I received a what’s
app message today. It has a small story. It reads as
Ramasamy completed
B.tech and joined a MNC during Campus Recruitment. CTC 4 lakhs. His
Relatives & Family friends wished him success. Ramasamy`s face
glowed like Petramax light. He thought to himself " From today
onwards every day will be happy."
Madasamy, Ramasamy`s
neighbor failed BA. All his relatives & family friends blamed
him. In Hyderabad every one is a B.tech but Madasamy was not even BA!
Madasamy received suggestions to eke out a living by selling Idly,
Dosa…. Pan ...or sell Milk… His Father was much embarrassed.
Now what to do…?
Madasamy asked his
mother ₹ 2 lakhs and borrowed ₹2 lakhs from an uncle, bought
buffaloes and started Milk Business.
Ramasamy used his
credit card to purchase a motorcycle , commuting each day to office.
Madasamy on TVS with Milk Cans also started to sell. Ramasamy proudly
said Hi" to Madasamy. Madasamy with embarrassed look muttered Hi
. & each attended to their respective duties.
6 months passed
.....
Ramasamy re-paid 20%
of the motorcycle purchase money.He still had to repay ₹80K.
Madasamy cleared ₹1 lakh out of his ₹2lakh borrowed money. When
Both met Ramasamy gave a small smile ,thinking of his debt of 80K.
Madasamy also smiled reminiscing about his remaining loan of ₹ 1
lakh.
1 year passed by....
Ramasamy had high
hopes on a salary hike. Suddenly due to recession company mailer
informed all employees of no hike. half liter of milk increased in
price to ₹14/-from ₹10/-.This profited Madasamy by 30% and helped
him pay the remaining₹ 1 lakh loan amount. By now, with difficulty
Ramasamy cleared his Bike loan and took a personal loan of ₹2 lakhs
@ 16% interest. Ramasamy bought furniture, LCD, LapTop with loan
money. Every One applauded Ramasamy as he had purchased these
accessories in just 2 years time.Now Madasamy with his business
profits bought 12 more buffaloes. His income doubled.
Again both met.
Ramasamy gave feeble smile thinking about his Persoal loan. Madasamy
gave a big smile since he was debt free. After 2 more Years Ramasamy
got a 10% salary hike. He then bought a Maruti Wagon R car through a
Car Loan. Mean time Madasamy bought 2 acres land for his 3 dozen
buffaloes. Milk Prices increased by 30% again. Now Madasamy was
earning 200% more than Ramasamy. Madasamy owned one Auto to sell
Milk.
Once more both faced
met. With Loans and accruing Interest Ramasamy was unable to smile. g
Madasamy smiled merrily driving his own Auto.
2 more years
passed......
Ramasamy applied for
₹40 lakhs home loan and bought an apartment. Madasamy`s buffaloes
numbered 126. Madasamy bought 2 apartments. Ramasamy got 10 more
percent salary hike. Milk price crossed ₹ 40per liter now. Total
income of Madasamy was 500 times that of Ramasamy.
Madasamy owned 1
Skoda and 1 Innova Car. Both met again Ramasamy grimaced struggling
to clear ₹40 lakh loan.
Madasamy smiled ear
to ear since he owned a medium sized Milk Factory with more than 170
buffaloes and 25 workers.
That night Ramasamy
was in deep frustration. Because after 5 years Madasamy owned ₹4
crores , had a monthly income of 5 lakhs & provided jobs to 25
workers. Ramasamy`s salary is 7 lakhs p a with ₹40 lakhs debt &
unbearable job dissatisfaction This was the Balance Sheet.
Facts: In 2008 Milk
was ₹10/- litre. Now ₹40/- litre. Gold ₹12500/- 10 grams, Now
₹30000/-. In the last 5 years salary hikes for corporate
professionals was just 30%. All commodity prices increased by 300%.
Still most Indian parents think corporate is the only worthwhile
profession for their wards.
Here i don't mean
that leave the engineering and corporate job and sell milk :)
I just want to say
just come out from the job mind set. If you get a job in MNC you must
have a brilliant mind, no doubt. The doing the job and depending on
monthly pay cheque will not help us in long run. It will not help us
to get financial freedom. Be an entrepreneur, start something which
lead you to financial independence. The main problem with out
education system which forced to live in the job mind set. We feel
more secure while doing job and if something goes wrong with the
company or industry we looked at all the debt piled up till date.
Jobs are not the way to return back to the society. It will only
increase the rat race.!!
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