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Shraddha Mishra, Meghana J Date - 31/10/2017

Priyanshi is undoubtedly nerdy when it comes to business and ecommerce. Being a compulsive shopper and shoe-collector herself, she knows the psyche of millennial buyers, no wonder she studied e-commerce at PG level! But what truly got her into entrepreneurship was her craze for impromptu road trips.

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Management is her passion, and her mantra is – Prioritize, Streamline, Organise. She is a keen learner and records her managerial approach which she exhibits while managing Instacar. For her, being an entrepreneur is being a good manager: disciplined, organised and dynamic. Here she talks about her entrepreneurial journey at InstaCar, Women Entrepreneurship and the future of InstaCar.

Q. How do you define your journey of entrepreneurship as the Co-Founder of Instacar?

My entrepreneurial journey began with Instacar. This is one of the best decisions of my life. I have had an experience which I thought I’d never get if it were not for this decision. Instacar is technologically and operationally heavy. The efficient management of both these aspects is vital for its functioning. Instacar has enabled me to do this.

Entrepreneurship is thrilling. You are always on your toes. You never know what will happen today. It’s a new experience every day and that’s the best part. Instacar is like an amazing bumpy ride. It helps me grow as a leader and as a confident person ready to face challenges.

Mission

To simplify car rentals for everyone by helping them find the most suitable car quickly, smartly and easily.



Q. What were the difficulties you initially faced as an entrepreneur and how did you overcome it?

We do face challenges but they’re not difficulties. Planning, staffing, implementing and monitoring are some management functions undertaken in an organisation and performing these is a challenge altogether. But we, at Instacar believe that we do these as part of our lives. A business needs to be nurtured in its initial stages, as it takes time to settle and adapt itself to the dynamic environment. We have now grown to be a more mature business.

There’s a very simple strategy: If plan A does not work, try plan B. Make sure you are not using Plan B with the fear of failure, because this attitude is really your failure. Implementing something new needs a research, researched process never fails.



Q. Do you think that entrepreneurship should be introduced as a course in universities and schools?  

Yes, definitely. I have done my MBA, and we had a subject related to Entrepreneurship Management. At that time, I failed to realise how important the subject was. I finished my masters recently and I remember the topics that were explained. Today, I try implementing this knowledge wherever possible. It is indeed helpful! Entrepreneurship should be introduced as a specialisation which can be opted by students. I don’t know how many can agree on this point.

It should be taught in schools as well. They should include stories of successful entrepreneurs like Dhirubhai Ambani in the curriculum. These real life examples will inspire students.



Q. What advice would you like to give to future women entrepreneurs?

Both men and women face similar challenges in their entrepreneurial journey. I believe women enjoy certain privileges than men in some aspects.

I feel women are multi-taskers. Being an entrepreneur is not an easy task, it is a result of many important decisions. Women entrepreneurs need to be more practical.



Q. What are the strengths that an entrepreneur should possess according to you?

It’s tough to keep yourself and others motivated but you need to build that temperament. Things will almost always never go exactly as per the plan, so have patience. Only then will you be able to think of alternatives. You need to be a leader, not a dictator. This is the best way to gain people’s trust. When you take decisions, own them, never regret them. An entrepreneur should have the courage to face challenges, forgive and move on.



Q. What are your plans for the future as an entrepreneur?

I want to learn and grow more in terms of experience. I have a very fresh outlook. I want to keep believing in what I am doing. We are at a monotony of achieved and repeat.

Vision

To become the most trusted place for car rentals in India.





    Send you resume/CV at talent@instacar.in for career opportunities at InstaCar
    Positions available right now -

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    For more information visit : www.instacar.in/careers/

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