Saurabh Khaspuri - Optimism Is Key for Anyone in Order to Become a Successful Entrepreneur (Investor From India)

 

Booming Bulls started in the year 2019. I used to go to Anish’s place to teach him digital marketing and we used to discuss new business ideas. On one such day, we came up with an idea of teaching people about trading since there is a lot of confusion in the stock market regarding knowledge, effective strategies, and useful tools.

1. Tell us about your company and your individual journey.

Talking about my Personal Journey, I belong to a service class family. However, having witnesses my grandfather’s journey as a businessman, I was always inclined to becoming one myself. Hence at the age of 21, I dropped out of college and started an event management company. However, due to lack of knowledge and the right Goal, I wrapped it up and went into the corporate life, working in major MNCs like HCL, WIPRO, IBM India. After 6 years, I was ready to follow my original dream of starting my own business again which led me to digital marketing.

Having an interest in technology, I felt it was the right thing for me. I did a full-time course and practised everything with the intention to grow and excel. After this, I started my second company, Adbudds, a digital marketing agency. With the lessons and the experiences gained in my journey thus far, I met Anish, and together we started Booming Bulls.

 

2. How did you come up with the idea of booming bulls and how did you go about executing it?

Booming Bulls started in the year 2019. I used to go to Anish’s place to teach him digital marketing and we used to discuss new business ideas. On one such day, we came up with an idea of teaching people about trading since there is a lot of confusion in the stock market regarding knowledge, effective strategies, and useful tools. Most of the people are confused about what to do and how to start. So, we devised some strategies, with Anish in charge of the business and finance aspects and me of the marketing.

Later on, Abhirup, our third partner came on board. We divided responsibilities among ourselves according to our individual aptitudes and strengths hired qualified, hard-working people, and started giving our 200% to make our business a success. Our vision, as depicted by our tagline, ‘we simplify trading’ is just that. To make people’s stock market engagement simple and profitable. We aim to make the stock market accessible to as many people as possible.

3. What do you think are the most important qualities of a successful entrepreneur?

Optimism is key for anyone in order to become a successful entrepreneur. Apart from that, one supposed to have a zeal to help others. Knowing what you want, making goals, and working on them are all equally important. One must be prepared to be extremely hands-on, ready to jump in wherever and however needed, and lead by example.

Lastly, meditation is a practice that has aided me greatly in my entrepreneurial journey. It has helped me remain level- headed in trying times.

4. What are some of the most important factors for running a successful business? What is the USP of booming bulls?

Factors: Goal Setting. Motivation in Team. Good Leadership. Constant Learning. Peace of Mind. USP of Booming Bulls is the commitment which we have made to the market and our students to deliver effective and updated content, whether it is through YouTube or through our course.

5. How did you set up presence on YouTube and Instagram?

Understanding the algorithm of these social media platforms and constantly creating content that is fed by our learnings and from the feedback we receive.

6. What challenges did you face and how did you overcome them?

The biggest challenge was timely execution of all our work. The best solution was to divide the workload into small, manageable projects and then ensuring their quick and proper completion.

7. What is life management and risk management and how do you teach them to your students?

I am still learning.

8. What are some of the best career advice that you have ever received?

Follow your passion with all you’ve got. I’ve received a lot of advice from people over the years but what works for one person, may not for another. Figure out what you want and dedicate your life to achieving it. Money follows your passion; not the other way around.

9. Since youngsters don't have the money to invest in trading and investing, what would you recommend to them to start their investing journey?

Figure out the following before trading or investing: Stable earnings, expenses, and contingency resources.

10. There are so many materials, strategies, and channels available out there. Then what according to you should be an ideal roadmap to invest in for a beginner?

Spend quality time in finding a mentor and a proper source of knowledge and once you do, learn and train with all you’ve got.

11. Any principles in stock market trading and investing that one needs to know?

A. Make a plan

B. Execute it

C. Improvise, if needed

12. What things should be kept in mind before starting trading and investing in this field?

Start only with the money you can afford to lose. There will be ups and downs like there are in any other field but do your best and keep learning from your mistakes.

Interviewed By - Shashank Sehgal