Money & Me: “Reaching the Break-Even Point Has Been a Major Milestone for Our Business”

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Sisters Chandini and Chanchal Guria: A Journey into Wellness with Ekaya Wellness Studio

The Foundation of Ekaya Wellness Studio

In 2022, sisters Chandini and Chanchal Guria embarked on an inspiring entrepreneurial journey in Dubai with the launch of Ekaya Wellness Studio. Their venture stems from a shared passion for health and wellness, a common ground that diverged into separate professional paths before they teamed up.

Career Pathways Before Entrepreneurship

Chandini, 34, initially built her career in journalism after earning a degree in fashion design from the London College of Fashion. She wrote for various publications, including Dubai Week and insydo Dubai, before feeling the burnout of the industry and deciding to pursue entrepreneurship. Meanwhile, Chanchal, 30, explored the world of finance and property management, completing her degree in finance accounting and management at the University of Nottingham.

Journey from Hong Kong to Dubai

The Guria sisters were born in India but moved to the UAE from Hong Kong in 1998 when their father relocated for work. Growing up in the UAE, they witnessed the economic shifts and life lessons that shaped their perspectives on wealth and financial stability.

Financial Insights from Childhood

Chanchal reflects on their early family dynamics, describing how financial ups and downs instilled in them the importance of budgeting and saving. Their father’s shift to a job in Dubai after a business failure in Hong Kong reinforced valuable lessons about resilience. Chandini emphasizes the support system their parents created, which taught accountability and the significance of hard work.

Initial Forays into Business

As they ventured into the wellness industry, they began selling yoga mats and launched Meow Yoga, an e-commerce side project. This initial move was not just a business strategy but a reflection of their commitment to fostering health and wellness in their community. Currently, they reside in The Meadows, Dubai, with their family, managing their business growth from the comforts of home.

Financial Lessons and Advice

Discussing their financial journeys, both sisters offer insights into their attitudes toward money. Chandini shares her experiences of running out of savings too quickly when transitioning from employment to entrepreneurship. For her, establishing financial independence remains a goal, alongside the intention of supporting her family.

Chanchal, on the other hand, has taken a more cautious approach, tracking her expenses meticulously. Her past experiences during the global financial crisis have reinforced her desire to maintain financial prudence even as she pursues entrepreneurial success.

Balancing Spending and Saving

The sisters exhibit contrasting spending habits, a dynamic that adds intrigue to their partnership. While Chandini expresses a tendency to indulge in wellness activities that nurture her well-being, Chanchal embraces frugality, favoring savings without forgoing occasional treats.

Investments and Future Aspirations

As they work to grow Ekaya Wellness Studio, their focus is on long-term investments. Chandini hopes to channel profits into property investments, while Chanchal looks forward to expanding their wellness business, envisioning a second location within the next year and a half.

Key Milestones and Achievements

Seeing Ekaya Wellness Studio reach its break-even point marks a significant milestone for the sisters. This achievement illustrates not only their business acumen but also their dedication to the community they seek to serve.

Cherished Purchases and Meaningful Investments

Chandini finds joy in her Kindle, an investment that enriches her life with countless stories, while Chanchal has recently treated herself to a new Range Rover Velar, reflecting her hard work and success in a tangible form.

Personal Reflections on Wealth and Happiness

When asked about the luxuries they value, both sisters resonate with the idea of time—spending quality moments with family and friends for Chandini, and carving out personal time for Chanchal. This shared understanding underscores that true wealth transcends monetary gains, encompassing relationships and well-being.

Looking Ahead

With future plans set on expansion and personal growth, the Guria sisters exemplify the essence of entrepreneurial spirit. Their narrative serves as a testament to the power of shared vision, hard work, and the importance of family in the pursuit of success. As they continue to navigate the challenging waters of entrepreneurship, their commitment to health and wellness remains steadfast, inspiring others with their journey.

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