Mar 02, 2025 06:16 PM IST
The OYO CEO stated concern, embarrassment, pleasure and vanity are the most important enemies of entrepreneurial success.
OYO CEO Ritesh Agarwal revealed throughout a dialog on the Mumbai Tech Week that he nonetheless cleans washrooms at his accommodations. “I still, sometimes, clean washrooms as a role modelling exercise,” he stated on Saturday, March 1, Moneycontrol reported.
Ritesh Agarwal was talking at Mumbai Tech Week on March 1(Bloomberg)
He went on so as to add that based on him, concern, embarrassment, pleasure and vanity are the “biggest enemies of entrepreneurial success” and thus entrepreneurs should go away them.
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Agarwal stated it is rather exhausting for individuals to just accept these items as a result of upbringing doesn’t train us that.
“You have to leave ‘sharam’ (embarrassment) and ‘ye kaam mera hai ye kaam dusre ka hai’ (this is my work and that is yours)…Are you looking to pride seeking or are you looking to be wealth seeking? I am very clear that I want to create a big impact,” the billionaire additional added.
He was responding to a query on what can be his recommendation to budding entrepreneurs on concern of failure.
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Ritesh recollects humorous incident linked to washrooms
Agarwal had as soon as recalled that a few individuals had as soon as pitched their startup concepts to him when he was ready in line to make use of a washroom on a world flight. He stated that he started speaking to the primary individual “out of respect” and was stopped from utilizing the washroom by the second individual.
“I finally requested them that I want to use the washroom as it is urgent,” he humorously remarked throughout an interplay that went viral on social media.
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A number of social media customers have known as him humble and an “amazing entrepreneur”.
Ritesh Agarwal made it to the High 10 youngest Indian billionaires within the Hurun Wealthy Checklist of India 2024. The founder and CEO of OYO Rooms, a hospitality chain, ranked sixth with a web value of ₹1,900 crore on the age of 30.
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