25 Minutes of Akshat Shrivastava Being RAW & REAL | Career Advice For Students, Money, Investing

TL;DR

Akshat Shrivastava shares his experiences and insights on building businesses, investing, YouTube, and mindset for success.

Transcript

but they are still somehow not able to grow their income they are stuck in the same job for a long time with manual increments and inflation ends up eating away all of the increments so what mindset should they be in thank you so much for being on the channel how are you doing there I am doing well as well we are on the beach of Goa South Goa right... Read More

Key Insights

• ✋ India's demographic dividend necessitates the creation of a large number of high-value jobs to retain capable talent within the country.
• 🤕 Learning how to invest at an early age, even if mistakes are made, can be beneficial for long-term financial growth.
• 🪡 Finding a balance between efficiency, freedom, and entertainment is subjective, and individuals need to prioritize what brings them value.
• 👶 New opportunities can be found by experimenting, trying new things, and constantly expanding one's horizons.
• 💯 Building skills and expertise in one's core job is crucial to reaching the top 10% or even top 5% of performers in their field.
• 📌 Real estate can be a profitable venture, particularly when considering location, market demand, and rental management opportunities.
• 🤑 The real estate market can be influenced by factors like black money, government policies, and demographic trends.
• 🍉 Investing in skills early in one's career is more important than solely focusing on short-term stock investments.

Questions & Answers

Q: How did you start your YouTube channel and what advice do you have for beginners?

Starting a YouTube channel requires dedication and perseverance, as the competition is tough. It's important to niche down and offer personal insights and practical experiences to stand out.

Q: What skills should people invest in early in their career?

It's important to differentiate between investing and trading. Investing in skills related to business analysis and strategy can be fruitful for long-term growth and success.

Q: What balance should people have between investing in stocks and investing in their skills?

It's crucial to prioritize investing in skills early in one's career. Stocks can be explored later, but focusing on personal growth and upskilling is more valuable in the long run.

Q: What can India learn from countries like Singapore and Dubai?

Access to high-value jobs, investing in education and infrastructure, and creating a favorable environment for job growth are essential areas that India can learn from.

Summary & Key Takeaways

• Akshat Shrivastava discusses why he chose Goa as his location and the importance of perspective and location independence in choosing where to live.

• He explains his journey in building various successful startups, including an admissions consulting firm and a strategy consulting company.

• Akshat shares advice on starting a YouTube channel, emphasizing the need to offer personal and practical insights rather than focusing solely on entertainment.