What Sharks REALLY Think Before Investing | Ft. CA Namita Thapar | CA Rachana Ranade

"he's gone from four stores at airports to 50 stores data point one number two 5x Revenue really number three he he's expanded so he's saying CH already airport connects so in addition to rare Planet which has has Artisan stuff like jewelry and Kul and bags and all of that he started 2m which is a convenience store he started satara which is a women's accessory brand he started liquid which is a perfume brand so he has done this horizontal expansion and within a year and a half he got 5x valuation and he gave me a secondary exit for a partial amount at 3 and 1/2x"

"I genuinely think that the entrepreneurial mindset you have to start very early from the time they're 11 12 you have to put that seed in their mind and it teaches you about dealing with failure it teaches you about thinking out of the box it teaches you about communicating effectively"

"I've been working with the government trying to bring this in the school curriculum and um it's very important to teach them to look at failure positively"

"it's not like they've just come along you know they are doing a lot of the talking they have the numbers on top of their head they're very handson because we grill them you see just 10 minutes but we spent an hour and a half grilling them so we know that right okay so they're pretty good and they're kicking some ass"

"women now are seeing a lot more Role Models a lot more women are in business so they feel secondly it all comes down to a supportive family whether it's your parents your spouse your in-laws your kids everybody it's an ecosystem that has to be proud of you and not make you feel guilty"

"it's also taught me and helped me a lot um initially I was a CFO of the company so obviously all the mergers and Acquisitions that we did all the private Equity Investments it really helped me get that Finance Acumen then when I move to managing the sales and marketing when you bring data analytics and when you bring that numbers mindset to marketing you create Magic in brand building"

"even as an investor if you notice I ask a lot about sales valuation really helps you get to the depth and to the Crux of the business you know uh because you really have that appreciation for Tam and for um iida and for all those you know repeat customers you're you're just constantly crunching numbers and it comes naturally to you"

"that never goes away so you don't have to practice as a chartered accountant it gives you a certain way of thinking it gives you a certain personality which helps you in every avar of yours whether CFO whether it's head of India sales whether it's a shark or whether a mother"

"one is analytical skills that's very true right true and the second one is prioritizing yes because you know I remember in CA final we have like eight subjects and when we sit down to study one we feel like time management exactly so you have to have prioritization you need to get better at time management so many things that c and you learn planning also now because you have to you can't leave for last minute all those laws and my God those hundreds of tax Clauses that you have to have memorized there is no way you can leave it for last minute you have to prepare ahead of time so even that planning mentality attention to detail I mean there are lot of skill sets that it puts in you as a person"