How to get ahead of 99% of people in India (in 6 months) | Nishkarsh Sharma

Nishkarsh Sharma

28 Jul 202412:57

Summary

TLDRIn this video, Nikhil Sharma shares his experience of building five profitable online businesses, each generating a monthly revenue of ₹1 crore. He outlines a five-stage process to stand out among 99% of people in India, emphasizing the importance of identifying one's strengths and interests. Sharma debunks the myth that a revolutionary idea is necessary to start a business, suggesting proven models like affiliate marketing, print-on-demand, and freelancing instead. He stresses the need for clarity, commitment, and consistent action, recommending seeking guidance from mentors who've succeeded in the chosen business model. The video encourages viewers to track their progress and optimize their time for success.

Takeaways

😀 The video aims to guide viewers on how to stand out among 99% of people in India within just 6 months and hints at revealing the actual monthly income needed to be in India's top percentage.
👨‍💼 The speaker, Nikhil Sharma, introduces himself as someone who runs five profitable internet businesses, each generating a revenue of ₹1 crore per month, emphasizing the practicality of the knowledge he will share.
🔍 The first step discussed is identifying one's strengths, talents, and interests, which are the foundation for standing out and succeeding in a chosen field.
🤔 The speaker addresses the common concern of not having any particular interest or talent, suggesting starting by trying various things to find what one enjoys the most.
📚 He recommends the book 'The One Thing' by Gary Keller and Jay Papasan for further insights on focusing on what truly matters in personal and professional life.
🛍️ The video introduces different proven business models such as affiliate marketing, print-on-demand, freelancing, and dropshipping, debunking the myth that a revolutionary idea is necessary to start a business.
📈 The importance of choosing a proven business model is emphasized, as it provides a clear path to success with established strategies and processes.
📊 The speaker shares his personal journey of exploring different business models and the pivotal decision to stick with e-commerce dropshipping, which led to significant revenue growth.
👨‍🏫 The necessity of seeking guidance from mentors who are already successful in the business one wishes to pursue is highlighted as a crucial step for growth and learning.
🚀 Consistent action and feedback are essential for business growth, with the speaker advocating for a distraction-free environment to focus on work and track time spent on various tasks.
💡 The video concludes with the message that to stand out among the top 1%, one needs the right mindset, a clear path, and consistent action, and offers a mentorship program for those interested in e-commerce business.

Q & A

What is the main topic of the video?
-The main topic of the video is about how to stand out among 99% of people in India within just 6 months and the key to achieving a top percentage income in India.
Who is the speaker in the video?
-The speaker in the video is Nikhil Sharma, who runs five internet businesses that generate a revenue of ₹1 crore per month.
What is the first stage mentioned in the video for standing out in India?
-The first stage mentioned is to identify a path by recognizing one's strengths, talents, and interests.
What are some examples of interests or talents that can be leveraged according to the video?
-Examples include writing, content creation, graphic design, photography, music, coding, product design, marketing, sales management, financial management, fitness, sports nutrition, art and craft, cooking, event planning, personal branding, makeup styling, and home improvement.
What book is recommended in the video to help identify one's strengths and interests?
-The book recommended is 'Unfair Advantage'.
What misconception is cleared in the video about starting a business?
-The misconception cleared is that starting a business does not require a revolutionary idea. Instead, a proven business model that is already successful is recommended.
What are some examples of proven business models discussed in the video?
-Examples include affiliate marketing, print-on-demand dropshipping, and freelancing.
What is the significance of choosing a proven business model according to the video?
-Choosing a proven business model is significant as it reduces the risk of failure and provides a clear path to success with a model that has already been tested and is successful.
What is the importance of action and consistency in business growth as discussed in the video?
-Action and consistency are crucial for business growth as they drive progress, allow for assessment and tracking of growth, and enable adjustments and improvements to be made effectively.
What advice is given in the video for those looking to start an e-commerce business and need guidance?
-The advice given is to apply for a mentorship program that the speaker offers, which can provide the necessary guidance and support for starting an e-commerce business.
What is the final stage mentioned in the video for standing out among the top 1% in India?
-The final stage mentioned is 'Excitation and Consistency', which emphasizes the importance of taking action and maintaining a consistent effort to achieve success.

Outlines

00:00

🚀 Launching Ahead in India: Identifying Strengths and Business Models

The speaker, Nishkarsh Sharma, introduces the video's aim to help viewers stand out among 99% of people in India within six months. He promises to reveal the monthly income required to be in India's top percentile by the video's end. Nishkarsh, who runs five profitable online businesses, shares his experience and learnings from the past nine years. He emphasizes that the knowledge provided is practical, not theoretical, and breaks down the video into five stages. The first stage involves identifying one's strengths, talents, and interests, suggesting that viewers reflect on their abilities and passions. He dispels the myth that one must have a revolutionary idea to start a business, advocating for proven business models instead.

05:01

📈 Exploring Business Models: From Print-on-Demand to Freelancing

The speaker continues by discussing various proven business models, starting with affiliate marketing, where one sells another company's product and earns a commission. Examples include physical products like printed t-shirts or digital products like courses and software. The second model is freelancing, where one learns a high-income skill, such as video editing or sales, and builds a portfolio before attracting clients. The speaker shares personal anecdotes, including his initial struggles with choosing a business model and the eventual success with e-commerce dropshipping, which led to significant revenue. He advises on the importance of understanding the benefits and challenges of each model before making a decision.

10:02

🛠 The Importance of Action, Consistency, and Seeking Guidance

Nishkarsh emphasizes the necessity of taking action and being consistent in business. He explains that without action, planning alone is futile. He also stresses the importance of a constant feedback loop to assess growth and progress, allowing for necessary adjustments. The speaker suggests that tools and complex strategies are not required, but rather a distraction-free environment to work effectively. He recommends time tracking apps to monitor progress and optimize time usage. Nishkarsh concludes by stating that to outperform 99% of people, one needs the right mindset, path, and consistent action. He offers a mentorship program for those interested in e-commerce and invites viewers to apply if they qualify, promising further connection with his team.

Mindmap

Keywords

💡Internet Business

The term 'Internet Business' refers to a commercial activity that operates primarily online. In the video's context, it is the foundation of the speaker's success, as he runs five profitable online businesses with a monthly revenue of 1 crore. The video discusses the process of identifying one's strengths and leveraging them in an online business environment to stand out among 99% of people in India.

💡Revenue

Revenue is the income generated from the business's operations, usually from the sale of goods or services. The script mentions that the speaker's internet businesses generate a monthly revenue of 1 crore, illustrating the financial success achievable through a well-managed online business model.

💡Strenghts and Talents

Strengths and talents are personal attributes that give an individual an advantage in a particular field. The video emphasizes identifying one's strengths and talents as the first step in choosing a path to excel in an internet business, such as being good at writing, graphic design, or sales management.

💡Affiliate Marketing

Affiliate marketing is a performance-based marketing strategy where an individual promotes another company's product and earns a commission for each sale made through their referral. The script uses it as an example of a proven business model where one can succeed without needing a revolutionary idea.

💡Print on Demand

Print on Demand is a business model where products, such as t-shirts or posters, are only produced when a customer orders them, reducing the need for inventory and upfront costs. The speaker's e-commerce journey began with print on demand dropshipping, which is highlighted as a practical way to start an online business.

💡Freelancing

Freelancing refers to the practice of offering professional services independently rather than being permanently employed by a company. The video mentions learning high-income skills such as video editing or graphic design to offer as services, which can lead to a successful freelancing career or agency business.

💡Business Model

A business model describes the rationale of how a business creates, delivers, and captures value. The script clarifies that a successful business does not necessarily require a revolutionary idea but can be based on a proven business model that is already successful.

💡Consistency

Consistency in the context of the video refers to the continuous and regular application of effort towards business goals. It is highlighted as a key factor in achieving success and being in the top 1% of earners in India, emphasizing the importance of persistent action over time.

💡Action

Action is the act of taking steps towards achieving a goal. The video stresses that planning without action is futile and that a constant feedback loop is necessary to assess growth and progress, making action a central theme for moving forward in business.

💡Mentorship

Mentorship involves guidance from an experienced individual to help another person learn and grow, often in a professional context. The speaker mentions the importance of having mentors in business, such as Vikrant Shaw and Chandal Bok, who helped him earn his first dollar and learn e-commerce.

💡Mindset

Mindset refers to the established set of attitudes held by an individual. The video suggests that having the right mindset is crucial for standing out among 99% of people and achieving success in an internet business, implying a positive and determined outlook.

Highlights

In just 6 months, you can move ahead of 99% of people in India by following the strategies discussed in this video.

The speaker, Nikhil Sharma, runs five internet businesses that collectively generate a monthly revenue of ₹1 crore.

The video is based on the speaker's last nine years of experience, offering insights and results that are not found in textbooks.

The content is divided into five stages, allowing viewers to identify where they might be in their journey.

The first stage is identifying your strengths, talents, and interests, which are key to personal and professional growth.

Examples of potential interests include writing, content creation, graphic design, photography, music, coding, product design, marketing, sales, management, finance, fitness, sports nutrition, art and craft, cooking, event planning, personal branding, makeup styling, and home improvement.

The speaker recommends experimenting with different activities to find what brings you the most joy and aligns with your talents.

The book 'Unfair Advantage' is recommended for further exploration of personal strengths and leveraging them.

The speaker shares his personal journey from engineering college to discovering his true strengths in sales, marketing, and management.

The importance of choosing a proven business model is emphasized, debunking the myth that a revolutionary idea is necessary for success.

Examples of proven business models include affiliate marketing, print-on-demand dropshipping, and freelancing in high-income skills.

The speaker's own e-commerce journey started with print-on-demand dropshipping, which led to significant success.

Understanding the benefits and challenges of a chosen business model is crucial before diving in.

The speaker advises on seeking guidance and mentorship from those who are already successful in the desired business field.

Consistency and action are key to moving ahead of 99% of people, supported by a clear plan and constant feedback loop.

The speaker suggests using tools like 'Click Clock' to track time and optimize productivity.

The video concludes with an invitation to apply for the speaker's mentorship program for those interested in starting an e-commerce business.

The speaker emphasizes the importance of a distraction-free environment for effective work and productivity.

The speaker shares his personal experience of achieving success in e-commerce by sticking to a proven business model and consistent action.