Satish was shocked. He thought Mahesh was either teasing him or didn’t wanted to reveal his secret. Recently Mahesh got the Business Person of the year award as first generation entrepreneur of one of the fastest growing company in India. Satish wondered how Mahesh had achieved it without any business background while he himself was struggling to grow his business coming from a business family that gave a head start with a running business. Curious to know he asked Mahesh the secret of his success. “Foreign trip with family” was the reply.
Today the childhood friends had met accidently, at a function of one common friend. Satish couldn’t believe what he just heard. Looking at his blank face, Mahesh said, let’s step out for a coffee and I will tell you everything.
Once settled at Starbucks Mahesh stared sharing his story. For initial five years my business was like any other business and I struggled to grow. I was barely meeting both ends as I could manage to get just about enough money that was always falling short of growing family needs. I became extremely busy as I had to look after almost all aspects of business operations and had no time left for the family. The same situation continued year after year and it started taking toll on not just my health but also on family relationships.
It was my uncle who became the saviour. Having heard about my struggle one day he came to see me and after asking lot of questions about how I was running my business he asked me to take a break and go for a family trip abroad. My state wasn’t different than yours when I heard this. I was barely able to manage enough money so thinking of even spending few lakhs on a foreign trip sent shock waves through my spine. Moreover forget about two weeks, there was no way my business would have sustained me being even for few days. He however insisted, almost forced me into it and pursued till I announced it at my house.
All along since I started my business, me, my wife and kids were just living in one house, rarely having moments of fun and joy. I was always engrossed in my business and off late as I became lot irritated, they started avoiding me, making regular healthy interactions almost impossible. So when I announced it at first my family couldn’t believe. They thought I was kidding but once they knew I was serious & that too was firm to travel overseas, all of a sudden the mood changed completely.
It was a memorable trip. I saw everyone full of energy, so many different ideas emerged while selecting the destination. I was worried about the cost as ideas of different destinations & travel agents offerings started pouring in. But I never thought my family understood my situation so well that I was taken aback when my wife and kids declared we will go on our own and they will plan it out. I was surprised to see the creative ideas form my daughter & son and underestimated their qualities as both of them managed to gather all information from internet & did meticulous planning fitting within limited budget I had.
Looking back I know how this one incident changed my life. I realised it was the bold & big decision that changed everything. The family got united, got tremendous energy, lot of ideas came in but at the same time everyone was cost conscious. Not only the trip was memorable but everyone started looking forward to the next trip and by then I too had decided that every year we will have family outing to different destination across the world. What followed subsequently is now a history, I grew my business 10 times with multiple factories within India & overseas. Mahesh stopped his story.
Satish wasn’t clear yet. What Mahesh told him was about his foreign trip with family. What It had to do with business growth, he asked.
Smilingly Mahesh said well I just applied the same principles to my business. By the time I returned back from the trip I realised it was me, my mind set, my thinking that was becoming bottleneck in my own growth. I realised it was me who had not seen a big dream, had failed to create a big picture of my business for my employees. I realised that I had not empowered my managers. Neither allowed them to present their ideas nor trusted their ability to take independent decisions and manage the business.
The first thing I did was to announce “10X”. What is 10X exclaimed Satish. It was my strong intent and commitment to grow my business 10 times within a shortest possible timeframe. It made a huge difference;
Satish got the answer, while Family foreign trip was the turning point, a point of realization, the real secret was having a big dream, creating right strategies and relentless pursuit effective execution- the “10X”Mantra. He realised If he has to catch-up fast & exponentially grow his business “10X growth” was the answer.
Seema was surprised to see her husband Satish entering home whistling with a smile on his face. It was quite some time she had seen Satish in such a cheerful mood.