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In this latest episode of Figuring Out Podcast we are in conversation with Asish Mohapatra CoFounder and CEO of OFBusiness and we have discussed:
How to make a startup profitable from day 1?
Top 4 most profitable business in India
What are the right ways and tools to build a business in India?
7 steps to become successful

Asish Mohapatra is an Indian entrepreneur, who is the CoFounder of two unicorns startups in India. Asish has a B. Tech in Mechanical Engineering from the Indian Institute of Technology, Kharagpur, and an MBA in Finance and Marketing from the Indian School of Business, Hyderabad.

Asish Mohapatra was a venture capitalist with Matrix Partners India for five years before he turned entrepreneur by cofounding OfBusiness in 2015.

OfBusiness turned unicorn with a $160 mn funding round that came on July 31, 2021, thereby becoming the 18th Indian startup to turn unicorn in 2021. Oxyzo, the lending arm, and a subsidiary of OfBusiness, has also joined the unicorn club in March 2022, after it successfully raised $200 mn in funding, in what has been hailed as India's largest Series A round.

Watch this episode till the end to know how Asish built OfBusiness from ground zero and his thoughts on profitability vs growth and much more.

Asish Mohapatra's Social Media Handles ⤵

Instagram @asishmohaps
  / asishmohaps  

Twitter @AsishMohapatra1
  / asishmohapatra1  



Listen to Figuring Out Episode with Asish Mohapatra On Spotify: https://open.spotify.com/episode/7fuH...

Stream Figuring Out episodes on Spotify:
https://open.spotify.com/show/736rhmW...

Watch Figuring Out episodes on YouTube:
   • Figuring Out With Raj Shamani  



Timestamps:

00:00 Introduction
03:13 What content Asish consume?
06:13 How to achieve top in everything?
09:20 How did Asish get inspiration?
13:08 Why doesn't Asish have his own cabin?
16:34 Top 5 principles of Asish Mohapatra
21:23 Why don’t make plan B
23:21 Dhanda approach
25:08 Everyone should be a salesman
27:08 How to build a billion dollar business?
36:49 4 big billion dollar businesses in India
42:55 Dollar Vs Euro
45:00 How to export?
49:08 How Asish learn business?
51:55 Role model of Asish
52:53 Why was Asish a terrible investor?
58:26 Investment philosophy of Asish
59:21 How I receive investment from Asish
1:03:27 7 steps to become successful
1:07:51 How to find your passion?
1:11:03 I have stopped celebrating
1:14:43 Why startups fail in India?
1:24:07 Commitment vs Competency
1:28:51 Which business Asish likes the most?
1:39:36 Top 3 business fundamentals
1:40:35 Why should business be complex?
1:43:51 Where does Asish invest?
1:46:24 How to become an alpha?
1:56:22 How to become a better salesman?
2:03:39 Conclusion



My gear for shooting this video:

Canon EOS 200D II 24.1MP DSLR Camera: https://amzn.to/3GuiPFK
Canon EF50MM F/1.8 STM Lens: https://amzn.to/3WZOSoi
Canon EFS 1855mm f/3.55.6: https://amzn.to/3ZpKBMy
Yunteng Aluminium Tripod (Vct690, Black): https://amzn.to/3ItEzV0
Zoom H6 All Black (2020 Version): https://amzn.to/3irUCIf
Shure SM7B Cardioid Vocal Dynamic Microphone: https://amzn.to/3GPimiM
Shure MV7 USB Podcast Microphone: https://amzn.to/3Xjy63d
GODOX SL150II 150W LED Video Light: https://amzn.to/3XeN0aL



About Raj Shamani
Raj Shamani is an Entrepreneur at heart that explains his expertise in Business Content Creation & Public Speaking. He has delivered 200+ speeches in 26+ countries. Besides that, Raj is also an Angel Investor interested in crazy minds who are creating a sensation in the Fintech, FMCG, & passion economy space.

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About Figuring Out
Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.