The New Delhi Chapter of Entrepreneurs' Organization, a global network of entrepreneurs, met with Mr. Ajay Singh, Chairman and Managing Director of SpiceJet at an exclusive event hosted by Entrepreneurs' Organization (EO) New Delhi. The boardroom interaction was hosted for EO Delhi members where Mr. Ajay Singh, shared his experiences on transforming India's airline's industry and his vision for the future. The audience gained candid insights into Mr. Singh's personal & business life.
The event was part of a series that EO organizes for its members to get insights from top business leaders on various aspects of running a business. Mr. Singh shared several invaluable experiences from his journey of being an entrepreneur. Being the man behind SpiceJet, he has seen many upsettling moments, but his beliefs kept him focussed on achieving his goals. In a line, he said, “Not too many people get second chances. I was fortunate that I did. This gave me an opportunity to not only correct my predecessor’s mistakes but also the mistakes that I made the first time,” said Mr. Singh, addressing the audience.”
The interaction included topics ranging from the formula for transforming SpiceJet, to the development of leadership quality, maintaining employees and earning clients credibility. He was reflective while sharing moments from his entrepreneurial life, particularly the assurance that he got from his employees, clients, the government during the decisive time of his career. He emphasized the importance of right cost structure, customers’ credibility, employee satisfaction and open communication can act as the cornerstone for any business to operate profitably.
Sachin Mehra, EO Delhi, (Communications Chair) opines, "We are grateful to Mr. Ajay Singh for hosting this wonderful evening and sharing profound insights. There is a tremendous amount of learning that we receive from leaders like Ajay Singh who have turned around their business from adversity to success. EO members globally are a highly motivated group of entrepreneurs and such engagement help inspire the next generation.”