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Wellness Industry 2016-07-07

Here is what successful entrepreneurs would like to teach aspiring wellness moguls

Every entrepreneur make mistakes and take learning out of it. Some would pass on the learning to the next generations, while some would share it with the aspiring lot to help them succeed. Here is your pick.

Here is what successful entrepreneurs would like to teach aspiring wellness moguls

A woman running a beauty parlour is a wellness entrepreneur. But, what made her Adhuna Bhabani or Vandana Luthra of Indian wellness industry is her achievements in the field of salon business.

The aspiring entrepreneurs show sagacity to jump into untested waters and face the consequences, with a strong self conviction that he will successfully encounter the sharks and befriend the dolphins.

Thus, here is a list of productive suggestions from Indian wellness entrepreneurs to budding ones from their learning and experiences which will help you make a smooth move in unorganised yet potent wellness industry.

1. “This space is huge and literally a revolution is needed in every aspect of it. But that doesn’t mean all the problems will be solved by a single company. For newer companies, they should identify the problem they are looking to solve, give it their best shot and come up with a solution that can be applied at scale,” said Utsav Somani, Angel Investor.

2. “It’s important to understand the business very well. Each industry has its own unique challenges, historical ways of looking and doing things, and as with any business, it’s important to respect the way people in the industry work,” suggested Sudheer Koneru, CEO, Zenoti.

3. “Understanding the market and how your users think offline before you attempt to bring them online is crucial. If you haven’t identified the problem correctly, it could hinder your growth prospects,” said Dikshant Dave, Founder & CEO, CureJoy.

4. “Understanding the market and how your users think offline before you attempt to bring them online is crucial. If you haven’t identified the problem correctly, it could hinder your growth prospects,” opined Prasanjeet Roy, Co-Founder, Dubai-based glam-tech startup Mazkara.com.

5. “Be creative, live in the future, analyze the markets and identify the causes of a problem in order to solve them,” added Vipin Pathak, Co-Founder of Care24.

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