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Dave Lukas, The Misfit Entrepreneur_Breakthrough Entrepreneurship

The weekly podcast with serial entrepreneur, Dave M. Lukas, devoted to giving you incredibly useful and unique insight from the world's top entrepreneurs with a focus on their non-traditional methods for achieving success, their Misfit side. Misfit was created to give YOU the breakthrough entrepreneurship strategies and actionable advice to accelerate your success! The show's open format and Misfit 3 concept, combined with Dave's intuitive and engaging interview style quickly uncover each guest's key tools, tactics, and tricks that listeners can start using in their lives right now. Learn more about the show at www.misfitentrepreneur.com and become a member of Misfit Nation by signing up for the Misfit Minute, the FREE weekly email with specific resources from the week's "Misfit 3," and actionable tips and items from the world of Misfit Entrepreneurs. It is delivered every Friday to your inbox!
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The weekly podcast with serial entrepreneur, Dave M. Lukas, devoted to giving you incredibly useful and unique insight from the world's top entrepreneurs with a focus on their non-traditional methods for achieving success, their Misfit side. Misfit was created to give YOU the best, actionable advice to accelerate your success!

The show's open format and Misfit 3 concept, combined with Dave's intuitive and engaging interview style quickly uncovers each guest's key tools, tactics, and tricks that listeners can start using in their lives right now.

Learn more about the show at www.misfitentrepreneur.com and become a member of Misfit Nation by signing up for the Misfit Minute, the FREE weekly email with specific resources from the week's "Misfit 3," and actionable tips and items from the world of Misfit Entrepreneurs. It is delivered every Friday to your inbox!

Nov 29, 2017

This week’s Misfit Entrepreneur is Kavita Oberoi. Kavita is one of the UK's most successful entrepreneurs. In addition to creating a multi-million pound business portfolio, she has also won awards for:

  • Being Named as one of the Top 20 most Inspirational Asian Personalities in the UK
  • The Order of the British Empire for services to Entrepreneurship and Start-up Businesses
  • Multiple honorary degrees from prestigious institutions
  • Named as one of Britain’s Top 100 most entrepreneurial women
  • And she has Appeared on a range of TV and Radio programs commenting on business as a judge or panelist, most notably on The Secret Millionaire and as a Panelist on The Apprentice

Her brand has three arms, Oberoi Consulting, Oberoi Business Hub and Oberoi Sutherland. Oberoi Consulting delivers solutions for the National Health Service and the Pharmaceutical industry, focusing on driving better outcomes for patients. The focus for Oberoi Business Hub is to provide a range of back office services to support the growth of businesses including call answering, virtual PA serviced offices and conference facilities. The latest exciting addition is Oberoi Sutherland. The first product, currently in manufacture is an innovative baby bottle that cools down milk in 6 minutes from fresh feed.

Kavita has broken through barriers in every step of her journey and accomplished things no one thought was possible.

www.KavitaOberoi.com

Kavita’s father was an Indian immigrant who was a very successful entrepreneur. She grew up in a very traditional Indian family in which women did not go to college, did not got to work, and had arranged marriages. But she had an entrepreneurial spark from a very young age and her mother helped foster this in her. Her mother would help her challenge the norm and break through barriers – even if meant sneaking Kavita out of the house for dance lessons. Kavita’s father died when she was 15 and there was a lot of pressure from the family to have her start the arranged marriage process at the age of 19. Kavita had different plans – she wanted to have an education, a career, and go to work – all of which were not allowed.

She was the first in her family to break tradition and go down this path. She originally wanted to be a doctor, but was not allowed because by the time she would get out of school she would be too old for someone to marry her arranged. She got into university but had to make a compromise that she would live at home and go to a school nearby so she would not be away.

She got a degree in applied chemistry. She took what she learned and the sales skills she picked up when was in her teens (again, made possible by her mother helping her to get the work with the condition that she never let her or the family down) and got a job in medical sales.

There was a huge backlash from the family as it brought shame that she was working. But, she still kept many of the traditions and found a way to incorporate them. She did have an arranged marriage to her husband and had certain stipulations she had to maintain in the home while working. Kavita figured out how to make it all work – even after having children and despite her new family being against it at first.

She then applied for a promotion that seemed like an easy win, but she lost. It was then that she decided that she was never going to work for someone again and set up her first business. As she says, “Failure was not an option.” She saw an opportunity to help bring more efficiency to some of the HHS programs and helping doctors meet guidelines. She managed to get herself in front of Pfizer and presented her concept on how her company could deliver this service. Before she walked out, she had an over half million-pound contract. She says that aside from the solution itself, it was her passion and belief that helped her win the deal. They knew she would not let them down.

What have you learned about breaking through barriers and making things happen?

  • You will always have barriers
  • You must stay focused
  • It is about “how you will do it”
  • Stay focused on the end goal and be ready to take multiple different directions to get it.
  • It is not that it can’t be done, but always how it can be done.

At the 15 min mark, Kavita talks about the impact of her mother on her and what she learned from her – especially the pact to never let her down.

She also talks about how she had to adapt once she got married and prove that she can be everything she had to be at home and accomplish her business goals.

You learn in many ways…

Sacrifice, dedication was a small compromise to achieve the things she wanted to do

At the 20-min mark, Kavita talks about how she structured things to be able to accomplish her goal.

  • Discipline is key
  • She worked around the schedule of her family duties
  • There is no work/life balance, especially in the beginning
  • If you really want something bad enough, you will do what you need to get it. For Kavita, it was to prove she could do it and prove her worth – Desire is a key to success

At the 22:30 mark, Kavita tells the story of how she got in front of Pfizer and got the deal that put her in business.

  • Networking was so critical – relationships from earlier in her career helped her to get the meeting
  • She got buy-in with the local Pfizer manager to do a pilot before pitching and proved it would work as it drove more sales – then she approached them at a higher level with real results
  • Build your network, strike when the opportunity comes, and never quit

Best advice for an entrepreneur starting out today?

  • Get a mentor – someone who has been there and done it, not just to help you, but to network you with the right people
  • Research and make sure you nail the need for your market. Make sure you are solving a real problem
  • As soon as you are able – invest and work with the best people in your business
  • Stay passionate about your goal and idea – make sure to stay anchored to it
  • Seek help – don’t be afraid to admit that you don’t know.

What inspires you today?

  • Her father and his philanthropy still serves as an inspiration
  • Meeting people who are making a difference
  • Finding causes that are close to her heart

What’s next for you?

Growth and what comes next is always on entrepreneur’s minds Building her brand globally Acquisitions Seeking out the next level of mentor throughout the world

 

Best Quote:  "There are no barriers to entry other than your own..."

 

Kavita's Misfit 3:

  1. Sacrifice and compromise are absolutely necessary to achieve your goals
  2. Dedication and focus.  Building a business is like nurturing and raising a child.  The more dedication and focus you give, the better it can grow and more successful it can be.
  3. Get involved.  Think about the good you can do and leverage that to help causes that connect with your heart.

 

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