Interview with Rohit Arora, Founder & CEO of Mavenwit, Creator of DieHardFriends & Investor
At Sugermint Media, our aim is to bring to our entrepreneurs community some of the inspiring and motivational stories from the entrepreneurial ecosystem.
As part of this endeavour, we invited yet another passionate entrepreneur Rohit Arora, Founder & CEO of Mavenwit, Creator of DieHardFriends & Investor for an exclusive interview with us.
Tell us a little about yourself
Rohit Arora: I completed my schooling from Cambridge International School form India only, and completed my Graduation from Dev Bhoomi University, in Dehradun, Uttarakhand, India.
I got started with the family business from the age of 13 with the 1700 INR with my family and we started the grocery store when I was 13, and we shut down that family business when I turned 17 due to high losses in the day-to-day business operations.
That 5 years of early teen business was a great learning for me to get into the Entrepreneurship. I was obviously from a middle-class family and my father was just a small business owner and mother a housemaker.
Please tell us a little about your entrepreneurial journey
Rohit Arora: Becoming an Entrepreneur was never a goal for me. I wanted to become a musician and have had the strong passion into the music and artistry. But somehow due to the financial struggles in my early teenage, I was unable to do so.
I got my first job at the age of 17 and I just did that for 40 days only, passively, when I was at my university and already doing other things, but things we not going quite well, so I finally started exploring all the possible ways to make money online at the age of 18 and almost hit 1CR+ in total revenue when I was 19, and did all possible things like, dropshipping, affiliate marketing, sold Instagram Theme pages to businesses for multiple dollars, and did small business consulting as well.
Later, I realized this can be something big rather then just doing consultancy or working for small businesses, or working as a one-man army.
So I started my first company in Indian legally known as Mavenwit Private Limited in 2020, when I turned 20.
We started working with Mid-Size customers into Mavenwit. Since the launch of Mavenwit in 2020, I took that company from Dehradun, Uttarakhand, India to Miami, Florida, USA legally known as Mavenwit Corporation, and won multiple awards, and became a part of Accelerator Program and produced The Maven Show as well, where we interview Industry Leaders.
It was a crazy ride so far from last 2 years since I started Mavenwit, and even this is just a start. I am working on my second project known as DieHardFriends, where we are making 10555 NFT Tokens, and DHFCoin for the DieHardFriends ecosystem and we have the game and to launch the Street Wear in the roadmap of this brand.
Kindly brief us about your company, its specialization, and the services that it offers
Rohit Arora: Mavenwit is an Award Winning Full-Time Global Advertising, Marketing & Innovational Transformation Company, & DieHardFriends is a global community of DieHardFriends with a meaningful purpose.
DieHardFriends is a 10,555 DieHardFriends token NFT project which consist of all types of unique friends with different moods, styles, and with different purposes in life.
In Mavenwit we know as full-service agency specialized in Social, Ecommerce, Branding, Creative, Design, etc.
DieHardFriends is all about making world a better place with the everlasting bond of friendship known as DieHardFriends.
What is your biggest USP
Rohit Arora: We worked with some of the great companies in the Ecommerce industry. We are a value driven advertising agency.
We are a big umbrella with 500+ partners into the ecosystem to help startups achieve more in less time. We recently launched Mavenwit For Startups Program and its the program designed for startups to get free marketing and advertising services from Mavenwit and many other perks.
6. What made you choose this type of business?
Rohit Arora: I was already doing the same thing at the age of 19 alone and working with small businesses in marketing and advertising, so thought to make it little bigger.
Its 2 years down now since 2020 and we are now office in India and USA with a great portfolio of clients and partners and with the overall 500k+ active community.
What was your mission and vision at the outset?
Rohit Arora: Mavenwit is on the mission to bring businesses on ease with hassle-free branding and long term marketing success with greater ROI. & DieHardFriends is a Global Community Of DieHardFriends With Meaningful Purpose.
What’s your company’s goals?
Rohit Arora: We are on the way to take Mavenwit to be known as one of the best advertising, marketing and innovational transformation company globally in next 5-10 years, and to work with Fortune 500 companies in the upcoming years of operations.
DieHardFriends will be the India’s 1st NFT successful project in the Web3 industry and we will be creating a metaverse full of love and peace for our 10555 DieHardFriends for 9 Billion people to be a part of this friendship.
What was the inspiration behind turning an entrepreneur
Rohit Arora: I was from a middle-class family, and my father was doing his best for me to make me educated so I should do something.
I never though I will become my Entrepreneur and my companies will valued more than $15M+ in 2 years, one which is even pre-revenue yet, which I started during my university in library.
It took a lot of courage to get started though but its worth at end. I was always a notorious kid at my school but after a turning point at the age of 16 I left everything and started to focus on things that matter the most. Early life and family struggles was the only inspiration for me to be an Entrepreneur.
What have been some of your failures, and what have you learned from them?
Rohit Arora: I failed a lot, I failed at my passion of Music in early teen, then I failed before starting Mavenwit as well.
My relationships, friendships & family struggles was my all time learning to get started with Entrepreneurshp.
Even I lost $25k+ in June 2022, in Cryptocrash which led me to enter into Web3 the right way with my brand known as DieHardFriends.
Key things to consider before starting a Business
Rohit Arora: Before starting a business, you should need to ask yourself why you want to start a business, is this just for profits, or for impact or for society, or a passion.
It is easy to start a business but it takes a lot to keep going and to make it bigger over the period of time. Having resources to get started is a must. Need to understand Money Management, & calculated risks.
What are some of the biggest mistakes you’ve made?
Rohit Arora: I was in the wrong society to be honest in my early life and beginning, otherwise I must have did more and started pretty early.
Society plays a major role in life, the people we surround with and trust. I was not with the right people who made me come up with the best version of myself.
If you had one piece of advice to someone just starting out, what would it be?
Rohit Arora: Hire carefully, fire fast. Surround yourself with talented people more than you are. Choose time over money.
Your success tips for young and aspiring entrepreneurs
Rohit Arora: Start early, fail fast. Choose education over entertainment. Ask more Speak less!
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