Margadarsi MD Sailaja Kiron Inspires Women Entrepreneurs; Says 'Leaders Are Made, Not Born'

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Managing Director of Margadarsi Chit Funds, Ch. Sailaja Kiron, inspired women entrepreneurs at the launch of the 21st chapter of FICCI FLO in Vijayawada.

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Transcript

00:00When I asked Padma, what is it that you want me to address, she said, tell your story.

00:08So today, I am happy to share my small story with a few insights on what a company should be like.

00:19I hail from a small place called Chittur.

00:24My father is a veterinary doctor.

00:26He studied in Mumbai, and I went to this school called Little Flower.

00:31Most of us would have gone to Little Flower Convents, and after my sixth grade, you know,

00:37my father put me in Chennai because being an educated man in those days, he realized the value of knowledge.

00:44And that's how I studied in Kalakshetra in Chennai, and then I went on to SIT and Etiraj College.

00:51Those of you who know Chennai would know these institutions, very premier institutions even till date.

00:59And I did my master's in business management from PSG College of Technology.

01:03And my father had this hatchery business, and I always grew up, because being two sisters,

01:12I always grew up to believe that I will be managing my dad's business.

01:17And as a child, you know, my office and home were together.

01:21So I was very comfortable having, you know, office people moving in and out of the house.

01:26So it was not intimidating for me that way.

01:30And once I finished my college and returned and started working with my dad,

01:36then came this proposal, very well-settled, very well-reputed family, the Inadu Ramoji family.

01:45And Mr. Kiran and my father-in-law, they visited us, and they saw me.

01:54And when I spoke to Kiran, I made it very clear to him that I would want to be a career woman.

02:01I said, I can't just remain as a housewife, you know, because I grew up with the intention

02:07that I will be running a business.

02:09So that was a very clear deal with Kiran Garu.

02:13So anyway, luckily for them also, Moai Garu, being a very, very broad-minded person,

02:19treated us like daughters till the end.

02:23He gave us ample opportunity, freedom to work.

02:28And that's how I was married to Kiran Garu and moved to Hyderabad.

02:32Having said that, finance was never my cup of tea.

02:39But the other businesses were taken up by the family members,

02:44and I had the option to manage Martha's Hitchit Fund,

02:47which was a small business then, but still about 14 branches.

02:52My father-in-law wanted me to manage that.

02:55And I feared that if I reject that, I'll have to stay put at home,

02:59and I agreed to run that business.

03:02Why I always mention this is that every time,

03:05you may not get to do what you want to do,

03:08but definitely you can like what you're doing

03:13if you develop the interest to do things, you know.

03:17Yeah.

03:20So, one thing he told me is that I was 24 years old then, 1990,

03:29and this company was 28 years old.

03:33So, the day I decided to go to office, he said,

03:35Shailaja, the people working in this company

03:40are working for 28 years now.

03:44That means they're older, their work life is older than your age.

03:48So, naturally, they're not going to change for you.

03:53So, you bear this in mind that you have to work with elderly people.

03:57And that was a very great advice.

04:00Because I remembered that I had to really, what do I say,

04:07you can't take chances with senior colleagues.

04:13So, yes, they taught me everything.

04:19And much later on, you know, they would start taking my instructions.

04:25Once you know the business and you know the way forward,

04:29everybody will come around.

Margadarsi MD Sailaja Kiron Inspires Women Entrepreneurs; Says 'Leaders Are Made, Not Born'

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