Born and raised in Mumbai, Dilipkumar Khandelwal hails from a conventional Rajasthani Household. He was introduced up in an setting the place you go to your store within the morning and are available again within the night. He says that happily, he had the posh of not having to undergo the hardships that his grandfather needed to undergo.
“My grandfather has a superb story. My grandfather was 17 when he left the small village in Rajasthan and got here to Bombay. He began establishing his enterprise of dry fruits and sweets. Until at present and all through my life, the one that has had the utmost influence on my life is my grandfather. He lived a quite simple life, he was very grounded and really respectful to everybody. I learnt this from my grandfather,” Khandelwal reminisces.
Khandelwal says that his mother and father by no means compelled him and his brothers to hitch their household enterprise. They supported him and his brothers to do no matter they need. Though they didn’t need the enterprise to die however they by no means pressurised anybody. At present, considered one of Khandelwal’s brothers is CA and the opposite two brothers joined the household enterprise.
“Our mother and father despatched us to glorious colleges and faculties. Though I used to be not a man who got here first in school, I used to be all the time within the high bracket. I don’t know if I loved my research however I used to be severe about it. I beloved sports activities extra. I used to really feel the strain of exams and research. I used to be not an individual who will examine morning to night or all year long,” he says.
It’s a custom in Rajasthani households that the elder son joins the enterprise. Though Khandelwal was the eldest son, he and his household determined he’ll be taught in regards to the company world and can return to enterprise after 10-12 years. “Rising up, I had no thought what I wished to do. Once I was in 10th customary, it began turning into increasingly more clear. If you find yourself in a conventional Rajasthani household, as soon as you might be out of school, you both play or go to the store and also you spend the entire time studying how the entire thing works. Once I was finishing my engineering, I realised, though the enterprise was going nicely, the true problem was methods to scale the enterprise. My intention was all the time to find out about methods to scale the enterprise throughout the given constraints, methods to increase the enterprise in fewer assets. My plan was to return to enterprise after 10-12 years.”
When Khandelwal was in school, electronics and telecommunication was an enormous factor and that’s why he determined to do his Engineering in Electronics and Telecommunications. When he was in school, 90% of his classmates went into IT corporations and so they had been coding and that’s why there was a number of strain on him to be a coder.
He joined Grasim Industries and was positioned in a really small unit in Tamil Nadu the place they had been establishing a brand new plant. Khandelwal was one of many three -Four individuals they employed within the IT division. His supervisor of that point – Okay R Krishnakumar with whom he’s nonetheless in contact, divided the duties and Khandelwal was given an administrative function. “I used to be very sad. Krishnakumar informed me to attend for 15 days and if I nonetheless don’t like I can transfer on. However I began having fun with the work. Someday Mr Krishnakumar stated to me – You can not develop right here as a result of there’s a limitation. Why don’t you begin looking? That triggered me. I made a decision to depart Grasim and joined SAP. That’s how the lengthy journey of 18-19 years at SAP began.”
When he was working with SAP, in these 18 years he labored in many various departments like improvement, testing, infrastructure, accomplice acquisitions, integration and he determined that he needs to go a lot broader when it comes to studying and giving publicity to varied issues.
“If you find yourself doing these things, you as an individual are all the time considering that I’ve learnt this for three years and now if I be a part of once more will I lose one thing and can you compete with an individual who’s youthful to you? You all the time have this dilemma in thoughts. However with me, I used to be by no means actually apprehensive as a result of I used to be consistently interested by studying totally different facets of the enterprise. If you change departments, it’s important to begin studying all the pieces from scratch. However I’ve learnt that after a human is into that nicely, he’ll come out of it.”
Khandelwal had a plan that he would return to enterprise after 10-12 years. However he determined to remain within the company world as an alternative. He says he was lucky to be part of such good corporations. “I assumed if I’m going to remain in company, what’s the closest you will get to enterprise is the power you get from younger founders.”
About six years in the past, Khandelwal’s good friend who works with a enterprise capital agency began introducing him to a few startups. “I began having fun with that journey as a result of I feel the power they bring about. The dangers they take which I used to be not in a position to do once I was younger. I began having fun with that journey. It has turn into my interest and I’ve met round 1500 founders within the final 5-6 years. I do that very religiously on Saturdays and Sundays. I’ll by no means lose contact with younger entrepreneurs. As a result of I come from a household the place everyone seems to be an entrepreneur so entrepreneurship is ingrained in my blood. I’m constructed right into a system the place you use independently.”
Speaking in regards to the challenges, Khandelwal says, “I’ve learnt that the best method to resolve an issue is to be clear and sincere, perceive your challenges. For those who begin hiding it, it will hunt you down in any case. Attempt to deal with your issues head-on. If you find yourself working with a staff, the staff will all the time help you and show you how to provide you with a artistic answer. My normal philosophy is when you find yourself constructing your staff, I really feel I ought to rent people who find themselves higher than me at this job.”
Khandelwal has a unique philosophy about work. He thinks there isn’t a life with out work. He says he isn’t an individual who may have a very good life and not using a profitable work life. However between the age of 20 to 40, he was working continuous and it didn’t assist him from the well being viewpoint. However he says he was fortunate sufficient to have good individuals round him to make him conscious of this downside. And now It’s been 5-6 years that he tries to spend at the very least 30 hours a month biking, operating or enjoying badminton. “It makes me really feel extra energetic and likewise impacts my work in a really optimistic manner. However whereas doing that I made one factor very clear that I’m not going to compromise on meals. I’m an enormous foodie. I like every kind of meals however particularly road meals in Mumbai.”
Khandelwal says there isn’t a substitute for laborious work. You may be gifted and also you might need sure talent units that others don’t however I can assure you that in the event you do laborious work then you’ll be able to nullify the opposite gifted particular person. With the laborious work you place in, you’ll be able to take away your gaps. When your expertise mixes together with your laborious work, it’s simply phenomenal. “In terms of laborious work, I’ve a philosophy- Run it like it’s your personal whether or not you might be working in company or startups. Take accountability, duty and don’t run away out of your issues.”