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In the latest episode of Figuring Out with Raj Shamani, we are in converation with Ajai Chowdhry. Ajai Chowdhry is a visionary pioneer who cofounded HCL in 1976 with five others, with a dream of using the microprocessor & changing the world. He spearheaded HCL’s expansion into Singapore in 1980, & created a successful business spanning ASEAN, China, & Hong Kong. Today, HCL is valued at an impressive US $50 billion.
Ajai has played a leading role in the establishment of the electronics industry in India, serving on government committees since 1999. He has been nominated by MEITY as a Member to the Advisory Board of India Semiconductor Mission. He has also been appointed as a member of the Consultation Group on Science & Technology and Innovation Sector & as a Member of the Committee on the Semiconductor Sector by NITI Aayog.
In recognition of his efforts to build the IT & Electronics industry in India, in 2011 he was conferred the prestigious Padma Bhushan, by the Hon’ble President of India. He is the recipient of many other awards, including the Electronics Man of the Year 2010, CNBC TV18’s India Innovator of the Year Award 2010, & Cybermedia Business ICT Award 2013 for Lifetime Achievement in ICT.
In this episode we have talked about how he built HCL from scratch, leadership lessons & skills every leader or CEO must have, how to become the best salesman, rise & downfall of nokia & Indian government, future of IT sector and much more.
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00:00 - Introduction
02:00 - How did HCL start?
04:58 - Investing in startups
06:47 - Why startups should have multiple co-founders?
08:16 - Problem with single founders
10:31 - Mamaearth founders
11:05 - How to become a good leader?
14:20 - How to become a good salesman?
18:51 - Power shift concept of sale
21:18 - 2 Qualities of a CEO
24:05 - How to make connection with people?
24:52 - Steve jobs leadership style
28:17 - Giving feedback to employees
30:54 - Difference between good to great company
33:01 - Rise of Nokia
33:53 - Downfall of Nokia
37:34 - Why did Kodak fail?
39:05 - Reliance's contribution to India
43:30 - Right to repair policy
46:41 - Is modi government good?
51:24 - Challenges for young entrepreneurs
56:01 - Salary of HCL Chairman
57:13 - Conclusion
About Raj Shamani
Raj Shamani is an Entrepreneur at heart that explains his expertise in Business Content Creation & Public Speaking. He has delivered 200+ speeches in 26+ countries. Besides that, Raj is also an Angel Investor interested in crazy minds who are creating a sensation in the Fintech, FMCG, & passion economy space.
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