HoldCo Builders How I Built a Portfolio of 4 Wine Distribution Companies | Ranjit Chahal Interview
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Oct 1, 2023 Ranjit Chahal, the founder of BEVIQUA, shares his journey from refrigeration engineer to the owner of four thriving wine distribution e-commerce sites. He discusses the importance of embracing being an outsider and how starting a Holdco at 40 proves age is just a number. Ranjit dives into the complexities of wine distribution, effective customer segmentation, and the significance of positive thinking during tough times. He also highlights the value of learning from unrelated industries to enhance strategies within his own.
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Career Shift to Wine E-Commerce
- Ranjit transitioned from refrigeration engineer to wine wholesale without prior wine knowledge.
- He found the traditional wine industry archaic and refocused on omni-channel e-commerce innovation.
Transferable Skills and Resilience
- Transferable skills like problem solving and relationship management are key across industries.
- Resilience and belief enable success even without direct industry or IT experience.
Embrace Pressure for Growth
- Embrace working under pressure as it enhances problem solving and resilience.
- Being bootstrapped forces you to find creative solutions and think outside the box.