The World Opinion

Tag: Business Success Story

  • Meet Sanjeev Sharma, IIT Alumnus Who Is Principal Engineer At Elon Musk’s SpaceX, Worked With Indian Railways For 11 Years Before Moving To US | Economy News

    New Delhi: Sanjeev Sharma, the SpaceX Principal Engineer has gone viral on social media after a tweet on his LinkedIn Profile was circulated and commented widely by netizens.

    In an X (formerly Twitter) post, a user shared Sanjeev’s LinkedIn profile, captioning it “Indian Railways for 11 years to now at spacex is some next level stuff”.

    Indian Railways for 11 years to now at spacex is some next level stuff pic.twitter.com/jWwxCHg2Am
    — Dhruvesh (@naik_em) October 15, 2024

    Sanjeev started as Indian Railways Divisional Mechanical Engineer at the Indian Railways in 1990 and quit Railways Indian Railways in 2001 as Deputy Chief Mechanical Engineer

    He worked at Seagate Technology for around 9 years. He joined there as Staff Mechanical Engineer in 2003 and left the job 9 years later as Senior Engineering Manager.

    As per Sanjeev’s LinkedIn Profile, he joined the Structures Group, Dynamics Engineer (SpaceX) in 2013 where he described to have worked on recovery and reuse ability of the first stage booster starting from F9-005 to F9-0059. Led the structural dynamics effort working closely with aerodynamics, GNC, propulsion and thermal. After working in the position for nearly 6 years, he joined Matternet Inc in 2020 before and left as Head of Technology in 2022.

    He again joined as Principal Engineer in SpaceX in 2022 at the company’s Los Angeles area in the United States.

    Sanjeev’s qualifications, as described in his LinkedIn profile, says, an alumnus of Indian Institute of Technology, Roorkee. He did his Bachelor’s degree, Mechanical Engineering from Indian Railway Institute of Mechanical and Electrical Engineers. 

    He did his MS in Management from University of Minnesota between 2007 – 2008. He has a MS, Mechanical Engineering degree from University of Colorado Boulder that he pursued during 2002 – 2003.

  • This Person Worked 90 Hours/Week, Sometimes 20 Hours A Day To Save Money For His Restaurant; Now A Billionaire Worth $9.5 Billion | Economy News

    Todd Graves, the founder and CEO of the fried chicken fast food chain Raising Cane’s, has entered Forbes 400, a list of the 400 richest people in the US, and has become the 107th richest person. Currently worth $9.5 billion, the 52-year-old entrepreneur put in 90 hours a week and occasionally 20 hours a day to raise the money he needed to open his own restaurant. Todd also worked as a boilermaker in an oil refinery and in the dangerous trade of commercial salmon fishing. Graves opened his first restaurant Raising Cane’s because he believed that “if people tell you something can’t be done, it makes you strive so much more to do it.”

    Born in 1972 in Louisiana, United States, Graves graduated from The University of Georgia. It was during his time at the Louisiana State University that the idea of the restaurant first occurred to Graves. He had pitched the idea in a startup-pitching assignment but received the lowest grade. The professor said a restaurant serving only chicken fingers in South Louisiana would never work.

    “If people tell you something can’t be done, it makes you strive so much more to do it,” Graves had told students at Nicholls State University in 2009.

    To raise his own capital to start his restaurant business, Graves traveled to Los Angeles and worked as a boilermaker at an oil refinery, working 90-hour weeks. When he learned that there was potential for even greater financial gain, he went to Alaska and worked in the dangerous trade of commercial salmon fishing working 20-hour days in harsh conditions.

    The young entrepreneur used to present his business plan to bankers but each time, he received the same negative response. However, Graves stayed disciplined and focused on fulfilling his dream. In 1996 he launched his restaurant Raising Cane’s. He named his business after his yellow lab, Raising Cane. Todd spent between $40,000 and $50,000 of his own money, plus borrowed $100,000 from friends, and family and took a loan, to open his restaurant.

    Graves had no experience managing a business when he started the first restaurant. He worked seven days a week at the restaurant, from its opening till closing. But today, Raising Cane’s Chicken Fingers is a $3.7 billion, rapidly expanding company with 800 stores throughout more than 40 states serving chicken fingers.

    Graves is married to Gwen Graves and has two children. Graves has no plans to sell his stake to private investors or take it public. He wants his kids in the business and turn this into a worldwide business. “I want my kids in the business to be able to carry our values on after their mom and I are gone,” he said. “They can turn this into a worldwide business and continue to grow,” a company spokesperson told a media channel.

  • From Rs 500 To Rs 5 Crore Pickle Empire: How A Woman From Small UP Village Moved To Delhi And Founded Flourishing Achaar Business, Received Award From PM Modi | Economy News

    New Delhi: Distress and misfortune sometimes lead people to a path where success is not only limited to monetary gain, but social recognition too. Today’s success story is about a woman from small UP town, who showed that the path to success could be challenging but it will be achieved.

    Despite never attending school, Krishna Yadav started the company Shri Krishna Pickles. She used to run a family that lived off of roti and salt and couldn’t afford to eat veggies, but today she runs a company with an astounding Rs 5 crore in annual revenue. Krishna started as a roadside vendor selling pickles but rose to such prominence that she was awarded the esteemed N G Ranga Farmer Award by Prime Minister Narendra Modi himself. 

    Krishna Yadav’s life amidst extreme adversity

    Krishna Yadav, born in Uttar Pradesh, faced extreme adversity after her husband lost his job as a traffic police officer. They faced financial difficulties and were forced to sell their two houses. The family lived on salt and roti for months since they could not afford vegetables.

    With just Rs 500 in her pocket, Krishna decided to relocate to Delhi with her husband and three children. The couple started sharecropping in a field after experiencing months of struggle.


    The turning point in Krishna Yadav’s life

    The couple started producing vegetables but struggled financially. Krishna later attended a post-harvest lost value addition training program at Krishi Vigyan Kendra where she learned to make pickles and murabba. In 2002, she started making karonda pickles and candies at home, and her husband used to sell them at roadside stands.

    Launch of Shri Krishna Pickles

    Krishna’s unique pickles started drawing customers to her product. Over the next few years, the demand for her pickles grew, prompting her to formally launch her company, Shri Krishna Pickles. Her business started to flourish and have a huge customer base owing to the distinctive quality of her products. With a five-storey facility in Delhi, Krishna, who came to Delhi with Rs 500, has grown her business to an impressive annual turnover of Rs 5 crore. 

    Krishna’s husband and eldest son are also involved in the business, while her other two children are pursuing higher education. It is an irony that Krishna who has never attended school is invited to give lectures at Delhi schools.

    Awards and recognition for Krishna Yadav 

    Krishna Yadav has received several awards including the Outstanding Women Award from the National Commission for Women in 2012; the Innovative Award for Agriculture and allied activities during the Global Agriculture Summit in 2013; and the prestigious N G Ranga Award in 2014.

  • Farmer’s Son’s Launches Startup Earning Rs 2 Cr Per Month; His Journey From Poverty To A Successful Entrepreneur | Economy News

    New Delhi: Some entrepreneurs must navigate difficult pathways and overcome obstacles to succeed. Nevertheless, despite several setbacks and difficulties, they persevere in their battles and realize their dreams. One such businessman who overcame all obstacles to success is Dr Akram Ahmad. It is incredible how Dr Ahmad, raised in a family of humble farmers, left his Rs 6 lakh job to create Academically Global, which brings in Rs 2 crore a month revenue. 

    Early life and struggle of Akram Ahmad

    Akram Ahmad, born into a farming family in Uttar Pradesh, aspired to become a pharmacist and open a medical store. His academic strengths led his father to enroll him in medical education, leading him to pursue a Doctor of Pharmacy at Annamalai University. Once during a discussion with a US speaker at his university, Ahmad came to know about the opportunities available abroad for medicine aspirants and professionals. 

    Exploring opportunities abroad

    After pursuing several chances, Ahmad landed his first job in Malaysia as a pharmacology lecturer. Eventually, he made a good living working in Sydney and Malaysia.

    Ahmad was studying for a PhD at the University of Sydney when he noticed that medical professionals from India and other nations relocated abroad in pursuit of better job opportunities in the medical field. But because they were ignorant of resource materials, licensing exams, and the routes to better, higher-paying careers in the healthcare sector, they were forced into menial labor.

    The Birth of Academically Global

    While working as a research manager at Sydney Children’s Hospitals Network, Dr Ahmad started sharing knowledge on YouTube about exams for foreign medical job opportunities, gaining a large following on the online platform.

    Akram Ahmad Quit Rs 6 lakh/Month Job, Now Earns Rs 2 Crore Monthly

    In 2022, quitting his job of Rs 6 lakhs a month, Dr Ahmad launched Academically Global, a healthcare EdTech platform based in Sydney and India, offering medical professionals courses to prepare for licensing exams for higher-paying foreign medical jobs.

    Started with an investment of about $50,000 Academically Global witnessed a dramatic increase in applicants. Currently, the EdTech platform serves students across 75 countries helping them clear licensing exams. The EdTech platform startup is also earning Rs 2 crore in monthly revenue.

    Dr Ahmad is dedicated to ensuring every student has the opportunity to succeed, regardless of their background.

  • Meet World’s Richest Beggar: Lives In Duplex, Owns Flats Worth Rs 1.4 Crore – Know All About His Net Worth | Personal Finance News

    New Delhi: When we think of beggars, we usually picture someone living in extreme poverty, struggling to get by each day. However, did you know that there is a beggar who has become surprisingly wealthy? Yes, the world’s richest beggar has managed to turn begging into a source of significant income. 

    Meet Bharat Jain, the richest beggar not only in India but in the world, as per Economic Times. Bharat Jain is from Mumbai and owns properties worth crores of rupees, out-earning many well-educated corporate professionals. 

    Bharat Jain faced financial difficulties which prevented him from getting an education. However, despite all these challenges he married and has two sons, both of whom have completed their education all because of his dedication and hard work. Bharat Jain’s net worth is reported to be around 7.5 crore and his monthly income ranges between around Rs 60,000 and Rs 75,000 which is much higher than many salaried professionals in India.

    Bharat has not only earned money through begging but also made wise investments. He owns two flats in Mumbai worth Rs 1.4 crore and has invested in two shops in Thane. These shops bring in a monthly rental income of Rs 30,000 which helps him with a steady income in addition to his earnings from begging.

    Even with his considerable wealth, Bharat Jain continues to beg at locations like Chhatrapati Shivaji Terminus and Azad Maidan in Mumbai. He lives in the Parel area and his children went to a convent school. His family runs a stationery store which provides another source of income for them.

    Bharat Jain’s story is a testament to extraordinary hard work and resilience. Despite facing financial hardships early in life, he has not only achieved significant wealth but also ensured a better future for his family.

  • Who Are Madhu Chandak, Manjri Chandak, Jyoti Kabra–The 3 Daughters Of India’s Richest Retail King Radhakishan Damani Having $23 Billion Net Worth | Companies News

    New Delhi: Radhakishan Damani is an ace stock market investor and owner of the D’mart chain of supermarkets. He is the founder and chairman of the retail chain Avenue Supermarts Limited. One of India’s richest people, Radhakishan Damani’s net worth is $ 23 billion. He is often referred to as India’s retail king.

    His three daughters Madhu Chandak, Manjri Chandak, and Jyoti Kabra are actively involved in the business he has founded.

    Here Is All You Want To Know About Radhakishan Damani’s Three Daughters Madhu Chandak, Manjri Chandak And Jyoti Kabra 

    – Madhu Chandak is a director at Bombay Swadeshi Stores. She represents the interests of Radhakrishan Damani on the board of trustees. She manages D-Mart’s CSR activities.

    – Madhu Chandak holds a master’s degree in finance from Cardiff University.

    – Manjri Chandak is the director of Avenue Supermarts Limited. She is currently associated with seven Companies, including Avenue Supermarts Limited.

    – Manjri Chandak is involved on a day-to-day basis, especially in merchandising. She is interested in consumer businesses and is guided by her father in the consumer business operation.

    – Jyoti Kabra is also involved on a day-to-day basis in merchandising and receives guidance from her father regarding the operations of consumer businesses.

    – Madhu Chandak, Manjri Chandak, and Jyoti Kabra took over half the 115-year-old Bombay Swadeshi Stores’s stake for Rs 42 crore in 2015.

    – Bombay Swadeshi Stores was the country’s oldest retailer founded by freedom fighters Bal Gangadhar Tilak, Mummohandas Ramji, and industrialist JRD Tata.

  • Meet Man Who Built Rs 500 Crore Company With Just Rs 10,000 After 20 Failed Attempts

    Through years Nahar tried his hand at almost 20 different ventures but unfortunately none of them worked and eventually led to disappointment.

  • Meet Young Entrepreneur Who Went To Shark Tank India And Built Rs 10 Cr Company From Just Rs 2000 | Companies News

    New Delhi: From a small idea to a successful enterprise, this young entrepreneur’s journey is a story of grit and determination. She started with just a few thousand rupees but her vision and hard work turned that into a thriving business. 

    In today’s success story, we will be talking about Shelly Bulchandani who is a young entrepreneur hailing from Ajmer. Shelly caught worldwide attention in her latest episode of Shark Tank India’s third season with her innovative hair extension startup named ‘The Shell Hair’.

    The Shell Hair Launch 

    The Shell hair was launched in the year 2020 and it quickly garnered attention for its diverse range of products. Its products include hair extensions, wigs, toppers, bangs and colorful streaks. The speciality of this product is that it cater to the style-conscious taste of today’s youth. (Also Read: Centre Lifts Ban On Onion Export, Fixes MSP To Woo Farmers, Traders Ahead Of Phase 3 Polling In Maharashtra)

    Balancing Business and Studies

    Shelly manages to balance her studies along with her thriving business despite being a second-year MSC IT student. Her commitment and the high quality of her products has earned her recognition in both online and offline markets across the country. Shelly;s ability to juggle academics and entrepreneurship demonstrates her remarkable discipline and drive which makes her a rising star in the world of business. (Also Read: Six Adani Group Companies Receive Notice From SEBI; Know Why)

    Began Entrepreneurial Journey at 20

    Shelly faced fair share of challenges yet she never gave up. She began her business journey when she was just 20 years old and started with a modest investment of Rs 2,000 to buy hair from a vendor in Jaipur. Her initial success paved the way for expansion as her business was generating an annual revenue of around Rs 1.2 crore. Her determination and hard work drove her startup to greater heights as she achieved sales of around Rs 36 lakh in the last fiscal year.

    Shell Hair products: Affordable Prices

    The Shell Hair products are made from authentic Indian Remy hair which are sourced from single donors, ensuring top-notch quality. Further, these high-quality hair products are priced 30-40 percent lower than those of competitors which makes them both superior and affordable.

    Shark Tank India: Pitch Impresses Investor 

    In a recent episode of Shark Tank India, Shelly pitched her hair extension startup ‘The Shell Hair’ seeking a valuation of 10 crore rupees. She offered 3 percent equity in exchange for an investment of Rs 30 lakh. Aman Gupta, one of the show’s investors, was impressed by Shelly’s entrepreneurial journey and the potential of her business. He made a compelling offer, recognizing the promise in Shelly’s innovative approach to hair extensions.

    Initially, Aman Gupta offered Rs 30 lakh for a 5 percent stake in The Shell Hair. However, after further discussion, he proposed Rs 30 lakh for a 3 percent stake. Shelly accepted this offer which marked a major milestone for her startup. 

  • Meet Hrithik Roshan’s Business Partner Who Worked With Famous Bollywood Stars And Built Rs 1,000 Crore Company

    Zaidi’s skill in talent management and sharp business sense has propelled Exceed into a leading position in India’s entertainment industry.

  • Read The Inspiring Journey Of Mira Kulkarni From Single Mother To Becoming One Of India’s Richest Women | Companies News

    New Delhi: Meet Mira Kulkarni, a woman whose journey is a testament to resilience and strength in the face of adversity. At a young age her marriage came to an end which left her to shoulder the responsibilities of raising two children on her own. Despite the challenges she faced as a single mother, Mira refused to be defined by her circumstances. Instead, she embraced her role with unwavering determination, turning every obstacle into an opportunity for growth.

    Faced struggle in marriage

    Mira’s story of strength started during tough times. She got married at the age of 20 but had to go through a lot of problems as her husband’s business started to struggle and alcoholism followed. Despite these hurdles, Mira wanted a better life for herself and her two children. (Also Read: The 127-Year-Old Godrej Empire Split: How It Was Resolved Amicably)

    So, she made a brave choice to leave her husband and move in with her parents. But, unfortunately tragedy hit her life again and she lost both her parents by the time she was just 28 years old. After this she had to take care of her kids all on her own. Mira stayed strong and kept moving forward, determined to create a brighter future for herself and her family. (Also Read: Google Layoffs: Workers Lodge Complaint Alleging Unfair Firing Of Employees)

    Discovered interest in making candles

    When Mira turned 45 and her daughter was grown up and married, she discovered a new interest in making candles and handmade soaps. This hobby gave her a sense of peace and meaning. It also inspired her to venture into her entrepreneurial journey. So, in the year 2000 she took the first steps to create Forest Essentials.

    Began business journey with just Rs 2 lakhs

    Mira began her business journey with only Rs 2 lakhs and two employees. Starting in a small garage she turned the modest beginnings into a successful enterprise. She got inspired by Ayurveda and carefully sourced natural ingredients from the Tehri Garhwal region which gave her products the essence of nature’s gifts.

    Company grew into a multi-crore business

    With time the company grew into a multi-crore business and expanded its presence to 28 cities across India. In 2008, Forest Essentials partnered with Estee Lauder Companies marking a significant milestone that saw Estee Lauder acquiring a small stake in the business. The prestigious hotel chains like Hyatt, Taj, and many others are proudly associated with this iconic brand.

    Most Powerful Women in Business for India

    Mira’s remarkable accomplishments have earned her widespread recognition, including being named as “Most Powerful Women in Business for India” by fortune magazine for several years. She is also acknowledged as one of India’s wealthiest women with an net worth of Rs 1,290 crores as per the 2020 edition of Kotak Wealth Hurun.