India, Sept. 30 -- A 31-year-old startup founder has opened up about the challenges of running his own business after turning down a Rs.40 lakh-per-annum job offer. In a Reddit post titled "Need advice: I feel stuck in my start-up", the founder shared that he started his company 2.5 years ago in what he described as a "slightly conventional space".
The anonymous user said that his company initially saw rapid growth, recording a turnover of Rs.5 crore within six months. Driven by the "bug of scale," the team then set an ambitious target of Rs.50 crore. However, despite raising nearly Rs.1 crore through debt, scaling operations proved challenging, the Redditor shared.
"We were NOT able to scale and manage operations. We are still doing 6C...
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