|
Gaurav Jain and Pallavi Gupta were techies working in Bengaluru before they turned entrepreneurs. Mast Kalandar, the chain of restaurants they started in 2005, now has 18 outlets and they plan to expand this to 100 by 2012.Here are a few of the question and answers selected from an interview with Rediff.com, Gaurav Jain talks about their journey as successful entrepreneurs.

How were your days as techies?
We came to Bengaluru after passing out from IMT (Institute of Management Technology), Ghaziabad. We had a great time as IT professionals and, officially, we travelled extensively in the Asia-Pacific region.Slowly,
we started feeling stagnant. There was only so much you can do while working for a company especially if they are the big ones
like TCS, Wipro, etc.
Were you interested in becoming entrepreneurs even while studying?
Even when we were in our B-school, we had this desire to start something of our own. We would say right from 1998 when we joined the B-school,we had this dream to be entrepreneurs.
Did you have an entrepreneurial background or the B-school atmosphere gave you the idea?
We would say, both. Both of us come from business families, rather we do not have service-oriented backgrounds. Almost all our family members are into business. So, we are brought up in a business atmosphere.Then, B-school gave us an opportunity to work on our ideas and develop them as business propositions. At the same time, we also wanted to work, and both of us enjoyed working as technology managers in Bengaluru. But the seed to be an entrepreneur was always there.
When did you start thinking about starting an enterprise?
There was not a moment we didn't think about it. When we were in the B-school, there was this dot-com boom. We went ahead and registered a company as students.Even before we started it, we discovered that it needed much more capital than what we had as students. We had no intention of asking our parents to help us out in our venture. So, there ended our first venture. Later when we were working for these IT giants also, we never stopped thinking about starting our own venture.
We were always partners in our ideas. In 2002, we decided to be partners in life too.
Finally, when did you decide to take the plunge?
We were in Australia for one year on assignments. Pallavi worked with some retail giants there and got to know a lot about retailing. Though I worked with an IT company, I was a consultant to chain retailers like Pizza Hut. I worked with them on the floor understanding what it takes to run a chain. That was when we decided that we would be in the retail space.We came back in 2004 and like typical MBAs, we started working on market research, presenting the blue plan of three ideas to some of our friends, etc.I resigned from my job and seriously planned what we wanted to do.
Did you have to think twice before quitting a well paid job?
The desire to start something of our own was so high in our mind that I resigned first and dived deep into the project. Another thing was, when we had decided to be entrepreneurs, there was no point in waiting. If you delay it, the courage to start your own enterprise will diminish.
the whole interview can be found out at the link:
http://business.rediff.com/slide-show/2010/oct/14/slide-show-1-from-tech-whizkids-to-top-restaurateurs.htm
|