Started with a minimal capital of 3 lakhs, Chai Sutta Bar (CSB as we say) has a turnover of more than 100 crores. It has 400 franchise outlets spread across India and abroad including Dubai, Muscat and Nepal. Welcome to ShekharArena! Today we will let you know about Chai Sutta Bar and elements of business that have helped them achieve this feat. Till today, Chai Sutta Bar is a bootstrapped business. Bootstrapped means they haven't taken any loans or external investments to fund their business. Product Range: Initially they kept adding new products to the inventory and made it to 200 products. This is a common mistake that most early age investors do. Menu design should focus on how we can maximize no of products with less raw materials, less resources and same SOP with little modifications. They learnt it the hard way and now they serve only 21 products. Initial Team: The initial team structure should align with your vision. Not only the team should give 200% efforts plus can prov...
From begging on stations at the age of 20 to becoming the mother of more than thousand orphans, how did Sindhutai Sapkal became mother of so much kids. She saw life at the worst and then decided to help others for whom no one is there to help. Welcome back to Shekhar Arena! Today we will let you know about a person who all of us should know for the noble cause she did to the society without asking anything in return. Today we will talk about MAI- that's what her kids and people who knew her called out of love and affection. At the age of 20, she was sitting, crying at a station and had a 10-day baby with her. She saw another beggar crying in loneliness and disgrace. The person wanted to have some water before death. She went to the beggar, offered him roti so that he can have food and water before he dies. Fortunately the beggar didn't die nor did Sindhutai. She started "Sanmati Baal Niketan" for orphans and beggars. In today's world where everyone is thriving b...