In 1978, Nand Kishore Chaudhary (NKC) got a job offer from a Government bank and the chance to move from Churu to Jaipur -- something most people could only dream of back in the day.But, he declined that offer. He saw an opportunity in the carpets business which was a 100% export market and was growing steadily. He also saw this as an opportunity to impact lives and connect with people.So, he took a leap of faith. He took a loan of INR 5000 from his father. Bought a bicycle. Two looms. And started working with 9 artisans in Churu.And that's how Jaipur Rugs was born.Fast forward to today, he has created a sprawling empire with their carpets being exported to 60 different countries. They have trained >40,000 artisans and run various social initiatives via Jaipur Rugs Foundation.NKC & Jaipur Rugs are a shining example of how a business can create lasting impact in the lives of people.I learnt a lot while speaking to NKC and we spoke about a range of topics like:(02:03): How NKC started his entrepreneurial journey with INR 5,000(08:14): Inception of JaipurRugs — navigating early challenges of doing biz in the 1980s(14:49): What goes into making an exquisite handcrafted rug? Wool > Yarn > Carpet(20:31): How long does it take to make one carpet?(22:02): Challenges in the rug making biz - machine made carpets + reduction of artisans(25:28): BIG OPPORTUNITY — Evolution of luxury rugs market in India(28:17): Jaipur Rugs Foundation — changing lives of artisans(32:12): BUILDING LEGACY — Integrating children into the family biz(36:33): New initiatives @ JaipurRugs - converting artisans to artists(39:41): RAPID FIRE QsYou can check out their website @ JaipurRugs

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