Building on a century-old family legacy is one thing. Taking it forward, turning around a loss-making business, and deciding what the next 100 years should look like is another.
In this episode of Humans of Bombay, Karishma Mehta sits down with Priyavrata Mafatlal, Managing Director & CEO of Mafatlal Industries, to talk about stepping into a fifth-generation family business, his 1,000-day challenge to turn the company around, the management training that shaped him, and what it really takes to build, lead and disrupt a legacy business.
In this episode, they talk about:
What does it take to run a family business?
His 1,000-day CEO challenge
From ₹180 Cr loss to a ₹350 Cr swing
How do you turn around a loss-making business?
The 3-year training that shaped his leadership
Why having your father as your boss is difficult
Balancing family, health & a demanding business
His approach to fitness, nutrition & routine
Why spirituality matters in his life
Lessons from the Gita, Ramayana & his grandfather
What does a “disruptive legacy” look like?
His biggest, boldest next 1,000 days
Is money a motivator or just a means?
What will life look like in 2047?
From turning around a legacy business to rethinking what that legacy can become, this is a conversation about leadership, family, ambition, spirituality and building for the future.
#familybusiness #ceolifestyle #legacybusiness #karishmamehta #priyavratamafatlal #mafatlal #hobshow #humansofbombay
Chapters
00:00 - Precap
01:33 - Introduction & The Mafatlal Legacy
05:06 - His 1,000-Day Challenge to Turn the Company Around
06:33 - From ₹180 Cr Loss to a ₹350–380 Cr Swing
08:53 - The 3-Year Training That Shaped His Leadership
12:10 - Why Is It So Difficult to Have Your Father as Your Boss?
13:36 - How Do You Balance Family, Health & a Demanding Business?
16:20 - Why Does Spirituality Matter in His Life?
19:36 - What Does the Gita Teach Him About Life?
21:55 - His Approach to Fitness, Nutrition & Routine
28:46 - What Does a “Disruptive Legacy” Look Like?
30:19 - What Will His Next 1,000 Days Look Like?
31:32 - Is Money a Motivator or Just a Means?
33:51 - What Will Life Look Like in 2047?
34:56 - Quickfire: Legacy, Money, Character & More
36:42 - Closing
Links:
Humans of Bombay
Instagram: Instagram: officialhumansofbombay
Uncovered by Humans of Bombay: @humansofbombayuncovered
LinkedIn: LinkedIn: humans-of-bombay
Priyavrata Mafatlal
Instagram: Instagram: priyavrata.mafatlal
Karishma Mehta
Instagram: Instagram: karimehta05
LinkedIn: LinkedIn: karishma-mehta-b22151174
About Humans of Bombay –
Humans of Bombay is a movement that started 12 years ago. We believe that every person has a story to tell and we want to help them tell these stories. In these years, we’ve published stories across genres – stories of love, hope, faith, and courage. And through our storytelling, we’ve built an engaged community of over 6M!
Our idea is simple – to strike a chord with our community and catalogue the beat of humanity, one story at a time.
Building on a century-old family legacy is one thing. Taking it forward, turning around a loss-making business, and deciding what the next 100 years should look like is another.
In this episode of Humans of Bombay, Karishma Mehta sits down with Priyavrata Mafatlal, Managing Director & CEO of Mafatlal Industries, to talk about stepping into a fifth-generation family business, his 1,000-day challenge to turn the company around, the management training that shaped him, and what it really takes to build, lead and disrupt a legacy business.
In this episode, they talk about:
What does it take to run a family business?
His 1,000-day CEO challenge
From ₹180 Cr loss to a ₹350 Cr swing
How do you turn around a loss-making business?
The 3-year training that shaped his leadership
Why having your father as your boss is difficult
Balancing family, health & a demanding business
His approach to fitness, nutrition & routine
Why spirituality matters in his life
Lessons from the Gita, Ramayana & his grandfather
What does a “disruptive legacy” look like?
His biggest, boldest next 1,000 days
Is money a motivator or just a means?
What will life look like in 2047?
From turning around a legacy business to rethinking what that legacy can become, this is a conversation about leadership, family, ambition, spirituality and building for the future.
#familybusiness #ceolifestyle #legacybusiness #karishmamehta #priyavratamafatlal #mafatlal #hobshow #humansofbombay
Chapters
00:00 - Precap
01:33 - Introduction & The Mafatlal Legacy
05:06 - His 1,000-Day Challenge to Turn the Company Around
06:33 - From ₹180 Cr Loss to a ₹350–380 Cr Swing
08:53 - The 3-Year Training That Shaped His Leadership
12:10 - Why Is It So Difficult to Have Your Father as Your Boss?
13:36 - How Do You Balance Family, Health & a Demanding Business?
16:20 - Why Does Spirituality Matter in His Life?
19:36 - What Does the Gita Teach Him About Life?
21:55 - His Approach to Fitness, Nutrition & Routine
28:46 - What Does a “Disruptive Legacy” Look Like?
30:19 - What Will His Next 1,000 Days Look Like?
31:32 - Is Money a Motivator or Just a Means?
33:51 - What Will Life Look Like in 2047?
34:56 - Quickfire: Legacy, Money, Character & More
36:42 - Closing
Links:
Humans of Bombay
Instagram: Instagram: officialhumansofbombay
Uncovered by Humans of Bombay: @humansofbombayuncovered
LinkedIn: LinkedIn: humans-of-bombay
Priyavrata Mafatlal
Instagram: Instagram: priyavrata.mafatlal
Karishma Mehta
Instagram: Instagram: karimehta05
LinkedIn: LinkedIn: karishma-mehta-b22151174
About Humans of Bombay –
Humans of Bombay is a movement that started 12 years ago. We believe that every person has a story to tell and we want to help them tell these stories. In these years, we’ve published stories across genres – stories of love, hope, faith, and courage. And through our storytelling, we’ve built an engaged community of over 6M!
Our idea is simple – to strike a chord with our community and catalogue the beat of humanity, one story at a time.