Zoho India is one of the most successful start up company in a village and is operating a business worth around 40 thousand crore rupees worldwide. It is not so common that in these days when only tractors and farmers are in the countryside, an office has been opened in the same village and more than 1000 employees are present in 150 countries. Everyone should know the business model of Sridhar Vembo who is providing software services to customers and his garden process because Joha company business model but marketing strategies are very different compared to the videos you have seen so far. I do not even know how Sridhar Vimbu who had no knowledge of actual business but sales, learned everything from his personal experiences and failures and rose to the level of establishing one of the most successful companies in India today and receiving the Padma Shri award. Actually it was not Fraser Vimbu who founded the zoho company that we are all bragging about. He joined the company in 1996 as a sales representative. Where does the real story start in 1996 Sridhar Wimble had two brothers named Kumar Vimbu and Shekhar Vambu are brothers are started the software business in Chennai in purchase in order to do business there must be projects so Thomson gives them the software project they need with their partner in America. How do they complete the projects given by him at the time when son Shekhar is doing business they need a sales agent in America.
He is working as a software engineer in America and trusting him Even though they have no experience they are accepted by those who give them projects and representing their business in India Sridhar Vembo got some visiting cards for their business, went to a big IT conference in America and explained to all the trainees about the software they are making in Chennai. Sridhar Vimbu who is doing a software job joined and started his business career as if he had made a sale in his own company. What we all need to note here is that every decision they take since the establishment of this company is very different compared to other companies. For example if any company wants a software engineer they go to college and recruit students with good credit and academics. But how much process does Sridhar follow for his small company These four who founded the company used to take college dropouts and some students who did not complete their graduation and gave them training on coding and programming personally by Shridhar Vimbu Gare and recruited them as employees in his company. The company has grown into a 10 million dollar business by investing the hard earned income in the same business again and again to make new products. If Tony Thomson who was the CEO of this company until then resigned from his position Shridhar Wemble became the CEO of Advonant.
At a time when this company was growing at a good speed a foreign investor offered to invest millions of dollars in the company but Sridhar Vembo did not agree to it but since then Sridhar Vembo has revealed a business model that is the same bootstrapping startup model. Who has even one percent in their company it is called boostrapping startup model because whenever new investors come in the company then the company thinks more for profit than for the group and also it needs an investor to take any decisions for the development of the company so that is why Sridhar Wimble did not make partnership with foreign investors. Because of this there is no need to answer to anyone When the company starts they want to be like Tata and Reliance in the long run but the destination of the company is decided based on the decisions they are making in the group of companies. That is why I am saying this. If any company gets profits, immediately most of that money is used to expand the company or to buy small companies are used But Zoho is not like that, the maximum income coming to this company is spent to develop their software in fact this is also a main reason for the success of this company at a time when this company was developing at a good speed under the leadership of Sridhar Wimbo until 21 suddenly the dot com crash happened which means that due to the sudden stock market cross financial crises occurred in all countries and many companies came to a situation of closure.
But even though Sridhar Vimbu company lost almost 90% of the projects and suffered some financial problems this company did not reach the situation of closing down the reason for this is that even from the starting of this company they did not take big loans for their business development. Due to this even in the time of financial crisis even if they get less income they do not need to pay any debt but interest to anyone so this company has been able to sustain itself very easily. An important lesson for all of us to learn here is that whenever you take heavy loans for business or personal use with the hope of getting good income recently financial prices like the recent corona will sink you. If you do a business that can be easily handled in any situation with the same income you are getting in the future it will be another zoho company so this crisis of 2016 has troubled Sridhar Vembo a lot. So then he realized that Sridhar Vimbu who thought that he could not succeed in this business if he depended on only one product had supplied network management system till then and started making new software in his company from 2003 like managing engine and zoho CRM. All these softwares have helped Johar company to develop to the next level. In 2005 Sridharvambu started Johor University and School. The intention behind this is that in present India every year few lakh engineers are emerging but 90% of the engineers
Are not getting jobs and students are not being taught so Sridhar Vimbu who observed this gap taught coding and programs to youth for free through Zoho University in 2005 and gave them extra typhoid while they were learning. After the course was finally completed they were offered jobs in Joke Company. There is no need to be there just if you have the intention to learn you have a basic educational qualification like intermediate Sridhar Vimbu garu gives personal training and trains all of them as software engineers. They are learning justice skills and doing software jobs. Sridhar Wemble thought how advanced it was in 2005. Do you know what this company is Madin India Made for the World Johar Company CEO Sridhar Vimbu conducted a social experiment for the first time in the world. Sridhar Vembo opened his Johar Company office in the village and with about 1000 employees Joho Company services are being successfully provided to more than 150 countries from there first of all is the intention of this business model to tell you that the cost cutting will make you understand. For those who work in software jobs in any metro city like Hyderabad Bangalore, Chennai, almost 42% to 50% of their life is spent on food and account. Because the prices in metro cities are in that range but if you do the same work in a rural area even if there is a slight difference in life the cost will come down a lot.
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