Story of a young Millionaire - Sudhakar Reddy

Sudhakar was born in Guntur district of Andhra Pradesh. After completing his schooling here Sudhakar R Chennai in 2005 enrolled in the College of Engineering in Electronics Engineering. Be much higher because of the distance from home to college Sudhakar had just come home on weekends. But he still had to struggle a lot to get tickets, because this weekend was all the students go home because of the increased demand for tickets was too much. Perhaps the problem was very upset and wanted to find a solution. Perhaps the idea of a new business that was looking. Just the idea of easy access to book tickets he wanted to turn into a business.

After completing his studies, he decided that the realization of this idea will. Sudhakar in this endeavor in no hurry to install. He took the advice of his family and friends. Sudhakar father gave its full support to entrepreneurs, but also gave the opinion that some work experience before setting up your business is very rewarding.

Sudhakar assuming father's advice to seek a job in GE's Technology Li. 18 months working in the company of his salary Sudhakar save Rs five lakh. Additionally, the confidence of his parents set on himself. Perhaps seeing the passion to become Antrprinyor her parents decided to give him Rs 10 lakh from his savings. A total of fifteen million dollars of capital associated with the business plan at your bus ticket to revive gearing Sudhakar and quit his job in 2006. A large part of the initial capital, about 8 lakh, ticket booking software development spending. Sudhakar again for office space rented in Hyderabad in the decor and spent 2 to 3 lakh. Sudhakar has finally realized the dream of and in September 2007, "just simply Services Pvt Ltd was founded.

Perhaps he was not familiar with the problem of the first round. Will face challenges because they knew just Travel Market in India was completely unorganized. On the bus operators' just simply agree to differ significantly from the ticket quota suffered. The four months did not sell a single ticket. Perhaps that explains several times and book tickets for the evening by getting customers to pay the boarding point to say, but it was that they were standing in wait with a ticket and someone comes there was not. The company grew at risk of harm. Sudhakar has hired two executives to deal with it on. In January 2008, when several bus operators Sudhakar at his first success with their software have agreed to add. As a result, "just simply close 7-8 in his first year and 7 lakh turnover of operators received added.

Found on the front of the book in a moment despite've tasted success Sudhakar had not forgotten that it played a key role behind the software. With a view to strengthen the software and some Technicians employed Sudhakar and gradually moved to expand its team. "Now just 'next milestone in the journey of 2011-12 when the company in Andhra Pradesh, Uttar Pradesh and Tamil Nadu State Road Transport Corporations such as contracts with three large states signed. All three deals worth Rs 15-20 crore. Today Abibs solutions to the online bus ticket status of the country's second largest, has its name. The company has 10,000 seats and its mobile application with the booking day, 50 per cent of the total seats at the ongoing aim to mobile phones. Seven years ago, the basic capital of Rs 15, 165 crore today emerged Abibs began with an annual turnover of Rs 250 crore.

Sudhakar Antrprinyors emerging suggesting that the present growth of the industry Teknoprinyors. That is necessary to stand out from the crowd in a good grasp on technology, the best understanding of marketing and customers from their investors and employees have the ability to provide value to all stakeholders. Constant search of opportunities to fulfill their dreams and the ability to take risks is also play a very important role.

Source -  Leading News paper Website