So in the episodes so far, I have tried to give Rahul a strong mindset. A mindset that will make him successful in life. But now we talk that when we are talking about earning money, then Rahul will have to understand a mindset. What is the difference? Business can be in everything. What does business mean? Business means solving people's problems and in return, you definitely something. So you make money out of it. You solve people's problems. The problem can be so small that someone has to polish their shoes. So from polishing shoes to selling airplanes, people have different problems. And the bigger the problem you solve, the more money you earn. Now let's take an example here today.
Rahul does not have much money. Now Rahul is from such a house that there is not much investment in it. What can Rahul do? Now what happens when we talk about becoming rich, people say that start SIP, will become rich in 40 years. Does Rahul have 40 years? No, Rahul needs fast growth. If you want fast growth, you will have to earn money for it. How will the money come? We told Rahul to do a job somewhere. Maybe he has not got a job yet. You are listening to this video today. Okay, you have in your mind that we have to do a job, we have to try, we have to do business with we have to do a partnership with someone.
Things have come to your mind. But I believe that you need to start, no matter how small it is, no matter what business it is. Let me give you an example. When we talk about start, I am writing start small. You start small, but listen very carefully to this video business mindset. So when you want to start small and start small business, there is no problem. What do you do? First of all, you need an idea. An idea in which you can see that profit can come. Now I am not just saying that you start making a software, start making an app, because Rahul does have his expertise.
So you have to do something in which you need less expertise. But I am a business mindset person to give Rahul. So how will it come? Now what does Rahul see? Rahul has a friend who does a job. He sets up a stall for momos. He sets up a stall for momos. There is a stall where momos are sold. Now his friend says that the investment to set up a stall is Rs.
20,000 to Rs. A stall is set up for Rs. 20,000 to Rs. 25,000. Now you will say that we were talking about financial transformation. We were talking about becoming rich. We were talking about becoming millionaires and billionaires. Sir, where did you come to the stall of momos? Sir, understand your business mindset. Just understand what will be the difference between his friend and Rahul. So Rahul listens very carefully. Rahul says that tell me what are you doing these days? So he says that a momos stall is set up for 20,000 to Rs. We bring momos. We bring raw momos. We don't have to make it. So it costs us something and there is a good profit in it. So Rahul says that how much profit is there, how much profit is there? So his friend says that I my own stall for a month and earn Rs. 20,000 to Rs. 25,000 and earn profit. Rahul says very good. He says that sometimes the sale increases, so I have earned Rs. 40,000, but it never goes less than Rs.
20,000. So Rahul sees the fluctuation that profit can come from Rs. 20,000 to Rs. 40,000. But Rahul says that there is not much footfall in the area where you are. If you had set up this stall in front of the university or if you had set up a stall in front of corporate building, it would not have worked much. So he says that yes, we could have done it there too, but I got a place and it happens like this it. So he tells. And Rahul understands about this stall business. Now when Rahul comes home, he thinks that with an investment of Rs. 20,000, Rs. 20,000-25,000 can be earned. But inside this, a person will need more. Who will be the person who will work for it? Now here Rahul is not talking. What is Rahul thinking? Because Rahul is getting a business mindset from this video today. Rahul says that I go and meet my friend again. He goes to meet his friend again and asks, brother, what time do you set up a stall? So his friend I set up a stall at 5 pm in the evening and what time do you set it up? So his friend says, I set up till 10 o'clock.
So this is a 5-hour job. Now Rahul thinks that if I hire someone for 5 hours, then how much salary will you take from me? So says that I have a lot of friends who may start working for Rs. 10,000. So Rahul says that a boy can be found in Rs. 10,000. And when do you have to give? You have to give after a month. Means you have to give after the work is over.
You have to give after the sale. So Rahul thinks that how much money does he have? Now let's assume that Rahul has been collecting for a long time and while doing it, he has Rs. 70,000-80,000, let's say Rs. 70,000-80,000. But Rahul cannot take such a risk. So what does Rahul do now? He sets up two stalls. Okay, for Rs. 20,000-20,000 or Rs. 20,000-25,000 investment, he has set up two stalls for Rs. 40,000-45,000 or Rs. 50,000. Now there will be some costing of raw material, but if it is sold, then the profit will on the same day, so we are not adding its costing.
And after doing this, Rahul hires someone. So Rahul has many friends, there are more in the stall. So what does he do? He hires two of his friends. Okay, he himself is not working now. Rahul is understanding how it works. These people have to give Rs. 10,000-10,000 from the profit. Now because there we had understood that Rs. 25,000-25,000 will come, we have given them Rs.
10,000-10,000 cost, so what is left with Rahul? In the end, Rs. 15,000-15,000 are left. If Rahul himself would have worked, then maybe he would have saved Rs. 10,000, but you say that Rahul has not worked. Now Rs. 15,000-15,000 have come, means Rahul has Rs. 30,000 more, but Rahul does not spend this money. Rahul had a stall of one momos before, then there were stalls of two momos. Now the challenges in this, we are not discussing that, like people may have to take place on rent, we are setting up a stall, so what happens in the municipal corporations, what does not happen, see do not have much idea of this business. These can be some challenges that are at the individual level. We are understanding a big idea. So what did he do in the idea, first he had two stalls, and the money he earned, he opened another from it and hired another friend of his. And as he kept earning money, he kept buying more stalls, kept making them and kept managing them. So one time it came that Rahul had 10 stalls.
Now if you pay attention, then we had explained in the previous example that Rahul got a profit of 15,000 from a stall. So how much profit did he get from 10 stalls? According to 15,000 from 10 stalls, he got a profit 1.5 lakhs. And will Rahul stop? Maybe Rahul will not stop, because if Rahul earns 1.5 lakhs now and goes to an iPhone 15 Pro Max, then his business will stop, because there are many challenges in business. If Rahul manages 10 stalls successfully, then Rahul can go up one level from here.
And what can happen is that if his momos are selling, then Rahul starts with the same brand name in places. Now it can be anything, it can be anything. Suppose Rahul brings a brand name, now because momos are unhealthy, so Rahul brings a brand name Cheesy Momos. So he started his brand Extra Cheesy Greasy Momos. Now people think that the Extra Cheesy Greasy Momos gives a very good momo, let's buy momos from When this brand name starts, then it comes next. So do you know what is the challenge here? It sounds very good.
Now I will move forward. I am not moving forward intentionally. Because most of the middle-class family people, like Rahul, Rahul listens to the idea from his that momos will come, profit will come. So their business mindset is not there. This video is on business mindset. I have clearly told you that Rahul is not working. Rahul is getting work done. And this is the difference. What happens in middle-class families? Many small businesses like this are found. People start doing it themselves. People say that if there is so much profit, then I will also set up a stall of 20-25, I will start on my own. So the game is over.
The end. Yes, you can do it yourself. No one is getting in the starting. You can do it yourself. No work can be small or big. But what is the mindset? Today there is a stall, tomorrow you have to make 10 stalls. Today there a stall, tomorrow you have to open 100 stalls. Today there is a factory, tomorrow you have to open 10 factories. Whatever work you are doing, think about its multiplication. Don't think that you will do it yourself all your life. You will keep working hard. You get ideas, but your middle-class mindset keeps you in a trap that you will have to take a risk. If it does not work, then the person I am hiring, I am giving ten thousand rupees, if he himself keeping money, then his system will be made. Things will work according to your system. Now what is that system? In many places it happens, you must have seen that the cone of ice cream, will ask for extra cone, they will not give cone.
Because the person working there is doing a job. They will say that the scoops of ice cream are counted there and they put ice cream in the cone to the count. If the cone is less, then that person has to pay money from his pocket. So in the same way, there are many calculations. Maybe you are counting momos, maybe you are counting plates.
So what are the calculations in that? It will be a little up and down, but how much can it be standardized? Because now I am talking at a very raw level, I am talking at a very small level. But this is how it will be. Today a person thinks that what can we do? Let's open an institute, we will teach people there. You open an institute and it works a lot. You teach, then you hire teachers and then you open the branches of that institute. You were managing this. Now everything was individual owned or company owned. You were managing everything. Now what is the benefit? You have a brand name. When a brand name is made, then that brand name can be used. You can give a franchise. You are going to start your company on the basis of this brand name. Today we will not go too far because for Rahul it is necessary to reach here first. I don't want to go any further than this. Because I want to go very slow. I deliberately go slow.
I want to go so slow that even that person should understand. Who has never even gone to school. Because everyone has the right to move forward in life. Let's continue the talk. Work is not small or big. We took the example of Momos. We took the example of an institute. Any small work that can start at a low cost. You think that there is less investment in it. And if profits can come in it. So what we have to see is how to multiply it. If you want to make your business mindset, then you have to understand one thing. You do it in college and school.
But you forget to do it in life. I will write you a statement first. That statement is how this can be done without me. How can this be without me? Why don't you forget in school and college? Because when you have to do a project. Then we get it done from a friend. These days there are shops. They project the project and give it to you. You know everything. At the same time, we think that we make arrangements. How can this be without me? But when it comes to doing business or work in life. You keep doing it yourself. Think how can it be without me? How can your business run without you today? Because you are a powerhouse. If today you understand how to run a business without yourself. Then without you it can be two, three or four. And the money will be multiplied then. A momos stall. No matter how hard you work. We talked about it. A momos stall is earning 15,000 rupees. No matter how hard he works. He will do 30 out of 15. But he can't do 300,000 out of 30. Similarly, if a man is running a shop.
He sells ladies' suits. And he has expertise in it. He knows where it comes from. From where it will be sold. But he earns 1 lakh rupees from a ladies' suit shop. He can't earn 10 lakhs. It is very difficult. But if he opens 10 shops. Then it is very easy to earn 10 lakhs. But you will say that the risk of opening 10 shops. You have to become a big man. So you have to bring the business mindset. And the mindset starts from here. First of all, how can it happen without me? And then how will it be multiplied? What you have to do is. You don't have to understand only addition in life.
You have to understand multiplication. Because the growth of addition. It happens very slowly in life. But when there is multiplication of things. Then the growth is like this. Like J-curve growth is called. Exponential growth is called. Results are seen from exponential growth. Take a small journey of anyone. Like you follow. You will see that a few years ago. That man was very poor. And gradually. After that, everything came that you want. But when you compare with such a person. You compare a businessman. With a person in a job. So today I tell you. What is the difference? A man is earning 30,000 in the job.
So how much will he earn next month? Will he earn 30,000? If he gets a promotion. Then it will come 35,000. It will come 40,000. It cannot come above this. But then it will come 40,000. In this, he will run the household expenses. In this, he will do everything. But what is the difference now? When a man does business. What I am going to tell you now. Listen very carefully. You will understand. In India. The difference between poor and rich. Which is such a big difference. How big? That a rich man. India is so rich. While living in India. I am not talking about NRIs. While living in India. There are so many rich people. That you can buy a 5 star hotel. And the poor man. Or the middle class does not have so much money.
That in a 5 star hotel. Can afford a night. Because the man who is earning 30,000-40,000. If I tell him that he is middle class. So in today's rate. In metropolitan cities. There is a room for 15,000. Normal room. So half his salary will go. And the rich man is so rich. That he can buy a hotel. But maybe that rich man. Is not in our circle. But people are there. Who are very rich. But what do they do? Today I will tell you. So understand very carefully. Today there is a rich man. Ok. He does not have much. We say that he has a capital of 50 crores. If you say that he does not have much. Then it is a good capital. He has invested 50 crores in business. Which is not much in India. There are so many people in India. You will not be able to count. You will not be able to count. Who have a capital of 50 crores. For example. What is the difference in this man? I want to tell you this. What does this man think? Assume that he does real estate business.
I will take an example. That this man is a builder. Now what does he do? He is making 5 sites of 50 crores. Means 10 crores. They are in 5 sites. What does the site mean? Different properties are being made. Floors are being made in it. He will sell floors. And he knows that his profit. How much is it? Let's assume. His profit is 30%. 30% profit will come. On an average from each site. 30% profit will come. Some more than others. But on average he will earn 30%. 30% will earn. Means he will earn 3 crores out of 10 crores. And from 5 sites. He will earn 15 crores. In how much time. In about 2 to 2.5 years. All the goods will be sold.
So this is the time period. Maximum 3 years. Now what is he doing? You understand this. Within 2 years. I assume 2 years. Because it happens in this much generally. Within 2 years. Capital of 50 crores. Has increased. Of 65 CR. But he is not stopping. He is multiplying it. After this. Then he can put one more site. Take the same example of Momos. Example is same. He earned money. So he put one more shop of Momos. He earned money. So he put one more site. Today he is running 5 sites.
After some years. He will be running 10 sites. And when he is running 10 sites. Profit percentage is same. Profit percentage is same. He is earning 30%. But if he is earning 30% on 100 crores. So you will say. Many people can say. You have written 30% very less. It will be more. Because people will say. 15% return is given by market. And 2% return. According to month. It should be minimum. My father used to say. Less than 2% return. It is useless in business. 3% return should be expected. On an average. You may not understand. But you will understand. According to 2% It is 24% of 1 year. Return expected in 2 years. Listen carefully. You will like it. Let's say. A person has 100 crores capital. According to 2% 24% return in 1 year.
According to 2% 48% return. Approximately 50%. There is a rule. Rule of 72. By this we know. In how much time our money will double. Ok. If I write 72. And whatever is the yearly return. On my money. Example 12% return. Then my money will double in 6 years. But if it is 24% return. Then only in 3 years. Money will double. Ok. In next 3 years. This will become 100 crores. 200 crores. In next 3 years. This will become 400 crores. In next 3 years. 800 crores. In next 3 years. 1600 crores. How many years? 3 years. 3 years. 12 years. Now come to last example. Keep listening. This is a thought experiment. In 12 years. Where will this person be? Where will he be? You must have earned 100,000 rupees. 12 lakhs per year 12 lakhs per year 12 lakhs per year to earn 1 crore it will take 10 years 10 and where did it reach in 10 years you have seen the compounding this is a business this is not an 1600 crores don't people increase like this sir you don't see because when we live in middle class class people are there rich people are not there but rich people are moving ahead in this speed and speed of poor people is nothing because they are earning he is earning 30-40 thousand and he is not to save anything he does SIP of 2000-3000 and he thinks one day he will become a millionaire this the problem but you will say where will this 100 crores come from this has to be earned leave this if we take this if I write it here 1 crore, 2 crore 4 crore, 8 crore, 16 crore so in the next 12 if you reach 16 crores it will be very good if you say this and what you settle for is what you get you don't settle on what I said maybe you want more but what are you ready to do for that I want to tell you this first 1 crore may be difficult for you but the journey from 1 to 16 will be that difficult earlier 10 lakhs can be very difficult and earlier 1 lakh can be very difficult whatever you get, start now what is the business mindset that the businessman wants to multiply his and he is doing it he is doing it he is doing it the rich people I meet their wealth multiplies 3, 4, 5 years their net worth doubles how? simple take a property around you what was the rate of 5 years ago in 5 years it doubled so the rich people have 10 houses or 10 shops it doubled the of those 10 houses doubled the net worth doubled because people have the rich people but the poor can say that the first barrier is very big but we will understand it in the coming videos I know I am going slow but it is important to go slow you have understood a lot of things in this we have talked about how this can be done without me you can write how it can be done without me have to understand this we have talked about brand name we have not gone ahead in this video but I started to give you a business mindset that you start small it will work start with a business this is important start with yourself but you have to multiply it this is important and finally this I think you have learned a lot if you have any questions you can ask in the comments I have told you if you want to repay for this playlist don't do anything just send this playlist to people and ask them why it is important to watch this playlist finally you can like this video see in the next episode till the time you go self made and Jai Hind