BCBusiness

October 2014 Entrepreneur of the Year

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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54 BCBusiness OctOber 2014 Mark van Manen/vancOuver Sun (tOp left & bOttOM right); cbc, 2014 (dragOnS' den) Bishop says, "You need vision and the guts to take the risk and do this," and it's that vision—and Vij's legendary charm— that caught the attention of Dragons' Den executive producer Tracie Tighe, who asked Vij to try out for the show after working with him on a Dragons' Den spin- off show, The Big Decision, in the spring of 2013. "I think some people will be sur- prised when they watch the show," says Tighe. "Some of the dragons are straight- up dollars-and-cents guys, but Vikram's business style is more personality-driven. He goes on instinct and hunch. Some of the other dragons don't think about what appeals to them. It's just all about what makes a good business deal, but Vikram goes with his heart." But is it possible for a business with annual revenues of almost $6 million to be all instinct? Jamie Maw doesn't think so, recalling one afternoon at Vij's where he saw the proprietor meet the produce van and carefully inspect every single item personally. "To be a success- ful restaurateur, you have to be a sound business person," he says. "You're mov- ing perishable items and dealing with fickle customers six nights a week. "Vikram has a huge heart, but he's a canny guy and that is the reason for his success," continues Maw. "Well, that and his ability to make people feel com- fortable, like they've had a special eve- ning—and, of course, those remarkable eyes you generally only see on black vel- vet oil paintings!" Still, Vij himself would be the first to admit that any bank looking over his business model would not call him a financial success. "They would say, 'No, you are wrong,'" he says. "'There are too many giveaways, you need to tone it down.'" Declaring that the only thing that's flashy about him is his beloved jewelry (all silver pendants, beaded bracelets and ornate jewelled rings), Vij chooses to drive a 2004 Prius ("My car is a disaster, I live out of it—it's full of clothes, flowers, coffee cups and carda- mom") and lives "humbly and simply" in a home near 14th and Cambie (around the corner from the new restaurant), with any splurging going on trips with family and friends. "Am I the most profitable business? No," he says. "Most efficient? No. I have extra fat—not only on my body but my organization. But I'm OK with it because at the end of the day I'm really happy. It's an extremely "Vikram's business style is more person- ality-driven. He goes on instinct and hunch. Some of the other drag- ons don't think about what appeals to them. It's just all about what makes a good business deal, but Vikram goes with his heart" —Tracie Tighe, Dragons' Den producer

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