Nov 02 2024 79 mins
Timestamps:-
1:21 - Introduction
3:31 - Pranav’s Journey before The Hosteller
8:48 - Story behind ‘Backpacker’ as a concept
10:40 - Why did you start The Hosteller?
19:57 - Diving into Pranav’s family background
21:40 - How does the real estate mechanism work?
28:06 - Number crunching in the hotel industry
34:10 - Early Days of The Hosteller
44:11 - The Bootstapped Hosteller
45:26 - #1 Reason behind the Return Rate of The Hosteller’s Customers
52:50 - Founders-Customer relationship
53:20 - People management
1:02:09 - Fundraising challenges
1:07:14 - Rejections, rejections, rejections
1:10:32 - The First Cheque
1:12:01 - What does money mean to you?
1:17:00 - Rapid Fire Round
1:19:54 - Next 5 years Vision for The Hosteller
1:20:58 - Wrapping up
Starting with just ₹5 lakhs at 23, Pranav shares how his European experiences shaped his approach to hospitality and profit-first thinking. From hosting international travelers to building a hostel empire, he reveals key lessons on turning challenges into opportunities, including how $400 saved his business in its early days.
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