Yesterday, I linked to 10 success stories in unheard-of sectors.
It was interesting, inspiring - and I would say instructive, as well. The following are a few things I found they had in common:
i.) They faced adversity with hard work and creativity.
ii.) When they saw that old ways can't solve new problems, they changed their business model.
iii.) They knew their business and their industry intimately.
iv.) They understood their own strength, and single-mindedly focussed on it. (Shriram Transport Finance is a superb example.)
v.) And (like ABC and Himadri), they were not coy about learning from others.
I hate brand love. - Call me naive, but after more than 33 years in the business, I am nevertheless consistently astounded by the amount of bullshit our industry can churn out....
1 day ago