Street Smart
Mr.
Toastmaster, fellow members and guest. The speech I have prepared today is
something which not only encouraged me but will also inspire you all. I came
across this story through a book named Connect the Dots written by Rashmi
Bansal. This book is an account of the inspiring journey of 20 entrepreneurs
without an MBA who dared to find their own path. The story is of street smart
Pram Ganpati, the owner of the well-known food chain Dosa Plaza. Reason to choose this story was that this guy
completed his 10th from a govt. school in a small village of
Tamilnadu and started his career as a dishwasher in a bakery shop of Bombay. Completely
unaware of Hindi or English language, looking to achieve his big dreams in a
strange city ultimately led him to establish an international food brand. He achieved all this without any formal
training or education.
His struggle
began as soon as he was abandoned by the man who brought him to Bombay from
Chennai. With immense courage and high hopes, he decided to make a career.
Starting from a dishwasher he found himself working as a tea boy in a hotel
where his good nature and contacts led him to become a partner of 50% in a tea
stall sponsored by one of his regular tea customers. He was soon fired when the
greedy owner started making a good profit from the tea shop. Now Prem landed back
to where he had started. It was the never say die attitude that helped him
arise again, just like the phoenix bird which rises from its ashes.
He loaned some
money from his uncle and set up his own tea stall but due to some problems the
setup failed. Prem found another spot at Vashi, which was the beginning of his south
Indian empire. Through trial and error method he learned to cook Idlis and
Dosas which were a success and brought him great profits. His strengths were
branding, costing, customer satisfaction and cleanliness. He also opened a
Chinese stall beside which was a complete failure.
But his
journey to success was not a milky way and he witnessed a lot of hardships as
well. The priority problems were being failure time and again in his
experiments and the local problem of MCD, Police and neighbouring housing
society. Despite all the troubles Prem never loosed hope and found a
solution to all these problems by opening the eatery in an established rented
shop. Prem focused on being different. He started modifying and experimenting
on his Dosas to fulfil the demand of a variety of customers. Thus was
invented the out of the box menu of Mexican Dosas, Manchurian Dosas, Paneer
chilly Dosas etc. The young customers were his testers who gave their stamp of
approval.
Prem coined
the word PLAZA and so he focused on branding which led to the establishment of
a flourishing brand.
Though not
trained Prem always was updated with marketing and specification skills. He
was always inspired by famous food chains like McDonald's and Pizza Hut and
whenever he was stuck he used to think how they would have done it.
He keeping
an eye on these brands decided to trademark his Dosa Plaza and his 27 different
recipes as well. Soon his brand and the recipes were one of its kinds in the
entire market. He opened two more shops but the journey of his food chain
started from the New Bombay’s first mall named Centre One. When some of the
associates came to visit his shop for lunch they were so impressed that they
offered him to open an outlet in their upcoming food court. Despite all the
disapproval and warning of his brothers, he wanted to play the gamble to
success. Once again he depended on his relatives and friends as the amount
required to set up the outlet was very huge.
The interiors and the menu were prepared and the outlet proved a big hit
from day one leading to a profit of 15-20%. Now flourishing different outlets
far apart was a difficult task. It was then he came to know about Franchising. Not only Franchising but marketing as well
were a priority for Prem as it was important for him to bring customers to all
his outlets. His roommate an IT guy advised him to hire an agency for his
marketing. Before being a client himself Prem researched the meaning of these
two important techniques to flourish through the internet. Waking pace to pace with the market trends
Prem became the proud owner of 26 outlets across India and an outlet in New
Zealand serving 108 varieties of Dosas which are not just the part of the menu
but are actually served.
By the story
we get immense inspiration to go for our dreams. It is the dedication; zeal and
courage that can make even a common man reach great heights of success. One
needs to stop thinking and start doing from this very time. The right time to
begin is now!
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