Entrepreneurship

Aman Gupta shares his entrepreneurial journey on Shark Tank India, says he failed 6 times before building a ship

Talking to a Shark Tank India contestant who talked about his failed businesses, Aman Gupta said that 6 of his startups failed before he built a boating brand.

Sneha Saha

New Delhi,UPDATED: 11 January 2023 23:31 IST

By Sneha Saha: Shark Tank India Season 2 is streaming on Sony LIV platform. The second season of Shark Tank India is gaining popularity due to the interesting topics the Sharks get from all kinds of industries including tech, medical, personal care and many more. The judges of the season are — Anupam Mittal, Vineeta Singh, Peyush Bansal, Namita Thapar and Aman Gupta. On various occasions, the judges of this season of Shark Tank India have seen the Sharks share their personal life story on national television. During one of the latest episodes, BoAt co-founder Aman Gupta is seen sharing his entrepreneurial journey and says that there have been a lot of tough times.

Speaking to a Shark Tank India contestant who talked about his failed businesses, Gupta said that 6 of his startups failed before he built a boating brand. The story encouraged the contestant to restart after facing entrepreneurial failure. After the episode aired, Gupta took to Twitter and wrote, “We all face downs in life. I’ve been down there too, more times than you can imagine. But when you hit rock bottom, there’s only one way out – up. Keep trying, the day you stop trying is the day you fail. Inspired by the spirit of such entrepreneurs and people with such spirit.”

Well, this isn’t the first time Gupta has encouraged a pitcher on Shark Tank India. During another recent episode, the BoAt co-founder was seen encouraging the pitcher to get a job and restart his failed business once he gets the money. That gave Flaheads founder Ganesh Balkrishnan, an IIT and IIM student, the courage to turn down the Shark Tank offer and take a corporate job to learn the basics of running a successful business. During that particular episode, the ship’s founder said, “There’s no shame in looking for a job. When my jobs didn’t work out, I took a job, saved my money, and figured out a new job.” After the episode aired on television, Balkrishnan received a huge response from consumers and his entire inventory was sold out in 2 days.

Encouraging entrepreneurs who fail in business, Gupta wrote on Liked: “#DownnButNotOut”. “During the Flaheads pitch, I could see myself in Ganesh Balakrishnan. Since I was able to hang out with him so much, I didn’t shy away from speaking my mind and told him to do what I would have done if I were in his place – to start over. It was tough feedback and it takes real character to take it when someone tells you to stop what you’re doing and start over. And on top of that, it takes real courage to say no to a great funding offer on national TV to reboot and recalibrate. I hope they move on to something huge soon. Much respect and will be back with a bang,” Gupta’s LinkedIn post said.

Sharing his entrepreneurial journey, Gupta further wrote, “When I was on my entrepreneurial journey, I started once but started again 5 times. I went into the corporate world and then went back to entrepreneurship. While my story now makes a great story after being somewhat successful, when you experience setbacks, it’s upsetting.”

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