GROUP MEMBERS Kartik Baranga-C-04 Gauri Mahale-C-20 Rupali Mehta-C-22.

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Presentation transcript:

GROUP MEMBERS Kartik Baranga-C-04 Gauri Mahale-C-20 Rupali Mehta-C-22

From Rags to Riches

About the Case extraordinary story of An ordinary man Story of an entrepreneur who runs a food-chain A crorepati who lives in a hut!!!

About the Man Name: Mr.Sarathababu Education: Engineering Graduate from BITS PILANI Post-Graduate from IIM-A Place : Madipakkam, Chennai Company’s Name: Food-king

“Every Cloud has Silver Lining” Modest Background Drew Inspiration from his mother Labored hard during childhood “It is better to light a candle instead of cursing the darkness”

A Tough Beginning First Generation Entrepreneur Inexperience Started his Cafeteria business in IIM- Ahmedabad Lack of appropriate decision making skills

Why did he start College Cafeteria?

A night full of Agony Slept on the Railway Platform in Mumbai Lost the Contract “When Problems come they come in battalions”

The Sweet taste of Failure Initial failure in Cafeteria Business Never Say die attitude Quick realization of his mistakes

A Sudden change in wheel of fortune Got an offer to start a unit in BITS Pilani Offer turned out to be more profitable as compared to the business in Ahmedabad “Fortune favors the brave”

Key Learnings Simplicity and Modesty Never say die You need determination and a tough mind to cross the initial hurdles. If you are starting without much money, you should not have any overhead expenses. Social Responsibility

Why 90% employees in Sarathbabu Organization are uneducated?

What according to you should be his future plan of Action?