Vivek Oberoi
Actor Vivek Oberoi may not have been able to create shine and popularity in the world of acting, but he has made his own identity in the world of business and investment. Today his wealth is around Rs 1200 crore. But do you know that he got his understanding of finance not from any big school or coaching, but from a small paan and paan shop? Yes, he learned the skills of money management and investment from the same place where common people talk about everyday things.
The biggest lesson of life learned outside college
Vivek told in an interview that there was a paan shop near his college, which was run by a local shopkeeper. This shopkeeper not only sold paan, but also discussed small matters of money. Vivek used to go there and talk with him about investment, savings and ways to increase money. This conversation proved to be more important for him than studies.
Big business idea made from small things
Vivek Oberoi told that the shopkeeper taught him how to make small investments and invest the money properly. He took small tips from the stock market and understood the model of microfinance, which he calls ‘Dolphin Model’. In this model people help each other and together increase wealth. Initially his monthly earnings from this investment were 6 to 7 percent, although he suffered losses but did not give up.
Big lessons learned from experience
In his early days, Vivek also started trading in the stock market. He took training from an experienced broker and familiarized himself with the ups and downs of the market. But the biggest lesson of his life came when he made a big investment without proper preparation and lost 70% of his investment.
Learning to balance life with money
Vivek told that when his acting career was strong, he used to earn money easily, but during that time his investment habits weakened. Later he learned that earning money is easy, but it is important to handle it properly. He started balancing his expenses and investments.
Vivek said that many times he felt himself a failure. Like after every attempt, some difficulties kept coming but he did not give up. By changing his mindset, he always discovered new paths, which led him to success.