Entrepreneur Himanshu Agrawal: Middle Class To Teenage Crorepati, Success Secrets | TRS हिंदी 157

The Reality of YouTube Revenue - A channel with 500k subscribers only generates $35,000 per month - Even a niche Ayurveda channel with 1.3 million subscribers earns just $70,000 per month - Lack of business acumen and focus on distractions prevent creators from maximizing their earnings

"Results Rather Than Process" Mentality - Creators prioritize showing off results rather than focusing on the process - They are easily distracted by material possessions that impress others instead of investing in their own growth and learning opportunities

Himanshu Agrawal's Inspiring Journey - Himanshu Agrawal started his business journey at a young age despite coming from a lower middle-class family - His story serves as an inspiration for those seeking financial success - The podcast aims to provide insights into global business trends, AI advancements, and available opportunities for listeners across India.

Keeping Achievements Private Himanshu Agrawal explains that he has kept his career achievements to himself and hasn't actively shared them on social media. He prefers to focus on his email list audience rather than content creation.

'Subscription' Business Model "Subscription" is a book that inspired Himanshu Agrawal to change the game of business. He believes in the power of subscription billing, which provides consistent monthly income instead of starting each month from zero with one-time customers.

- Netflix & ChatGPT earns money through subscriptions, with different levels of leverage. - Leverage means getting more output from the same input. - There are four levels of leverage: labor, capital, media, and code.

The Power of Leverage In today's world, most successful businesses are tech-based. It is crucial for entrepreneurs to adopt technology in their business. The key to success lies in leveraging technology to scale quickly and efficiently.

'Whom, Not How' Approach 'Whom, not how' is a concept that emphasizes the importance of seeking help from experts rather than trying to understand everything yourself. Hiring someone who knows about a specific field or skill can provide valuable insights and save time.

Entrepreneurial Journey from a Young Age "In this chapter, the speaker shares their journey of starting businesses from a young age. They started with a photography business in 9th grade and went on to start various ventures like cloth renting, Xbox renting, app development (Famenik), and story writing platform (Febup). Although they earned money through these businesses, they didn't feel rich or successful. This led them to shift towards climbing the corporate ladder."

Transitioning into Corporate Life "After facing challenges with startups and feeling unsatisfied with the earnings compared to others playing in lakhs (hundreds of thousands), the speaker decided to transition into working for corporations. They worked at Teleperformance before joining PhonePe, Flipkart, and Amazon. The fast-paced problem-solving environment at startups made it easier for them to handle tasks in corporate jobs."

The Power of Observation Observation skills are crucial in becoming smart and successful. By observing people and patterns, one can read between the lines and make informed decisions. This ability to recognize patterns allows for better problem-solving and decision-making.

From Dropshipping to Software Development "Dropshipping" is a business model where products are sourced from China at a low cost and sold at a higher price without holding inventory. The speaker discovered dropshipping through observation, but faced challenges with margins. To increase profits, they started selling digital products instead of physical ones. They then transitioned into software development by identifying gaps in existing systems like Learning Management Systems (LMS) for coaching teams.

The speaker discusses the obstacles faced by Generation Z and shares his personal approach to overcoming them. He emphasizes the importance of creating solutions for oneself, regardless of market demand. The speaker also highlights a major observation from his travels across India, noting that Tier 1 cities are surrounded by distractions while Tier 3 cities lack ambition. He mentions that distractions such as sex, social media, and status hinder individuals from focusing on personal growth and learning.

The Power of Attention Money in the world of YouTube is driven by attention. YouTubers who have cracked the game of gaining attention and traffic still struggle to monetize it effectively. They need to focus on providing valuable services or products that deeply impact their audience, converting subscribers into fans.

"Living Beyond Their Means" 'YouTubers often create a lifestyle they want to show but can't afford. This applies not only to YouTube but also platforms like Instagram and Bollywood.' The entourage surrounding celebrities in media contributes significantly to their expenses, limiting their ability for financial growth and scaling opportunities.

The Reality of YouTubers in North India In this chapter, the speaker discusses the YouTube and social media culture in North India. They express their knowledge of Bollywood and podcasting, as well as their distance from certain industries due to having a co-founder handle them. The speaker expresses skepticism about the financial success of YouTubers outside Mumbai, believing that they may be exaggerating their earnings.

'Selling Courses' Strategy for Success "Selling Courses" is discussed in this chapter. The speaker shares their personal experience with selling courses and consulting services based on marketing and sales expertise rather than relying solely on credibility or fame. They emphasize the importance of providing value to customers through direct response marketing strategies.

The Future of AI Algorithms and GPT AI algorithms, including GPT, present numerous opportunities for entrepreneurs. The speaker is currently working on using GPT to automate email communication by training the AI with years' worth of data from an email account. This step serves as a foundation for future AI-based businesses.

Leveraging Data and Audience Segmentation 'Data is key in the game of AI,' says the speaker who has built a deep-rooted audience through his segmented email list. By analyzing this data, he can understand his audience's interests and preferences without even meeting them personally. He observes trends within his audience that help him identify market demands such as self-esteem/confidence-building content or dating advice.

The Extremes of Gen-Z Gen-Z is often seen as either lazy or highly driven. While millennials are more average in their achievements, Gen-Z tends to be super achievers who struggle with finding a balance. They have access to information quickly but lack the ability to cap their work and rest. This leads to mental stress and an inability to take action towards their goals.

The Impact of Result-Oriented Thinking "Result-oriented thinking" is a major issue among Gen-Z individuals who attach themselves solely to outcomes rather than focusing on progress. When they don't see instant results, they quit easily, leading them into a habit of quitting regularly. This mindset affects both rich and lower-middle-class individuals alike, creating extremes where some believe they can achieve anything while others feel hopeless about their future.

The Power of English -English is a topic of great importance and confidence. -Through watching movies and TV shows in English, I gained new perspectives on the world. -Learning diction and accent helped improve my English skills.

Overcoming Language Barriers -In tier 3 cities, there is a bias against learning English due to patriotism. -Laziness often serves as an excuse for not learning the language. -Knowing English can open up opportunities for higher-paying jobs and success in foreign markets.

"Comfort Zone से निकलने के फायदे" (Benefits of Stepping Out of Your Comfort Zone) In this chapter, the speaker discusses the advantages of leaving one's comfort zone. They mention that in tier 3 English learning, grooming and etiquette play a significant role. The speaker emphasizes how important it is to present oneself well during video calls and communication with others. They also express their initial doubts about teaching others due to lack of confidence but eventually realize the importance and impact they can have on people's lives by imparting knowledge and skills. The speaker encourages college students, teenagers, and young professionals to learn these life lessons early for aggressive growth in life.

Opportunities and the Value of Hard Work There are plenty of opportunities available if you learn sales skills and have your own distribution or join a team with distribution. It's important not to focus solely on money in the beginning, as working hard now will lead to greater rewards later. Building a strong team is also crucial for long-term success.

The Power of Long-Form Content and Conversation 'Tier 3' individuals can benefit from consuming free content like podcasts, taking notes, and applying what they've learned. Longer form content helps build focus and teaches in detail. It also improves communication skills through conversation practice, which is essential for sales and financial growth.

The Importance of Experience In this chapter, Himanshu discusses the value of raw and unscripted questions in interviews. He emphasizes the need for practical experience rather than relying on scripted answers.

"Downloading" Podcasts Himanshu shares his habit of downloading podcasts to ensure he has access to valuable information even if it gets taken down. He highlights the importance of consuming free information and using it as a reference.