If You Wanted To Be A Crorepati Before 25, You Should Do This In Hindi | Nishkarsh Sharma

Summary

In this video, the speaker reflects on their journey to earning their first crore at the age of 24, emphasizing the importance of mastering business models. They share lessons learned from starting an internet business with partners, experimenting with various models, and the pivotal moment of focusing on animation videos. The speaker advocates for continuous learning, setting predictable financial goals, and investing wisely. They stress the value of surrounding oneself with the right people, the importance of enjoying the process of business building, and the significance of financial expression without compromising on lifestyle. The talk concludes with an offer to help viewers build their own Indian e-commerce business through a quiz and mentorship program.

Takeaways

• 😀 The speaker emphasizes the importance of mastering a business model, sharing their journey of starting an internet business at 24 and the lessons learned from trying various models.
• 💡 They highlight the mistake of not sticking to one business model and the need to master one before moving on, using their experience with an animation video business as an example.
• 📈 The speaker stresses the significance of setting clear financial goals and using reverse engineering to plan the steps required to achieve those goals.
• 💼 They discuss the value of continuous learning and upskilling, sharing their own experience of entering e-commerce after investing in learning from mentors.
• 🤝 The importance of surrounding oneself with the right people is underlined, suggesting that successful individuals are often eager to help others grow and share ideas.
• 💰 The speaker advises on the financial management, suggesting to not keep money idle and to invest wisely in fixed deposits, equity markets, and other schemes for passive income.
• 🚗 They touch upon the concept of financial expression, cautioning against excessive spending on lifestyle upgrades and advocating for a balance between enjoying the process and financial prudence.
• 🌟 Enjoying the process of building a business is crucial, and the speaker shares their personal journey of finding joy in creating animation videos and e-commerce, which contributed to their success.
• 🔗 Networking at events and joining mentorship programs are recommended as effective ways to meet like-minded individuals and potential business partners.
• ⏳ The speaker concludes with the importance of consistency and enjoying the process, suggesting that those who find joy in their work are more likely to be successful and persistent.

Q & A

What was the first significant achievement of the speaker's business journey?

The speaker's first significant achievement was earning their first crore at the age of 24.

What was the initial business model the speaker and their partners started with?

The initial business model involved trying out various services like graphic designing, web development, and selling digital products without mastering any specific business model.

What was the turning point for the speaker's business?

The turning point was when the speaker decided to master one business model, specifically an agency business model, and focused on creating animation videos using the Powtoon tool.

How did the speaker scale their animation video business?

The speaker scaled the business by mastering the animation video model, improving the quality of videos, hiring animators and project managers, and eventually creating their own website.

What is the importance of setting financial goals according to the speaker?

Setting financial goals is crucial because it provides predictability and direction for the business, allowing the speaker to plan and execute strategies to achieve those goals.

Why did the speaker decide to enter e-commerce, and what was their approach?

The speaker decided to enter e-commerce after learning from a mentor and investing in learning. They started by focusing on dropshipping and applied the knowledge from their mentor.

What is the significance of continuous learning and leveling up in the speaker's journey?

Continuous learning and leveling up are significant because they allow the speaker to adapt, grow, and stay ahead in the business, as evidenced by their transition from animation videos to e-commerce.

How does the speaker emphasize the importance of surrounding oneself with the right people?

The speaker emphasizes the importance of surrounding oneself with the right people by sharing personal experiences where partnerships and networking led to growth and success in business.

What financial advice does the speaker give regarding saving and investing?

The speaker advises not to keep money idle in accounts and to invest wisely, suggesting a diversified approach such as fixing deposits, equity markets, and government schemes for retirement.

Why is enjoying the process essential according to the speaker?

Enjoying the process is essential because it leads to consistency and motivation, which are crucial for long-term success and fulfillment in business.

What is the final lesson the speaker shares about achieving success in business?

The final lesson is to implement the lessons learned, set clear financial goals, invest wisely, enjoy the process, and remember that success is achieved through consistent effort and the right mindset.