How Did This Indian Couple become Rich? | The 1% Club Show | Ep 5
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- čas přidán 27. 06. 2024
- 1% Club CZcams : / @onepercentclub12
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Will a job offer get you married in India? Do hectic schedules affect personal relationships? Let’s find out as we deep dive into this power couple's story to success! Meet Swastik Nigam & his wife Akshata Nigam. Now settled in Mumbai, India, our guest today talk about their journey from being an engineering grad to studying in IIM A and securing a high paying Investment Banking Job!
With over 10 Years of experience in Investment Banking, he later took an interest in Entrepreneurship and moved back to India. He is the founder of Winvesta, while his wife founded SafeQu. The couple navigates and discusses their income journey with us in this video, and about their shift from high paying jobs in Finance to Entrepreneurship.
Finally, we also discuss their personal relationship, where they share how they managed to create a meaningful relationship while hustling with hectic work schedules and very recently while managing their own companies.
Swastik Nigam : www.linkedin.com/in/swastikni...
Akshata Nigam : / akshata-n-65427a30
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Time Stamps:
(0:00) : Highlights
(0:32) : Swastik's luxury home rent
(1:13) : Swastik's journey to IIM A
(3:13) : Summer internship in Deutsche Bank
(4:10) : PPO salary of 1 Crore at 24 in London
(4:57) : How they met and fell in love?
(5:45) : Return to India
(6:30) : Building Winvesta & SafeQu
(7:22) : How much was the couple earning in London?
(8:25) : Beginning days of business during COVID
(9:22) : The couple's startup business
(10:30) : Managing personal and professional life
(11:10) : Are they financially independent now?
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Sharan Hegde is a personal finance expert who has been featured in Forbes, Economic Times, Mint, Times of India and many more. He is the Founder of The 1% Club, India's biggest finance community which helps people achieve financial independence.
Instagram: / financewithsharan
Facebook: / financewithsharan
LinkedIn: / sharanhegde
Twitter: / financewsharan
So he was basically born in an upper middle class family and he already got a high paying job right from the start. He was pumping money back to India with an aim to settle down soon and start a venture in India. A pretty straight forward graph.
Yes. They were already in 1% club😂
You're right, everyone is like that, no one is a rags to riches story. Rags to riches story was made up back in the day, just to fool people. Money attracts money, that's it. If you check each and everyone's background, they come from a very highly comfortable background who just are bored and want to do something else to earn money.
Him saying that he made his first 1Cr and Sharan asking her about her life. And then her telling that she met the guy right after he made 1 Cr because it was love at first sight.
Perfect. 😂
Gold digger 😂
Hahaha 😂😂😂
Love at first Sight, Divorce at First Fight !!
Love at first sight 😂
I am from IIM, I know how matches are made. Girls will immediately latch on to the guys as soon as they get Management Consulting, Inestment banking internship in 1st semester no matter what the guy looks like. And to increase their chances they will be behind multiple guys.
These chomu guys who never been in a relationship earlier think that these gold diggers are the love of their life.
Bravo to the woman for skillfully avoiding 2/3 questions. Question 1: What were you doing before or around Financial crisis? I got married. Question was about the work. Question 2: What were you making around 2016? The family household income is what my husband is making. Overall, it's no one's business what one is making, but she definitely is nervous about saying true scenario on camera
Yes, even I felt that. Also went on to saying she was set in her career with her own consulting firm consulting unilever!!
Honestly, It was the money this guy had at that time. She is just lying abt love at first sight
@@lmaolol5053 you shouldn't have told the truth🤣
Shut up dude! It was love at first sight for her. You have no respect for love. Like where do you find women who fall in love at first sight with just 1 crore earning guy. Their daughter is the testimony of their love!!!
🤣@@Choudharykachaand
Having name Swastik in a German bank must have been fun. 😅
😂😂
Intellectual thought
😂😂😂
bwahahahaha
💀💀
Well, she admitted it was love at first site because Sharan asked the question at a very compromising timing for her😂😂
The conversation just before this question was about how he had a crore package in 2008😅
You nailed it 😂
we do need more of these podcasts sharan
thank you for sharing such wonderful information helped me a lot
Me watching with 1% income of the guests
Me too. Even sharan also(maybe)
So we all are in 1% Club already 😂
You could take his story as an inspiration and start working hard and smart
3 lakhs 🤔???
Club 1% 🥂
He described financial independence beautifully! ❤️
Building company in india is way cheaper than in US or UK.
Its not about love for india, its only the savings can be done in India.
Exactly my thoughts... Do something for India what a bullshit dialogue
Informative, insightful, motivating..... Feeling inspired after watching this.. 😌
Excellent interview, great insights and inspirtion drawn from their path to entreprenuership.
Graceful couple..Best wishes to this beautiful couple
Don't call yourself middle class if both your parents are earning in a professional job and that too Professor, if you call yourself middle class then everyone who's earning less than 50k today is poor only
They are. Earning less than 50 k monthly in a family of 2-3 is poor class.
@@joshua397you think professors earn less than 50k? And they aren't middle class, they are upper middle class
@@bloodfalln2252 No. He wrote everybody earning less than 50k is poor. To which I wrote, yes they are.
@@joshua397 oh sorry my bad brother
Professors are surely middle class only . There are lot of middle class family who earn lakhs in month working in Govt job or good job in IT . They are still middle class only .
What an exceptional video presentation! - "Success is an ongoing voyage of personal growth.."
And their ventures were gud to know about briefly.
This was great and insightful.
People in my company are drawing 1.5-2 cr in india as a Director so 3-5 in UK is not overrated....infact contractual IT jobs in Europe pays more than avg Director would earn sometimes 6-8 cr a year.
This stat is in 2018 investment banking directors in UK in 2023 make around 11.2-11.5cr
But what you learned from their story earns in cr or you're poor 😅😅
How do you get those jobs ?
I think they forgot to mention the income tax that they might be paying in UK, it is around 40-50% of ones income. It might be also one of the reason to migrate to India.
these rich people should get the idea of what a middle class family is. If both his parents were professors, he was already affluent.
We were poor... Professor is still middle class not rich.
Just watched a video where SEBI will require "Finfluencers" so be registered with SEBI + have ost graduate degree + minimum 5 years of relevant experience in order to be allowed to legally offer financial advise. Have you heard of this and what are your thoughts on this ? Please do make. Video on this.
Freedom to do what you want to do with your time is financial independence--point taken.
Sharan u made the video quick and effective THATS WHY WE FOLLOW FWS :)
Would never know stories of such rich Indian people without YT and Sharan
Money is not meant to control people, rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place.
Even with the current dip in the market I'm still glad I can smile back at my portfolio of $12,500 built from my weekly trade.
I invested with Benson Frank, i make about a 30,000USD every month.
First profit grew rapidly and that has made me invest without the fear of losing, I got four of my friends that I introduce to him and they are making profits just like me..
Expert Benson Frank never seems to surprise me 😄 i also trade with him, his strategies are top notch and i don't joke with him.
Take it from one who has it and buy a house in Missouri and dream Wrangler with forex trade profits. I started with Mr Benson Frank of financial education and he has been my handler and guider for the past years.
This was helpful mostly Identifying the inflation gap and valuation for today's generation.
Loved the tone and the content of the video!
Love at first sight on the offer letter😂😂😂
Sharan let them talk about their life, dont interrupt them while they speak. U were breaking the train of thought
Great to see Kumar Varun collabing!
Love at first sight 😂
I am from IIM, I know how matches are made. Girls will immediately latch on to the guys as soon as they get Management Consulting, Inestment banking internship in 1st semester no matter what the guy looks like. And to increase their chances they will be behind multiple guys.
These chomu guys who never been in a relationship earlier think that these gold diggers are the love of their life.
This was a very interesting interview!
It’s great to think that they left their 3-5 cr job, but they didn’t actually take into account the parity rate of UK comparative to India. So the amount equivalent of 3 crore conversion from pound would be around 1 cr spending power in India. Still, no doubt that it was a large amount to leave. Kudos
More like 80L
Everything is nice.. but I don't like these shit talk that they wanted to do something for India so they came back. Why can't people say truth. Paise kamane the tb dusri country dikha and startup krna tha to India aae coz wha krne me L lg jati..
I love how this guys directly asks the questions !! Love it Sharan ! 😛
Good one!. Byw can u make a video on Credit default Swaps. Whats ur opinion on investing them now as US is expected to enter recession post elections
Bro interview questions are logical ❤
Starting early is the best way of getting ahead to build wealth, investing remains a priority. I learnt from my last year's experience, i am able to build a suitable life because I invested early ahead this time...
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
Sharad asking love question right after package. best part. hehe
2010 I passed out of my btech mechanical engineering….
😮wow.... want many more videos
Hey Sharan, what's your opinion on Sebi's action on Finfluencers?
Great question u asked
And the owner of that building sitting somewhere and laughing 😂😂.
Sharan, you should create podcasts more frequently like this.
Great interview!!
That's so cool!
Nice interview, sharan resembles actor Karthik in his younger days
Every rich discussed in video says " i grew up in a middle class" ...
How does one see Winvesta compete with international payment transfers using blockchain technology? As more and more countries and banks adopt the blockchain technology, will those not make international transactions much smoother and low cost?
Sharan forgot to smile the whole interview
5:08 Instant connection.. Lawda. It was money connection lol
😂
😂
Nice interviewing Man...,
Thank you
Your content is awesome bhai
I have a question. What is the best way to invest in silver. Should we buy physical or invest in silver mutual fund.
Please answer 😊
10 years in Bank and his salary 1cr for one year we can imagine how much amount he earned with in these years
MBA from good college can change ur life
Interesting part is - he said, he didn’t have any social circle when they came back to India, but then - he must be having contacts, otherwise - how would you build and run a financial start up….. I think - that should be covered … otherwise, he was always doing well right from his college… nothing to learn except study hard and you will get everything.
Sharan, can you make podcast on dark reality of Indian real estate?
Great interview but a lot of interrupting questions. Apologies if I am wrong.
why are your interviews cut short?
0:28 i believe that
Now we know it's a love at first sight😂
#entrepreneurship is a key of success
Basically an ad for Winvesta :D
Awesome one. you could have spend more time...
Sharan pls help me , I passed CA in 2002 worked in banking industry and Mnc till 2009 thereafter left my jobs to look after family as I was already mother of w kids from 2009 till date I have taken various teaching assignments to look after both kids plus have satisfaction of doing something but now I want to return to my C A work , how do I go about it ??
Apply for MNCs
Sharan..
I might point out..
Sometimes the questions are too intrusive ..
Most smart rich people never reveal their assets .. most ..
Who is this couple? Very successful couple, Please do detailed interview.
Me watching with $120k salary (1 cr)..still feel jealous..
1 crore salary but driving a seltos?
@@lpniranjankumarhaha.. good to know that u have done some research on my profile..i am a NRI.. and yeah thats a gift for my parents... its GT line worth 22 lakhs ... Having said that, big minds invest on properties which have great returns.. not on something which has depreciation. Instead of buying a merc worth 60 lakhs.. investing it in an immovable asset is suggested.
Btw, my fav car is bmw ix.. i would defintely buy it once i reach my financial goals.. it should be within 4 years hopefully. i am aiming for a passive income of 10 lakhs/ month which is my penultimate goal.
So why i am after money... because i want to provide my family a great life. I make donations and i am proud to share that i financially adopted an orphan in india .
@@adiporsh are you in Tech ?
Good session. There is one blunder in the salary timeline, for the first job, he was drawing 12k/month, but remaining it's per annum. Still it's a great difference, but saying to correct in future videos.
4:48 at 24 he got a one crore package.. And it was love at first sight for his wife
Love at first sight , sight for what ? Not that man 😅 sight for money 🤑
Sharan you are not sebi registered. Before giving any advise request you to register with sebi otherwise what you earn from CZcams is not right
he haven't drawn any salary for 10 months and still he can afford 30L rent, what an audacious
I like your instant calculation @2.25 for 30,000 now
We r proud of you beta
this guy looks like the guy who used to get bullied in the school but study to get ahead of his peers.
Bro , have you completed your registration initiated by SEBI?
🎉
These guys are damn cool
awesome
My brother in law earning 1.5cr ..after expenses ...,in Vizag ...running a hotel management college
Sir can you give a short video about investing about it and which platform need to invest some details related ro it
It would be more helpful for beginneers
Thank you sir
Avoid trading-Very difficult for traders to make money in the stock market because need to book loss if trade go wrong, long term Investment is very excellent because based on companies-fundamentals are more important in the long term
Who all r here in comment section , after hearing love at first sight
Sir iam 15 y old is there anything I can do for my future now
love at first sight .. sure sure..
£400k package in London is equivalent to earning ₹1crore package in India
And nearly Half of it would be lost to taxes.
Qualifies as upper middle class income at best in most urban metros
Me saving 1 percent of my income and seeing this
What I am hearing is … all people who started working from 2000-2010 .. they become millionaires lol by just working
… people who started working from 2015 … will never be a millionaire by just working
That’s the sad reality
Watched 3 videos at a stretch. This channel is definitively addictive. Got to be careful with my time.
The couple's love story is nice 👍
@@shrishri8898 😅😅
Well to this , I would say she was also earning the same income as he was earning. Pls re-watch the video, you would get to know about her income.
@@lalitabidika7248nope. There was no answer to that question. Not that it matters when people are in love.
Day 1: if I deposit 1000 rupees every month and then after 1 year then I will have 12000 in my account and if then I take out the 12000 rupees then how much money will I lose from taxes and interest I'm asking this because I wanna leave the tutions and my fees in 1000 so if I like save my money then how much will I get after 1 year
Love at first sight it seems.. 😂. Bank balance at first sight to be precise. 😅
Love at first sight... With dollar
5:00 love at first sight.. hey bhagwan dekh raha h na tu tere bande 😅
We should always work, doesn't matter how much money you have! - financial freedom is a trend which will fade away like other trends
❤
Pre tax 3-5 crores or post tax? Because UK has 40% tax rate
She said okay bcz of his pay scale 😂 anyhow this is pretty good content.
it was love at first sight bruh...💀💀
swastik nigam - finance with sharan
Make your country proud Swastik by empowering more youngsters.
India is the only country in the world with more than 700 million youngsters below the age of 30 !
This demographic dividend we can milk for the next 25-30 years only if we empower our youngsters in skill development & personal development.
Marketing & Innovation will be the 2 main drivers of this golden digital entrepreneurial age worldwide.
Ask Me How ?
🙏❤️🙏
#thebusinessofthe21stcentury