Notes PDF
Notes PDF
Notes PDF
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completing my project.
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I would also like to extend my gratitude to all other
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persons who have directly or indirectly helped me in
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Jinesh kothari
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INDEX
S.NO. PARTICULARS PAGE NO.
1. Introduction 1
2. Ramesh Babu 2
3. Early life & Struggle 3
4. Turning Point 4
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5. Starting his Business 5
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6. Breakthrough Idea 6
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7. rs e Start an Entrepreneurial Journey 7-8
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8. Taking Risk 9
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9. Biggest Challenges 10
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15. Summary 18
16. Conclusion 19
This study source was downloaded by 100000793607010 from CourseHero.com on 09-16-2021 11:52:57 GMT -05:00
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INTRODUCTION
The project is based on the study conducted on
Ramesh Babu:- Billionaire Barber. It aims at
understanding the Inspirational and Successful story of
An Successful Indian Entrepreneur who was a Barber
and is now a Billionaire.
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An attempt is made to study the entrepreneur’s
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Life History, Struggle, and Business and to gain some
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motivation to be a Successful Indian Entrepreneur.
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everyone.
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RAMESH BABU
Ramesh Babu,“Billionaire Barber”
was born up in a poor family in
Bangalore. His father was a barber
in Bangalore.
He was in the second standard and doing his
midterm exams, someone called him that his father has
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passed away he might a massive heart attack.
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His father left behind was a saloon business or
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rundown small Barber Shop on Bridged road, Bangalore.
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His father, P. Gopal, passed away when he was
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just seven years old. It was a tuff day for his mother who
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everything.
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With her husband no more, Ramesh Babu’s
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mother had to work as a cook to help feed her children.
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Since she couldn’t run the barber shop, she rented
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it out for Rs 5 a day. His father had left behind a saloon
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TURNING POINT
Sometime in the nineties, when he
was in my first PU, his mother
had a bitter fight with his uncle.
His uncle had simply stopped
paying them any money. He told mother that he should
take over the saloon and run it myself.
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She was adamant that he prioritize education,
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but he started working at the saloon too and learning
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the ropes of the business.
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In the mornings, he would be at the saloon and
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enormously successful car-rental business.
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In 2004, he got into the luxury car rental and self-
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drive business after the government opened up the
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tourism sector. Ramesh Tours and Travels hasn’t looked
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back since.
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in his cars. “He have had plenty of clients and thus, his
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BREAKTHROUGH IDEA
He wanted to do something,
so he planned to buy a car.
He also always dreamt of
owning a car and passionate
about fancy cars. In 1993, He bought a used Maruti Van
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(Omni) car from his little savings and own hard-earned
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money with the help of his uncle, calls him a Baba.
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To get a loan, his grandfather had to mortgage his
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family house to enable the car loan. He got a car loan
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first self-use.
The EMI was about 6,800 and he knew that as a
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