Risks, Growth, and Ethics of Entrepreneurship | Kunal Shah | SparX by Mukesh Bansal

In this episode, Mukesh Bansal (Founder Myntra and Cult.Fit) is in conversation with Mr. Kunal Shah, Founder of CRED, one of India’s leading fintech company that disrupted the market ever since it launched in 2018. Being one of the most successful people in the business today, Kunal has established a top spot amongst the Indian consumer base.
He reflects on studying Philosophy and his love for creating good products. From angel investing in early start-ups to believing in the power of compounding habits, Kunal shares some of his insights of how to work towards your goals and ultimately reach your dream target.
Be sure to tune into this insightful conversation between these two leading founders and gain some insider information on cracking your entrepreneurial journey!
00:00 - 1:00 Sneak Peak of the Episode!
1:01 - 2:00 Introducing our Guest: Kunal Shah!
2:01 - 7:01 Kunal’s takeaways from Elon Musk’s biography by Walter Isaacson
7:02 - 11:27 Does creating an artificial sense of emergency help a business?
11:28 - 13:48 Giving it your all for your goals
13:49 - 20:52 “Playing safe is a risky strategy”…Kunal on risk taking
20:53 - 22:43 Navigating risk taking and crises
22:44 - 27:54 Kunal shares about his difficult teenage years
27:55 - 33:03 ‘Feedback Repellers’ & ‘Feed Attracters’
33:04 - 37:40 Learning life lessons from Entrepreneurship
37:41 - 42:08 Kunal looks back on studying Philosophy
42:09 - 43:30 Importance of ‘Truth Seeking’ in every aspect of life
43:31 - 51:35 Kunal’s love for product finesse
51:36 - 54:05 Making a good product reflects in your pride
54:06 - 58:13 “Reading your market”: Understanding the analytics to make a fit product
58:14 - 1:04:00 Kunal’s take on ‘acquiring exposure’
1:04:01 - 1:11:57 Your adversities shape the kind of person you’ll be
1:11:58 - 1:16:57 Compounding Habits: Your best bet for the right path
1:16:58 - 1:21:02 Kunal explains Why Angel Investing?
1:21:03 - 1:23:00 Mukesh & Kunal on importance of free time
1:23:01 - 1:29:17 Core values required for a Start-Up
1:29:18 - 1:31:19 Choosing your level of work and opportunity
1:31:20 - 1:36:19 Kunal and Mukesh take up some case studies in the Indian Market
1:36:20 - 1:40:25 Kunal highlights on the lacking aspects of India’s industrial growth
1:40:26 - 1:43:51 Kunal shares some of his insights
About SparX by Mukesh Bansal
SparX is a podcast where we delve into the cutting-edge scientific research, stories from impact-makers and tools for unlocking the secrets to human potential and growth.
We believe that entrepreneurship, fitness and the science of productivity is at the forefront of the India Story; the country is at the cusp of greatness and at SparX, we wish to make these tools accessible for every generation of Indians to be able to make the most of the opportunities around us.
In a new episode every Sunday, our host Mukesh Bansal (Founder Myntra and Cult.fit) will talk to guests from all walks of life and also break down everything he's learnt about the science of impact over the course of his 20-year long career.
This is the India Century, and we're enthusiastic to start this journey with you.
Follow us on Instagram: @sparxbymukeshbansal
Website: www.sparxbymukeshbansal.com
You can also listen to SparX on all audio platforms
Fasion | Outbreak | Courtesy EpidemicSound.com

Пікірлер: 208

  • @RakeshKumar_07
    @RakeshKumar_076 ай бұрын

    Listening to Kunal conversations is incredibly insightful; He always prompts deeper thinking and self-reflection.

  • @AnkitG12
    @AnkitG127 ай бұрын

    Bring this Man again n again. Every time I listen alway get a new perception of life. Thank you.

  • @alokvkulkarni
    @alokvkulkarni7 ай бұрын

    Setting the bar high is definitely praiseworthy. On the flipside, 'perfection' can be the enemy of 'good.' Striking a good balance between optimal efficacy and obsessive perfectionism can save us a lot of manhours and burn out.

  • @NILESH571
    @NILESH5717 ай бұрын

    I still don't understand their fixation over this 70 hour per week please don't agree n disagree with west culture as per your convenience Harsh truth is Working for 70 hr per week for a company sucks been there done that If you truly believe nation should succeed then don't block moonlighting ...people will work 40hr/week and then remaining 30hr on themselves this will make country progress Working 70hr / week for an organization only the founders and managers will progress 💰💰😬😬

  • @reactdev71717

    @reactdev71717

    7 ай бұрын

    How are you going to spend the remaining 30 hours? Will those 30 hours 'on self' generate more value than if you would spend them working for a great company?

  • @NILESH571

    @NILESH571

    7 ай бұрын

    @@reactdev71717 of course the question itself seems you are still naive 😉

  • @redeyedbeast7975

    @redeyedbeast7975

    7 ай бұрын

    @@reactdev71717 in short yes. I can maybe work on my own hobby which might later become a business which generates revenue.

  • @sureshnishtala2887
    @sureshnishtala28875 ай бұрын

    Always deep insights from listening to Kunal shah....I also made notes simultaneously. Thanks Mukesh bhai for hosting him and throwing some wonderful questions

  • @BeingBongChronicles
    @BeingBongChronicles7 ай бұрын

    Masterclass Indeed!!! My 10 Key Learnings from this Conversation: 1. Craftsmen Mindset. 2. Don't sell or make anything you can't proudly gift/offer to your Family or Friends. 3. Creating a Culture of Truth Seeking vs Belief Oriented 4. Long-term Benefits. 5. Trust-oriented. 6. Ask yourself: Did you solve a hard problem recently? Write a journal on the same and be brutally honest. 7. We are more excited about the end state of someone who is successful but are we ready to learn from their journey? 8. Learn to connect dots. People who can marry in between different domains can have better Insights. 9. Be A Feedback Attractor rather than a Feedback Repeller 10. People who Build Substance /Value don't get offended easily. and more Thank you, Mukesh and Kunal.

  • @svrt5832

    @svrt5832

    7 ай бұрын

    Who are you, his lackey, his social media team?😂

  • @hdesai1000

    @hdesai1000

    7 ай бұрын

    How much you got paid for this?

  • @aggressiveblaze

    @aggressiveblaze

    7 ай бұрын

    1. Billionaires need their slaves to slave harder.

  • @hdesai1000

    @hdesai1000

    7 ай бұрын

    @@aggressiveblaze true

  • @AndroidUmair
    @AndroidUmair7 ай бұрын

    These people are excellent in lecturing and have the ability to convince the audiences with their BS. This is the only abilty they have. The actual fact is that leadership still remains a niche quality among a lot of them where they actually lead by examples...which is getting rarer nowadays.

  • @lakshman4115
    @lakshman41156 ай бұрын

    41:30, 1:03:18 This is what we need from all Businesses and Influencers

  • @dabangstore
    @dabangstore5 ай бұрын

    To figure out the insights myself it would require Olympian thought process and diligence.i am very thankful for the duo for this immersive engagement.i am on my way becoming a impactful entrepreneur.ten years downline the line these watching hours would be my best prized memories

  • @sahilsharma4376
    @sahilsharma43767 ай бұрын

    I think what we need in India is: 5 days 9-5 mandatory work hours (depending on company’s work culture if they are flexible), the concept of minimum wage, and people who want to work overtime can work overtime and will be compensated with at least 50% extra pay per hour for putting in the overtime. Let’s do this and see how many of these “entrepreneurs” can sustain their businesses with this model. Many countries have this model. How can you expect productivity out of a person who is mentally and physically bashed by your toxic work culture where mental health is not even talked about. People also need to spend time with family to avoid having a burnout which will mess their brains for life. But I guess people like him don’t care about that.

  • @aashnasharma4738

    @aashnasharma4738

    7 ай бұрын

    exactly

  • @rohanparkhe633

    @rohanparkhe633

    7 ай бұрын

    If inflation could decrease and purchasing capital increase along with the balance between demand supply it could also benefit

  • @t2shamkp
    @t2shamkp7 ай бұрын

    My take away insight, and the one thing I noted by my pen: "when a country doesn't value the time, convenience businesses will not become large" -and I think these type second order thinking is inevitable for any body who wants build that people would want.

  • @nalinikanth4870
    @nalinikanth4870Ай бұрын

    Being a philosophic person he impressed me us with his language and cognitive understanding of listeners.but you need to aware these lectures and language will not workout in complex business practical platforms .you will end in trap

  • @saveenkumar4249
    @saveenkumar42495 ай бұрын

    Don't judge them, just learn something from them, keeping in mind that doing a startup in India is not easy, markets here are very complex unlike something in an European country. If we want the startup culture to remain and thrive in India we should support people like Kunal Shah and root for them and learn from them and do something of our own (not necessarily a startup)

  • @SparXbyOmkar
    @SparXbyOmkar3 ай бұрын

    Thank you so much sir for adding value in my life ❤

  • @rayappagari
    @rayappagari7 ай бұрын

    Hey look up for Alex Karp who is phd in philosophy (under legendary philosopher) and co founded Palantir along with Peter thiel.

  • @udditconsul7699
    @udditconsul76997 ай бұрын

    Awesome conversation , flawless , its so smoood.....

  • @kensonpaul5192
    @kensonpaul51927 ай бұрын

    Lots of great points to learn

  • @hakunamata1341
    @hakunamata13417 ай бұрын

    Informative podcast, but i would suggest for video editing team to mention the definitions of important terms below as a scroll, instead of at the centre spoiling the whole view, All the best

  • @saarthakmb3339
    @saarthakmb33397 ай бұрын

    Some of the top comments are saying that now we will learn from these people who have taken investor money and are not profitable etc etc. I think this is a completely wrong way to think about it. I do agree on the point about profitability but we cannot ignore the fact that these companies have reached an unprecedented scale in a short amount of time. 100% of the people writing these comments have done nothing close to this scale in our entire lives(including me).

  • @SumitMSao
    @SumitMSao7 ай бұрын

    So much to learn from this podcast. Thanks sir for inviting Kunal. He is one of my favourite entrepreneurs in India.

  • @ragsbigfella
    @ragsbigfella6 ай бұрын

    If someone asks me one video everyone must watch, I would say this the one without any hesitation.

  • @daneilpatro2776
    @daneilpatro27764 ай бұрын

    came across your podcast, recently watched kunal shah episode/ i would recommend Bharat Karnad as neext guest

  • @the_winningsecret
    @the_winningsecret7 ай бұрын

    Always learning and insightful experience from the mr. kunal sir of cred. Learnt a lot from this👍

  • @abhijitdeo1800
    @abhijitdeo18007 ай бұрын

    Founder wants to be a billionaire he may work 24 hours a day but not all employees wants to be a billionaire they just want a good life and a sustainable income . Pay them well and pay them tax free incentives for OT which should be optional. Don't promote toxic culture for your benefit say no to modern day slavery.

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    U have to work according to ur goals....if u have set a big goal then u have to sacrifice everything...

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    Ask to all legend who succeeded in their filed how many hr they work...ask virat kohli or srl or Elon Musk....

  • @YandereEnthusiast

    @YandereEnthusiast

    7 ай бұрын

    @@shreyanshsingh5555 There is adifference between working for yourself and working for a ceo, you are not going to become a billionaire working 70 hrs for infosys or cred lol.

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    @@YandereEnthusiast he also said that youngsters should work 70hrs.. whether in Infosys or for yourself..or anywherelse..

  • @northernlights609

    @northernlights609

    7 ай бұрын

    ​@@shreyanshsingh5555So what if he says? Many people care about their health, family and work life balance. These CEOs would love to extract more work for less salary, that's why all these statements.

  • @someshpatel7660
    @someshpatel76602 ай бұрын

    Ig I have to print the transcript of entire conversation.

  • @rohanparkhe633
    @rohanparkhe6337 ай бұрын

    If Purchasing capacity increase and demand supply balance then it will helpful

  • @AwaisPirzada34
    @AwaisPirzada347 ай бұрын

    Download option not working

  • @sabasayyed6238
    @sabasayyed62387 ай бұрын

    Please stop using AI voice enhancers its making whole conversation very unpleasant to hear, use better mic instead

  • @rwichabasumatary3343
    @rwichabasumatary33437 ай бұрын

    Selfish people. Work life balance is a must. Do you think an ill population can contribute to country’s economy. People have to be healthy to be productive, that is possible only with work life balance.

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    If u want to become the Virat Kohli , srk , Elon or Akshay Kumar...then u have to sacrifice a lot of things..like ur lifestyle etc..u can't be millionaire or successful entrepreneur by working 40 hr a week ...u can't have six pack and chole bhature together ,u have to sacrifice it...

  • @sushmitaraodesaraju6330

    @sushmitaraodesaraju6330

    7 ай бұрын

    ​@@shreyanshsingh5555Do you have a single original thought in your head or do you just copy paste nonsense in the replies of people who actually make sense?

  • @rwichabasumatary3343

    @rwichabasumatary3343

    7 ай бұрын

    @@shreyanshsingh5555 why only 40 hours. Why not 90? Is that a proven no.? People have choices now. Slavery thought doesn’t upgrade anybody nor the country.

  • @manjunath8777
    @manjunath87777 ай бұрын

    70 hrs per week should be optional and the additional 30 hes should br incentiviced to the staffs..... Just plainly saying 70 hrs which will still make the employers more greedy to earn doesn't workout

  • @faustinal1461
    @faustinal14617 ай бұрын

    Can we just stop and think for a moment? Why did we start working, to afford food, to afford clothing and to afford shelter. Over time many people have forgotten these basic things and have been engulfed by work so much that the only goal in life is to keep working? This is sad. Using the word Productive to churn out more from an employee is just wrong. This is just Slavery in a new sugar coated way. If you want the economic growth of the country to be positive then the burden falls on the common Indian. Granted we do all the work towards increasing GDP. What is the guarantee that the money ends up in the right place and not in someone influential guy's account as black money ? To solve a problem restructure what is at the top, not putting the burden on the common man.

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    If u want to become the Virat Kohli , srk , Elon or Akshay Kumar...then u have to sacrifice a lot of things..like ur lifestyle etc..u can't be millionaire or successful entrepreneur by working 40 hr a week ...u can't have six pack and chole bhature together ,u have to sacrifice it...

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    To all the legend who succeed in their respective field , ask them when is the last time u ask ur mother how are u....u have to work according to ur goal ,,if ur happy on Swift then work 30 hr a week..but if u want a lavish lifestyle or having BMW then u have have to sacrifice..if it is so easy then why not everyone is successful..if u want to be admission in IIT then u have to study 10hr per day if ur average...it all depend on ur goal how big u want to be ..

  • @mohanplays
    @mohanplays7 ай бұрын

    You also take salary like a senior employee at your company.. Take double that not more.. Then we will also work 70 hours for "India"

  • @saksheesarrawgi
    @saksheesarrawgi7 ай бұрын

    Such a powerful conversation! Great insights on building customer-centric products and running a business. Loved the mental models.

  • @ValueMaverick
    @ValueMaverick7 ай бұрын

    Loved the conversation!!! Thanks Mukesh for inviting Kunal 👍

  • @PradeepModiUK
    @PradeepModiUK7 ай бұрын

    People MUST work full time for growth of company and employees ...

  • @passionatetraveller9370
    @passionatetraveller93707 ай бұрын

    How can companies like cred and myntra help in national building. By helping to pay rent when you don’t have money and charging exorbitant interest will help growth of nation ? Myntra is just providing platform to sell online. So many e-commerce websites mushroomed to do same. All these founders have not done any innovation and simply wasting investors money and overvaluing worth of company.

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    What is the valuation of ur company...

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    The person who didn't come first in their class giving lessons to someone who tried to do something different rather to become engineer or doctor...they choose difficult path for themselves. It's easy to questions everyone..but have u ever questions urself...

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    What innovation u have done..can u pls tell us..we would love to listen to ur idea..and yes when u build ur company then lecture them..

  • @AwaisPirzada34
    @AwaisPirzada347 ай бұрын

    People who are criticizing Kunal for Cred not being profitable and calling his wisdom a Gyan should first build something themselves first, then give Gyan back here to this Gem. I'm from Pakistan and but I admire Indian entrepreneurs a lot and you guys don't have any idea what you have got, people like Kunal are assets for your country and you're talking shit here about him who's built two companies Worth billions of dollars and created so many jobs for the country. Tum to bana k dikha do phir chahe profitable ho ya na ho Kuch banao to sahi pehle. Ye bat agar nithin kamath bole to uska banta haibq k usne profitable company banai hai. Tum saale ghr beth k comment kr rahe ho k Cred pesa nai bana raha. Tum ne konsi profitable company banao hai batao to🇵🇰🇮🇳🙏❤️

  • @siddharth0401
    @siddharth04017 ай бұрын

    The only thing the startup founders are good at is to be able to theorise and intellectualise everything in life and so are good to listen to as storytellers, otherwise I like traditional successful entrepreneurs

  • @amitghatage4413
    @amitghatage44135 ай бұрын

    Great Pod

  • @howgamer
    @howgamer7 ай бұрын

    1:08:33

  • @santag564
    @santag56422 күн бұрын

  • @shekhspeare11
    @shekhspeare117 ай бұрын

    SparX is getting better with every episode and I'm here for it

  • @aggressiveblaze

    @aggressiveblaze

    7 ай бұрын

    Do you work 70 hrs a week?

  • @svrt5832
    @svrt58327 ай бұрын

    Let me guess, he is in a big management position and doesn’t actually rely on his salary for primary income. So he says 9-9-6 culture should be implemented. Sir, will you pay your employees overtime? Or do you wanna pocket the difference?

  • @reactdev71717

    @reactdev71717

    7 ай бұрын

    You only get what you contribute towards the company.

  • @curiosity101-kashakmahanor8
    @curiosity101-kashakmahanor87 ай бұрын

    Most awaited ❤

  • @Vk-vd9mj
    @Vk-vd9mj6 ай бұрын

    Mukesh, sir. I want to pitch my idea to you. How can I reach you?

  • @meshivamsharma
    @meshivamsharma7 ай бұрын

    Does anybody knows what percentage of CRED revenue is from lending ? Loans ? Is Cred a Gambling loan app manipulating user behaviour ?

  • @ajaykumarvaidhyanathan4410
    @ajaykumarvaidhyanathan44107 ай бұрын

    What is these business people hiding under the carpet? Spend less money get more work from single person. Let them give the data of how this will improve unemployment. Do they know how many people in industry work more than 80hrs a day. Do Murthy know that all the managers estimate their employee based on how many hours they work. Does these people know what these families go through. Do they know the suicide rate of students of these dis-oriented family go through. Forget everything, what is the disparity of wealth rich and poor in India. Can they keep minimum needed money and give the rest to the development of the nation?

  • @reeeyan5926
    @reeeyan59267 ай бұрын

    I'm more curious about the Books which are behind of them.

  • @sparxbymukeshbansal

    @sparxbymukeshbansal

    7 ай бұрын

    A lot of people have showed interest in the books! We'll plan a books/learning series soon. Till then you can check out our website for book recommendations. www.sparxbymukeshbansal.com/blog

  • @ashu-
    @ashu-7 ай бұрын

    I like his shirt

  • @rajmaster6937
    @rajmaster69373 ай бұрын

    Please invite Ritesh Malik ❤❤

  • @HARSHPATEL-gd4zi
    @HARSHPATEL-gd4zi5 ай бұрын

    1:02:00

  • @astiware
    @astiware7 ай бұрын

    Great OGs of modern business 👏 👌 👍 Intelligent Minds...

  • @ashikgowdanp8336
    @ashikgowdanp83366 ай бұрын

    6:07 for the reference

  • @ShreyashPatil1811
    @ShreyashPatil18117 ай бұрын

    When i see Kunal Shah's Podcast I be like: iss cheej ke liye to time hi time hai🙂.

  • @srinivasreddy2512
    @srinivasreddy25127 ай бұрын

    Most awaited - Enjoyed it thoroughly 👍

  • @tathagatverma1806
    @tathagatverma18067 ай бұрын

    @sparkx ppl, can you please get MS Dhoni on the podcast? Really want to understand his perspective on leadership.

  • @sparxbymukeshbansal

    @sparxbymukeshbansal

    7 ай бұрын

    That's a great suggestion, who better to interview on leadership than Captain Cool? We'll plan something around this.

  • @meshivamsharma

    @meshivamsharma

    7 ай бұрын

    ​@@sparxbymukeshbansalPlease ask Dhoni why he is selling and investing in Gambling business..from poker to dream11, why he is hell bent on ripping the own people of our country. He endorses Army honorary rank, has massive youth and children admiration, and then he is sliding Gambling to them, Is that what everything was about, Money ? I hate Dhoni, his real face is Selling gambling and making Money. He insulted all the love, respect, pride this Nation gave him. Same with Kohli, Sachin, Shahrukh why no one questions them. Why no one asks hard embarassing question on their face ? What is their take ? How gambling business work ? Why they endorse owners ? Please ask Kunal too is CRED a gambling lending app ? What is the revenue % from lending loans ?

  • @jithinkr628
    @jithinkr6287 ай бұрын

    I think these people must donate their wealth for the development of nation will they do nahh

  • @user-ix7zq1hz8w
    @user-ix7zq1hz8w7 ай бұрын

    This is such an interesting episode. Now I am eagerly waiting the release of more episodes like this from SparX.

  • @mdvolgsact9145

    @mdvolgsact9145

    7 ай бұрын

    😅😅😅

  • @abhiasawa
    @abhiasawa7 ай бұрын

    Such a rich conversation! Learnt so much from this 💯

  • @SumanSaraf
    @SumanSaraf7 ай бұрын

    Hello Mukesh, thank you for these conversations. Some of them are super insightful. Would it be possible to share a video of the bookshelf sometime. I can spot a few gems in there: Euclid's Elements (one of my most favorite books) Knuth's set Bell's Men of Mathematics Wolfram's Metamathematics Rhodes' Making of the Atomic Bomb Behave Hooked Shoe Dog On Grand Strategy Pikkety's Capital Also see titles like Habit, No Filter, Work Rules, Invent and Wander etc. Thank you!

  • @sparxbymukeshbansal

    @sparxbymukeshbansal

    7 ай бұрын

    You have a keen eye, such a great observation of the books in the library! A lot of people have shown interest in a book tour, so the team is currently planning to shoot this. We'll publish something soon, stay tuned.

  • @Alkansa
    @Alkansa7 ай бұрын

    can you create some content around creating company culture 🥺

  • @abhimanyusaxena
    @abhimanyusaxena7 ай бұрын

    I like that there is a bundle of all volumes of Art of Programming - Donald Knuth behind Kunal bhai which is still in its packaging. I don't think anyone in the studio would ever dare to even try to study that! 🤣

  • @jattij9025
    @jattij90257 ай бұрын

    People are in abundance in india,hire more people build new offices or work from home and pay them well through this we can be the so called blood sucked developed nation...fact is you dont want more people hired to keep the employees on the edge by showing the unemps...

  • @reactdev71717

    @reactdev71717

    7 ай бұрын

    How much ouput will the employees create for each extra rupee that they are paid? Also, hiring more employees for the same amount of work, how would that work genius?

  • @fiancewala4453
    @fiancewala44537 ай бұрын

    Hey Mukesh sir my suggestion to be a off business founder Come on the show 🎉

  • @sparxbymukeshbansal

    @sparxbymukeshbansal

    7 ай бұрын

    We'll have diverse guests in the coming episodes from different fields of work, stay tuned!

  • @or_go_deep69420
    @or_go_deep694207 ай бұрын

    Bullshit never give so much to a company, remember if company fails you will be jobless but the CEO will always be rich. Give only required hours to your employer and use the remaining to improve yourself or you will be stuck in the same job for years, there's 0 gain in being loyal to your employer, it's not your company, any extra profit goes to investors and Ceo's pocket.

  • @sushmitaraodesaraju6330

    @sushmitaraodesaraju6330

    7 ай бұрын

    Truer words have never been said. All these CEOs promoting 70 hrs work weeks just want to line their pockets from all the extra work put in by their employees. The employees themselves will never see a single red dime of it, and all they will be left in the end is a broken relationship with their mental health and little to no social life or family life. What good will such a work culture even do? 14 hrs work days will only serve to decrease productivity, not increase it like these people seem to be thinking.

  • @or_go_deep69420

    @or_go_deep69420

    7 ай бұрын

    @@sushmitaraodesaraju6330 Also skilled workers always need to upskill them or in a few years they will termed as unskilled and not fit for the job. They want skilled workers to work like labour. Always remember when you move to your next company they'll not be asking how many hours you put in everyday but what skills do you have that is relevant to the present market demand.

  • @Ranjankumar-ey1zb
    @Ranjankumar-ey1zb7 ай бұрын

    This guy's company just recorded 1,300 cr loss and he wants people to work 70hr per week without promising better pay . China grew because it had highly skilled worker in large number working and getting much better pay then Indian's .

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    What innovation u have done..can u pls tell us..we would love to listen to ur idea..and yes when u build ur company then lecture them..The person who didn't come first in their class giving lessons to someone who tried to do something different rather to become engineer or doctor...they choose difficult path for themselves. It's easy to questions everyone..but have u ever questions urself...

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    Toh bhai kyu bheek magne jate ho inke company mai.. democracy hai chod do company koi jabardasti thode hai...and by the way what is the valuation of ur company..aapke company ne kitna profit kamaya hai...

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    What is the the profit of ur company...

  • @kaustubhvibe
    @kaustubhvibe4 ай бұрын

    48:23

  • @jessgeorgesaji6263
    @jessgeorgesaji62637 ай бұрын

    28:04

  • @mohanplays
    @mohanplays7 ай бұрын

    First create a product which can help India, then you can ask everyone to work 70 hours...

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    Why can't u make a product...what is the valuation of ur company..how much profit is ur company making..

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    Toh bhai kyu bheek magne jate ho inke company mai.. democracy hai chod do company koi jabardasti thode hai...and by the way what is the valuation of ur company..aapke company ne kitna profit kamaya hai...

  • @mohanplays

    @mohanplays

    7 ай бұрын

    I'm not asking others to work 70 hours, since I became Team lead I don't even let my team mates work long hours or on weekends, still the world is running 😂

  • @rishavkumar8341
    @rishavkumar83417 ай бұрын

    People like him have founded eternal loss making companies. They are a net drag on Indian economy. The only trick in their books is burning investors money to get that unicorn tag and then go about lecturing other people. Future entrepreneurs are better off learning from those who have created a viable business.

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    What innovation u have done..can u pls tell us..we would love to listen to ur idea..and yes when u build ur company then lecture them..The person who didn't come first in their class giving lessons to someone who tried to do something different rather to become engineer or doctor...they choose difficult path for themselves. It's easy to questions everyone..but have u ever questions urself...

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    Can u pls tell the valuation of ur company..

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    Bhai khud toh ukhada nhi hai zindagi Mai khud..u r the only type of person who will abuse them and then later go to their company for job seeking..how many jobs u have create..

  • @rishavkumar8341

    @rishavkumar8341

    7 ай бұрын

    @@shreyanshsingh5555 Learn to write and argue properly. Clearly, you have no idea about how to analyse a business or economy. These businesses are only transferring money from investors to their pockets. They aren't creating any value whatsoever. Why would I or any sane person want to create such an enterprise. Did this idiot pay to defend him on KZread? If not, what compelled to post three moronic comment?

  • @Pointblank1329

    @Pointblank1329

    7 ай бұрын

    ​@@shreyanshsingh5555employee hai kya iska, karle phir 70hrs kam😂

  • @VenkataSashank
    @VenkataSashank2 ай бұрын

    Elon Musk sounds like Sadhguru!

  • @jessgeorgesaji6263
    @jessgeorgesaji62637 ай бұрын

    14:15

  • @Chunthala
    @Chunthala7 ай бұрын

    Towards the end Kunal contradicts himself. He doesn't like celebration culture and doesn't want teams to celebrate small wins. Then he goes on to say that recognition is a core human trait. Well if you are empathetic enough, you'd know that people crave recognition. The bar can go higher and higher but that doesn't mean that people will work without recognition till they meet your bar of excellence.

  • @Chunthala

    @Chunthala

    7 ай бұрын

    @@reactdev71717 good one i like your sarcasm.

  • @AmitKumar-xu6mg
    @AmitKumar-xu6mg7 ай бұрын

    Athletes gets recognition and direct compensation for the extra hours they put in for success. But if an average worker puts extra hours, it will only result in these fatties get more fat. Really disappointed by greed these guys are showing.

  • @arjunsethumadhavan313
    @arjunsethumadhavan3136 ай бұрын

    The more the employees slog working 12 hours a day, the more incentive the CEOs would have to downsize their employees, leading to an increased unemployment in the nation. Or, The harder the work culture here, the youth would prefer working in the developed nations, increasing the brain drain. Neither your theory nor my theory is correct. The point i try to make is that: its easy to theorize things as per your convenience in the name of patriotism to impose your propaganda.

  • @omkarmore190
    @omkarmore1907 ай бұрын

    Importance of free time -- yes required Work like a machine -- yes required Very contrasting! Perhaps he intended that it is possible at different stages of life or make a choice and then expect accordingly Also sounding very much like a society uncle in some of the bits. Maybe age does that.

  • @vaishakh3
    @vaishakh37 ай бұрын

    How much of Kunal shahs success is owed to his theories / insights and how much of it is owed to aggressive advertisement. If you have that kinda money, you can even advertise that cancer is good and people must have cancer etc...

  • @vaishakh3

    @vaishakh3

    7 ай бұрын

    So therefore after all this bullshitv about insights better product etc, let Kunal have the humility to accept that it took crazy valuations and crazy customer acquisition cost to reach out and acquire customers

  • @vaishakh3

    @vaishakh3

    7 ай бұрын

    Having to spend too much on customer acquisition compels you to give yourself crazy valuations and then I'm sure Cred will have a down round like paytm..

  • @puddlebee

    @puddlebee

    7 ай бұрын

    well its safe to bet on Kunal Shah's success than your arguments. PREACH!

  • @vaishakh3
    @vaishakh36 ай бұрын

    All of you are wondering why you have so many people in your team, and all of us are wondering why we need Cred app on our phone

  • @abhaykumar-yo3hs
    @abhaykumar-yo3hs7 ай бұрын

    Just chill in your life otherwise these people will make you slave.

  • @user-ru5jg6ig8x
    @user-ru5jg6ig8x7 ай бұрын

    Please invite Rajiv Bajaj - MD Bajaj Auto

  • @iswap007
    @iswap0077 ай бұрын

    Founders who burn investors' money and can't bring the companies in profit will now lecture about big achievements. 😂

  • @nitishsaxena6152

    @nitishsaxena6152

    7 ай бұрын

    Exactly

  • @lalkrishnakv5904

    @lalkrishnakv5904

    7 ай бұрын

    I think we need to understand how burning helps in building a huge successful venture in the future

  • @iswap007

    @iswap007

    7 ай бұрын

    @@lalkrishnakv5904 name one global product these Indian founders have given to the world. They will drive in Mercs while you struggle to even afford a basic car when you work for 70 hrs.

  • @roshanhegde

    @roshanhegde

    7 ай бұрын

    Looks like that's one of the criteria... How much money can you burn and how soon in the name of growth

  • @abhishekgupta-11

    @abhishekgupta-11

    7 ай бұрын

    Why don't you do what they have done and make the same comment?

  • @ankurbhargavacoolguy
    @ankurbhargavacoolguy7 ай бұрын

    9-9-6 ki salary kis hisaab se hogi ...ye koi nahi bol raha, aur ye youngsters ka age range set kar ke abhi Tak bataya nahi kisi ne. Khoon to abhi bhi choose he rahe ho private sector mein dukaan khulne ka time hota hai band hone ka nahi ye sala sabko pata hai. Har cheez mein tax desh nirmaan ke liye he to bhar rahe, sala package sirf naam ka hota haath mein aata hai ghanta, Uske baad upar se podcast ke bol bacchan Enjoy Aa gye podcast le ke.

  • @akashchopra8919

    @akashchopra8919

    7 ай бұрын

    Bakchodi karwa lo inse bas bc 😂😂

  • @tathagatverma1806
    @tathagatverma18067 ай бұрын

    Kunal's getting fit!

  • @chaoticpran
    @chaoticpran7 ай бұрын

    There is no employee in china who likes 996 work culture except billionaires and politicians who likes to work for themselves and expects citizens to work in the same way for them. We should better throw such people out of this system. Beggar running a loss making company on VC funds

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    If u want to become the Virat Kohli , srk , Elon or Akshay Kumar...then u have to sacrifice a lot of things..like ur lifestyle etc..u can't be millionaire or successful entrepreneur by working 40 hr a week ...u can't have six pack and chole bhature together ,u have to sacrifice it...

  • @harshverma6230
    @harshverma62307 ай бұрын

    Desh or rastywad k nam pr logo ko gadho ki trah kam krao....or khudh mali khao....tax chori kro.....logo ko manipulate kro

  • @ibrahimnadeem1064
    @ibrahimnadeem10647 ай бұрын

    Khuda ka waasta Hindi me karlo yar, muje esi talks urdu me zyada ache se smjh aati he

  • @wittyroark
    @wittyroark2 ай бұрын

    Kunal - Smart & insightful guy CRED - Stupid & irrelevant company

  • @MonaSLovely
    @MonaSLovely7 ай бұрын

    Lol First increase salary. All big talks. He wants employees to work 14hours a day and himself wants to reap the profits and chill. This entrepreneur's should be taught a lesson. Will you pay extra income or increase the salary. These Infosys Murthy and his wife started the trend and now every CEP and big shots is following the footsteps.

  • @abhishekkaria9037
    @abhishekkaria90377 ай бұрын

    70 hrs work per week what bogas concept talking first of all just improve labour law of this country and secondly people are already working over time in private company and company does not give them there credit if also people will start working in more pressure profit will only be in company pocket not in employees and lastly we should improve our work quality not quantity

  • @nitishranjanyadav3461
    @nitishranjanyadav34617 ай бұрын

    Sab 14 ghante hi kam karte .. ye sab sirf Gyan pelte

  • @Lucifer-hm2sz
    @Lucifer-hm2sz4 ай бұрын

    Listening to kunal shah is ok till we see his businesses model 😂😂

  • @vidhiyadav7228
    @vidhiyadav72287 ай бұрын

    70 hrs a week sucks. Been there.

  • @roodhra
    @roodhra7 ай бұрын

    Why are these Founders still in the fantasy of 9-9-6 culture of China? Do they not know AI+Robotics > human effort?

  • @hdesai1000
    @hdesai10007 ай бұрын

    And for the record work life balance is not western culture. Grow up. See the reality. Health is wealth not crore money in your pocket. Insaan hi nahi rahega to ghanta economy

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    What innovation u have done..can u pls tell us..we would love to listen to ur idea..and yes when u build ur company then lecture them..The person who didn't come first in their class giving lessons to someone who tried to do something different rather to become engineer or doctor...they choose difficult path for themselves. It's easy to questions everyone..but have u ever questions urself...

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    If u want to be Virat Kohli or srl then u have to sacrifice everything

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    U guys are nothing without ur father's money

  • @hdesai1000

    @hdesai1000

    7 ай бұрын

    @@shreyanshsingh5555 They are generalising this standard. One has to understand there are very pathtic bosses around the world who will take no time to imply this mindset. For the record VK is only one

  • @Pointblank1329
    @Pointblank13297 ай бұрын

    First make your business profitable and then give GYAN. Hoping you won't run away in future by selling cred like freecharge😂

  • @sanjeevansinha7023
    @sanjeevansinha70237 ай бұрын

    Thank god you aren’t running the country

  • @siddharthvikramupadhyay444
    @siddharthvikramupadhyay4447 ай бұрын

    2 paisa aaya nahi gyan Dena chalu.... pay your employee better then ask them to work as 9 9 6...

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    If u want to become the Virat Kohli , srk , Elon or Akshay Kumar...then u have to sacrifice a lot of things..like ur lifestyle etc..u can't be millionaire or successful entrepreneur by working 40 hr a week ...u can't have six pack and chole bhature together ,u have to sacrifice it...

  • @siddharthvikramupadhyay444

    @siddharthvikramupadhyay444

    7 ай бұрын

    @@shreyanshsingh5555 bhai tu rahne de... yaha par pay karne ki baat hoti hai...tu bhi work slavery ka accha example hai... aur Elon banna hai to self ke liye Karo... job nahi

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    @@siddharthvikramupadhyay444 he said youngsters should work 70 hrss... whether for yourself or someone else...aur Bhai jiski jitni aukaad hogi usko utna hi pay milega na..jisne aache se padhai nhi ki Ane starting years mai u can't give them a lot ...the one who had work hard in their initial career and sacrifices should get higher only...itna hi aasan hota toh sub Amir hotee....

  • @shreyanshsingh5555

    @shreyanshsingh5555

    7 ай бұрын

    @@siddharthvikramupadhyay444 tum jaise hi log unke pass jaoge bhik mangne ki bhaiya Hume naukri dedo...Bhai itna hi hai toh khud ki company khada karle aur vha pe subko equal salary Dena...naukar se lekar guard ya fir company ke ceo ko subko barabar Paisa Dena...btw what is the valuation of ur company...how much profit ur company make....how much salary u give to ur employee

  • @siddharthvikramupadhyay444

    @siddharthvikramupadhyay444

    7 ай бұрын

    @@shreyanshsingh5555 tu bhik magta hoga... aur chaatu Jo hote hai boss ke wahi hai tu..jinko kuch aata nahi aur chaat chaat kar company me tike rahte hai...aur kuch nahi...

  • @mrunalpatil7867
    @mrunalpatil78675 ай бұрын

    Not so useful.

  • @SivaxReddy

    @SivaxReddy

    5 ай бұрын

    Ok

  • @spyboy0076
    @spyboy00767 ай бұрын

    Boycott cred

  • @kwvtxiajlubneejtwmzeej9012
    @kwvtxiajlubneejtwmzeej90123 ай бұрын

    Hi 🙏🙏🙏♥️💜💙💚💐♥️💜💙💚😊

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