How do you value the work that sets the foundation for your dream?

Rainmatter Health
1

In August 2020, I took a leap of faith. After years in the insurance industry, I started my journey as an entrepreneur with a proprietorship firm focused on solving everyday health issues through food supplements. The idea was simple: address common health concerns not with generic or over-the-counter medicines but with something more natural and sustainable—Infuser Mix, a tea-like supplement for daily wellness.

:star2: The Problem:
When starting out, I had a vision but no roadmap. How do you turn an idea into a solution people trust? The answer lay in meticulous research, product formulation, and real-world testing.

:sparkles: The Promise:
Two years and 20,000 samples later, we built a client base of 1,500 satisfied customers. This gave me the confidence to go one step further—establishing Well O Sip Tisanes Pvt. Ltd. to scale this vision.

:white_check_mark: The Proof:
Our customers’ growing trust in the product proved that the groundwork mattered. Feedback was invaluable, helping us refine the product and build credibility in the market. This foundation now supports our next chapter.

:handshake: The Proposal:
Now, I’m faced with a critical decision: how do I merge my proprietorship firm into the Pvt. Ltd. company? More importantly, how do I value the efforts and groundwork from those early days?

If you’ve walked this path before, I’d love to learn from your experience. What factors should I consider when valuing and transitioning my proprietorship firm?

Your insights could shape the next phase of Well O Sip. Let’s talk in the comments.

2

Great to see you on the forum Siva ! Your experience in the insurance sector will undoubtedly provide valuable insights to many of us here, especially in selling and marketing.

I went through a similar transition with Lowkal, starting as a proprietorship and later converting it into a private limited company. We accounted for the time and groundwork as development costs incurred by the proprietor and mutually agreed upon a fair valuation.

Happy to share more details if needed—wishing you the best as you navigate this transition

3

Hi Vinod,

Thank you for the warm welcome! :pray: It’s inspiring to hear about your journey with Lowkal and how you managed the transition so strategically. :clap:

The idea of accounting for the groundwork as development costs and aligning on a fair valuation sounds practical and well-thought-out. I’d love to hear more about how you approached this process, especially any key challenges you faced and how you tackled them.

I’m sure your experience will be incredibly helpful as I navigate similar waters—thank you for offering to share more details!

Looking forward to learning from your insights. Cheers!