Rish Sharma

Founder of Mallama

Rish’s passion is for building impact DTC businesses which can be traced back to his young days. Whether it was a starting his entertainment company in High School or co-founder at Q-See. He has been on an entrepreneurial path from the start. The reason? He likes getting people excited about the things he is passionate about. Right now, that’s Mallama Skincare.

Outside of the office, He committed to charitable causes through 1% Percent for planet and MADE SAFE . He is looking to challenge myself with new activities and hobbies, he recently picked up Guitar, Surfing, and Improv . He is currently trying my hand at podcasting with Mallama Presents Take Care Podcast. Connect with him over Instagram for networking, career opportunities, and more!

Where did the idea for Mallama come from?

People always ask me where the idea for Mallama came from and like all great business ideas that came from a personal problem.

My problem.

I was working all night for weeks at my family business, a couple of years ago and my face started to literally break out from the stress. So I looked for solution and became overwhelmed by all the products out there.

I ended up texting all of my friends to see what kind of skincare products I should buy, and all of them said, don’t get the one I have.

I hate it. It’s so harsh on my skin.

So, I decided to do something about it.

What does your typical day look like and how do you make it productive?

Typical Day actually starts the night before, I carefully go thru my Calendar and Agenda plan out the next day.

Since we are all in the era of COVID, my schedule has been the following get up around 5 am, Make some coffee and have a Class a water, then I am off from my morning walk then I come back have healthy breakfast . This could be Protein Shake or could be eggs and greens. Once I have ate, I will do my resistance workout. Following my resistance workout, I will Mediate and Do my Gratitude Exercise. Then I will shower and Start the day.

Each day has founder changes day to day, but each day will include reviewing customer questions, reviewing the digital Analytics, and working with our logistics partners to ensure all the packages get out the door.

How do you bring ideas to life?

Ideas come into my life in two ways

1) During my walks an idea will come to me, So I will write out my thoughts on the idea in the Day One journal App.

2) After I meditate or take some quiet time an idea will come to me and again I will write in my Day One Journal App

What’s one trend that excites you?

The Democratization of Wellness, I am really excited to see from Personalized medicine to the consumer products and apps we purchase wellness is become more accessible and being a higher consideration in the culture. We still have aways to go ensure that everyone has access to these products and services, but it exciting to see how far this trend will go.

What is one habit of yours that makes you more productive as an entrepreneur?

I’ll do you one better and give you 3 habits.
1) Mediate
2) Move Your Body Daily
3) Sleep

What advice would you give your younger self?

Feed your Curiosity, Run experiments regularly, Take that Risk. Regret is poison.

Tell us something that’s true that almost nobody agrees with you on.

I think most believe that nice guy finish last, but actually Empathy & kindness are the most important skill in Business and life.

As an entrepreneur, what is the one thing you do over and over and recommend everyone else do?

Start a Podcast Today, We are still in the early stages of podcasting and it is an amazing great vessel to build your personal brand, network with high profile guests, and demonstrate to your audience your expertise.

What is one strategy that has helped you grow your business?

Providing High-Value Content to our audience before we make our “ask “. We provide Weekly content every week from Podcasts to Blog Posts to Newsletters to help our customers. Once we have earned the trust of our audience then we look to make ask for the purchase.

What is one failure you had as an entrepreneur, and how did you overcome it?

Not enough companies are prepared for disruption. I have seen firsthand the power of disruption upon an unprepared industry. While leading Q-See, he said that when Ring and Dropcam came on the scene and disrupted the home surveillance category, Q-See wasn’t fully prepared.

I think that maybe Q-See was slightly “overly romantic” about traditional home surveillance, and we didn’t’ believe customers were ripe for change. But, as we’ve all discovered, technology has disrupted every industry.

What is one business idea that you’re willing to give away to our readers?

GoodRx for Medical Services & Surgeries

What is the best $100 you recently spent? What and why?

Fitbod & Headspace Subscription – They together product both Wellness for my Mind and Body which are so crucial for life and business. They allow you to the stamina to make through the marathon of life.

What is one piece of software or a web service that helps you be productive?

X.AI – AI Scheduling Service. I use this service to schedule all of my meetings and podcast interviews. It saves me tremendous amounts of time each week. No More back and forth on coordinating schedules.

What is the one book that you recommend our community should read and why?

Principles by Ray Dalio – It is will single-handedly change the way you approach business and life.

What is your favorite quote?

Personal- “I am not who you think I am; I am not who I think I am; I am who I think you think I am ” Cooley

Business: “The hardest thing when you think about focusing. You think focusing is about saying “Yes.” No. Focusing is about saying “No.” And when you say “No,” you piss off people.” – Steve Jobs

Key Learnings:

• How Wellness, both mental and physical, makes You A Prime time Performer
• How to prepare for disruption in your industry
• Why Empathy is the strongest skill in life and business and Regret is Poison.