“We had one month to refinance the business, or lose our home….”Today’s 40 Minute Mentor is Dimple Patel, exited Founder, Advisor and CEO of Trouva - the leading global marketplace for independent boutiques. With roots at Goldman Sachs, Dimple’s story is one of endless resilience, having navigated recessions, a major re-brand that almost cost her her home, a global pandemic and multiple acquisitions, including Made.com’s collapse. In today’s episode, we dive into all of the above, plus: ➡️ Growing up on a Council Estate [05:00] ➡️ Joining Goldman Sachs during a recession and amid mass layoffs [07:12] ➡️ Exploring entrepreneurship as a first-time Founder in a recession [09:38] ➡️ Going from side hustle to full-time Founder [11:47] ➡️ Spotting burnout and the importance of routine rest [14:01] ➡️ Freedom vs Security as a first-time Founder [15:00] ➡️ The decision that almost led to the loss of her house [17:19] ➡️ Exiting her business and navigating what’s next [20:00] ➡️ Making the shift from COO to CEO of Trouva [27:48] ➡️ The collapse of Made.com and leading with kindness [30:24] ➡️ Roulette question: Working as a Venture Partner and the Founders she backs [40:13] ⛳ Helpful links:➡️ Connect with Dimple: https://www.linkedin.com/in/dimple-patel-uk/➡️ Find out more about Trouva: https://www.trouva.com/ 🤫 P.S Has our podcast ever made you feel something? Like properly made you stop and FEEL the feels... Maybe it has opened your eyes to a new industry? Maybe it has inspired you to start your own venture? Or maybe it has you nodding along as you relate to so many of the challenges that our Founders have faced.... 🤝 Connecting, human to human, with our audience is absolutely paramount to our work behind the scenes at 40 Minute Mentor, which is why we would (shamelessly) love to have your vote in this year's Great British Podcast People's Choice awards. 🏆 1. Click here: https://www.britishpodcastawards.com/voting2. Type in '40 Minute Mentor' 3. Job done ✅ Your nomination would mean the world to us, so thank you in advance! 💙(You have until 5th Sept!) ⭐Enjoyed this episode?⭐️Keep up to date with all our latest episodes, by hitting the subscribe button on your favourite podcast platform. And for any feedback on what you enjoy the most and ideas on what we can do to make 40 Minute Mentor even better, please leave us a review on https://ratethispodcast.com/40mm Learn more about your ad choices. Visit megaphone.fm/adchoices