ELI - 513 | From a Nomadic Childhood to a Consulting Trailblazer

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Entrepreneur's Live Interviews 🎙️

Priya Ranjan Mohanty

514 episodes

2 days ago

India is evolving to become the next economic superpower. It is essential for everyone to play their part. We are doing so by building a platform where entrepreneurs can share their stories with the masses. We expect the result to be more people joining the path of entrepreneurship and in turn skyrocket our economy. ELI or Entrepreneur's Live Interviews 🎙️ is a social venture that aims to inspire young people into entrepreneurship. India needs a lot of entrepreneurs right now. Entrepreneurs create employment, produce economic value, and bring glory to our country.

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ELI - 513 | From a Nomadic Childhood to a Consulting Trailblazer | The Deepak Narayan Story

Entrepreneur's Live Interviews 🎙️

46 minutes 3 seconds

1 month ago

ELI - 513 | From a Nomadic Childhood to a Consulting Trailblazer | The Deepak Narayan Story

In this episode, we sit down with Deepak Narayan, the visionary founder of Practus, a leading business consulting firm. Deepak shares his incredible journey, from a childhood spent moving across six different states to becoming a Chartered Accountant and eventually, a pioneering entrepreneur.Discover the key traits—like mastering trade-offs, resilience learned from sports, and a rebellious spirit—that shaped his path. Deepak opens up about the evolution of his company, from its beginnings as WealthTree, pivoting to MyCFO, and finally transforming into the 360-degree consulting powerhouse that is Practus today.YouTube Chapters:(00:00) - Introduction to Deepak Narayan, Founder of Practus(00:21) - A Spiritual Perspective on "Past Lives"(01:40) - A Nomadic Childhood: Moving Across Six States(03:05) - The Pros and Cons of a Constantly Changing Environment(04:26) - The Journey to Becoming a Chartered Accountant(05:05) - The Origin Story: From WealthTree to MyCFO(05:47) - How a Nomadic Upbringing Shapes an Entrepreneur(08:02) - The Art of the Trade-Off: A Key Entrepreneurial Trait(10:11) - Learning to Break the Ice and Build Connections(11:30) - The Role of Sports in Building Resilience and Teamwork(12:43) - Why Trade-Offs are Crucial in Business and Life(14:15) - A Real-World Example: Navigating the COVID-19 Pandemic(16:45) - Gut Feeling vs. Logic: Making Tough Decisions(19:43) - The Intersection of Spirituality and Entrepreneurship(22:43) - The Genesis of Practus and the Family's Reaction(26:43) - Leaving a Secure Job for the Entrepreneurial Leap(31:13) - Overcoming the Initial Difficulties of Starting a Business(36:49) - The Strategic Pivot from WealthTree to MyCFO and Practus(39:18) - The Future of Consulting in the Age of AI(45:20) - Closing Remarks