Great Companies: How did you get your idea or concept for the business?
Krishnna Tickare: Starting a business can be a daunting task, and many entrepreneurs find themselves struggling due to a lack of knowledge and experience. The result? Losses, financial strain, and endless frustration. But fear not, because this is where we come in. We see this as an opportunity to help entrepreneurs and businesses reach new heights of success. Let's work together to transform struggling businesses into thriving ones and make a meaningful impact on the lives of entrepreneurs and their families.
Great Companies: What are the various services provided by Mindset Mentor
Krishnna Tickare: WMindset Mentor provides a range of services to support entrepreneurs, including business management training, asset vs liability training, finance management, team training, productivity and profit enhancement, business valuation improvement, mergers and acquisitions, and work-life balance training.
Great Companies: What makes Mindset Mentor different from hundreds of other similar service providers?
Krishnna Tickare: What sets Mindset Mentor apart from other service providers is our extensive experience working on the shop floor of manufacturing businesses, our firsthand experience as entrepreneurs, and our collaboration with CFA and mentors. We offer unique insights and practical advice based on our years of experience, failures, and struggles, providing entrepreneurs with the tools they need to grow their businesses and improve their quality of life.
Great Companies: What were the struggles and challenges you faced and how did you overcome them?
Krishnna Tickare: As an engineer and entrepreneur, I faced numerous struggles and challenges that taught me valuable lessons and skills. One of the significant challenges I faced was a lack of funds, which made it difficult to pay my team and invest in the necessary machinery. I also struggled to find the right partners who could provide the support I needed to grow my businesses.
Another challenge was a lack of knowledge about banking and managing a business, which made it difficult to secure loans and manage finances effectively. This lack of knowledge and experience led to difficult situations, such as not knowing how to deal with corporate clients who did not pay on time or left me with liabilities on my head. However, I turned these struggles into opportunities to learn and grow. I attended various trainings, interviewed successful entrepreneurs, and gained new skills and insights. Each failure taught me invaluable lessons and helped me develop decision-making and problem-solving skills that I now use to help other entrepreneurs avoid making the same mistakes.
Through my experiences, I now offer a unique perspective and practical advice to support entrepreneurs in managing their businesses effectively and achieving their goals.
Great Companies: How do you plan to grow in the future? What does 5 years down the line look like for Mindset Mentor?
Krishnna Tickare: Our goal for the future is to train and develop 100,000 entrepreneurs in India and become an established brand to serve them. We also plan to expand our services by creating a group of companies involved in various fields. Five years down the line, we envision Mindset Mentor as a leading provider of comprehensive and practical training solutions for entrepreneurs across the World.
Great Companies: If you had one piece of advice to someone just starting out, what would it be?
Krishnna Tickare: My one piece of advice to someone just starting out would be to find a mentor or coach who can bring out the best in you and help you reach your fullest potential. Having the right guidance and support can make all the difference in your entrepreneurial journey.
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