As you lie there dreaming about the next best idea, creating the next big thing, all the money you could make, accolades you could earn, luxuries you could buy if your startup clicked, we have an intervention.
Sorry to bring you out of your reverie, but we have an important lesson to share with you. A lesson important for the entrepreneur in you to realise your dream. And it’s from Sridhar Vembu, founder of Zoho, who should know something about running a business considering he’s been running one profitably for 21 years.
In case you haven’t heard of Vembu or Zoho, here’s a quick update:
Vembu is the man who built Zoho, a SaaS unicorn based out of Chennai, which employs more than 5000 people, generates hundreds of millions of dollars in annual revenue — its estimated revenue for FY17 was $310 Mn — and has transformed Chennai into India’s SaaS hub. It also runs the Zoho University for unique education and staffing practices.
You might say Zoho’s not the only company in its league. Well, it is, if you consider the fact that Vembu has been running Zoho as a bootstrapped company for 21 years now, and it has been profitable every single year since its inception.
Now you see why we had to intervene? We thought Vembu is just the person to share his secret sauce of running a profitable company with you. Inc42 caught up with Vembu for a Facebook Live AMA, where we asked him how he keeps creating milestones and achieving them.