What does it take to build a business that survives crisis, reinvention, and growth — all while pursuing an MBA and raising a family? In this episode of In The Know, host Danny Xue speaks with Rani Khodijah (MBA ’25D), entrepreneur and founding partner of Ambiz. From selling handmade goods as a child to leading a consulting firm today, Rani shares how her entrepreneurial spirit has shaped every stage of her journey. She reflects on the realities of scaling a company, navigating near-bankruptcy, and transforming setbacks into opportunities for renewal. Learn more about how the INSEAD MBA can support your entrepreneurship goals. Rani also reveals how the INSEAD MBA is helping her strengthen governance, sharpen her leadership, and scale with purpose across markets. Her story is a candid look at what it means to build with resilience and lead with heart — proving that entrepreneurship is as much about people and purpose as it is about growth. Episode Timestamps 00:00 Introduction02:00 Early sparks of entrepreneurship08:26 Start of Rani's company Ambiz11:56 Facing bankruptcy as an entrepreneur15:06 Managing employee health as a business owner18:40 Job fulfilment and performance levels19:15 Rani's goals for Indonesia and South East Asia21:06 Managing work and studies as an INSEAD MBA student25:25 Why INSEAD26:50 Advice to INSEAD MBA prospects30:49 Motivating factors32:58 Managing family when doing the INSEAD MBA35:08 AI as a business tool