Interview with Satyakam Patra
Satyakam Patra, a successful businessman hailing from Berhampur, Odisha, is a dedicated entrepreneur in the field of medical equipment and hospital necessities. Born on August 13, 1976, Satyakam embarked on his entrepreneurial journey from a single room with no staff and gradually expanded to a thriving business with two rooms and a committed team of five. His journey is marked by resilience, family support, and a strong commitment to community service.
Beyond his business accomplishments, Satyakam is an active member of the Rotary Club of Berhampur International, where he served as the president in 2022-2023. Engaging in social work and playing badminton are his cherished hobbies. With his family spread across diverse professions and locations, Satyakam values their collective input in decision-making for the business. His story exemplifies the fusion of traditional values, modern business acumen, and a steadfast commitment to making a positive impact.
Interviewer:
Can you share a bit about your journey in the business world, Mr. Patra?
Satyakam Patra:
Certainly, I started my business from scratch – one room, no staff, and doing the transportation myself. It’s been a journey of hard work and growth.
Interviewer:
So, can you tell us about about your family ?
Satyakam Patra:
Sure, In my family, I have my father(who is 75 years old), who started the business, My younger Brother Satyabit Patra who is working with Tata Finance and situated in Bangalore and Me who is middle child and My Older Brother Sandipani Patra who is working as Wing Commander in Indian Air Force.
Interviewer:
A perfect family man. What about your household?
Satyakam Patra:
Yes! Its Me, My wife, My Father, and my children.
Interviewer:
How has your family been involved in supporting your business?
Satyakam Patra:
My wife and children have been pillars of support throughout. Their involvement and encouragement played a crucial role in overcoming the initial challenges.
Interviewer:
Can you tell us more about your business in supplying medical equipment and hospital necessities?
Satyakam Patra:
Certainly. I specialize in supplying and wholesaling medical equipment and hospital necessities. From humble beginnings, we now have two rooms for business and a dedicated team.
Interviewer:
What motivated you to venture into the medical supply business?
Satyakam Patra:
The motivation came from the desire to contribute to the healthcare sector. It was also a business opportunity that aligned with my interests and values.
Interviewer:
How do you balance your role as a businessman and your involvement in social work?
Satyakam Patra:
It’s all about time management. I allocate specific times for work and social activities. Being a member of the Rotary Club allows me to engage in meaningful social work.
Interviewer:
You mentioned your involvement in the Rotary Club. Can you share more about your experiences and contributions?
Satyakam Patra:
I joined the Rotary Club of Berhampur International in 2016 and had the honor of being its president in 2022-2023. It’s been a rewarding experience contributing to various community projects.
Interviewer:
Your family seems to be spread across different locations and professions. How do you stay connected?
Satyakam Patra:
Despite the geographical distances, we stay connected through regular communication. Family reunions and gatherings during festivals are essential to maintain our bond.
Interviewer:
What role does your family play in decision-making for the business?
Satyakam Patra:
We often discuss major decisions together. Their perspectives and inputs are valuable, creating a sense of collective ownership.
Interviewer:
Any memorable moments or milestones in your business journey?
Satyakam Patra:
Every step, from the initial struggles to the expansion of the business, holds significance. But achieving two rooms, five dedicated staff, and having my family actively involved are certainly milestones.
Interviewer:
How do you unwind from the demands of business?
Satyakam Patra:
I find relaxation in playing badminton. It’s a great stress-buster for me. Also, engaging in social work provides a different kind of satisfaction.
Interviewer:
What advice would you give to aspiring entrepreneurs?
Satyakam Patra:
Embrace challenges, stay persistent, and value the support of your family. Hard work and dedication pave the way for success.
Interviewer:
Can you share more about the services provided by your business?
Satyakam Patra:
We provide a range of medical equipment and hospital necessities. You can find more details on our website: Utkal Surgical & Pharmaceutical Agency
Interviewer:
How has the digital transformation impacted your business?
Satyakam Patra:
The introduction of computers streamlined our operations. Our website has also widened our reach and accessibility for clients.
Interviewer:
What role do your long-serving staff members play in the success of your business?
Satyakam Patra:
Their loyalty and dedication have been invaluable. They are not just employees but integral members of our work family.
Interviewer:
How do you stay updated with the latest trends and advancements in the medical equipment industry?
Satyakam Patra:
Continuous learning and networking with industry professionals, coupled with attending relevant conferences, keep me well-informed.
Interviewer:
What are your future plans for the business?
Satyakam Patra:
I aim to further expand our services, embracing technological advancements to enhance efficiency and customer satisfaction.
Interviewer:
How do you handle competition in the industry?
Satyakam Patra:
By focusing on quality, customer relationships, and staying adaptable. It’s about providing value beyond just the products.
Interviewer:
Any specific challenges you faced during the growth of your business?
Satyakam Patra:
Initial financial constraints and building a reliable team were significant challenges. Overcoming them has been part of the journey.
Interviewer:
How do you maintain a work-life balance with such a busy schedule?
Satyakam Patra:
Setting priorities and maintaining a disciplined routine helps me balance work, family, and social commitments effectively.
Interviewer:
How has your faith played a role in your personal and professional life?
Satyakam Patra:
My Hindu faith provides a moral compass and resilience. It guides my decisions and actions, fostering a sense of purpose.
Interviewer:
Are there any specific community projects you’ve been involved in through the Rotary Club?
Satyakam Patra:
We’ve undertaken projects related to healthcare, education, and environmental sustainability, making a positive impact in our community.
Interviewer:
What motivates you to continue your involvement in social work?
Satyakam Patra:
The joy of making a difference and the sense of responsibility toward the community are constant motivators.
Interviewer:
How do you see the future of the medical supply industry evolving?
Satyakam Patra:
The industry will likely see more advancements in technology, greater emphasis on sustainability, and increased accessibility to healthcare products.
Interviewer:
How do you stay adaptable to changes in the business environment?
Satyakam:
Regularly assessing market trends, seeking feedback, and being open to innovation helps us stay ahead of the curve.
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Interviewer:
Any specific achievements or recognitions that you’re proud of?
Satyakam:
Leading the Rotary Club and contributing to community projects have been significant achievements, along with the growth of my business.
Interviewer:
How do you envision the role of technology in the future of your business?
Satyakam:
Technology will play a crucial role in enhancing efficiency, expanding our reach, and improving customer experiences in the coming years.
Interviewer:
What legacy do you hope to leave through your business and social contributions?
Satyakam:
I aspire to leave a legacy of integrity, compassion, and positive impact—both in the business world and the community.
Interviewer:
How do you see your family continuing the business legacy in the future?
Satyakam:
I believe in instilling the values of hard work and dedication in my children, But I want my children to follow their passion, I don’t want them to Leave the work of their passion and grow my business.
Interviewer:
Lastly, what keeps you inspired and motivated on a daily basis?
Satyakam:
The desire to contribute, the love and support of my family, and the satisfaction derived from both business success and social service keep me inspired every day.