Q: You’ve often said you weren’t a school
topper. Did you always know you would
build a brand?
I come from a middle-class family. My father
was a sports journalist with the Indian
Express, earning about ?1,500 a month. We
were five children. Getting all of us educated
was a challenge. I studied in missionary
institutions where someone’s donation
made it possible.
I was not good at studies. That was my
biggest embarrassment.
Because I was short, I was made to sit in
the front bench. Sitting in the front bench
is not comfortable if you are not bright.
The toppers sit there. They talk about becoming
doctors and engineers. When they
asked, “Vijay, what will you become?” I
didn’t have marks to lie. In those days,
ranks were put on the notice board. Everyone
knew where you stood.
Some kids used to call me “idiot.” I had
very low self-confidence. I wanted to be
invisible. So when they asked me what I
would become, I would say, “I want to be a
businessman.”
Nobody in my family had done business.
I didn’t even know what it meant.
But I kept telling myself that story. Later,
I understood the power of the subconscious
mind. The story you tell yourself
becomes the life you live. The world may
label you, but you don’t have to accept
that label.
Q: What was the first real turning point in
your life?
My first day at work.
I joined as a salesman. I didn’t know how
to dress. I wore a crushed shirt, rubber slippers,
and carried a cloth bag. I was sent to a
high-end apartment complex. The security
guard stopped me and told me to read the
board outside.
It said, “Dogs and Salesmen Not
Allowed.”
That sentence hurt deeply. I
went home and cried.
The next day, with whatever
little money I had, I bought a ?75
shirt and a ?150 pair of trousers. I
borrowed a red tie from a friend. I
polished my old shoes. I went back
to the same apartment.
The same security guard did not
recognise me. He saluted me.
That day I learnt something fundamental.
We live in a judgemental
world. Your dressing is your visiting
card. If someone gives you the
opportunity to speak, your inner
talent can shine. But if they never
give you that opportunity, you remain
invisible.
Years later, when I lost everything
in business, that memory
came back. I asked myself: how
many young men want to dress
well but cannot afford to? Entrepreneurship
is about identifying a
problem and providing a solution
that people are willing to pay for.
Derby was born from that question.
Q: Before Derby even began, you
faced a major setback involving
your father’s savings. What
happened?
After two years in sales, I had saved
?1 lakh. I needed another ?1 lakh
to start a small business. My father
was hesitant. He said business is
risky. But finally, he broke his provident
fund, which was his lifetime
savings, and gave me the money.
We planned to open a Punjabi
restaurant. We had taken a small
200 sq. ft. space and began working
on the interiors. Then we discovered
we needed a chimney that
would cost another ?2 lakh. My
partner withdrew. He handed me
the key and walked away.
Before my business even started,
it had failed.
That night I cried. I had invested
my savings. My father had given
his lifetime savings. I could not go
back home and say I had lost it.
The next morning, with ?10,000,
I bought two second-hand Singer
sewing machines. I put up a board:
“Derby – Gentlemen Outfitters.”
I invited a master tailor from my
area, Raj Gopal Master, to join me.
Sometimes you move forward
because there is no option to go
back.
Q: Weren’t you embarrassed
shifting from corporate sales to
tailoring?
Many people laughed. My former
colleagues would park outside and
watch me sweep the floor, serve
tea, and take measurements. They
would say, “You were growing so
fast. Now look at you.”
I never felt ashamed. It was my
business. There is dignity in every
form of work.
In fact, I treated tailoring differently.
Customers would come, and
I would sit with them for 15–20
minutes to understand their profession
and lifestyle. If you are an
engineer visiting sites, you need
a specific wardrobe. If you are a
banker, you need another. I designed
wardrobes, not just shirts.
People did not see me as a tailor.
They saw me as someone who
understood them. Word spread.
From two machines, we grew to
ten. From 200 sq. ft., we moved
to 500, then 1,000. We opened a
second store in Adyar. The growth
was steady and organic.
Q: When did Derby shift from
tailoring to becoming a larger
brand?
During festive seasons, people
would order multiple sets. Because
tailoring took time, I would ask
them to come later for delivery.
They would say, “We love your fit. Why don’t you make
ready-made?”
That question changed everything. I studied our
customer database. I created Indian-fit patterns. I
standardised sizing. When we launched ready-made,
sales doubled.
That was when I understood the power of systems.
Tailoring was limited in scale because every store
depended on skilled masters. Ready-mades allowed
standardisation. That opened the door for expansion
— across Chennai, then Tamil Nadu, and beyond.
Q: You later faced a major financial crisis. How did
that shape you?
In 2014, after rapid expansion, I ran into nearly ?35
crore in losses. It was devastating. I had to sell my
house. I was financially broken.
Failure is not glamorous. It shakes your confidence.
But it also clarifies your thinking.
Growth without control is dangerous. Expansion
without systems can destroy you. That phase forced
me to rebuild from the foundation: to tighten operations,
strengthen processes, and focus on what we
truly stand for.
When you fall, the important thing is not that you
fell. It is whether you rise higher than the level at
which you fell.
Q: MANY WANT TO ESTABLISH A START-UP IMMEDIATELY
AFTER COLLEGE. YOUR ADVICE?
First, work. Spend two or three years in the industry
you love. Learn finance, marketing, supply chain,
and product development. Go with an entrepreneurial
mindset, not just an employee mindset. Second,
save at least 25% of your income. Discipline in saving
builds freedom later. Third, don’t chase investors
first. Build a minimum viable product. Show that
people are willing to pay for your solution. Only then
will funding find you.
Entrepreneurship is the greatest form of social service.
When you create employment, you lift families
out of poverty. Jobs create dignity.
Q: WHAT DEFINES SUCCESS FOR YOU TODAY?
Success is not about stores or turnover. I have seen
growth and bankruptcy. Both are temporary. What
matters is whether you are becoming the best version
of yourself.
Passion for excellence is important. You must beat
your own yesterday. You cannot build anything alone.
Building a team, removing ego, and respecting people;
that is leadership. Discipline creates energy. How you
eat, how you sleep, whether you exercise, whether you
give yourself silence — these matter. I exercise almost
every day. I record my habits.
Above all, focus. Burning desire combined with
single-minded focus.
Q: What would you tell the 19-year-old wannabe
entrepreneurs reading this?
Do not accept the label the world gives you. If they call
you “idiot,” that is their opinion. It is not your identity.
I was that boy who wanted to be invisible. I was
the salesman who was stopped at the gate. I was the
entrepreneur who lost his father’s savings. I was the
businessman who ran into massive losses. Every fall
was also a test.
So I would say, hold yourself to higher standards
than the world holds you to. That is how you build
something meaningful.