Chennai founder's raw breakdown on how his first startup lost rRs.r13,00,000 despite steady revenue
India, June 6 -- Can a business fail even when there's a steady revenue? A successful entrepreneur recently took to social media to share how a lack of discipline cost him Rs.13 lakh during his first startup venture. He revealed that while incoming revenue gave the illusion of growth, prompting bigger offices and new hires, the accumulation of minor expenses quietly created a financial monster. His raw breakdown highlights a common trap that many successful founders admit to falling into during the early, passionate stages of their businesses.
"My first startup failed and lost around 13,00,000 Rupees. One of the biggest lessons it taught me: Revenue can hide financial problems for a very long time," Chennai-based founder Jaya Shakthi Kan...
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