Life as a Shark, Building 10,000 Cr+ BOAT, Investor rejections and more | S1E1 with Aman Gupta | The BarberShop with Shantanu
Aug 5, 2022
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Aman Gupta, Entrepreneur, talks about the challenges of building a successful company, including funding and attracting investors. They also discuss the impact of a particular conversation on the middle class in India and the importance of choosing the right co-founder for a successful business.
Staying grounded is crucial in avoiding arrogance and complacency in entrepreneurship.
Fame and celebrity status can bring challenges like loss of privacy and the need for personal space.
Money should never be the sole focus; prioritizing personal growth and happiness leads to success.
Deep dives
1. Grounded despite success
Despite gaining fame and success, the speaker remains grounded and surrounded by people who keep him grounded. He acknowledges that staying grounded is important to avoid arrogance and complacency. He is aware that becoming too confident and believing that he knows it all can lead to downfall. The speaker values staying true to oneself and recognizing that there is always more to learn.
2. Impact of becoming a celebrity
The speaker reflects on the sudden fame and celebrity status that came with the success of the show Shark Tank. Initially, he enjoyed the attention and recognition from others. However, he also mentions the challenges of constantly being in the public eye and the loss of personal privacy. Despite the positive aspects, he expresses the need for personal space and quiet moments.
3. Money and its impact
The speaker shares his relationship with money, highlighting that money has never been his sole focus or motivation. He emphasizes the importance of not being driven by money alone and maintains that money does not change him as a person. He recalls his humble background and how he started with limited resources. He does acknowledge the role of money in providing opportunities and comfort but emphasizes that it should not define one's character or relationships.
The Importance of Adaptability in Entrepreneurship
Adaptability is crucial in entrepreneurship as it allows entrepreneurs to embrace change and evolve with shifting consumer demands. The speaker emphasizes the need to constantly change products and keep up with evolving trends. Successful entrepreneurs are those who can adapt to new challenges and seize opportunities in emerging categories. The acceptance and celebration of entrepreneurship in India have created a favorable environment for startups to thrive, and platforms like Shark Tank provide aspiring entrepreneurs with valuable mentorship and exposure.
Prioritizing Happiness and Personal Growth over Money
The speaker shares a personal philosophy centered around prioritizing happiness and personal growth over money. He believes that money is a byproduct of doing what you love and building the right brand. Instead of obsessing over wealth, he emphasizes the importance of being happy, maintaining good health, and enjoying the journey of building something meaningful. Family time and maintaining a healthy lifestyle are also top priorities for him. While money is important for security, he believes that as long as he continues to stay true to his values and focuses on building a successful brand, financial success will naturally follow.
My name is Shantanu and I am the founder of Bombay Shaving Company and Bombae. My company has scaled to 1500+ Cr value (if this metric means anything haha), but more importantly, is a loved personal care brand which has scaled to 50L households and 1L stores in 5 years. I LOVE entrepreneurship. Personally, I would rate myself as an average (at best) entrepreneur, but I love great ones.
The BarberShop with Shantanu is a podcast where I call entrepreneurs I admire, and go deep with them. Their journey, dreams, failures, challenges, parenthood, marriage, cofounder fights, loneliness, investors, money, success and so much more. The aim is to make entrepreneurship relatable and accessible. We will be releasing an episode every Friday at 6 pm. Tune in and hope you enjoy. :)
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