"Founder Speak" is SheThePeople.TV's new initiative where we get women founders of startups to talk about how they dealt with failure, how they dreamt big, their approach to fundraising and more. today, we meet Nina Lekhi.
Nina Lekhi started and built Baggit when she was just 18-year-old. At that time (1990) it was probably the first bags enterprise made in India. Now 25 years later, she has managed to build Baggit into one of the leading accessory brands in India.
Dreaming big is an inherent nature of ours as we all look forward to growing bigger and bigger, and better and better, breaking the barriers that touch our path.
Why I Dream Big
I dream big to soar. It’s like you are challenging yourself to pick up speed and fly swiftly, summoning the change in the paradigms around you. Dreaming big is an inherent nature of ours as we all look forward to growing bigger and bigger, and better and better, breaking the barriers that touch our path. Thus, dreaming big, for me is excelling in what one does, too. Similarly, I dream big for India, for my country.
How I Deal With Failure
In my career, failure has sown the seeds of my entrepreneurial dream. For me, failure is the key to success. Thus, I believe failure can be utilised to motivate oneself to give clarity to one’s vision and pursue the dreams with more vigour.
Fundraising is important, depending upon the stage at which the brand/organisation is and the long-term business objectives.
Does Fundraising Matter
Yes, but at a strategic point of time. Fundraising is important, depending upon the stage at which the brand/organisation is and the long-term business objectives. Given my experience, I strongly believe that funds are like one pillar among various other pillars, to scale the business, across any geography.
My Advice To A New Entrepreneur
Success depends on converting your ideas and imagination into action. Starting a business is difficult, but if you don't believe in yourself, it will be 100 times tougher.
Don't be afraid to take risks as they will provide you with the most liberating experiences you had till date, but make sure you put together a solid business plan step by step. Keep a tab on it and your dreams to continue moving in the right direction or else you will land up with a business plan which you never open and see. This will guide you in achieving your short-term and long-term goals along with the flaws in the plan.
Also Read: Can I Bag It All Asks Nina Lekhi In Her First Book On Business