What is the first question come in your mind?
Have this bloody writer made millions by his own idea or just wasting my time.
Frankly speaking no, my dear friends . But Yes I have invested my whole life saving in this business. just around 1 million INR :). And I am sure I can make millions through this business.
I could have made millions in this business if someone had told me earlier about this business .
Unfortunately I was also born in a middle service class family , like YOU . My father is retired humble teacher , who believes in government jobs or in private jobs.
Mostly we think that, to start a business we need a shop at decent location, large amount of money from credit sources or hard earned money.
24 hours labor to monitor the business to make clients and have to retain those crazy customers.
Really speaking things are difficult in business for people who like to see a salary coming in bank account on every 1st of month. Who like to work for 9 hours and after that they don't think about the work. Who like to play with kids after 5pm in the evening .
Indeed we need at least INR 500000 to make net profit of INR 500000 , considering the profits are maximum possible . If we go for the average and worst case then things will become more complex and tedious. Licenses , permits , crazy employees .
Yes when you become employer then only you will understand how must one day leave cost to his employer :).
So now lets come to discuss my business Idea.
When rich people don't want to bear the pain of developing a business from scratch they buy a good running business. Which is called Acquisition in the languages of business. Throw INR 10 million and nicely established medical shop is yours, generating cash of 1 Million INR per year.
My idea is to buy a running business , which is already well established and generating good cash.Team of Experts and Professionals working 24x7 for you. Ratan Tata , Anil Ambani , Mukesh Ambani or Sunil Bharti Mittal. You decide whom do you like to work for you.
Yes your guess is right , I am going to ask you to INVEST in share markets.
Don't close the page .. be a man .. be a sport.
Let me explain you the bright side of the share markets, you can decide whether you want to eat you PIZZA or you want to invest that.
I had 45000 rupees in 2001 , I wanted to buy a shop in a good market of Agra. I couldn't get any decent shop at decent location for less than 200000 rupees. Finally , I end up with a new Caliber Croma bike :) and now I realize what a waste of money.
I could have bought a group of companies with that money. Had I invested in Reliance growth mutual fund (Growth option) , I would have got 1100 units in at NAV of 40 rupees. After 3 years it would have become 22000 rupees ... He He He He He ..
Got scared . In business you must have faith and patience.
One prudent business men will invest another 45000 to buy more business and more customer , when business is coming for cheap . If I had invested another 45000 at that time than I would have 20,00,000 rupees today.
And If I simply waited without investing more in BUSINESS I would have something around 6,00,000.
Mind it. Don't call me crap. 45000 is not a cost of large Pizza .
Coming to that point.
SIP : Systematic investment plan .
you could have start SIP of 500 rupees per month (cost of a large pizza , Punjabi Paneer 495 rupees). And in this way by today you would have invested 60000 rupees and its value would be something around 7,00,000.
This is considering the fact of 2 recessions , 9/11 , Mumbai attack , Kargil war etc.
Or you could have started buying shares of RIL or SBI or Infosys or HCL or Bharti in every 2-3 months. You would have more than 7,00,000 .. But you don't have skill to pick the right share .. so better share your profit with mutual fund managers and sleep tight in night.
Do you know bank interest rates in America , UK and Australia?? Mere 0.25 % to 3.25% .
With in 5-7 years you will see similar kind of Interest rates in India . And you will see your money decreasing day by day in FDs and those who start today in share markets learn the secrets by that time.
you need time to learn share and mutual funds because experts in TV channels and mutual fund managers are more interested in their own profits , only few of them give right advise. Better to learn early and by doing it by your own hand. Start late and regret like me . Had someone told me that this earlier. I would have become millionaire .
