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Ace-MBA-A-EnI-AbhishekLaxmiPayal-Assignment IV
Ace-MBA-A-EnI-AbhishekLaxmiPayal-Assignment IV
Submitted to
Mentor
Abishek Joshi
Laxmi Mainali
Payal Agrawal
Baneshwor, Kathmandu
Acknowledgement
We would like to express our sincere gratitude to Mr. Sohan Babu Khatri, Mentor of
Entrepreneurship and Innovation, for providing us the opportunities to conduct this project
and prepare the report. We would like to thank him for his guidance throughout the project.
In addition, we would like to extend our gratitude to Mr. Tashi Gyalzen Sherpa, Founder,
Metro Mask for his valuable time and for sharing his entrepreneurial story.
Table of Contents
Chapter I ................................................................................................................................... 1
Chapter II ................................................................................................................................. 3
............................................................................................................................................... 6
Chapter IV ................................................................................................................................ 9
Chapter V ............................................................................................................................... 10
The report is prepared based on our interview with Mr. Tashi Gyalzen Sherpa. Mr. Sherpa is
the founder of Metro Mask. All the details below are based on the information provided by
Mr. Sherpa in interview on Friday, May 17th, 2019.
1.1 Introduction
Tashi Gyalzen Sherpa never leaves home without his palm-sized air pollution monitoring
device. On his iPhone, he has four apps that give him timely updates on the level of air
pollution in Kathmandu and in major cities around the world. Ever since he launched
Metro-Mask in 2015, a high-tech anti-pollution mask designed in Nepal and
manufactured in China, Sherpa says he has become obsessed with air pollution.
“In my family circle, I am known as the guy who can’t stop talking about anti-pollution
masks and air pollution,” says Sherpa. This case is about entrepreneur Mr. Tashi Gyalzen
Sherpa which includes the entire story of his venture “Metro Mask”. The interview was
scheduled at NOYA Boutique Hotel, Gairidhara which lasted for three hours and those
hours were worth it.
As MBA students, it is pertinent for us not to be bound by books and theories of
entrepreneurship and live the experience of entrepreneurship through a horse’s mouth.
Hence, this case profile deals with the entrepreneurial experience of Mr. Tashi Gyalzen
Sherpa. We have tried our best to summarize his entrepreneurial story since 2015 through
this report.
1.2 Methodology
This is a qualitative study and the data were collected from primary resources. Also
secondary resources were used when required (i.e. e-news, websites and social media).
We met the entrepreneur himself at scheduled time. The objective was to write journey of
an entrepreneur for which we required lots of authentic information which was effective
by listening to the person himself. A questionnaire was prepared in advance and was sent
to the entrepreneur on the basis of which, we set the direction for the interview. The
interview lasted for three hours and we were able to take the audio record of an interview,
short video clip of Entrepreneur and group photograph as well.
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1.3 Background of the entrepreneur
Mr. Sherpa was born in 1980 in Kathmandu and completed his higher education from
Campion College. For the further studies he went U.S. for Fashion Merchandising
Management which is a business degree. The degree is focused in marketing and
management for fashion industries at Fashion Institute of Technology (FIT) in New York.
In FIT business school he gained knowledge related to product development, fabrics, and
overall ins and outs of fashion industry. During his stay in New York, he was interned as
designer assistant for six months at Tiffany which is an American Luxury Jewelry and
specialty retailer. He was fortunate enough to get additional internship at a Company of
men’s wear called Perry Ellis in belts department as a product developer.
After completion of his bachelor’s degree, he was facing difficulty to get a job because he
was a foreign student. He was jobless for almost 7 months which was a stressful moment
in his life. And as we say that it’s never too late, he got job at Saks Fifth Avenue clothing
department store as a “Buyer’s Assistant” where he worked for 2.5 years. After 9 years of
long journey in abroad he came back to Nepal with bag full of experience and exposure in
the field of product development as well as fashion industries. He started working for
Anta a sportswear franchise from China as a CEO for 3 years. During his tenure he
studied a lot about Nepalese market and was able to connect with various business
people. The keen observation in Nepalese market and networking helped the franchise to
grow faster. His role at ANTA Nepal required him to travel a lot around the city to
inspect locations for new stores and oversee construction work at stores that were being
set up,” says Sherpa. “I did most of my travelling on motorcycles, and that exposed me to
a lot of dust and pollution.” By the time he left Anta, he was able to expand its outlets
from single store of Thamel to nine store within valley which was the only way to grow.
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Chapter II
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2.2 Experience and Networking brought him success
The confidence for Metro Mask was the result of his years of experience working for
retail brands like Tiffany & Co, Perry Ellis, and SAKS Fifth Avenue, all in New York, in
diverse roles such as designers’ assistant, product development assistant, merchandise
assistant, and analyst which motivated him to go on.
“Working for these brands exposed me to the highest working standards and gave me in-
depth knowledge on everything from researching raw materials and working with
designers and vendors to analysing the performance of different stores,” says Sherpa. In
Nepal, his stint at ANTA familiarised him with the dynamics of the local market that
helped him to bring the Metro mask into lime light.
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Chapter III
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Metro Urban Mask: Rs.1500 with 2 filters
Air pollution has become a serious issue in Nepal because it affects everybody. “People
should know more about these factors to stay away from air pollution as its adverse
impact takes a toll on their health. It is taking time, but the awareness among the people
about air quality is gradually becoming visible in Nepal,” he says.
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3.3 One Man Army
While most startups move forward with a team with experts in different fields, Mr.
Sherpa is running Metro-Mask mostly by himself. From dealing with vendor to buyer,
designing, financing everything he his managing himself. He personally visits China and
give the specifications for the mask to the experts. When we asked him why not in Nepal,
what he said was that people here in Nepal are not specific in making the mask as
prescribed, people here lack expertise, also we lack technology thus Metro mask is a
product designed in Nepal and manufactured in China. The services like graphic design
and photography, delivery services were outsourced from different firms and freelancers
as required. The company recently hired a full time delivery personal for online orders
and to deliver products to the 45 retail outlets across Kathmandu. He manages social
media, looks after the orders, and takes on the advertising part as well. “I don’t always
need these services so, I take their services only when needed,” he expresses. What he is
doing right now is on his own.
3.4 Clientele
Sports stores, bicycle stores, clothing stores and departmental stores are the company’s
major clients and the orders are delivered to their doorsteps. “From my personal
experience, I know that people don’t go on searching for pollution masks. But if they see
a good one, everyone would want to own it,” Mr. Sherpa opines. Our latest range of
masks is also available at five major outlets of Big Mart and all KK Mart outlets. The
masks are also available at all ANTA stores, leading online shopping sites (daraaz),
Himalayan Java outlets, and can also be ordered through the company’s social media
platforms.
Apart from these outlets, students are the major users of Metro mask. Students have to go
to college every day in bike, scooter and buses and the solution to beat the pollution and
dirt is Metro mask for them.
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mask they need against air pollution,” he shares. He says that Metro-Mask does not spend
much on advertising but sales have been picking up mainly via word of mouth and online
marketing.
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Chapter IV
4.1 Analysis and Conclusion
Mr. Sherpa has zeal and tolerance enough to start his dream while performing a regular
job. Additionally, the big 5 personality trait as well can be justified by his extroverted
nature, openness to experience and reflective nature. His well-mannered nature
determines his agreeableness and his hard work along with determination reflect his
conscientiousness.
According to Mr. Sherpa, there are huge prospects in Nepal for doing business. Even just
copying the business from other countries carries large opportunities. There are so many
ways to bring disruption in the Nepali market. Metro mask is something that people are
least willing to pay for it. In a country where surgical masks and cloth masks with no
filtration are available widely and cheaply, Metro-Mask’s products are quite expensive
and beyond the purchasing power of many and Nepal is the place where people spend Rs.
10 to Rs. 50 for a mask and Mr. Sherpa brought the Mask that would cost Rs. 1500. It
was difficult to convince the people to purchase the mask.
Raising awareness about air pollution, Sherpa says, is crucial. Metro-Mask’s social media
pages have multiple posts about Nepal’s air pollution. Being aware of air pollution,
Sherpa says, has left him with a moral weight to make his masks more accessible to the
masses, which means making them more affordable.
One of the sentences that struck us during the interview was, “Take feedback from your
customers but make your own decision because you cannot make everyone happy”.
Likewise, his advice to future entrepreneurs was not to rush into anything, everything
takes time.
Similarly, his behavior of not waiting for perfect moment and making the most out of the
present resources reflects bird in the hand principle, an entrepreneurial theory. To add
more, he saw a need gap, mask to protect from pollution, and acted on it rather than
defining problems and choosing the best option to solve it.
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Chapter V
5.1 Recommendation
Many customers told Sherpa that they found his Moto Mask quite expensive. The Moto
Mask was made using high-grade neoprene fabric, which, Sherpa says, was what many
popular anti-pollution mask manufacturers used. “I decided to follow the global trend,
which I very soon realized isn’t always a wise thing to do. I learnt a very valuable lesson.
Whether I am choosing fabrics for my masks or working on designs, I have to always
keep my customer base in mind,” says Sherpa.
What we can recommend is some people frequently ask mask for small children as well
as different in color as black. Variety in color should be brought to satisfy some section of
customer. Talking about price it is quite expensive but not expensive than using cloth
mask and changing it regularly.
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Annex
Questions
1. Could you share your story or journey that how you came to this position today?
2. How did you get your idea or concept for the business?
3. What made you choose this type of business? How did you build your team?
4. Did your parents approved of doing business? How has being an entrepreneur affected
your family life?
5. Where did your organizations funding/capital come from, and how did you go about
getting it? How did you obtain investors for your venture if any?
6. What were the challenges faced by your start up at initial phase? How long did it took
your business to earn profit?
7. How do you market your business? How are people aware of your business?
8. Do you know who your competitors are? Why do your customers select you over your
competitors?
9. What would you say are the top three skills needed to be a successful entrepreneur?
10. What have been some of your failures, and what have you learned from them? Did
you ever thought of backing out from the business?
12. Do you believe there is some sort of pattern or formula to becoming a successful
entrepreneur? What is your success metrics?
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Source
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