Stay true to yourself and the rest will follow.
Up to mid 1985, Vijay Taneja was working three jobs while simultaneously attending the University of the District of Columbia. He was majoring in Business Administration when he decided that he was going to establish his career where he gets commissions versus salaries. By 1985, he did what was his goal working on commissions for a national employer on commissions. In late 1990 he opened up his own business and the success was what he foresaw.
Vijay Taneja is the director of Velocity Commercial Investments Inc. The company provides sources for financing residential investment properties and commercial real estate financing. The second business he created was Elite Bollywood Entertainment Inc. This company was created to promote the magnificent culture of India by way of promoting Bollywood stars in live concerts worldwide.
In 1993, Vijay launched Elite Bollywood Entertainment Inc. This massively successful business produced 850 shows worldwide. In addition, they were promoting concerts and events for Elite Bollywood stars.
Vijay Taneja is an international entrepreneur. He has provided his team with great leadership. He has developed a team of talented individuals capable of addressing the production and operations of both Velocity Commercial Investments Inc. as well as Elite Bollywood Entertainment Inc. He currently resides in Fairfax, Virginia.
Where did the idea for your company come from?
Velocity Commercial Investments Inc. is the name I began with when I started with my Real Estate Financing. The business is finding funding for clients who are flipping investment properties nationwide, Commercial Properties Internationally.
Bollywood Entertainment was created to promote Bollywood Concerts with movie stars from India. The company provides a platform where the Indian generation born in the west can be proud of their own heritage that Bollywood movie stars can perform at the same or at better levels than the ones in the west. So the new generation can be close to their ancestor’s heritage. You can find more information on the website www.elitebollywood.com and if anybody needs promotions for their respective events or need somebody from Bollywood area to perform, that service is also available.
What does your typical day look like and how do you make it productive?
My typical day is never typical, every day is a new challenge. I answer inquiries from prospective clients and see how I can assist to meet the goals of the client. My day starts very early in the morning and runs until late evening. I make a lot of phone calls and send out information with regards to the programs that we have available. Depending on the type of business I am calling, from time to time I meet people in person. I do the same for both businesses.
How do you bring ideas to life?
I have a really good team of people around me both here and overseas. They are the key to having the business run well. I trust their ideas and input. We can collaborate on new ideas. If we can see that a new idea is good, we work hard to make ideas happen.
What’s one trend that excites you?
A good trend is one that produces positive results. If a trend does not produce positive results, I still do not stop. I will keep working on it until we get the right results.
What is one habit of yours that makes you more productive as an entrepreneur?
I think positively all the time. I work with my team who are also very positive. I do not see failure as an option. I just move forward. There is always a solution to a problem. We just have to find the answers and move forward in a positive way.
What advice would you give your younger self?
I would tell my younger self, the young Vijay Taneja, to stay true to yourself and the rest will follow.
Tell us something that’s true that almost nobody agrees with you on.
Well, unless people talk about me behind my back, most people believe that I know what I am talking about. They follow my lead. I do not have many disagreements. I have the confidence from my team.
As an entrepreneur, what is the one thing you do over and over and recommend everyone else do?
The thing that I do over and over as an entrepreneur is to stay consistent. I keep focused on a project until it is complete. My team works with the same mindset.
What is one strategy that has helped you grow your business?
My strategy is to use my determination. I set a path and then I walk that path until I get the desired outcome.
What is one failure you had as an entrepreneur, and how did you overcome it?
As long as things are within my control, I have always gotten positive results. I cannot think of any failures that I have encountered throughout my career. Even if things do not go quite the way it is planned, there is always a solution. You just have to stay positive and come up with the solution.
What is one business idea that you’re willing to give away to our readers?
Follow your dreams. Now is the good time to invest in real estate, and we would help you with the financing of that project, and if needed refer you to the Builders, and etc.
What is the best $100 you recently spent? What and why?
The best money I ever spend is always when I spend it on my family.
What is one piece of software or a web service that helps you be productive?
I use all social media that is available. Facebook, Twitter, Instagram, YouTube, they are all valuable to me in my businesses. But my best site is www.bollywoodelite.com and www.vcinvestmentsinc.com.
What is the one book that you recommend our community should read and why?
In my perspective, many people get information or inspiration from books. Books are always someone else’s history. I am a very practical and a very visual person. For my business knowledge, I use CNBC business news which is where I go for the information.
What is your favorite quote?
I didn’t fail a hundred times, I learned a hundred ways not to do this. By Thomas Edison.
Where there is faith there is no fear. My original.
Carlyn runs the day-to-day publishing operation here at ideamensch and interacts with our awesome customers and entrepreneurs. She is likely editing this with a cat on her lap.