For me money means a lot not because I need the whole money for my own pocket or bank account BUT because I need to pay every person, every vendor, every supplier in my team on time, that is actually the basic need of every human being other than air, water & food
Why I shifted myself back to Amritsar while still my business is in Jaipur too?
As a startup, after 1 year In 2015 we tried for VC funding(Venture Capital) & were supposed to get 4Cr from Rajasthan Venture Capital fund.
We hired an expert in our team, she was expat from Singapore. Everything was going as per plan and was on dot… But at the last moment we were refused fund because I being a founder belonged to Amritsar & we were having our home & immovable assets in Punjab only.
Our businesses were growing there also but we needed funds to maintain the momentum
Papaji then our Senior Director tried a lot to sell off our properties in Amritsar but we were not getting any of the good prices because we needed it more quickly to show on books with VC with whom also the funds were limited and it was huge competition among those who applied for it.
I remember the days I had to miss many team mates, to many i referred another of my known companies and to many we agreed to get the work from them on part time basis.
A senior guy was very helpful in setting up things for us in Amritsar, in our team came along with us who belonged to Varanasi, (got another good opportunity & now works at a good position in Noida)
I have been even with wet eyes for days and nights…Missing people who became just like my own family
Sacrifices is another name of Startups, some sacrificed for me & I sacrificed for some.
Coming back to Amritsar, Best People I have loosed by now, now only their memories are with me:
My Pet Rusty
My cousin Sumeer(Tinku) who gave us his project immediately when we came back to Amritsar
My chachi ji who usually came to us at our home asking me every time about the status of my company
Sunil uncle ji – (money lender) – to whom I went many times for 1 or 2 lakh whenever i was in short of money
Our first local client from Jaipur Verma ji of Sunrays Energies who left us due to covid-19
But Coming here to Amritsar has been beneficial so far in financial matters because every bank is ready to fund us as we have our parental properties here
Few management people and technical alliances still work from Jaipur to give us backup of work every time, Expanded our working members and teams to Lucknow, Indore, Chandigarh also
From the VC refusal I learnt that
One thing for sure… that everything is not sure
It is only the efforts in our hands, we can forecast many financial figures, project plans BUT 100% is never in our hands
I hope you enjoy reading
Please God bless us all
Om Sai Ram 🙏
Mudiit Gupta
P.s : Missing my father in law Shri Tilak Raj Ji ( whom we still do not believe that has left us in Covid-19)
