Multi-Billion Dollar Electronics Empire Started By Borrowing Rs.20 Lacs

Mr. Sunil Vachani is Founder & Executive Director, Dixon Technologies

Hi my name is Rehaan Khaneja and this video is the fourth of a series of interviews and chats I have had with successful leaders of India's business world.

In this interview, I speak with Mr. Sunil Vachani, Founder and Executive Chairman, Dixon Technologies - India's Top-most Electronics Manufacturing Services company. Mr. Vachani is an outstanding business leader and a shining example of success, with a net worth of over 1 billion dollars.

Watch this interesting video chat of Mr. Vachani's amazing startup story, knowing one's strengths, and other advice for aspiring entrepreneurs

A self-made entrepreneur, in 1993, Sunil Vachani borrowed 20 lakh rupees from his father to setup Dixon Technologies and manufacture TV sets on contract - this wan an un-tested business idea at that time in India. After several years of struggle in early days, Dixon Technologies eventually broke-through the hurdles. Today, as India's top Electronics manufacturer, they make millions of smartphones, washing machines and TVs, for top clients such as Samsung, Panasonic and Xiaomi. Dixon Technologies is now an electronics empire worth 2.8 billion dollars.

In today's chat, I was most impressed and inspired by how at the age of just 21 years, Mr. Vachani had the confidence to create a brand new startup based on a unique and un-tested idea, and then worked through hard times to convert it to a multi-billion dollar empire.

So, what lessons can we learn from Mr. Vachani's life as a Top Business Leader? Let's ask and find out in our 4th episode of Leadership speaks.

KEY LEARNINGS

Here are the two main lessons I learnt from Mr.Vachani's amazing leadership journey -

1st: "Ideas work only when you work hard to build on them".

Successful businesses do need good Ideas to start, but to achieve success, you also need a great team, passion, commitment and strong leadership to guide your business in the right direction.

And 2nd: "Sometimes, a decision of what NOT to do is more important than what to do".

Knowing where our strengths lie is very important when making major decisions in business and in life. It helps us to stay true to our principles, and to reduce risks.

After every chat, I will be releasing a follow-up blog on Key Takeaways and Learning. So please view my blog on that as well.

GET INSPIRED!

This is the fourth in a series of my interviews with business leaders and people who have achieved success in life. My goal here is to learn from their experience and to find out what choices they have made in their lives that contributed to their success.

If you enjoyed watching Episode 4, please do hit the like button on this blog, and visit + subscribe to my Youtube channel. I'll be releasing my next Leadership Speaks podcast very soon. Till then, Think Positive, have Big Goals and Focus on the Road Ahead.