I don’t know with courage I’m writing this. But still, I’ve decided to write.
This is the current situation of me and my Family.
Financially (Tharun)
- My bank balance is 0. Yes, literal zero.
- My outstanding credit card bill is close ₹1L.
- The total debt under my name is close to ₹10L. I owe money to the bank, to my sister, to my friends and even to my mother.
- I’ve ₹0 saved.
Financially (My family Amma & Appa)
- We have ₹0 in savings.
- We sold all our lands. No real estate owned. No land or properties.
- All the gold in our home is pledged in the bank. We have 0 gold.
- Our car’s EMI is still not over.
- My father’s company is under the debt of ₹15L.
- We are just burning money.
Professionally
- My freelance income has taken a halt.
- Currently, I’ve just 2 paying clients. That too only for this month.
- Our startup has still not generated revenue. But we are going to get users soon.
- Our agency is doing well. Nothing to complain. We are planning to scale it soon.
Professionally (My family Amma & Appa)
- Revenue from my father’s company is zero.
- We have no other source of income.
- My parents are asking me to set up a small business for them.
Personal Life
- My gf who I loved from the bottom of my heart is getting married soon.
Reflections
I really don’t know what I’m going to do. My entire family is dependent on me only right now. I’m also trying my best to do something. Either my freelancing should take off, I’m actively pitching to clients or our startup should start generating revenue.
Agency income is secondary only. Because that is a backup option. I can’t rely on that income fully.
I’m hoping to turn around this situation soon. Let’s see. Today is 19.10.2024, in the next 6 months that is 19.04.2024, I will be in a better position. I pledge to change this situation.
The only person who can change this situation is me.
I’ve been a little soft all these days. I should turn into aggressive mode. Be it building or selling. I should be ruthless. I can’t take breaks. I can’t afford to go on dates or something.
Goals for the next 6 months
- Hit 1L/month revenue consistently.
- Scale Record to ₹1Cr revenue.
- Become debt-free.