Ep 148 | Ooshma Garg
Break Free From Limited Thinking, Do’s + Dont’s of Fundraising, Bouncing Back from Failures, and Following your Gut + North Star
Listen on
Ooshma Garg is the Founder and CEO of Gobble, the weekly dinner kit service that helps busy professionals make dinner in just 15 minutes thanks to their ready-to-cook ingredients.
In 2022, her company was acquired by Intelligent Foods for nine figures, making her the CEO of both Gobble and the health-focused meal delivery brand Sunbasket.
Ooshma's success is not just about starting and building an incredible multi-million-dollar brand, but it’s also about the resilience and perseverance that she demonstrated during the early days of the business. Ooshma’s non-linear trajectory has been filled with highs, lows, failures, and wins that will inspire anyone listening!
During this interview, Ooshma shares how it took years for Gobble to finally hit product-market fit and how she managed her resilience and mental health when she barely had any money, and investors were telling her to sell and get rid of her company.
We delve into Ooshma's experience of raising over $30M in venture capital from the “who's who” of Silicon Valley. We get a real and authentic view of raising money and who shouldn’t be going down the venture capital path, and the different options that are available to you. Ooshma discusses why cash is king but profitability is freedom and why it’s so important to know your numbers.
We also chat about Ooshma’s experience achieving “success” as an entrepreneur when selling a business, why it’s important to embrace the journey rather than solely focusing on reaching certain milestones and destinations, and so much more.
Show Notes:
Ooshma’s stance on comparison and how to break free from limited thinking. [02:50]
How facing rejection from a young age prepared her for entrepreneurship. [05:00]
Challenges and lessons from Ooshma’s early entrepreneurial journey. [07:10]
Food as nourishment, not just fuel, and a first step to managing mental health. [11:15]
Ways that the Gobble business model evolved on the journey to product-market fit. [16:03]
Why technology and innovation aren’t one and the same. [19:40]
Owned core competencies versus those you outsource or rely on your user for. [21:06]
Tips for avoiding “popularized Silicon Valley benchmarks” as you build your brand. [22:30]
How to follow your personal North star when the path to success is non-linear. [25:42]
Unpacking Ooshma’s belief that cash is king, but profitability is freedom. [28:08]
Why venture capital isn’t the only option when you’re raising money. [30:34]
Insight into Gobble’s nine-figure acquisition and why you shouldn’t “build to sell.” [37:46]
Ooshma’s transition from one-company CEO to multi-venture CEO. [39:22]
Advice for navigating burnout by pursuing the things that energize you. [42:45]
This episode is brought to you by Beeya:
If you or anyone you know have been struggling with hormonal imbalances and bad periods, go to https://beeyawellness.com/free to download the free guide to tackling hormonal imbalances and to learn more about Beeya’s seed cycling bundle.
Plus, get $10 off your order by using promo code BEHINDHEREMPIRE10.
Follow Ooshma:
Website: https://www.gobble.com/
Instagram: https://www.instagram.com/ooshma/
