Building Sculpt Nest... • 2d
Let's talk about one of my favourite Person and also An Entrepreneur. None other than one of the Kamath brother's, Sir.Nikhil Kamath. Brothers who bought stock market on smartphones. I love listening to Sir.Nikhil Kamath, the way his thinking, the way he style, the simplicity i just love the person. Personal interest aside let's start what they have built. ZERODHA : THE BEST STOCK BROKING COMPANY 📈 No VC. No Ads. Just Product and a team. 📉 High-school dropout 📈 Started learning trading at 17 🧑💻 Sir.Nikhil Kamath, call center job by day, trader by night. 💸 Lost many in trading, but still one of the best in his office. Manager's or team leaders would ask him to manage their portfolio at the beginning. Didn’t quit. He learned. He evolved. His brother ( Short intro ) : Nithin Kamath who is founder of Zerodha and He was the main key for Zerodha with his brother Sir.Nikhil Kamath 2010 Sir. Nikhil kamath and his brother started a brokerage firm Kamath associate which is main key idea for Zerodha which y'all probably know. When they started managing people's portfolio and funds they understood one thing that was : 💡 Why are brokers charging so much? So they just went on and started Zerodha 20rs for a trade let it be a hundred rupees trade or Crore. Brokerage will be just 20rs. They started Zerodha with a investment of approx 1.5Cr which they had ( as per sources ). ✅ Fully bootstraped 🚫 No ads 🚫 No investors 🚫 No bullshit ✅ Just tech ✅ Just trust ✅ Just Product What made people use Zerodha ? 🔩 Low brokerage 📱 Fast, clean app but not fancy.(Kite) 📚 Free education (Varsity) 🧠 Data-driven, trader-first minded Fast forward after few years 🚀 1.5 crore+ users 🦄 Bootstrapped Unicorn 💰 Profitable since year 1 ( One of the first Start-up ) 🪙 Sir.Nithin Kamath : ₹25K Cr net worth ( Sources ) 🔥 Still 100% owned by both brother's What's New about this ? What's the flex ? 📉 No funding 📈 Highest trust 🌱 Building Rainmatter Foundation 🧘 Mental health, clean money, climate work 🧑✈️ He's also one of the signatory of The Giving Pledge 💸 He's also providing grants to startup and also provides mentorship ( WTF FUND ) Lessons for Us, the founder's : 1️⃣ Fund product, not PR 2️⃣ Fail early, learn faster 3️⃣ Compound trust, not hype 4️⃣ Build slow, grow solid 5️⃣ Never give up Even if you feel like giving up. ⚡Zerodha = Proof that “You don’t need VC to build legacy” Who all are inspired by Kamath brothers ? Who all loves Sir.Nikhil here ? Drop more in the comments, would love to know your perspectives. *This Post adhers to all community guidelines* *The image used below is sourced by Sir.Nikhil kamath's profile through LinkedIn, a social media platform* * The content is a thought of my own knowledge, some might be incorrect, if y'all know the correct part of the incorrect statement please state it in the comments *
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