Skip to main content

Anubhav Dubey | Chai Sutta Bar

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 provide you morale support in case you are down. Anubhav always had the vision to create an Indian tea franchise to serve the world.

Reinvestment into business You should be able to figure out how much do you need to re-invest from profits. The difference between expense , investment and return on investment should be clear enough for long-term benefits and growth.

Competition: Competition is always good for businesses and society as well. It restricts monopoly, pushes you to put more efforts, be innovative and creative enough to outperform competitors. We should be able to absorb the goodness from fellow competitors and learn daily to be ahead.

Fun-fact: Anubhav doesn't like neither drinks tea himself. But how does it matter. He says "Sell what people love to have, not what you like or love".

That's all for today. We will be getting you more blogs on entrepreneurs, their fascinating stories ans what should we learn from them.

Please do let us know how do you like our blogs. Do you want to read similar blogs in future, any suggestions you have or anything you want to ask us. If you like the blog hit the follow button, comment your views and share the blog.



Comments

  1. Do tell us if you like these entrepreneurial blogs and want to read more of these. We love your comments and suggestions!

    ReplyDelete
  2. "Sell what people love to have, not what you like or love" - Inspired from these words, bro your blog is amazing keep it up.

    ReplyDelete

Post a Comment

Popular posts from this blog

Bihar and the Education System | Bihar mein bahar h

He was completely demoralized, analysing where did he go wrong. Was his preparation not apt enough to crack the interview? Didn't he had the technical knowledge, the profile required- all this was whirling in his head, while he sat in disguise with a cup of tea. Welcome back to Shekhar Arena!  Hope you are doing fine. Today, I will tell you a story- a story of our friends, students and the teachers! There is this friend of mine who was attending an Off-Campus placement drive of a reputed MNC. He did his graduation in computer applications from a renowned institute of Bihar. 6 out of 49 students cleared the aptitude test. There he met another guy about whom he said later that guy was technically sound than him. This guy did his graduation from same renowned institute, located in another city of our state. The technical round was a WhatsApp video interview and the interviewer asked scenario based questions. He was dumbstruck, didn't understand the questions well-answers of...

Sindhutai Sapkal | Mother of thousands of Orphans

 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...