A startup founder reflected on giving up ₹ 40 lakh annual salary 2.5 years ago and starting his own company. The 31-year-old founder based in Mumbai in a social media post sought advice on ₹ 6 crore business that provided him ₹ 1 lakh monthly salary.

The caption to the post states, “Need advice: I feel stuck in my start up.” Suggesting that the Profit After Tax (PAT) of his business is 3 to 4 percent, in a Reddit post he stated, “I started my company around 2.5 years ago. Left a job offer at 40lpa. The start up took off since it was in a slightly conventional space."

Acknowledging that the service based business reached a saturation level despite ₹ 50 crore target, he wrote, “Did a 5cr turnover after 6 months and the bug of scale bit us. We wanted to make it 50 crs. This is a ops

See Full Page