Ritesh Agarwal Quotes

Ritesh Agarwal

Profession : Businessman

Birth : November 16, 1993

We build OYO with basis of building a team which is not just great for our segment, but we possibly have the best team any start-up can possibly have.

Ritesh Agarwal

Other people's view was that saving a rupee is a rupee earned. But for our family, earning two rupees is a rupee earned. That means spending that 1 rupee to make that happen is what it is. It is a difference of risk-taking appetite, going out and doing stuff.

Ritesh Agarwal

No one in my town had ever gone to Kota. I mean, it was a big deal if people went to Bhubaneswar.

Ritesh Agarwal

There are so many people who are dependent on me. You know, setting expectations, and then feeling afraid. But I am a firm believer in the fact that good work has always been recognized.

Ritesh Agarwal

For people who earn on an average about RS 15,000 a month and who travel a lot, if the salary is late then the landlord will throw him out. I know how life is after that because I have been there.

Ritesh Agarwal

We are reviewing and evolving our business plan as times go. But in the long term, we remain confident about creating a large scale business.

Ritesh Agarwal

Coorg will be the new Switzerland, Goa will be the new Thailand. If we predict these trends correctly, while market size may shrink, we will have a good opportunity to use our model.

Ritesh Agarwal

Dropping out of college was never the plan, but it made me eligible for the Peter Thiel Fellowship. I was the first Asian to win that grant!

Ritesh Agarwal

My parents always wonder why I work round the clock and I never had an answer, until one day I came across a street full of Oyos. I saw so many families and friends on holiday there. This made me happy - life had come full circle in that moment!

Ritesh Agarwal

The scale of impact that people aspire to create, based out of the Bay Area, is truly incredible.

Ritesh Agarwal

Our first cultural attribute is over-communication rather than under-communication.

Ritesh Agarwal

I dreamt of running my own business even as a kid, but if not a CEO, I would have probably been a pilot.

Ritesh Agarwal

Leaders at Oyo aspire for ambitious targets which act as directional north stars for building for scale.

Ritesh Agarwal

Abhinav Sihna is my partner and the COO of Oyo, and is also the head of the United States division. He spends all of his time building out the United States market for us and has moved out here full-time.

Ritesh Agarwal

A lot of hotels have beautiful chandeliers because the asset owner is emotional about having chandeliers in the property. I always say that the customers aren't going to have chandeliers for breakfast. You'd rather take that money and give great breakfasts to the customer.

Ritesh Agarwal

Whether it is unbranded hotels, branded hotels, whatever it is, anywhere where a customer can get an experience that is subordinate but for a price that is equal or higher than the market, we want that to change.

Ritesh Agarwal

We actually distribute using AirBnB because they're the vacation management company and they distribute us, which is why AirBnB is also a small shareholder in our company.

Ritesh Agarwal

In markets such as the US, China, we want to continuously improve our products and services to win market share.

Ritesh Agarwal

Geopolitical impact is going to become one of the big risks for companies which are global.

Ritesh Agarwal

Indian companies have a very exciting global opportunity, Indian companies are well-respected globally, doors of business are more open. So that has been a focus for us, how do we globalise faster?

Ritesh Agarwal