I decided to leave my startup job without having any solid financial backup in Aug 2016.
I was not very sure about what I’m going to do in future. I thought that I have done the necessary work for the startup where I was heading the content marketing and now my heart wasn’t feeling good in it.
We got some exciting results in a short time from our efforts in content marketing (starting from May).
- One of our videos went viral, fetching more than one million views in just 2-3 days.
- A single viral article increased our blog traffic to 25,000 visitors in a few days.
- Also, we improved our traffic to app conversion ratio significantly.
There was much more work to be done. But I was losing my interest in the work so I decided to pull the trigger and resigned. I believe that no meaningful output will come without having a deep interest in the work.
I did not have a lot of money in my bank account, because whatever I earned was spent on my household expenses.
If we talk about the savings, all my savings were been invested into the stock market. I thought that I’ll sell a portion of my stocks to get sufficient money to run my house till December 2016.
I also prepared a rough financial plan, to keep things going on till the year-end. I planned to put some efforts into the work of Cash Overflow (that I started out of my hobby in 2015).
I never tried to monetize Cash Overflow traffic so I was not sure how much income could be possible from small traffic of 30,000 per month (yellow colour for future expected income).
I thought that I’ll start making online income from one of my side projects.
Then, guess what, something magical happened and two of my stocks skyrocketed almost 2.5X.
Interestingly, I had invested most of my money into these two stocks only.
Aptech – 2,79,454
IndianBank – 1,90,356
I made a total profit of about 4,50,000 just from 2 stocks.
On Aptech, I made a long-term capital gain, which means that I don’t have to pay any taxes on my income of 279,454 rupees (one strong reason to invest in the equities). On Indian Bank, I made a short-term capital gain, so I paid income tax @15% of 1,90,356 rupees.
Have a look at the last six-month graph of both the stocks.
Do you think that I am a smart investor?
No, It was just my luck.
In any case, I was going to sell my stocks because I already put my resignation on 1st August. I did my thorough research when I bought both the stocks last year, but it was a co-incident that stocks gave me spectacular results in August & September only.
I started investing in stock markets in 2010, and this is the first time that any of my stock gave me double returns. On my journey of learning value investing, I have booked major losses in 2010 and 2013 in the stock markets.
Disclaimer: I won’t advise you to blindly invest in shares just because that gave me good returns in the bad times. Learn stock investment fundamentals and use your own research before investing.
Do you think that I will be lucky every time?
No, I am not sure, but I hope so.
Do you think that everyone should make decisions like this?
I just wanted to share my experience that how I took the decision in my tough time and how unexpected good things happened with me. I was just lucky at that point in time, or actually..
Hard Work + Good Karma + Persistence + Trust in Universe = My Luck
I make excel sheets and count the pennies as everyone does.
And when in doubt – listen to the inner voice.
If I had taken the decision of continuing my job, my work would have suffered. There was far less chance of another viral video because my heart was not into my work. Even the startup that was paying me a regular salary would be at loss, which I could never accept.
The critical decision-making phase comes many times in our life where we have to choose a path.
The choices that we make today will shape the future of our tomorrow. That’s what some people refer as Karma.
What would you do when you have to take a critical decision in a state of fear and doubt?
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