I think resilience and obsession are two very key qualities every entrepreneur needs to have. If you are not obsessed with your craft, you won't enjoy it, and it won't work in the long run.
1. Tell us more about your company and your journey.
Across TikTok, Instagram, Facebook, and YouTube, I have the incredible opportunity to educate and inform a community of over 5 million followers on personal finance through my educational vlogs.
The pandemic brought an unexpected twist to my journey. I went viral on TikTok, and within a span of just two weeks, I gained a staggering 200,000 followers. It was an overwhelming experience to see such a rapid growth in my audience during a challenging time. The engagement and support from my followers further motivated me to continue sharing valuable content. This has allowed me to build a social media marketing business and collaborate with major companies like Google, M1 Finance, Coinbase, Walmart, Morning Brew, and many others.
The pandemic brought an unexpected twist to my journey. I went viral on TikTok, and within a span of just two weeks, I gained a staggering 200,000 followers. It was an overwhelming experience to see such a rapid growth in my audience during a challenging time. The engagement and support from my followers further motivated me to continue sharing valuable content. This has allowed me to build a social media marketing business and collaborate with major companies like Google, M1 Finance, Coinbase, Walmart, Morning Brew, and many others.
I pursued my education at the University of California, Santa Barbara, where I graduated with a B.S. in Statistics and Data Science, with a specific focus on Finance. This academic background has provided me with a solid foundation to analyze financial trends and guide my followers in making informed decisions.
2. How did you come up with this idea and go about executing it?
I have just always tried new things and always done some kind of side hustle. Social media was one of them and it worked out extremely well so I went all in on it.
3. What has been the biggest challenge that you faced and how did you overcome that?
Hiring and automating certain aspects of my business. I haven't fully overcome it but I do have a team now that is helping me with everything.
4. What do you think are the most important qualities of a successful entrepreneur?
I think resilience and obsession are two very key qualities every entrepreneur needs to have. If you are not obsessed with your craft, you won't enjoy it, and it won't work in the long run. If you aren't resilient and you can't keep going in the face of failure no matter what, you will lose.
5. What are some of the most important factors for running a successful business?
A strong value proposition, adaptability and innovation, customer focus, continuous learning and networking, and market analysis are all very important factors in running a successful business.
6. What are your tips for first-time and aspiring entrepreneurs?
Stop hesitating and start. Take action in the present and you'll figure out everything else along the way.
7. How can one overcome the hurdle of lack of funds when starting up?
I'd recommend getting a job and making the initial money needed instead of borrowing now but I personally took on credit card debt to start some of my initial e-commerce businesses so that is one route, it's risky but if you keep going and get your business up, you can pay them off later. I don't recommend that as the first route of course but it's something I and a lot of other successful business owners I know have done. You can also borrow from your friends and family.
Brief Bio:
Milan Singh
Entrepreneur
Top Finance Creator
6M+ Followers | Education, not advice
contact@milanmedia.co
Interviewed By - Aarya Gode
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