Would you like to tell us about a lower price? Born in a middle class trading family, Kishore Biyani started his career selling stonewash fabric to small shops in Mumbai. Years later, with the launch of Pantaloons, Big Bazaar, Food Bazaar, Central and many more retail formats, he redefined the retailing business in India. Incidentally, Kishore Biyani s objective is to capture every rupee in the wallet of every Indian consumer, wherever they are - an investment banker living in a south Mumbai locality or a farmer in Sangli. As large business houses enter the retail space, Kishore Biyani is not just concentrating on retail but aiming to capture the entire Indian consumption space. From building shopping malls, developing consumer brands to selling insurance, he is getting into every business where a customer spends her money.
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The author Kishore Biyani is the owner of multiple brands and companies. The names that stand out are Central mall, Big Bazaar, Pantaloons. Although his success in the retail industry is pretty commendable, to me he comes across a big dictator. Its one thing to run the business from ground up but its completely different when the execution involves him in every aspect. I do give a lot of credit to his success although his methodology is what I question.
Couple things that I felt were good insights. There are couple emotions that determine the shopping pattern: The fundamental ones are greed, altruism, fear and envy. Women have always provided the best insights and inputs on building retail business 3. The key to being a successful entrepreneur is having an ability to innovate and an ability to execute those innovations. There are 3 kinds of entrepreneurs Creators, Preservers and Destroyers.
Very important aspect of entrepreneurship is to separate the ownership, governance and execution. No two people are equal, everyone has their strengths and weaknesses. Identify them and work around those. Sign in. Raghu Kashyap Follow. Kashyaps Path to the future unwritten! Books Business Enterpreuner. Co-Founder and CTO intentwise. Ex Orbitz, Ex-Chicago.
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The author Kishore Biyani is the owner of multiple brands and companies. The names that stand out are Central mall, Big Bazaar, Pantaloons. Although his success in the retail industry is pretty commendable, to me he comes across a big dictator. Its one thing to run the business from ground up but its completely different when the execution involves him in every aspect.
IT HAPPENED IN INDIA
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