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Insights:
1. Even though there’s a lot of scope in the manufacturing line, you have
to be cautious and organized before jumping into this venture.
2. “Narsee Monjee Institute of Management Studies” is a renowned
institution that opens up your horizons to a whole new world of
business. I can say this confidently since an umpteen number of people
I know have pursued their Master’s from here.
3. A chief attribute you should possess in order to remain content in this
field is a prodigious amount of focus and attention. It’s pretty crucial to
make sure you’re passionate about and dedicated to your work.
4. Since I’ve established my own business, I can bring my work and
personal life to a perfect balance.
Profile Details
Age – 44 years
Gender – Female
City – Mumbai
Industry – Manufacturing
I was born and raised in Mumbai. I’ve been residing in this city ever since.
Next, I established my own business called “Yugh Impex India Pvt Ltd”, a
manufacturing unit. Presently, I’m dealing with the administration part of the
business.
As for your Master’s, you’ll probably spend about 18 lakhs collectively. You’ll
also have to take into consideration the opportunity cost of leaving your job,
which will inevitably increase your expenditure.
When starting out, one can expect an annual turnover of 70 lakhs-1 crores,
with a margin of about 12%-15%, however, the initial investment is copious,
considering the commercial unit and machinery expenditures.
I deal with banking and finance, basically, administrating the entire office, its
entire working.
I spend about 4–5 hours at work and work from Monday- Friday. This
basically summarises the functions I carry out on a daily basis.
1. A principal benefit of working in this field is the fact that I’m able to bring
my work and personal life to a perfect equilibrium. This is because I’ve
established my own business. However, if you’re working for a
manufacturing unit, you ought to conform to their timings and schedules.
2. India is a growing economy, markets are expanding ceaselessly and the
domestic demand for different products are on the rise, hence you can
always explore different avenues and regions in order to accelerate the
growth of our business.
Since this is my own business, I have the liberty to do so. Thus, there’s a lot of
growth in this field, in my opinion.
A chief attribute one should possess in order to remain content in this field is a
prodigious amount of focus and attention. It’s pretty crucial to make sure
you’re passionate about and dedicated to your work. With dedication and
ambition comes success, consequently.
Also, it’s extremely important to make sure you’re organized. Your work can
seldom function smoothly if you’re not an organized person. Possessing this
trait will automatically make things a little elementary for yourself and this, in
turn, reflects in your work.
Don’t let your focus and dedication waver. It’s important to put in hard work for
your business to flourish and thrive.
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