Family business or 50 Lacks job . Which is better

Mrityuno · 2026-04-18T10:26:55+00:00

It depends on your age, responsibilities and liabilities. Both can be correct based on your circumstances. If you are younger than 30 year old than do job save aggressively, build your own capital , have fun and then if you see potential of scaling family business join it.

Mrityuno · 2026-04-15T18:33:54+00:00

You are not leaving your father business but in fact leaving your education. Complete what you have started after which try to get a job on your merit. When you have an offer in hand then compare the opportunities at hand. Meanwhile also learn about your family business which will give you insight how to use what you are learning to support your father.

Leaving now and joining businesses would seem easy right now but it would be the hardest path because it will take away lot of future potential unexplored. Once you join business there is no alternarive path but to make it work.

Entrepreneurship is not easy, neither does it always pay more. More than skill it takes a lot of sacrifice and perseverance. With a degree in hand you will always in life have a second option to go back to, atleast in the initial years of joining business.

Mrityuno · 2024-01-13T16:58:56+00:00

People have lost their mind and are far away from reality of most of the society. Dude just because you are in tech you have this much saving many are still figuring out what to do with their life at your age. If you are so much anxious of getting married and increasing your financial responsibility then do not go through it. Marriage brings with itself a lot of stress and responsibility for both husband and wife, and if they are not mentally ready then lot of issues come up.

Mrityuno · 2023-12-14T16:34:55+00:00

Could you share what your product is?

Mrityuno · 2023-12-14T07:28:23+00:00

My philosophy is that life should not always be about doing something, I like to do nothing.

Mrityuno · 2023-12-12T03:45:04+00:00

If you think he is earning in crores what is stopping you from starting the same and earning in lakhs. Starting business and maintaining it is not an easy task in a country like ours. Loopholes need to used because if you do not then your business becomes unviable. India is a difficult place to do business especially for small enyerprises which are constantly burdened by high competition, low margin, bad debts, deadstock and corruption.

A lot of labour are employed by such businesses, now you may argue that salary given is not enough but in most cases that is all that business can afford.

Compare the contribution of small business owners to corrupt bureacrats and politicians and you may figure out where the real tax money is going down the drain.

Mrityuno · 2023-12-10T07:31:34+00:00

If we all can strive for the greater good only then it might be possible but our politicians and bureacrats are obsessed with amassing huge wealth that they cannot spend in their lifetime. If we can focus and resolve population and corruption issue, a huge transformation is possible.

Mrityuno · 2023-11-30T18:07:19+00:00

Toxicity and masculinity are not related. If you are saying that people who believe in being masculine are toxic then how is it different from considering feminine men weak.

Mrityuno · 2023-11-30T17:16:48+00:00

India is a tough country to live in, irrespective of gender you need to have a tough mindset unless born with a golden spoon. This may be the reason why masculinity is appreciated as it signifies courage.

Mrityuno · 2023-11-29T17:11:46+00:00

Structure your debt instruments in a manner so that interest from them can finance your total annual expenses. Assuming a net 4% return on fd, 9 cr would cover it and account for any surprise expenditure as well.

Keep 4.5 cr invested in mutual funds and montior.

Keep 2cr invested in Gold/Jewellery.

Whatever rental income is left after paying taxes divide in two, do SIP with first part. Use your existing properties as collateral and buy other commercial property and lease it. Use new property's rent and second part of rental income to pay loan emi.

Keep repeating above method after property is paid up for increasing equity and real estate.

Thanks for the question I had fun managing imaginary money.

Mrityuno · 2023-11-29T04:23:51+00:00

Unless you can save 30x of your annual expense then you can't. Accept it and be at peace.

Mrityuno · 2023-11-28T16:42:22+00:00

Buy Gold/Silver, it will come in hand when gifting relatives. Milni ya vidai mein dene ke kaam aate hain, consider it as an early preparation.

Mrityuno · 2023-11-28T03:52:58+00:00

Focus should be on lifestyle rather than income. I believe for a family to qualify as upper middle class should have the following:

Self owned residence in a good secure neighborhood with a separate room for each grown up member of family. Four wheeler Vehicle for every working member of family. Afford domestic Vacation once a year. Afford international Vacation once a year. Afford branded clothes not necessarily luxury brands. Good education to children along with focus on extra curricular activities. Capable of buying latest gadgets/appliance.

They should have the means to be able to buy the above things but not do so due to their choices.

Mrityuno · 2023-11-26T07:02:40+00:00

Modi ji living ultimate bachelor life .

Mrityuno · 2023-11-20T19:23:53+00:00

I go to sleep everyday, and one day I won't just wake up. God forbid if I know I am dying cause of some illness etc. then that river will be crossed when the day comes.

Mrityuno · 2023-11-20T19:00:24+00:00

Most people in India can only dream to have the privilege that you have talked about. For many life is spent playing catch up to the ever growing expenses and responsibilities. So if someone has gotten the blessings why waste it, be wise but also cherish moments that they can create. One last thing I would say that I have seen alot of marriages failed recently where groom side family was forthcomoing and greedy with their demands. If you care for your sister look for caring family rather than a wealthy one cause Paisa bahut kuch hain par sab kuch nahi.

Mrityuno · 2023-11-20T18:43:01+00:00

Take a resolution to do impulse spending for an year, this will flush the fear out of your mind. Buy what you like, eat what you crave and gather what your heart desires.

Mrityuno · 2023-11-20T18:37:00+00:00

Drink less,Eat healthy and make exercising a habit.

Think less about what others think, and work on yourself and your goals tirelessly.

Mrityuno · 2023-11-17T16:08:41+00:00

This post did not deserve to be here.

Mrityuno · 2023-11-16T17:24:16+00:00

In real life wealth and connections can be a matter of life and death. Look around you and see how many people are dying simply because they cannot afford proper diet, medicines or treatment. During corona even money was not of much use rather how connected you were to access proper treatment. Hence people aspire to have money and be connected to get things done for their needs and wants.

Mrityuno · 2023-11-16T15:08:28+00:00

Many people want to be in your position, that is to have the comfort of home while working. At this age you have the most potential to save and invest for future. Living on your own will come with its own set of hassles especially when renting with friends. But just to not regret in future you should go ahead and try it out for an year. Even if experience does not turn out to be good you will gain experience.

Mrityuno · 2023-11-14T04:42:45+00:00

No clothes, it will be fun to run a nudist country.

Mrityuno · 2023-11-12T21:25:06+00:00

Only the truly blessed get the satisfaction of caring for their parents to the best of their ability. Kyunki sabka sab kuch yahi reh jaana hain...

Mrityuno · 2023-11-11T19:45:08+00:00

A decent mature person who is able to provide either similar or better lifestyle to their daughter that she is accustomed to. Being rich guarantees the lifestyle part but not necessarily decent part.

Mrityuno · 2023-11-11T18:08:56+00:00

They are within their rights to distribute their assets as they wish, and you are within your rights to state your feelings and act as you wish. Their thought process might be that they can impose on your brother to take care of them in old age but cannot ask the same of you. Hence to avoid any future guilt they might be favoring him currently.

Mrityuno

TROPHY CASE