Ranveer Allahbadia - Aman Gupta

1)    Ranveer asks Aman about his end ambition for which Aman answers “I would have lead a life where people around me are happy”.

2)    Aman source of motivation – being persuasive.

3)    Aman explains about life partner’s role in business –  should have patience because an entrepreneur always thinks about their company day and night

- balancing a lot

- both should have a possessiveness about the business that they are doing.

4)    Aman’s explains about distractions at this point in his life where he gets distracted by doing n number of things in business and then again get back to basics and start again – “Distractions are a part of life, but you have to come back where you belong to”.

5)    Companies are like babies to the founders and Boat is a baby to Aman Gupta and he explains of how he has grown Boat to where it is now and how he jumps and solves the problems of Boat till date.

6)    Ranveer asks Aman's personal branding has been a biggest source of Boat’s boost for which he answers how Shark Tank has helps brands to get free marketing via TV channel and has boomed the audience base overnight and how getting a Shark guidance in your startup helps you scale your business.

7)    Aman talks about Flathead pitch in Shark Tank –where he mentions of his 5 failures before Boat became a hit “People don’t know about the failures you go through, people only know the success".

8)    Aman mentions of losing 30 lakhs and all his savings in a business and how he could relate himself to the flatheads founder where he says “You are down, but not out”

9)    Aman is a last bencher but he is more of a hustler.

10)  Ranveer asks Aman opinion on whether there is really a necessity to pursue MBA for which Aman answers taht there is no fallback option for people who has come last, but for first rankers they have an option to go back to the same company that they have worked for... so last benchers always do one thing or the other to succeed in their life.

11)   Business key lessons from Aman’s failures in business – There is a lot of difference between confidence and over-confidence. We miss to know the realities.

- You have to start a company and think about the different aspects about doing things

- First try to figure out the market fit rather than building a great team and a big office because your energy will be drained in maintaining the team rather than maintaining the business.

12)  What entrepreneurship teaches you, no other business school / MBA teaches you.

13)  Be frugal minded in business

14)  Have a ROI (Return on Investment) mindset in your business

15)  Be profit-oriented rather than burn your money when it comes to business.

16)  Learna lot from your failures, learn a lot from other failures, learn a lot from you rcompetition – be a life-long learner.

17)  Companies that have pitched in Shark Tank should give results in the next two years fo rAman to continue provide funding to start-ups.

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