How Did This IIM Dropout Build A ₹1,300 Crore Business? | Ep 12

[@nithink4354]

When he said "he wanted his school friends to invest and be part of success." Love it. True man.

[@manifestabundance-pu6ex]

Good on him But i would never do so COZ THESE SO CALLED BASTARDS SCHOOL FRIENDS WERE NOT THERE FOR HIM WHEN HE NEEDED THEM THE MOST

[@nicholaslinetti]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains.

[@demetriussullivan4088]

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields

[@KarenOpenda]

Amazing. It gets quite difficult to handle all of this, and staying informed is a major cause, how do you go about this are you a pro investor?

[@demetriussullivan4088]

Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth in the past two quarters.

[@demetriussullivan4088]

This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets.

[@HHACKLAND]

I’m intrigued by your progress. Could you share some insights into your investment strategy or perhaps recommend any specific resources or mentors that have led to your success.

[@chandraprabhubirnale4495]

I have been using souled store products for 4+ years now probably. The product line still today looks fresh and appealing. They have maintained their quality of products, that’s what I like. TSS boxers have lasted me more than my jockey & other branded ones😅. So do all the t-shirts. Got my first marvel & DC merch clothes from TSS. Keep up the good work!!

[@financewithsharan]

Amazing 🤩

[@Casey-summer]

Investing in the stock market has HISTORICALLY provided higher returns than other forms of investment. According to Morningstar, the average annual return for the S&P 500 index, which measures the performance of 500 large-cap stocks, was approximately 10% from 1926 to 2020.

[@mellon-wrigley3]

Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over $610k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.

[@disney-hefner]

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since August last year, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

[@lilyhershey1]

​ *@sofiakhalidda* I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

[@disney-hefner]

Gertrude Margaret Quinto, is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@lilyhershey1]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@cosmic_trader23]

One day I will sit in such a show.

[@Rashmika20]

all the best 👍

[@financewithsharan]

Love this

[@seasonalboy]

Fr I'm 15 and my urge to earn money is just crazy rn, even if it's a $ I'm down

[@Afzal3000]

They don't have audience

[@darkknightopgaming8868]

Respect

[@surajmarchande95]

Oh my god...This was full of surpris that when your see your known one is giving interview...in 2018 I was working with Souled Store..I knew Vedang and other founders too..They all are very nice Rohin, Ashish and Lal...Loved to see that Vedang is here on your show Sharan...The Souled Army 🔥 Still love the company..Lots of love...more to go ✨ TSS ✨

[@RheaPatranabis]

Vedang seems like a down to earth and genuine guy. Great podcast

[@rabiulyt21224]

he got no ego when the guy askedd what cars he drive(bcz he knows the wisdom of showoff standard vs actual value) and also home....

[@deekshithmedikurthi2925]

Glad to live in the internet era. I had no idea that a store like this existed in the first place and this podcast popped up in my feed.

[@nickjones2813]

Sharan, loved the way you asked several questions back to back, this is what we want to hear, continue these podcasts you have a lot of listeners

[@CodingMode]

He was earning 1 lakh/month and only had 1.75 thousand family income to start business. Inspirational story 🎉

[@asadkhan-bz5mm]

175k

[@kinnormajumder9747]

You can get a 5L personal loan very easily!

[@Catnidhi]

Something is not adding up.

[@notyourharoon]

I am 34 and officialy broke right now never been passionate about my life and future but saying this for the first time in the next one year i will be rich and famous and will make myself proud .

[@revatisugumaran]

Thanks for such an inspiring interview. Sharan u are doing a great job man!

[@rajeshkamath822000]

Sharan is probably the best "question asker" on youtube..

[@Gen..z]

Agreed

[@neelgowariker6456]

You're kidding right?

[@arijit1809]

I hope this is sarcasm

[@KG-ho7bj]

Humble request: please never interrupt a guest they are sometimes adding more to explain to be interrupted by another question 😢

[@yogeshthaker9742]

Seems to be a trend among the interviewers in India . They interrogate rather than interview

[@bckadwasach902]

Sach me. Kitna beech me toka taki karye hain yaar

[@AlexDesignStore6]

Exactly, I was about to say the same thing, he was giving lots of valuable information and you jump in asking ridiculous questions like what kind of car he owns?, did he brought a house?, cost of his expensive bike?, please don't do that we are watching these videos because we want to learn something, it doesn't matter how he spends it. HE EARNED IT.

[@devanshgarg31]

"When stupid decisions work out, you look like a genius " But you gotta understand, you need to take 80 good decisions and 20 stupid decisions in life

[@dkq986]

Nope... Only 1 stupid decision and rest all should be calculated.

[@sports-pirate]

for that u need to be brave

[@docshah8730]

Got their first tshirt back in 2014 at kala ghoda art festival. Was impressed with the quality , bought 3. Till date they are in great shape but once they started expanding the brand as with any other brand the quality and the gsm decreased. Although the new styles are pretty durable as well but back then it was a different feel.

[@nait1291]

Sharan never fails to keep us fin-ducate!! Looking wow in white tshirt 🥶❤️

[@financewithsharan]

Thank you 😊

[@alexselvanathan]

Man sharan, you're a youtube genius. You know how to hold your audience till the end. The interesting questions you asked in the first 1 minute made me stay for the whole video. Also it was not just a talky talky video, but you included graphical content too to engage viewers. Great job.

[@vka5467]

Good one Sharan..kudos.. just a suggestion.. you are interrupting too often.. The flow is getting disturbed.. if you can listen, pause and allow the guest to speak more than you.. this good podcast becomes great.. Thanks for understanding..

[@drsandhyaiyer8346]

If I have twenty apparel in my wardrobe, 18 are from souled store. They are indeed good in what they do .

[@IronMan-471]

Only one request itne chote videos mat banao, ese 1.5 - 2 hours ke podcast karo, hame bohot kuch sikhne ko milta hai I hope you will make ❤

[@harshsorout6]

all questions are making him sweat ...he answered all well also.. ...really very good podcast interview

[@priyanshumodi7198]

I am in love with this man Sharan his podcast are 1000X better i am ready to pay for the podcast if he prices it...

[@RRR18_333]

ಶರಣ್ ಗೆ ಶರಣು 🙏 for this time saving session by asking them how they exactly they spend to start, capital everything to start their Dream in this short session.

[@nagangks7486]

My son's are buying dresses from soul store 😍,You are introducing many new faces.

[@AdilKhan-kb3gf]

Thoroughly enjoyed this video. Keep it up!

[@kongo295]

Watching this and just realised I’m wearing a souled store t shirt haha. Cheers to the team. I love their stuff 😊

[@dhawanshri]

Really informative.. on a lighter side, it was more of - questions thrown like bullets than a discussion/interview 😄

[@shwetajoshi9780]

So simple and so insightful...what a guest !!thanks !

[@bhawnaagarwal5335]

Proud to be a fellow TVite!!!!

[@mantyalok9821]

Congratulations for 3 million subscribers 🎉🎉🎉

[@syamkumar4506]

Really good interaction from both way.And mae him in detail is good thing

[@roh_it]

All my T - Shirts are from The Souled Store!! Love the designs!! 🤩🤩🥳🥳

[@pranaykhandelwal5755]

These poscasts are way better than the reels!!

[@sundarrajan581]

Love the Naruto Tee you're wearing Sharan!

[@Abdush_]

Sharan bhai you sometimes interrupt the guest alot. Let them speak and complete. (just a free friendly advise)

[@rajeshr4510]

Such an inspiring interview 👏 thank you for conducting this kind of interview and I expect like this

[@lamgoumangchongloi5344]

The fact that its in English i really learn from your show. 👍

[@siddhikaria1619]

Loved it!

[@dramascamp9719]

Just now subscribed to this chanel after seeing how much detailed information ur asking from him for us....love u sharan.....❤❤❤❤

[@Daily.youtube7]

Thank you for the inspiration abb market me milte hai 🥂

[@deepeshsao1008]

Feel super happy for these young lads managed to get sucrss so early and he wish to share the wealth journey with his mates. 🙌🤞👍🙏

[@ntrelectricmotorsdavangere1255]

Good video shoot . Your voice superb. Expect some more videos young age entrepreneurs . I am 52 but being with 25 age entrepreneurs me crazy.❤

[@vempatiashwin7123]

Mechanical Engineer's have 🔥 and thy r multi tasking attitude and good entrepreneur skills....... mechanical's are fire

[@roshanl]

What a great guy ! Superb interview Sharan

[@mforbes4574]

So Straight... Love it

[@shreeramhegade9008]

Very fast way of questioning. Glad that he answered all very well. Don't think anyone would usually yell out their financials so easily. And the ending looked a little abrupt, you should have thanked him at least. But good conversation, I learnt something new.

[@nasrkhan7280]

I follow my brother.. Finance with Sharan. ❤u brother. Stay blessed ✌️

[@purvapalimkar3376]

Sharan, you are truly one of the best financial advisors today, no doubt about that. However, I feel you could be a bit more patient and soft when asking questions to your guest. The other person gave some really great answers, but it was noticeable that the guest seemed a bit uncomfortable due to hurry while responding. Just a suggestion, the universe gives you more when you are in receiving mode, which you achieve by relaxing, breathing, and practicing meditation. Stay calm and trust the process. You’ve got this. Overall it was very good podcast. 😇

[@ARES-qo2yl]

wow Soul Store and Sharan 😍😍🥳

[@pradeepk3048]

Bro I just bought tshirt from there website after seeing the podcast i even didn't known there is some websites like this for pop culture love it man thanks for getting guest like him ❤❤😊

[@samarthsrivastava2416]

Loved this video! I love wearing souled store, have been a huge fan of the brand!

[@please.chriss]

loved it sharan thankyou 🔥

[@ranitpaul3353]

Nice collaboration, it's great to see the icons of this generation comes together for everyone to learn from them through QnAs, really helpful content appreciate it 😊

[@angelinasaradan]

Great interview 👏

[@hesh2892]

Very good interview Sharan. But for your videos, We would never have known about such Indian success stories of today😮 souled store 👍

[@viveknxgn2]

very interesting and inspiring story guys

[@kartikking7]

The last line was so meaningful and I feel it

[@arjunjoy3007]

He is so humble 🍀

[@sahilverma3397]

🎯 Key Takeaways for quick navigation: 00:11 💰 *Vedang Patel, co-founder of Soul Store, discusses his net worth and how most of it is tied to his company, with a recent transaction valuing the company at over 12,300 crores.* 00:40 🎓 *Vedang Patel studied mechanical engineering before venturing into the world of business, demonstrating that your educational background doesn't necessarily determine your career path.* 01:04 💼 *Vedang shares his initial salary of 16,000 rupees per month in 2011, which eventually increased to well above a lakh per month within two years. However, he didn't find it challenging and decided to pursue his passion.* 02:00 🚫 *Vedang had the opportunity to join an IIM but chose not to, a decision that was met with skepticism from his family. He had an "aha" moment and decided to follow his passion for pop culture instead.* 02:43 💡 *Vedang and his co-founders started Soul Store with just 1.75 lakhs in savings and a cupboard of T-shirts. They printed funny slogans they believed would sell.* 03:11 🏡 *Vedang's family supported his venture by contributing to the initial capital, showing the importance of family support when pursuing entrepreneurial dreams.* 03:39 🤝 *Vedang and his co-founders initially started with three members, and the fourth joined later. They ventured into the business of selling T-shirts online in 2013.* 04:07 💻 *The founders initially sourced ready-made T-shirts from vendors and printed their own designs on them to start their business.* 05:27 📈 *In the early months, Soul Store sold approximately 20,000 to 30,000 rupees worth of T-shirts, primarily to friends and family, highlighting the challenges of early-stage business growth.* 06:08 💡 *Vedang shared how he managed his personal expenses while building the business by teaching math and stats at HR College of Commerce, earning 500 rupees per hour.* 07:47 📈 *After a year, Soul Store reached a significant milestone when they could afford to pay themselves a salary of 10,000 rupees per month, showcasing the company's growth and financial stability.* 09:12 🎮 *Obtaining licenses for popular brands like Big Bang Theory and Friends played a crucial role in Soul Store's success. They redesigned products and added personalized touches that delighted customers and impressed licensors.* 10:33 💼 *Vedang emphasized the importance of customer retention in addition to customer acquisition, highlighting that the real difference in business success lies in marketing and customer satisfaction.* 12:37 📊 *Vedang discussed the company's valuation, growth, and funding rounds, illustrating how they raised initial capital and expanded the business over the years.* 14:00 🛒 *Vedang shared his vision for Soul Store to become the lifestyle destination for casual wear, offering a wide range of products, including sneakers and underwear.* 15:10 🏡 *Vedang talked about his financial choices, including renting a house instead of buying one, emphasizing that owning a house might not always be the best financial decision.* 17:33 💰 *Vedang mentioned his investment strategy, including putting lump sum amounts into debt and systematically investing his salary while sparing a little for personal expenses.* 19:10 💪 *Vedang encouraged patience and resilience in the pursuit of success, emphasizing that success often involves factors beyond one's control and that it's essential to stay focused on long-term goals.* Made with HARPA AI

[@kathiresank2436]

❤❤

[@ArupBhanja]

Absolutely agree that there are exogenous variables that don't show up in your Excel.

[@ahamedjameel8480]

Amazing video.

[@srinikethb4311]

Unrelated.. But the Naruto T-shirt rocks!🤘

[@frugaleconomist99999]

Another good one. Awesome takeaway lessons. Thankyou Sharan & team. Keep bringing more such podcasts which is quite informative for yet to become entrepreneurs.

[@v2official-qd1mb]

Good session sharan ❤

[@speakes_her_mind]

Mangalorean English hits the sweet spot 😁❤

[@GopiKrishna-j2u]

Very informative

[@manifestabundance-pu6ex]

I NEVER HEARD OF THIS BUSINESS WILL HAVE TO CHECK

[@StockTalks99]

Wouldve enjoyed the full uncut version of this. I loved the whole convo, but sometimes the dots wernt connecting becoz of these cuts

[@mohan7642]

Sharn you are bang on bro.. appreciate ..ಸೂಪರ್ ಬ್ರೋ ನೀವು , ಸಕತ್ ಕಿಲಾಡಿ ಇದ್ದೀಯ... ನೀವು ಉತ್ತಮ ಹಣಕಾಸು ಸಲಹೆಗಾರ.... But BTW Vedang if you are not comfortable in sharing your earnings and spending, then don't come to the show. You were feeling very uncomfortable in revealing any number properly. Dont come here to market your brand.

[@NikhilRevz]

Inspiration 💥

[@deejoetc]

Sharan be like 'How much, how much, how much?'😂 Kitna Paisa hai bolo😂

[@eeshithaprasuna8144]

this host reminds me of my school principal, sitting back and scaring students by asking questions in an intimidated way

[@Ankit-iy1od]

Such a humble guy

[@balasubramaniam6151]

Is there a PART 2 ? Feels like video is incomplete.

[@nagnathkanade8878]

This podcast is very good questions are informative for beginners

[@MuhammadTalhaEhsan]

Amazing... Din bana dia

[@bharsanta5029]

Wonderful podcast.. and awesome! You are asking the right questions .. and he was okay to answer everything honestly..As such.., for the company.., can see the delight in him.. enjoying and celebrating what he does.. surely.., that excitement.., passion n customer satisfaction is the cause of success of the brand.. Thanks a lot Sharan for doing this..👍🙏🙏best wishes!!both of you

[@nusratjahanahmad]

Great Conversation! Just Love This - Thanks A Lot 😊❤!

[@mohdimtiyaz6583]

Your tone should be based on the guest's tone, it felt like rapid fire Q&A, let him tell the story and not interrupt with back to back questions, I mean even when he was telling a story you asked about the price of the bike and then asked about the car.

[@shashankhebbal-gh8zp]

hey Sharan can you make a video on how to start your own private ltd company?

[@vaibhavshinde6419]

Hi Sharan, Before they go for IPO, I wish to invest small amount from my side..Let me know how I can do that.. Looking this for investment purpose.

[@sehrishkhan384]

Sharan can you invite a fashion designer like Sabya, Manish Arora, Abu Jani or anyone more in fashion industry. For us to know more about how to enter fashion business and if this industry has growth.

[@financewithsharan]

Someone in the pipeline from the fashion industry ! Stay tuned 🎉

[@Prabus1998]

Worth watching

[@s.k.gangwar8080]

Sharan bhai aap bahut hi informative videos banate h please agar possible ho sake to aap subtitles hindi language mai rakhiyega jisse ki English language knowledge k beech mai Rukabat na bane aur isse aapke views bhi badenge aur UP Bihar k bahut saare bhai jo meri tarah English thodi kam samjh paate h unhe bhi aapke content ka fayada mil payega.🙏🙏

[@rahulbhan8842]

Business is like a labyrinth for me

[@shobhalvenkatesha2727]

You seems to be interrogating him Sharan, the conversation could be better.

[@purvapalimkar3376]

Agreed!

[@Happyboi16]

What a coincidence my souledstore sweatshirt just arrived today lol

[@growwithunique]

Sharan broh! The background of the videos feels empty. Fill it with proper decoratives. Also the camera lens feel not complete. So camera need to be updated to bring cinematic look.

[@JoelMadthaShow]

Sharan, I appreciate the effort you put into creating valuable content. However, I wanted to share some constructive feedback regarding your interviewing style. While the content itself is good, I believe there is an opportunity to enhance the overall experience for our international audience. It would be beneficial to approach interviews with a greater sense of empathy and friendliness, ensuring that they feel more like pleasant and insightful conversations rather than formal interrogations. This adjustment will help us create a positive and inspiring representation that resonates well with our viewers.

[@multiverseofarj8348]

Sharan bhai is smart KZbinr 🔥🫡🕺

[@mattasaikiran4812]

A Mechanical graduate, who is working in the Software industry watching a podcast hosted by a Mechanical graduate who is working in the Finance industry with a Mechanical graduate who is a business man. 😅😅😅

[@idrisahmed2659]

Mech and civil can literally go into any field except maybe medicine ....they just keep doing multiple things....core branches waalo me thoda junoon alag hota hai

[@nirk1234]

Dude Sharan. The interview will be better if you let them talk fully what they are having in their mind and what they want to talk. You are cutting them when they are about to tell something. Just a feedback. You are doing great though.

[@sridharnaik9769]

Mechanical engineering butten ❤

[@NT24077]

Vedang is super smart

[@_iam_atul]

I bought that Friends tshirt "One with all the episodes" .

[@Wisdom_Novelty]

A little sad mechanical engineer transitioning into other sector/fields but also at that time we don't know what to do and which career path to focus. But ultimately a career in which your soul is in has to be done whether its profitable or not, sucess isn't a stop its a journey...

[@diprajdeb7]

Networth 350 cr. Car- kia seltos We networth 0 bike - 3lakhs, That's the difference 😢

[@divyanshnanda3523]

He used to earn 1L pm at Tresvista and had a family total bank bal. Of 1.75L. ???? Regardless.. being fan of Souled Store and its story!

[@vishnuteja9823]

Sharan is more enthusiastic than us

[@abhilashsharma827]

Hey Sharan - Nice one. But, not sure if it's me the way you ask questions is like that strict interviewer :-)