MBA Chai Wala Wiki has many things to say about the charismatic businessman Prafull Billore. The businessman has many books and talks to his credit, including those on Entrepreneurship and Career. He is also a published author, having written ALL YOU NEED IS JOSH! He started his MBA chai business with just 8000 rupees and now earns over 3 crores. However, to start a similar business, you’ll need around 10 lakhs.
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Prafull Billore Wikipedia
The MBA Chaiwala is an online tea and coffee chain that has become India’s second richest chai wala. Founded in 2003, the brand has grown to 11 franchises across the country and is now valued at more than 3 crore Indian rupees. Despite being an MBA student, Prafull Billore has made his success story an inspiration to many other young Indians.
The first incarnation of the MBA Chai Wala business started as a humble effort. Prafull Billore’s success story began when he was dismayed at his CAT exam results at age 20. Trying to make ends meet, Prafull spent the first 50 days of his life working as a McDonald’s chai wala. He made 300 sales on his first day, and after that, people began to talk to him in English. Soon, the business became popular, and Prafull Billore was called upon to deliver lectures.
MBA Chai Wala is the brainchild of a young Indian entrepreneur from Madhya Pradesh. Billore’s entrepreneurial efforts began when he failed to gain admission to one of the top business schools in India. His first business venture was a small shop in Ahmedabad, where he began to sell tea on the side. Today, he has more than 30 million sales and is expected to break even with his online tea and coffee store sales.
Who Is MBA Chaiwala?
MBA Chaiwala is an Indian chai franchise that has swept the country. Its founder, Prafull Khatri, has built a brand worth more than 5 crore rupees. Praful is a B.Com graduate from a middle-class family in Madhya Pradesh. Today, MBA Chaiwala has 11 franchise locations in India. The company has also been a source of inspiration for many young people in the country.
To start MBA Chaiwala, Prafull Billore, who failed the CAT exam, decided to travel around. He got a job at Mcdonald’s and earned Rs.7000 a month. Although Prafull wanted to start his own business, he had difficulty asking his parents for funding. So, he thought of starting a tea stall and borrowed 8000 rupees from his father. This is the primary funding for MBA Chaiwala Business.
Prafull Billore Career: Net Worth
The MBA Chai Wala is a successful entrepreneur who has turned a traditional tea stall into a big business. The entrepreneur studied at India’s largest MBA college and was dissatisfied with his job. He had a dream of becoming independent and wanted to open a cafe. However, he did not know how much money he would need to open a cafe. This setback led him to abandon his plans and try to find another way to earn money.
After graduating from B.COM, MBA Chai Wala Prafull Billore went on to open a chain of cafes and franchises in India. The entrepreneur’s success led him to earn $ 3 million, which is equivalent to Rs 22 crores in INR. He made his money by charging 4% of each franchise sale. He is currently 42 years old and is a successful content creator.
Prafull Billore Early Life
The founder of MBA Chaiwala, Prafull Billore, is an Indian entrepreneur, angel investor, social leader, and content creator. He was born in Indore, India, and later studied at the Devi Ahilya Vishwavidyalaya and Ahmedabad Management Association. Billore is a Hindu and grew up in a Hindu family. His parents and brother, Vivek, are also Hindu.
In the summer of 2017, Praful Billore borrowed Rs. 8000 from his father to start a tea-stall business in Ahmedabad. He named the business MBA Chaiwala and began hosting social events where he served free tea. He also started a Youtube channel, called MBA Chaiwala, in 2021, where he posts Motivation Shorts videos. MBA Chai Wala has over 1 lakh subscribers at the time of this writing.
After graduating from the MBA Chaiwala Institute, Prafull Billore waited for customers to purchase his tea in the sun for four hours. People laughed at his name, but his persistence paid off. He accepted an offer at a cafe, served tea at various programs, and donated money at many places. Eventually, he became a famous MBA Chai Wala and grew a multi-million dollar business.