Outcome of Life is Based on the Choices You Make in Your Journey
[Music]
hi guys how are you
after such a powerful presentation by
journal
i think there’s no need of me actually
right because
everything was done by him and so i
think we should have a huge round of
applause for him again right because i
was born up
so so i haven’t done much preparation
honestly because i don’t know why ayush
has called me up here because this is
about you people
and how you get charged up you know so i
will try my best because
i haven’t prepared much my team has
given me a little bit input around
tedx yesterday only you know jeremy
technology entertainment
and of course design right so but i
think
i want to focus more on this you know
which general also talked about
that you will have a lot of choices
right you have to make a lot of choices
in your life
in the journey of life you know and i
know
most of them most of people you’re
around 15 16 17 age
you know largely born in this decade
only you know in this century only
and i believe you know you people will
be
more in action when 2030 will happen
2040 will happen right
so you have to prepare yourself for then
that two decades
right and that two decades will only
happen
once you take right choices in next 15
years
or maybe next 10 years right so i want
to
start with my own experience first so
that i can relate
and you can relate my life to your own
challenges and then we can have more
wide discussion around it so i’ll start
you know i’m a 71 guy
you know i start from 83 you know 83
my dad served in government right he’s
an engineer
83 i get failed in eighth eighth class
and the reason was because my english
was not too good
and i just failed it right so my dad
made a choice that
why can’t i ship this guy to hindi
medium
and from 83 to 90 i actually studied
hindi medium right
and but in that seven years i get my
confidence back
i got my confidence back yes i can also
do something
you know but in 90 you know
i took one decision that you know i’m
not that do good in
maths so i won’t select physics
chemistry math
you know i would rather opt for commerce
and i i didn’t go for
arts because in those days arts means
type right so i picked commerce
and i don’t know what happened in 90s
you know
once i picked commerce you know my
confidence
my performance my self-belief belief
gone up you know that i can also do a
lot of better things in life you know
and for next five years i became
chartered accountant
and in 95 and and that’s one story also
in 95
that i actually failed four times in my
c exam
four times her right but i
thought myself that you know boss this
is not going anywhere
one of the chat accountant will pass on
like you know after failing will not
have much difference in the market to
the society
to myself so actually i opted out that
you know i’ll not give
two to semester actually i jumped off
two semester
and put myself into a category that you
know in third semester
i will get myself in married and guys
what do you know what happened
i was in marriage of c exams in 2094
right
so i think again i made a choice that
you know i want to lead
to semester i want to focus one more and
then i want to be best in that right
so the idea is to tell you guys that you
know you have to make right choices
in in your life in your life and that’s
what general also told you that
you have to have aim you have to aim
right
so if in that aim you have to make
decisions right
and in sixth seventh he took decision
that he want to become soldier right in
it
some doctor took a decision that he want
to become doctor right so i think
11 12 is a founding years for you
correct
so in that founding years you have to be
sure enough that
why are you taking these choices you
know why you are making these choices
right
and your choice has to be good enough
that in
in 30s and 40s you know when the action
come on you
you can perform right and in 95
you know again when i got married you
know i had a
lot of offer of jobs a lot of our jobs
right
but again i took the view that i won’t
do any job
because i didn’t like my father doing
job right it was very hard
kind of working so i didn’t like that
kind of environment
and being a government
son you know government uh you know
government father son
right you know where i figured out that
i didn’t have any capital
but how to start a business so again
again i made a choice that you know
come what me come what me i want to
start my own company
i want to start my own company and i
think au bank which we are all talking
about now
was founded in 95 it was founded in
january 96
now it’s close to 25 years and you know
you have seen this the kind of progress
we have made in last
you know 25 years now you know it was
one man army sir
i started alone you know now after 25
years you know we are around
15 000 people with more than
2 million customers with a net worth of
close to 1 billion
you know and across around 11 states
so i think and in this journey of my
professional life i also made a lot of
choices you know
and i’m very honest here that being in a
charter accountant
the initial year was to not to pay tax
you know do a lot of tax planning right
but i think in 2002
i said to myself that you know sanjay if
you want to become a right businesses
or you have to build the right business
you have to pay tax
you know and it should not come with a
choice
so certain things you people has to do
because
it demand of the time it is a rule-bound
country you know we have to honor
compliance
we have to honor your rules regulations
and 2003 you know i started paying tax
you know honestly on this forum i would
have to admit that you know
before that it was not a right choice
but 2003 i put
myself in that mindset that come what me
i have to pay taxes and that was very
hard
choice because in those time we were not
that compliant country honestly
correct so but 2003 onwards
the moment i started paying tax a lot of
people started looking after us
that why this team is doing such an
amazing job and they started putting
money with us right
and again in 2008 we made a choice that
you know
i want to share the wealth let’s become
more inclusive
let’s respect diversity correct and in
2008
we brought private equity guys we got
many more senior management team and
started building the organization
and 2014 again
there was a choice that you know we
would have run our organization in the
way we were running from last 20 years
but rbi offered us to transit
from a nbfc to bank
and again you will appreciate that you
know a normal business
which is can be run without regulation
or with the sub standard of regulations
but bank has to be run
on a top-class regulation right it’s a
public deposit
in the end so but we chose a way that
you know again
that no we want to be in the right side
of the regulation
and let’s become bank and 2017
we had become a bank and again last
three years you know
post bank an amazing journey honestly
because
now i think in last three years we have
learned that you know
what is all about responsibility what is
about
scalability what is about you know
forever kind of journey
you know how you can sustain yourself
for next 200
300 400 years right so if i want to ask
one question to you people right
which is the oldest bank which is
still being run in this world any
guesses
oldest bank in this in this world
any guesses you guys have google right
right so if you go and do google
the oldest bank is around 1465 ma’am
1465 which is still being run in europe
the italian bank you know in 1400
odd years we were having akbar correct
the india was ruled by akbar in those
time
the institution called bank was formed
in italy
which is still being run so i think
again we made a choice
that you know we have to be in a
business which can be
long term which can be sustainable over
the years
which can last forever you know i used
to say to my team that you know
let’s bring let’s build an institution
you know which can last for another 500
years
and if i had a rebirth can i come and
join this bank again
you know so i think that kind of
energy that kind of aim i think this
institution can give you
and of course we all have to respect the
democracy you know because i personally
believe that
this has happened because of the
democracy we’re enjoying in this country
you know a lot has been said in last
five six years but i am running this
business from last 25 years
you know and i haven’t seen a singular
incident to myself around that you know
that we are not we are living in a
country which is scared
which is have personal favors or which
can be done only to a selective people
no you have to believe that there is a
power of democracy
and and i i hope you must be knowing
that
we are very lucky one that in
the universe of around 7 billion people
you know
close to 50 people live in democracy
and we are one of them you know and
of course next i think is is about
diversity
you know if you can if you can build you
can understand diversity
i think you can build anything for you
you can build anything for you
so i think if you make right choices
you use the power of democracy
and you do inclusiveness you know
you people can build a next
world for you i am very optimistic that
in india next 10 years there’ll be huge
transition because i have seen that
transition in 90s also but that was an
economic transition i think the country
is going through a next phase of
transition
where we need to identify ourselves
right
but i think the decade of 30s the decade
of 40s
will belong to you so you have to
prepare yourself
in a way that you don’t do large
mistakes
you know you don’t do large commitment
which hampers your future
right but be there and i think perform
right and you can imagine that people
like me
uh from nowhere has done this
you know so if you are so educated
i think and general principles of war if
you can adopt
execute you know and i’ll
also say one thing you know don’t be
high and dry
this principle of wars can only be
fruitful when you execute
there is a difference between
understanding
learning and then execution many people
will learn and understand
but few will execute
so i think your focus should be on
execution
focus should be that how we really
understand the situation
how you really know the reality
and then execute and i think
in next 30 40 years you know
as everybody is saying is that india
will be next superpower next super power
but how will you do that you guys have
to do that
you have to do any of that any of you
can think big
right and just be there just be there
and use your next 10 years
so importantly on you only
invest in you understand you
and then build so i think in the end
i think i would say ma’am thank you so
much for this opportunity because i am
not a
big speaker but uh i would only say you
he in the end it’s up to you to sun
ebola i think it was an amazing
line to remember forever that i am the
master of my fate
and captain of my soul i think it’s
though line me supposedly
and if you can remember these two lines
every day
every moment i think your life will be
changed
and you’ll be looking forward to build
an amazing happy and successful life
thank you so much pleasure