Goafest 2019: Focus, learn, grow & then enjoy, says Dr A Velumani of Thyrocare
In 25 years, this company has grown by 25% CAGR, says Dr A Velumani, Creator & Managing Director, Thyrocare
Published - 12-April-2019
Throwing open the speaker sessions of Goafest 2019 on Thursday was Dr A Velumani, Creator & Managing Director, Thyrocare. Apart from summing up his journey to getting Thyrocare listed on the National Stock Exchange, Velumani also kept the audience engaged with his anecdotes often leaving them in splits.
Villages are the true universities as the life there is practical, he said. Velumani spoke about the luxury of poverty, which he said gives people stamina and courage. “When you have money, you have the fear of losing it. Jo phata hua pehenta hai woh daridra hai, aur jo phaadke pehenta hai woh dhanwan hai. (One who wears rags is poor, but one who wears torn clothes is rich.)”
On his decision to travel to Mumbai, Velumani recounted: “Finally, I had to leave home and I cried a lot. The risk and uncertainties in Mumbai were also discouraging. My neighbour told me, ‘you are going to Mumbai, Balasaheb Thackeray will hit you’. I asked him ‘how does he know I am coming’. I stayed at VT station for three nights.”
Velumani, who started his career at Bhabha Atomic Research Centre, spoke about getting out of the comfort zone. “If you do what you studied for, you will survive, but if you do what you haven’t studied, you will do better. My wife was a bank officer, I had two children and I was 37. So, we both had government jobs and a family, it’s a comfort zone, right? But comfort zones are dangerous zones. So, I asked myself: ‘did I come here to live or to win?’ I knew I had to do something.”
“In the entire world, India is the cheapest. In India, I am the cheapest…So the trick is take less to get more,” Velumani pointed out. He also revealed that 98 per cent of employees at Thyrocare are freshers, with the average age being 26 in a company that is 25 years old.
Velumani listed out the four ways of being a success story: “Focus, Learn, Grow and Then Enjoy”. “If you focus, you can learn anything. Burn calories, not salaries.”
Speaking about his achievements, he said, “I was listed on National Stock Exchange, 75 times oversubscribed. Every six years, I have added a zero. In 25 years, this company has grown by 25 per cent CAGR.”
Speaking about his wife, who he credits with all his success, Velumani signed off saying, “If men succeed families prosper, if women succeed societies prosper.”