CA Piyali Parashari

As SRK turned 59 recently. This is the 4 point strategy that he used to create his wealth.🎂💰💰💰 💰Recently SRK made it to the Hurun's Rich List of India with a net worth of Rs 7300 crs. This is the 4 point strategy he has used to create wealth. 📌 ALWAYS DIVERSIFY 📍Besides films, he has also invested his money into SPORTS AND REAL ESTATE 📍Red Chillies Entertainment, his film production and distribution company which also has a post-production and visual effects unit, VFX is the most successful. 📍He partly owns the IPL franchise of Kolkata Knight Riders. 📍Kolkata Knight Riders saw a 19.3% growth in its valuation at $216.0 million. The franchise has the third highest valuation among IPL teams now. 📍He has also invested in the Indian franchisee of KidZania. 📍He also owns Mannat in Mumbai, Jannat in Palm Jumeirah in Dubai and a house in London 📍He is also a BRAND SPONSOR of many well known companies 📌AVOID BORROWING 📍He says he does not want to risk anyone else's money for his own pursuits. He believes in avoiding borrowing as much as one can. One should make do with less. 📌FOLLOW YOUR PASSION. Believe in your circle of competence 📍It's passion for his work that inspires him to work and invest in related ventures. 📍Red Chillies Entertainment and VFX studios is a part of his circle of competence 📌DON'T FOLLOW A FIXED FORMULA 📍He does not follow any rule book as according to him film making is a high risk business and you never know what will work. 📍He does not shy from failures and keeps making movies as he knows anything can click Sharing a picture of his wealth distribution taken from Trade Brains.👇 I would like to know your opinion. Adapted from Times of India article #stockmarket #investment #wealth #success #investing #srk #india LinkedIn LinkedIn Guide to Creating

A study has found that the average wedding budget of 2024 is ₹36.5 lakh (up 7% from 2023), while 👰 those opting for destination weddings spend an average of ₹51 lakh.🐚🏖️ That's a lifetime of savings for many parents. 💰 Most households allocate the biggest budget for purchasing a house and marriage of their children,👰 The average guest list size currently is somewhere around 352 or 356 people and there is almost a 14 percent👨👨 year-on-year increase. What is surprising is that 📌Wedding expenses are 2 times the average of what we spend on education, 📌3 times our average annual income and 5 times GDP per capita, BOTTOMLINE Marriages should be kept as intimate occasions for celebrating union of two families and couples rather than a show off extravaganza.🤝👰 Couples should also come forward and opt for simple weddings as they must remember that a middle class parent would struggle for the remaining life to make ends meet during his retirement age when there is no income.💰👴👵 What is your opinion? Image Credit. Respective Owner LinkedIn LinkedIn Guide to Creating

A mentor can give you insider insights to move in your career. What 5 qualities should your mentor have? 😇 📌OBJECTIVITY. Your BOSS cannot be your mentor. What if you want to talk to your mentor about your problems. 👨 The best mentor must be objective and help you find answers to your problems within yourself and help you see what you are missing.🧑‍💼 📌LISTENING A good mentor will always listen to you first and ask you questions to help you to discover life on your own terms.☺️ A mentor who only speaks about his life is not listening, he is talking.😑 📌UNDERSTANDING A mentor must have an understanding of your career situation and help you find an answer to your problems yourself. 👍 A mentor can't give a recipe of what worked for them alone as it may not suit your situation. 👎 📌CONNECTIONS A great mentor helps you to connect with resourceful people whom you don't know. They make introduction easier.🤝 📌SUPPORT Mentors who only take you through their past and don't invest time in understanding your situation can't help you in your path. ⏳ A mentor must invest time with you in supporting your career goals. 🎯 BOTTOMLINE 🧑‍💼A good mentor won’t teach you how to do your job. They will help you to REMOVE THE OBSTACLES in your own head so that you can do what really helps you succeed. 🦨 A mentor is one who sees more talent in you than you see in yourself. 🧑‍💼 What is your opinion? Image Credit. Respective Owner LinkedIn LinkedIn News India LinkedIn Guide to Creating