The last couple of decades has seen and witnessed humongous growth and success which is primarily driven by young and next gen entrepreneurs and businessmen. Fresh ideas, inventions, strategies, initiatives, imperatives, and so much more has provided great impetus to the society and economy at large. These passionate professionals have left no stone unturned in achieving their desired objectives in life. The simple by product that they gave in return to society at large and economy has been sheer brilliance, development, and upliftment of our current worlds. They have continued to captivate and mesmerize all of us through their sheer passion, drive, creative ideas, and reciprocating results. No doubt about the fact they have been able to build tremendous growth and success for themselves and their companies. Today our own dependence on many such ideas, products, or services developed by these young entrepreneurs have been such that we simply cannot live without it. Lets read about one such passionate and driven serial entrepreneur, Pranav Arora.
Pranav Arora is an Indian origin, US based serial entrepreneur, investor, venture capitalist, speaker, and philanthropist. The growth that Pranav has delivered in multiple different businesses in the entrepreneurial world has taken aback many marketing guru’s as he has been able to carve a special niche for himself in the same domain. The sheer enthusiasm and zeal that Pranav has brought to the table has further ignited great levels of motivation within his tea as well. Having started his entrepreneurial journey from 16 years of age, Pranav has come a long way. From purchasing packets of gum and pencils and selling them to his friends to selling smoking-related products and accessories, which include hookahs, incense, and stash jar, Pranav now is the CEO of JMTD Holdings and the Head of Division at Just Funky at mere 27 years of age.
JMTD Holdings is a private equity firm that offers capital and value-added partnerships to world-class, industry-leading companies. This company is all about closely working with the finance teams, research specialists, and marketing teams of their clients to create and execute massive and influential growth strategies. Just Funky is a family-owned premier manufacturer of licensed and private label merchandise for the mainstream retail market. There are several areas under which the company excels, like drinkware, impulse and novelty items, decor, and apparel. It was a company he started in 2011. The products of Just Funky are also found in many top retailers, with offices in Columbus, Los Angeles, New Delhi, Ohio, London, and Hong Kong. Besides this, it has more than 20,000 independent retail partners across North America and, more recently, the European Union.
In addition to excelling in his entrepreneurial journey, Pranav is also a Philanthropist and believes in giving it back to the society in many ways.
About Pranav Arora:
It’s not every day that you meet an entrepreneur that catches your attention. The term is used so ubiquitously that it can sound common, but that is not the case when it comes to Pranav Arora. Pranav Arora is an entrepreneur with heart, one who knew what he wanted from a young age. He found university to be a distraction from his business endeavors, so he quit, knowing he could do things his own way and get better and even quicker results. To fast-track his entrepreneurial path he dropped out after his first semester to focus all his energy on building his first million dollar business, but did he succeed? We’ll get to that. It was at a middle school recess where Pranav first started displaying his entrepreneurial spirit; selling gum and pencils to classmates. His penchant for business only intensified at the young age of 16 when his parents started their own business, Just Funky, a licensing and merchandising company. It quickly became a family affair and Pranav found himself learning on the fly while heavily assisting his parents in their fledgling endeavor. Through commitment and perseverance they grew Just Funky to be a powerhouse of a business, garnering deals with A-list clients and well-known pop culture brands from around the world. It was after seeing the fast-paced growth of Just Funky that Pranav felt the calling to start his first solo venture, Highly Educated. He was still in high school at the time and continued growing the business as he started university. It was then that he realized focusing on his business would get him to his goals faster than having his time spent on studies. He knew that he needed to put his energy into his work if he wanted it to succeed so he dropped out of university. His parents were not impressed. Pranav’s faith in himself paid off though and it worked out. Highly Educated became a million dollar business within a few short years. Eventually Arora sold Highly Educated to focus his energy elsewhere on new projects and challenges, but the sweet taste of success of his first solo project left a strong impression. His next venture became the sister company to Just Funky.
Stunned Mind is a strictly e-commerce business providing collectors and enthusiasts with unique specialty items they can’t find anywhere else. With multiple businesses launched, it becomes easy to see that Pranav is not the average entrepreneur, he is someone who was born for this. He has a passion for strategizing, pivoting, and achieving. It’s rare to find someone who knows their strengths at such a young age, and even more uncommon for that individual to know what they want. Just another difference that separates Pranav from the pack, he saw what he was good at and pursued, not wanting to miss the opportunity. Entrepreneurship is not for the faint of heart and that’s exactly what Pranav loves about it. In particular he loves the problem solving aspects that naturally come with the territory. Between that and his desire to continue innovating, he’s an asset to any business. His positive approach to even the more difficult aspects of entrepreneurship is what makes him a true maverick of the industry. Needless to say, Pranav has built up quite a global reputation as someone who is ready to innovate and take things to the next level. His open-mindedness allows him to be a team player, while also having the leadership skills necessary to steer an upstart toward success. After being a major part of the reason Just Funky became so successful, he is now the Head of Division for the entire company. Simultaneously, he runs Stunned Mind, while venturing into both real estate and finance. Arora is an integral part of the leadership team of JMTD Holdings, a private equity fund that was recently named one of Columbus’ most prestigious due to growth and transactions completed.
Now Pranav is putting his knowledge and experience to use, by sitting on the board for JMTD helping others who are trying to succeed where he already has. It’s not just about business for Arora though. As you may have guessed, he has wisdom beyond his 24 years of age. It reminds him of the true satisfaction to be found in helping others and giving back. Given his experience Pranav is a beacon to young entrepreneurs who aspire to his levels of success. He is often quoted for his encouraging and inspiring words, known for his “never give up” mindset. Not simply in business is he prepared to give back, but in the community as well. Once he reached a sphere of influence that allowed him to consider his philanthropic endeavors, Pranav realized how much he could help others. Not just by example, but in a real way, through his foundations; Just Funky Foundation and the Arora Foundation. It might seem that Pranav has enough going on that he rarely has time for anything but work and giving back, but it is his ability to prioritize that allows him to achieve so much. He understands that having his priorities in order gives him the opportunity to achieve success in all areas of his life. He attributes much of his success to a focused but balanced life. Proper nutrition, time spent with family, getting enough sleep; these are the foundations on which he builds his life and business prowess. Clearly Pranav is just getting started, even though he’s already achieved more in a decade than some achieve in a lifetime. Having garnered business experience in a few of the core industries early on, he has positioned himself as a key player in the future of e-commerce, finance, real estate, and entrepreneurship. Through passion, patience, and grit Arora has shown up for himself and others, whether in the boardroom or in the community. A testament to his character and clearly demonstrating that he lives his motto, “you can achieve anything at any age”.
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