My single biggest lesson from trainer industry. A thread ๐งต:
In 2013, I met a broking veteran - one the of the biggest names in the industry, with Sensibull 1.0. The idea of course was to make people trade responsibly, try to grow wealth steadily, not take bad risks etc
(1/n)
In 2013, I met a broking veteran - one the of the biggest names in the industry, with Sensibull 1.0. The idea of course was to make people trade responsibly, try to grow wealth steadily, not take bad risks etc
(1/n)
He was a super nice guy. Empathetically listened to the me, gave meaningful inputs, and finally gave me a word of warning: "Beta this won't work. You are telling trade responsibly, make 30% a year, etc. But people don't enter market to do that. Everyone wants to be Ambani."
(2/n)
(2/n)
He continued, "There are others who will sell double up triple up 10x dreams, you will not be able to compete against the fake greed sellers"
So in all my naivete I asked him, "But they have to think of clients, right? If everyone busts out, they won't have clients"
(3/n)
So in all my naivete I asked him, "But they have to think of clients, right? If everyone busts out, they won't have clients"
(3/n)
To which he gave me the reply that I consider the biggest learning I have about this industry.
He said, "100 Crore people in this country. Crores of people are waiting in line to be Ch***ya. 100 chale jaayenge, 1000 aur mil jaayenge"
Fin.
He said, "100 Crore people in this country. Crores of people are waiting in line to be Ch***ya. 100 chale jaayenge, 1000 aur mil jaayenge"
Fin.
PS: At nearly a million plus users, we now realise that the way to go was building long term trust, and doing the right thing. The initial growth was difficult, in 2018, but our users stuck around, renewed every year, didnโt bust out, and got us where we are now
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