
@Stockguy64 Жыл бұрын
The music in background is really disturbing. Only voice as usual is way better and helps to pay attention to the important points.
@STRANIM
@STRANIM Жыл бұрын
The flowchart at 17:03 was amazing
@raktimsaikia1476
@raktimsaikia1476 Жыл бұрын
Sir I'm stuck with a loan of the Byjus IAS course .They haven't provided me with books for the last 8 months I have contacted them many times but they are a scam I can provide you with proof I want to file a case and want my money back can you help me or anyone! please. I'm stuck with a loan
@snehashisbera8316
@snehashisbera8316 Жыл бұрын
#stopvivekbindra Pls look into this matter please
@DevPalliSri
@DevPalliSri Жыл бұрын
Lessons From This Case Study : 1. Never Cheat Your Customers. 2. Never Cheat Your Investors. 3. Never Cheat Government. And Finally 4. Focus On Steady Growth With Transparency, Without Cheating Yourself.
@Bhadrakalishakti
@Bhadrakalishakti Жыл бұрын
👍
@Bhadrakalishakti
@Bhadrakalishakti Жыл бұрын
Complete your sentence! First of all! Complete it with transparency
@Bhadrakalishakti
@Bhadrakalishakti Жыл бұрын
Focus on study growth WITH TRANSPARENCY IS THE MOST IMPORTANT
@naraendrareddy273
@naraendrareddy273 Жыл бұрын
​@@Bhadrakalishaktisteady*
@Ello927
@Ello927 Жыл бұрын
U would think this is the basic for any company
@Raul-vt9oz
@Raul-vt9oz Жыл бұрын
Byju's is only company that is hated by both people who used it and people who worked at it equally.
@bharathg6376
@bharathg6376 Жыл бұрын
They digged their own grave
@azharreads12345
@azharreads12345 Жыл бұрын
no sir i dont like their sales techniques but we have to acknowledge the quality of the teachers ❤
@anaghaachakrapani1510
@anaghaachakrapani1510 Жыл бұрын
I worked there and I agree
@bharathg6376
@bharathg6376 Жыл бұрын
I was part of BYJU’s for 6 years, though content is good.. aggressive selling, marketing most importantly bad accounting practices, bad culture forced them into this situation - greedy investors too
@TheContrariann
@TheContrariann Жыл бұрын
Absolutely 💯 💯 💯 💯
@vrashankraom
@vrashankraom Жыл бұрын
If byjus had just opened a KZbin channel and then hire teachers for channel eventually, he would be profitable and life would be much peaceful. He tried to expand and that is his biggest mistake. Sometimes we need to take things slow and ignore people who say to take things aggressively.
@kamalk0107
@kamalk0107 Жыл бұрын
But that wouldn't make money for the founders. Only investors lost the money on Byju's where the founders just enjoy the billionaire status and all the media attention.
@srahul842002
@srahul842002 Жыл бұрын
They are scammers , it's a shame the fraudster owner is enjoying a rich status.
@atulkumar943
@atulkumar943 Жыл бұрын
There's much more than that which made byjus where they are today
@arpitgaur4310
@arpitgaur4310 Жыл бұрын
Yeah like what pw and apni kaksha are doing
@unfilteredwithvarun
@unfilteredwithvarun Жыл бұрын
Basically the Physics wallah way
@RajeshKSV
@RajeshKSV Жыл бұрын
Couple of things which you have missed. Toxic culture in the company, malpractices, centralisation (& abuse) of power in the company by Byju's and his family. It wasn't run as a company, but more like a family business/house.
@ds60711
@ds60711 Жыл бұрын
Matlab hava mein udne lage the. Itna ghamand to ambaniji ko Bhi nahi hoga jitna ye naye startup walo ko hota...🤮🤧🤨
@BondJFK
@BondJFK Жыл бұрын
his wife and her MBA friends destroyed the company
@isodimetrix
@isodimetrix Жыл бұрын
and at the end they meet a similar fate as byjus..its only a matter of time@@vsr3777
@kingofninetails
@kingofninetails 11 ай бұрын
@@vsr3777 its not about kerala or its people. Still today there are many successful business startups by business men in Kerala.
@siliconhawk
@siliconhawk 11 ай бұрын
@@vsr3777 i am from kerala and this is very true. people here are very egoistical especially once they get their hands on money. once that happens all respect and value are thrown out of the window
@devarajd4330
@devarajd4330 Жыл бұрын
I was selected as BDA for 9LPA in 2020 and they told me to tell to parents as I'm senior mentor in byjus... they had case studies of each and every scenarios for manipulating students and their parents. I quit the job due to this bad approach literally cheating people. Once anybody signed up in byjus app we sales people use to get their mobile brand details and how much those person can afford accordingly we shld sell the product. If apple is the mobile then price will be quoted high or if Micromax user it will be less... we were trained to manipulate in any situation by creating a guilt in parents mind.. this bad is byjus and leads(customer) even if they reject that number will be passed to trainees to give try so that It can be converted... I have got lead which 4 timew parent rejected but 5th time they asked me to sell the product... byjus is not edtech company it's a sales company
@bharat-dz9wi
@bharat-dz9wi Жыл бұрын
I would go one step further and say its a marketing company. They did not need Shahrukh khan and messi for their marketing. One ad and IPL sponsorship was enough.
@booksandbulls
@booksandbulls 11 ай бұрын
Sir please help me to come out from byjus trouble 🙏🙏🙏 please sir reply me sir 😔
@nikhilPUD01
@nikhilPUD01 11 ай бұрын
This kind of fee and loan system is present in various small so-called IT institutes in various cities selling IT courses for over lakhs of rupees with a loan system, saying and promising a job guarantee after courses, Usually, non-IT students in huge numbers take these courses.
@rajeevbhaskaran2828
@rajeevbhaskaran2828 11 ай бұрын
Nowadays even people who don't own a house of their own carry an Apple phone ..surely on EMI.
@vengateshkumar1582
@vengateshkumar1582 8 ай бұрын
Byjus is big fake corporate company.i completed 5 round of interview and selected 7.5lpa.At the second day of training i resigned it.our government try to ban byjus company
@srikar9
@srikar9 Жыл бұрын
BYJU'S is nothing but reflection of Indian parents' toxic obsession for "higher grades" in pursuit of which physical and mental health along with social skills are gravely neglected.
@haseenasheik8186
@haseenasheik8186 11 ай бұрын
True
@hanishkaisrani8844
@hanishkaisrani8844 9 ай бұрын
Very true!!
@DuckBuckled
@DuckBuckled 9 ай бұрын
ongod
@RiseUp_Again
@RiseUp_Again 9 ай бұрын
This is the Central Problem, Grades have become absolute and Skill and Development is put aside. Ultimately resulting into useless Btech engineers who end up ultimately in Call Centers.
@smartinvestor6005
@smartinvestor6005 5 ай бұрын
True
@vickythaya4451
@vickythaya4451 11 ай бұрын
My cousin was working at Byju's and he told me that those sales people will lie about anything to make parents sign up. Poor people were mercilessly targeted by this monster of a company that has no morals whatsoever!
@merik6131
@merik6131 8 ай бұрын
I guess they r not forcing the parents to sign.. it's marketing skill
@confluenceinfinance8881
@confluenceinfinance8881 7 ай бұрын
There is never a single company on earth that has been successful by cheating its own clients. From Jet Airways to Byju's due to their own greed and "market expansion" notion - will they continue to fail. Everyone eventually starts out good - but what goes on during their good days is what matters for the health of its firm and operations. Byju fell victim to fame and money and I'm certain when ED is involved in Byju's - he's gonna end up in jail and there won't be any bail given for years.
@KuldeepRawat.1223
@KuldeepRawat.1223 6 ай бұрын
Kabhi mat lena totally fraud hai koi bhi inse contect nahi kar sakta garib logo ka paisa le lete hai bhagwan inke ghar main bhi kabhi barkat na ho
@joemerinjoseph2669
@joemerinjoseph2669 Жыл бұрын
Byjus missed even the first step : training and development of employees.
@bharat-dz9wi
@bharat-dz9wi Жыл бұрын
More than that this case proves that even if you meet your sales targets you can still fail. Sales targets are the root of all problems, indian corporations really need to let go off sales target practises.
@Akpar11
@Akpar11 Жыл бұрын
Many indian startups are gonna have the same fate! Ethics are number one when it comes to business otherwise long term consequences will be incredible.
@tbraghavendran
@tbraghavendran Жыл бұрын
You are cursing them?
@prabhakar0076
@prabhakar0076 Жыл бұрын
​@@tbraghavendran😂😂 May be he was the customer
@rishabhdowarah663
@rishabhdowarah663 11 ай бұрын
@@tbraghavendranso you want these startups to be unethical?
@Life_is_miraculus
@Life_is_miraculus 10 ай бұрын
Ethics? As if Ambani's and adhanis are doing that infact if we see the history of tata group as a whole instead of just praising a individual like rathan tata alone even the tata group were not fully ethical infact if you look at India's top 20 richest people most of them excluding few had become rich by smuggling opium from India during the British raj These new startup ceo's just don't have the cunningness of these business tycoons so they failed that's all it has nothing to do with ethics
@tbraghavendran
@tbraghavendran 10 ай бұрын
@@rishabhdowarah663 No, I want them to be ethical. I have been in sales and the strategies almost all major brands deploy can't be categorized as ethical.
@zerin.
@zerin. Жыл бұрын
post covid - with all their money byjus could have built schools with best teachers . and free schools for poor from their profits lekin nahi.. IPL , sharuk , mohan lal , chiranjevi , Messi.
@codebasics
@codebasics 11 ай бұрын
In modern era, any company which focuses on only gorilla marketing/sales tactics instead of product or service offering are destined to FAIL!
@linkedinuser581
@linkedinuser581 Жыл бұрын
Reasons why Byjus failed 1. Toxic work culture 2. Terrible customer support ( Not paying refunds back) 3. Tricking people and enrolling in loans without their proper consent. 4. Instilling fear in parents mind. 5.Not paying employees properly. 6.Acquiring white hat jr which already had a negative publicity. 7.Aggressive marketing 8. Unethical sales practices
@jigyashusuman5310
@jigyashusuman5310 Жыл бұрын
Byjus have very bad hiring process..
@jackrulz08
@jackrulz08 Жыл бұрын
What this guy Byju mad ? forcing his education products .. even a noneducated guy could make better business than him
@bharath2508
@bharath2508 Жыл бұрын
Exactly
@pidttabh1122
@pidttabh1122 Жыл бұрын
Aggressive Marketing is like an epidemic in India, every company sets almost impossible targets for sales parsons.
@nadhasthirundhitan
@nadhasthirundhitan Жыл бұрын
I feel for the employees ..but thank God Customers realized their worth.
@saibharathan531
@saibharathan531 Жыл бұрын
Bought into BYJU’S three year plan for my child. Right from the way the deal was closed with me there was a difference between promise and delivery. There is no mentoring as projected. Random calls from some kind of call centre sounding person claiming to check on child’s use of the app. Every call is a different person claiming to be the teacher in charge.the BYJU’S tablet and the whole thing was abandoned couple of months into the three year program 😢. My money went to shah rukh Khan. Or still worse overseas to messi. The biggest scam to have been perpetrated on the indian education system
@voyagerrj17
@voyagerrj17 10 ай бұрын
😂well it's you who chose to buy the plan... why spend so much on an app which doesn't even do what its actual physical counterpart can do.
@cg8397
@cg8397 8 ай бұрын
​@@voyagerrj17Pandemic messed with the minds of a lot of Indian parents
@zerin.
@zerin. Жыл бұрын
iam extremly happy Byju's failed. my sister worked there & she faced toxic work ethics & Targets by scamming poor parents by Loan.
@harshith4484
@harshith4484 Жыл бұрын
Case study summary: A company lacking in values is like a building without a foundation , vulnerable to collapse
@prasanthsm
@prasanthsm Жыл бұрын
Main reason of a company failing is desire to grow big in a short span of time and not considering the chances of failing . The more you rise the more you need to make sure your fundamentals are right. Moreover a educational place like baiju should have invested their money in weaker sections of our community. They could have shared their resources for uplifting kids who are in dire need of support . It's such a waste investing money in cricket , film stars etc for increasing brand value
@SarveshChougule-dk9wr
@SarveshChougule-dk9wr Жыл бұрын
Lesson learnt: Sometimes it's easy to make money but very difficult to keep.
@tonystark8992
@tonystark8992 Жыл бұрын
Sir, I would like to request you to make a video on upgrad, as it is a matter of concern for many working professionals. It seems that upgrad is using sales tactics to lure people into paying for courses that are not worth their money. This is a very unfortunate situation, as it affects the careers and finances of many hardworking individuals. I hope you can expose this issue and help others avoid falling for such scams. Thank you for your attention and service
@bharat-dz9wi
@bharat-dz9wi Жыл бұрын
There many such courses on the internet not worth people's time. I request you to find a good Business school and learn there. The amount of projects and research you do will help you. These useless courses will teach you nothing. If you are doing something like CA then do it with an actual tutor who costs economical. Old school tutions are still much better than going to an institutions whom you pay lakhs of rupees and are online. India has many teacher who are amazing.
@tonystark8992
@tonystark8992 11 ай бұрын
I got enrolled there by looking at the names of best business schools and other top universities, because of this reason everyone is attracted to their courses as the certification is provided by those top b-schools and universities @@bharat-dz9wi
@dibyendugoswami-l7r
@dibyendugoswami-l7r Жыл бұрын
I had also enrolled myself in Byjus. At that i was in 7th grade and had taken the course for 2 yrs. Let me tell you, they are just opposite to what they promise to you. We had opted for loan. Before the due date of every month, their so called "Personal Mentor" would call you and ask about your progress and doubts. I mean if you are paying nearly 50,000 Rs, you would expect the "personal mentor" service to be quick and handy. I had actually performed very bad during those years. I am glad, my parents didn't for their 5yr course.
@known878
@known878 9 ай бұрын
Bro i have literally same story as yours 😅
@purnendudas4429
@purnendudas4429 9 ай бұрын
Dude we are frr same, i also have the same story😂😂
@Doggo_is_sus
@Doggo_is_sus 4 ай бұрын
Literally me 😂
@issacalexander4979
@issacalexander4979 Жыл бұрын
Same is story with Skill lync, where students including me were forced to take their courses and trapped us into loans. They gave false informations and job promises.
@somnath1235
@somnath1235 Жыл бұрын
Uncontrollable greed... Feel bad for those who suffered
@sambitchakraborty6996
@sambitchakraborty6996 Жыл бұрын
Man I got a headache till the end of the episode, god knows what the management must be going through on a daily basis.😅😅
@LifeGeneralist
@LifeGeneralist Жыл бұрын
Management is the cause of those problems in the first place
@bharat-dz9wi
@bharat-dz9wi Жыл бұрын
The main problem was the targets. Sales targets are horrible. Why i say this, it creates am environment of competion hence cannibalism will take place in the company with the customers. Employees will start stealing and cheating to get their targets met. Revenue is not everything you might be happy with 15% or 30% increase in revenue but more you have the more you need to spend proportionately as taxes and other cost will increase which was the desired result, revenue spike. Lastly you need to take loans within mean, byjus wanted to leverage their money to make the maximum amount, but as seen they were well below their means to do so. I would argue the accounting was just a small part of the puzzle that lead to their down fall. I knew subconsciously that byjus will fall by the way they had a bad corporate culture and the marketing gimmicks they employed. Signing Shahrukh khan and messi were simply marketing gimmicks, IPL sponsorship was more than enough for marketing.
@siliconhawk
@siliconhawk 11 ай бұрын
play stupid games, win stupid prices. they assumed their customer base was stupid well we all see how that turned out.
@rohitn6333
@rohitn6333 10 ай бұрын
Exactly bro i had to re-watch multiple times to actually keep up
@matchbox919
@matchbox919 10 ай бұрын
My current manager was working for ByJus.. after working with him for an year i am saying this: there is no wondering that company was gone 😂😂😂. Total nonsense and unfit management 😂😂😂
@rohannegi5916
@rohannegi5916 Жыл бұрын
Byju Raveendran became Death the destroyer of his own company
@pranshu2op
@pranshu2op Жыл бұрын
~ oppenheimer
@akhripasta2670
@akhripasta2670 7 ай бұрын
~Bhagavad Gita
@anuragc1565
@anuragc1565 11 ай бұрын
in a nutshell Byju's case is : TOO MUCH TOO SOON. THEY WENT FROM HIRING MESSI TO BEING MESSY
@adhnaanahmed5029
@adhnaanahmed5029 Жыл бұрын
Hey ganesh,pls make case study on physics wallah rise and how it is changing and impacting ed tech space.and their super advantages of what they have which other ed stech startups don't have.
@prabhakar0076
@prabhakar0076 Жыл бұрын
😂😂😂 In the same path offline, why a KZbin channel needs offline tuitions halls
@vinayhegde1441
@vinayhegde1441 Жыл бұрын
​@prabhakar0076 Exactly... Majority Sales teams of Indian companies fall behind you like your relatives for the marriage topic... Never stop calling you...
@BharatOp007
@BharatOp007 10 ай бұрын
​@@prabhakar0076 alakh sir told why he opened offline centres in a video go and watch it Pw is best platform for studying ❤
@sourabhvastrad6033
@sourabhvastrad6033 Жыл бұрын
I have been working into sales industry since a year now , when ever someone comes from byjus to our company they have been respectful than us , just because they have come from byjus , it’s their statement they used to force parents to buy the course jsut to complete their targets and they have to do false sales too. No one takes actions towards it and the salesperson is proud of what he done in the job journey , both doesn’t think about the parents the byjus nor the sales person
@pramodtamang7058
@pramodtamang7058 Жыл бұрын
Thank you for bringing this case study. I appreciate you and your team hardwork.
@sumitkumarahluwalia
@sumitkumarahluwalia 11 ай бұрын
This type of content is rare on any platform...hatts off to your hard work...great video ..Thanks.
@surendrabhople4345
@surendrabhople4345 Жыл бұрын
फारच छान आहे case study...प्रत्येकाने शिकल पाहिजे, कसा धंदा नुकसानीचा होतो ते.
@samedu5163
@samedu5163 Жыл бұрын
So much to learn from this case study...you articulated it so well❤😊thank you for your precious insights 🙏
@therandomthings6933
@therandomthings6933 Жыл бұрын
founders and big investors are misusing invested money it seems. Who will spend 2500cr on ad/campaigns when their income is 2400cr. By seeing companie’s financial numbers, these seems aren’t really losses. RBI and SEBI definitely need to look into this.
@shre6619
@shre6619 Жыл бұрын
Its a private company, SEBI cant do anything. And they took, international loans, not from SBI, PNB, so RBI cant do anything
@nishantjose6268
@nishantjose6268 Жыл бұрын
Another amazing and unique content from Ganesh Bhai & Think School team...but was more sad and curious to know about its story as many called BYJU's a scam
@adityagupta8378
@adityagupta8378 Жыл бұрын
They are a scam that's why people call them scam
@nishantjose6268
@nishantjose6268 Жыл бұрын
@@adityagupta8378 once a unicorn now a scam 😢
@vishwanathan94
@vishwanathan94 Жыл бұрын
This is what happens when Greed is marketed as Service. They became too greedy over the course of time. EDUCATION SHOULD NOT BE BUSINESS!!
@karthiknatarajan8337
@karthiknatarajan8337 11 ай бұрын
Your videos are awesome. Your way of presentation is great. Hats off to you.
@poorviharini7009
@poorviharini7009 10 ай бұрын
finally, when you succeed in business you become a roll model if not you'll become a case study
@rohitsalunkhe2022
@rohitsalunkhe2022 11 ай бұрын
When you explain well, I immediately understand what you said, even though my English is not that good, thank you very much for this
@sunilswami3781
@sunilswami3781 11 ай бұрын
Had the similar experience with the BYJU UPSC team. First asked to give a free test in return for scholarship/fellowship. Then they said you have got the scholarship and it is adjusted in your course fees. So pls subscribe to the discounted course. 😂😂.. When I said I didn't want a course, the salesman started yelling and blaming me for wasting their scholarship/fellowship which apparently they used to subtract from a course you never wanted.
@himanimore8636
@himanimore8636 11 ай бұрын
True… deny their product and their salesman starts yelling
@siddharthbharadwajkv6670
@siddharthbharadwajkv6670 11 ай бұрын
Shoulda started yelling back at him
@nagfaang9078
@nagfaang9078 Жыл бұрын
Quick correction: the interest rate increase mentioned around 18 mins in this video is due to feds in the US increasing the interest due to raising inflation domestically, and not due to the Ukraine war like it was mentioned in the video
@ecoideazventures6417
@ecoideazventures6417 10 ай бұрын
Really? please double check why the US Fed had to increase the interest rate?
@prateekshinde88
@prateekshinde88 11 ай бұрын
I was present at my uncle's place when a Byju's salesperson came to sell this to his 3 children. At that time my uncle had cancer and he passed away 2 years back. While selling the course my uncle literally asked him that please try to understand my treatment is more important and i cant buy this for my 3 children. What will be the use of this if I buy this but i wont be here anymore for them. You know what the salesperson still kept selling. I was so pissed off i had to ask him to leave and understand what he was trying to say. That was the moment i understood the reality of Byju's. They looked at even a medically ill person as a revenue target.
@_the_random_girl
@_the_random_girl 4 ай бұрын
As a former employee of byju's , I noticed that the customer never has the proper information and there was so many complications. Never a good look on the company. The data was not properly maintained and the resources were not properly used either.
@TheCrules
@TheCrules 11 ай бұрын
Having many of friends working at Byju's across different department, i would say "pay your employees well or else dont side corner them into deliver more and more".
@illusionslayer6173
@illusionslayer6173 9 ай бұрын
6:46 this is soo damn true i've been a victim to this, No matter what you know during your first interview with the personnel they ask questions you might not be aware of and later scare both the parents for their child's future and in a way force/trick them into buying their courses. Luckily my mom was a bit clever and rebellious one and with his departure she identified the red flag and i chose Vedantu instead.
@abhaykapoor
@abhaykapoor Жыл бұрын
Byju's spent heavily on marketing and in the process they failed to realise they needed to fix their sales practices, and it is in mid of a disaster today followed by other events discussed in the video. What I have learned from markets in the last 3 years is- Raising Millions and burning it in operations in the hope of making profits someday doesn't works for each business. So try to focus on sustainable growth, and that's what we are trying to incorporate in our new venture. O Now I realised I started writing a LinkedIn post😅, Kudos Think School, great video🔥
@DR02S
@DR02S 10 ай бұрын
I remember thinking this company's story just sounds too good to be true and always felt it this company was bound to tank. In the past decade, I have advised countless of my known people to avoid working for BYJU's. Glad to know I was not wrong.
@VivekKosuru
@VivekKosuru Жыл бұрын
My parents are teachers in government school Andhra Pradesh, they've received byjus tablets and courses for 6-10th classes. The content is subpar and doesn't even cover most of the topic included in the textbook. Even the students are not utilising them and selling them for money😂
@VivekKosuru
@VivekKosuru Жыл бұрын
​@@RikMahantaOfficial education and learning scheme from government
@shannu1927
@shannu1927 Жыл бұрын
​@@RikMahantaOfficialyeah they had deal with ap govt
@itsgood3494
@itsgood3494 Жыл бұрын
​@@RikMahantaOfficialUr Kelo Hobo Govt is worst Throw that women out of power u will see ur WB getting its Glory back
@ofAwxen
@ofAwxen Жыл бұрын
this sounds like crony captialism at its worst. Taxpayers are basically forced to pay for Byju's for subpar services.
@TheCAOdyssey
@TheCAOdyssey 4 ай бұрын
5 years ago, Literally they made me sob by coming to home making me feel like a fool. Oh my god....They literally told me that I should buy their class or else I end up nowhere. I wish I should have outspoken little me just felt worthless . They literally asked me questions from physics when I am commerce student saying that everything I know is wrong, infront of my parents wasting 2 hr of mine I just installed Byju's and searched to find something helpful but they called me repeatedly , I uninstalled the app. But oneday my mom innocently picked that up they said I am selected for scholarship and my mom believed that and gave them our address. I know it's not appropriate to feel like this but I am glad for their downfall honestly 😅 Oh god the way they said that I lack this & that . They asked me what I want to become in future I replied CA but they said I can never be one , The drama that happened that day.......oh god the marketting team is cruel to students.
@sumannj7523
@sumannj7523 Жыл бұрын
From almost 6 years im watching KZbin but. I’m have watched every single video of yours from past 1.5 years You are first person in my entire KZbin history i have subscribed your channel ✨
@vinomax347
@vinomax347 Жыл бұрын
ok, we will arrange one award function for you
@sankarkumar9702
@sankarkumar9702 9 ай бұрын
​Sure we will. Flowers and crackers🎉 Lol@@vinomax347
@Instareelsssss
@Instareelsssss Жыл бұрын
Rather focusing on advertisement, if they really focused on improving the content , then today byjus would be the best company in india
@siddheshk6943
@siddheshk6943 Жыл бұрын
Exactly what people miss in this saga.
@KhajaQhaviuddin
@KhajaQhaviuddin Жыл бұрын
00:04 BYJU'S faced a dramatic downturn in the last two years 02:19 Insurance industry can be deceptive and confusing for consumers. 04:25 BYJU'S saw exponential user growth and revenue increase from 2016 to 2022. 06:38 BYJU'S sales tactics created a negative perception and eroded trust 08:46 BYJU'S lending partnerships led to loan defaults and loss of customer trust. 10:48 BYJU'S revenue recognition violated business fundamentals 12:43 BYJU'S saw significant revenue decline in India but substantial growth in the US and Middle East. 14:48 Term Loan B payment structure and risk for lenders 16:56 BYJU'S faced financial challenges and defaulted on loan repayments. 18:51 BYJU'S facing legal issues, financial struggles, and market challenges
@harshjc1319
@harshjc1319 Жыл бұрын
You are doing an incredible job Sir, really really love the content you put out, you are very amazing and helpful and your videos likewise, thank you so so much for doing what you do, lots and lots of love, support and appreciation from my side!!! I feel super lucky to be learning from you:)
@hanu9889
@hanu9889 9 ай бұрын
Hey Team Think School I've been a fan of your insightful financial contents. Your ability to break down complex topics is impressive. Could you please consider creating a video on the current Andhra Pradesh Pradesh financial position? Your expertise would be invaluable in helping the citizens of the state to understand and navigate the economic landscape. Looking forward to another enlightening video as the current media has totally confused everyone.
@ASF_CS
@ASF_CS Жыл бұрын
When we miss the basics then it turns into an impalpable mess with makes a deep channel of the bottomless miseries and we don't even know when the melodious song of our flight shift into a situation of fight for our survival that is -Do or Die .
@TN-ii8js
@TN-ii8js Жыл бұрын
In this area of ed tech firm or providing education 3 model or approach by 3 people 1.physics wala 2. Khan sir 3.byjus See their approach their motivation and their valus they stood for and last thier situation in market now😊
@gayatri555
@gayatri555 11 ай бұрын
Khan academy
@ramtejamaddala3259
@ramtejamaddala3259 11 ай бұрын
Even when I first saw Byju's ad on TV with Shahrukh Khan, I was unimpressed about school tuition being hyped so highly, and the amount they would have spilled for the ad. Tuition is the last thing anyone can do to a school kid's growth, as if school is the end of their life. And the ad straightaway showed the way they're spilling money on facades and glitters over value-material aspects. Only professional tech courses for upskilling at jobs are worthy of online model in my opinion. And this video exposed me to how badly sales and marketing teams can lie and ruin both customers and the company. I'm not an MBA but am surprised if MBA sales or marketing teaches people to think about money and selling without any common sense and ethics. Selling needs diplomacy, but it must be rational, empowering and an honest reality. Common sense tells to desert sellers that sell lies or exaggerate negatives, and sales mustn't expect people to be fools without this knowledge. And apparently, Byju's ruined not just itself but also Aakash institute wbcih was performing decently well.
@kalikaprasad1388
@kalikaprasad1388 11 ай бұрын
I have been a sales person for 25 years. But I have experienced the worst telesales call from byzus. Though it happened 2 years ago but i m still bitter about that experience
@LolLelLuL
@LolLelLuL 11 ай бұрын
Moral: earn money by sweating, not by sitting in a/c room
@ibrahimEmine-tx4xd
@ibrahimEmine-tx4xd 5 ай бұрын
The way 4RA displays stats and info, makes deciding bets so much easier!
@aniketranjan2152
@aniketranjan2152 Жыл бұрын
Was always waiting for this one Thank u ganesh sir Hope u will cover more cases of failure in business and geopolitics Thanks a ton ❤
@nivedita8550
@nivedita8550 7 ай бұрын
Thank you so much sir for decoding their downfall. It's very helpful for us to understand the core reasons.
@aruji-sama
@aruji-sama Жыл бұрын
I only pray byju doesnt die before my course ends
@hanu9889
@hanu9889 9 ай бұрын
Hey Team Think School Kindly consider my request ASAP. I've been a fan of your insightful financial contents. Your ability to break down complex topics is highly impressive. Could you please consider creating a video on the current Andhra Pradesh financial position? Your expertise would be invaluable in helping the citizens of the state to understand and navigate the economic landscape as the state as it is having the elections in a month as the current media has totally confused everyone. Kindly consider my request ASAP with an enlightening video for the sake of the YOUTH to awake on the current realistic scenario.
@maggilikhitapudi
@maggilikhitapudi 11 ай бұрын
I've been neglecting to watch this vid all this time just coz I was a Byju's student till last dec and I didn't wanna know abt failure. But looking at how the faculty such a Sarmad sir, Shyam Sir and now even Chetan sir moved to unacademy , I immediately came here. Anyhow through this vid it all makes sense. Nice Case Study.
@arvindks9116
@arvindks9116 5 ай бұрын
There was a time back in 2011 I looked up to Byju as an inspiration. Had taken his CAT classes and I admired the way it was conducted -- Teach in Bangalore in person, but his video classes where played all across major cities. Too bad, his greed and probably his management skills gave in. Perhaps this is the difference between someone who did an MBA versus someone who qualified but never bothered to do?
@Geopolitics-Naman
@Geopolitics-Naman Жыл бұрын
Genuine source of knowledge 🎉
@iLearnings
@iLearnings 11 ай бұрын
Most informative video seen on case study of Byjus. As an Edtech Startup we always focus on our content and don’t run behind money.
@CaNiravPanchal
@CaNiravPanchal Жыл бұрын
Ganesh You are only youtuber i literally have love & tremendous respect from the bottom of my heart. Whenever your video arises on any topic I'm confident that yours is the only video I've to watch to get complete,unbiased,smooth, insightful information & facts. Thanks man🙏
@ajinkya3780
@ajinkya3780 Жыл бұрын
Never ever love any random KZbinr. They are here to earn money and not social service. Any KZbinr can get corrupt whenever the opportunity comes. ALWAYS KEEP YOUR DOUBTS ALIVE !!
@jackrulz08
@jackrulz08 Жыл бұрын
Exactly as the insurance advertising he did saying they will help you choose product, but that every insurance seller days explaining which is good product in terms of money and on top of that Ganesh claiming his family has ditto insurance 😂
@rp10304
@rp10304 11 ай бұрын
A successful Business leader need to be a visionary and a person who is willing to giving back to the society. When business idea revolves around earring money, it's bound to fail and collapse. With 12M subscription they could have revolutioned the edtech with 1. Good teaching techniques- empowering kids with knowledge and providing wisdom to their curiousity 2. Bare minimum course fee, providing scholarship and free courses. 3. Wrong advertising/ branding efforts. In the online world doing physical marketing.. infact advertiser would have reached out to them. 4. Rathen than acquiring other players in the market, they could have collaborated with others with tie up and profit sharing options.
@Jai_BharatMata
@Jai_BharatMata Жыл бұрын
The people who worked at Byjus and who had bought byjus for their kids will give you the reason... Its KARMA ❤😂
@adilllllllllll
@adilllllllllll Жыл бұрын
Thanks for ditto ....I was searching for one company like it
@ANTIMANNER_GAMING
@ANTIMANNER_GAMING 10 ай бұрын
A salesperson came to my friends village and sold a plan to a Highschool girl who at that time didn't know what Science/Commerce/Arts stream was. She belonged to a poor family but she was determined to take the course. The father took a loan of ₹78K. I didn't know how much merit she had until later i realised she took the course only for the free tablet Byju's gave. She bought the Science course and took Arts for Higher education 😂
@soumyajeetchakrabarty6872
@soumyajeetchakrabarty6872 5 ай бұрын
This has been very very insightful
@VijaySharma-zd6sb
@VijaySharma-zd6sb Жыл бұрын
A minor correction. FLDG stands for First Loss Default Guarantee not First Loss Deposit Guarantee.
@Amoghhooli
@Amoghhooli 11 ай бұрын
I requst Think School team to make episodes on healthcare buisnesses as well
@has_xtar
@has_xtar Жыл бұрын
I love you Sir I am biggest fan of you, and I always watch your videos very carefully love you sir ❤
@srinivasankrishnaiyengar3266
@srinivasankrishnaiyengar3266 Жыл бұрын
11:36 A revenue for 2021 for a 3 year course is still a revenue for 2021 according to Income Tax. How does it show an inflated Balance Sheet?
@aryanabdulpurkar7373
@aryanabdulpurkar7373 Жыл бұрын
Everytime I go to a stationary, departmental or an electronics store, before buying, I check where these products are manufactured, many made in India, China ofc. But, there were a big chunk of goods like calculators, printers mainly corporate goods that were made in Malaysia, Thailand, Vietnam, or Indonesia. Please make video on manufacturing in ASEAN countries
@rajatjain_7
@rajatjain_7 Жыл бұрын
First time (I'm surprised to say) I liked the POV since it was simply an expression of one's thoughts - @Suhel is truly a conversationalist
@Param.G.C
@Param.G.C Жыл бұрын
When Sharuk Khan advertise something then think twice to purchase it ✅💀
@slaer
@slaer Жыл бұрын
When Shahrukh endorses/advertises Educational institute
@Param.G.C
@Param.G.C Жыл бұрын
​@@slaer he also does Gutka/Pan masala ads. Everyone knows what his ethics are 🤑🤑💰
@slaer
@slaer Жыл бұрын
@@Param.G.C well warning is written on Pan Masala and gutkha. Not on Educational institutes
@shinigamiryuk864
@shinigamiryuk864 Жыл бұрын
His fans r the biggest clowns 🤡
@slaer
@slaer Жыл бұрын
@@shinigamiryuk864 famous celebrity aur uske fans ko cringe bol deta hoon, sabko cool lagunga
@noor366
@noor366 2 ай бұрын
Just amazed with the information 👏
@priyanshchanchani
@priyanshchanchani Жыл бұрын
With the entry of Ranjan Pai of Manipal, they surely have either delayed their demise or maybe a sigh of relief or could be up for sale. They don't have to lose Aakash Institute, their crown jewel. A wonderful study and well researched as always! 😁🧿
@PD_incredible
@PD_incredible Жыл бұрын
Brilliant video. Very well explained 👍✅ Ganesh, you are amazing.
@Vy-23
@Vy-23 Жыл бұрын
I do not know how investors can give money and book such high losses.
@sohagmiah1857
@sohagmiah1857 11 ай бұрын
Excellent explanation sir
@himansh4812
@himansh4812 Жыл бұрын
I support Sandeep Maheshwari. I support vivek Bindra. 🤡 Think school viewers : chal nikal, Pehli phirsat me nikal.
@infotechoverloaded721
@infotechoverloaded721 Жыл бұрын
Doglapan
@rahulrohra566
@rahulrohra566 11 ай бұрын
id like to see a case study video on asian paints - they were one of the only public companies outside the pharma space to do well/be ok/comfortable during peak covid lockdown in 2020
@Bankerbhai78
@Bankerbhai78 Жыл бұрын
Its the result of aggressive unethical and student destructive businesses strategy. Such strategies seem to be working initially but later on it collapses. Byjus is just a small example
@suraj2533
@suraj2533 11 ай бұрын
Lesson learned “We should look for steady growth instead of sudden growth..!!”
@Niteshnshah
@Niteshnshah Жыл бұрын
Let me first make your KZbin baba happy before I forgot to do so & feel lost in your mesmerising video...
@komalmestry9563
@komalmestry9563 11 ай бұрын
i worked in byjus customer service last year n man it was frustrating....... i felt so good leaving my job
@dinesh-zo1bo
@dinesh-zo1bo Жыл бұрын
The bad practices by sales person are true. One of my close friends worked in sales for them.
@anshulkalra9099
@anshulkalra9099 11 ай бұрын
Great analysis! Well done
@vaibhavdesai16
@vaibhavdesai16 Жыл бұрын
Unpopular opinion : Cred will also fail to generate profit and will be sold for lower than current valuation..!!
@bhoopesh.p.4645
@bhoopesh.p.4645 Жыл бұрын
Cred feels like marketing company
@nitinsharma93ful
@nitinsharma93ful Жыл бұрын
Great work done by the ThinkSchool Team :)
@siranjeevi.B
@siranjeevi.B Жыл бұрын
I don't know why every investors are investing in loss making company this days like ignoring the basis of investing 🤣🤣😑😑😅😅
@suyogbakliwal11
@suyogbakliwal11 Жыл бұрын
No business or empire can prosper from fraud or scam. Trust, the cornerstone of success, is the most vital asset for any flourishing venture. As Warren Buffett wisely puts it, 'It takes 20 years to build a reputation and five minutes to ruin it.'
@robertkukz5145
@robertkukz5145 Жыл бұрын
After the FTX crash, I find it challenging to trust companies that invest heavily in advertising. And now Biju but luckily IDH anything to lose on Biju.
@DP-qk9sl
@DP-qk9sl Жыл бұрын
I am not business analyst but what i have observed in many edtech startup is that they start with good business and very good education but once they reach to some height they all suddenly want to expand in every domain of education that means they do not focuse on their main domain which they initially started and due to this they start performing worst in every domain despite having best of best teachers in their portfolio. Just like Byjus PW also started expanding in every domain of education from ssc to UPSC . And this sudden expansion is one of reason of almost every ed tech startup I know i may be wrong but this is the same story of unacademy. May be this is some kind of point which needs to be break by taking more time rather than expanding a business with exponential graph. Let's hope PW won't repeat same story but i have doubt as Alakh sir is good in JEE but the same Alakh sir may not be as good in NEET, UPSC etc and good in
@Mohit_Yadav168
@Mohit_Yadav168 Жыл бұрын
Considering their super toxic work culture and expensive courses/subscriptions, this was bound to happen someday just like Bada Business. #stopvivekbindra #stopbusinessscams
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