Bootstrapping, Raising Venture Capital, & Mental Health in Entrepreneurship with Tea Drops Founder, Sashee Chandran
Nov 25, 2019
Joining me today is the inspiring founder of Tea Drops, Sashee Chandran. Tea Drops can be found in over 3,000 retail stores nationwide, as well as online and on The Home Shopping Network. Sashee’s innovative product has been featured in Forbes, the Los Angeles Times, and Oprah Magazine, counting the likes of mega celebrities like Michelle Obama and Chrissy Tiegen as fans. But, the true source of pride for Sashee and her company is the community and human connections fostered by making loose leaf tea more accessible and convenient for all. In our interview, Sashee shares how she bootstrapped and scaled her company, why a “no,” is actually a positive thing, and the importance of prioritizing mental health as an entrepreneur.
If you want to try Tea Drops yourself, Sashee was kind enough to give our listeners a special discount! Use code (SPILLTHETEA) at myteadrop.com to save 20% on your order
Favorite Takeaways From This Episode
The most successful businesses are built from a place of trust with your community, or target audience.
If you have an idea for a business, make the transition into entrepreneurship gradually. Experiment with ideas in your free time, get validation from your peers, and then consult experts to make it legitimate.
The worst case scenario when you take a risk is never the end of the world. The worst case is that you end up back where you are now, and that's not bad. However, you have to be determined and scrappy to make it work, and as long as you have that spirit, you will ultimately never fail.
The question is not IF you can do something, the question is HOW.
In order to scale a business with no contacts in the industry, we must continue to be persistent and commit to the process.
In entrepreneurship, success comes when you are always open to feedback & learning from others.
When it comes to fundraising successfully, it's crucial to practice your pitch, and plan out where investor’s money is going to go so that they can trust that your business will benefit them.
You will face rejection. When you face a "no," it forces you to get really definitive in your "why."
When you start a business, you'll inevitably run into aspects of the job that you don't enjoy, and aren't good at. In order to continue to grow, you have to be willing to ask for help in the form of hired team members.
Entrepreneurship is hard. It has high highs, and low lows, and it's ok to recognize that. It's important to take care of yourself mentally, physically, and emotionally because that care is what will keep you persistent when it comes to your business.
Connect With Sashee:
- The Tea Drops Website www.myteadrop.com
- On Instagram: @myteadrop
- On Facebook: https://facebook.com/myteadrop
What Do You Think?
What was your biggest takeaway from this episode? Leave a comment below.
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