Voice Of Achievers

Family Legacy Business : Emotionality vs Rationality FT. Arjun Vaidya

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Family-run businesses contribute almost 79% to India’s GDP. Needless to say, the number of young entrepreneurs who succeed their parents/grandparents is huge. An interesting question to answer in this case is:How do you find out if you’re actually cut out for the business of if the business is cut out for you? On this episode, we speak to Arjun Vaidya, 6th gen-entrepreneur and CEO at Dr. Vaidya's: New Age Ayurveda. A degree in Economics and International Relations from USA, work experience in the private equity sector at the Moet Hennessey group and back to India to rebuild a decade old family legacy. Risks, Rational decisions, Emotions, Being Crazy and Allocating minimum resources for maximum returns on this episode. Skip to your favourite part: 8.00- Emotional vs Rational Decision Making 10.00- Being crazy and taking over the family business 13.20- Rational Optimism 16.30- What to take from the experienced few and what to leave 17.10- Entrepreneurship- The early days of waiting for orders 20.00- Sachin