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Wednesday 26 July 2017

A journer from rs 1 to $3 billon

Today'sinspirational story is about PAYTM founderVIJAY SHEKHAR SHARMA. a boy who comes to a small town. The boy, who always wears a warming smile on his face, he stands true to every word ,he wrote during the most difficult times of his life. Paytm Founder Vijay Shekhar Sharma owns a company whose current value is $3 billion in the market in 2016, a dream dreamt when he was struggling to make ends meet with Rs 10 in his pocket. he tasted victory the hard way. Nothing was easy for him. it was his hard earned victory.
His Journey is inspirational to every Indian Entrepreneur, lets go through his journey with this Infographic showing how he started.

From a topper in school to back-bencher in college:

: He was an exceptional student, passing secondary school at the age of 14. He couldn’t sit for the IIT entrance exam due to his poor English proficiency,
He passed out of Delhi College of Engineering at the age of 19. he could hardly understand what was taught in class. vijay was spend a lot of time in the Computer Room, browsing the internet and dreaming about being in Silicon Valley, the mecca for worldwide innovation.

A startup in college:

In the end of his college days most of young and bright engineering graduates were excited about being placed, but he had built his first company in the name of ‘XS Communications’ when he was in 3rd. year of his college life
‘XS Communications was college-based startup that created Content Management Systems. By then, he had learnt to code all by himself and had designed a Content Management System with his class mates.which went onto being used by some of the biggest news publications including The Indian Express.He started working for Intersolutions but he Quit his job in small period of six months, and he was started work to built his own company
In 2001 he start his one more company one97 communications(P) Ltd with his former colleague Rajiv Shukla(co-founder). but cofounder left him.company went into loss with the dotcom bust in 2001.
He started using public transport, lived on 2 cups of tea, it was hard time for him again but he never give up and continue do hardwork. he wants to start a business again but his father asked him to take a job.
he joined startec Global communications as a consultant. he borrows rs 8 lakh from his parents and sister to start all over again.
the way forward was the telecom sector which was opening up.
He hires 7 (Astrologers) and started again making money out of astrology phone-ins.
waiting for a break, suddenly find out Bharti airtel Ltdwas intrested in creating live astrology call centers.
the dial -in model foe phone systems are interested him, ans started providing VAS fir mobile phones for Airtel under revenue share model. He worked hard to turn things around and revenue shot up.
in 2005 he got married to Mridula
when smartphones becoming popular, he decided to do something at world wide, and big eureka moment came in 2010. he got the idea of entering the payment eco system in front of his board. And he launches PAYTM(pay through mobile) online recharge portal. and he launches paytm e-wallet and now days India’s first bank with zero fee on online transactions, no minimum balance and free virtual debit card.
Vijay stands testimony to the saying, "A man makes his own destiny."

i Looking forward to a cashless India, Vijay’s dream is to bring half a billion Indians to the mainstream economy. His dream is to build India’s first $100 Bn firm, a company that would make the nation proud.

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