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Ritesh Agarwal- the story of a dropout boy becoming the youngest successful entrepreneur of India and successfully building OYO Room.
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Always Degree Can’t Buy You Success: The Ritesh Agarwal Story Introduction All dropouts are not unsuccessful in their life, here comes the biggest example of Mr. Ritesh Agarwal who is also a dropout from college and started his own successful career as an entrepreneur when he was just a 25years old boy. He started a project back in 2012 named ‘OYO Rooms’ which is basically a chain of hotels for the middle- class as well as for the ones who prefer to stay in a luxury environment at
reasonable prices and currently it is one of the biggest examples of successful marketing and has a widespread chain of hotels all over India and also in China. Mr. Ritesh Agarwal the co-founder of ‘OYO Rooms’ has a unique story behind his success at this young age and he has also become an influencer for all the aspiring young entrepreneurs. The history of the brand The start-up OYO Room was developed by the young boy Ritesh Agarwal who was born and brought up in Orissa. Since his schooling days, he always had a soft corner for technologies and software. He started exploring codes at the age of 8, with time his soft corner turned into a forever love for tech things. He was a dropout from the University of London’s course atIndian Business School. He started with his first venue in 2012 which was named ‘Oravel stays’, it provided bed and breakfast all over India. So, the venture was going positively and was working well as a start-up. Everything was going well, he was also highlighted and won prizes but he realized something was missing. Then he started travelling more and exploring different hotels for his business and he found that not every hotel is easy to find and affordable. This is where he came up with a new thought about changing the scenario and targeting the problems. In 2013, he again started his venture named it is as OYO Rooms instead of Oravel stays and become the largest chain of hotels all over India. This is how OYO rooms become a successful brand and started serving the best rooms to everyone at affordable prices. Related Article: Indian Women Entrepreneurship: The Top Entrepreneurs of India The Motto The motto of this brand is to serve the best hotel rooms at a pocket-friendly price and at the same time maintaining all the basic requirements of the rooms of every individual people. They have solved all the targeted problems of a traveller starting from prices of the room, locations, easy bookings, and services like wifi, quality food, followed by all necessary amenities in a single click on phone. They came up with a very important solution for those who hate standing in long queues to reserve their hotel rooms, instead, they can easily book their hotel digitally with a single click. It will save time, energy as well as money for the customers. Lastly, OYO Room was created to make a strong relationship and a long-term bond with the customers which can’t be fulfilled without trust and promises they make to
do. They fulfilled all the promising commitments and gained the trust of their clients and this is how they did their successful branding and opened their chains of hotels in 13 more countries and will enhance more in coming years. You can read the full content: https://www.businessupside.in/always -degree-cant-buy-you-success-the- ritesh-agarwal-story/ -------------------------- Business Upside Email ID: support@businessupside.com Phone No.: +1-425-605-0775 Visit Us: https://www.businessupside.com/ Stay Connected Via: https://www.facebook.com/businessupside https://www.youtube.com/c/BusinessUpside https://twitter.com/BusinessUpside1 https://www.instagram.com/businessupsideusa/ https://www.linkedin.com/company/businessupside/
