Ep 187 - The Hustle Behind Kraver's Canteen

May 15, 2022 Hustleshare Podcast

EPISODE INTRODUCTION

After recently raising $3M for their Series A, Victor Lim of Kravers Canteen joins us in this episode to share how their cloud kitchen have grown exponentially over the past 2 years. Victor will share how he grew up in the states and how his first hustle took him to stints all around the world to work in E-Commerce. He will also share how he failed in his first business and how he went to the Philippines to work in Coins.ph and eventually launching Kravers Canteen. Victor will also share the challenges they had to overcome starting during the pandemic and how they scaled during lockdowns all the way to how they got Quest VC to make their first investment in the Philippines through their $3M Series A.

GUEST LINKS

Follow Victor Lim on LinkedIn

Find more about Kraver’s Canteen on their official website.

EPISODE TOPICS

[3:41] What’s Your Hustle?

[5:08] Hustleshare Time Machine

[5:43] Victor’s Early Influences as a Korean-American

[18:02] Lessons He Learned After Hustling Hard

[29:40] Failing From His First Startup

[34:13] Working For A Company After Failing His Own Startup

[51:28] First Little Wins

[59:03] Getting the $3M and Scaling

[1:03:11] Raising The First Investment

[1:09:23] Operating In A Cutthroat Environment

[1:12:26] What’s Next For Kraver’s Canteen?

Jargons used

Proof of concept - evidence, typically derived from an experiment or pilot project, which demonstrates that a design concept, business proposal, etc., is feasible.
Cloud kitchen - utilizes a commercial kitchen for the purpose of preparing food for delivery or takeout only, with no dine-in customers

QUOTES FROM THE EPISODE

The biggest mistake was trying too big. For most startups, you have to do it brick by brick.
When you’re starting out, you have to show the proof of concept.
We can’t bite off more than we can chew. That’s why it’s important to have strong co-founders who can disagree with you and tell you when you’re being crazy.

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