Empowering Women in Business: The Story of Shreemi Panandikar and Silverline World

Ms. Shreemi Panandikar, a dynamic and enterprising businesswoman, has emerged as a shining example of success and determination in Goa's business landscape. Ms. Shreemi Panandikar is Silverline World's proprietor, specializing in Printing, Branding, and Signage. After gaining a considerable reputation in this field, Silverline World ventured into Interiors and Exteriors, wherein they are involved in Designing any space viz commercial as well as residential space and execute it all under one roof. Panandikar has overcome numerous challenges to carve a niche in a male-dominated industry.

Panandikar's entrepreneurial journey traces back to a prophetic statement by her late father, Shrikrishna Laxman Pai, who recognized her potential to become a businesswoman during her high school years in 2005. Inspired by her father's belief, she embarked on her entrepreneurial path by designing pamphlets, brochures, and logos. However, her initial foray into the industry left her unsatisfied, as she lacked formal training in fine arts.

In a fortunate turn of events, Panandikar had the opportunity to meet Ms. Tejashri Pai, the CEO of Chowgule Industries Vehicle Department in Goa. Recognizing the potential for collaboration, Panandikar pitched her graphic design services to the company. After submitting an official quote and engaging in thorough negotiations, she secured her first major order: manufacturing and installing signage for the company.

This breakthrough marked the turning point for Silverline World, thriving for 16 years. The company specializes in providing end-to-end solutions, encompassing both design and execution, for commercial and residential spaces. Their team comprises Carpenters, painters, electricians, civil, false ceiling, Flooring, Wallpapers Fitters, Aluminium partition/cladding, Shera Cladding, Fabrication, Railings Signages, lighting, etc.

Silverline World has garnered an impressive client roster over the years. Panandikar has undertaken notable projects such as designing product display areas for esteemed companies like Crompton Greaves and Sandu Pharmaceuticals. Panandikar has cemented her reputation as a reliable and innovative entrepreneur by consistently delivering high-quality work and exceeding client expectations.

As a female business owner in a male-dominated industry, Panandikar acknowledges the gender bias that exists. However, she firmly believes that women possess exceptional mental strength, contributing to their success. In Goa, where few women venture into her work, Panandikar stands out as a trailblazer. She garners respect from her peers and colleagues, as gender becomes inconsequential when focused on completing tasks and delivering outstanding results.

Panandikar's success can be attributed, in part, to her remarkable networking abilities. Her affable and extroverted nature has allowed her to build a strong presence in Goa's business and social circles. Recognizing the power of networking, she actively engages with people, forging connections that have been instrumental in growing her business. She had been a committee member of GOA CHAMBERS OF COMMERCE & INDUSTRY WOMENS WING (GCCI-WW) for the last two terms. Joining organizations like BNI and participating in various business associations in Goa has further expanded her network and facilitated mutually beneficial partnerships.

Strategic investments in infrastructure have bolstered the growth of Silverline World. 2016 Panandikar received a loan of Rs 25 lakh from industrialist Mr. Narayan B. Bandekar, the Managing Director of NRB Group, after presenting her project report. This financial support enabled her to acquire state-of-the-art equipment, including a large-format digital printing machine, a laser cutting machine, and a channel bending machine. With these investments, Silverline World has complete control over its operations and can deliver superior-quality products and services.

 

Managing a successful business while juggling personal responsibilities requires exceptional time management skills. Panandikar dedicates just two hours a day to herself, one hour in the morning and one hour at night, while the rest of her day is dedicated to running her business. Her day begins at 8 am with outgoing calls to her technicians and laborers, ensuring they reach the project sites on time. Before that, she contacts her clients to inform them of the team's arrival the following day. From there, Panandikar spends her day visiting multiple project sites, overseeing the progress, and ensuring the work is executed to the highest standards.

Panandikar's team, consisting of dedicated technicians, laborers, and vendors, has been the backbone of Silverline World for the past 15 years. She values their commitment and considers them to be an integral part of her family and company. With the safety of her team as a top priority, Panandikar personally ensures that all necessary safety measures are in place before any risky task is undertaken. Providing safety belts, helmets, and properly constructed scaffolding is paramount to her, especially when working at heights or during challenging weather conditions like monsoons.

Maintaining a cool and composed demeanour in front of clients is another aspect of Panandikar's professionalism. She believes projecting confidence and a positive attitude instils trust in her clients. Being the face of her business, she understands that her clients' confidence in her work is crucial, particularly in a line of work where risks are involved. She aims to assure her clients that their projects are in capable hands by remaining calm and focused. Below are some of her works.

 

Managing pressure is an essential skill that Panandikar has honed throughout her journey. Balancing work and personal life demands, she relies on her multitasking abilities to navigate her responsibilities effectively. She firmly believes women excel at multitasking when determined and focused on their goals. From the outset, Panandikar was motivated to establish her identity in society and achieve financial independence. She also wanted her children to be proud of her, leading her to efficiently manage her home and office responsibilities.

Panandikar's dedication to punctuality and discipline has also significantly impacted her success. She recognizes that time is a valuable resource and that she adheres to her schedule meticulously. Prioritizing health, she devotes time to yoga, walking, cycling, and trekking activities. Maintaining her physical and mental well-being is crucial to her overall success.

Furthermore, Panandikar emphasizes the importance of instilling responsibility in her children from a young age. By involving them in household chores, she creates an environment where they can contribute to the smooth running of the home, allowing her to focus on her professional endeavours.

Panandikar's journey inspires aspiring entrepreneurs, particularly women aiming to break barriers in male-dominated industries as she continues to lead Silverline World and take on new challenges. Through determination, networking, and a commitment to quality and professionalism, she has built a thriving business empire in Goa, leaving an indelible mark on the local business landscape.

 

Founder of Silverline World                                                         

 ~ Shreemi Panandikar

 

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