Episode 84 / July 27, 2022
From Flower Shop to 1000 Cr Business: Founder of Ferns N Petals
Starting up with Nansi is a chat show to help you learn from the best entrepreneurs & creators! In this show, we will be talking about their journey of starting up, growing/scaling their career, and the process of becoming what they are today. Watch this special series as you take the NEXT STEP of your 100x journey!
For the first episode of #StartingUpWithNansi, we have with us Vikaas Gutgutia, MD & Founder at Ferns N Petals. Flower & gifting giant Ferns N Petals, which started with a single store in the year 1994 has now grown into a celebrated brand with 400+ franchised stores operating in 120+ countries. Tune in to hear Founder Vikaas’s story of starting up!
01:48 What got him into entrepreneurship
02:40 How did the idea of starting Ferns and Petals come up
04:40 How does the initial investment come in?
07:00 How he differentiated his flower business from the local flower sellers
08:00 Organising the unorganized flower industry
10:12 Three major things which took place in the first year of Ferns & Petals
12:59 What kept Ferns & Petals relevant in the last 28 years
15:49 Hardships faced by Vikaas
17:19 What made F&P profitable
23:01 The lowest moment in Vikaas’s life
28:50 What helped him overcome that phase
30:30 Do’s and Don’ts of starting a business
33:10 Starting up with your spouse From a Flower Shop to a 1000 Cr Business Ft. Vikaas Gutgutia, Founder & MD of Ferns N Petals