Job छोड़कर How She Earns 20 Lakhs/Month Through Her E-Commerce Brand ?

Summary

In this inspiring interview, the host engages with a female entrepreneur who shares her journey of establishing her clothing brand, 'Mam and Doctor,' after quitting her job. Despite initial challenges and the pressure of being a woman in a competitive industry, she finds success with a revenue of 2.45 crores in the last year, a fivefold growth. She discusses the importance of dedication, self-belief, and the support from her parents, highlighting her plans for scaling her business across India and her projections of 6 to 10 crores for the current year.

Takeaways

• 😀 The speaker emphasizes the importance of dedication and self-belief in starting and growing a business.
• 👗 The business discussed is a clothing brand that the speaker started from scratch, showcasing the journey from idea to a successful brand.
• 💪 The speaker highlights the challenges faced as a female entrepreneur, including initial lack of support and overcoming gender biases.
• 🏠 The transition from working in a corporate job to starting her own business is described, including the decision to leave a stable job for an uncertain venture.
• 📈 The business has shown significant growth, with a nearly five times increase in revenue from the previous year to 2.45 crores.
• 📊 The revenue is seasonal and depends on various factors such as festivals, indicating the need for adaptability in business strategies.
• 🌐 Despite the growth, the business is currently offline and does not engage in online sales, suggesting potential for expansion into e-commerce.
• 👨‍👩‍👧‍👦 The speaker's family has been very supportive throughout her entrepreneurial journey, providing both emotional and financial backing.
• 🛠️ The business operates with a team of 26 people, including various roles like a master tailor, helpers, pressmen, packers, and cutters, illustrating the scale of operations.
• 🤔 The speaker discusses the issue of copycats in the market and the challenges of protecting original designs from being replicated.
• 📝 Three tips are given for starting an e-commerce brand: dedication, thorough market research, and avoiding toxic influences that may discourage the endeavor.

Q & A

What was the last two months' revenue for the guest's business?

The last two months' revenue was 24 lakhs due to a good season influenced by events like Eid.

What was the revenue for the last financial year of the guest's business?

The revenue for the last financial year was 2.45 crores.

How has the business grown compared to the previous year?

The business has almost grown five times, from 54 lakhs to 2.45 crores.

What is the projection for the current year's revenue?

The projection for the current year's revenue is between six to ten crores.

How does the guest's business depend on the season?

The business is highly seasonal, with sales fluctuating based on events and seasons, such as a decrease in sales during the cold season in Jaipur.

What was the initial challenge the guest faced when starting their business?

The initial challenge was to leave a stable job and start something of their own, which was met with resistance and uncertainty about the business's success.

How did the guest's parents react to their decision to start a business?

The guest's parents, especially the father, was initially against the idea but later provided full support, including funding.

What is the guest's educational background and how did it influence their business?

The guest has a background in engineering, which helped them understand the technical aspects of their product and the manufacturing process.

How did the guest handle the challenge of being copied by competitors in the market?

The guest focuses on creating unique designs and is prepared to make a video to prove the originality of their designs if a big brand copies them.

What was the guest's strategy for the initial sales of their products?

Initially, the guest showcased their products on their website and relied on word of mouth and support from family and friends to get the first few orders.

What advice does the guest have for someone starting an e-commerce clothing brand?

The guest advises being dedicated, immersing oneself fully in the business, studying the market, and avoiding toxic people who may discourage the endeavor.

How did the guest manage to grow their business to a team of 26 people?

The guest started by learning from their mother's boutique, gradually expanded, and focused on creating quality products, which helped in growing the business and the team.