Gaurav Taneja hits back at ‘Sharks', calls their Shark Tank India suggestions ‘foolish': ‘They wanted me to close down Flying Beast'
Now, in a recent chat on the YouTube channel Think School Hindi by Zero1, Gaurav opened up about his Shark Tank experience. He said, 'A lot of things happened at Shark Tank and I was wondering why are they so much against me. When I receive a customer's complaint, I give my team the order number and ask for an update, I won't sit and see in the system. Obviously I will delegate the task.'
Gaurav spoke about the Sharks targeting him for running multiple businesses while also managing his social media presence. He said, 'They told me, 'You aren't shutting down Flying Beast (his social media channel)?' and I was like what a foolish decision. They are asking me shut down what distinguishes me and from where I am selling everything. We got a kickstart and we had an advantage but the rest of the journey has been same as them. We didn't get everything on a plate, I have also had sleepless nights and built this distribution. I would get up at 4am and take flights.'
Gaurav also shared his biggest learning from Shark Tank. He said, 'More than business, I learnt how to stay humble and take rejections, and how to be quiet at some situations, come back and work harder, despite people not believing in you. We have to face rejections many times but when we face it in front of the camera, it becomes a big thing.'
Gaurav walked out of Shark Tank empty-handed, as all Sharks refused to invest in his business. His ask was ₹1 crore in exchange for 1% equity, valuing his company at ₹100 crore. Anupam Mittal had criticised him during the show, calling him a 'good influencer' but a 'terrible entrepreneur'. 'You are a good influencer, but you can't outsource entrepreneurship,' Mittal said on the show, adding, 'You cannot allot a set time in start-ups; you have to be available all the time.'
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