Discussion with Shark Tank India contestant Pratik Gadia, Founder and CEO of The Yarn Bazaar.
Pratik ne Aman Gupta, Ashneer Grover, Anupam Mittal and Peyush Bansal se 1cr ki funding raise kari ti.
We discuss Pratik's experience of Shark Tank India, unki entrepreneurship journey and aur bht kuch unke life and career se related.
Pratik tells us about:
- Kyun unhone Yarn Bazaar start kiya?
- Unko ye idea kaise aaya?
- Shuru ke years mein logon ki judgement se kaise tackle kiya?
- Shark Tank mein apply aur funding milne ke baad ka process
- Shark Tank mein kitne rounds hote hain and har round mein kya hota hai?
- Yarn Bazaar ka business model kya hai?
- Qualities of a good entrepreneur?
- Idea zyaada important hai ya implementation?
- one Secret about the Yarn Bazaar
Chapters:
00:00 - Intro to the Podcast
00:43 - Intro of the Guest
01:11 - Pratik's entry
01:27 - What is a yarn?
02:41 - Why Yarn business even though you didn't want to join textile business?
03:46 - How did you get this idea?
04:50 - Pratik's business approach
07:10 - How to tackle with family pressure and judging people?
09:20 - Entrepreneurship is hustling
09:45 - Shark Tank journey from registration stage
11:28 - How many pitches before actual pitch?
11:46 - Experience through the process
12:30 - How long was actual pitch?
13:07 - Process after winning the funding commitment from sharks
15:16 - How were you feeling while giving the pitch?
16:30 - Pratik's guitarist playing band experience
17:11 - The Yarn Bazaar business model
18:00 - Types of business models
19:00 - Things an entrepreneur SHOULD NOT DO
20:15 - Book recommendation by Pratik for every entrepreneur
20:50 - An entrepreneur's life in reality
23:10 - Idea vs Implementation
24:22 - One secret of The Yarn Bazaar and its 'Purpose'
Pratik ne bht saari badia advice bhi di for young, new and budding entrepreneurs to good in life and career.