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I don’t understand the business models of Flipkart and Uber. See no logic in people saying business models like that of Flipkart will flourish but that of D-Mart will not.

Rakesh Jhunjhunwala

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Business Logic Modeling Myself People Understand

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Marilyn Monroe Paulo Coelho Abraham Lincoln C. S. Lewis Khalil Gibran Charlie Chaplin Gautama Buddha Isaac Newton

There has to be a period of consolidation in the IT industry. Similarly in pharma, I think India is going to be a world power. We have the lowest cost, good technology, Indian companies are gaining size.
RAKESH JHUNJHUNWALA

Advancement Company Growth Power Technology Thinking World
The government needs to send out a message to the business community that ‘we are on your side.’
RAKESH JHUNJHUNWALA

Business Community Government Need Support
My father was always not concerned about the wealth I have, but every year he would ask me, how much have you given in charity? And how much taxes have you paid?
RAKESH JHUNJHUNWALA

Care Charity Father Generosity Money Pay Price Wealth Yourself
What India needs for prosperity is just ease of doing business.
RAKESH JHUNJHUNWALA

Business Easy Need Prosperity
I’d be lying if I said I didn’t like the money, but that’s not what motivates me.
RAKESH JHUNJHUNWALA

Lying Money Motivational Myself
Insurance, pension reforms are going to be extremely important for the stock market because the kind of money we’ll get from that is unbelievable.
RAKESH JHUNJHUNWALA

Believe Important Kind Marketing Money Stock Wealth
Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.
RAKESH JHUNJHUNWALA

Home Investment Myself Save Thinking
But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
RAKESH JHUNJHUNWALA

Command Excitement Joke Marketing Myself Mysterious Woman
Growth comes from chaos, not order.
RAKESH JHUNJHUNWALA

Deep Growth One Liner Order
The journey to limit crony capitalism: It’s a journey, it’s not a destination. Slowly but surely, in India, crony capitalism has died and governance is what brings about real growth.
RAKESH JHUNJHUNWALA

Capital Death Destination Government Growth Journey Limitation Reality
What happens is the market really booms when people really leverage and they really leverage when they make a lot of money.
RAKESH JHUNJHUNWALA

Help Marketing Money People
Bull markets have valuation froth and bull markets have commitment forth. Now just by valuation froth, bull markets do not end.
RAKESH JHUNJHUNWALA

Commitment End Investment Marketing Value
I have far less than what people think, but far more than I need.
RAKESH JHUNJHUNWALA

Myself Need People Thinking
What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
RAKESH JHUNJHUNWALA

Abundance Growth Leadership Natural
I am not afraid of making mistakes. But my mistakes were those that I could afford. That’s very important: mistakes will happen but you must ensure that you keep them within limits you can afford.
RAKESH JHUNJHUNWALA

Afraid Important Limitation Mistake Yourself
I don’t think Indian e-commerce companies have an evolved business model.
RAKESH JHUNJHUNWALA

Business Company Evolution Growth Modeling Myself Thinking

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