Categories
Motivational

Turning Her Passion For Cooking Into Indian Fast Food Business, This Homemaker Earns Rs. 1.5 Lakh/Month

While the pandemic wreaked havoc on some, it also brought happiness and the call for a career for some. We are talking about Seema Makwana from Mumbai, for whom the COVID lockdown was a life-changing period.

Not only has the pandemic given time to the homemaker and the mother of two to experiment with her cooking and baking skills, but also a chance to fulfill her dreams of starting her cloud kitchen- ‘Buns & Deluchas.’

Launched in December 2021, Buns & Deluchas offers a curated menu that is high on taste as well as nutrient value across Mumbai.

Home: Where the Journey Started!

Seema, who is married to an architect, loves to cook delectable buns and other snacks. Starting from her home, she started distributing snacks in her housing society in Kandivali. Without using any kind of preservatives, Seema makes everything from scratch. This makes all the food items from her menu healthy for everyone. Initially, she invested INR 5 Lakh. Today, she has been receiving orders worth INR 1.5 lakh per month on average. However, her journey was not that simple.

A Difficult Childhood

Growing up in a middle-class family, Seema had to discontinue her studies after Class 10 due to financial constraints. After that, I didn’t have much to do, but I eventually became interested in cooking. Due to their lack of education, she did not have high hopes of getting a good job. But when the idea of starting a food business came up, she was confident courtesy of her love for food. Her family also supported her in this endeavor.

Seema’s Mystery Buns

Initially, she started her cloud kitchen with a small curated menu of stuffed buns which were received well by everyone. This positive reaction gave her the confidence to expand the business outside her residential society. She also added more varieties of food to the menu that were set after observing the fact that not many restaurants and hotels offer healthy food.

This idea was instilled by her husband who has to travel a lot. He would often share that it is challenging to find delightful and healthy Indian food while traveling. So she started experimenting with different food items and added several recipes and included them in the menu only after getting a thumbs up from my husband and children.

A wide Variety of Tasty Treats

Buns & Deluchas specializes in handcrafted artisan buns which come with a wide variety of stuffing like exotic vegetables, patties, paneer, and more with equally delicious homemade dips. Vegetarians can enjoy them too as they are eggless.

Other than the savory stuffed buns, Seema also specializes in Deluchas and staffles, which are also the result of her experimentations. She offers sides like potato and banana wedges and desserts like cookies and sweet buns. All their products are priced between Rs 35 and Rs 160. Cheesy chili buns, corn-cheese delucha, pizzaburg delucha, aloo tikki buns, etc are some of the fast-selling products.

Using the Power of Social Media

Earlier, people would share stories and their experiences with others that helped in the promotion of her cloud kitchen. Now, Seema along with her husband Jenis Makwana is using the power of social media platforms like Facebook and Instagram to promote her brand. She has also launched a website through which people can place their orders directly. Along with their website, they are also available on Swiggy and Zomato across Mumbai.

If you know what you are passionate about, you can start following your dreams. However, many people do not realize it at the early stage of their lives. Nonetheless, it is better to follow your dreams, irrespective of the time. Seema Makwana has proved that if you love what you do, nothing can stop you from succeeding in your life.

Want to learn how you can set up your cloud kitchen? The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses. To know more, visit: www.badabusiness.com

Categories
Startup

Launch A Successful Startup In These 7 Effective Steps

Everyone has ideas! While some of them are worth executing, others are probably not so good. And this difference defines the gap between successful startups and the startups that fall flat. But part of living and working in this world is to learn from your own mistakes and others.

You get the chance to see what differentiates successful companies from failed lot. And if you can observe closely, you can learn from others without making the same blunders yourself. Some entrepreneurs choose to consult a business coach, while others choose to learn from their mistakes.

But before we begin to discuss the factors that are crucial for the success of the startup, let’s discuss what it takes to start a successful startup:

a). A Great Idea- The paramount thing which is crucial to building a startup is having a great idea. Without a great idea, your startup will have a very difficult time growing. Along with that a thoughtful business plan and product are also necessary.

b). Passion- Passion can encourage you to conquer greater heights without feeling tired.  If you are not passionate about the business or the product, it will be very difficult to stick with it when the water is rough.

c). Persistence- Even established organizations face challenges. Hence, it is important to be persistent and never give up when it comes to your dreams.

So here are 7 tips on how to start a startup and succeed at it:

1. Build a Product that Resolves a Problem

Innovative, creative, exciting, and imaginative- your product can have all these factors and yet fail to attract customers if it does not resolve any problem that the customers are facing. The most crucial measure of success is the real need for the market that you are trying to serve. The best companies are the ones that meet the requirements of your customers.

2. Have a Business Plan in Place

Before starting a startup, you will need a solid business plan in place. A well-researched business plan is a very important and strategic tool for entrepreneurs. A good business plan not only helps entrepreneurs to know where they are going but also helps them to focus on what is important. It also helps them to achieve short-term and long-term objectives.

Here are five key steps to writing a successful business plan:

a). Describe your target market.

b). Define your business goals.

c). Explain your product or service

d). Create specific marketing and sales strategies.

e). Note down your financial projections & detail the funding.

f). Summarize your overall strategy.

3. Find the Mentors You Need

Once you have established the foundation of your business, you will need professional guidance and expertise to help you navigate the entrepreneurial labyrinth. Don’t be afraid to ask people to help you. You can also work along with the business motivational coach to gain in-depth knowledge and information about your business.

4. Put the Right Team in Place

The vision for your ultimate goal may be yours, but you will need help from others too to get there. To attain your short-term and long-term goals for your business, you will need to surround yourself with the right people who will understand your vision and fit into the culture and mindset of your company.

5. Develop a Roadmap

If you want to go beyond a plan and want to turn your goals into reality, you will need a roadmap. Laying out the roadmap will help you to avoid any unnecessary diversions and distractions.

6. Establish Your Expertise

Writing and speaking about your particular area of expertise is a great way to get your name out there and establish your bona fides.

7. Build Relationships

The success of the business depends not just on what you do, but also on who you know. The key to developing relationships and growing your network is to keep it two-sided and give as much as you receive from others.

Apply these seven tips when you are planning to start a startup of your own. With persistence and determination, you can achieve your business goals. The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses. To know more, visit: www.badabusiness.com

Categories
Leadership Building

These 3 Key Skills Help Powerful Leaders Overcome Challenges!

What constitutes a great leader? What are those essential qualities that make for great leadership? A strong leader can help an organization to stay afloat in the best of times, and in the ones that try us the most. Hence, strong leadership is more important than ever!

Here are three qualities that make for great leadership:

1. A Good Listener

What’s not said is just as important as what is said!

Listening and hearing have a hairline difference between them. Hearing is passive, while listening is active-and the great leader is someone, who understands the difference between the two terms.

A great leader will take cues from all other aspects and help people in the organization who might lack the courage to speak up. Real listening is essential for effective communication. Listening not only involves ears but many other aspects like body language, expressions, and gestures.

2. Take Action Spontaneously

Many leaders talk, but they do not execute and do. And it is doing so that separates the real leaders from the rest. When your words match your actions, people learn to develop trust. It is more impactful when you take action on what you are hearing from your employees. Leaders who act quickly and confidently often must make difficult decisions, and for that it takes grit.

3. Communicate Clearly

There is no one-size-fits-all strategy when it comes to communication. But, successful communication begins with transparency. But to keep lines open and clear across the business, we must be careful not just about putting our messages across, but also about the mediums, too.

Leaders often have to make difficult decisions such as furloughs, and staff reductions. But great leaders always try to find the right balance. We are in uncertain times, where the dynamic of business is constantly changing. Leaders, who have clear objectives, are certain, and are committed to their passion and perseverance, are the ones who will continue to build trust in these uncertain times.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

It is essential to have leadership qualities to lead a successful business. Learn how to become a powerful leader from the industry experts in our leadership funnel program 2.0. To know more, register here: https://www.badabusiness.com/lfp?ref_code=FB&&pp_code=BHBB000078

Categories
Motivational

5 Desi Movies Every Entrepreneur Must Watch!

Movies, whether from Bollywood or Hollywood have always been our window to the other world. While some are meant for pure entertainment with perfect comic timing and dialogues, some touch our hearts with their high emotional quotient and heartwarming script. There are some masterpieces too that give you food for thought and showcase human tragedy. Then few more Bollywood movies showcase the triumph of human life and influence us in some way.

So whether you want to become the best business motivational speaker or an artist, the road less taken often has a rough path. And though we already know that being an entrepreneur is not an easy deal, what could be the best medium other than movies to showcase the journey of an entrepreneur in India? So we have handpicked five desi movies that show the passion, tenacity, and undying spirit of its characters that all entrepreneurs can relate to:

1. Pyaasa (Guru Dutt, 1957)

‘Old is gold and this epic movie by the legendary Guru Dutt fits the bill completely. Playing the protagonist of the movie, the actor plays the character of a poet with an undying passion for writing poetry. His poems are quite radical and showcase the ordeal of the destitute. He also pens down the arrogance of the rich after the departure of the British from India.

He is frowned upon by his brothers, who sell away his poems as waste paper. After lots of struggle, he becomes frustrated by the hypocrisy around him and declares himself dead. It is only after this that the publishers embrace his work and he becomes famous.

Takeaway: The story speaks about the never-dying passion of entrepreneurs for their work and how despite the challenges that society and life throw, they keep on going and come out as a winner.

2. Manthan (Shyam Benegal, 1976)

If you are not aware of the truth behind the formation of the ‘Amul Co-operative Society’, you can watch our extremely informative case study here. You can also watch this old classic movie Manthan which revolves around the story of a vet doctor who comes to a village. The doctor aims to open a milk cooperative society for the welfare of the villagers.

He faces lots of resistance from the rich businessmen and the head of the village. The movie showcases the real-life journey of Dr. Verghese Kurien- the father of the White Revolution in India and how the Amul Cooperative Society was formed.

The Takeaway: The helplessness of the protagonist is real and the movie beautifully does justice to capture the hurdles entrepreneurs often face in the beginning.

3. Manzil (Basu Chatterjee, 1979)

Another movie from the deck of old, this film captures the life of a young unemployed man who has ambitions and dreams of starting his startup. He starts a galvanometer business but the company fails due to high competition in the market. He drowns in bad debts and faces lots of challenges in his personal life as well. However, the protagonist mends his ways and eventually emerges as a winner.

The Takeaway: This movie may appear very simple on the surface, but deep down it teaches us to be ambitious and follow our passion. It does not matter from where you are coming, chase your dreams with all your heart, learn from your failures and move on.

4. Swades (Ashutosh Gowariker, 2004)

Behind every startup, there is an entrepreneur who is working on a problem at the grass-root level and this movie revolves around the same. The protagonist, played by Shahrukh Khan is a young scientist working as a project manager at NASA who comes to his village to find his nanny. The village which is full of diversity, colorful and complex helps to draw a parallel contrast between the two different countries which compels the protagonist to go on a quest to generate electricity for his village.

The Takeaway: The movie sends out a million years old messages of ‘Unity in Diversity and clearly states that a country’s strength lies in its people. Along with that, it poses a vital question- what should we do as responsible and intelligent members of society?

5. Guru (Mani Ratnam, 2007)

Guru probably is the most obvious entry into this list. Based loosely on the life and times of Dhirubhai Ambani, Guru shows an ambitious middle-class boy who is full of business ideas and wants to make it big in the business world. He gets married to a rich businessman’s daughter and uses the money he receives in his wedding as a dowry to start a business. The controversial film follows how he uses his skills and ambition to create one of the richest companies in the country.

The Takeaway: Though the protagonist in this movie is portrayed to be cunning, over-ambitious, and manipulative, he also encourages us to believe in our dreams.

The five movies that we have mentioned above will not just be entertaining, but will also offer a reflection of our society and the challenges that businessmen often experience. So watch these movies and enjoy!

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

To know more about our programs, visit: www.badabusiness.com

Categories
Motivational

5 Powerful Quotes By Virat Kohli For A Stronger Comeback

One of the finest batters in the world made his debut for India some 14 years ago. With years passing by, Kohli went on to change the way sports was perceived in the country and became one of the greatest players the world has ever seen.

From bringing the revolution to breaking unthinkable records, Kohli’s contribution to the game was unparalleled. Born on 5th November 1988, this Delhi boy has come a long way. From being a regular next-door chubby boy to a gluten-free athlete, Virat has climbed up the ladder of success with his sheer hard work, passion, and determination to succeed.

Here are 5 powerful quotes by the world’s greatest batsman who never shied away from expressing his true self:

1. The bat is not a toy, it’s a weapon. It gives me everything in my life, which helps me to do everything in the field.

— The cricket bat isn’t just a toy or tool for Virat Kohli, it is a weapon that helps him express himself on the field.

2. I always like to lead from the front and set an example for whoever is playing with me or around me. I like taking responsibility. That is my natural thing.

No matter the circumstances, Virat Kohli always believes in leading the team from the front and putting himself in the line of fire.

3. Whatever you want to do, do it with full passion and work hard towards it. Don’t look anywhere else.

Virat Kohli believes in his capabilities, leaving it all on the field no matter who the opponent is. This quote represents his love, dedication, and passion for sports and perfectly represents his passion for the game and his hunger to perform well.

4. A lot of people tell me a lot of things about my conduct, my game, and my future… but I try to stay away from their words of wisdom. I don’t let it distract me. On the field, you will be facing the ball alone. If you fail, you will be the only one to blame. So, you should be the one deciding for yourself.

There will be as many opinions in the world, as there are people. So no matter what critics say or what the experts tell him, Virat Kohli doesn’t let the outside noise distract him.

5. I love playing under pressure. If there’s no pressure, then I’m not in the perfect zone.

Virat Kohli isn’t someone who gets bogged down by big challenges. He loves to perform under pressure and gives his best when there is pressure.

While Kohli remains one of India’s favorite cricketing sons, his charisma goes across the globe. The Indian cricket team skipper has fans all over the world. Virat Kohli has been out of form for some time as he was struggling with depression. But with his stellar performance in the recent Ind v/s Pak match in ICC World Cup 2022, he has amazed everyone!

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses. To know more, visit: www.badabusiness.com

Categories
Process & Business Expansion

3 Effective Tips For Entrepreneurs To Overcome Burnout

Summary: Whether you are passionate about the thing you are doing or not, there comes a moment when we all experience burnout.

Finding something that you love doing and are passionate about and turning it into a full-time career is not an easy task. Even if you end up choosing one and choose to spend your entire life pursuing it, it does not mean you will never experience burnout. Once the excitement and newness of the job paves way for the monotony and pressure to get the job done and achieve your targets, burnout begins to appear.

Burnout in careers is a real issue, especially in this world where the competition is rough and our society keeps pushing people on the go with minimal rest. Due to the constant frenzy of completing tasks, many people are feeling the effects of long-term burnout.

Dr. Vivek Bindra, founder, and CEO of Bada Business Pvt Ltd is also a world-renowned business coach and guides more than 500 corporates in India to keep their employees motivated by achieving work-life balance.

Here are three powerful tips that might appear simple on the surface, but are super-effective if practiced daily:

1. Money is Not the Master Key for Every Door

People today often are a part of a rat race because they have lost their sense of individuality. Their goals are influenced by others and they want to achieve what their peers are trying to achieve, which is more often than not- MONEY! However, contrary to what our society wants to make us believe, money doesn’t resolve all the issues in our lives. No doubt that it makes life more comfortable, but there is more to life than what we buy and own.

In a bid to make a certain amount of money to give your family a comfortable life, you may be sacrificing your time with them. Now, there is nothing wrong with wanting to work hard, but being an entrepreneur one must know that something is going to slip through the cracks, and sacrifices have to be made. The good news is that there are ways to be able to do both.

2. Create Boundaries

The doors of opportunities are not easy to find in our fast-paced society. For entrepreneurs who are on a constant lookout for opportunities to scale their business or people who want to climb corporate ladders in less time, it may be hard to say “no.” Hence, boundaries are necessary to achieve balance. If there is stress in your life, then you have created stress and not the business. If you have stress in your relationship, it is because of a lack of boundaries.

Life is more enjoyable when you learn to say “no” to the things that don’t excite you or help you achieve your innermost goals. You can also work with a business motivational speaker to learn how to create boundaries and focus on the things that matter the most.

3. Give Equal Importance to your Relationships

Many people start their journeys to make money and create wealth so that their families can lead comfortable lives. In their pursuit, they sacrifice their precious time with their family. Hence, while it is good to work hard towards achieving your goals in life, one should not take their family and friends for granted. Relationships are not binding chains. They are like rocket fuel. And to lead a balanced lifestyle, leaning on one another can help us grow.

These three tips might look simple, but definitely will leave a positive impact on your mental and physical well-being. So follow these tips and Dr. Vivek Bindra, who is the best motivational speaker in India.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses. To know more about our course, visit: www.badabusiness.com

Categories
Motivational

62-Year-Old Runs Dream Restaurant Successfully Post Retirement, Serves Homemade Food with Love!

Summary: Chasing a long-cherished dream, 62-year-old Smita Surendranath Blaggan started Lake View Restaurant in Goa.

Who said after a certain age retirement is the only resort for elderly people? Inspiration can find you at any age! The only thing that it demands is that you recognize your calling. Discovering passion and rekindling your dreams at the age when people expect you to retire is the new ‘IN’ for senior citizens.

The person who we are talking about is Smita Surendranath Blaggan- a 62-year-old restaurateur based in Goa who after getting retired from her government job made her way into the hospitality sector chasing her dreams. Her lake view restaurant is the labour of love and passion of hers and her son Rohit (30).

A Blend of Diverse Culture

Born in Karnataka’s Dharwad district, Smita is a Maharashtrian who married into a Punjabi family. The stark contrast between the two cultures would have given a cultural shock to anyone. However, for Smita, it was a boon. With such a diverse family background, she received exposure to multiple cuisines and flavours.

Not only is she well-versed in different world cuisines such as Italian and continental, but also speaks multiple languages like Punjabi, Konkani, Goan, and Maharashtrian. Smita likes to make all the spices on her own that she uses in her lip-smacking dishes. When it comes to shopping for raw ingredients such as fruits and vegetables, she ensures to do it on her own.

However, the Journey was not Easy!

Smita and her son Rohit started their restaurant in March 2020. But before they could start their operations, the nation went under lockdown due to COVID-19. The following months were full of uncertainties, anxiety, and a sense of unease.

But as they say, good things and good coffee take time to brew, this mother-son duo waited patiently during that time as they were super-confident about their food cooked with delectable flavors and lots of love.

All Roads Lead to Good Food

Recalling her younger days, Smita says, “I remember cooking as early as 10 years old, making jawar roti for my father. Even after I got married and moved to Goa in 1986, food played a very important role. I am a foodie and so I’m always on the lookout for new cuisines and foods to try.”

She continues, “My mother and mother-in-law were both wonderful cooks and I have learned a lot from both of them. My love for good food was so strong that I enjoyed coming into a Punjabi family and learning so many new things. In fact, after eating my mother’s mutton curry, the smell would linger on my fingers for up to three days and I would love that.”

Soon after her marriage, her place became the favorite spot for everyone when it comes to relishing delightful food. From her husband’s colleagues and bosses or her children’s favorites, the food that she whipped attracted people like a magnet.

The 60s’ Gave a New Direction to her Life

For many people starting a new business post-retirement happens by chance. But Smita always wanted to own a restaurant. It was a conversation that she often had with her late husband as well. Every time she would host a bunch of people at her home, her husband would often suggest that food is her true calling.

The restaurant was started when her son Rohit returned to India from Dubai in 2020. Starting initially with a minimum investment of about INR 25 lakhs, her restaurant is located right next to a shimmering lake with a seating capacity of 150, which provides this place an edge over other cafes.

Fun, Food & Flavours

Along with a spectacular view of the beautiful lake, Smita ensures that her guests receive nothing but the best Goan food in Goa. She is particular about everything that happens in her kitchen. From making garlic and ginger paste to the freshly pound masala, everything is made once the order is placed.

Smita says that every day comes with its unique challenges which make life even more interesting. She says, “What is life without some masala and drama.”

From flipping the pages of a cookbook as a young girl to now becoming a proud owner of a restaurant enveloped in the aroma of her various recipes, Smita shares that she is living the dream of her life.

Do you have a business idea that you would like to turn into reality? Don’t wait! Start working on it today! The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

To know more about our courses, visit: www.badabusiness.com

Categories
Motivational

17 Powerful Quotes By Swami Vivekananda To Fuel Your Passion

Summary: Swami Vivekananda was considered one of the greatest spiritual leaders in India. Here are some of the most inspiring quotes that will motivate you to achieve your goals.

Born on January 12, 1863, as Narendranath Datta, Swami Vivekananda hailed from an affluent aristocratic Bengali family who in his short life achieved the height of greatness. Vivekananda was a man with a great spiritual presence and tremendous intellect. He was a tireless teacher and writer. He wrote poems and hymns in Bengali, English, and Sanskrit, some of which are sung daily in Vedanta centers worldwide. He was ahead of his time in encouraging women and Westerners to not only practice Vedanta but to be leaders as well.

He played a significant role in introducing and spreading the awareness of the Indian Vedanta and philosophies of Yoga to the western world. His efforts put India on the world’s spiritual map. It was Swami Vivekananda’s 1893 speech at the World’s Parliament of Religions in Chicago that changed the dimensions of Hinduism and redefined the way the world looked at India.

On the occasion of Teacher’s Day, here are 17 quotes from Swami Vivekananda that may inspire you to change the way you look at life:

1.  “Arise, awake, and don’t stop until the goal is reached.”

2.   “You have to grow from the inside out. None can teach you, none can make you spiritual. There is no other teacher but your soul.”

3. “The greatest sin is to think you are weak.”

4. “The greatest religion is to be true to your nature. Have faith in yourselves.”

5. “Talk to yourself once a day, otherwise you may miss meeting an intelligent person in this world.”

6. “We are what our thoughts have made us; so take care about what you think. Words are secondary. Thoughts live; they travel far.”

7. “Truth can be stated in a thousand different ways, yet each one can be true.”

8. “The great secret of true success, of true happiness, is this: the man or woman who asks for no return, the perfectly unselfish person, is the most successful.”

9.  “Dare to be free, dare to go as far as your thought leads, and dare to carry that out in your life.”

10. “Never think there is anything impossible for the soul. It is the greatest heresy to think so. If there is sin, this is the only sin, to say that you are weak, or others are weak.”

11. “In a day, when you don’t come across any problems – you can be sure that you are traveling on the wrong path.”

12.   “Take up one idea. Make that one idea your life; dream of it; think of it; live on that idea. Let the brain, the body, muscles, nerves, and every part of your body be full of that idea and just leave every other idea alone. This is the way to success, and this is the way great spiritual giants are produced.”

13. “Do one thing at a time, and while doing it put your whole soul into it to the exclusion of all else.”

14.  All power is within you; you can do anything and everything. Believe in that, do not believe that you are weak; do not believe that you are half-crazy lunatics, as most of us do nowadays. You can do anything and everything, without even the guidance of anyone. Stand up and express the divinity within you.”

15. “Strength is life, weakness is death. Expansion is life, contraction is death. Love is life, hatred is death.”

16. “Condemn none: if you can stretch out a helping hand, do so. If you cannot, fold your hands, bless your brothers, and let them go their own way.”

17. “The world is the great gymnasium where we come to make ourselves strong.”

Whether you are a student or a business owner, we hope these quotes by the revered spiritual leader and a social reformist will inspire you to achieve your dreams.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

To know more about our business courses and online programs, visit: www.badabusiness.com

Categories
Finance Motivational

Top 5 Investment Lessons From Rakesh Jhunjhunwala For Young Investors

Summary: Rakesh Jhunjhunwala is an investor with a midas touch. He is famously known as the Warren Buffett of India. Here are five investment lessons that will turn you into an ace investor.

Want to become a successful investor? Then why not learn from someone who has turned his 5000 rupees investment into INR 39,527 crores. Rakesh Jhunjhunwala, who is popularly known as India’s Warren Buffet started trading in the stock market back in 1985 during his college days. At that time BSE Sensex was at 150 points. He started investing with Rs. 5,000 as capital.

According to Forbes, his net worth stood at $5 billion (Rs 39, 527 crores), as of July 5, 2022. Rakesh Jhunjhunwala is not only one of the most successful investors in India, but he is also the most trustworthy and sought after by business moguls.

If you too want to learn some of the most useful lessons from the stock market, here is a list:

1. Don’t Rely on others Develop Passion For Stock Market Instead

When it comes to investing in the stock market, most often people rely on others for investment tips or suggestions. But Rakesh Jhunjhunwala suggests otherwise. His advice for the investors is to develop a passion for learning about the stock market by reading and talking with people who are seasoned investors.

Sharing his own experience he says that he used to ask his father about the nitty-gritty of the stock market. And that fascinated him, which eventually led to his passion for investing. Initially, he failed multiple times, but his interest never seemed to fade away.

You too can hire a business coach who can give you sound advice based on his years of experience and knowledge to help you grow your startup business.

2. Patience Is a Virtue

Investment is a long-term proposition. If you are looking to make some quick bucks, you will have to face disappointment. To become a successful investor, you need to be aware that it will take a decade or more to see the results of your investments.

Rakesh Jhunjhunwala is a long-term investor. His investments did not give results overnight. He’s been investing in Titan Company Ltd, for over two decades now and has made over 1,000% returns on his initial investment in the stock. He says, “one should always invest in a company’s business, not its stock.” He does not sell shares even during a short time drop or stock market corrections.

3. Be Ready to Grab an Opportunity

One of the most key lessons from Rakesh Jhunjhunwala is that as an investor you should be ready to grab an opportunity. He firmly believes that the volatile nature of the market is what creates opportunities.

According to him, as an investor one must have the risk-taking ability. And you will never make money if you are afraid to lose it because the stock market is a game of nerves. Stock market success depends upon your character and temperament rather than on any other factors.

4. Avoid Investing Money Impulsively

Some people invest in a stock and that stock goes up. So, he or she decides to invest in another one impulsively rather than thinking logically. Making an emotional investment is one of the biggest mistakes that anyone can make while investing.

Jhunjhunwala believes that investors should learn how to control their emotions and behave like machines when it comes to making an investment decision. If you are a consistent investor, you need to have faith in the economic cycle and your investment philosophy.  To be a great investor you need to go against your impulses and instincts and embrace some counterintuitive behaviors.

5. Invest in Businesses which is Hard to Replace

Always find businesses that offer products and services which are irreplaceable. Investing in such businesses will give you a competitive advantage. Rakesh Jhunjhunwala invests in businesses with wide moats when investing. Investing in such companies, he believes, gives investors a competitive edge of their own.

Just like stock markets, it is essential to make decisions that are good for your business growth. And to ensure that you are on the right path, you can hire a business coach.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses. To know more about these courses, visit www.badabusiness.com.

Categories
Motivational

4 Tips Young Entrepreneurs Can Use To Stay Inspired

Summary: Have you ever felt like you are stuck in your entrepreneurial journey and can`t seem to find your way out? Don`t worry! It`s not your lack of passion but a phase. Here are a few tips to keep you on the right path.

Entrepreneurs do not have an easy job. It might sound like all glitters and stars to be your boss; however, there comes a phase when everyone feels stuck. But always remember that it is just a phase. If you feel it is getting difficult to come out of a rut, you can always take help from a business motivational speaker.

Take small steps every day, as it is better to make slow progress than to quit and completely stop working towards your goal. It can be tough to continue working towards something when you don’t see a clear path ahead — you start feeling defeated, and instead of enjoying the process, you begin to loathe it.

Being stuck is draining and you may feel like nothing is working in your favor. You may also lack the motivation to find a solution to the current business challenge that you might be experiencing. However, you can`t let the grind sap all the life out of you. To get out of this rut, you will need a support system. It could be your friends, colleagues, or peers, or you can hire a business coach who can guide you to come out of that difficult phase with his guidance and support.

1. Positive Self Talk

If there is one person who is going to be with you constantly is— YOU. Hence, it is very important to analyze how you communicate with yourself. Focus on positive self-talk and affirmations. Avoid negative thoughts, self-criticism, and underestimating yourself. For instance, instead of saying “I haven’t had a promotion in five years”, say to yourself, “What is my plan to get the promotion or find a job that fairly compensates me.”? Try to focus on the resolution, instead of your hurdle and you may look at the challenge from a different perspective.

2. Do New Things

Following a routine is fine, but living life is also important for a happy mind and healthy heart. So, the only place to grow is discomfort. Just like stagnant water begins to stink, staying in your comfort zone will hinder your growth. Do things that make you uncomfortable, but are important for your business. For example, if networking is what gives you nightmares, set a goal on how many connections you’d like to make. Spark up the excitement for life again. It’s the small steps that create the largest gains over time.

3. Surround Yourself with Positive People

A tree survives in appropriate conditions. However, it only grows when it is provided with weather conditions that are clean, healthy, and pleasant. Having people around you who are full of positive energy, dreams, goals, and vision is a great way to stay motivated.

You won`t be stuck for too long if you can call someone whom you trust. Hiring a business motivational speaker is also a great idea. Set up an in-person meeting with a friend, family member, or mentor who always knows what to say when you are facing a conflict.

4. Don`t Just Make Plans, Execute Them

Neither wishing nor complaining will get the job done. Take steps towards finding solutions that will help you to change your circumstances. So take out some time to figure out what you want, and start formulating a plan.

Entrepreneurs are meant to bridge the gap between a problem and a solution. You decided to become an entrepreneur because you recognized a problem that can help people and bring ease to their lives. Always remember why you set out to be an entrepreneur. Do not push your goals and dreams aside just because you are feeling stuck momentarily. You can always hire the best motivational speaker in india to help you keep moving forward.

Want to make progress in your business with Dr. Vivek Bindra. Visit: www.badabusiness.com