Friday, October 30, 2009

Insight of Success

Basant, now a day has become synonymous with quality food and ambiance that suggests a perfect place to hang out & pamper our taste buds. It's strategically located at various locations in the city to boast its presence. With a humble beginning in 1955 at jail road, Basant Ice Creams, Basant achieved many landmarks, achievements in the trade & became a hot spot for the Ludhianvis & a perfect host for the regular visitors to the city. Basant group is professionally managed by its promoters Rajinder Singh Basant, Kanwalpreet Singh Basant.

I happened to interview Mr. Kanwalpreet Singh Basant, co-owner and promoter of Basant Group of Resorts.

In 1992 Mr. Kanwalpreet Singh Basant laid milestone by entering into the fast food business, established at Field Ganj. It was his own initiative to start a new business. At that time he had just completed first year of graduation. He hadn’t got any formal training to managing a hotel or fast food business. This fast food business was wholly started by himself as none in there family was experienced enough to handle this business. He selected this particular business because there were few fast food joints in ludhiana, the Fast food industry is growing, Lot of potential is there in this industry.

He lays great emphasis & importance on practical training, according to him one should have to be practical . He very well understands the importance and need of new potential customers. He is of viewpoint that new customers are necessary in a business to survive and boosting the business. As present world is about alluring the customers too, he feels that different schemes and discounts are some of ways of adding new customers which are a plus point to existing business. This helps him to tackle the competition in the industry.

Further he said, doing business was never so easy there are always ups and downs.
But we must treat every down as an opportunity to go up.
In regard to expansion, he suggest when resources are there than expansion is to be done for growth of the business and this is being done in the form franchisee model. Basant group also has various franchises in Punjab.

19 comments:

  1. it's nice inspiring story presented by Arpit..how patience of Mr.kanwalpreet singh basant has lead him to present day success.He who belongs to a non-business family may not gt dat much support or encouragement in his venture the then, but it's only his patience and passion towards his goal lead him to success into fast food business and open franchise all over punjab...good luck Mr. Basant and thanx Arpit for bringing his story into light.

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  2. a person can excel in anything he wants.
    this is rightly revealed by Mr. Kanwalpreet as a man from non- business family made his mark in business.
    definitely expansion plays a great deal in success

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  3. wow! i m very thankful to u. as u did a great job. we never came to know bout that food mart whr we take a round almost in week at thr. its really very good to know more bout him.
    it shows that a person can excel if he has will power to reach his goal.

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  4. story shows the determination of Mr Singh that without getting any special training, he entered in this business of fast food and used his own vision and skills to make his business a popular one

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  5. story of Mr.Kanwaljeet Singh shows that dedication towards everything makes the man successful n arpit gud job

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  6. Great story. Through this story we can learn that failure is an opportunity given to us by GOD to be successful. This also depict that failure never comes to depressed people. So we should always learn from our failures and mistakes and never lose hope so that we can be successful in life. THANK YOU Arpit for bringing up this inspiring story.

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  7. someone would have thought dat what Mr. Singh will gain in the fast food business but look at dat, his hard work and innovative mind has made his success look simple.

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  8. hardwork is the key to success.. and Mr. Singh has very rightly proved this...

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  9. gr8 jobs is done by mr basant......we can learnt that how person moves forward from scratch to sky

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  10. hey arpit...............great work

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  11. dedication ,determination and hardwork always lead to success and mr singh has proved it rightly

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  12. all business men have to go through ups and downs but only winners succeed!!

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  13. We all know that risk is the key to success in business and Mr Singh has proved it.....every one comes across ups and downs but the real hero's succeed in life and Mr Singh is one of them.......We should also show the same dedication and determination in any task assigned to us!!

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  14. a nice article teaching the importance of practicality in business

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  15. arpit your article is very nice from which i learnt that hard work, dedication , self belief and determination is very important to achieve the success.

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  16. one has to be practical at every point of time......the decision should be taken considering the practical situations.....

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  17. BASANT started from 1 location and diversified or flourishing rapidly....
    franchising basant is nice option for investors to invest in this field
    this all has been developed by patience hardwork dedication and of course quality of basant....

    nice work dude.>>><<<.

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