I burnt 300Cr to teach you this | 6 Powerful Steps to Build a 1000 Cr Beauty Brand
Tarun Sharma, co-founder of PEP Brands (mCaffeine and HYPHEN), explains consumer research, unit economics and a six-part approach to beauty-brand building with Ganesh Prasad. Original English notes based on the full available Hindi auto-caption page. Quotes are short translated caption excerpts, not audio-verified verbatim English. Source: https://youtubetotranscript.com/transcript?v=3Qms7gUSTj4. YouTube lists Odoo as sponsor. Revenue, losses and market projections are the speakers' claims, not independently verified. This is business commentary, not investment or skincare advice.

Executive Summary (TL;DR)
Sharma says his team learned an expensive lesson by letting available capital, competitors and channel expansion dictate the business. His preferred order is the reverse: understand a specific consumer, choose a category, find a channel that can make money, then study competition and decide whether capital is needed. He says broad age ranges are not enough to define a consumer and describes founder-consumer conversations as a recurring part of the job. His six-part product sequence is proposition, product, packaging, pricing, platform and promotion. Weak work on the earlier parts increases the burden on the later parts, especially advertising. Test a focused use case cheaply, build healthy unit economics and choose channels that suit the product. A bestseller can still be a bad business if it loses money on every sale. For product-market fit he looks at acquisition costs while scaling, repeat purchases in context and share of a well-defined category. These are his operating rules and examples, not guarantees that apply to every consumer business.