No Money, No Degree: How Balaji Wafers Was Built | Chandubhai Virani

A man with no money, no degree, and a ₹90 job built one of India's largest snack companies out of Rajkot. It took him 51 years, and he says the money was never the point. Keynote speech by Chandubhai Virani, Managing Director of Balaji Group. Conducted at Marwadi University, promoted by Marwadi Chandarana Group. Chandubhai explains why he says his family was never poor even when they had nothing, why Balaji gives its salesmen no targets and its dealers no discount schemes, and what he learned selling chips packet by packet outside a school canteen and listening to every complaint about the masala. He also answers the question the students kept returning to. When his biggest competitor's factory burned down and the entire North Indian market lay open, Balaji did something nobody in the room expected. And he names the one thing he receives in exactly the same quantity as Mukesh Ambani. What this session covers: The difference between being poor and being mentally poor How a ₹90 job became a ₹3000 crore company Why Balaji runs on no targets and no schemes The Haldiram fire, and the phone call that followed The one resource he shares equally with Mukesh Ambani Most business advice comes from people who started with an advantage. This session is the opposite case, argued by the man who lived it. It is meant for college students, first-generation entrepreneurs, and anyone who believes their percentage or their pocket decides how far they can go. Chapters: 0:00 - Trailer 1:17 - No money, no education 2:38 - We were never poor 3:20 - A 90-rupee job in Rajkot 4:36 - The customer is God 6:20 - A team built on trust 7:32 - Why the name Balaji 8:17 - Family, Mahabharata, and Ramayana 9:02 - The people who break your mind 10:00 - The loan question 11:38 - How to kick start 14:05 - Before you build a brand 15:28 - The packaging spark 16:50 - The biggest mistake 18:15 - The Haldiram question Chandubhai Virani is the Managing Director of Balaji Group., one of India's largest snack food companies, built from Rajkot over five decades. Follow us on: LinkedIn:   / marwadiuniversity   Instagram:   / marwadi.university   #ChandubhaiVirani #BalajiWafers #MarwadiUniversity #StudentLife #Simplified