This Self Made Millionaire's Story Will FIRE YOU UP 🔥 - Jimmy Mistry | The Ranveer Show

when I started off my first business I was 19 so I remember going to sake naka in the bus and eating omelette pounded up on there kala I still remember one day I didn't have the money to have even even that so could you explain how you build all this like what what happened like this is hardly anything after after you dropped out of your coma honest hard work so for me no work was too small and for me no work was too big when you know you're not qualified you really work twice as hard to prove a point Wow you need to learn self loan yeah so I put in a lot of time effort energy into learning even today on a human level what is your motivation with business let me tell you the biggest motivation is right now if you got about 2,000 employees across businesses employing and improving the lives of 2,000 family go to my school and see those reading buddy kids you pee or it's worth yeah you look at your employees and your lives have been touched and now they've got married and they've got children and they have they're having they are on a bike they were still yesterday walking or somebody was on a bike is in a car you feel a sense of satisfaction I think you need to give back with equal amount of energy that you receive from people and the more you give the more you receive what good you guys a special episode of the runway show I've got an idol of mine doing miss Lisa first time I met you was at one of these YouTube brand dating events and what struck me about you a lot was how you just had this aura about you so for the young viewers I actually just want to give them a brief on Jimmy so so so that's actually one of the entrepreneurs I really look up to so so began doing business as a teenager he built one business after another and today he runs a multi-million dollar business empire the empire includes hotels an interior design business and adventure parks he's a self-made millionaire today and he's gonna share his inspirational story on the Danny show so sir it's a pleasure having you on the show pleasure is mine so I wanna start off the interview with asking you about your past and I'm not talking about engineering past I wanna go before that so so you did your diploma in engineering I didn't complete my diploma in mechanical engineering I dropped out of college or Tia I finished my three years of engineering do you ever regret dropping out those days yes perhaps my father would have been more happier hadn't I dropped out of college and completed my diploma and got that diploma degree I finished everything besides one paper that I kept flunking in and I could never complete but having said that I have never needed my degree of my diploma ever in life so III honestly even tilted it I believe in self learning and I do not really respect people's degrees and diplomas I respect the kind of work and the value at the bring in a cross on the table as a human being yeah and their knowledge and the skill set skill set is super important and it's it's so when somebody's from lbs or LSE or Harvard or Stanford the kind of skill set they bring across on the table excites me much more than the degree or the diploma God so I want to go even further back and I want to ask you about your family they say that the Parsi community in general is entrepreneurial like there are a lot of businessman to em so I come from a very humble Parsi family my father was a very straightforward simple Parsi 33 years of one single job and I had to when I started my business had to forcibly convince him to kind of take premature retirement after 33 years of working in Sarabhai chemicals he used to be in sales so I've seen him do say throughout his life and very honest very dedicated to his job and his company so that's the kind of value system that I've grown up with now my mom was an entrepreneur so she used to be a schoolteacher and after that she ran her own beauty salon at home so my bedroom was a beauty parlor haha and in Indore where my dad was posted then in October my dad was posted so all places used to get a two-bedroom apartment so my room used to be the Apollo and so I've seen seen and grown up looking at my mom struggle work and physically work herself so for me no work was too small and for me no work was too big yeah I could see both my mom and dad struggle in their own lives and put together the house and put together and kind of teach me and my sister whatever you've learnt in life so from seeing your parents struggle what's the one thing that stayed with you and helped you in today honest hard work both of them you apply that to dela as well yeah for me that's super important you don't mess around you may start with everything else in life work you don't mess around with work so could you explain how you build all this like what what happened what oh this is hardly anything after after you dropped out of your coma yeah after I tore off my diploma tremendous amount of pressure from my parents especially my dad to do something and he would like keep keep giving me tunnels all the while he's doing nothing and I was still trying to put a garage together to prepare bikes and stuff like that didn't have the funds how old were you so uh when I started off my first business I was 19 Wow okay when I came back to Bombay I needed some seed money I sold off my bike for about fourteen thousand bucks those days or something and I with that I bought drilling machine and press control chemicals was at Byculla at Namdeo Maji bought some chemicals bought some pump drilling machines and started off a pest control business Wow so that was that was 91 and 91 to 93 two years I was doing that soon enough I started approaching corporates trying to get large-scale business of large number of flats I got Bank of Baroda as one of my clients at almost I think about 30 or 50 flats I forgot now but pest control of those and and so on and so forth so two years I started doing a lot of building societies and Bombay that was control along with pest control when they started to know me I would lend up doing the work time disinfecting contracts then plumbing wall repair contracts that got me into plumbing and so I would basically lap of any business that would come my way and and explore and try and get more and more out of it and 93 I full-fledged went into contracting so doing contracting jobs for all the leading architects across especially in Bombay but even outside Bombay it was a learning ground for me to understand architectural design practices and that would be helping me in my later years as I moved onto furniture and I soon realized that there is there was a vacuum and for me all businesses begin with an idea and a thought process of identifying the vacuum like there was a lack of a good designer there's a lack of international design furniture in the country okay those days which people were ready to lap it up buy it at any cost and there was no suppliers when was this this was in 95 okay so 93 to 95 kept doing contracting then I was looking at something where I could establish myself bigger than contracting gone and came across this book officio which is a magazine and a catalog for office furniture I send a fax to a couple of companies and because soon enough I got a return reply from a company by the name of Halle Berry synthesis those days Oliver T was the world's second largest office furniture manufacturer and I told them that I would come to Italy and see if I can buy their products for India and represent them in India I had no knowledge 200 square feet office Edna Quincy Road and rest is history I soon started representing not only Oliver resynthesis in 96 but I picked up at least 27 Italian companies representing residential furniture glass pieces glass furniture hardware's each of these companies have now come into India 20 years later and have a showroom or a dealer or a preservative I got them into India 20 years back Wow more than four years have you heard of this millennial word called hustler yeah you know what it means yeah it means someone who works hard consistently like you finish your one you finish one way task and you move on to people like us there's no choice right yeah we don't have an option you don't have a fallback plan there's no plan B when people have a plan B they tend to kind of relax down okay any other a occurring in a hurricane happy so one thing I really want to ask you is that something that stands out about you is like your energy you've got to go at a energy especially for like I see a lot of other 48 year olds they can't match this energy level so do you ever get tired of business uh-huh I would be lying if I say don't get tired of things that I do I do get tired especially because now responsibilities have been having in different directions six business verticals the energies kind of gets sapped because you're not having the right people in front of you you're forever crying to get the right people that's one of the main challenges and people at your wavelength very difficult to get that's your biggest challenge right now people is the biggest challenge so so one thing I really want to ask you is that not as a businessman but just as a man as the regular guy what's your biggest challenge in life right now forget the business any entrepreneur the biggest challenge is finance finance and finance any first-generation entrepreneur yeah because if you're trying to expand and grow all the time you need some money you need you need funding all the times you crying for money 24 hours a day all your content life because because you're trying to expand factories manufacturing you need money trading you need money stocks warehousing you need money so you you you into businesses which are which are capital intensive you are going to require shitloads of funding here and does the shitloads of funding bring tension as well in the human level but tension is I think your ability to be able to bear stress is what differentiates boys from men it's not nothing to do with the age nothing to do it's an attitude yeah you mean stress doesn't feel like stress because you already geared up for it so it's like a runner is running a race he doesn't get tired because he's trained for it yeah so businessman and entrepreneur needs to Train himself to be able to absorb that stress score it it should not really penetrate deep inside you need to be able to handle that stress but if you can there's nobody shoulders to cry on exactly and even if you crown somebody shoulders it's gonna backfire yeah it's not going to really really bring you any relief yeah nobody gonna suit you yeah so but that also be your biggest piece of advice for a young one absolutely that there is gonna be stress going so Rob stop whining and crying because nobody's read out to listen to you nobody cares about your problems they have larger problems to face learn to kind of raise your bar to accept stress so that the stress isn't feel like stress having said that I too get stressed a lot of times and on a personal note I think and going to a temple going to a negeri helps you so there is that's the fallback one go you're really can somebody should look go there and cry here because that that helps you to get your get your balances correct yeah get your not Direction again correct yeah and and right enough God God is there to support you with at every single possible stage in my life I would have stumbled and finished off long back yes every point in life even today I am where I am I am Who I am thanks to the support that he sends me yes he sends me an angel in some form of the other yes so you know we see a lot of young kids nowadays who kind of think it's cool to be atheist and it's cool to be non spiritual what do you have to say to them dude you need somebody to fall back on - it's very cool but when you need somebody to fall back on - who do you go to it's that belief in God and that that's support from up there that comes to you and it comes in different forms and different versions do you feel that spirituality is a big factor in business or huge huge huge and do you have God at the back of your head when you're making key business decisions every time and I I think I think for me sq comes before IQ spiritual quotient is super important the and the world is awakening to it so when employees are being interviewed they are not being interviewed for their IQ and they they're being interviewed lot more on their SQ levels so spiritual quotient is super important in a human you you head in a right direction the human is good because he spiritual so obviously you've been doing business for so long what are your three biggest mistakes that you've done business quickest realistic it could be with people finances whatever I think I trust people quite easily it works both ways it's a two inside it's what it helps you to build relationships and it also teaches you lessons in life which are better ones which you should have not trusted the person right in the go first go so that's one second mistake is yeah I constantly expand and which puts in loads of stress to me the organization the family employs it puts everybody in under stress now your personal life is compromised and you are not to really enjoy your life the way you would have enjoyed otherwise yeah so it it's a lesson learned that you don't you'll be over ambitious but in doing so you're gonna bring off everybody else as well yes so that's that the second point your ambitions definitely have a price the third point I feel at times you need to learn the art of delegation very early in life God you need to micromanage but you also need to delegate and again it's a it's a tough call yeah it's only only by experience that you learn to delegate fall flat on your face and Learn not to delegate yeah and it's only by experience you do everything yourself and say you will never be able to grow if you don't delegate so it's a it's a it's a balance you need to find so but one more thing I want to ask you again on a human level what is your motivation with business like I understand the business motivations okay so on a human level let me tell you the biggest motivation is right now if you got about 2,000 employees across businesses employing and improving the lives of 2,000 families out of my 2,000 people 615 never belong to this industry they've been there been local villagers who've been hired who been trained who being given the skill set so that's one very big thing for me giving back to the country and giving back to the community is something that I've been working on one of the most gratifying things that we're doing today we adopted two schools you know we are not really going as for the academics academic knowledge is there we are making sure that each of these children turning out will be kick-ass will be able to be multi skilled multilingual groomed and they'll be ready it will be a pleasure for anybody to employ these kids in their organization because they'll be exposed to a lot more yeah then you can ever expect even an IB school child to be yeah so my kids have gone to an Ivy School believe you mean these kids will kick their ass no to it so if you have to pass on one human value to your kids only one what will it be give back to gratitude see gratitude cannot be just just expressed without giving back so real no and I thank you needed action give back because if you only when you give back you have that you have that sense of achievement and when you give back to the society we give back people you give back to your community but give back to your country in the satisfaction and the gratification you know own eyes it's not in the eyes of the world yeah it's in your own eyes so when you die tomorrow if I were to die I have a certain sense of satisfaction about what I've done in my years of living yes go to my school and see those hundred and twenty kids be damned it's worth it yeah you look at your employees and their lives have been touched and now they've got married and they've got children and they have their they having we are on a bike they were still yesterday walking or somebody was on a bike is a nut car do you feel a sense of satisfaction yeah you teach people design you teach people business you teach people ethics there's a sense of satisfaction okay any now is the interview sir thank you so much my pleasure yeah I learned a lot do you bring this end to be obviously I'm gonna link so has handles in the description I'm gonna link anyplace you want to follow so go check out the handles anyway I can do one more thing for you yes so anybody watching this interview and has any questions yeah they can shoot all the questions on my handles or yours and I'll make sure every end ever the replies will come and they'll come straight from me okay cool so I think people are gonna just drop a lot of comments under this video any questions feel free comments are most welcome it keeps me going sounds good from one hustler to all the other hustlers just guys see you guys

Channel: BeerBiceps

Views: 544,000

Keywords: beerbiceps, ranveer allahbadia, motivational, inspiration, inspirational stories, success story, jimmy mistry, jimmy mistry della, jimmy mistry architect, indian entrepreneur, business story, indian businessman, the ranveer show, self made millionaire, self made millionaire in india, college failure to success stories, motivation, indian entrepreneur interview, career, career success, career story, indian businessman interview, della, trs, the ranveer show clips, jimmy mistry house

Id: SoM4v7b2OLY

Length: 16min 0sec (960 seconds)

Published: Fri May 17 2019