How Much Money You Need To Fly Business Class & Private Jets?

Summary

In this insightful conversation, the speaker, a successful entrepreneur, reflects on his financial journey from a modest beginning to a substantial net worth. He discusses lifestyle changes post-exit, the importance of asset allocation with a focus on real estate and public markets, and the wisdom of investing in startups. The speaker candidly shares his struggles, the value of seeking advice from those slightly ahead, and the concept of 'Unicorn A,' a platform connecting professionals for access to their expertise. His story is a blend of financial acumen, personal growth, and the realities of entrepreneurship.

Takeaways

• 💼 The speaker emphasizes the importance of matching one's core skill set with their business or career path for success.
• 🏡 The speaker has a strategy for real estate investment, focusing on buying plots of land quickly when opportunities arise, which has tripled in value in the last three years.
• 💰 The speaker admits to being good at making money but delegates wealth management to his father, who handles asset allocation including real estate, public markets, and private equity.
• 🚀 The speaker advises on the 'Boss' model for building a business with scalability and sellability in mind, and the importance of having the right people with 'skin in the game'.
• 🔮 The speaker stresses the value of seeking advice from those who are a few steps ahead rather than much further along, as they can provide more relevant and attainable guidance.
• 🛫 The speaker discusses the lifestyle changes that come with increasing wealth, such as the ability to afford business class travel and the opportunities it presents for learning from others.
• 📈 The speaker highlights that real estate investments have provided significant returns, with plots purchased for 13-15 crores now worth around 40 crores each.
• 💡 The speaker shares personal anecdotes of struggle and the importance of visualizing future success to stay motivated during tough times.
• 🚀 The speaker has invested in startups, with one significant investment growing 3-4x in 15 months, demonstrating the potential of angel investing.
• 🤝 The speaker is launching a venture studio to support young founders in their early stages, leveraging his own experiences and learnings.
• 🏁 The speaker suggests setting ambitious wealth goals, aiming to reach 10 crores within 5 years, not 20, to foster impatience in achieving success.

Q & A

What is the approximate amount the interviewee has in their bank account after their venture exit?

The interviewee has about 200 crores in their bank account after their venture exit.

How much tax has the interviewee paid in total throughout their journey?

The interviewee estimates they have paid close to 45 to 50 crores in income tax.

What lifestyle changes did the interviewee notice when crossing financial milestones like 10 crores and 100 crores?

The interviewee learned from a mentor that the lifestyle remains the same from 25 crores to 100 crores and from 100 crores to 500 crores, with the main change being the liberty to fly business class after crossing 100 crores.

What is the cost of flying a private jet for a Delhi to Mumbai trip according to the interviewee?

The cost of flying a private jet for a Delhi to Mumbai trip is about 5.5 to 6 lakhs rupees minimum one way for about four to five people.

How does the interviewee manage their wealth?

The interviewee's father manages all their wealth, and the interviewee takes a pocket money from him on a monthly basis.

What is the interviewee's asset allocation strategy?

About 50 to 60% of the interviewee's wealth is in real estate, 20-25% is in public markets like the stock market, and the rest is in angel investing in different companies and private equity.

What returns has the interviewee seen from their real estate investments?

The interviewee's real estate investments have tripled in the last three years, providing a 300% return.

What is the interviewee's advice for someone looking to reach a net worth of 10 crores in the next 20 years?

The interviewee suggests aiming to reach 10 crores in 5 years instead of 20, being impatient in achieving goals but doing things patiently, and matching one's core skill set with the type of work or business they pursue.

How many startups has the interviewee invested in, and what sort of returns have they seen?

The interviewee has invested in about five to six startups, with one significant investment in a company called Univest, which has grown 3 to 4 times in the last 15 months.

What is the concept behind the interviewee's venture 'unicorn.a'?

Unicorn.a is a platform that connects professionals and解决了 the problem of access, allowing users to pay for the time of successful individuals based on their set rates.

What personal struggle did the interviewee share from their early entrepreneurial days?

The interviewee shared an incident where they were so frustrated with their business that they cried on a bench outside the Amazon office in Bangalore.

Outlines

00:00

💰 Wealth and Lifestyle Changes

The speaker discusses the impact of crossing financial milestones on lifestyle, from 1 crore to 100 crores and beyond. They mention that beyond a certain point, lifestyle changes plateau, but the freedom to fly business class increases. The speaker also shares personal anecdotes about wealth, including the emotional toll of financial decisions and the costs associated with private jet travel. They emphasize the importance of learning from interesting people met during flights and the strategy of investing in premium economy for valuable conversations.

05:02

🏡 Real Estate and Asset Allocation

This paragraph delves into the speaker's experience with real estate investment, highlighting the significant returns on plots in prime locations like Golf Course Road. The speaker compares land and apartment investments, emphasizing the higher potential returns from land. They also discuss their strategy for quick transactions and the importance of being an immediate buyer. Additionally, the speaker touches on the challenges of investing with limited funds and the benefits of using real estate as collateral for loans.

10:03

📈 Stock Market and Startup Investments

The speaker admits to having limited knowledge about their stock market investments, which are managed by their father. They reveal that 25% of their wealth is in public markets. The focus then shifts to startup investments, where the speaker shares their experience with concentrated bets, particularly in a company called Univest, which has shown impressive growth. The speaker also announces the launch of a venture studio, Wolf Pack Ventures, aimed at supporting young founders during their initial growth stages.

15:04

🚀 Entrepreneurial Journey and Advice

The speaker provides advice for aspiring entrepreneurs, emphasizing the importance of setting ambitious yet achievable financial goals and matching one's skill set with their business ventures. They discuss the BOSS model of business operation and the significance of having a sellable business. The speaker also shares personal stories of struggle and the importance of seeking advice from those who have recently achieved what one aspires to, rather than from those much further ahead.

20:05

🦄 The Concept of 'Unicorn A'

In the final paragraph, the speaker introduces 'Unicorn A', a platform that connects professionals and allows users to pay for their time. The platform aims to solve the problem of access to successful individuals by setting personal rates. The speaker uses the analogy of driving in fog, suggesting that seeking advice from those slightly ahead can be more beneficial than from those far ahead in one's journey. The conversation ends with the speaker's openness to sharing their experiences and learnings.

Keywords

💡Exit

An 'exit' in the context of the video refers to the sale of a business or investment, typically for a significant profit. It is a key event for entrepreneurs and investors, marking the realization of value. In the script, the mention of 'exit in 2021' relates to the point at which founders sold their businesses and made substantial financial gains, which is a central theme of the discussion about wealth and lifestyle changes.

💡Crore

A 'crore' is an Indian financial term for ten million. In the video, it is used to describe large sums of money, particularly in relation to the wealth accumulated by entrepreneurs post-exit. The script mentions '200 crores' and '100 crores' to illustrate the scale of financial success achieved by the interviewee.

💡Lifestyle Changes

Lifestyle changes refer to the shifts in the way one lives due to changes in financial status. The video discusses how the interviewee's lifestyle evolved as his wealth increased, from flying economy to business class and eventually to private jets, reflecting on the impact of wealth on personal choices and experiences.

💡Business Class

In the context of the video, 'business class' is a level of service on airlines that offers a higher standard of comfort and amenities compared to economy class. The script uses business class as a metaphor for the privileges and lifestyle upgrades that come with increased wealth, such as the ability to afford business class travel after crossing certain wealth milestones.

💡Private Jet

A 'private jet' is a type of aircraft used for private transportation, offering luxury and convenience. The video mentions private jets as an example of the ultimate in travel luxury, which becomes more accessible to individuals with substantial wealth, such as those who have crossed the 100-crore mark.

💡Asset Allocation

Asset allocation refers to the process of distributing investments across different asset classes, such as real estate, stocks, and private equity, to balance risk and return. In the video, the interviewee discusses his personal asset allocation, which includes real estate, public markets, and private investments, indicating a diversified investment strategy.

💡Real Estate

Real estate in the video is presented as a significant portion of the interviewee's wealth, with a focus on land and property investments. The script mentions the substantial returns on real estate investments, such as plots on Golf Course Road, illustrating the potential for wealth generation through property investment.

💡Public Markets

Public markets in the context of the video refer to stock markets where shares of publicly traded companies are bought and sold. The interviewee mentions having a portion of his wealth invested in public markets, indicating a diversified approach to investing that includes both private and public assets.

💡Angel Investing

Angel investing involves providing capital to startups in their early stages, often in exchange for equity or convertible debt. The video discusses the interviewee's experience with angel investing, highlighting it as a way to support new businesses and potentially generate high returns.

💡Wealth Management

Wealth management encompasses the strategies and services used to grow, protect, and manage an individual's financial assets. The script reveals that the interviewee's father manages the family's wealth, emphasizing the importance of professional oversight in handling significant financial resources.

💡Entrepreneurial Struggle

Entrepreneurial struggle refers to the challenges and pressures faced by entrepreneurs, especially in the early stages of building a business. The video shares a personal story of the interviewee crying out of frustration, showcasing the emotional toll that entrepreneurship can take and the resilience required to succeed.

💡Network Building

Network building is the process of creating and maintaining relationships that can provide support, opportunities, and knowledge. The video suggests that meeting interesting people, such as in business class, can lead to valuable learning experiences, emphasizing the importance of networking for personal and professional growth.

💡Venture Studio

A venture studio is a company that creates, launches, and scales new startups, often providing resources, mentorship, and funding. The video mentions the launch of 'wolf pack Ventures,' a venture studio aimed at supporting founders in their early-stage journey, reflecting the interviewee's commitment to nurturing entrepreneurship.

💡Blueprint for Wealth

A blueprint for wealth is a strategic plan or roadmap designed to achieve financial success. The video discusses the importance of setting ambitious yet achievable goals, such as reaching 10 crores in 5 years, and matching one's skills with suitable business opportunities to create wealth effectively.

💡Risk Management

Risk management involves identifying, assessing, and prioritizing potential risks to minimize or avoid negative impacts. In the video, the interviewee talks about being flexible with company ownership to manage risk, such as partnering with investors who can provide support and reduce the entrepreneur's financial exposure.

💡Unicorn

A unicorn, in a business context, refers to a privately held startup company valued at over $1 billion. The video mentions 'unicorn.a,' which seems to be a platform that connects professionals with clients, offering access to a wide range of expertise and potentially high-value services.

Highlights

The interviewee has amassed a significant amount of wealth, with approximately 200 crores in their bank account after a successful venture exit in 2021.

Lifestyle changes are discussed, with the interviewee noting that the same lifestyle can be maintained from 25 crores to 100 crores, and then from 100 crores to 500 crores, and beyond.

The interviewee shares personal finance insights, revealing that they have paid close to 45-50 crores in taxes throughout their financial journey.

A discussion on the costs associated with private jet travel, highlighting the significant expenses involved for such luxury.

The interviewee's asset allocation strategy is revealed, with a focus on real estate, public markets, and private equity investments in startups.

Real estate investments have tripled in the last three years, showcasing the potential for high returns in this asset class.

The interviewee emphasizes the importance of being an 'immediate buyer' in real estate transactions to secure the best deals.

A unique perspective on purchasing real estate is shared, suggesting that even premium economy class travel can lead to valuable networking opportunities.

The interviewee admits to not being adept at managing money and delegates this responsibility to their father, who manages their wealth.

The concept of 'The Boss Model' is introduced, emphasizing building, operating, and scaling a business with an eye on eventual sale.

Struggles and emotional challenges faced during the early days of entrepreneurship are candidly discussed, including a moment of breaking down due to frustration.

The importance of seeking advice from those who are a few steps ahead rather than much further along, to gain practical and relatable guidance.

The interviewee shares their blueprint for reaching a net worth of 10 crores in 5 years, advocating for impatience in achieving financial goals.

A discussion on the value of equity and the strategic decision to give up a portion of it for reduced risk and mentorship in early-stage businesses.

The interviewee's venture into a venture studio named 'Wolf Pack Ventures' is mentioned, aiming to assist young founders in their entrepreneurial journey.

The concept of 'Unicorn.A' is introduced, a platform designed to connect professionals and solve the problem of access to high-level expertise.

An analogy is drawn between driving in fog and seeking advice, suggesting that guidance from those slightly ahead can be more effective than distant role models.

Transcripts

you have about 200 cres in your uh bank

account right there are so many Founders

I know you know them as well we can't

name them now who bought their homes in

Chas when they got their exit in 2021

their homes are worth thce today wow

total I think in my journey I must have

paid close to 50 50 45 wat Clos in tax

what are some of the things that you

know that very few people know

about

making I wept like a

baby because I was so frustrated what

happened how much does it cost the

private jet have you done the math yeah

man it's crazy tell me you really want

to know of course I want to know

[Music]

um I recently read that you gotten an

exit from your um uh from your Venture

and you have about 200 grows in your uh

bank account right right so we just want

to understand how does your lifestyle in

general change when you go from having

less than a CR to Crossing 10 crores and

then Crossing 100 crores I learned

something in a very early stage from one

of my

mentors

said so basically for a person between

let's say a 25 CR to 100 CR mark same

lifestyle from a 100 CR to a 4 500 CR

Mark same lifestyle from a 500 CR to a

billion dollar Mark I would say same

lifestyle so tell me what changes

because you mentioned from 25 to 100

crores at same after 100 cres after 100

crores um you know you get the Liberty

to fly business I'll give you a small

example like I have a rule with my

family everyone any flight less than 5

hours I'll do economy okay or a pemium

economy any flight more than 5 hours

I'll do business okay but after a

certain wealth even a 1hour flight for

people becomes business okay right so

that is after 100 crores that's after

100 crores maybe what I've noticed is

that to meet very interesting people

people that you can learn from uh they

are usually sitting in you know your

business class uh seats but of course

that's really expensive and even I have

that rule um that um if my flight is not

sponsored then I will not take a

business class ticket if it is sponsored

then I'll take business class ticket but

when I sit in these business class seats

whoever is sitting next to me I'm

learning so much from them right it's a

great great experience and it's non-stop

talk I don't need to read a book or

watch anything on my phone but then not

everybody can afford you know paying

five times more or 10 times more

sometimes for that same seat so the hack

that I've figured out is that even if

you take premium economy at the back by

paying 700 rupees more you will still

find some very very interesting and

smart people and I've had great

conversation something for the audience

so so you mentioned that after 100

crores itself just about business class

tickets but then what happens after 500

cres what changes then then you start

flying private have you have you flown

private I've flown private yes come here

all the way from Delhi you came in

private no I came in economy today so

this wasn't

sponsored so I came an economy and um

how much does it cost a private jet yeah

it depends so if you're doing a Delhi

Mumbai I think about 5 and a half six

lakh rupes minimum one way for about

four five people if you do something

like a the buai 10 to 12 lakhs at least

and people who cross like 5 crows

usually are comfortable doing this easy

easy because once you make that much

money have you made any stupid

purchasing decisions no yeah I mean I

think I think I've been very grounded

that way and I'm not a great manager of

money to be very honest so I that was my

next question like how do you manage

your money okay so um so you're very

only good at making money I'm only good

at making money that's the truth so my

father manes he manages all our wealth

and I take a pocket money from on a

monthly basis okay yeah seriously

seriously so if I buy have to buy a new

car I'll tell him this is what I want

and then he have to give you permission

correct not permission he's the one

who's going to buy it for me so but like

do you are you aware of what's your

asset allocation and stuff like that of

course I am what is your asset

allocation so yeah I think uh about 50

to 60% of my wealth is in real estate

really yeah it's real estate and uh what

else yeah and uh 20 25 w% is into public

markets when you mean Public Market you

mean the share market

stock market stock market and the rest

is again in um you know Angel Investing

in different companies private Equity

startups private Equity companies like

mine correct we'll talk later

correct so you mentioned real estate

public markets and private markets

startup private startup do you know what

sort of returns you're generating in

each of these three asset class have you

done the math yeah man it's crazy tell

me you really want to know of course I

want to know um real estate for me is um

tripled in the last 3 years tripled

tripled in the last three years and he

300% returns 300% and that was just a

phase again real estate is all about

luck as well plots in G have tripled I

remember buying a plot for about um 13

crws when you mean plot you mean in the

outskirts of the city or in the city

bang on Golf Course Road goodg okay look

at Chamas Camas deal of Chas that

apartment was launched at about 28 crws

today that same apartment is for 75 crws

wow there are so many Founders I know

you know as well we can't name them now

who bought their homes in Chas when they

got their exit in 2021 their homes are

worth thce today wow the plots I bought

that time for about 13 to 15 crores

today are about 40 cres each so these

are plots these are plots these are,

square yard plots 500 square yard plots

how much how much tax have you paid last

year yeah not last year but total I

think in my journey I must have paid

close to 50 50 45 wat Cor in tax in

income tax in income tax tell me a

little bit more about real estate

because uh 60% in real estate is a lot

so can you tell me a little bit about

your real estate investing strategy so I

love Acres but I'm a bit shy when it

comes to investing in apartments of

course yeah right because the kind of

returns a land can give you an apartment

can't but that's an art that's a scale

also can you talk a little bit about

that how do you purchase these plots of

land or square yards of land or acres of

land in your case how do you identify

them and how do you what kind of returns

have you made the strategy to buying

land or the strategy to buying real

estate is you have to be an immediate

buyer what does that mean that means and

that's a of investing in companies also

okay um you know so many times I've seen

that the fact that we as a fund are able

to invest very quickly it's about the

timing it's about the timing it's about

let's say Shon you're raising for your

company right in times to come and you

have to choose from two different

investors one says okay due

diligence the other says 15 days money

in the bank who would you choose 15 days

of course 15 days no so that's where a

lot of winning happens especially with

real estate so a lot of transactions

I've done I think we've had a

transaction done within 3 to 4 days so

typically what is the ticket size that

you're dealing with and buying real

estate yeah anywhere upwards of um 20 25

crores well let's say for talking to the

audience over here right most people

will not have more than a crore right

they'll probably have 30 40 50 lakhs at

for them no for they can't think of

investing in real in a city like good or

Mumbai you cannot buy anything for 50

lakhs but if I'm ready to take a loan

and then buy that lot of land and then

try to flip it no bro very risky no

because okay when you have limited money

it's very important to only invest in

assets which are cashable immediately

okay but is it possible to make money in

real estate if I have let's say like 50

lakhs one CR no so it's possible to make

money in real estate no matter how much

money you have you just have to look for

the right area so for example if you've

got a great pool of money you can be in

Gau or Mumbai if you don't go to to your

3 town real estate is an asset right

it's growing everywhere and then again

another advantage of real estate when

you use it wisely for example I can

easily take a loan against my property

at a 9 10 11% I can give it to you to

give me at least a 25 30% annual return

so once you've got a tangible asset

against which you can borrow nothing

like it according to you when is the

right time to buy a house like after

what sort of net worth you I mean I I

know you bought a 10,000 ft house right

after what net worth did you buy a house

yeah so I had certain okay so I've been

wanting to buy a house house from the

last um five or 6 years currently you're

36 currently I'm 36 so since the age I

was 29 I've been wanting to buy a house

for myself you know have an independent

lifestyle and paternal home was there so

my parents continued living in that

house so for me buying a house was more

of an emotional decision and I

think right at

least so I waited for the right time to

be able to have that liquidity to be

able to buy that house debt free right

oh you bought your your houses without a

loan without a loan obviously I bought

them after cashing out so obviously I

had no loans in my house

but so it's very easy for you to say

that right because you got like let's

say a secondary you got 60 crores in

your bank account correct and then

buying a five CR house you wouldn't care

but for most people watching over here

they have overall net worth of let's say

10 lakhs 20 lakhs for them to get a

house let's say minimum 2 CR investment

in Mumbai at least they have to get a

loan right so how do you look at that so

I would say don't get a house mbai all

I'm saying

is but I need to have a shelter I need

to have a place where my wife my kids my

parents can come back to on a daily

basis because interesting that

debate you put twoes in public markets

again man putting money where it is

easily cashable you watch my real two

Crowes in house or two Crowes in the

markets ah so again someone like me

who's very impulsive greedy would

say there's a high chance of me losing

that 2 CR also or maybe that 2 becoming

1.5 but I've got a house which is a 2

house I

know interesting so we come coming back

to your asset allocation right we've

talked about real estate a lot how is

your stock market investment no idea you

don't know that's what your dad is

looking at that's what my I know my

family owns 25% of wealth is in public

markets

no idea which mutual fund which stock

you don't know no idea so private

markets the startups I'm sure you would

be knowing that right can you talk a

little bit about how many startups have

you invested in and what sort of exits

or returns you've gotten from yeah I've

just invested in about five six startups

right now um I had a you know I took a

10 CR rup amount from my father recently

and I said let me invest it in startups

meaning you asked I want my money 10

crores I'll not put in so you like how

do you look at startup Investments like

how do you invest yeah I do a lot of gut

investing like a company

that was a very big check for me so out

of 10 crores I've invested about 7

crores in a company called Univest so

been get very concentrated bet very

concentrated very concentrated bet in

Univest because I saw a lot of value

that company would add to the market and

we seeing the returns I mean the money

is already grown 3x already in the last

15 months which is fantastic wow um you

know 4X I would say which is brilliantly

amazing and then apart from that um you

know I've just launched in fact we're

launching and I hope by the time this

comes you we would have launched it a

venture Studio we're calling it wolf

pack Ventures interesting so basically

you're helping young Founders in their

zero to1 Journey because that is the

hardest that's the hardest and you also

had five startups of your own right

before you became successful so you had

a lot of learnings of what to do and

what not to do correct the question is

is that today I let's say a 25 30 30y

old chap 25 let's be younger let's be 25

25 year old CH working um in India and

if I want to reach a network of let's

say 10 crores in the next 20 years what

should be my blueprint what should I do

step by step how what would you do okay

first your blueprint should be to reach

10 crores not in 20 years but in 5 years

okay okay you've got to be impatient

you've got to do things patiently but

you've got to be impatient okay okay

second it's very important Sharon to

match your skill set with the kind of

work you do it could be business it

could be entrepreneurship same thing or

it could be a job or it could be content

creation you need to match your core

skill set for example my core skill set

is 0 to one I'm great with ideations I'm

great with execution I'm great with GTM

strategies once you've identified your

core skill set you create a business

around

it very important you cannot be a fish

who is trying to compete with the

birds okay okay let's say if you're

great with HR you open your own HR

agency the easiest way to create wealth

is simp similar to how government

Partnerships work have you heard about

the B model buer and transfer I work on

a model and I have no shame in saying

this I work on a Model saying B build

operate scale uh sorry cell build

operate cell boss okay boss build

operate scale scale and I like it the

Boss model the Boss model you know a lot

of VC a lot of people say don't build a

company to sell and I agree with that

don't build a company to sell but build

a company in a way or build a business

in a way that is easily sellable and

function either get a co-founder with

that or hire the right people very

important and always know your safety

net don't be greedy if 10 CR is your

safety net P 10 CR

exit gun for the 100 so like my safety

net used to be 25 trust me sh that day

someone would have told me that Hey

listen we'll buy our entire company for

30 CR I might have sold it oh yeah but

then great I got offered 60 60 H an I

regret this today but fair and then you

got another 200

yeah so you mentioned that you're very

good at making money right not managing

money I never said that you said that

but you agreed you're very good at

making money so uh what are some of the

things that you know that very few

people know about making money okay be

flexible about your ownership of your

company

what does that mean that means tell me

something Sharon you were starting out

new today let's say a d2c brand or any

brand okay um you have two options one

build it on your own okay and then go in

the market raise VC money blah blah blah

blah blah second get me as your partner

put in 35 40 50 lakh rupees and I take

30% what would you choose and be very

honest you might chose I I I'm assuming

that I've crossed the 0 to one stage

right now the risk has significantly

reduced so I don't need to give away a

lot of equity absolutely but if I'm

starting from zero and let's say I meet

you in a in a business class seat and

you talk to me about how much you have

achieved right then I'm very inclined to

want to partner with you and at that

point of time if you're going to

minimize my Risk by 90% I would be very

happy to give you 30% I'm glad because

you mindful of that a lot of people are

not Equity yeah right of course so if

I've invested 50 lakhs in a company I

have to bloody make sure that this

company thrives this company successes H

this company succeeds so it's very

important for people to understand that

once you're raising Capital with the

right people especially if your

investors have the right skin in the

game and are able to help you operate

the business teach you the right things

the journey becomes far more simpler see

it's all fun and uh prestigious to be an

entrepreneur running your own business

and all of that is there any you know

incidents in your life which you faced

during your early days where you just

couldn't deal with that pressure and

what you did to come out of it true

story 20

2019 me Bangalore Amazon office and if

you've been to the Amazon office there's

a beautiful Lake in their office complex

okay so there's a mall on the right and

there's a lake in the center and then

there's this HTI Cy um you know the

coffee place dude I have sat on the

bench outside in front of that Lake

below the Amazon office I think 20 30 31

years old and I've cried I've wept like

a baby

P minute because I was so frustrated

what happened my journey with bellavita

Amazon Flipkart I'm a growing

entrepreneur everyone on Amazon is

working Flipkart is working they're

looking

and right so I'm there without an

appointment trying to get more um

insights of how can I make this better

Etc so that frustration that weight

frustrates you right and plus you're

taking care of 10 different things so

imagine a grown man 31y old 2y old

sitting on a bench crying and then

sipping coffee by himself that's the

kind of things you go through so people

get to see the plush life of us they are

successful we've gone through struggles

now coming back to struggles sh's very

important to take the right advice from

the right person if you really want to

become an entrepreneur go take advice

from an

entrepreneur

advice that's better than taking advice

from your cha who in service now flip it

let's say I'm an entrepreneur and I'm

having terrible days okay I call up some

uncle or my dad and I

say who's also D guy would

say this is business that's how it's

done it move on dude one day gone

next and the best way to keep yourself

motivated Shan is by living in the the

future example as in imagine how your

life would be once you've achieved what

you're trying to achieve so that's what

you did when you wereing that's what I

did that's what I did and that shade you

know I say this share a lot of times in

a lot of my

talks cool now let's talk about the the

big letters on your shirt which you want

today okay unicorn a and very proud of

say that I also invested uh a small

check size in your company and that's

how the entire conversation began that

um that initial discussion uh but what

is unicorn. a I mean is it like a

unicorn company from day one what is it

so we are building a platform built

already unicorn. it means you and I

connect and we've solved the problem of

access so let's say sh you're on the

platform and your rate card is 10,000

rupes an hour I'm discounting it a lot

I'm sorry just everyone the entire

professional Workforce of our country is

there okay everyone sets their own rates

you've got every single person on the

platform from Akash to the executive

level guy of bellavita so basically

you're saying that I can pay for the

time of really successful and rich

people yes when have you ever driven a

car in fog in what fog fog when there's

fog dund no I have not driven okay okay

so Delhi has a lot of fog Mangalore and

Bangalore yeah so Delhi has a lot of fog

you know what's the best way to drive a

car in fog or in a unknown territory

unknown terrain especially in the Hills

you just follow the car ahead of

you you don't follow the car 10 cars

ahead of you yeah okay that's the same

Journey as growth beautiful analogy

that's the same Journey as growth

basically what you're trying to say is

that when you want advice don't seek it

from people who are 10 steps ahead of

you seek it from people who are like two

three steps ahead of

you now the question should be why can I

not ask this one to one in my own

company okay if I'm working in bellavita

why can't I ask my senior manager my VP

how to become a VP right or as an

executive why can't I ask my manager on

how to become a manager why because

insecurity right and I'm sorry I'm

putting this out there but people are

shy of helping other people also because

of their own

insecurity which is okay not okay at the

same time so if human nature human

nature and nothing wrong with it

everyone's insecure so an employee in b

wants to become a senior manager could

find a parallel company and ask that

senior

manager and that's the guy who's going

to give you true advice absolutely I

think it's almost 9:00 here I'm here all

day uh thank you so much guys for

watching till the end thanks guys and

I'll see you in the next one