8 minute read
By Legends And Inspiring Others
from Prime Insights
Companies can rise and fall with time. There are, however, organizations that have stood the test of time. Their secret is a strong leader, who inspires their teams, gets others on board with the company’s mission, and drives creative problem-solving. Everyone from shareholders to shoppers to workers values a strong leader at the head. The life story of Chetna Jhamb, India’s most influential business leader, is presented here.
Overview
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Ms. Chetna Jhamb is a businesswoman who has launched companies in the United States and India. She was involved in many different industries and businesses. First, there is the media industry in the United States and India. She expanded into other ventures later on, including the healthcare industry, which she has been active in across the US and internationally. Her team and she are developing a new digital firm offering various services. They will soon roll out a public version of their social media app.
She began working at an early age, juggling several jobs before launching her company in the United States in 2016. Ms. Chetna first stepped foot in India a year ago. She is an Indian film producer, and her regional film “Begunah” is about to hit theatres. Making a positive contribution to society is central to her concept of success. She has the potential to improve any situation within her sphere of influence, bringing about greater prosperity and providing future generations with more promising employment prospects.
MS. CHETNA
Maintaining a Healthy Balancing Act
Even though Ms. Jhamb’s professional life is highly demanding due to multiple diversity and then traveling so often all over the world, she still makes an effort to manage her private space by doing a couple of things. She enjoys meditating as a hobby. As a result, She has a pretty comfortable life, and she schedules at least three hours a day for herself to do her chores and whatever makes her happy. That’s why she leans more toward metaphysical realizations; it’s just who she is.
Ms. Chetna’s Struggle
According to Ms. Chetna, “Challenges and the realization that growth occurs first in your thoughts and the courage which lies within you are universal to anybody who embarks on an endeavor of their own.” It takes time for those activities and significant works to be seen by the world. It’s about time she got recognition for her part in the fight in these spheres. The fact that she was given a chance has left her feeling fortunate. No matter what it is, she is doing it for the sake of development. She gives credit where credit is due—to her parents and God—and acknowledges that adversity is inevitable and that even death can teach you more about life than joy. She is conscious that her knowledge and expertise are a source of power and insight in making decisions.
Maintaining a Frenzy with Market Changes
Ms. Jhamb considers time signifies the growth of various types. When something like this happens at a corporation or on a global scale, people need to develop a parallel framework, especially in light of the dramatic shifts she has witnessed over the previous five years. Nonetheless, since COVID, things have heated up considerably due to the radical reconfiguration of several buildings. All of that is honored by her. According to her, for trends to persist, it is necessary to combine an awareness of consumer demand with an appreciation of the products being introduced by businesses. Since she works in the ever-evolving media and technology fields, where even the smallest of changes can present significant obstacles, she constantly strives to ensure that her products remain consistent so that her audience can continue to enjoy them as intended. Even yet, it’s a stimulating environment to live in, and the expansion of both the environment and the trends facilitates rapid expansion in both areas.
Development and Research
Although you put too much stock in your instincts, Ms. Chetna Jhamb agrees that R&D is essential. Most of the actions she has taken for her business so far have been based on intuition and the belief that one’s gut instincts can be correct. Still, she always has enough data to back up her gut when taking on new responsibilities.
Struggles between CEOs
The CEO of a company needs to consider the company’s strengths and the story the product is trying to tell before worrying too much about the competition. If the structure remains the same every time, then competition is inevitable.
Employee Satisfaction
According to Ms. Chetna, “It’s crucial to ensure that your company’s policies are applied consistently and fairly to all employees. “Contentment” is a broad term that can mean different things to different people, so employers’ ideas of what makes their workers happy may differ from those of their workers.”
Skamakhi’s Message
Attempting something like this modern-day, world-altering equation is highly challenging. It’s a nice place to be, but it’s not producing any guiding principles or disciplinary norms. These days, no one is true to themselves, and as a result, society’s foundation is ill-defined. The ideas’ self-control and rigor ensure they won’t be abandoned. Money isn’t everything, but it’s a factor. Accordingly, Ms. Jhamb seeks out temples dedicated to spiritual figures like Swami Vivekananda and Chanakya Niti, where she believes her gods to be housed. She would always look for ways to incorporate that into her life and the world. She adds that Humans must try to communicate well in society. From there, listeners can determine whether or not the speaker is being true to their character or simply saying those things to please them. In the end, it’s up to you to make sure that you’re a part of whatever you say, which is why Ms. Jhamb rarely tried to transmit anything and instead focused on being true to herself by sticking to the same principles and values she’s held fast to all her life.
CEOs Participation
In the entrepreneurial world and here, in the end, it is all the changing environment, so the more the brain grasps, the easier it is. Still, there is no equation of stability that any CEO is trying to find out nowadays how to create that stability because every time there’s a twitch and turn. Also, that gives a lot of challenges. All things said above have come from Ms. Chetna.
Staying True to Your Goals
Ms. Chetna Jhamb is aware of the stereotype but knows from experience that it is crucial to subvert expectations wherever possible. She says, “There will be difficulties, but the most important thing is to make sure your finances are under control, and you know what will happen if they aren’t.” People often give up or declare doom if their finances aren’t where they need them. Hence, it’s important to devote at least three years to developing a thorough business plan.
Plans for the Long Term
Ms. Jhamb believes that in today’s world, everyone and everything has a place. She agrees that careful and strategic planning makes the growth factor possible. In light of this, she feels confident in her ability to generate substantial employment opportunities soon. She has the opportunity to contribute much to developing the countries where her businesses operate, including her home country of India.
Corporate Social Responsibility
The company hasn’t publicly discussed its philanthropic efforts so far. Still, it plans to get involved in some largescale causes soon. These causes will form the basis of the company’s corporate social responsibility (CSR) efforts, along with the promotion of any kind that both benefits the business and satisfies the needs of others.
Instructions to Readers
According to what Miss Jhamb has learned about the Prime Insights audience, if you’re reading all these articles, it’s because you have the ambition to become—or are—something in life. Be confident that you are prepared for whatever lies ahead and have the guts to stay in that atmosphere until your fear breaks. You must put in the time and make sure your inner power is in you; you must disconnect from negativity and noise to develop. Nothing exists outside of your mind. Readers in both the aspirant and accomplished categories who find value in Prime Insights should keep that in mind.
When in India, finding hotels within budget was a bigger issue than the availability of hotels, a man came up with a vision of creating a solution for people looking for affordable hotels and introduced OYO Rooms at a young age. This man’s name is Ritesh Agarwal, the founder and CEO of OYO Rooms. It has successfully resolved issues relating to the availability of hotels and their cost and cleanliness. As India’s largest budget hotel chain, OYO Rooms has emerged as one of the country’s most successful start-up businesses in recent years. It now has a presence in every region of the world, with a total of 46,000 vacation homes, 850,000 hotel rooms, and 23,000 hotels.
Ritesh Agarwal, who is still in his 20s but has already become one of the most successful businesspeople in the world, is the man who came up with the concept of OYO, which means “On Your Own.” Ritesh Agarwal was obsessed with technology and also had a strong desire to travel all over the world. During his travels, the problem with inexpensive motels came to light. Ritesh Agarwal came up with the idea to create Oravel Stays when he was just 17 years old. The company, modeled after Airbnb and ultimately became OYO rooms, was launched by Ritesh.
The Journey
Ritesh Agarwal was from a modest household and spent his childhood in Orissa’s Bissam Cuttack. Ritesh Agarwal received his education at Sacred Heart School in Rayagada, Orissa. He had a strong desire to start his own business, so to work toward that goal, he enrolled in the Indian School of Business and Finance in Delhi. His goal was to become an entrepreneur. Despite this, he quit college in the middle of the semester to launch his own business. Because he wanted to see the globe, he became aware of the absence of reasonably priced hotels in India that offered satisfactory service levels.
If he locates reasonably priced hotels, however, there may be a problem with the absence of essential amenities such as comfy mattresses, air conditioning, breakfast facilities, and wireless internet access. It sparked an idea in his head for something he might accomplish to fix these problems.
He combined his passion for exploration with his infatuation with modern technology to produce something of service to others. This young man found his way to success, although his journey did not have an easy path, that it had difficult roads, such as issues with funding, marketing, and reaching out to the investors and property owners, and also faced mixed reactions from friends and relatives around him and other things like that; however, this young guy did find his way.
He got his start on the road to success by developing a website called Oravel Stays, which made it easier for consumers to find and book hotels at reasonable prices in their immediate area.
It was useful for travelers to identify hotels within their price range. Still, it did not fulfill the objective he had in mind when he started this endeavor. Soon after, he had the epiphany that the primary problem lay in the non-standard services, so he revamped his previous company model, improved it, and relaunched it as “OYO Rooms,” which offers rooms that are easy on the wallet and come with the usual amenities in over a thousand hotels all over India and has since expanded to other parts of the world.
OYO rooms are nothing more than an idea to create India’s largest chain of cost-effective, young, and standardized rooms. The company’s goal is to build the hippest chain possible that will meet both the fundamental standards and the high expectations for rates in a manner that has never been seen before.
The life of Ritesh Agarwal should serve as a powerful lesson and motivation for everyone with dreams of starting their firm and making their mark in the world of commerce. One of the primary qualities contributing to this individual’s success in becoming India’s youngest billionaire is his exceptional capacity for original thought.
Mr. Vishal Vyas Director & Talent Expert