I became an OLA DRIVER to turn Rs1 Into a NEW CAR !! #Ep-5 - Summary

Summary

The speaker, who runs a business called Aqua Care, discusses the challenges and successes of his venture. He shares his experience of building a brand, dealing with trademark issues, and the process of earning revenue from various products. He also talks about his experience as an OLA driver, which he found to be a profitable job.

The speaker starts by discussing his brand, Aqua Care, and the products they produce, including a glass cleaner, floor cleaner, dishwasher, and toilet cleaner. He explains that these products have a high margin due to their simplicity - they only require chemicals and water. He emphasizes the importance of building trust with customers and developing a business strategy to increase sales.

The speaker then discusses his experience as an OLA driver, which he found to be a profitable job. He shares his daily earnings and the challenges he faced, such as physical discomfort and the difficulty of multitasking. He also talks about the importance of branding for products and how he collaborated with a designer to create designs for his room fresheners.

The speaker shares his experience of working with a factory to create room fresheners. He discusses the challenges of working with different fragrances and the importance of testing the products in a closed room to ensure they work as expected. He also talks about the cost of producing the room fresheners and the potential profit margin.

The speaker concludes by discussing his total profit from the business, which stands at Rs. 1,98,520. He reflects on the journey and the hard work it took to earn this amount. He asks his audience for their opinions on whether he should try new businesses or continue with the current one.

Facts

1. The speaker is part of a team that has built a brand called Aqua Care, which includes products like Aqua Care Glass Cleaner, Aqua Care Floor Cleaner, Aqua Care Dishwasher, and Aqua Care Toilet Cleaner. The brand is already registered in Delhi.

2. The team has received a No Objection Certificate (NOC) to operate their business, with the agreement that they can earn up to Rs. 10 Lacs from it.

3. The team has built trust with their customers and is now looking to expand their business. They plan to increase their load in the market and boost their sales.

4. The team has previously done business with many hotels and plans to take their feedback to determine future orders.

5. The team plans to increase the members of their sales team. Currently, they have one sales member, Priyanshu, who has managed to get many orders from Pahadganj's hotels.

6. The team is planning to add another sales member, Tanish, who also wants to earn money. They plan to give them a bonus of Rs. 10 per piece they sell.

7. The team has sold products worth Rs. 1,42,200 in the past 10 days, from which they have a profit of Rs. 85,320.

8. The team is planning to earn Rs. 1.5-2 Lacs in another 20 days.

9. The speaker has also been an OLA driver, earning Rs. 2500-3000 per day, which is approximately Rs. 1 Lacs.

10. The speaker has visited a factory to see what products they have and has shown interest in handwashes and room fresheners.

11. The speaker has been working on creating a room freshener with two fragrances, Lime and Rose.

12. The speaker has been driving for OLA and has earned Rs. 5550 in two days, with a profit of Rs. 3760.

13. The speaker has created room fresheners that cost Rs. 60 after stickers, with an MRP of Rs. 200.

14. The speaker has received an inquiry about the room freshener from their salesperson, who has a chain of hotels and wants to buy 1500 Room Freshner.

15. The speaker has earned a total of Rs. 1,98,520 in profit, with Rs. 3760 from Jasus King.

16. The speaker is considering trying new businesses after having done many different businesses in the previous parts.

17. The speaker has done 6 Crore sales annually and 50 Lacs from this business.