Raj Shamani's Figuring Out
Dropout To Billionaire - Zerodha's Founder Nikhil Kamath's Journey To SUCCESS - FO5| Raj Shamani
07 Oct 2021
In today’s episode of Figuring Out, Raj Shamani is in conversation with Nikhil Kamath. He is the co-founder of Zerodha, a Fintech company which is India's largest trading platform. He Co-Founder Zerodh with his older brother Nithin Kamath in 2010 in the southern Indian city of Bangalore. The company is mostly bootstrapped. Nikhil Kamath dropped out of school as he hates going to school. He was 17 when he got his first job at a call centre. And then he started trading in stocks, later he took up trading seriously and now, Kamath, a billionaire, is leading the country's most successful stock brokerage firm.In this video, he discusses how he moved out of his house and went from working at a Call Centre to Building up One of the Largest Businesses and becoming India's Youngest Billionaire. He also shared how he made money my trading in stocks, investing and financial mistakes most people make, what is the difference between trading and investing, mistakes people should avoid while trading and everything related to stock market, investing, trading and wealth creation.-------------------------Link to watch the podcast: https://www.youtube.com/watch?v=cpg78ouK54I-------------Timestamps:00:00 Intro01:01 Sponsored by Coinswitch01:28 Talking Points01:53 Why he moved out of his house04:18 How he Made Money by Stock Trading06:00 How he started selling insurance07:58 Do we really need to be Good at Sales09:25 What is the Best Way to Learn Sales11:40 What did he do After the Call Centre Job16:43 Investing VS Trading18:35 Mistakes to Avoid in Trading23:48 Why aren't Most Indians Financially sound29:25 Which Philosophy in Life has helped him31:00 Why do we feel compelled to act smart34:47 Is Socialism a Problem?38:44 Are Leakages ever going to Stop?39:17 Rapid fire with Nikhil43:50 Outro
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