" Track Profits, Capital & Cash ", Vineeta Singh advices to Startups

By Team Startupcity  |  Friday, 29 March 2024, 08:47 IST

Starting from the beginning of Shark Tank India, Vineeta Singh, Indian Entrepreneur, Investor & CEO of Sugar Cosmetics has been a famous figure among the sharks. 
In Shark Tank India Season 3, sharing insights on how can a new entrepreneur start their own business with little capital, Vineeta says, “When I started my firm approximately 16 years ago, there was literally only 10,000. Therefore, there is no such minimum amount. However, there is a great deal of struggle”.
Also she added, “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”.
Furthermore she added, “And I’ve seen numerous businesses on Shark Tank that have built empires worth 100 crores from 5000, 10,000, and 20,000. However, you must monitor not only your profits but also track your working capital & cash flow. Because if you don’t have any money to begin with, cash will be your queen”
As a successful finance director, she has put resources into various new businesses as well as assumed a significant part in sustaining and growing other business visionaries’ endeavours. 
With her abundance of involvement and ability, a prominent Women Investor in India, Vineeta stays committed to giving priceless direction and granting astuteness yearning for business people, working with their excursion towards building flourishing and beneficial organizations. 

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