Ayay Singh, the chairman and managing director of SpiceJet, was interviewed for a story in Forbes India. The article presents a thought-provoking conversation between Singh and an interviewer, who gets to know the entrepreneur’s thoughts on various topics, including his approach to life and business, his views on taking risks, and his experiences in the aviation industry.
Singh, who has been labeled as a “crazy” entrepreneur, has had a tumultuous career, with numerous ups and downs, including the collapse of his airline, the acquisition of defunct airlines, and the development of electric vehicles. He attributes his resilience to his ability to learn from failure and his focus on creating value for his stakeholders. Despite being an emotional person, Singh is driven by his passion for flying and his desire to make a mark in the aviation industry.
When asked about his experiences, Singh shared stories about his early days at IIT-Delhi, where he was labeled as an “average” student, and how he overcame the doubters to become a successful entrepreneur. He also spoke about his decision to name his airline SpiceJet, which was met with skepticism by many, but ultimately proved to be a success.
Singh also discussed the challenges faced by SpiceJet, including the Boeing crash, Covid-19 pandemic, and other setbacks, and how the company has managed to bounce back each time. He emphasized the importance of people’s resilience and trust in the brand, which has enabled the company to continue operating despite the odds.
Throughout the interview, Singh’s candor and optimism shine through, as he shared his thoughts on taking risks, learning from failures, and his approach to business. He appears to be a true entrepreneur at heart, driven by his passion and a desire to make a difference, rather than seeking to be the biggest player in the industry. The article concludes with a sense of hope and optimism, as Singh looks to the future, emphasizing that “resilience is the key to success.”