Shark Tank India 2: Flatheads co founder Ganesh Balakrishnan reveals 3 mistakes he made in his start ups
Shark Tank India season 2 is one of the most famous reality show on Indian Television displays and has grabbed eyeballs owing to its interesting content. Recently, in one of the episodes, famous emblem Flatheads Co-founder Ganesh Balakrishnan graced Shark Tank India season 2 as a participant and received the attention of the hundreds. Ganesh narrated his pitch and discovered how his logo, Flatheads, has been running at a loss, put up Covid-19 pandemic lockdown, and he has been utilising his non-public financial savings to run his business. His remarkable pitch obtained appreciation, however what become loved through the sharks and the target audience changed into Ganesh's honesty as he confessed that he would stop his enterprise and do a job and rebuild his commercial enterprise later. Impressed with him, Anupam Mittal (CEO of People Group– Shaadi.Com) supplied him a task in his agency.Ganesh Balakrishnan's pitch and entrepreneurial spirit towards his enterprise were loved by the visitors as properly when the episode went on-air. Surprisingly, within 48 hours, Ganesh Balakrishnan penned an extended notice informing that his emblem Flatheads stock has been bought out. For the unversed, Flatheads began in 2019 and is a brand that creates ‘all-day informal shoes for the urban staff’ priced among ?1,000-?five,000 a couple. It additionally offers India’s first linen footwear and the sector’s first banana fiber shoes. Earlier, in an interview, Ganesh shared how he idea of this particular call 'Flatheads' for his emblem and also spoke approximately the 3 errors he made while setting up his start-united statesKonversations By InsideIIM, Ganesh Balakrishnan became questioned about how he idea of the call 'Flatheads' for his shoe emblem. Ganesh then defined that his preceding brand Momoe gave him a call concept for Flatheads. He said that Momoe stood for 'Mobile Money Everywhere', and as they had been launching it in eating places, it appeared like a pleasant call for the marketplace. Ganesh stated that Momoe caught in humans's heads as many were stressed with its pronunciation, and the call become a touch quirky as properly. He introduced that then they notion of developing with a name that should stick in humans's minds. Ganesh noted that their standards turned into to get a call of a network or a cult.
Elaborating extra on his emblem name, Ganesh added coincidentally a Flathead engine struck his mind. The Flathead engine is a excessive-overall performance engine this is used in drag racing. He stated Flatheads are folks who are drag racers and love automotive engineering, so from there, the name become derived. Ganesh additionally revealed that they later got to realize that Flatheads is also a tribe in Montana and Flatheads is likewise a catfish within the Australian waters. Flathead's co-founder also cited that after a medical doctor instructed him that Flatheads is also a scientific condition of human heads.
