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Home > Figuring Out with Raj Shamani > India's Youngest Billionaire on How to Make Money | Zerodha's Nikhil Kamath
Podcast: Figuring Out with Raj Shamani
Episode:

India's Youngest Billionaire on How to Make Money | Zerodha's Nikhil Kamath
Category: Business
Duration: 00:44:17
Publish Date: 2021-10-07 18:30:00
Description:

In this podcast:

- Nikhil shares why he moved out of his house early in life. Talks about his first job and how he started his investment journey?
- How do options vis-a-vis financial instruments work?
- Importance of learning sales to win big in life
- Nikhil’s journey from a job to starting his first company
- What is better, investing or trading?
- What are the mistakes to avoid in trading?
- Why are people in India even after being ambitious, not financially literate?

00:00 Intro
01:01 Sponsorship Segment
01:28 Talking Points
01:53 Why did he Move Out of House
04:18 How he Made Money in Trading
06:00 How did he Sell Insurance
07:58 Do we really need to be Good at Sales
09:25 What is the Best Way to Learn Sales
11:40 What did he do After the Call Centre Job
16:43 Investing VS Trading
18:35 Mistakes to Avoid in Trading
23:48 Why aren't Most Indians Financially sound
29:25 Which Philosophy in Life has helped him
31:00 Why do we feel compelled to act smart
34:47 Is Socialism a Problem?
38:44 Are Leakages ever going to Stop?
39:17 Rapid fire with Nikhil
43:50 Outro

Nikhil Kamath, 35, co-founded Zerodha, India's largest trading platform by volume, with his older brother Nithin in 2010 in the southern Indian city of Bangalore. In this video, he discusses how he moved out of his house and went from working at a Call Centre to Building up One of the Largest Businesses and became India's Youngest Billionaire!

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