We often hear news of financially troubled farmers committing suicide. Whenever such an incident occurs or the issue is vigorously debated, we express our serious concerns and expect the authorities to outline policies to alleviate the suffering of farmers. will do. But we rarely talk about the sufferings of their families. The difficulties his family would spend the rest of his life with are unthinkable. If someone tells you that a person from a similar poor family has set up a 250 crore company, then you will definitely be shocked. But this is true and has shown it in Odisha Kailash Chandra Patra has.
Born in a poor farming family in Odisha, Kailash’s father was a small farmer who used to cultivate paddy. Like any other small-scale farmer in India, Kailash’s father was always in debt. When the situation got out of his hands, they left the family and fled. Kailash, his mother, three brothers and three sisters continued their struggle with the difficult life ahead in a small hut. He continued to combat poverty and deprivation with the hope of a better future. With no other business option to lead a better life, education was the only hope for Kailash. He completed his schooling in the same hut and started saving money for further education by teaching tuition. For higher education, he came to Cuttack with the help of a man who arranged for a room without rent for him to live.
Kailash continued to take tuition along with studies. After completing her higher studies, she stopped taking tuition and worked with an electrical turnkey project contractor. He worked at a monthly salary of 2000 rupees, which somehow managed to get roti on 2 June. Also, the behaviour of the owner of the company was highly abusive towards his employees. Having lived in terrible circumstances all his life, respect was as important to him as earning money. He had the idea of doing something on his own, but due to financial constraints, he did not move towards that. After working at the first company for nearly two years, Kailash quit the job and joined a pharmaceutical company as a sales executive. After a year again, Kailash quit his job due to lack of job satisfaction and then, joined an electronics trading company, which he left after four years to do his own business.
After leaving the job, for some time, Kailash was confused about starting his own business or getting a job but soon decided to start his own business. He had a good trading experience in electronics but did not have the money to invest in expensive electronic goods. He rented a 40-square-foot store and started selling inexpensive electronic utilities such as TV antennae and booster devices. To start the business, he paid the shop owner a rent of Rs 300 per month.
Kailash Business Khabar Told in an interview given that “I always wanted to do something. It was always my ideology to do something big and unique. My pleasure has always been in serving customers. “
Kailash would buy TV utilities from a big shop in the nearby town and sell them at his shop in Dolamundai, Cuttack. This series continued like this. The TV set was new to the people at that time and that is why they did good business in a short time. The increased sales helped him save money despite narrow margins. Kailash got a scaling opportunity when a nearby shop was empty. The 80-square-foot shop was quite large and also adjacent to the street. He used his entire savings to pay an advance rental of Rs 6000 for this shop. His good relationships with potential sales and electronic goods distributors helped him stock TV sets on the credit line. His turnover and income increased and he soon got a business loan of Rs.2,00,000 / – from Allahabad Bank. Kailash used this money from the first store in Badambadi, Cuttack, which has become a huge chain of electronic stores today.
Since then, Kailash has never looked back. Today, his company Patra Electronics is one of the leading electronics dealers in the Indian state of Odisha. Kailash Chandra Patra is a respected businessman having tie-ups with almost all major electronic brands. Their 22 branches have sold Rs 250 crore in the last financial year. For a man abandoned by his father at a very young age, commanding such respect and heavy business is truly unthinkable.
The story of Kailash is full of inspiration. With his success, he has proved that no matter how bad the circumstances are, if he is determined and pursued, then it does not take time to change. You have the key to your success.