Why This Coupled Left Cities For The Mountains? | Summary and Q&A

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December 24, 2023
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Wint Wealth
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Why This Coupled Left Cities For The Mountains?

TL;DR

A couple leaves their corporate jobs to start a Bed and Breakfast in a small town in the mountains, seeking a simpler and more fulfilling lifestyle.

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Key Insights

  • πŸ›Œ The couple's decision to leave their corporate jobs and start a Bed and Breakfast was driven by a desire for a simpler and more fulfilling lifestyle.
  • πŸ˜€ They faced initial challenges and worked hard to attract guests to their establishment.
  • πŸ₯Ί Living in a small town allowed them to refocus their priorities and lead a more peaceful life.
  • πŸ‘¨β€πŸ’Ό They emphasize the importance of perseverance and belief in one's dreams when starting a business.
  • πŸ§‘β€πŸ€β€πŸ§‘ The couple's financial stability was supported by their savings, including ESOPs and property investments.
  • ◀️ They advocate for reverse migration and encourage others to bring their skills to rural areas and create opportunities.
  • πŸ—ΊοΈ The couple's goal is to continue traveling and exploring the world once their current lifestyle is sustained.
  • 😊 The pros of living in the mountains, such as fresh air, peacefulness, and a closer connection with nature, outweigh the cons.

Transcript

you know this is a 118 year old house and when we first saw it it was completely desolate it was one stage before a ruin everything had to be redone starting from the path coming down there was a pundi there was no path coming down and we got four walls and half a roof it costed at that time about 1.25 CR people who are in the Metros people are in ... Read More

Questions & Answers

Q: What inspired the couple to leave their corporate jobs and start a Bed and Breakfast in the mountains?

The couple desired a simpler life and wanted to provide their daughter with a different upbringing. They were no longer fulfilled by the corporate rat race and felt a strong conviction to pursue a more meaningful path.

Q: How did the couple finance their venture?

They utilized savings from their careers, including ESOPs from the hospitality industry. They also sold a property in Bombay and took a loan from a cooperative bank to bridge the financial gap.

Q: How did they attract guests to their Bed and Breakfast in the early years?

They had to work hard to spread the word and promote their business. They also played to their strengths, with one spouse focusing on the project while the other continued to work to support the family.

Q: What advice do they have for aspiring entrepreneurs looking to make a similar move?

Perseverance and giving the venture time to develop are key. They advise couples to be on the same page and manage their expectations, as living in a small town may not offer the same conveniences as the city.

Summary & Key Takeaways

  • A couple purchases a dilapidated 118-year-old house in Landor and decides to turn it into a Bed and Breakfast.

  • They wanted to escape the busy city life and provide their daughter with a more grassroots upbringing.

  • They faced challenges in the early years, but eventually built a successful business hosting guests from diverse backgrounds.

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