In 2017, Prafull Billore founded MBA Chaiwala with the goal of becoming a “big businessman.” But in spite of his lack of enthusiasm for tea, he managed to create a lucrative Rs 4 crore company.
Praful Pillor is not a particularly gourmet. But he also made a name for himself in the tea industry by starting ‘MBA Chaiwala’.
“To make a lot of money. to have a comfortable life. I have wanted this since I was a young child. My parents believed that I could live comfortably and earn a nice wage if I finished my MBA. However, what they believed did not occur. Three times, I took the CAT admission exam. No matter how hard I tried, I failed the exam,” adds Praful.
Praful is a native of the Madhya Pradeshi village of Dhar. He has been an MBA student at Ahmedabad University from 2017.
Reading books is what interests him more than learning. He was especially drawn to quotations from influential businesspeople. have motivated He began his MBA five years ago, and since then, he has grown into an entrepreneur who has created a multimillion dollar business. His business, ‘MBA Chaiwala’ (MBA Chaiwala), has 50 locations around India and generates an annual revenue of Rs 4 crore.
Not only have his parents expressed disapproval, but so have others close to him who initiated his business endeavor. He tells the history of how the company overcome these criticisms and expanded to become what it is today.
There is unquestionably a way if there is a mind.
Praful enjoys socializing and engaging with new people. This is going to open your eyes. According to him, the globe will grow. He traveled with all of his savings in 2016. Anywhere he could, he went. He made a lot of friends.
The parent is the only one under pressure. must be a full-time college student. to finish the course. They said that I won’t find a good job till then.
incapable of handling the circumstances. Couldn’t resist the parental pressure. With no other choice, he enrolled in the Ahmedabad college.
I became a student at the college. I made the decision to investigate the working environment at the same time. enrolled in McDonald’s. Pay is meager. I had a question pop into my head at that exact moment. Perhaps you can get a job with a similar low income if you have an MBA? I gave it some thinking. That raised the following query. If so, how will my goal of attaining greatness in life be realized? I looked for a solution to this,” he declares.
After earning an MBA, some persons might have more senior roles and greater incomes. However, he reasoned that not everyone would experience such fortunate. This thought caused him to give up on his studies in the middle. In Ahmedabad, he began vending tea from a cart along the SG Highway.
In India, tea is the most popular beverage. I have no idea how to prepare tea. However, I discovered that needs are universal. didn’t look at alternative options. since it requires a minimum investment of one lakh rupees. With just Rs 8,000, I launched a roadside tea shop,” he claims.
“No career is wrong,” asserts Praful, who claims that MBA stands for Mr. Pillor Ahmedabad. “There is a path if there is a mind,” he declares.
His parents disapproved of the choice he had made. They felt enraged. However, relative harassment is not the same. However, Praful dismissed these as unimportant. He was thinking exclusively about how to grow the company.
The one thing that the locals could not stop wondering about was whether someone spoke English while serving tea. He progressively became more and more memorable. He’s never made tea before. He claims to have made a mess at first when adding too much sugar in the past. He eventually mastered making tea.
“Today I am focused on expanding my business rather than making tea,” he explains.
Praful had several ideas about how to draw clients when he was a pushcart tea vendor. organized sports, such as ludo and cricket. His port was white. People can use this to compose notes to their loved ones. He always surprises the patrons with something new each time they visit.
Growth
MBA Chaiwala began to expand. Following two years of employment at SG Highways Outlet, he opened a franchise cafe in Bhopal. Since its founding on a cart, MBA Chaiwala has expanded to over 50 eateries.
Praful claims that the tea industry in India will always remain strong, pointing to upscale tea establishments like Chaayos and Chai Point.
MBA Chaiwala wants to help those who would want to spend between forty and fifty rupees sipping tea in a cozy cafe.
“I am the sole proprietor of this firm. Growing a company to the magnitude of well-known brands comes with several limitations. For a firm like mine that operates out of a tiny town, raising capital is something new,” he explains.
Based on market research, the Indian market is anticipated to expand at a 4.2% annual growth rate between 2022 and 2027, reaching 1.40 million tons.
A multimillionaire in every suburb
Praful founded the MBA Chaiwala Academy in addition to the tea company. He has a sizable following and is active on social media. This is the primary driver for brand development as well.
He declares, “My goal is to turn every small town into a millionaire.”
By the end of 2022, Saiwala intends to have 100 MBA locations open. Praful shares his life story and the Indian notion that parents should have faith in their offspring.
