40 Minute Mentor

August 23, 2023

Lessons Of Resilience: Scaling Love Koffee To Exit and Living Through Made.com’s Collapse with Dimple Patel, CEO of Trouva

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.

“We had one month to refinance the business, or lose our home…”

Dimple Patel

Tune in to discover

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]

Audience Question: Working as a Venture Partner and the Founders she backs [40:13]

Listen on

Helpful links

➡️ Connect with Dimple: https://www.linkedin.com/in/dimple-patel-uk/

➡️ Find out more about Trouva: https://www.trouva.com/

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