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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Пікірлер: 742
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
Ай бұрын
I’m holding myself back from commenting to your post
@agi9916
Ай бұрын
@@gomzitoocoolguess wt you failed🗣️🗣️
@bhaveshkhilare
Ай бұрын
Think school please take this Comment seriously, podcast is too long this one helps
@agi9916
Ай бұрын
@@bhaveshkhilare dude there are timestamps
@Buzzle420
Ай бұрын
🤦♂️law d a
"TN is number 2 because of seeds sown by Kamarajar, not because of CMs that came after that" finally someone said it🔥👏
@imayatube
Ай бұрын
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
Ай бұрын
@@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
Ай бұрын
@@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
Ай бұрын
And J Sai Deepak said Annamalai as Kamaraj 2.0
@gokuls9062
Ай бұрын
@@SnehaSingh-qw2id he blenders nonsense
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
Ай бұрын
Very good 👌
@heerthirajah1661
Ай бұрын
Kudoos to you bruh 🎉🎉
@kumarvijay8865
Ай бұрын
U r living the real life
@heerthirajah1661
Ай бұрын
@@kumarvijay8865 exactly 💯
@listen-with-me
Ай бұрын
Bro please don't try to get married and spoil your happiness
Ganesh finally i heard your Tamil “ yaaru sir antha nalu Peru “ ❤❤❤
@zero-doc
Ай бұрын
Where?
@suhanirastogi4303
Ай бұрын
17:32
@jagatheshs4566
Ай бұрын
@@suhanirastogi4303 ganeshku tamil theriyuma?
@funnyworld2436
Ай бұрын
His hometown chennai although he grew up in mumbai@@jagatheshs4566
@gokuls9062
Ай бұрын
@@jagatheshs4566he's tamil who grew up in Pune
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....
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
Ай бұрын
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
Ай бұрын
True words
@NerdCentral_
Ай бұрын
@@abhinavagarwal3755why UP people don’t like INC
@shreyassharma3194
Ай бұрын
@@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_
Ай бұрын
@@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
The only thing I learnt here No Risk No story !!!. Thanku so much Ganesh sir for the podcast ❤
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.
Generally I don't get inspire from anyone, but He is my inspiration......
Its astonishing that he said no one knows Kamaraj! Shows how our school system has failed us
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.
@RVI123
Ай бұрын
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 ???
This man has changed my mindset and it's really life changer..🎉🎉🎉❤
0:00. Oh two hours 🥱🥱🥱 2:00:00 its over 🥹🥹🥹🫡🫡🫡 Man sit next to Sir Dr APJ abdul kalam at all....😍😍😍😍
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
Ай бұрын
So true....
@vipashapmehta
Ай бұрын
💯
@delwyndsouza8387
Ай бұрын
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
Ай бұрын
I totally agree.
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.
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❤
I’m Andrew Paito from Kampala Uganda. Thank you for this electric show. I have surely been inspired.
@adelabuidris6292
Ай бұрын
Hi brother, from Nigeria Can I ask a question Do Ugandans eat lentils and chickpeas
@BondRulz
19 күн бұрын
@@adelabuidris6292yes they eat...I was in uganda for two years.
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
"yaaru sir antha nalu per" - This was the best part of the podcast. Need more of this :)
@HariKrishna-lk5wx
23 күн бұрын
Time stamp pls??
@lakshmanank3206
18 күн бұрын
@@HariKrishna-lk5wx 17:22
Indian business podcast is the next big thing❤️❤️ it's just so so so good and relevant
Really...the podocast uncovered the intellegence of the guest 🎉🎉
Tamil has many good films.. y no one found this as the best script..
Hardwork + consistent + discipline + specific knowledge + focus + luck= dr velumani
13.50 Positive mindset 🚫 State Of GRATITUDE ✅✅
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.
It was so refreshing to hear your tamil Ganesh! 😄Going to write this in front of my table and look at it daily- Yaru sir antha naalu peru :)
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. ❤😊
The amount of authenticity and honesty he has!❤️🌻🔥
Sir Dr. Velummani, is a truly inspiring Man, honestly didn't give myself any chance to skip for even a second.
Listening to Dr.Velumani is like listening to late Dr.A P J Abdul Kalam ...
He is such an honest man and so proud of his journey and he should be.
Pure bliss, watched this full 2 hours episode. Actually way way better than reels !!
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
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.
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!!!
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!
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.
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"
This is not just a podcast but pure wisdom. All rounded episode on the chapter called LIFE. Thank you @ThinkSchool
What a guy! Real deal. Deserves all the respect from everyone and anyone.
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.
This man is amazing.. each word out from him is lovable..
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 ✨
I Wish the podcast never ended. Saying from my heart. Just loved it. This is a 💎. I normally never comment. Brilliant Work .
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!!
Richest content ever consumed, thankyou Ganesh and team❤
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 !
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!!
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... ❤
This podcast is like an Autobiography 🎉🎉 loved it.
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.
Wow, nice to hear Tamil from u Ganesh ❤
Great Podcast! Thanks "Think School" for all the Learnings. Dr. Velumani is truly inspirational!❤
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.
wow sir... you know tamil and speak tamil very nice.Thank you very much sir....i very happy and proud that you understand and reply in tamil language.....
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..🙌
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.
Ganesh… thoroughly enjoyed the session . Very passionate person
A movie must be made on this amazing gentleman by a really committed producer/director and i am sure it will be a hit and it be very educative for all of us!JaiHind!
@jothimani860
Ай бұрын
Title would be "Plate and Slate"
PLEASE BRING YOUR BUSINESS CASE STUDIES VIDEO BACK... THEY ARE REALLY HELPFUL 😢❤
Man, this was much needed. Very well crafted podcast
1.55.10 Summary 😢😢 Family is everything
God bless you think school.. you are doing Gods work. You are meant for this.. keep going..
Seriously..best educational and informative podcast ever 🔥🔥 thanks to both of you
Such a wise and thrill monger man 🫡🫡 What a podcast !!!!! Think School just levelling up with the podcasts
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.
Very accomplished person. Thanks for hosting him ❤
Very very inspiring thank you so much for such a good podcast. Keep going man. Best one.
One of the best podcast I have ever seen.... thanks to bring him on your show...❤
I have never watched anything this long without skipping other than a movie , so encouraging, motivated
It's very inspired. His school days memory were recollects my school days memory.
Omg , the every situation turns to movie pictured and turns to goosebumps to our own self....the mind set and dedication pays off unknowingly❤ ❤❤
1.01.06 Good summary of what happened and how simens and Velumani both won and adopted the technology and situation of that time😊😊😊 Next time while Ganesh bro....Ask ur guests to include the years while telling their Journey 😊
I have watched this video multiple times now.. what an inspiration.
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!
This Wisdom shared by him is priceless
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
❤ Excellent Job 👏🏽 Well prepared interview. I listened to Dr. Velumani at length for the 1st time. Unique life lessons
Watching from Bihar, and the struggle is so relatable.
Long form content survives, because of content like these. Exceptional session.
1.36.14 ENOUGH TO MAKE a biopic and add these dialogues of THRILL at all stages of his life journey......A MAN WHO THRIVED HIS LIFE FOR THRILL but we call it merely a RISK....
@TheKrish1972
Ай бұрын
Under the correct Govt, in the Biopic, they will replace all his real life problems with Brahmin character 😂😂😂😂
@Darknight-9
Ай бұрын
@@TheKrish1972🤡wtf you saying
@eashwari4307
Ай бұрын
@@TheKrish1972Not if its done in Tamil 😅
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
Waooo... This episode is no less compared to reading a great book. Such eloquence in speech, leaving the listeners in intrigued of what comes next. Massive respect to this man and Ganesh bhai also.
20 minutes in and this is absolutely gold !!
Initially hesitant due to the podcast's length, I found myself irresistibly drawn into Dr. Velumani's captivating journey. Once I hit play, I couldn't look away! Thank you Think School team.
It gives goosebumps and very motivational, thanks Ganesh for creating a wonderful podcast
One of the best podcasts I have listen to. Greatest journey of respected Dr.Velumani. 🎉 . Everyone will get inputs on different aspects of life.
About his father - “didn’t have capability to be an employer and didn’t have attitude to be an employee” 👏🏼👏🏼
@immortallegendsff3550
Ай бұрын
Very diplomatic way to say he had Survival kills in negative
This podcast has less punchlines and more detailing true story..
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.
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.
Tests which costs 3000-4000 in regular labs thyrocare does it in 999... I have cross checked their accuracy in different places/pathologies/age groups. Great job for India! ❤💐
What an amazinggggg podcast!!! What a legendary man and what a legendary legacy!!! Honestly this podcast was 5X or more worth my time . I got to learn so much and got such an indepth perspective on things....Thank you so much think school for bringing such guests, asking great questions and making such a great podcast - more power to you....pls keep on doing such a great job!!! I learnt one more very imp thing today - u mentioned in a portion that whilst the world was getting into reels and short content, u stuck to long content....this is because you had your why clear (like you mentioned about simon sinek and his book a gallizion times..) and because of clarity of thought as to what u are doing and what is ur vision - more power to you for sticking with your vision rather than following the herd....
@ThinkSchool
Ай бұрын
❤️❤️
I have no words to express how beautiful this podcast is! Like someone said all-rounded life lessons from Dr. Velumani. Thank you Ganesh and team. It was nice to hear you say few words in Tamil. Loved it. Wish you all the best!
@HariKrishna-lk5wx
23 күн бұрын
can u give time stamp?
We had a case study on Thyrocare in MBA(Great Lakes) written by Suresh Shrinivasan sir. That is one of the greatest classes I have ever been to and listening to the man himself for every thing we discussed about him is a pleasure. Thank you boss
I ignore this video because of 2 hours when I saw some shorts of this interview I start watching this
Dr. Velumani's story is a profound reminder that resilience and strong support systems are invaluable assets in entrepreneurship. His strategy of living frugally and reinvesting profits offers a timeless lesson in building and sustaining business growth 🌟.
Amazing person Dr.Velumani ji.................Hats off & huge rspect for Dr.Velumani ji & late smt. Sumati Velumani ji............. Thanks a ton Ganesh & team think school.....Respect from Bangalore...
Hello Ganesh, I have been always fan of your work over the years but this one was extra special . I dont have words to express . I think you also bit open up as I think Dr Velumani made you more comfortable compared to earlier guest . Thanks for all your and team efforts to make such kind of content. God Bless. Take Care
This is the best podcast i have heard till date, life lessons for me ❤❤