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Mithesh Bhatia, 34, dabbled in business way back in 2007. He had saved Dh5,000 from working odd jobs and was studying at a Dubai-based university at the same time. And this [the Dh5,000] became the start-up capital for his very first venture in the UAE.
#RagstoRiches #YoungAndRich #SelfMade
See more videos here: https://gulfnews.com/videos
Mithesh Bhatia, 34, dabbled in business way back in 2007. He had saved Dh5,000 from working odd jobs and was studying at a Dubai-based university at the same time. And this [the Dh5,000] became the start-up capital for his very first venture in the UAE.
#RagstoRiches #YoungAndRich #SelfMade
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NewsTranscript
00:00I am Mitesh from Soundcraft LLC. I'm the founder and owner of this company. We have started
00:06this company back in 2011 and we are a total strength of 45 people in total right now.
00:14Back in the days we had a very humble beginning with a total capital of only 5000 Dharams
00:19and right now we stock a total inventory worth of 16 million Dharams in the UAE market itself.
00:24Soundcraft is an event technology rental company. We provide audio, lighting, trussing, rigging,
00:30staging services and for events, industry like concerts, exhibitions, conferences, weddings,
00:38product launches, gala dinners, lot of government projects, sport events and that's what our
00:44expertise lies in. All our clientele are event companies, event management companies. We
00:47don't deal with the end users and we work like a subcontractor for them as well. Currently
00:51I'm 34 right now. So initially the company is only 7 years old, 8 years old technically
00:56if you see. But my career was started off in 2008, in 2007 technically if you see that.
01:03So that time, for the first 3-4 years initially we were, I was freelancing, I had no staff,
01:08we used to rent out speakers for private events, for private artists, to bands and that time
01:16I used to personally go, set up equipment and lately when I saw the demand increasing
01:19off, so I thought there is a need to open a company and we started off initially with
01:232 people on the company. I was born and raised in the UAE and my father used to work back
01:30in the days at one of the leading semi-government companies and later on he opened up a small
01:35trading company and after my schooling days I was helping him assess their business but
01:41later on when I felt that you know I need to venture out and do something of my own,
01:45so that's when it gave birth to this venture. UAE and Dubai and the rulers have really given
01:50us a lot of opportunities to grow with the rules being so easy and so flexible for expectorates.
01:58It's given us a great chance to operate in the UAE and that's what keeps us going as
02:04well. First thing is focus, that's the main key because a lot of entrepreneurs when they
02:08start off, they usually start off with a great energy, they start off with a great determination
02:12but again later on as the struggle comes in, only when the struggle comes in, so that's
02:17where they lose the focus, they start getting demotivated and that's what I feel that struggle
02:23should not be lost. That's the most important thing what I feel right now.