MBA chai-wala by Gaurav
Hi guys today I will tell you the unbelievable story of praful billore. The who didn’t get admission IIM ahmedabad. And then
started his own chai stall and now he had a turnover of 3 crore. Want to know his
journey and his ideas so read this blog
till the end.
Praful
Billore: The Initial Struggle
This story is of a middle-class guy Prafull Billore who was ambitious,
hardworking and wanted to pursue his masters from IIM Ahmedabad. To achieve his
goal he studied 10 hours a day but couldn’t taste success in clearing the CAT
exam. He failed 3 out of the 3 times he appeared for the CAT exam. Although his
parents supported him despite repetitive failure but not getting success in
every attempt broke him and he was in depression for some time.
During distress, he roamed around the city for comfort and discovered a
place in Ahmedabad where it felt like a second home for him. Tagged with
failure, depression, he had no clue what to do next. So to sustain life, he
started working at McDonald’s. In the initial period, he was a housekeeping
staff and soon got promoted to kitchen staff and took orders and served
customers.
Although he worked in a well-known brand, he always desired to have his
own identity. Starting his own business was always there in the back of his
mind. Initially, he planned to start a cafe but that cost a huge sum of INR 15
lakhs. With no cash in hand, he dropped the plan; but to start his own venture
was always he thought of.
Five years ago, Prafull Billore, a 20-year-old B.Com graduate from a village in Madhya Pradesh arrived in Ahmedabad with plans of starting a business that would help him overcome the disappointment of not getting an MBA seat in any of the prestigious business schools in India.
Within three months, he set up a roadside tea stall
borrowing Rs 8,000 from his father and christened the shop with a quirky name,
MBA Chaiwala. (The MBA in the name stands for Mr Billore Ahmedabad)
Prafull Billore, who started from a roadside tea stall, has now built
a Rs 3 crore turnover F & B business. |
On the first day he made a sale of Rs 150, and
there has been no looking back since as his business took off.
He has tried many new things; including selling
tea at political rallies, naming the tea after the programmes initiated by the
parties, and by FY 2019-20 the turnover had touched Rs 3 crore.
Prafull’s business model grabbed the attention
of the media and an invitation to address the students at IIM Ahmedabad, where
he had dreamt of studying once
chai Is India’s favourite beverage. According to the report, for every one cup of coffee, Indians consume 30 cups of tea. For some, it’s not just a drink that starts their day it’s a way of life. This sentiment is exactly what Prafull Billore from Madhya Pradesh tapped into – like so many millions of tea sellers. So what makes him different? Consider his life story .Four years ago, after he dropped out of an MBA course in Ahmedabad, Prafull decided to start his own business of selling chai.
He borrowed
Rs 8,000 from his father, and put up a stall named ‘Chai Wala’, outside the
premises of the Indian Institute of Management – Ahmedabad. On his first day,
he made a profit of Rs 150. Everyone was intrigued by this English-speaking chaiwala.
Today, Prafull has a 300 sq ft restaurant named ‘MBA Chai
Wala’, where he has employed 20 people. In the financial year 2019-20, he
recorded a turnover of Rs 3 crore. “My dream is to sell tea across the country,
and that every Indian drink my tea,” he says.
MBA Chaiwala was so famous
that IIM Ahmedabad invited Prafull Billore to participate in one of their
events and give a speech on how to grow big with passion. The irony was the
same IIM Ahmedabad, where he wanted to pursue his MBA studies in the early days
but failed, he started his own venture and now was invited to deliver a speech.
No business is
successful unless you’re dedicated and passionate about the same. Taking risks
may be challenging, but a risk never taken is a failure. Build in the courage
and start chasing your dreams, not for others but yourself.
Hope
you liked this story very much. What you learnt from this story? Tell me in the
comment box. This is my one of the
favourite success story. No one can imagine in India the a chaiwala can become
a millionaire. I want to say only one thing don’t lose hope believe in
yourself. Make your goal clear. Face the
problems like an opportunity then you done. No one can stop you to
become a millionaire.
So
that’s it for today hope you like this story and met in another blog. so stay
tuned. Let’s become successful together.
Thank
you…!