In the last episode, we talked about how if Rahul gets an investor, it can be very helpful for him and once Rahul gets his investor, there will be no shortage of money, but let’s assume that Rahul is 18, 19, 20, 21 years old right now and he is not able to sell his business after making money. This world is not as innocent as it looks. I will tell you honestly that people are very bad and when it comes to money, money is earned with a lot of hard work. People earn money with a lot of hard work. I told you that there are people who invest 5-10 lakhs and the money grows, but how will you identify people? Who is right and who is wrong? When people are giving money, they trust your idea and vision, but if you lose their money, what if Rahul loses someone’s money? In middle class families, parents are very scared. If Rahul goes to someone’s house and says that he is 18 years old and is an investor and he is investing 10 lakhs in his business. Then Rahul’s parents will start worrying that what will happen if Rahul fails? What will happen if Rahul loses 10 lakhs? Where will they get the money from? So let’s not just talk about the fact that Rahul became successful and earned money. What will happen if Rahul does not earn money? There are many people who believe too much in a business or an idea. You must have seen many people trading in the stock market. He saw someone who earned a lot of money from trading and he took a loan. Now people take money on interest and when they take a loan, they assume that they have done trading. Trading is also a business. They did trading and there was a loss in the trade. Then what? Today the money that came on loan or an investor invested money. Money is money friend. Money came and this money has to be returned too. When an investor is also investing money, do not think that the money has come for free. There is no responsibility for this money. As soon as the loan money comes back with interest, the investor starts worrying more about his money.
As I said, people are very bad. Rahul is still a child. How will Rahul know? When an investor agrees to give money, Rahul does not understand. And not every rich person has a good business.
As you can see in the pictures, this happens in reality too.
There are two types of work.
Rahul will not understand.
How will Rahul know? A person is making money from a very good business or from drugs.
How will he know?
That the money is coming from blood, sweat and prayers or the money is stained with blood. Rahul will not understand.
Because Rahul will feel that money is money. So this is advice for Rahul. It is more important that you take the money.
I am telling you again. You have a great idea. You have such an idea that you know what is going to happen in the future. For example, let’s say this is hypothetical. Let’s say tomorrow you know the stock market will go down 50% and up 50%. You know that.
And you know there could be a very solid trade here. And you just don’t know. Let’s say you have data, financial reports, whatever. So what happens here is that you have an idea that has a very high probability of becoming something big. And you know which direction it could go.
Now if you take money from someone. I’m asking you a question. If you take money from someone, how confident would you be in asking someone to invest? You don’t have the money.
You’re asking someone to invest. I know what they think will happen. So if you ask someone, how confident would you be? You can only ask someone to invest if you are 100% confident. Now if Rahul has an idea which he is 100% sure about, will he take money from everyone? No. If Rahul is going to take money from anyone after this, he should be a very trustworthy person. Rahul will take money only from the person who has to make a profit. Understand my point.
If something is going to happen, for example, you feel that it is going to happen. And in business also, we have to believe that this business will work. For example, let me give you the idea of real estate. Suppose I have a friend and he is my relative. Now since he is my relative and friend, the relationship has become very strong.
Now he told me that there is a plot.
There is a plot of 500 square yards and he is taking it for 10 crores. But I am telling you the truth that its price in the market is 15 crores. Now he is taking it. He is an NRI client and he is selling it for 10 crores. We have to pay him within a month but its price is 15 crores.
So now think what that friend has proposed to me.
Listen to me. He has proposed that we have to buy something for 10 crores, plus pay stamp duty, some charges, brokerage and after that it will be sold for 15 crores. Its price is 15 crores and he is saying that it will go above 15 crores, not less.
I also know this.
See what is the most important thing here? Credibility of the person sharing the idea.