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Superwomen with Rebecca Minkoff

Eternally Optimistic: Adventures in Serial Entrepreneurship with Divya Gugnani, CEO and Co-Founder of Wander Beauty [video]

Superwomen with Rebecca Minkoff

Rebecca Minkoff

Society & Culture

4.8543 Ratings

🗓️ 8 August 2023

⏱️ 33 minutes

🧾️ Download transcript

Summary

Enjoy this video podcast on Spotify and ⁠Youtube⁠! Have you been bitten by the start-up bug? ⁠Wander Beauty's⁠ CEO and Co-Founder, Divya Gugnani, certainly was. When it comes to starting companies, Divya's infectious enthusiasm is hard not to catch. What started as an accidental venture into entrepreneurship, turned into five companies, two of which Divya runs today. While Divya originally worked in finance, she quickly discovered she was addicted to starting up businesses after the formation of her first company. As an investor and entrepreneur with more than 20 years of experience, Divya attributes her success to her eternal optimism and penchant for risk-taking.  So what’s next for Divya? She is currently in “growth mode.” In addition to expanding ⁠Wander Beauty⁠, Divya is also working on ⁠5 Sens⁠, a fine fragrance company aimed at creating a sensory experience through fragrance. Thanks for listening!  Don't forget to order Rebecca's new book, ⁠Fearless: The New Rules for Unlocking Creativity, Courage, and Success.⁠ Follow Superwomen on ⁠Instagram⁠. Social Media: Instagram: ⁠⁠@dgugnani⁠⁠ Tiktok: ⁠⁠@dgugnani⁠⁠ ⁠⁠@wander_beauty⁠⁠  ⁠⁠@5sensco⁠⁠ Big Ideas: Learning to be curious and ask questions as an entrepreneur. Knowing when to pivot and move on from a company. Learning to navigate the discomfort of constant change that comes with being an entrepreneur. Keys to productivity in business and at home Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Divya, welcome to my second ever video podcast because people want to see this.

0:11.6

I want to choose my lucky number.

0:15.3

Well, good.

0:16.1

I'm glad you're my second victim.

0:17.3

My first was last week and I was like, I guess this is what people want. They want to

0:21.5

watch and listen. So when I think about you, I think of you as this wicked smart serial

0:30.2

entrepreneur. And I want you to go back to your first company. Yes. That was a long time ago.

0:39.2

Okay.

0:40.0

So let's go there and why you started it, why you sold it.

0:44.3

We only met when you were doing, when you have Wander, and then I want to talk about your new company.

0:49.1

But so prior to Wander, what was this in you that was like, I want to grow and sell businesses over and over

0:58.0

again? It really happened by accident. So like I started my career in finance. I worked in investment

1:02.5

banking, Goldman Sachs, slept under a desk, loved every day of it, worked in private equity, invested

1:07.3

in late stage companies, worked in venture, invested in early stage companies. And I was an accidental entrepreneur. I was dating a guy. He didn't know what he wanted to do

1:16.2

with his life. I was working at a venture capital firm. I had an incredibly fulfilling

1:20.0

career where I met entrepreneurs. I had the opportunity to invest in their companies.

1:25.4

I watched them grow, build, sell. And I had this

1:29.8

person I was dating who was obsessed with cars and basically like could figure out after three

1:36.1

years of owning a car, here are all the mechanical problems that are going to happen. And so we

1:41.1

brainstormed on an idea together to create a marketplace for aftermarket auto parts.

1:46.6

So right after the car goes off warranty, these are all the issues you have with your car.

1:51.0

And these are all the parts that you need.

...

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