Dr. Dhruv Nath, Author, ‘The EARNICORNS – Stories of Rare, Profitable Unicorns’
- Dr. Nath is the author of the book titled, EARNICORNS – Stories of Rare, Profitable Unicorns.
- He is the director of the Lead Angels network.
Podcast
Overview
Dr. Dhruv Nath, author of The EARNICORNS – Stories of Rare, Profitable Unicorns, joins Ashutosh Garg on “The Brand Called You” to discuss the rise of profitable unicorns in a growth-at-any-cost world. Discover the essential traits that set these companies apart, including their focus on customer satisfaction, frugality, and employee loyalty. Nath shares insightful stories from successful firms like Zoho and Dream11, emphasizing the shift towards sustainable business practices and profitability.
00:39- About Dr. Dhruv Nath
- Dr. Nath is the author of the book titled, EARNICORNS – Stories of Rare, Profitable Unicorns.
- He is the director of the Lead Angels network.
- He was earlier the senior vice president of NIIT and the professor at MDI, Gurgaon, and he’s a co-author of the book titled, Funding Your Startup and Other Nightmares.
14:40- What are some of the key differences in the funding strategies of these four earnicorns?
- Zoho and Zerodha did not seek external funding, relying only on personal sources and internal resources.
- Dream 11 raised funding through multiple rounds, totaling eight, which provided significant guidance and support from investors.
- Info Edge had a mixed approach, including an IPO and several funding rounds, balancing between self-funding and external investment.
23:18- What would you say are some of the key takeaways from your book for startup entrepreneurs and business leaders?
- Emphasize the PERFECT attitude: Perseverance, Ethical, Responsible, Flexible, Everything, Customer-focused, and Trust-building.
- Persevere through challenges, as demonstrated by the success story of Sanjeev.
- Adapt to changing circumstances and business models to find success.
RESOURCES:
Learn more about Dr. Dhruv Nath: LinkedIn
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Profile
- Dr. Nath is the author of the book titled, EARNICORNS – Stories of Rare, Profitable Unicorns.
- He is the director of the Lead Angels network.
- He was earlier the senior vice president of NIIT and the professor at MDI, Gurgaon, and he’s a co-author of the book titled, Funding Your Startup and Other Nightmares.
