TomorrowMakers

How I started planning for my startup
Nisha Tanwar
Sales Manager

Ever since I was a college goer, I was keen on starting my own business. Most of my childhood friends were Gujaratis and Marwaris and I was heavily influenced by their communities’ belief about creating jobs rather than taking up a job.  Being from a non-business background, I was aware that I may neither have family support nor funds to start something immediately after college. Therefore I decided that I will spend a few years convincing my family as well as saving a corpus.

In Jan 2018, I started with a new job. I started by saving Rs 5000 every month in fixed deposits. However, in September 2018, one of my friends advised me to invest in mutual funds if my goal was at least five years away.

I calculated the returns I can earn through fixed deposits and mutual funds and realised that the latter would offer substantially higher returns. Therefore I have started my investment journey and am looking forward to stepping up my SIPs every year. This will enable me to create a handsome corpus for my venture.

How I did it

Manisha Tomar
Doctor

Since I had been working only for two years, I never gave retirement any serious thought. My mother has been a housewife and father was working till last year. When he retired, he discussed his savings with me. That is when I realised that his retirement corpus was woefully inadequate. But he… Read more

Rohit Prabhu
Blogger

I love buying new gadgets. If the latest phone or tablet or headphone has been launched, I have to buy it. My friends know me as the ‘gadget guru’ and I have a reputation to maintain. I have been doing this over the last few years without a care in the world.

However, last year I… Read more

Nisha Tanwar
Sales Manager

Ever since I was a college goer, I was keen on starting my own business. Most of my childhood friends were Gujaratis and Marwaris and I was heavily influenced by their communities’ belief about creating jobs rather than taking up a job.  Being from a non-business background, I was aware that I… Read more

Jerry Thomas
Corporate Executive

Till the beginning of last February, I always believed that one could only create wealth if one already had a lot of money to invest. Therefore I didn’t believe in starting with small savings and would instead be always on the look-out for a big-ticket opportunity that could change my life.… Read more