By: Tarun Prakash Srivastava, Sr. Executive Editor-ICN Group
If you are doing any business then earning at least 10% in shape of profit in the proportion of capital is essential. Otherwise, you are going on the path of loss in business.
Goal No. 4: Twenty years later – a big and comfortable home – requirement is about Rs 40 Lac :
Now let’s talk about Saksham’s fourth financial diagram. This fact is assured that when you are in a job, you earn in 2 + 2 method but there is a possibility of earning in business in 2 X 2 method, and if you have understood the principles of success and the principles of personality development and apply these principles in your ethical and pure business, no goal of the world will be impossible for you.
Twenty years later, Saksham can easily get a big and comfortable home for himself. My advice is that Saksham should do business in the field in which he has gained experience while working in fifteen years because that experience and the previously formed relationship can provide initial speed to his new business.
Let’s try to understand the map of the attainment of the fourth financial goal of Saksham:
FOURTH FINANCIAL GOAL OF SAKSHAM
| Possibility of income from Sixteenth year to Twentieth years for Saksham | |||
| Capital invested in business | Rs. 30,00,000/- | ||
| Left amount | Rs. 14,49,628/- | ||
| Annual saving | Interest earned | Total saving | Immovable property |
| Sixteenth year | |||
| Purchased a plot of land/made other appropriated investment | Rs. 14,49,628/- | ||
| Possibility of profit @15% of the amount invested into business per year | Rs. 4,50,000/- | ||
| Total amount | Rs. 34,50,000/- | ||
| Seventeenth year | |||
| Capital invested into business | Rs. 34,50,000/- | ||
| Possibility of profit @15% of the amount invested into business per year | Rs. 5,17,500/- | ||
| Total amount | Rs. 39,67,500/- | ||
| Eighteenth year | |||
| Capital invested into business | Rs. 39,67,500/- | ||
| Possibility of profit @15% of the amount invested into business per year | Rs. 5,95,125/- | ||
| Total amount | Rs. 45,62,625/- | ||
| Nineteenth year | |||
| Capital invested into business | Rs. 45,62,625/- | ||
| Possibility of profit @15% of the amount invested into business per year | Rs. 6,84,394/- | ||
| Total amount | Rs. 52,47,019/- | ||
| Twentieth year | |||
| Capital invested into business | Rs. 52,47,019/- | ||
| Possibility of profit @15% of the amount invested into business per year | Rs. 7,87,053/- | ||
| Total amount | Rs. 60,34,072/- | ||
| Sale of plot of land with 100 % growth/100% profit earned in appropriated investments already made | Rs. 28,99,256/- | ||
| Total amount | Rs. 89,33,328/- | ||
| Fourth Goal. (Rs. 40 lack for a big and comfortable house) | |||
| Total Earned assets | Rs. 89,33,328/- | ||
| Own business (Rs. 30 lack) | Rs. 70,00,000/- | ||
| Own big house Rs. 40 Lac ) | |||
| Success rate | 127.61 % | ||
On the fourth stage of this financial picture, the principles of money empowerment are also seen working.
If you are doing any business then earning at least 10% in shape of profit in the proportion of capital is essential. Otherwise, you are going on the path of loss in business. Because Sakshan is doing business in the area in which he has experience of the past fifteen years of service and has good relations already in the respective regions, therefore, in my view, 15% annual profit level of his capital as reasonable level should be accepted and studying its business in twenty years according to this level will be interesting.
Sixteenth year
In the 16th year, after investing in the business of Rs. 30,00,000 / -, the balance amount of Rs. 14,49,628/- only is still left with Saksham and Saksham should spend this amount on purchase of a plot of land or any other suitable beneficiary investment to gain profit at a higher rate in the future. At the end of the 16th year, the profit of Rs. 4,50,000/- at the rate of 15% shall be available to Saksham, and in this way, at the end of the sixteenth year, his total capital will be Rs. 34,50,000 / – only.
Seventeenth year
At the end of the 16th year, an amount of Rs. 5,17,500/- only shall be available to Saksham on his capital Rs. 34,50,000/- only invested in his business and thus, his capital will be Rs. 39,67,500/-.
Eighteenth year
At the end of the 17th year, an amount of Rs. 5,95,125/- only shall be available to Saksham on his capital Rs. 39,67,500/- only invested in his business and thus, his capital will be Rs. 45,62,625 /- only.
Nineteenth year
At the end of the 18th year, an amount of Rs. 6,84,394/- only shall be available to Saksham on his capital Rs. 45,62,625 /- only invested in his business and thus, his capital will be Rs. 52,47,019/- only.
Twentieth year
At the end of the 19th year, an amount of Rs. 7,87,053 /- only shall be available to Saksham on his capital Rs. 52,47,019 /- only invested in his business and thus, his capital will be Rs. 60,34,072 / -only. Saksham may sell his plot of land or earns the profit on other appropriated investment already made by him in the sixteenth year with 100% growth; he shall have another amount of Rs. 28,99,256 / – and his total capital will be of Rs. 89,33,328/-.
Now his fourth economic goal, i.e., a large and comfortable house, can be turned into reality easily by spending Rs 40,00,000/- and after the amount of Rs 30,00,000/ – in the business, he has still a sum of Rs. 19,33,328 / – only. He has achieved 127.61 % of his target.
Tarun Prakash Srivastava
From my book ‘Science of Money’ available on Amazon.com in English at http://bit.ly/Science-Of-Money and in Hindi at http://bit.ly
