
2 minute read
MANSHA PLAN WITH
from LAPSOFLUX - 002
by LapsofLux
Tav Malhotra

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Q: In the face of failure or setbacks, how do you maintain your resilience and stay motivated to persevere with your entrepreneurial journey?
TAV: Sit with your emotions. This too shall pass, as the saying goes. You don’t fail when you learn from a situation. You fail when you give up. Take failure and setbacks as one more clue toward figuring out the puzzle. Never stop trusting yourself
Q: Best financial advice you can provide the everyday person?
TAV: Invest in yourself. Look the part, feel the part, and put yourself in a position to meet the caliber of people you want to meet. Successful people only want to deal with like-minded people.
Q. How do you balance calculated risk-taking with maintaining the stability and continuity of your business operations
TAV: Taking risks is how I got here, no different than most of my clients. But at stage, it’s about employing smart people to protect what I’ve built. When I had less to lose, it was easier to keep rolling the dice. Now you have to think twice, thrice, and a fourth time about the ripple effects of every outcome
Q: Tell us about your love for the NBA, ?
TAV: I just love the game. The excitement and energy of being in a stadium. The people I’ve met and the experiences I’ve had with the game, I’m so grateful. The league has taken me on a journey from being a fan to learning the business of basketball and being able to solve problems for athletes and entertainers. It truly is the greatest league in the world and basketball is one of my true obsessions
Q. Give us some insight on your Pro-Am in Toronto & Vancouver? How much does financial literacy mean to athletes & entertainers coming into the industry?
We do it for the kids, really.I remember not being able to afford a ticket when my favourite players were in town and the Proams open that up. This platform has brought out the likes of Scottie Barnes, Malachai Flynn, Isaiah Thomas, Prayton Pritchard, Darius Garland, Metta World Peace, Dennis Smith Jr, Kenyon Martin Jr, and a list of several NBA players to local courts in Toronto and Vancouver. It’s been the biggest summer showcase of basketball annually. Period. We use the platform to raise funds for youth financial literacy programs tailored to student athletes. We’re thankful for Ekam Nagra and Ball Don’t Stop for partnering with us to help local communities

Q. What strategies do you employ to foster innovation and keep your products or services relevant in a rapidly changing market?
TAV: The short answer is, I employed my son/CEO - Jagneet Malhotra and nephew/COO - Hardi Anand. Their young bright minds keep me ahead of the curve
Certain fundamentals will always stand true in any environment so I’ve always kept a good range of people around me. I have friends 20 years older than me and 30 years younger than me, which gives me exposure to future while maintaining the the principles of business in any environment . For me, day to day fundamentals combined with a persistence to innovate the future is the key to staying relevant
RAPID FIRE WITH TAV:
Trait that makes a good leader: Leading by example Best Athlete of All Time: Kobe Bryant
Top Sports Car: Buggati
Favourite Travel Destination: Lake Cuomo
Top 3 Fashion Brands: Balmain, Louboutin & Armani
1 thing we need to know about financial literacy: How compounding works
Top NBA Experience: My birthday espresso martinis being spilled courtside, a moment that ended up on national television, embarssingly
Biggest motivation: Today’s the the healthiest and youngest I’ll ever be.



