Arguably the most rich and useful episode yet! I've listened 3 times and still can't get enough!

info : 1. Business cycles are going to be a lot faster as people are tend in invest in high volatality . 2. Trust gets concerntrated in top companies and familiar companies . As this happens top companies launches more products in the market , like tata in indian. It is mostly in low trust society ,more concerntration. 3. Lower the diversity in ethnicity higher the trust , but it kills innovation . Also higher the diversity the diversity kills trust . So the balance between them is necessary.

A bit of a brain squirt but some gems could be found. I did listen to the podcast. Thanks Shane and TKP for sharing.

People pay or people give you time or money when their core motivations are mostly met or there is hope for the motivations to be met. That's the reason companies like Byju's and other Education Tech companies are getting so popular because they give hope to parents that their core motivations will be met, that is their child getting into IITs .

How does this man comes with so much of Knowledge 🤜🏻🤛🏻

This guy is the Sadhguru of entrepreneurship podcasts

His PR team is working hard now a days. All of a sudden, we can see him all over youtube.

Yes, I finally got this podcast

5:50 Super companies uses super stars for marketing to large masses. This instantly doubles the credibility and convinces the buyer. When super company & super star is the same person that person becomes Elon Musk. :)

Thank you very much for this podcast

Kunal Shah, the observer 🙌🏻

Trust is low in non-western societies, so therefore trust is high in western societies. In low trust societies that don't have ethnic diversity, there is a rise of authoritarian leaders to bring the peace. However in the US, a western, multi-ethnic society with high trust, we are also seeing the rise of authoritarian ideology. So....how does that square?

Awesome stuff. Never thought about value and margins this way.

Ling Yoni , Yin Yang ,Ordered Chaos Dharm has been talking about this since the beginning of time!

Amazing episode. Very insightful ,🔥

what a perfect analogy.

I saw recently a fundraiser for 23 lakhs for a 22 year old who wanted to go to harvard and already people had donated 12 lakhs or so

China seems to be an exception here. It is low in diversity therefore should be high in trust. However, we see a concentration of trust in super companies like Alibaba, and Tencent.

Mr. Shah, ur amazing

The audio is so incredibly low on my phone

@Shane Can you ask Kunal where he bought his shirt from?

What an insightful conversation.

Yeah .. treasure for free..... Thanks

The loose declaratively use of “all” here seems to speak to some problematic assumptive ways of thinking that underpin the proposed reading of culture

Anybody know the source of the paper by the Stanford Prof. that Kunal refers to?

For some strange reason, this reminded me of Swami Nityananda

If people naturally seek non-linear value outcomes, what stops most rational people from taking such non-linear bets then?

Boom 🙌🙌

Is their Dr B R AMBEDKAR statue behind you?

what is he talking about ?

Now indian middle class has lerned how to fool rich people, the ganga is flowing in reverse direction now, keep up the good work.

Word salad.

A transcript would be helpful. I had difficulty with Kunal Shah's accent.

I disagree with his point on blaming trust on people ethnicity.. A trust is build when a company delivers consistently.. It has nothing to do with people belief system. This is just twisted thought of blaming the brands incompetence of delivering a quality service to people's belief. No one buys Tata salt or Tata car because of Tata's ethnicity.. They buy it for their quality and trust they have in brand. US is one of the most diverse country and they produce the many trusted brand's of the world. Diversity bring's in creativity and out of box thinking.. We should always discourage these regressive thinkings

Wonder if the interviewer was cringing by his focus on 'status'..

Liked the viseo . good insights, things which i also ponsder about , TRUST for one . But would liek to diasgree on some aspects. IN india say a TATA can come up wiht a new product in unrealted bsuiness bt get tarction . that is bcos, tehre woudl be huge barrier to entry for neew players in india . a TAat or Relaince can levarage existing bsuiness to satrt totally new bsuiness , So you see such new initataives by such large grouos , bcos getting credit and sgtarting new venture is hard in india for new players so existsing players enter other sectos by leveragibng existing capablities . Another point is in asian socienties teh legal system is bad so ihas ot be n tust based , but in western societees had bette legal systse , so different ehtiniciites can work with contarcts . you need to think on tis elines . say in INdia or chian or middl east countries if you violate a conatrct it si very tough to get comepnsated or get justice , but in western countie sit is not teh case , so uu can start business easily

❤️❤️❤️

But people say creed is making loos for past few years

This dude has done nothing except create bs startups that lose enormous amounts of money. The way he got rich was by selling his first startup at a bubble valuation (the acquirer took a big write down later on). His current startup is losing tremendous amounts of money without having any business model in place.

Gross margin happens when you help people jump the social status...

Justify Amazon valuation by this rational

No wonder hes worth 800M

Kunal has distilled indian consumer behaviour

He doesn’t speak in simpler language! Don’t understand his way of communicating please improve 🙏🏻😓😓😓

it's funny how he speaks alot without making any sense at all

Pareto maybe more skewed in India 🇮🇳 because consequences of a crime are much lower in India than in the US. Average bail in the US is much higher. Power law driven monopolies exist in India 🇮🇳 because there is not anti-trust court that has the power to break up Tata and Reliance as opposed to that US. And patents are a complete joke. As opposed to here in the US. This makes it much harder for the smaller startups to reduce reach the scale and beat these monopolies.

All the fan boys who are sulking here, he is wrong, Dmart is profitable and cash rich while cred is bleeding money.

“If it (racial diversity) becomes too similar innovation does.” Ridiculous assumption, The Dutch and the British were practically all white - and literally invented to Ship 🚢 across the ocean. Indians invented the number Zero and decimal system without diversity 😂. What a tool.