‘What guts do you have’? Neil exclaimed huffily. ‘Kicking
your job at times of recession needs you to be courageous at heart and by brain
too’, he added further.
‘Risk toh spider-man
bhi utha tha hain, mein toh fir bhi salesman hu’ (Even spider-man takes risk
and am just a salesman!), he winked and they both chuckled as Neil wished him
success for his future.
He had left the job in such circumstances where one would do
anything to cling to ones job. Such was his nature and style of functioning -
To be unpredictable at times much to everyone’s disbelief. An impromptu
decision that shocked everyone, even his family.
Having seen, learnt and understood the trade practices that
people follow to the riches that the job gave him both mentally and monetary
wise to those ugly office politics people played to being the company’s
go-getter man, he had experienced it all. But off late it give him a feeling
that his freedom is being gagged and is being reduced to just a puppet in the
hands of his bosses.
‘Time to move on, young
man.’ He said to himself as he gave a final look towards his workstation.
With a sense of pride and a tinge of happiness in his heart
he left those premises forever to the new dawn awaiting, asking to be ready for
a new chapter in his life.
Call it nature’s magic wand or sheer luck, he happened to
visit UAE for a vacation. A surprise planned by his family for celebrating
and welcoming the following year. A bit hesitant at the beginning due to job
search – interview saga, he agreed for the vacation after a lot of persuasion from his family.
Over there amid all the fun and frolic he happened to visit
a restaurant for lunch. Friendly reception, delicious food, nice soothing
ambience and a generous owner left a mark on his mind. He was so amused with
the overall hospitality and especially with the young thirty something owner that
he decided to meet him the next day itself.
‘If a thirty something person can own a restaurant then why
can’t I?’ He said under his breath. ‘This will need a huge amount of investment’,
his inner voice said to himself, thus sending his plans of owning a restaurant
one day to a peaceful death.
‘Don’t come to conclusions. One step at a time’, he calmed
his inner voice.
The next morning he decided to visit the restaurant during
the lunch hour as he hadn't requested the owner for a meeting. Keeping his
fingers crossed and counting his chances of meeting him, he entered the
restaurant. His face lit up as soon as he saw the owner and straight away went
forward to greet him.
Hours passed by as they kept on chatting. From being somewhat
unusual at the beginning with each other’s company to what seemed like two best
friends chatting after a long time, walls of discomfort and aloofness had been
bridged.
Soon the discussion turned towards the business side when he
offered his willingness to sell part of his stake in his baby, his restaurant.
'Oh – My – God! He is offering me a part of his stake in his
restaurant!' He exclaimed. His heart did a somersault. He couldn't believe
his ears.
He committed an answer upon landing back home, keeping the
option alive. A series of e-mails were exchanged before he took any concrete
decision.
After doing a detailed SWOT analysis, taking his near and
dear ones into confidence, he agreed to purchase the stake in the restaurant. A
calculated risk had been taken by him. Getting a ready-made and running
restaurant that too in a foreign land bereft of much competition made him take
the plunge. The only rock that needed to be taken care of was money, as his
inner voice had said. The valuation came to a huge sum which required at least
fifty percent funding from other sources. The rest can be met off with personal
savings, said his SWOT analysis.
He paid the first tranche of payment from his own savings,
PF and Gratuity. Yes, from all those resources which are the sources of money
when one retires. A risk taken to fulfill now what had become his dream. A dream
to own a restaurant and see it grow in size, just like a baby.
The path ahead was full of challenges but it was surely the
dawn of new beginning for him.
With no income and rising expenses he kept on relying upon
his sons to run the house which they did promptly and happily. So his one major
worry had been taken care of. Now only thing left is to search for the funding options
for the remaining stake and to fulfill the balance and final tranche of payment
for the entire acquisition of the stake.
From phone calls to friends, to meeting them, to meeting
various investors, to applying for a loan, he tried everything. But nothing
worked. Frustration grew upon him. He could have easily asked for a reduced
stake equivalent to the payment done but he didn't. For him that was the last
resort.
“When money poses a problem, time comes to rescue”. With
this he bought some time from the owner for the balance payment.
In the mean time he took active interest in the operations
of the restaurant. Be it administrative or marketing, he was completely
involved. From the menu for the day to the price of the dish everything was on
his fingertips. This enthusiasm and active involvement led him to meet many
people from various fields for marketing related purposes. Slowly and steadily,
watching and judging by the progress of the restaurant many small investors and
interested parties came forward. But he kept them waiting.
It is said that fortune favors the brave. And how true that
is.
A land deal that he had entered many years ago had materialized
and the plot of land had been sold entitling him to huge commission. Thus enabling him to fulfill the balance trance of payment and acquiring the desired stake in the restaurant.
Today he is the owner of the restaurant and has seen the
valuations soar and profits multiply keeping all the strategic investors at
bay.
‘Dreams come true only when you act accordingly to turn them
into realities.’
What a story! And quite relevant to many of us recession victims :)
ReplyDeleteFor the theme its bang on target. I will contact you on twitter do have certain pointers :)
Richa
Thanks Richa! Looking forward for something concrete on this :)
DeleteAmazing! I guess you got to take risk to make it big. Quite inspiring!
ReplyDeleteThanks Saru! Yes, in today's time one has to take risk at some point of time to reach the desired goal.
DeleteNicely written
ReplyDeleteThanks Ali! :)
Delete