Talking to a Shark Tank India contestant who talked about his failed businesses, Aman Gupta said that 6 of his startups failed before he built the boAt wearable brand.
By Sneha Saha: Shark Tank India Season 2 is streaming on Sony LIV platform. Shark Tank India Season 2 is gaining popularity due to the exciting pitches that sharks are getting from all sorts of industries including tech, medical, personal care and many others. The judges for the season are: Anupam Mittal, Vineeta Singh, Peyush Bansal, Namita Thapar and Aman Gupta. On several occasions, the judges of this season of Shark Tank India have seen the Sharks share their personal life story on national television. During one of the latest episodes, boAt co-founder Aman Gupta was seen sharing his entrepreneurial journey and says that he was full of difficult moments.
talking to a shark tank india A contestant who opened up about his failed businesses, Gupta said that 6 of his startups failed before he built the boAt wearable brand. The story encouraged the contestant to restart after facing business failure. After the episode aired, Gupta took to Twitter, writing: “In life, we all face lows. I’ve been down too, more times than one can imagine. But when you hit rock bottom, there’s only one way out: up. “. Keep trying, the day you stop trying is the day you will fail. Inspired by the spirit of such entrepreneurs and also by people with such a spirit.”
Well this is not the first time Gupta cheered on a pitcher on Shark Tank India. During another recent episode, the boAt co-founder was seen encouraging a pitcher to take a job and restart his failing business once he has the money. That gave the founder of Flatheads Ganesh Balkrishnan, an IIT and IIM alumnus, the courage to turn down Shark Tank’s offer and take a corporate job to learn the basics of running a successful business. During that particular episode, the boAt founder said, “There’s no shame in looking for a job. When my businesses didn’t work out, I took a job, saved money, and came up with a new business.” After the airing of the episode, Balkrishnan received a great response from consumers and the entire inventory of him was sold out within 2 days.
Encouraging entrepreneurs who are failing in business, Gupta took to LikedIn to write, “#DownButNotOut.” “During the Flatheads’ performance, I could see myself in Ganesh Balakrishnan. Because I could relate so much to him, I wasn’t ashamed to speak my mind and told him to do what I would have done if I were him: start over. Those were harsh comments. and it takes a lot of character to accept when someone tells you to stop what you’re doing and start over.And to top it all off, it takes guts to say no to a big funding offer on national television.to reset and recalibrate I hope he’s onto something big soon. Massive respect and he’ll be back with a bang,” Gupta’s LinkedIn post read.
Sharing his entrepreneurial journey, Gupta further wrote, “When I was on my entrepreneurial journey, I started once but rebooted 5 times. I went into the corporate world and then back into entrepreneurship. While my story is a great story now after being something successful, when you’re experiencing the failures, it’s disconcerting.”