Welcoem to posts!!
in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
The Indian economy is under threat!
Not by anything else but the "Rising temperatures across India", reaching a 36-year high with frequent, durable and intense heatwaves.
Here are some statistics that blew my mind:
1. According to a World Bank report, 75% of India's workforce, or 380 million people, depend on heat-exposed labor, contributing to nearly half of India's GDP.
By 2030, India may account for 34 million of the global job losses due to heat stress.
2. The RBI’s "Report on Currency and Finance" estimates that 4.5% of India's GDP could be at risk by 2030 due to lost labor hours from extreme heat and humidity.
This could depress the living standards of nearly half of the population by 2050.
3. 2023 was the warmest year on record, and the World Meteorological Organization predicts that one of the years between 2024 and 2028 is likely to surpass this record.
It is so difficult to see India’s economic stability, workforce and environmental health in danger.
I am sure there are a lot of experts who can suggest ways we can combat this together!
Do drop in comments, I am genuinely interested in learning more 👇🏻
#indianeconomy hashtag#climatechange
104 - 2
10 crore Indians will earn more than 8 lakh rupees by 2027!
Does this present an investment opportunity in some stocks?
Let us dig deeper-
What are the 4 biggest indicators ?
1. Number of people who take a flight at least once a year
2. Number of people who order from food delivery app atleast once a month
3. Number of people who have credit cards and postpaid mobile connections
4. Number of people who file income taxes on sums of more than Rs 10 lakh
Whichever indicator was analysed, the unique number of people who use discretionary products and services is somewhere in the region of 50 or 60 million (5 - 6 crore people) as of now.
Coming back to investing.
The companies that address this cohort exclusively, or largely, have been growing much faster than companies that address broad-based consumption.
Read that again 👆🏻
Companies focussing on these 5-6 crore Indians have grown much faster than others.
Companies in the same sector that cater to upper-income consumers were compared to a broader group.
A. In cars, SUVs vs other kinds of cars.
B. Premium liquor and spirits brands vs mass-market brands.
C. Hospital or watch companies that exclusively target affluent consumers.
All these stocks—they’ve done significantly better in terms of returns in the past few years.
In my personal experience also, I invested in a food company that is majorly selling basmati rice, a premium variety of rice, it has done better than 95% of stocks in my portfolio.
Conclusion- The number of affluent Indians is increasing, so are their spends on premium products, invest in or build companies keeping this in mind.
Source- “The rise of ‘Affluent India’” by Goldman Sachs Research
#salary hashtag#wealth hashtag#finance hashtag#stocks
66 - 5
Had a super insightful conversation with Ankush on his podcast @creditcardssahihai! Do check it out and show some love by liking it and dropping a nice comment 👇
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“Spending money to show people how much money you have is the fastest way to have less money.”
(Morgan Housel)
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Here are 3 things ruining your happiness-
3. Checking your phone every 5-10 minutes
2. Then tracking your screen time
1. Realising you spend 7 hours every day scrolling Instagram & Linkedin
hashtag#happiness hashtag#humour
15 - 0
14 destinations YOU should not travel to this summer 👇🏻
Instead opt for the economical alternatives 💰
Save your money, avoid overcrowded destinations and enjoy similar vibes.
You can thank me later by dropping a sweet comment ⭐️
1. Expensive- Dubai;
Economical- Baku
2. Expensive- Singapore,
Economical- Kuala Lumpur
3. Expensive- Switzerland,
Economical- Gulmarg and Khajjiar
4. Expensive- Barcelona,
Economical- Valencia
5. Expensive- Tokyo,
Economical- Taipei
6. Expensive- Santorini,
Economical- Paros
7. Expensive- London,
Economical- Liverpool
8. Expensive- South Of France,
Economical- Bodrum (Turkey)
9. Expensive- Kyoto (Japan),
Economical- Hoi An, Vietnam
10. Expensive- Las Vegas,
Economical- Macao (Hong Kong)
11. Expensive- Grand Canyon (USA),
Economical- Gandikota Hills (Andhra Pradesh)
12. Expensive- Maldives,
Economical- Lakshadweep
13. Expensive- Mauritius,
Economical- Seychelles
14. Expensive- Istanbul,
Economical- Almaty
hashtag#travel hashtag#money
46 - 4
2004: I could not speak even in front of my own classmates
2024: I pitched in front of 200 international investors in Singapore
I still remember my school days when I did not have the courage to speak in front of my classroom.
Public speaking was my biggest fear and it seemed like a huge hurdle.
This is why when I came to college, I decided to take up theatre to handle my fears better. The same stage that had always scared me slowly started making me comfortable.
But this wasn’t it.
Years later, I faced a similar fear when I decided to make videos and create content online. Sharing my ideas and stories with the world was not easy and comfortable, but I went all into it and with time it became better.
But recently I faced my fear of public speaking again when I had to pitch in front of 200 international investors in Singapore.
This was my first in-person pitch since the pandemic and despite all the videos and presentations I'd done, I was extremely nervous.
I practised my pitch 20 times, did proper dry runs and made sure every word and gesture was polished. When the moment came, I delivered my pitch with full energy and passion.
And people loved it. The feedback was overwhelmingly positive and I was so happy that I finally did it.
From a timid student to a confident speaker, I have realised that growth only comes from stepping out of your comfort zone and dealing with your fears.
It might take practice and preparation but with time you will see the difference.
What has been your biggest fear since school?
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“I can’t do this”
There is always a fear within us that stops us from doing things.
But you know that some of the best results of my life have come from the scariest decisions I took only because I asked this one question -
“What’s the worst that can happen?”
→ I left my first job at KPMG to start my business. It was not easy but it turned out to be one of the best decisions of my life.
→ I was scared to make a video with my face in it for an entire year. When I finally did it, the support and positive feedback I received were overwhelming.
→ It took me six months to build the courage to book my first solo trip. But the experience of exploring the world independently was life-changing.
Every time I faced my fears, the outcome has been incredible. Now I have made it a point to do things that scare me more often.
And the results have always amazed me.
I don’t just love my entrepreneurial journey today but have also built a community of over 1.5 million people who show me so much love and support.
I can travel the world whenever I want, learning from new cultures and experiences.
Not just this I was also featured on a massive billboard in the city of dreams, Mumbai.
The journey hasn’t been easy, but I have loved every part of it.
This is why I always say that do one thing every day that scares you! You never know where it might lead you.
How often do you make decisions that scare you?
#decisions hashtag#entrepreneur
33 - 1
I always wanted to build something of my own.
However, right after college, I was working at KPMG, stuck in the corporate world.
But it took me just a year to realise that my true motivation came from solving real problems and making a tangible impact through my own venture.
Growing up, I had also seen my father and grandfather build their businesses, finding success and joy in their work. Their journey inspired me to take the leap of quitting my job to start my own company.
The initial years were the most difficult for us. Making our first lakh was a challenge in itself. We struggled to find customers and faced rejection from Y Combinator not once, but thrice, before finally securing funding from them.
If this wasn’t enough, the pandemic made things more complex, forcing us to cut salaries just to keep the lights on. Somehow we managed to stay persistent.
Things changed when we found the right product-market fit and so we decided to keep at it, and in just a year we were able to scale it to over $1 million in ARR.
This is also when I focused on founder led sales, and created content about our product, our customers, and the problems we were solving. This approach worked really well for us, drawing attention and building credibility.
By consistently improving our product to better meet customer needs, we found that nothing accelerates growth more effectively than simply making your product better.
Today, I can proudly say that after years of consistent efforts, my current startup is growing and the early years have made us stronger than ever before.
I have always been excited to solve real problems and try new things head.
Comment below what pushed you to start your own business?
hashtag#entrepreneur
15 - 1
It is impossible to have a happy life.
I was so wrong about this. I always used to feel everyone is stressed, no one is really happy.
This is because most of us lead "complicated lives"
We think about things that don't matter. Have a lot of distractions.
The way Warren Buffett deals with difficult problems is avoid them altogether.
The more decisions you make, the less willpower you will have. It is called decision fatigue. Focus on making fewer and better decisions.
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Life is really simple, but we insist on making it complicated. (Confucius)
So, how do you simplify?
1. Avoid wasting time on things that are A. Unknowable & B. Unimportant
Examples of things that are unknowable- which way the stock market is going to move? Will the interest rates rise ?
Things that are unimportant- almost everything
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2. Focus- You cannot do everything at once. Attention & time is a scarce resource, use it wisely to do things that matter. Focus on that ONE thing.
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3. Reason backward- Instead of arriving at the solution directly, begin by eliminating options that are not correct. We cannot pinpoint exactly what makes us happy but it is much easier to know with certainty what destroys our happiness & success.
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And, how do I know that I am making progress and leading a simpler & happier life; I have-
1. Fewer items in my bag when I travel,
2. Fewer clothes in my wardrobe
3. Fewer apps on my phone,
4. Fewer stocks in my portfolio
5. Fewer but good friends in my life.
#happiness
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Initiated by Amit & Kunwar, Unfinance, an IIT alumni initiative, is a community of over 1mn+ Indians (Instagram, Youtube, Newsletter & Mobile App), learning about investing and finance. Our aim is to empower 10 million people by making them financially responsible, educate them about personal finance & encourage them to become long term investors. Making their dreams a reality!
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