If you learn how the money is earned and what it takes to earn money then you will spend accordingly and spend as much as it’s important in your life. As I have that one principle in my life that my parents have raised me with such a fairytale lifestyle so now, it’s my chance to make their life a Fairytale.
1. Tell more about yourself, background, and
journey?
I am Sumesh Raghwani and I am 26 years old.
I came from Business Family Background. And my areas of interest
are Business, Finance, Startups, Technology, Psychology & Spirituality, Content
Writing, Music, Dance, and Sports.
Aspiration to become a Philanthropist, Businessman, and Actor.
Educational
Background:
I have completed my Overall Education from Takshshela Junior
College, Ujjain, and Completed my Bachelor of Engineering in Computer Science
Domain from Lakshmi Narain College of Technology & Science (RIT), Indore.
Journey:
And after I completed Engineering, I have started my
Start-up in mid-late 2019 as Global Business Development Project as I’m having
a keen interest in Business, Finance, and Startups.
And Belonging to a Business Family. I have spent long years
in Business Cycles I love doing Business and if I sum it up in one word then it
would be Business is in my blood and my Passion for Business never stops. I
love to learn about new-era businesses and the models they are applying to grow
their business both online (E-Commerce) and offline (Click and Motor Model /
Brick and Motor Model). And having an interest in Technology Field too I am
having too much interaction in Technology and Machines.
But In late 2020 I have shut down the start-up as it is
bleeding money and having many losses as compared to Profits. And After then I
have researched the business in many sectors like FMCG, Clothing Industry, and
Online Business. After spending lots of months I have learned a lot of things
about those Sectors and have an idea about how to start a business in
Aggregator Model in an effective way.
As in my early stages of life, I have an interest in Human Psychology, and it was my part of life where I interact with lots of people and I always connect with them. I believe in Frequency, Vibes, and time by time my I got a deep interest in that and then I was curious about it so I have searched the topics on Google and Social Media Platforms i.e. Twitter, LinkedIn, IG, Facebook, and many blog posts, Websites too.
And after that, I was not satisfied with that content so I have started reading books related to Personal Development, Psychology, and Spirituality. And after reading books, I got the clarity and I was enjoying the content. I spend my maximum time understanding the topic in a deep manner and it builds me a foundation for my life.
After I have pursued BFSI course from Thadomal Shahani Centre
for Management and learned about the working structure of the Banking System
and how the money is been generated and those funds are now being invested in
many sectors such as various investment schemes, and how NBFC has a major role
too in the Financial and Banking Industry and how Stock Market is having a
major role in Finance and impacting lots of Industries.
And after completion, I worked as Relationship Officer
–Sales in State Bank of India. Parallelly, I’m actively writing content and
reading many books in my domain such as Spirituality, Psychology, and Personal
Development. And have completed many Technological Courses from Simplilearn and
Pursuing Data Science from Simplilearn. As I want to make the best model that
fits with both Technological and Finance too.
And right now, I’m a Research Associate in NielsenIQ. And
right now, I’m learning new Etechnological stuff which will help me in the
future.
2. Should self-respect be a
priority? Because many hermits claim that people’s opinion has no bearing on
who you are, but it can be discouraging.
Yes Absolutely, Self-Respect should be a Top Priority and you should carry an optimistic and Abundance Mindset that will make an Extra-Ordinary life.
And one more thing I have to add in this is you should know
where you have to keep in the top priority. As I have seen many peoples have no
idea where they have to apply it. Because if you know where you have to apply
it you will be a Cherry on Cake and you will be Happy having no regrets side.
And If you know yourself enough then what people will say
will not impact your lifestyle and you know there is no black and white
situation where you will get a solution sometimes the answer lies in the grey
part of it so basically the point of understanding is that First, you should
analyze the situation and always be ready for the controllable which you should
implement in your life to make you better and observe it and you will see it
crystal clear and it will not be discouraging anymore.
3. Youngsters are influenced by their parents' wealth; therefore, how should they deal with these people?
See this is a very important topic everyone should be aware of it that Parent’s Money is not our backup Funds. It’s their Hard Work Money and Everyone Should Know this if you want to be a Successful Person in Life then you should have to become an independent person in life and manage your finances by itself and not taking parents’ money and spend it.
If you learn how the money is earned and what it takes to
earn money then you will spend accordingly and spend as much as it’s important
in your life.
And you should always have that mindset that I will generate
my income and I will make my wealth and my parents will live their life full of
joy and don’t worry about the money.
As I have that one principle in my life that my parents have
raised me with such a fairytale lifestyle so now, it’s my chance to make their
life a Fairytale.
4. How could one deal with such a negative situation in life if one's mother makes distinctions between her children?
This is a very difficult situation to live in an environment where you have been discriminated against. and to be true I have been in this situation in my family where the discrimination has there between the children and by this, I have suffered from various mental issues and having self-doubts and by this, my performance level was low at that time although I was doing best from others those situations have kept me behind.
But my parents have always been there for me and have supported me a lot throughout the journey. I have learned many more from this situation and I’m grateful now to learn from struggles earlier and now if I flashback to childhood memories sometimes I feel bad as you know if you go through bad times then you will be happier in good times.
As parents are the foundational pillar of the children and
as we all know that if the culture of home is optimistic then the children will
grow differently as this major issue is lacking in our world. And if this
concerns our society takes sincerely then this issue won’t happen. So if you
want to make your children successful then apply those cultures which will make
your child successful. As we all know our habits will make beliefs and making a
strong foundation.
5. What are your tips for people who want to
practice this profession?
That’s an amazing question you have raised and the answer
lies in between the question.
Firstly, you have to be clear about it thoroughly because in
starting we have no idea about it from where I have to start and where the end
goal is and by this 99% people don’t get what they want to desire about it and
it takes more time to reach that goal. Having a Sense of Urgency and Sense of
Constant Learning is most important.
And as I have found out my way and learned many things in
various fields and I know it takes me more time but you have to find a good
mentor that will help you to start your journey effectively and step by step
guidance. As I have also found a mentor which is guiding me throughout.
Learn from books that will teach you about this profession
and go to the market and see the practical version of it because we all know if
we can’t do practical then there is no way to grow and make it scalable. Read
books especially from Personal Development in various domains by this you will
learn many things in the limited time span.
And there is no shortcut to success you have to pay the
price for it. You have to learn and spend most of the time in practice by this
you will sometimes fail, sometimes succeed, and eventually, you will succeed.
And in whatever profession you have to choose to be in that zone fully and you
will learn.
6. What are some of the most important factors for
running a successful business?
See To run a successful business you have to filter out the
stuff then only you will run it with a life span.
· You have to start a business to make people’s
life easier not only to generate profits because if you have a long time vision
then you will work upon it like that only and profit will be a by-product of
the business.
· You have to choose a particular sector you have
to start your business and research about it that you know all the fundamentals
of it. So by this, you will have a smooth start and your passion drives you.
· Learn from your competitor’s mistakes and have
an open mind that what they have done mistakes in the situation and what you
will respond to that situation.
· And never ever copy the other’s business as
someone is doing next to my area/house because by doing this you are making the
area disruptive and if you really have an idea that generates profits then have
that mentality that you both will generate profits and no one will suffer any
financial and customer’s degradation. This is called Collaboration.
· Principles, Ethics, Values are the most
important thing while running a successful business over a lifespan of 100+
years. These Principles are taught to us by my parents as it is not for
business but for life too.
· And Business takes a long time to make a
foundation by which you will run the business effectively. And yes you have
heard it right as business tests you with your ability to grow and make your
business scalable with an interval of time.
· Carry a positive mindset throughout good and bad
times as the market is not stable always so we have to maintain a balance in
both times then only you will succeed in your business.
· Big Business does not come from a big amount of money but from a Big Idea. So just have that Big Idea that will automatically become a big business.
Bio:
My Name is Sumesh Raghwani and I’m a Research Associate at NielsenIQ. And my Aspiration to become a Philanthropist, Businessman, Actor.
My Biggest Achievement is I have Completed 15+ certificates
in various subjects in less than 3 Months from Simplilearn. In parallel, I also
write content consistently and read a lot of books on Psychology, Spirituality,
Personal Development. And with the help of these my journey is to on next
level. And I’m grateful to God and my parents for everything.
Interviewed By - Sugandha Dhanawade
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