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1. Tell us more about your company
and your journey.
I am
currently running a preschool called Kids Shell at Barara and Zeal India which
is a Telecom Company. My journey started when I completed my B.Tech from MMU
and I always knew that job is not my cup of tea so I was searching for some
business options after graduation. The main reason for opening a preschool at
Barara, Haryana was to give free education to children from poor families of
that area.
2. How did you come up with this idea and go about executing it?
Opening a
preschool was my mother’s idea. I started visiting preschools in my city to get
an idea about them and how it really works here in our area, after a lot of
research and support from my family I finally opened my school in February
2017.
A year later my friend came to me to ask if I would like to invest and be
a partner in his telecom company. I used to think it is good to have 2-3
sources of income and since I only had to invest and be there of the major
decisions of the company I decided to join them in December 2018.
Since most of
the work used to be done by them and I used to be at school, it was easier for
me to manage both, as I had to only be there for the meetings with new clients
and contracts.
3. What has been your biggest
challenge that you faced and how did you overcome that?
Initially
the biggest challenge was to get admissions and build trust with the parents,
so for the admissions, I had to do marketing through social media, pamphlets,
hoardings but the most effective one was door to door convincing which was done
by my staff.
4. What do you think are the most
important qualities of a successful entrepreneur?
Most
important qualities of a successful entrepreneur are the following-
1-Surround
yourself with assets, not liabilities.
2-Invest in
multiple sources of income.
3-Always
have 2 to 3 plans.
5. What are some of the most
important factors for running a successful business?
Building
trust and always being connected to your end customer is the most important
factor in any business-like in my case it’s the parents. Even after starting
the business, to run it successfully for a long time you always have to be
connected and pay personal attention to the problems, needs and suggestions of
the staff and customers.
Business is not just about investing money all the
time but about having the full knowledge about its nature and the market
conditions and handling all the matters personally which in turn helps in
running the business successfully in the long run.
6. What are your tips for first
time and aspiring entrepreneurs?
Hard work
and patience are two tips I would like to give to all the aspiring
entrepreneurs. Nothing comes easy in life, plan your things well in advance and
always have an alternative plan because things not always work out the way you
want it to be, so just be patient and positive.
7. How can one overcome a hurdle
of lack of funds when starting up?
Starting up
was not an issue I had the funds for school from personal savings, friends and
family.
8. Which is your favourite book
and why?
I am not
really a bookish person.
Interview by - Himanshi
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