Sanjiv Goenka On Billionaires, The Next Big Opportunities & Building Wealth | FO553 Raj Shamani

Get your hand-picked playbook here: https://www.figuringout.co/pdf/fo-553 Dr Sanjiv Goenka, Chairman of RP-Sanjiv Goenka Group, on building a conglomerate from businesses everyone else abandoned. He explains: ◼ How he turned Kolkata's broken, debt-ridden power business into a turnaround story his own father called a stupid decision ◼ How billionaires spot business opportunities before everyone else sees them ◼ Why he believes the burn-money-to-grow unicorn culture is a fundamentally flawed way to build lasting companies ◼ What happened when his regulator and his competitor were the exact same person during a five-year legal war ◼ How to grow a family business from 4000 crore to 1 lakh crore in one generation Chapters: 00:00 - Intro 02:56 - How Billionaires Spot Opportunities Before Everyone Else 04:51 - Top 3 Future Business Opportunities: Renewable Energy, Batteries and Data Centers 09:53 - Why He Is Skeptical of the Burn Money to Grow Startup Culture 12:07 - The Ayurveda Pharma Op