Anupam Mittal shares how he became a millionaire, lost it all, and rebuilt with Shaadi.com
Anupam Mittal, founder of Shaadi.com, shared his inspiring journey from becoming a dot-com millionaire in his 20s to losing it all during the 2000s bubble burst. Despite setbacks, he invested in Shaadi.com, which turned into a massive success. His story highlights resilience, vision, and the belief that true success comes from daring to take risks.
In a candid LinkedIn post on Friday, Shaadi.com founder Anupam Mittal opened up about his remarkable journey, marked by incredible highs, devastating lows, and an eventual return to success.
Anupam Mittal's entrepreneurial rollercoaster
Reflecting on his early days, Mittal shared a snapshot from his youth and recalled how he became a multi-millionaire in his early 20s during the dot-com boom. At the time, he was a key player at MicroStrategy, a company that skyrocketed to a $40 billion valuation, making his life in the U.S. seem like a dream come true. At the peak of his success, Mittal even splurged on a Ferrari. However, the dream was short-lived as the dot-com bubble burst in the early 2000s, leading to a financial collapse.
¡°As quickly as it came, it all vanished,¡± Mittal wrote, recalling the tough times that followed. With his fortunes reversed, he found himself deep in debt and had to return to India by 2003, with nothing but the memories of his rapid rise and equally swift fall.
Despite this massive setback, Mittal didn¡¯t lose hope. Instead, he saw it as an opportunity to start anew. With a boldness fueled by his previous experiences, he ventured into a new business.
Many doubted his decision when he decided to invest nearly all his remaining resources in a domain he believed had the potential to be revolutionary: Shaadi.com. The domain alone cost him $25,000, leaving him with just $30,000 to get the business off the ground. ¡°People thought I was crazy,¡± he admitted, but his belief in the idea proved to be spot on.
Shaadi.com, along with other ventures like Makaan.com and Mauj Mobile, turned into great successes, validating Mittal¡¯s vision and determination. Reflecting on his journey, the Shark Tank India fame investor emphasised that for him, it was never just about the money. ¡°It was about proving to myself that I could rise from the ashes,¡± Mittal said, underlining that his entrepreneurial spirit wasn¡¯t tied to any single success or failure.
Today, Mittal approaches all his ventures with the same mindset, convinced that success comes from daring to go against the grain. His message to fellow entrepreneurs and risk-takers is clear: ¡°Keep backing yourself. The game isn¡¯t over until you win.¡±
Netizens applaud Mittal¡¯s resilience
Mittal¡¯s story resonated deeply with many on LinkedIn, who flooded the comments section with words of admiration and motivation.
One user exclaimed, "Wow, what a rollercoaster ride! ? From Ferraris to dot-com busts and back to building iconic ventures like Shaadi.com¡ªtalk about resilience! It¡¯s like you turned life¡¯s lemons into a full-fledged lemonade empire. Thanks for the inspiration and the reminder that sometimes, you just have to bet on yourself and keep pushing forward. Cheers to audacity and second chances!"
Another commenter added, "Your story is truly inspiring, Sir. Despite the setbacks, your visionary thinking and unwavering self-belief led to incredible new ventures. It¡¯s a powerful reminder of the importance of resilience and staying true to your convictions in entrepreneurship."
Yet another user noted, "This story is a powerful reminder that true success comes from resilience and belief in your vision, even when the odds seem insurmountable. Keep daring to take bold risks, because the real win is in refusing to give up."
In a lighter tone, one user made a charming comment about the picture Mittal shared alongside his post: "You look like a cutie patootie Anupam Mittal."
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