What does it feel like to be at the helm of a 50-year family business?
Ritesh’s grandfather was probably one of the first private Indian ship owners in the world - he started Transworld Group in 1977. Today, they employ ~850 people on land, have about 600 crew that work on their ships. No small feat - for someone who was 100% blind in his left eye, and 75% blind in his right.
Ritesh was 22 when he joined the business, and had to learn the ropes in the heat of the 2008-09 recession. It’s been 14 years since then, I got together with him to learn about how he’s steering the ship.
We talked about:
🔥 Making the decision to join the family business
🔥 Balancing impatience and patience
🔥 Celebrating wins (especially the small ones)
🔥 Lessons from Richard Branson and MS Dhoni
🔥 Future-proofing his business (what planning looks like for a 50 year old business)
🔥 The triggers that get him going from 0 to 100, real quick
🔥 Making decision quickly (not overthinking & over analyzing)
🔥 Being content
🔥 Learning from his grandmother → The One Woman Army
Ritesh is one of the most humbling hustlers I’ve ever talked to. I didn’t expect him to be this down to earth, given that he runs a whale of a business group. I hope you enjoy this conversation as much as I did!
Where to find the podcast: