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A person who takes chances in their endeavors is said to be a successful business owner. They take financial risks to further their business ideas and potential success. An excellent, effective business leader takes risks and then moves on to the next project investment. Additionally, they constantly grow and never get tired.
Who is Pranav Arora?
Pranav Arora is a great example of a successful entrepreneur who pushed his limits to become who he is today. In addition to his methods, which he has worked hard to develop through years of experience in business, he is committed to approaching business from a fresh perspective that involves building ideas from scratch.
In 2012, when he was 16 years old, he began his entrepreneurial journey by assisting his parents in building an international lifestyle business. Over the ensuing few years, he played a key role in making the company a major player in the global licensing industry.
He also founded the sister firm of his initial company due to his unrelenting drive to advance and unbounded passion. It was a successful eCommerce company that sold fan-driven pop culture items.
The key to Pranav Arora’s success may be a secret to us, but like many other entrepreneurs, he had humble beginnings. His sole drive and passion for being better is what allowed him to become a successful businessman.
About His Education
Pranav Arora was born and raised in Wooster, a tiny town in Ohio, where he also attended high school. He developed a reputation as a less-than-stellar student during his time at school. There was just one class he succeeded in: a curriculum designed to cover all the fundamentals of running a business. This piqued his interest because it was something he was already so passionate about.
One standout memory he had from school was continually having to stay after class because his teachers would find him trading stocks on his laptop. He hated being in detention, but it didn’t stop him from doing what he knew he had to do to enter into the world of investing. He would sometimes even sneak his laptop into detention to continue expanding his stock portfolio.
Pranav grew up watching as his parents managed their own business. He was always eager to lend a helping hand when he could. He was inspired by their drive and tenacity to pursue their objectives, and this is what made him realize he wanted to achieve the same objectives when he was older. It was then that he knew he was destined for entrepreneurship. He was always trying to start the next big thing and spent the majority of his time coming up with business ideas and potential company names.
Pranav Arora’s Entrepreneurship at a Young Age
When he was a middle school student, Pranav opened his first business. He would buy boxes of bubblegum and pencils and sell them to his classmates before and after their classes. From here, his entrepreneurial ideas and passion continued to expand until he was old enough to start his own business.
When Pranav Arora first became an entrepreneur, he faced many challenges. His two greatest obstacles as an entrepreneur have been learning to accept failure and deal with the lack of encouragement he got from others around him. Entrepreneurship was a rollercoaster of successes and setbacks. With all honesty, bouncing back from disappointments is always the hardest setback to overcome. However, he said that it is crucial to understand that failure shouldn’t deter you; rather, it should inspire you. He prompts entrepreneurs to take detours and never give up on their ambitions when obstacles appear.
Additionally, he encourages others to follow the same counsel when they don’t get their expected assistance. You will come across individuals along the way who do not share your same perspective or who will support your aspirations. In those circumstances, you must find the drive that keeps you going and encourage yourself to continue pursuing your goals.
What is his motivation?
Fear is one of the motivating factors that help Pranav Arora persevere in the face of difficulties. He has experienced a lot of worthwhile lessons and major setbacks throughout that time. Reflecting on where he started and his current position makes him feel rather proud. However, the fear of returning to those early days motivates him to continue pushing forward.
To aspiring entrepreneurs, Pranav advises you to give it your all if you discover something you are genuinely passionate about. When he first started, he wished someone would have taught him that failure was an inevitable part of entrepreneurship.
He reiterates that your definition of success is up to you. The only person who can get you there is you. Having your own time and opportunity to provide care at home is one of his definitions of success. Additionally, it is about ensuring a stable economic outlook and becoming debt-free.
Every one of us has a unique story about how we came to be where we are. You’ll be surprised at how much more focused you can become with that easy exercise. When fully focused, we quit fumbling on attempting to create an online business independently. We search for solutions and locate people who have them. At that point, you can recognize the prosperous business owner has been within you all along.