The problem with this guy is that he is now old and joining a company as a fresher somewhere it feels demeaning...he has created a fake image in his mind of being a director and cannot work as an employee....he is designation oriented and worried about what people think and thats all matters to him
U r absolutely right but to grow in life sometimes u have to face reality. Many ppl started late and grew later. He should understand dat n drop dat false image dat he has in his mind.
28 years is not old the thing is he doesn't have a plan B which will provide the same status and looking for a job from entrepreneurship looks very low.
I have a suggestion bro 1. Cut down your staff number from 12 to 6-7 2. Give them work from home ( your 22k rent + 75k deposit will free) 3. As you said ki aapka effective kaam 3 hrs ka hai so 1-2 hrs aap apne staff ke saath kaam karo 4. You have a bike, enroll yourself in ola/rapido/uber and for 2 hrs ride lo 5. You mention, you have two brother, think about asking them to work if possible
You are in very tough situation, so solution will also be tough to follow At the end only matters is ki shyam ko family bhar pet khana kha rahi hai ki nhi Agar nhi to padosi ya rishtedaar nhi aayenge unko khana khilane Aapko he karna hai sab kuch So don’t think toom much ki log kya kahenge
@@KT_With_Sagar.S Jo banda salary ke liye kisi ke under kaam nhi Karna chahta.. Woh Ola Uber kya chalayega! U need to understand the other persons thinking and mindset before giving solutions.
Bruh his advice is really good if the person is not able to work under someone else for growing himself and his income then it's his problem@@chiranjeev4804
@@chiranjeev4804 maine koi solution nhi suggestion diya hai Usko follow karna hai ya nhi nhi wo yasin bhai ko decide karna hai Aap udta hua teer kyu le rahe ho I can’t understand.
He doesn't have the business acumen to take hard decisions like down-sizing. He is too emotional to run a business. If you can't fire 6 least performing people then later your business will go bankrupt and you will have to close it down for ALL 12 people and that will include the high-performers as well.
I originally thought he was making 200k a month himself, then I learned that no, the entire turnover of his 10 people company is 200k. How is he even paying their salaries?
1.5L salary for 12 people. He is barely paying 10k per month. That's exploiting. I used to pay 18k per month for part time work from home. Although my business is closed now for other reasons
The caption truly justifies the attitude of this young gentleman. I tried my level best for running a production house being a music producer myself for 7 years. Eventually at 31 I failed and gave up. Started fresh at 31 with a Job where I was the oldest. Was tough in the starting to sit with 23s and 24s but eventually I understood. I failed as a businessman, I am not going to fail as an employee and here after 4 years, 3 promotions and one in pipe line, savings, investments, cars and bikes and gifts to the family and contributing in the family, I can proudly say that never be too proud to change, be in a hostile environment and the days will change.......
@@mr_khatkar990 I had applied for a normal customer care executive job in 2020. But I did not get stuck on that job only, along side I did Microsoft certifications and with which I was hired for a technical role. Please tell me what qualifications do you have and how old are you? I can guide you accordingly. There are tons of opportunities.
@@nikhil23911 Nahh.. I am just mature enough as I have been an employee as well as a company owner. Tumhare jaise free logo ko baith ke har kisi ko comment karna pasand hai jo actual reality se bahut durr rehte h
Virar me mat aao yar bohot log aagaye yaha already haha Just kidding yes can do bt sabka ego hai me to andheri se hu virar kon jaega and this will nevet let them grow
@@dhawaljain3837 Yes but it debt 8 log 1bhk me Only for Andheri Tag isn't good 40% Interest is too much survive on but still "Business Acha Chal raha h"
He is scared of being an employee because he has no skill that shows and the expenses he is in now he knows that the job salary will not fulfill the needs and wants and in addition the traps of EMI are still in the back which he is afraid of
Golden statement is- Doing Business without Gross margin is committing suicide! This guy can never succeed in business because he is not ready to learn.accept his mistakes or go backwards and correct them. He is rigid. And caught in a debt trap.Jab dhanda hain nahi,gross margin bahut chota hain , aap pe itne saare loans hain,toh aapki kya majboori hain ki dhanda chalate rahe... He is in a comfort zone who doesnt want to work under someone for salary! But I appreciate Anshuman's patience that he tolerated this guy and tried to make him understand,Although he is not ready to understand.
@@chiranjeev4804 aboustely right you are...yaha apne comfort zone se bhar nahi ana chahta or uppar se kise ke under kaam salary mein kaam bhi nahi karna chahta janata hu ki iske 2 bacha hai or might be wife non working hoge
Only if u have an MBA from a decent college then only salary growth is gud.@@nikhil23911. Just working in corporate for 10 yrs won't give gud salary. In what field he is working matter.
@@eishwinoh yeah. As if out of 1.4 billion 80% indians arent from another community. We can find people from all communities with two children at the age of 28 if you look closely enough.
@@sanem2555 Hindu population: Decreased by 7.81% from 84.68% to 78.06% of the population Muslim population: Increased by 43.15% from 9.84% to 14.09% of the population, increasing from 37 million to 181 million people Jain population: Decreased from 0.45% to 0.36% of the population Christian population: Increased from 2.24% to 2.36% of the population Sikh population: Increased from 1.24% to 1.85% of the population Buddhist population: Increased from 0.05% to 0.81% of the population
@@sanem2555 I don't care about community but this guy is absolutely st#pid. He runs a business but even his fundamentals are not clear, he should not even be married let alone have kids.
Nahi aati bhai 😅 ye log kaise bhi survive kar lete hai 😂 Jo Banda ye sochta hai ki uski earning me uske employees ki salary bhi count karta hai ye Net earning iski 40k se kam hai
Hars off to the guy for taking the courage to come in this video. We dont know what it's like to be in his shoes so we shouldnnot make fun of him. Mistakes happen. I hope he recovers and turns around his life.
Mistakes unnecessary expenses to support his lifestyle are not mistakes....he has 2 kids one wife and 2 parents wtf is he doing right now he should get his shit together that's the right thing to say
Sell your stuff, rent a smaller office, show exit to half of the staff, use your bike in a limit if possible sell it, close office space and do WFH, do daily stand-ups.
@@nasiriqbal7594 Stand-up meetings, so that he can get updates from each employee on what tasks they worked on previous day and what tasks they are going to take-up for today.
He's is earning 2L per month after hiring 10 people plus 2 partners. He believes that by having more money upfront, he could hire better talent, which would bring in 10L per month. However, this is delusional as he seems to think that someone else will generate the income for him. He acknowledges that the current staff isn't good, but he's hesitant to make decisions that are beneficial for the business. If there is a month with no recruitment due to a slump, how will he cover the 1.5L salary and personal expenses? He has everything maxed out. It seems he is hiding something, not from Anshuman but from himself. He is possibly afraid that the world will laugh at him, think of him as a failure, and that his family will view him as a loser. His decisions appear to be driven by ego rather than considering his family's future or the future of the business.
In business you have to be ruthless if you are the leader. Agar overhead >>> revenue then you have no choice but to squeeze cost or increase margin Agar employee 5k ka Kama raha hai Aur aap usko 20k de rahe ho toh woh business kar raha hai😂
Sell the bike, go pro, mic and cut down your emi with selling price first and after that if you afraid of doing job then do your current business only but refuce your employees in half and tell your brothers and yourself too be a employees for atleast next 2 years thats how you can roll out the mess you created.
Sell the gadgets ✅ Shut down the business completely and get a monthly flow of cash in positives to pay the bills. He doesn't understand what equity and interest is, I think he needs a skill upgradation before getting back to entrepreneurship.
Okay, After almost an year of recording Fix your Finance, Anshuman failed to convince someone to get out of their financial trouble. It happens bro, at the end his life his choice🫂
@@hoelefouk Haha haan bas wo ameer baap ki bigdi aulaad tha, last mei solve usse hi hua😂 iske paas wo bhi ni and laga rha apni or apni family ki life ki
Bro needs to stop his "business" period! Need to find a job. He has no sense of business. When you talk about "income" from business it is excess of income over expense!
Someone needs to tell him that his thought process is wrong. He should start wfh or reduce his company size to 2-3 employee and sit at home and work. He will save 25 thousand rent and 75k deposit and will payoff his loan .
1)you can also sell your assets for sometimes like gold, unwanted furniture, go-pro, etc this will help you to get out from some loans. 2) control your expense that will really help you to come back at your feet.
bhai ne give up kar diya akhir mein🤣, I understand mai bhi aise hi hatash ho jata hun you can't make some one understand. "You can borrow knowledge but you can't borrow realisation"
he has kids and he is not yet estimating in next 3-4 years the expense will spike like anything. The delusion that business is better than doing a job is spoiling so many lifes.
I really appreciate you making this video 1. It is an eye opener for people who are stuck like this 2. They might be open to ask for help 3. Other people who might be on a similar journey will become cautious 4. It shows your channel is not only for people who are already sorted, but real people who NEED help...someone to tell them without being judgemental that this is black & this is white Very good initiative 👏
Fix your tummy. Itni mehengi hotel stay, dine out, parties. Employees itne saare n revenue is peanuts. 6 Credit cards Office rent This guy is a king who lost it all.
I have three ACs and running on and off during day and night, in summer and monsoon start, i was getting 16-18k bills. The rates are higher in mumbai area, including suburbs up to Borivali. Per unit electricity Maybe cheaper on the outskirts and New Bombay.
Cut down the staff, Stop renting the office, Sell Go Pro, Mic, etc. Do some freelance work if possible or try to invest your time in the other business you mentioned. Or try to get a job in entry level managerial position. You have a lot of time to upskill and certifications.
How do you know the person is not listening to you? “They start completing your sentences before you finish and they do it often during the conversation.”
Yasin bhai bohot tuff spot mei hai . This video by Anshuman really highlights what many many ppl on the group go thru . Yasin’s approach to the whole thing was he wants liquidity to set this off somehow. But he will again land up in the same situation again because of total lack of maturity on financial front . If someone can spend almost a lakh on camera and Mike on day one , then you know it’s more of show off . I wish he has a transformation and mindset change to come out of this . Best luck to him . But this attitude of ghand phate toh phatey parr nawabi na hatey clear dikh raha hai . Excellent work team Anshuman
Irony being thinking he has really done something in 8 years and doesn’t wish to start again. I could see myself in his place. I was in similar situation just 2 years back in time.
@@dumb_art156 I was in debt of 3 lakh: credit cards+ personal loans mix on a 30000 salary, out of which I had to pay 15-20 k to my family monthly anyhow.
Idk about your situation, but agr 8 saalo mei 2L per month ka business banaya hai with a net profit of 30k to use business nhi bolte. Itna ki kamana tha to chai ki tapri lga leta isse acha😂 And WTF is growth potential bohot hai, 8 saal mei to ni dikhi
Not similar but I had EMI s and credit card debt, I still have. Was a professional then switched to doing a business, have business loan too. I looked for a job, got a job. My monthly salary is what I used to make 10 years back, but still I had to get a job, cause no one was going to save me from the mess. And it's an obvious move.
The house is a bit crowded, I would say - eight people living in a one bhk. The credit card companies would eventually take his camera, his bike, and everything, maybe his house too. Also, if someone is running away from the collection agents and still gets a score of 650, then what do you have to do to get a score of say 100?
The biggest problem and also sometimes strength of businessmen in our nation is the optimism..this level of optimism kills your thinking capabilities of your situation. Talking to people always helps you..that may be hard hitting but it is the only way out.
Some people have no exposure to financial planning when growing up. I am very lucky that i had that, with elders who had their finance right and most importantly taught me how to handle personal finance while growing up. During school picnics, i had to keep a diary and report all the expenses and what is left. All members of family keep a ledger of their expenses, even dad with 63 years of age, still writes his expense as low as Rs 10, or for eg routine expense like haircut. Some of my friends dont know how to maintain personal ledger, or simple credit debit journal entry. Hope this type of content helps people early in their life.
bro I feel this happens with everyone who starts business at a very small age and in the start it is always a denial phase jaha pe ye jis din atka waha pe realisation phase shuru and jis din job krega waha se hatred phase shuru and 2saal baad jab everything will be in control tab acceptance phase shuru hoga.
Dusra bacha baad mai kr lete.. anyway we can't say anything. Stability ke baad hi bche krne chaiye. Though he is mentally mature according to his age but yes some bad decisions led him to this situation. I wish he gets financially stable asap.
10k light bill?? His own family is reckless, they must be blasting the ACs 24/7. This guy is extremely lazy and does NOT respect the value of money. He will never escape the debt trap with this behaviour.
This guy is operating from ego. He is enjoying the feeling of having a big team and two offices. He is paying them to keep his reputation. He wouldn't eventually have to take some drastic measures, otherwise all this will collapse eventually.
I was always an advocate for a credit card because of it's reward points. But after see this I am going to close it. Never want to end up in this situation
Bro you gotta understand the thing and use . I have 22 CC . Only 3 in my Wallet one for fuel , store and Another one for emergency. And some 25 $ and few cents . I keep 2000$ in an envelope in my glove box which I don't use and liquid emergency fund . It's all about how you see things and take it for granted. Stop impressing people and money is safe . There is nothing wrong in high number of CC or other fin products .
Its ok to fail. But he is not ready to accept it. I was self employed running my business for 8 years. My earnings kept declining from last 2 years. This year in January the earnings were 90% dropped. I started full time job in January itself. It was really difficult for me to take this decision as I have never done job in the past. Instead of hoping that things will improve I immediately took the decision of doing job. Or bhai ye apki galatfemi hai ki aap pehle business kr rahe the to ab job nahi dega koi. Accept the situation and find a solution. Business can also be built later on. Puri life padi hai abhi.
His business is not doing bad. He is mis managed. He don't have attitude and intentions to sort out. He is finding excuses to not come put of comfort zone 😅
The most difficult thing to understand is that working only 7 hours a day while drowning in debt. That is stunning, come on you have to work until death if you want to run a business and also become successful at it. You cannot have your cake and eat it as well.
I'm 27, and like him, I've faced some tough situations, though by God's grace, I’m not in a financial trap. I used to run a successful eCommerce business, but a lawsuit forced me to shut it down. Now, I’m working in my dad’s business, but it’s only enough to clear his debts and cover expenses-it's not generating any income for me. I’m barely saving, and I can’t cover my lifestyle expenses with what we making from it. I even tried launching a TH-cam channel and selling merchandise to create an income stream, but that didn’t work out as planned. I invested around 70k in gadgets, hoping to get things going. Now, I’m focusing on gaining new skills and looking for a job in the IT field. The truth is, I never expected my business to get tangled in a lawsuit, and I wasn’t prepared for it. Sometimes, life forces you to make tough decisions. Even though I used to think getting a job wasn’t necessary and doubted anyone would hire me, I’ve realized that taking that step is crucial.
Yeh gambler hai na ki credit card ko dhang se use karne wala banda. Salary 2 lakh per month hai fir bhi anpadh nikla 5 lakh + ka debt. Bike itni kitne ki agayi aur go pro aur dji mic toh mushkil se 50k ka hota hai mila ke
10:23 doesn't it mean he kind of scammed the bank? Just think bank ki jagah koi individual hota aur usne 6 lakh diye h loan pr and ab wo har din bhatakta h ye jaanne ke liye ye banda rehta kaha h. Sick mentality. Why to use credit card agr aap sure hi nhi ho apni income ke baare m.
Koi ni Anshuman, bade bade shehro mein chotti chotti baatein hoti rehti. Sabka apna rasta hai end mein. Tumne badiya advice di, baki ab bande ke upar hai, ki wo kaise krna chahta aage. Best of luck to him for future actions
Im in a completely different situation. Without medication I would hardly live for another 5-6 months. Medicines probably can extend it by 2-2½ yrs which costs me a fortune. Im concerned about my family ending up in lesser living standards if I continue the therapy for those extra years.
I am also facing the same situation….but I am not in ny kind of debt …..it’s a joint business they asked me to move, served them 7 years. Now I am 31 , I studied data analysis as well to join companies as a fresher but no company want to hire…
Anshuman is depressed after this. He is massively patient I have to say this.
True brother, so true, I could see that on his face. 😂
On the other hand this guy is so stubborn
This guy was damn stubborn.
Anshuman approved finally @ 23:12 😂
The problem with this guy is that he is now old and joining a company as a fresher somewhere it feels demeaning...he has created a fake image in his mind of being a director and cannot work as an employee....he is designation oriented and worried about what people think and thats all matters to him
U r absolutely right but to grow in life sometimes u have to face reality. Many ppl started late and grew later. He should understand dat n drop dat false image dat he has in his mind.
Yes, you are absolutely right.
That's why instead of rapid success you need to start from zero.
Yes you will many guys like this
28 years is not old the thing is he doesn't have a plan B which will provide the same status and looking for a job from entrepreneurship looks very low.
“Business Bohot badhiya chal raha hai”
Laughed my ass out 🤣
Bss Credit 💳 Card ke bill nhi bhar paa rha
Delulu King😂
😂😂😂😂😂😂😂😂😂😂😂
😂😂😂
I have a suggestion bro
1. Cut down your staff number from 12 to 6-7
2. Give them work from home ( your 22k rent + 75k deposit will free)
3. As you said ki aapka effective kaam 3 hrs ka hai so 1-2 hrs aap apne staff ke saath kaam karo
4. You have a bike, enroll yourself in ola/rapido/uber and for 2 hrs ride lo
5. You mention, you have two brother, think about asking them to work if possible
You are in very tough situation, so solution will also be tough to follow
At the end only matters is ki shyam ko family bhar pet khana kha rahi hai ki nhi
Agar nhi to padosi ya rishtedaar nhi aayenge unko khana khilane
Aapko he karna hai sab kuch
So don’t think toom much ki log kya kahenge
@@KT_With_Sagar.S Jo banda salary ke liye kisi ke under kaam nhi Karna chahta.. Woh Ola Uber kya chalayega!
U need to understand the other persons thinking and mindset before giving solutions.
Bruh his advice is really good if the person is not able to work under someone else for growing himself and his income then it's his problem@@chiranjeev4804
@@chiranjeev4804 maine koi solution nhi suggestion diya hai
Usko follow karna hai ya nhi nhi wo yasin bhai ko decide karna hai
Aap udta hua teer kyu le rahe ho I can’t understand.
@@KT_With_Sagar.SI am not taking udta teer.. Your suggestions are irrelevant.!
He has spent a lot of money to get good hair cut for this interview, so he is not going to change his ways.
Beard ki trimming bhi dekh bhai, ekdum tip-top hai banda 😂😂
😂😂😂 mai bhi wahi dekh rha tha, hum toh aisihe Bina trim kiye bina office chale jate hai or ye tip top bana hua hai..
Bhai 130 rs mein hair cut and beard ho Sakta hai
He doesn't have the business acumen to take hard decisions like down-sizing. He is too emotional to run a business. If you can't fire 6 least performing people then later your business will go bankrupt and you will have to close it down for ALL 12 people and that will include the high-performers as well.
He need to read book - high output management
I feel he also belongs to the 6 least performers.
Bro "vyavahar banana" bhi kuchh hota hai business me jo aaj kal ke MNC waale log nahi samajh paayenge.
@@Tushar-h9n mnc wale tumse aur mujhse jyada acche se business samjhte hai😂
@@Tushar-h9nDekhlo so called vyavahar banana hai ya paise
I originally thought he was making 200k a month himself, then I learned that no, the entire turnover of his 10 people company is 200k. How is he even paying their salaries?
He is not paying salary to his employees
1.5L salary for 12 people. He is barely paying 10k per month. That's exploiting. I used to pay 18k per month for part time work from home. Although my business is closed now for other reasons
The caption truly justifies the attitude of this young gentleman. I tried my level best for running a production house being a music producer myself for 7 years. Eventually at 31 I failed and gave up. Started fresh at 31 with a Job where I was the oldest. Was tough in the starting to sit with 23s and 24s but eventually I understood. I failed as a businessman, I am not going to fail as an employee and here after 4 years, 3 promotions and one in pipe line, savings, investments, cars and bikes and gifts to the family and contributing in the family, I can proudly say that never be too proud to change, be in a hostile environment and the days will change.......
Glad you're doing well now brother 🤝🏻❤️ happy to read that
which job did you pick? I am in similar situation myself. Would really appreciate if you can give some suggestion
@@mr_khatkar990 I had applied for a normal customer care executive job in 2020. But I did not get stuck on that job only, along side I did Microsoft certifications and with which I was hired for a technical role.
Please tell me what qualifications do you have and how old are you? I can guide you accordingly. There are tons of opportunities.
Which job you took?
Bro is running a recruitment company but is facing employee problem himself.
yeah it happens, there are many recruitment companies and there is tough competition in this field.
bhai bohot dark and funny tha
@@logan13b aap pakka is video ke Yasin lag rahe hao, fake ID bana ke comment kar rahe ho.
@@nikhil23911 Nahh.. I am just mature enough as I have been an employee as well as a company owner. Tumhare jaise free logo ko baith ke har kisi ko comment karna pasand hai jo actual reality se bahut durr rehte h
@@logan13bchup aya bada business owner... Khud vella pada hai comment kar raha hai... Irony😂😂
Simple Suggestion -
Sell Your Versova House and buy a 2bhk house in Vasai aur Virar, Pay your whole debt with the remaining amount.
Virar me mat aao yar bohot log aagaye yaha already haha
Just kidding yes can do bt sabka ego hai me to andheri se hu virar kon jaega
and this will nevet let them grow
@@dhawaljain3837 Yes but it debt 8 log 1bhk me Only for Andheri Tag isn't good 40% Interest is too much survive on but still "Business Acha Chal raha h"
Bhai bi hai, wo kyu bikne denge is moti ki galti k wajah se
He said he is living on rent in Versova.
He is doomed and unfortunately his family is too
@@Avt-b61 Please rewatch that part again
This guy has lost it. He doesn't want to change.
He is scared of being an employee because he has no skill that shows and the expenses he is in now he knows that the job salary will not fulfill the needs and wants and in addition the traps of EMI are still in the back which he is afraid of
delulu is the only solulu na? no? okay.
@@CJhere yes we can see how he happy he was when he said the outstanding amount has been converted to 24 months emi.
@@neilthakkar8795fr like his attitude will not feed his kids😂
Golden statement is- Doing Business without Gross margin is committing suicide!
This guy can never succeed in business because he is not ready to learn.accept his mistakes or go backwards and correct them. He is rigid. And caught in a debt trap.Jab dhanda hain nahi,gross margin bahut chota hain , aap pe itne saare loans hain,toh aapki kya majboori hain ki dhanda chalate rahe...
He is in a comfort zone who doesnt want to work under someone for salary!
But I appreciate Anshuman's patience that he tolerated this guy and tried to make him understand,Although he is not ready to understand.
@@chiranjeev4804 aboustely right you are...yaha apne comfort zone se bhar nahi ana chahta or uppar se kise ke under kaam salary mein kaam bhi nahi karna chahta janata hu ki iske 2 bacha hai or might be wife non working hoge
True brother
On a side note, imagine the growth in Salary in 10 years had he worked in Corporate.
@@nikhil23911He would very very easily be earning 1Lakh+ per month, or possibly even 1.5 or 2 Lakh if he did really well in his job
Only if u have an MBA from a decent college then only salary growth is gud.@@nikhil23911. Just working in corporate for 10 yrs won't give gud salary. In what field he is working matter.
like for Anshuman frustration.😂😂😂😂
Two kids at 28? No wonder he never figured out the finance side of life!
Typical muslim what do you expect
Bro he comes from that community where people don’t think before doing kids
@@eishwinoh yeah. As if out of 1.4 billion 80% indians arent from another community. We can find people from all communities with two children at the age of 28 if you look closely enough.
@@sanem2555 Hindu population: Decreased by 7.81% from 84.68% to 78.06% of the population
Muslim population: Increased by 43.15% from 9.84% to 14.09% of the population, increasing from 37 million to 181 million people
Jain population: Decreased from 0.45% to 0.36% of the population
Christian population: Increased from 2.24% to 2.36% of the population
Sikh population: Increased from 1.24% to 1.85% of the population
Buddhist population: Increased from 0.05% to 0.81% of the population
@@sanem2555 I don't care about community but this guy is absolutely st#pid. He runs a business but even his fundamentals are not clear, he should not even be married let alone have kids.
First time I am seeing Anshuman so helpless 😅 Bhai wo apne hi duniya me hai . Reality bohot jaldi samajh aa jaegi.
Nahi aati bhai 😅 ye log kaise bhi survive kar lete hai 😂
Jo Banda ye sochta hai ki uski earning me uske employees ki salary bhi count karta hai ye
Net earning iski 40k se kam hai
I would never sleep in peace if I was in his situation
@@gulabpatel7477 yeh salary he nai deta hai employee ki toh kahan se count karega even iski employees ko chai Dene ki capability nai hai iski
@@ummmjustsayindusro ka mehnat ka paisa kha kar aisa log jeete haii sukoon se aur aukaat se zyada expense karte haii
ITS DIFFICULT TO MAKE SONEONE UNDERSTAND WHEN THEY DONT WANT TO UNDERSTAND 😅
Nice line
Stubborn just like my father 😂
So true, host ro pada
@@player-rj9lb+1
😂😂😂😂😂😂😂😂😂😂
Bro are you not listening to yourself?
Bro: 100%
Credit card recovery agent watching this video😂😂
He didn't reveal the address
Bro is Vijay Mallya lite
Anshuman se bolte hain bhej de iska address😂
Yeh sahi tha guru..😂😂
😂
Hars off to the guy for taking the courage to come in this video. We dont know what it's like to be in his shoes so we shouldnnot make fun of him. Mistakes happen. I hope he recovers and turns around his life.
Well Said 😊
Mistakes unnecessary expenses to support his lifestyle are not mistakes....he has 2 kids one wife and 2 parents wtf is he doing right now he should get his shit together that's the right thing to say
Sell your stuff, rent a smaller office, show exit to half of the staff, use your bike in a limit if possible sell it, close office space and do WFH, do daily stand-ups.
Stand ups?
@@nasiriqbal7594 team member meetings
@@nasiriqbal7594 like a short meeting with the employees discussing days work
@@nasiriqbal7594 since he's a joker he can do it
@@nasiriqbal7594 Stand-up meetings, so that he can get updates from each employee on what tasks they worked on previous day and what tasks they are going to take-up for today.
He's is earning 2L per month after hiring 10 people plus 2 partners. He believes that by having more money upfront, he could hire better talent, which would bring in 10L per month. However, this is delusional as he seems to think that someone else will generate the income for him. He acknowledges that the current staff isn't good, but he's hesitant to make decisions that are beneficial for the business.
If there is a month with no recruitment due to a slump, how will he cover the 1.5L salary and personal expenses? He has everything maxed out.
It seems he is hiding something, not from Anshuman but from himself. He is possibly afraid that the world will laugh at him, think of him as a failure, and that his family will view him as a loser. His decisions appear to be driven by ego rather than considering his family's future or the future of the business.
So how many companies u made till now?🧐
In business you have to be ruthless if you are the leader. Agar overhead >>> revenue then you have no choice but to squeeze cost or increase margin
Agar employee 5k ka Kama raha hai Aur aap usko 20k de rahe ho toh woh business kar raha hai😂
He is so proud to talk about his business which is not even profitable as if he has achieved something big
When your house is on fire you don't give a damn about giggles of the society.
Exactly
Exactly.
Exactly..
When he said "main bike pe aata hoon", I imagined a burgman
20:05 - Anshuman is frustrated already 😂
Sell the bike, go pro, mic and cut down your emi with selling price first and after that if you afraid of doing job then do your current business only but refuce your employees in half and tell your brothers and yourself too be a employees for atleast next 2 years thats how you can roll out the mess you created.
Sell the gadgets ✅
Shut down the business completely and get a monthly flow of cash in positives to pay the bills.
He doesn't understand what equity and interest is, I think he needs a skill upgradation before getting back to entrepreneurship.
@@beatalert123true
The definition of insanity is doing the same thing over and over and expecting different results.
That being said, for those people who have purchased things out of impulse and willing to sell it now,
I am looking for a Mirrorless camera.
Tu kya sahi jagah olx ka buy option pakda hai bhai 🤣🤣🤣
Guys Anshuman left this channel and his passion for consultantion
No more videos coming.
Anshuman is seriously pissed after this video.
🤣
Anshuman bro… You are such a Gem.. 💎 You deserve a salute for this conversation 👍
So true!
Okay, After almost an year of recording Fix your Finance, Anshuman failed to convince someone to get out of their financial trouble. It happens bro, at the end his life his choice🫂
Ek aur tha voh blurred face wala
@@hoelefouk Haha haan bas wo ameer baap ki bigdi aulaad tha, last mei solve usse hi hua😂 iske paas wo bhi ni and laga rha apni or apni family ki life ki
Bro needs to stop his "business" period! Need to find a job. He has no sense of business. When you talk about "income" from business it is excess of income over expense!
Anshuman is so calm and composed in this 😅
Someone needs to tell him that his thought process is wrong. He should start wfh or reduce his company size to 2-3 employee and sit at home and work. He will save 25 thousand rent and 75k deposit and will payoff his loan .
1)you can also sell your assets for sometimes like gold, unwanted furniture, go-pro, etc this will help you to get out from some loans.
2) control your expense that will really help you to come back at your feet.
bhai ne give up kar diya akhir mein🤣, I understand mai bhi aise hi hatash ho jata hun you can't make some one understand. "You can borrow knowledge but you can't borrow realisation"
Aaj insurance ki Baat shuru hi nahi hui.
Insurance nhi ise bhagwan ki zarurat hai
Khana khane kiliye paisa nahi insurance kanha lega
This was height 😂
😂😂 Bhai
he has kids and he is not yet estimating in next 3-4 years the expense will spike like anything. The delusion that business is better than doing a job is spoiling so many lifes.
Yes he is delusion totally
I really appreciate you making this video
1. It is an eye opener for people who are stuck like this
2. They might be open to ask for help
3. Other people who might be on a similar journey will become cautious
4. It shows your channel is not only for people who are already sorted, but real people who NEED help...someone to tell them without being judgemental that this is black & this is white
Very good initiative 👏
Calling 2.97 lakh as 2.5 lakh...is one of the problems.
Fix your tummy.
Itni mehengi hotel stay, dine out, parties.
Employees itne saare n revenue is peanuts.
6 Credit cards
Office rent
This guy is a king who lost it all.
6:12 Inka Burgman lena pakka hai.! The guy refuses every possible solution suggested to him! I hope he recovers quickly from his financial distress!
Banks Worst Nightmare
Anshuman told to quit his business nearly 5 times in different ways.... Lekin Sachin Tichkule mante hi nahi
Even with two ACs 8-9000 is impossible unless they run 24x7.
I have three ACs and running on and off during day and night, in summer and monsoon start, i was getting 16-18k bills. The rates are higher in mumbai area, including suburbs up to Borivali. Per unit electricity Maybe cheaper on the outskirts and New Bombay.
Cut down the staff, Stop renting the office, Sell Go Pro, Mic, etc. Do some freelance work if possible or try to invest your time in the other business you mentioned. Or try to get a job in entry level managerial position. You have a lot of time to upskill and certifications.
Bhai tu kya kar raha hai....ego kam karle aur job dhund...hats off to Anshuman on being this calm and composed
Kya job krega bhai vo
This dude is arrogant to take jobs like swiggy delivery and too dumb to get any skilled job 😂
This episode should have been called
"Fix your mindset"😂
How do you know the person is not listening to you? “They start completing your sentences before you finish and they do it often during the conversation.”
Bhai you are the most helpful finance influencer ever!!!!!The value you are providing!!
Yasin bhai bohot tuff spot mei hai . This video by Anshuman really highlights what many many ppl on the group go thru . Yasin’s approach to the whole thing was he wants liquidity to set this off somehow. But he will again land up in the same situation again because of total lack of maturity on financial front . If someone can spend almost a lakh on camera and Mike on day one , then you know it’s more of show off .
I wish he has a transformation and mindset change to come out of this . Best luck to him . But this attitude of ghand phate toh phatey parr nawabi na hatey clear dikh raha hai .
Excellent work team Anshuman
Business is having the discipline to do accurate bookkeeping and making sure revenue >costs
It seems like anshuman is bit pissed 😅
Now Credit card companies will run behind Anshuman, now that he knows where he stays 😅😂😂😢
😂😂
17:02
Anshuman be like isko konsi gali du
😆😆😆😆😆😆😆😆😆😆😆😆😆😆
mujhe bhi yahi laga 😂😂
😂😂😂
😅😂
I thought he was searching for his Footwear 😂
Im honestly saying that he has debts from his partners in business.
I feel Anshuman you are one of the few people in this world who is really trying to help people with your channel. All the best
He is such an honest person you will power through this all my best wishes 😊
Bro is cooked💀
Irony being thinking he has really done something in 8 years and doesn’t wish to start again. I could see myself in his place. I was in similar situation just 2 years back in time.
What happened, what was ur situation may ik?
@@dumb_art156 I was in debt of 3 lakh: credit cards+ personal loans mix on a 30000 salary, out of which I had to pay 15-20 k to my family monthly anyhow.
Same question @@dumb_art156
Idk about your situation, but agr 8 saalo mei 2L per month ka business banaya hai with a net profit of 30k to use business nhi bolte. Itna ki kamana tha to chai ki tapri lga leta isse acha😂 And WTF is growth potential bohot hai, 8 saal mei to ni dikhi
Not similar but I had EMI s and credit card debt, I still have. Was a professional then switched to doing a business, have business loan too. I looked for a job, got a job. My monthly salary is what I used to make 10 years back, but still I had to get a job, cause no one was going to save me from the mess.
And it's an obvious move.
The house is a bit crowded, I would say - eight people living in a one bhk. The credit card companies would eventually take his camera, his bike, and everything, maybe his house too. Also, if someone is running away from the collection agents and still gets a score of 650, then what do you have to do to get a score of say 100?
His EGO will KILL himself 😂😂😂
Looks like he is testing your patience 😂😂
The biggest problem and also sometimes strength of businessmen in our nation is the optimism..this level of optimism kills your thinking capabilities of your situation. Talking to people always helps you..that may be hard hitting but it is the only way out.
he said recovery agents dont knw where we are! NOT ANY MORE!
Some people have no exposure to financial planning when growing up. I am very lucky that i had that, with elders who had their finance right and most importantly taught me how to handle personal finance while growing up.
During school picnics, i had to keep a diary and report all the expenses and what is left.
All members of family keep a ledger of their expenses, even dad with 63 years of age, still writes his expense as low as Rs 10, or for eg routine expense like haircut.
Some of my friends dont know how to maintain personal ledger, or simple credit debit journal entry. Hope this type of content helps people early in their life.
Help your laid off employees to get a job elsewhere through your recruitment agency.
😂😂
bro I feel this happens with everyone who starts business at a very small age and in the start it is always a denial phase jaha pe ye jis din atka waha pe realisation phase shuru and jis din job krega waha se hatred phase shuru and 2saal baad jab everything will be in control tab acceptance phase shuru hoga.
Nice episode.. we tend to learn more from our failures then success
Anshuman’s face in the last 3 mins 😂
Investment hi 2 lakh ka tha 5.97L ka ghata kaise ho gaya
Overleveraging ig
Dusra bacha baad mai kr lete.. anyway we can't say anything. Stability ke baad hi bche krne chaiye. Though he is mentally mature according to his age but yes some bad decisions led him to this situation. I wish he gets financially stable asap.
Pehla bhi nhi krna chaiye aise haalat mei
Mentally mature but with zero business accumen
Are fir gajwa e hind kaisa karenge😂😂😂
Higher the literacy, lower the birth rate. You can google it.
@@flyingcacoon3713 tere akhand bharat wale se toh Kam hi hai...
21:10 patience level pro max
10k light bill?? His own family is reckless, they must be blasting the ACs 24/7. This guy is extremely lazy and does NOT respect the value of money. He will never escape the debt trap with this behaviour.
Anshuman getting genuinely worried is what I like about his personality.
This guy is operating from ego. He is enjoying the feeling of having a big team and two offices. He is paying them to keep his reputation. He wouldn't eventually have to take some drastic measures, otherwise all this will collapse eventually.
I was always an advocate for a credit card because of it's reward points. But after see this I am going to close it. Never want to end up in this situation
Bro you gotta understand the thing and use . I have 22 CC . Only 3 in my Wallet one for fuel , store and Another one for emergency. And some 25 $ and few cents . I keep 2000$ in an envelope in my glove box which I don't use and liquid emergency fund . It's all about how you see things and take it for granted. Stop impressing people and money is safe . There is nothing wrong in high number of CC or other fin products .
He is not going to understand...how much ever ppl try to make him understand
How does anyone employ 12-15 people with 2 lacs turnover per month? He should sell his GoPro and mic first. That would get him around 65,000/-
Yes.
He’s paying them less
Its ok to fail. But he is not ready to accept it.
I was self employed running my business for 8 years. My earnings kept declining from last 2 years. This year in January the earnings were 90% dropped. I started full time job in January itself. It was really difficult for me to take this decision as I have never done job in the past. Instead of hoping that things will improve I immediately took the decision of doing job. Or bhai ye apki galatfemi hai ki aap pehle business kr rahe the to ab job nahi dega koi.
Accept the situation and find a solution. Business can also be built later on. Puri life padi hai abhi.
bhai blur karna bul gya app ina face. 😅
wo 2 week baad dalegi, jab hum sab jee bhar ke troll kar lenge🤣
His business is not doing bad. He is mis managed.
He don't have attitude and intentions to sort out. He is finding excuses to not come put of comfort zone 😅
The most difficult thing to understand is that working only 7 hours a day while drowning in debt. That is stunning, come on you have to work until death if you want to run a business and also become successful at it. You cannot have your cake and eat it as well.
I'm 27, and like him, I've faced some tough situations, though by God's grace, I’m not in a financial trap. I used to run a successful eCommerce business, but a lawsuit forced me to shut it down. Now, I’m working in my dad’s business, but it’s only enough to clear his debts and cover expenses-it's not generating any income for me. I’m barely saving, and I can’t cover my lifestyle expenses with what we making from it.
I even tried launching a TH-cam channel and selling merchandise to create an income stream, but that didn’t work out as planned. I invested around 70k in gadgets, hoping to get things going. Now, I’m focusing on gaining new skills and looking for a job in the IT field.
The truth is, I never expected my business to get tangled in a lawsuit, and I wasn’t prepared for it. Sometimes, life forces you to make tough decisions. Even though I used to think getting a job wasn’t necessary and doubted anyone would hire me, I’ve realized that taking that step is crucial.
Yeh gambler hai na ki credit card ko dhang se use karne wala banda. Salary 2 lakh per month hai fir bhi anpadh nikla 5 lakh + ka debt. Bike itni kitne ki agayi aur go pro aur dji mic toh mushkil se 50k ka hota hai mila ke
7 people living in 1 bhk. My god, he is not a director he need to get direction for his life.
10:23 doesn't it mean he kind of scammed the bank? Just think bank ki jagah koi individual hota aur usne 6 lakh diye h loan pr and ab wo har din bhatakta h ye jaanne ke liye ye banda rehta kaha h. Sick mentality. Why to use credit card agr aap sure hi nhi ho apni income ke baare m.
Anshuman bhai: Even i am not listening to you. But I love you. All the best for educating us with practical interviews.
8 in a family , awesome.............. produce more and be dependent and live tension free
Basically he is a lazy man in a day dream , i fear a worst end of entire family 😢
The family has your tax payments to support them
Koi ni Anshuman, bade bade shehro mein chotti chotti baatein hoti rehti.
Sabka apna rasta hai end mein.
Tumne badiya advice di, baki ab bande ke upar hai, ki wo kaise krna chahta aage. Best of luck to him for future actions
Hats off Anshuman...for your patience. I could never tolerate a person who isn't ready to listen. Great episode.!!
this is a honest suggestion Anshuman especially last few lines
when u try to do business after watching movies
After motivational video too . Real mess
That's why education is important
What a spoilt brat!! Feel bad for his wife and kids.
Im in a completely different situation. Without medication I would hardly live for another 5-6 months. Medicines probably can extend it by 2-2½ yrs which costs me a fortune. Im concerned about my family ending up in lesser living standards if I continue the therapy for those extra years.
They will live anyway . They will mourn for you for a few days . Everyone will forget you
Leave everything and read Feeling is the secret by Neville Goddard. Trust me.
Anshuman bhai.. Bhaut khoob. Subscribed for life.
What a valuable content 🙏🏼
I am also facing the same situation….but I am not in ny kind of debt …..it’s a joint business they asked me to move, served them 7 years. Now I am 31 , I studied data analysis as well to join companies as a fresher but no company want to hire…