K S Kohli: A Criminal Lawyer turned into a successful entrepreneur

Post by: indianideas on February 28th, 2008 | File Under Indian Entrepreneurs

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He was trained to be a criminal lawyer but his hunger for innovation, his risk taking nature compelled him to become an entrepreneur. He is the founder of Frankfinn group and at the young age of 42, he is the chairman of 250 crore company which is considered to be the best in the field of cabin crew training.

Frankfinn is a very attractive word for the people who want to make their career in aviation and music industry. However, the journey of Frankfinn started with Frankfinn Medico Info services in 1993, which was started by Mr. Kohli with the small capital of Rs.40,000 which he borrowed fro his friend.

The word ‘Frankfinn’ also has a very interesting story associated with it. Mr. Kohli used to write for his college magazine and he used to sign-off with a pseudonym ‘Frankfinn’. When he tried to register his company with this name, authorities rejected it as it’s doesn’t sound Indian. Later a clipping from the old college magazine helped in registering the company with this name.

Very soon, Mr. Kohli was attracted to the skies, as Government of India was adopting a liberal policy. As a result the business of medical data services was given up and Frankfinn started providing flight attendant training. It was renamed as Frankfinn Aviation services.

The changes brought by the Frankfinn in training of cabin crew, speak of the innovative skills of Mr. Kohli. Mr. Kohli found that the existing training courses for the crew span between six months to one year and they were very technical. Mr. Kohli wanted to design a simpler and non-technical course for the training crew. The aviation industry experts, human resource professional and MBAs were brought together to make this thought a reality. A seven day basic cabin crew training course was designed. Training sessions were conducted all over the India and the response was as good as the placements.

Then the Frankfinn Institute of Air Hostess training was started as Mr. Kohli understood that hospitality, travel and aviation are inter-connected with each other. The curriculum was modified to meet the market requirements of all the three industries. This network has 117 centers across 95 cities and it’s still growing. The students of this institute are employed not only in International Airlines but also in hotels. A magazine ‘Aviation Times’ was also launched in year 1999 and today it has a circulation of around 50000 copies. Frankfinn is also planning to launch a low cost airline by the end of 2009 and they aim to get the funds from the capital market with an IPO.

Frankfinn Entertainment was started in year 2005 as K S Kohli could smell profit in music industry. Many music albums have been launched by the company and they are also introducing the young talent in the industry. Frankfinn Entertainment is going to launch its first feature film venture soon.

Frankfinn’s vision is to become one of the top ten companies in the Aviation and Music industries in the next 10 years.

Well, one thing is for sure, if you want to become an entrepreneur, you need to have a vision and risk taking ability. You should believe completely in what you do and don’t worry about the consequences.

Popularity: 19%

The Man Who Dreamt and Made His Dream A Reality

Post by: sbchand52 on February 28th, 2008 | File Under Indian Entrepreneurs

The essential difference between India and other countries like China, US, Germany etc is the absolute lack of self-esteem and capacity to appreciate succcess. I dont think there is any other community in this world which consciously derides achievements by fellow nationals and depreciate our own efforts.
Tata’s wonder Car Nano, is yet another example. It was not Suzuki Motors of Japan who faces the greatst threat from Tata’s car, or Ford Motors who ridiculed Ratan Tata’s dream. It was our own so-called Pundits and analysts who said the dream would never materialise. For years we have been hearing barbs about a match box with four wheels or a tin box with rattles as a description about Tata’s car. The cartoons were equally derogatory.
But Ratan and his team held on to their dream and made Nano a reality. But even after seeing it for real and knowing its price, critics in India have not shut up. Now they say the car will cost higher on the roads, it will not fit the bill of the much fancied “common man” etc etc. A piece in Hindustan Times today ( I am deliberately not recalling the writers name because he doesn’t deserve to be mentioned by name for his sheer lack of national respect) writes about crowded roads in India and roads becoming covered by cars, thanx to the Nano etc, all in myrth.
When Suzuki and others are raking their brains to bring out a model matching Tata’s wonder, it is unfortunate and even infuriating that Indians still ridicule the effort and the product.

As an Indian I feel proud of Tata’s dream and product. He has proved to the whole world that without Japanese technology and the Chinese cheap-gymmics, we Indians can bring out a car priced as low as Rs 1 lakh. Kudos to Ratan Tata and his team . May be the present budget would make Tata hike Nano’s price. Neverthless, here is an entreprneur who had a dream and made the dream a reality. He deserves to be the first name mentioned in this site.

Popularity: 13%