Popularly known as ‘MBA Chaiwala’, Prafull Billore is a living example of how dedication and hard work can help you achieve success in whatever you want to do. The entrepreneur recently offered life-changing advice to young twenty-somethings in a long thread on Twitter. Billore had previously appeared for the MBA entry – CAT, but failed to clear it. Later, he started his own business by opening a tea stall outside IIM Ahmedabad and now he has more than 22 outlets.
In a series of tweets, Billore says he would focus more on learning skills rather than collecting degrees. He wrote, “The era ruled by degrees is over. Companies hire people based on their skills. Discover the most relevant skill and master it.” He goes on to talk about “making money for your own livelihood,” which he says can help prepare for the future.
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In his next point, he discussed the importance of creating a monthly budget. He explains, “The 1920s is the best time to build a good financial habit,” adding that “during this time, a monthly budget should be established and you can stick to it.” While making another point, the trader advised to divide the money into 3 parts. The first is used for bills and other really necessary things, the second for ‘will’ and the third for ‘invest’.
Billore added: “One of the worst things you can do when you’re 20 is compare your life to others and feel bad about yourself. The resources, obstacles, situations, everything is different for you and for them,” he said adding that you should enjoy every now and then and celebrate the small victories.
If you’re in your twenties, read this:
— Prafull MBA CHAI WALA (@Prafull_mbachai) June 8, 2022
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Billore, the son of a farmer, had prepared for the Common Admission Test (CAT) for three consecutive years, but failed the exam. He then started pursuing his dream of becoming a businessman by opening a chai stall. Initially, he took a job in a McDonalds. After working for a few months, the young man started selling tea in addition to his job. He took a loan of Rs 10,000 from his father for the sake of ‘education’ and instead bought utensils to make tea. He opened a stall outside his dream college – IIM Ahmedabad and started selling tea. Today he is a billionaire with over 22 outlets across the country and soon there will be an international outlet as well.
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