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ON YOUR OWN- A STORY OF SUCCESS

 

Never think that you’re  alone, just go on your own

Dream big, work hard, world’s just a sojourn

Problem is our key, Grab the opportunity

Someday the lone may form an entity.

 

We often wonder how successful people are made. We often ponder how we can be successful but real life stories can actually open our mind to muse over the reality.

Ritesh Agarwal, the man behind the OYO, is one of the pioneers of the startup generation in India. His journey is learning cum inspiration that the generation should contemplate. He was 8 years old when he learned the word Entrepreneurship and he became keen to the world of problem solving. He is a new generation thinker who is a strategic philanthropist. He ideated this concept while travelling to different corners of India and he identified the lack of hospitality in hospitality industry itself. His idea made him curious and furious to develop a transformative plan with far fledged vision. He was good in studies but best in his interest. Thus, he got his Thiel Fellowship in 2013 and the journey began.

His success may look like an overnight one but it only happens when he conquers the time. Although he faced a lot of struggles, his booming spirit had kept him alive at every point. He started as a mere Agency Company to kickstart his idea when he hardly got cheesy correspondence at first but his patience and up-thrust took him into one of the largest real estate business in India. His simple keynotes were occupancy, stakeholder’s interest and Brand formulation. He converted a billion dollar unbranded segment into a new pack of standard utility and then diversified into lots of other areas. This is amazing to learn that how a young visionary can change the outlook of an industry with consumer benefit, quality assurance, market mapping and innovation through technology and systematic process development.

The phase of Covid 19 shattered the hotel industry but his faith upon his aim is really a stupendous element. It is the part of the business which also faces problems like threat of real estate mafias, partners’ revolts, competition, clones etc.

His motto is problem solving and his approach is to grow. His simplicity and smartness along with his inspiring story is more like an epic full of motivation, motion and obviously introspection.

 

By Soumyadeep Pramanick

 

Bibliography:

Josh Talks

Dr. Vivek Bindra

How to start a startup IIM Ahmedabad

Oyorooms.com

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