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Harsh Patel launched his first entrepreneurial venture, Water and Shark, at just 19 years old while pursuing his career as a Chartered Accountant (CA). Ten years later, the company has become a rapidly growing global CPA and legal consulting firm. “I realized that there was a big difference between how Indian CA companies and his CA companies around the world operated. We needed to create an ecosystem where Indian CA companies could operate across different countries. ”
To gain work experience and financial support, Patel signed up for a summer internship. During this journey, he realized the pivotal role of his CA (Certified Accountant) in establishing a meaningful presence in society. “Understanding the importance of financial expertise and its impact on social perception, and driven by an ambition to make a lasting contribution to the world of commerce and finance, I set out on the path to founding my own venture. I started it,” said Patel, who is also a lawyer. .
So what makes the Water and Shark concept different from others in the entrepreneurial world? “It emphasizes continuous improvement and is the foundation of unwavering optimism for the future. This characteristic mindset sets my concept apart as it embodies constant evolution towards a better future,” adds Patel.
The startup boasts over 500 customers in countries such as the UK, UAE, Singapore, and India. Its customers range from unicorns to multinational corporations, royal families and government agencies. In 2023, he achieved important milestones such as joining the Forbes Business Council and obtaining his legal license at the DIFC Dubai Courts.
Mr. Patel has also won awards such as ‘UAE’s Youngest Icon’ by India Today and ‘Most Boldest CEO’ by Entrepreneur Magazine.
While talking about the financials, Mr. Patel shared that Water & Sharks achieved break-even on the first day and said, “It was not an immediate profit, but it is a natural part of our growth strategy.” “Global expansion requires initial investment and may involve some losses, but our long-term benefits continue.” “The long-term vision is focused on overall profitability. As we grow our presence in various countries, the overall trajectory is to ensure a sustainable and healthy financial position for our global consulting firm. It will be one of success.”
In the future, the company aims to expand its network by adding more partners and collaborating with companies from various countries. “To achieve 10x growth, we plan to leverage various technological advances, execute strategic initiatives, and engage in global cooperation and acquisitions. and solidify our important position in the industry,” concluded Mr. Patel.
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