‘Maintaining a work-life balance in a family business is indeed crucial’

Vansh Satija, a distinguished alumnus of Apeejay Stya University (ASU), Gurugram, is a dynamic individual who has carved his path from the world of pharmaceuticals to entrepreneurship. With a strong educational foundation and a keen entrepreneurial spirit, Vansh has embarked on a journey that exemplifies the versatility and determination of today’s youth. In this interview, Vansh shares his inspiring journey.

Read the edited excerpts:

Could you tell us what influenced you to pursue a B.Pharm degree from Apeejay Stya University?

Certainly, my decision to pursue a B.Pharm degree at Apeejay Stya University was primarily influenced by the university’s stellar reputation and accreditation status. I was impressed by the university’s faculty and the recognition it received in the field of pharmaceutical education.

What motivated you to transition from a pharmaceutical background to the garment business?

During my time at Apeejay Stya University, I discovered an entrepreneurial ambition within myself. Additionally, observing the rapidly changing fashion trends in today’s world piqued my interest in the garment business. This motivated me to explore new opportunities.

Could you describe the key challenges you’ve faced while managing a family garments business and how you’ve overcome them?

I’ve encountered several challenges in managing our family garment business. Some of the major ones include cost control and adapting to new technologies. To overcome these challenges, I’ve employed a combination of strategic planning, adaptability, and a customer-centric approach. It’s essential to stay agile in the dynamic garment industry.

How do you maintain a healthy work-life balance and ensure smooth cooperation within your family while managing the business?

Maintaining a work-life balance in a family business is indeed crucial. I ensure that I set clear boundaries between work and family life. Prioritising my time accordingly and, at times, delegating responsibilities have helped me strike that balance effectively.

Can you share some lessons you’ve learned from both your academic and entrepreneurial experiences that have been particularly valuable in your role as a business owner in the garment industry?

Certainly, from my academic and entrepreneurial experiences, I’ve learned the importance of having a long-term vision. Problem-solving skills, patience, adaptability, leadership, and teamwork have also been vital attributes in my journey as a business owner.

If you could offer some tips or advice for junior professionals, what would they be?

I’ve learned many lessons, but some of the most important advice I can offer includes honing your communication skills, fostering teamwork, being adaptable to change, and practicing patience and perseverance.

Lastly, can you share any memorable experiences or memories from your time at Apeejay Stya University?

One of the most enduring memories from my time at Apeejay Stya University was when I won an inter-college chess competition at the university. This victory was followed by another triumph in an inter-college chess competition at KR Mangalam University, where I received a gold medal, a trophy, and a cash prize of 11,000 rupees. These experiences instilled in me the spirit of competition and determination, which I carry with me in both my personal and professional life.