“Surround Yourself With Assets, Not Liabilities” – Sahil Sharma

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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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