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Pranav Arora, Entrepreneur Running Multi-Million Dollar

Pranav Arora, Entrepreneur Running Multi-Million Dollar Businesses And Here’s How You Can Too!

Never give up on your dreams! That’s the mantra Pranav Arora, CEO of Stunned Mind, has been following since he started his business. He is an investor, venture capitalist, speaker, and philanthropist.

Pranav Arora has been an avid entrepreneur his entire life, with dozens of successful businesses under his belt and millions of dollars in revenue. He is the CEO of Stunned Mind, Chairman of JMTD Holding, COO of DeciphAR, and more.

Stunned Mind: For quirky pop culture gifts and gadgets, Stunned Mind is the one-stop e-commerce. It’s one of the largest online retailers providing top-quality merchandise and free shipping on all orders of over $50.

JMTD Holding: JMTD Holding is one of the top private equity firms which has helped numerous e-commerce companies, retailers, and consumers to succeed. With the funding of JMTD, multiple companies have increased their employment rate and been able to boost productivity.

DeciphAR: DeciphAR is an innovative platform that creates augmented reality products so that customers can turn fantasy into reality. The app provides a real-world experience that allows licensing partners to connect with customers, build trusted relationships and increase client retention.

When you’re starting a business, it’s important to focus on solving one problem at a time. Don’t try to boil the ocean. Figure out what your potential customers need and give them that. Once you’ve established yourself in that market, you can move on to solving another problem.

Pranav wasn’t afraid to start his own business. In fact, he was so excited to get started that he didn’t even have a business plan. He just knew he wanted to help people by providing them with valuable products and services. And so far, it’s paid off. His company, Stunned Mind, is now one of the most popular pop culture gifts and gadgets sites on the internet.

The difference between a business that makes $1 million and one that doesn’t is the vision of the founder. When you’re starting out, it’s easy to get caught up in the details of how you’re going to make your vision a reality. But if you want to build a successful business, it’s important to keep your eye on the prize.

Before you can make money, you need to have a product or service that people want to buy. You also need to determine how much to charge for your product or service. If you want to build a million-dollar business, you need to make sure that your product is top-notch and that you’re charging enough for it.

Another important thing is to give up control and let go of the reins. You can’t do everything yourself and you have to be okay with that. Hire people who are smarter than you and trust them to do their job. Let go of the need to micromanage every single aspect of your business. Delegate, delegate, delegate!

Conclusion:

When you’re trying to build a million-dollar business, there will be roadblocks. You will make mistakes. You will face rejection. But don’t give up! Remember why you started down this path in the first place, and keep moving forward. Every step you take gets you closer to your goal.

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How to Finance the Organic Growth of Your Business

Every successful business has to finance its growth, irrespective of the profits that the business generates. When a business finally reaches the growth stage in their cycle, they will have to deal with a plethora of different issues such as a higher requirement of output. Most small businesses are operating at their full capacity and they require more resources to increase their output. At this point, the venture owner will have to decide if they want to continue operating at its current level or to finance their organic growth and secure the business from every aspect. 

However, most small business owners are self-financed so these hard-working individuals fuel their business using personal savings and loans from family or friends. The initial cost of the venture is completely shouldered by the owner and it takes a lot of effort to finally break even and start to channel profits accordingly. So financing the growth may further burden the owner of the venture with more costs. Rest assured, there are many different ways which a business can finance their growth effectively. 

Evaluate the current profit margin 

You should start by evaluating the ratio of profits, which is reinvested in the business. If you believe that the current ratio is fair with respect to stakeholders then you can put a cap margin to finance the growth. Set a meeting with all of your stakeholders and explain why profits distribution will be reduced for a certain period. Clearly convey why a higher margin of the profits are being used to finance the growth. If this meeting is successful, you might be able to self-finance this growth at a slow pace. 

Contact a venture capitalist 

If you believe that your current profits are not enough to finance the growth then you should consider contacting a renowned venture capitalist in order to obtain funds. A renowned venture capitalist, such as Pranav Arora, will help provide you with the required finance. Pranav Arora is an Indian – American entrepreneur who has generated huge profits as a venture capitalist. 

These individuals provide small businesses and startups with funds to fuel their growth, in return they might request for a certain percentage of equity or a percentage on profits. Finding the right venture capitalist is very important as you should only conclude a deal which does cause you trouble in the end. The venture capitalist will share the risk of your growth which dispersers your life liability and maintain your creditors. 

Focus on increasing your production 

This is the perfect way to finance your organic growth as you have a higher chance of meeting demands and your costs will reduce. With each unit produced, the overall cost is reduced by a certain margin; you should focus on meeting that point in order to secure the sustained future of your business. 

Make sure you take this stage of your business cycle very seriously as it has the potential of dictating the future operation of your business. Mistakes during this crucial period can seriously harm your business.

About Pranav:

Pranav Arora is a successful Entrepreneur, Investor, and Venture Capitalist.

From an early age, Pranav Arora has proven himself to be an entrepreneur at heart. Starting his first million-dollar business at just 16 years old Pranav has proven himself to have the drive, passion, and a keen skillset to being successful within the world of business.

From spearheading multi-million-dollar companies, to shaking up the world of investments, and even devoting time to philanthropy, Pranav Arora is making an immense impact on the world. While his accomplishments would be impressive at any age, Pranav has been able to do all of this well before his 30th birthday and his influence only continues to grow.

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How to Attract Capital For Your Company

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The vast majority of entrepreneur projects face a common problem: getting financing.

Attracting capital is one of the most complicated tasks because even though the ideas themselves can be attractive and offer great possibilities for commercial success, convincing the venture capital firms of this is a great challenge that many cannot overcome. Pranav Arora, a reputable venture capitalist, has been working as the Chairman of Just Funky Foundation for several years. He is also the Chairman of the BoD of JMTD Holdings, an asset management firm. Having invested in several businesses, Pranav knows just what entrepreneurs need to attract capital to their company.

Here are a few basic tips that can make the process of attracting capital to your venture less complicated. With these tips, you can eliminate very simple errors that most companies make when pitching their idea to venture capitalists.

Investigate investors and similar ventures

One of the basic tips is to know which company, investment fund or even financial institution may be interested in the project. This is basic, since not all those who can contribute seed capital are betting on the specific sector and might not even be interested in your venture.

Thus, the ideal is to make an analysis of what type of investor would be interested in the project, know how many venture capital funds are supporting similar work with the specific characteristics that are being contemplated and focus on presenting initial proposals as well as you can.

Another point to attract capital to your venture is to know if the investor has already supported a similar project and if it is a direct competition of the ones you are developing.

Eliminate all doubt and negative response for investors

Another very useful advice is to make a very detailed analysis of the project and determine the strengths and weaknesses that can become allies or enemies when it comes to presenting the business plan.

The project will go through many exhaustive reviews, with very intense controls and any doubt that may arise for investors who do not find solid and convincing answers will be factors that play against the project.

For many experts, the basic questions planted by investors are: Will it work? Can I make a profit? And is it worth it? However, you must take care of these details, however minimal it may seem and eliminate all traces of doubt, so you must be prepared to answer any type of question, from the questions about the product or service to the market projections.

This streamlines processes, increases investor confidence and finally gives added value to the product, since not only is a solid project being presented, but it also speaks of the degree of commitment and the high level of professionalism of the people who make it.

At the end of the day, it’s all about presenting something that helps solve a problem. If you offer quality products to an investor, they are going to pounce on it!

About Pranav:

Pranav Arora is a successful Entrepreneur, Investor, and Venture Capitalist.

From an early age, Pranav Arora has proven himself to be an entrepreneur at heart. Starting his first million-dollar business at just 16 years old Pranav has proven himself to have the drive, passion, and a keen skillset to being successful within the world of business.

From spearheading multi-million-dollar companies, to shaking up the world of investments, and even devoting time to philanthropy, Pranav Arora is making an immense impact on the world. While his accomplishments would be impressive at any age, Pranav has been able to do all of this well before his 30th birthday and his influence only continues to grow.

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Average Retirement Savings By Age: Are You Normal?

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There is a lot of confusion around retirement, and particularly recommended retirement savings by age. How much should you have saved by age? And how much do you need in retirement?

Did you know the #1 method people use to estimate how much money they need for retirement is guessing? (According to a study done by the Transamerica Center for Retirement Studies.)

Crazy! We can do better than that.

Jump ahead to

Simple Method to Calculate Recommended Retirement Savings by Age

While not perfect, Fidelity came out with a simple formula to calculate how much you need to retire, and how much you should have saved by age for retirement. If you are the typical household making around the median wage and plan to retire at the normal retirement age, then this simplified rule of thumb is a good place to start (certainly better than guessing!)

How Much Do I Need To Retire?

Fidelity’s calculations take into account assumptions such as how much of your income will be replaced by social security, the age you retire, and estimated investment returns.

  • If you plan to retire at the full retirement age of 67 (as currently defined), you should have 10X your income saved.

  • If you plan to retire at 65, you should have 12X your income saved (to compensate for a lower social security payout).

  • If you plan to retire at 70, you should have 8X your income saved (because of the higher social security benefit).

Of course there are a lot of assumptions involved, but as a rule of thumb, it is a great place to start. Most people do not drastically alter their lifestyle after retirement, so basing it on your income is a reasonable assumption. And this method gives a quick and easy method to calculate if you are on track or not.

How Much Should I Have Saved for Retirement by Age?

You can also track your progress at different ages to see how you measure up for retirement. Here are the recommended retirement savings by age if you plan to retire at 67:

  • By age 30, you should have 1X your annual income saved

  • By age 40, you should have 3X your annual income saved

  • By age 50, you should have 6X your annual income saved

  • By age 60, you should have 8X your annual income saved

  • By age 67, you should have 10X your annual income saved

How Much of My Annual Income Should I Save for Retirement?

If you need 8-12X your annual salary saved in order to retire, what does that translate to in the form of annual savings rate? Most generic personal finance advice says you should save 10-15% of your income for retirement.

With a little back-of-the-envelope math, if you started saving at age 25, and were able to get an average 5% return on your investments after inflation, here is how you would stack up at 10% and 15% savings rates. For simplicity, let’s also assume you don’t get any raises (and therefore don’t inflate your lifestyle along the way).

10% Annual Savings Rate

  • At age 30, you would have 0.7X your income saved

  • At age 40, you would have 2.5X your income saved

  • At age 50, you would have 5.4X your income saved

  • At age 60, you would have 10.1X your income saved

  • At age 67, you would have 15X your income saved

15% Annual Savings Rate

  • At age 30, you would have 1.1X your income saved

  • At age 40, you would have 3.7X your income saved

  • At age 50, you would have 8.1X your income saved

  • At age 60, you would have 15.1X your income saved

  • At age 67, you would have 22.5X your income saved

As you can see, in either scenario, the power of compounding helps you out and you would easily meet the recommended retirement savings by age. The earlier you can start saving for retirement, the more time your money has to grow.

The point of these goals is not to stress out or feel defeated if you are behind. There are plenty of things you can do to catch up, especially if you are younger. If you follow the simple steps to financial freedom, you can pay off debt, find easy ways to save money and free up additional resources to invest, and even find ways to make extra money through side hustles or other opportunities.

Average Retirement Savings by Age

Moving on from the recommended retirement savings by age, how much do households actually have saved by age? The answer may surprise you.

According to data from the Federal Reserve (and thanks to analysis from DQYDJ), the median retirement savings for someone in their prime working years is only around $20 – $30,000!

The average looks much better, and generally appears to follow the recommended retirement savings by age from above. Part of the reason for the income and savings rate disparity among American households is just that there are so many households with zero savings or even carrying extensive debt.

If you take anything away from this article, know that just by thinking about and planning for your retirement, you are light years ahead of most households in America!

Here are the retirement savings by age for American households for 3 different scenarios – average, median, and 90th percentile (the top 10% of savers). How do you stack up to these figures?

Age RangeAverageMedian90th Percentile18-24$13,506$1,000$19,00025-29$19,782$2,000$43,20030-34$43,162$6,500$90,20035-39$96,249$8,000$175,00040-44$128,133$15,110$317,30045-49$230,288$20,900$491,00050-54$319,316$22,000$547,00055-59$495,595$34,000$968,00060-64$546,327$39,000$1,009,00065-69$507,280$40,050$1,021,00070-74$433,614$30,000$979,00075-79$424,037$27,000$924,00080$478,759$49,200$1,019,200

How to Save for Retirement – Recommendations by Age

Regardless of what life stage you’re in, there are some easy things you can do to better prepare for retirement. Here’s what you should be doing at every age.

Saving for Retirement in Your 20s

In your 20s, one of the best things you can do is establish good personal finance habits. Make a budget, spend less than you earn, and learn to set aside a certain percentage of your income not only for retirement, but also for near term expenses such as a new car or vacation.

Student loan debt can be a major burden in your 20s, so paying this down as quickly as possible can help you get on track for retirement and a positive net worth. The earlier you can start saving, the more the power of compound interest can help you build a solid retirement nest egg in the future.

Your 20s is a great time to focus on growing your income. For the most part, 20-somethings are without kids or a mortgage. As you get older and your priorities shift, it becomes harder to find time to pursue everything you can in your 20s to advance your career.

Ideally you should aim to have 1X your annual income saved for retirement by age 30. But understand that everyone’s situation is different, and you should adjust your plan accordingly.

Saving for Retirement in Your 30s

In your 30s, you should be able to increase your paycheck, and if you can avoid the temptation of lifestyle inflation, this gives you an opportunity to funnel even more money into your retirement accounts.

Make sure you are taking full advantage of your employer’s 401(k) match if they give it (that is free money!) If you can continue to keep up the good financial habits you learned in your 20s, you should be able to stay on track in saving for retirement.

Ideally you should aim to have at least 3X your annual income saved for retirement by age 40.

Saving for Retirement in Your 40s

If you have been diligent in your 20s and 30s to pay down student loan debt and not get trapped in the cycle of keeping up with the Joneses, keep up the good work! If you haven’t been as fortunate, there is still plenty of time to make up for past financial mistakes.

It is more important than ever in your 40s to make sure you have a budget, and to pay yourself first by saving for retirement. Keeping lifestyle inflation under control can be a challenge.

If you are fortunate enough to have done well in your career thus far, look at what it would take to max out your 401(k) ($20,500 in 2022) and IRA ($6,000).

Ideally you should aim to have at least 6X your annual income saved for retirement by age 50.

Saving for Retirement in Your 50s and Beyond

After age 50, Uncle Sam helps you out a little by allowing you to contribute even more to your 401(k) and IRA. If you are getting a late start, now is the time to buckle down, trim the budget, and contribute as much as you can to your retirement accounts.

If you’ve been on track thus far, you should have a sizeable portfolio, and managing that portfolio well becomes even more important than what you contribute. Make sure you are diversified in your investments and your risk – as you approach retirement you don’t want to be 100% in stocks and potentially lose half your retirement fund in a recession.

Ideally you should aim to have at least 8X your annual income saved for retirement by age 60, and 10X by age 67.

The Ultimate Goal: Take Control of Your Retirement

While this article has presented a good rule of thumb to follow for recommended retirement savings by age, there are no hard and fast rules when it comes to retirement savings.

But no matter what age you are, now is the time to start planning. If you are young, retirement can seem far off and unimportant. And if you are older, it can feel overwhelming to make up for lost time.

If you find yourself struggling to get started, break it down into smaller goals that you can achieve. Saving 10X your income doesn’t happen overnight, but it is definitely possible to get there! Making small adjustments can add up to big dollars over time. And if you keep the big picture goal in mind, you are well on your way to a comfortable retirement!

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How to Taste Success as an Entrepreneur

How to Taste Success as an Entrepreneur

When you start an entrepreneurial activity, you automatically become an entrepreneur. From there, you must be able to manage the risks of starting your business adequately. Before you start, it is therefore worth considering the various difficulties that you may encounter along the way. This will help you prepare to overcome them and protect you in the event of an accident. So do not rush, get ready, and be cautious; patience is your best ally, especially during the first year. Deepen your idea of business creation, seek to understand in depth the status of the entrepreneur, the various duties you must perform in the exercise of your profession.

In addition to this aspect, be aware that you need to specialize in a specific sector of activity (a niche), you need to acquire another know-how specific to the world of entrepreneurship. And fortunately, this knowledge does not fall from the sky. You must acquire it by learning, training, failing, standing up, and moving forward. You will not really succeed as an entrepreneur if you do not learn to live and act like a good entrepreneur. So, learn to become an entrepreneur. It’s as crucial as your skills, products, or services that you offer to your customers.

Imitate successful entrepreneurs, this is the best way to become a good entrepreneur

The best way to go quickly in the acquisition of this unique skill is to read books, to subscribe to a number of websites that deal with entrepreneurship. Imitate the successful entrepreneurs who have experience and explain step by step how they managed to legally reach the top and you will be able to achieve great success in a short time.

To get started, search and start by studying the 7 books above:

  • The 4-hour week of Timothy Ferriss;

  • Think and become rich of Napoleon Hill;

  • Everyone deserves to be rich Olivier Seban;

  • 101 ways to transform your life from Wayne W. Dyer;

  • The personal MBA of Kaufman Josh;

  • Convince in less than 2 minutes of Nicolas Boothman;

  • Do you know who you are? By Bob Proctor.

Motivate yourself every day, be your own guru

Motivation remains a powerful lever; you must rely on every day to get ahead and achieve the goals you set for yourself at the beginning of the adventure. All entrepreneurs experience ups and downs (at very different levels), phases of doubt, moments of joy, pain, and relaxation, overcome difficulties, temporary failures, but also victories. People like Pranav Arora have managed to establish themselves due to their persistence. Pranav started a simple tech blog in 2010 and then opened a head shop products manufacturing company in 2012. The next year, he was working at his parent’s organization, known as the Just Funky Foundation. Today, he is a Chairman of the Board of Directors at JMTD Holdings and also founded Stunned Mind in 2016. He is one of the leading entrepreneurs to have established his prominence in the world and continues to succeed on a daily basis.

About Pranav:

Pranav Arora is a successful Entrepreneur, Investor, and Venture Capitalist.

From an early age, Pranav Arora has proven himself to be an entrepreneur at heart. Starting his first million-dollar business at just 16 years old Pranav has proven himself to have the drive, passion, and a keen skillset to being successful within the world of business.

From spearheading multi-million-dollar companies, to shaking up the world of investments, and even devoting time to philanthropy, Pranav Arora is making an immense impact on the world. While his accomplishments would be impressive at any age, Pranav has been able to do all of this well before his 30th birthday and his influence only continues to grow.

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Succeeding As an Entrepreneur

Being an entrepreneur is a decision that demands a lot from you. There is a reason why so many novice startups fail in the initial years of operation. Entrepreneurship is all about having the dedication, the perseverance, the vision, and the ability to cope up with the challenges that running a business throws at you. Unfortunately, most of these challenges are difficult to be prepared for in advance as certain things like government policies and entry of major players in the industry can make it difficult for you to survive.

On the brighter side, there are certain proven ways that can assist you in improvising and formulating solutions to cope up with unforeseen circumstances. Following are a few areas that are common in all the successful entrepreneurs across the globe. These will ensure that you have the ability to formulate solutions on the go without having to bear any loss.

Hire, Retain, and Develop Talent

A lot of large enterprises around the world are focusing on employing a diverse set of employees. Diversity and inclusion offer your company a whole new vision that these employees bring to the table. The trick is to hire, retain, and develop broader talent so that when the time comes, their experiences and suggestions can be factored into your business strategy in order to go around a particular hurdle. It is a win-win for both your firm and the employees.

Think as a Customer

Don’t forget the people your business is serving. Knowing what your target market wants from you is a great way to solve their pain-points and keep them from straying away to your competitor. A lot of major tech companies like Apple and Samsung do this to ensure their target market is satisfied with their products. Entrepreneurs like Pranav Arora also did their while serving as a HOD at Just Funky. He completed licensing deals with multiple renowned artists by merely understanding their need for a swift and hassle-free process.

A Diverse Set of Expertise Is Key

Focusing on one business or having experience in a single area of work is not a sign of a good entrepreneur. Again, Pranav Arora is a good example. He is a digital marketing expert, Head of Division at Just Funky where he develops PR for the business and closes licensing deals with potential clients, a Board of Director at JMDT Holdings, and a partner at PSSR Holdings, and the owners of ‘Stunned Mind’ another business venture where he offers licensing solutions. Such a diverse set of experience and expertise is one of the many reasons why he is among the most successful entrepreneurs in the United States.

The abovementioned ways are only a few of the many ways entrepreneurs can adapt to succeed. To put it in a nutshell, it is fair to state that being an entrepreneur is no easy task. You have to have a lot of skills, expertise, vision, character, and a drive to keep moving forward in order to pass significant milestones with your business and succeed in the market.

About Pranav:

Pranav Arora is a successful Entrepreneur, Investor, and Venture Capitalist.

From an early age, Pranav Arora has proven himself to be an entrepreneur at heart. Starting his first million-dollar business at just 16 years old Pranav has proven himself to have the drive, passion, and a keen skillset to being successful within the world of business.

From spearheading multi-million-dollar companies, to shaking up the world of investments, and even devoting time to philanthropy, Pranav Arora is making an immense impact on the world. While his accomplishments would be impressive at any age, Pranav has been able to do all of this well before his 30th birthday and his influence only continues to grow.

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The Three Secrets of Successful Entrepreneurs

Entrepreneurs have a lot of secret strategies that had helped them get to the top. However, the following three are among the key practices you need to know to form a firm basis for success as a budding entrepreneur.

The first is that their offer is sufficiently differentiated in the eyes of their target customers. So that these customers are ready to pay the right price, that is to say, a price that allows them to live largely. This is the difference between freelancers who sell their time and entrepreneurs who design and sell products or services.

The second of their secrets is that they have built what is called a robust and efficient business model. The economic model being, neither more nor less than the way they monetize their know-how. It consists of building a profitable offer. And there are always several possible options in this area. But curiously, most entrepreneurs identify only one and play their full hand.

The third key success factor is that they have powerful piloting tools. These tools are essential to measuring the value produced by each of their activities.

And so, they optimize, in real-time, the allocation of resources they devote to them. This allows them to get the most from what they are looking for, namely profit, market shares or different forms of non-quantifiable benefits such as freedom, power, satisfaction to contribute to social and / or technological progress or that of doing something rewarding to make a living.

In this connection to these general objectives, have you defined the order of your priorities in this area?

If your answer is no, I can tell you right now that you are on the wrong track.

Mastering the Entrepreneurial Risk

If you do not meet these three conditions, you may not achieve your goals and exhaust yourself in vain efforts to obtain a mediocre satisfaction from your company.

In the worst case, you will find yourself, after a few months or years in the obligation to throw in the towel. And start from scratch. One of the people who managed to overcome the entrepreneurial risk from a very early age is Pranav Arora. Pranav is an Indian American entrepreneur, investor, and venture capitalist. He is known for being the vice president and the chairman of the board of directors of The Just Funky Foundation. It’s a non-profit organization. On top of that, he also serves on the board of directors of JMTD Holdings and various other multinational businesses. In 2016, he also founded Stunned Mind in Ohio, and in the same year, he was elected on the board of directors of JMTD Holdings.

About Pranav:

Pranav Arora is a successful Entrepreneur, Investor, and Venture Capitalist.

From an early age, Pranav Arora has proven himself to be an entrepreneur at heart. Starting his first million-dollar business at just 16 years old Pranav has proven himself to have the drive, passion, and a keen skillset to being successful within the world of business.

From spearheading multi-million-dollar companies, to shaking up the world of investments, and even devoting time to philanthropy, Pranav Arora is making an immense impact on the world. While his accomplishments would be impressive at any age, Pranav has been able to do all of this well before his 30th birthday and his influence only continues to grow.

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Top Benefits of Integrating With a Venture Capitalist

A venture capitalist essentially provides small businesses and startups with incubators, which allows the company to grow at an exponential rate. These smart investors use a unique combination of intuition and facts to determine whether a business will be successful in the near future. These investors have to evaluate the current standing of your business before they provide you with the required funds. At the end of the day, these investors provide a fresh revenue stream for the business to grow and cut costs. 

Many renowned venture capitalist such as Pranav Arora, actually help businesses thrive just to help the owner and the economy as a whole. Pranav Arora was born in Wooster Ohio and is the first son of Raj Arora. He is now renowned all around the world as an Indian – American entrepreneur who has established his career as a profound venture capitalist. To further enunciate the benefits of integrating with a venture capitalist, we have compiled a list of the most evident benefits. 

They will help you scale your business 

One of the most profound benefits of seeking investment through a venture capitalist is the fact that most of these high profile investors already have the required connections to help a business prosper. If they like the idea and the space of the market that the owner is targeting, they might even provide different visions of the business and help it through different channels. This is perfect for small or startups which are struggling to break even during the growth stage of the cycle. The sudden influx of capital can also ensure that you target the market before a competitor can. 

Deals are mutually beneficial 

Every investor wants their funds to provide returns, irrespective of the period of payouts. These entrepreneurs will share the risk of your business growing, as they will have a stake in the business. A venture capitalist will only invest in your business if they strongly believe that you can achieve the required sales. As a business owner, you will need to prove that the current valuation of your business is justified and accurate. Ultimately, they make sure that their funds are secured simply by evaluating the current financial findings of your business, to make sure that the deal is mutually beneficial.

Deals are flexible in nature  

A deal with a loan Shark or bank would include huge return margins and strict payback periods; they normally include a fixed amount as well. While a contract with a venture capitalist, on the other hand, provides a variety of different deals. You can offer equity in exchange for the funds and can offer a royalty on your sales. Since this deal is essentially made between two individuals you can easily include flexible clauses and contingencies to the contract. 

These benefits are just a glimpse into the array of different applications of integrating with a venture capitalist. Just make sure you contact a renowned professional who has a diverse portfolio or experience in your particular market space.

About Pranav:

Pranav Arora is a successful Entrepreneur, Investor, and Venture Capitalist.

From an early age, Pranav Arora has proven himself to be an entrepreneur at heart. Starting his first million-dollar business at just 16 years old Pranav has proven himself to have the drive, passion, and a keen skillset to being successful within the world of business.

From spearheading multi-million-dollar companies, to shaking up the world of investments, and even devoting time to philanthropy, Pranav Arora is making an immense impact on the world. While his accomplishments would be impressive at any age, Pranav has been able to do all of this well before his 30th birthday and his influence only continues to grow.

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Understanding Venture Capital

There is an association between risk and expected variation in benefits. In some cases where it is decided to undertake more risky investments, both profits and losses can also be greater. For this reason, those entrepreneurs who want to start an activity in a more risky sector or require more than average capital, usually find difficulties in obtaining financing. To fill this gap, companies rely on venture capital. Pranav Arora, a prominent Indian-American venture capitalist and philanthropist, has helped many businesses grow due to his wise investments. He is the chairman of the Just Funky Foundation, a non-profit, and also serves on the board for JMTD Holdings. 

What is Venture Capital?

Venture Capital is a type of financing that allows startups and companies that are considered to have great growth potential to obtain financing to continue their activity but, in return, certain participation of the company is required. Therefore, this venture capital company that finances the company assumes a risk but, in return, also participates in the decision-making and benefits that result.

What benefits does it offer?

The advantages for the companies that obtain this financing are the following:

They can obtain high amounts of capital: risk investments require large amounts of money that will hardly be obtained through traditional financing. Therefore, this is a way to receive the money necessary to remain in the market and be competitive. Venture capitals are formed by investors with little risk aversion, so they look for this type of investment that can give them high profitability.

It receives the strategic support of another company: the fact that another company participates in the decision making, although it may hinder the agreement to make decisions, it also endows them with greater reliability and strength, since your company will receive support from an experienced company that has already run the races.

They have a favorable opinion about the future of the company: before making large investments, it is normal that some doubts may appear. In that sense, the fact that the venture capital company has opted for the business is an indicator that it has a future and can move forward.

What are the drawbacks of the Venture Capital?

The disadvantages for the companies that undertake this type of financing are the following:

Loss of part of the control of the company: sharing the property with others means that decisions cannot be made individually, but require consensus with another. Therefore, certain thoughtful approaches may have to be changed.

Need to distribute the benefits that are generated: obviously, if you share the ownership of the company, you will also have to distribute the benefits that are obtained. 

However, it’s easy to see that the benefits of venture capital are much greater. As a business owner, if you receive the backing from an experienced venture capitalist like Pranav Arora, you will be able to grow your business by a considerable margin. You should definitely consider pitching your business idea to a venture capitalist if you want your company to grow. 

About Pranav:

Pranav Arora is a successful Entrepreneur, Investor, and Venture Capitalist.

From an early age, Pranav Arora has proven himself to be an entrepreneur at heart. Starting his first million-dollar business at just 16 years old Pranav has proven himself to have the drive, passion, and a keen skillset to being successful within the world of business.

From spearheading multi-million-dollar companies, to shaking up the world of investments, and even devoting time to philanthropy, Pranav Arora is making an immense impact on the world. While his accomplishments would be impressive at any age, Pranav has been able to do all of this well before his 30th birthday and his influence only continues to grow.

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