He tried to start a poultry farm after completing his degree but was unsuccessful...
Digital Desk: Labour never goes in vain,' you must hear this famous dictum. But, the man on whom the rags-to-riches story is based, is the perfect example.
A young child who was born, raised, and educated in a remote village and who experienced early life struggles, now built an empire worth more than Rs 25 crore. And the person is none other than Nitin Godse. Godse, an Indian businessman, and currently serving as a managing director of Excel Gas and Equipments.
Here is the inspiring story of his success:
Nitin Godse hails from Akole, a small village in the Ahmednagar district of Maharashtra. His father was a salesperson in a nearby shop, earning Rs 400 a month. The monthly wages of his father are not sufficient for his needs.
So, he began working odd jobs at a young age to help his father and the family financially. When he was in class 6th, he worked on a nearby farm, cut rocks, dug wells, and make Rs 40 daily.
He tried to start a poultry farm after completing his degree but was unsuccessful. Then he completed a B.Sc. (Honors). He worked as a supervisor at Orkay Industries after graduation, and later at Technova Imaging System.
Godse saw right once that getting an MBA would improve his employment prospects. He so used his money to pay for his studies at the Institute of Business Management and Administration in Pune. In 1995, shortly after getting his MBA, Godse started working for an agro-based company that sold packaged vegetables.
Sadly, the company went out of business and he lost his job. In 1996, a broker who had invested in a company with a similar focus made him an offer. Nitin delivered vegetables all day long. Godse became depressed when his boss declined to give him a promotion after six months. As a result, his life had completely changed.
After two months, Nitin Godse started working for Span Gas as a manager. The company catered to domestic consumers of gasoline. During his time at Span Gas, the company's revenue climbed from Rs 2 lakh to Rs 20 lakh.
Godse eventually launched his own company. In order to launch Excel Engineering in 1999, he took a Rs 10,000 loan from his father. After receiving his first significant order in 2000, he never looked back.
Orders from all around the nation began to come in for his company. His company today has hundreds of employees, compared to only three in 2000.
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