Building Successful Products and Companies

Have you discovered the optimal strategies for investing, considering factors like risk tolerance and financial goals? How can you build a successful company by prioritising the cultivation of a loyal user and optimising product retention rates? In this week's insightful interview, Mukesh Bansal, Founder of Myntra and Cult.Fit, is in conversation with Lalit Keshre, the CEO of Groww, one of India's largest stockbrokers. Lalit breaks down the details of investing, guiding you in picking the right funds, telling you the best times to start investing, and covering other important aspects for a successful investment journey. Lalit's expertise is shared in simple terms, making it easier for everyone to grasp the ins and outs of the investment world. Join us for a captivating discussion with Lalit Keshre as he unveils key frameworks and insights that have contributed to the success of Groww, shedding light on the dynamics that drive impactful companies. Chapters 00:00:00 - 00:01:03 Episode introduction 00:01:03 - 00:03:53 The establishment and development of Groww 00:03:53 - 00:06:23 Lalit talks about the impact of financial services in recent times in India 00:06:23 - 00:11:33 Mukesh and Lalit discuss the foundations of building a successful business 00:11:33 - 00:17:57 Lalit dissects product development frameworks to guarantee customer satisfaction and engagement 00:17:57 00:22:12 Why is it important to be passionate about your product to run a successful B2C company? 00:22:12 - 00:26:48 Lalit elaborates on the origin, purpose, and evolution of “Groww Code” 00:26:48 - 00:32:01 What factors enabled the rapid growth and success of Groww? 00:32:01 - 00:35:53 How many people actively invest in the stock market today? 00:35:53 - 00:53:51 Lalit advises on various factors to consider when starting your investment journey 00:53:51 - 01:07:15 Lalit discusses his observations, and vision for the economic progress of India 01:07:15 - 01:10:56 What are Lalit’s aspirations and goals for Groww’s future? Resouces: 1. Product-Market Fit Survey: https://learningloop.io/plays/product... 2. Basics of Investing: https://www.investopedia.com/articles... 3. Psychology of Money by Morgan Housel: https://www.morganhousel.com/ 4. Same as Ever by Morgan Housel: https://www.morganhousel.com/ 5. Fastest Growing Cities in India: https://www.weforum.org/agenda/2018/1... 6. Stock Market Penetration in India: https://www.businesstoday.in/markets/... 7. To know more about Groww: https://www.ycombinator.com/companies...