Poor finance management is one of the top 3 reasons startups fail in India.

As an early-stage startup, the role of the founders becomes all the more crucial to maintain financial stability in their startup.

In this episode of The Hustle Lounge, we interact with the Founder and Director of Vanity Cube - India’s larger mobile salon! A lot of entrepreneurs feel women aren’t good with money, Renu a true blue hustler just busted that myth.

This is one true hustle you cannot afford to miss!

Welcome to a brand new segment by Socially Desi.

This is the Hustle Lounge!

Hustle Lounge aims at showcasing stories of entrepreneurs across the world. The idea is to bring narratives that speak of real hustles that every founder has to go through to start and run one’s business.

Thank you everyone for tuning in - expect life lessons, hacks, and some real learnings and stories of entrepreneurs across the world.

Check out Vanity Cube

PODCAST CHAPTERS:

0:00 Intro

2:00 How did you decide on your seed investment amount how long did it last?

6:12 Was there ever a runway scare situation? What was it and how was it averted?

10:21 Strategies to avoid a runway scare

15:19 Was there a specific valuation target you had before you embarked on raising funds?

18:16 Is there a magic metric to convince investors about the viability of an early-stage startup?

22:15 How to handle rejections?

25:19 Two mistakes you did or things you missed which you would advise other entrepreneurs to never lose focus on?

28:57 Key Takeaways

30:50 Closing thoughts

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Till then, Keep Hustling!