Founder Magazine Team
Piyush Bhansali, a visionary entrepreneur and the founder of Nakoda Events, has carved an exceptional niche in the wedding planning and events industry. His journey began at the age of 22 when he embarked on the entrepreneurial path, leaving behind a promising job in the finance sector. Armed with an MBA in finance and marketing and a passion for creating something extraordinary, Piyush saw an opportunity in an industry with limited players in Jodhpur, Rajasthan.
The Genesis of Nakoda Events
Established in 2012, Nakoda Events started with a humble beginning, driven by a mission to redefine the wedding planning landscape. Piyush faced initial hurdles, especially in securing capital to kickstart the business. The first breakthrough arrived with the execution of an exhibition, which provided the necessary funds to set up the office, print promotional material, and lay the foundation for the company’s operations.
Despite initial skepticism from family about his decision to pursue entrepreneurship, Piyush remained resolute, promising to make them proud. Within six months, his relentless dedication and hard work yielded tangible results, earning their support and confidence in his vision.
Nakoda Events: Transforming the Industry
Nakoda Events has evolved into a comprehensive solution provider for weddings, corporate events, social gatherings, and birthdays. Piyush’s visionary approach led to diversification into allied sectors like photography and catering, anticipating future industry trends and seizing opportunities for growth.
The company’s uniqueness lies in its innovative designs, thematic approaches, and unparalleled attention to detail. Piyush’s commitment to providing personalized experiences for clients and constantly striving for excellence has set Nakoda Events apart, making it a leader in the market.
Overcoming Challenges and Learning Curve
Piyush encountered numerous challenges, including familial disapproval and entering a market with limited competition. However, his determination, coupled with a penchant for learning, enabled him to navigate these obstacles. His ability to take calculated risks, focus on brand-building, and prioritize customer satisfaction proved instrumental in overcoming hurdles and achieving success.
Lessons and Vision for the Future
For Piyush, entrepreneurship has been a continuous learning process. He emphasizes the importance of perseverance, the willingness to learn from mistakes, and the resilience to face adversities. His vision for Nakoda Events involves further expansion, branching out into other states, and diversifying into additional sectors within the wedding industry.
Words of Wisdom
To budding entrepreneurs, Piyush offers invaluable advice: dedication, hard work, and unwavering commitment are the cornerstones of success. Embrace every challenge as an opportunity to learn and grow. He advocates for a focus on brand building and customer satisfaction while encouraging continuous self-improvement.
Recognition and Awards
Piyush Bhansali’s accomplishments haven’t gone unnoticed. He has been nominated for prestigious awards such as Entrepreneur in Wedding Planning by Entrepreneur India and Small Business by Franchise India. His crowning achievement came with the Entrepreneur of the Year in Wedding Planning at the Fusion Glory Awards, validating his unparalleled contributions to the industry.
Piyush Bhansali’s journey from a determined young entrepreneur to a trailblazer in the wedding planning and events domain stands as a testament to resilience, dedication, and unwavering commitment to excellence. Through Nakoda Events, he continues to redefine the industry’s benchmarks, inspiring others to dream big and pursue their entrepreneurial aspirations.
