India's newest B2B Unicorn - Rahul Garg of Moglix shares his story
Rahul Garg is Founder and CEO of Moglix.com.
Hi my name is Rehaan Khaneja and this is the 18th podcast in the Leadership Speaks series where I interview the most successful and influential leaders of India.
INTRODUCTION
Moglix is one of Asia’s largest B2B commerce companies. In 2015, Rahul Garg founded Moglix - with a vision of transforming industrial distribution in India for the manufacturing sector with a technology first approach. He is a first-generation entrepreneur – a role model and youth icon with an incredible success story.
After successful rounds of funding, Moglix today is a Unicorn with valuation of over $1 Billion.
Rahul is ex-Google, an MBA from ISB and an IIT Engineer. He holds 16 patents in product management and technology and is an active mentor in the start-up and manufacturing community. He has been internationally recognized as a Fortune 40 under 40 Leader and Business World Young Entrepreneur.
"When you start, there are always going to be believers and non-believers. An Entrepreneur has to be an extreme optimist and believer in themselves."
Watch Mr.Rahul Garg's views on becoming a B2B Unicorn in the video interview below:
KEY LEARNINGS
Here are my two key learnings from my chat -
1st: "An entrepreneur cannot aim to solve obvious problems. You have to do something that's different."
Those of us who are starting our careers and entering business often wonder which direction to take. The path that others don't take could be the right one for us. So instead of thinking of following the crowd, we should start thinking what can we do that's different from the rest - even if that involves taking risks.
2nd: "Don't worry about problems that are too big for you to solve. Focus on what you can, and keep moving forward step by step"
As youngsters, we face many unknown situations such as exams, interviews and big career choices. Such things can be very stressful for us and could make us afraid of taking decisions. I thought Rahul's mantra for stress reduction was perfect - instead of getting demotivated by big problems, keep moving forward by taking small steps one at a time.
Talking to Mr.Rahul Garg has been an inspiring experience. He is a perfect role model for youngsters because he kept his focus on fundamentals and kept building upon it to join the Unicorn club.
"Was it our goal to pursue billion dollar valuations? No - because valuations will go up and down but key thing is your business fundamentals. You just keep on building your business to make it stronger and bigger."- Rahul Garg
If you enjoyed Episode 18 of the Leadership Speaks. Series, please do like this blog and the video on Youtube! Your likes will make this a truly positive and encouraging experience for me and for other viewers like you. I'll be releasing my next Leadership Speaks interview soon. Till then, think positive, have big goals and focus on the road ahead.
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