Vineeta Singh, the CEO and co-founder of Sugar Cosmetics, is a popular businesswoman who also shot to fame with her appearance as a Shark in all the three seasons of Shark Tank India

Vineeta Singh, the CEO and co-founder of Sugar Cosmetics, is a popular businesswoman who also shot to fame with her appearance as a Shark in all the three seasons of Shark Tank India

She recently revealed the amount of capital with which she initially started her business

She recently revealed the amount of capital with which she initially started her business

Singh, in a video on Instagram, revealed that she started her business 16 years ago with only Rs. 10000.

Singh, in a video on Instagram, revealed that she started her business 16 years ago with only Rs. 10000.

She also revealed that there is no minimum amount with which one can start a business but there is of course much struggle during the initial phases

She also revealed that there is no minimum amount with which one can start a business but there is of course much struggle during the initial phases

“I remember that for the first five years, there were so many problems that my mom forcibly came to my house and installed an aqua guard because I did not have money to even install one,” she said

“I remember that for the first five years, there were so many problems that my mom forcibly came to my house and installed an aqua guard because I did not have money to even install one,” she said

She also revealed that in order to build to business successfully, patience is required along with the ability to manage cash flow tightly

She also revealed that in order to build to business successfully, patience is required along with the ability to manage cash flow tightly

According to Singh, financial discipline is also necessary and one should not spend money hurriedly without proper decision making for a business to become successful

According to Singh, financial discipline is also necessary and one should not spend money hurriedly without proper decision making for a business to become successful

She also revealed that she had seen many businesses in Shark Tank where owners have created empires of Rs 100 crores from Rs 5000, Rs 10,000, Rs 20,000.

She also revealed that she had seen many businesses in Shark Tank where owners have created empires of Rs 100 crores from Rs 5000, Rs 10,000, Rs 20,000.

“But it is very important that you keep an eye not only on your profit, but also on your working capital and cash flow. Because if you have no money to start with, then cash is going to be the queen for you,” she added

“But it is very important that you keep an eye not only on your profit, but also on your working capital and cash flow. Because if you have no money to start with, then cash is going to be the queen for you,” she added

Northeast Now

www.nenow.in

Visit Our website