Greetings! ✨
Khush to bohot honge aap! (at least the 3rd/4th years :)
Well, we hope you are happy because we certainly are. With colleges resuming offline curriculum, students craving campus experience have had their wishes 🌠🌠 fulfilled.
But, at home or in college we will keep you updated as always. So, pause ⏸️ the nostalgia and resume ▶️ the swiping.
#weekprime
Gym chain giant “Gold’s gym” is now acquired by cult.fit 🏋️♂️
By picking up a majority stake in F2 Fun & Fitness Pvt Ltd cult.fit became the master franchise partner for Gold’s Gym in India.
Operated by Cure.fit Healthcare Pvt Ltd, Cult recently acquired RPM fitness, Fitkit, Onefitplus, and Urban Terrain. They also closed a $150 Mn Series F fund led by Zomato to enter the coveted Unicorn club in November last year.🦄
Acquisition plans of cult.fit :
Focus on independent growth of Gold’s Gym brand💰
Scaling up their revenue from existing centers.📈
Further expansion using the same franchise model in India as well as in nearby countries like Sri Lanka, Nepal, Maldives, etc.🌎
cult.fit claims to operate more than 350 owned and partnered centers in over 25 cities in India. This strategic partnership with Gold’s Gym should help cult.fit to significantly expand its footprint and strengthen its position across the country.
On the other side, Gold Gym claims that it has over 140 outlets in more than 90 cities with multiple long-term franchise partnerships across metros, tier II, III, and IV markets.
As a part of a deal with Tata Digital, the investment of $75 Mn in Cure.fit led the co-founder and CEO of Cure.fit, Mukesh Bansal to join Tata Digital as president.
The strong hands behind cult.fit may result in more such acquisitions in the coming months.
#whatsthisword
Fail Fast, Fail Cheap…
The startup ecosystem is far from perfect which leads us into thinking what happens with a startup when a serious mistake is made? Well, the answer precisely lies in the question "when a mistake is made" i.e. the sooner a startup makes a mistake and rectifies it, the lower will be the cost and collateral damage.⏱
This idea is known as Fail Fast, Fail Cheap.
Basically, organizations want to move quickly, experiment and find things that don't work before they invest more heavily in them. Don't go too far into the launch process before realizing you have made an error.
Although it sounds like a fantastic idea there is another school of thought that discards this mantra. They believe more in “Learn fast, Learn cheap.”
#bookworms
“The Obstacle is the Way”
Are you feeling frustrated, demoralized, or stuck in a rut😥😬 !? But it’s not the way to live. We must overcome all these sorts of obstacles and convert them to opportunities and strengths to lead a full potential and successful life.
Here we’re with this book, The Obstacle in the way: The Timeless Art of Turning Trials into Triumph which can help you turn your problems into your biggest advantages and also inspires you with dozens of true stories of the greats from every age and era. Ryan Holiday consolidates his analysis of ancient philosophers’ works on Stoicism into practical insights and tips to overcome obstacles.
“The impediment to action advances action. What stands in the way becomes the way.”
-Roman emperor Marcus Aurelius
Also, he shows us how some of the most successful people in history—from John D. Rockefeller to Amelia Earhart to Ulysses S. Grant to Steve Jobs—have applied stoicism to overcome difficult or even impossible situations. The Obstacle in the way is highly inspiring and worth a read 📖!!
#quotethis
"You have to see failure as the beginning and the middle, but never entertain it as an end."
-Jessica Herrin, founder and CEO of Stella & Dot
#youtubebinge
What they don’t tell you about Entrepreneurship
Becoming an entrepreneur will give you more flexibility, more freedom, more joy, more recognition, more meaning, and hopefully, in the long run, more money. Right?
The reality of being an entrepreneur is much harder than most people are willing to open up about.
In a culture where successful entrepreneurs are idealized like rock stars, it's easy to feel like we're not good enough when comparing ourselves to the picture that’s painted by social media.
So, here is the video in which you can know some facts about becoming an entrepreneur!
#funzone
Crossword Time
We’re back again with an interesting activity for you! 😉This time we just want to test your knowledge about top startups in our country. So, let’s have a look🧐🤔…
https://crosswordlabs.com/view/top-startups
Hoping to keep you updated with all the entrepreneurship talks of the town!
Until next time :)