Avoid these pitfalls when you plan your business
See if you can sustain a living with the expected cash flow. If the answer is a no, put your business plan on hold
For Yash Kela, 27, taking the leap to entrepreneurship was smooth. Having been a venture capitalist for about three years, he had acquired the necessary skill set to manage money. “My previous job helped me understand the finer nuances of finance. It taught me about raising and managing finance," said Kela. What added to his advantage was a solid family support system. Kela founded Arrivae, an end-to-end interior design solutions platform, in December last year.