At our ‘Lessons In Excellence: Silkened Success’ with Lavanya Nalli at the Nalli Silks store in Bengaluru, she shared words of wisdom for first-time entrepreneurs as the first woman to lead the family business over 5 generations and 94 years. Her curiosity to learn fuelled her growth. The Harvard graduate shared targeted tips on what it takes to constantly invent and reinvent and pivot the business until you find something people are really going to want.
Celebrity Stylist Elton John and Lavanya Nalli impressively illustrated inventive ways to best drape their beautiful nine yards. Our members got a guided tour of the store to explore their treasured heirlooms. In a riveting 1:1 with a member, she said, “When you are faced with a challenge, go out and talk to a room full of people. Of all the suggestions you receive, at least one of those conversations will be the solution you need and something will make it click in your mind.”
The big takeaway: Always prioritise a product-first strategy. Hone in on that. Only once you have a solid product at hand, build on the rest.
