He became one of India’s youngest self-made billionaires at 34. Here’s his advice for other entrepreneurs

SourceCNBC
SectorFinancial Services
CountryMiddle east

At 34 years old, Nikhil Kamath is one of India's youngest billionaires.The Bangalore-born entrepreneur snagged the title late last year after joining Forbes India Rich List with his brother and co-founder, Nithin. It followed the runaway success of their stock trading platform Zerodha amid the pandemic.But the chief investment officer insists that it hasn't gone to his head. Indeed, he said that good timing has had a huge role to play in his success, and it's important for entrepreneurs to be aware of that."You have to be cognizant to the fact that there are always going to be tens of thousands of people who are smarter than you, who are more hardworking than you, and who are more adept at solving the problem you're trying to solve," Kamath told CNBC Make It."The biggest thing you can have going for you is timing; to be in the right place at the right time," he noted.Observing industry trendsKamath speaks from experience. After falling short of a career as a professional chess player, the high school dropout-turned-entrepreneur experimented with several business ideas, from laundry service to selling secondhand phones.But he only saw real success when he launched Zerodha as a simplified brokerage platform ...read more...