Shark Tank India 3: Vineeta Singh shares wise advise for entrepreneurs to manage their cash flow tightly

Vineeta Singh is one of the Sharks who have been on Shark Tank India since its start. The successful businesswoman has invested in various startups and assisted other entrepreneurs in growing their businesses. Vineeta continues to share his guidance and words of wisdom with prospective entrepreneurs in order to help them build a successful and profitable business. This time, the shark discussed the capital issue in the company.

An individual inquired, "How can a new entrepreneur start their own business with little capital?" Vineeta offered wise suggestions. Vineeta Singh took to her official Instagram account and released a video in which she discusses the least amount of capital required to start a business.

Responding to a question, the businesswoman stated, "Mukta ji, maine apne business mein ki shuruaat jab ki thi, kareeb 16 saal pehle, toh literally Rs 10,000 hi the. Toh aisi koi minimal rakam toh hoti nahi. Of course, struggle is inevitable (Mukta ji, when I started my firm approximately 16 years ago, there was literally only Rs 10,000. Therefore, there is no such minimum amount. However, there is a great deal of struggle.

"Mujhe yaad hai, first 5 saal itni problem hoti thi ki kabhi kabhi ghar mein even Aqua guard lagane ke liye meri mom ne zabardasti aa ke mere ghar mein aqua guard lagana diya tha. Vineeta Singh continued, "I remember that for the first five years, there were so many problems that my mother forcibly came to my house and installed an aqua guard because I didn't have the money to even install one."

Further, the Shark Tank India judge explained, "Par aap patience se, dheere dheere apna business banayein, apne cash flow ko tightly manage aur rotate karein, financial discipline rakhein, hadbadi mein paise idhar udar naa kharche, toh mera maanna hai ki koi bhi rakam kam nahi hoti hai business start karne ke liye (But if you are patient and slowly build your business, tightly manage.)

Vineeta added, "Aur aise kayi businesses maine Shark Tank mein dekhe hain jahan Rs 5000, Rs 10,000, Rs 20,000 se aaj Rs 100 crores ke empire bana diye hain." Par bahut zaroori hai ki aap apna profit hi nahi, apna working capital and cash flow par bhi kadi nazar rakheen. Because aapke paas paise nahi hain to start with, toh (And I've seen numerous businesses on Shark Tank that have built empires worth Rs 100 crores from Rs 5000, Rs 10,000, and Rs 20,000. However, you must monitor not only your profits but also your working capital and cash flow. Because, if you don't have any money to begin with, cash will be your queen.)




Vineeta has been a part of Shark Tank India for the last three seasons now.