Meet man who was forced to leave study, used to earn Rs 1500 per month, now owns 400 cars with...
He started working with a retail store as an attendant with a Rs 1500 monthly salary.
Despite having a poor financial background, many people became successful with their business ideas. They even had to leave their study and work on a low income. However, with their courage and passion, they constantly worked on their ideas and became successful. One such person is Ashfaque Chunawala, who used to work in a retail store on a Rs 1500 per month salary. Today, he owns 400 cabs with an annual turnover of Rs 36 crore, as per a TOI report.
The 37-year-old had to leave their study after Class 10 to support his family. He then started working with a retail store as an attendant in 2004 with a Rs 1500 monthly salary. He switched many jobs for many years to earn well. He also invested in several things but lost the money. His luck changed in 2013 when he saw an advertisement of a newly launched ride-hailing app. He immediately understood that he could make a profit in this work.
Ashfaque joined the platform as a part-time driver, and secured a cheap and small car through the company’s special programme. He initially managed both jobs -- working at a retail store and part-time driver.
After his earnings grew, he made Rs 35,000 from the store and Rs 15,000 a month as a driver. His sister also helped him to buy another car. Ashfaque later applied for a bank of Rs 10 lakh to buy three more cars to expand his business. The man now owns 400 cars and wants 100 more cars to expand his fleet to 500.