PowaiKing
PowaiKing

My journey from TCS to running my own IT company with 20Cr annual turnover.

After completing my BTech. I joined TCS for 2LPA. My RMG(read: The most hated folks at TCS) came up with the stupidest project and forced me to join it. She brutally harassed me for 3 days straight to take that project and I kept denying. I cleared interviews for two projects and then she still didn't let me take those projects.

She then had the audacity to stop project allocation for me leaving me on bench.

Now here is the real kicker... She starts sending me threatening email. Like your pay will be stopped indefinitely if I don't report to the project that belongs in 1989(joke). It was literally based on some archaic mainframe related tech and it was just some support job.

Thankfully my father was very supportive and he told me to start my own business. He gave me 9L to start something. After 6 years of gruelling hardwork and ups and downs now, I run my own IT services company. I have 100+ people on my payroll and we did 17% in EBITDA last year. NP was 6%.

I made this post because I read this news article today. I will tell you that the audacity of TCS to say all of this is mindboggling. DO NOT JOIN TCS AT ALL. It is a place where careers go to die.

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7mo ago
FixedWafer
FixedWafer

Amazing! @PowaiKing
How did you start? Would love to know more about your journey. Precisely

  • What skills did you learn and through what sources?
  • How did you invest the money?
  • Where did you find your clients and at what time did you start to build a team?
PowaiKing
PowaiKing

@FixedWafer I started with getting gigs via Fiverr. I went above and beyond on deliverables and always undercommited and overdelivered. These clients became my retentive clients with multiple deal flows and they also spread my name via word of mouth.

This took exactly 7.5 months after which I was getting capped out on time. So I hired more people and more people. Now we are servicing almost 20Cr worth of business every year.

  • I learnt React native. Over time expanded to MERN stack.
  • Out of the 9 Lacs. I spent almost 3L on set up right away. It paid back itself in 2 months. The other 6L was buffer capital to bankroll salaries upfront till we generated enough FCF.
FixedWafer
FixedWafer

That's some journey :) Thank you for sharing and best wishes!

President_Trump
President_Trump

Raftaar: kya engineers paisa kama pa rhe hai?

Narayana Murthy and group: No comments 😑

PowaiKing
PowaiKing

@President_Trump Exactly, but more props to him and the business they have built.

Elon_Musk
Elon_Musk

Tell us more. How do you start a business with 9l. Like that's the salary of a single engineer these days.

PowaiKing
PowaiKing

@Elon_Musk I started with getting gigs via Fiverr. I went above and beyond on deliverables and always undercommited and overdelivered. These clients became my retentive clients with multiple deal flows and they also spread my name via word of mouth.

This took exactly 7.5 months after which I was getting capped out on time. So I hired more people and more people. Now we are servicing almost 20Cr worth of business every year.

  • I learnt React native. Over time expanded to MERN stack.
  • Out of the 9 Lacs. I spent almost 3L on set up right away. It paid back itself in 2 months. The other 6L was buffer capital to bankroll salaries upfront till we generated enough FCF.
Elon_Musk
Elon_Musk

Cool. Good job mate

RoboticArm
RoboticArm

What is your company name and what all IT services do you provide?

PowaiKing
PowaiKing

I will decline revealing my company name for now. We do a lot of things right now. Primarily we started coding internal apps for large MNCs and now we do a lot of contract work around PoCs and MVPs for a minimum ticket size of 5L.

RoboticArm
RoboticArm

Hope you are not harassing your employees just because you or your marketing team committed something which is not achievable and now your employees have to work day and night, 24X7X365 just to achieve it.

Frostygig5
Frostygig5

Amazing tell us more how you started what domain ?

PowaiKing
PowaiKing

I started with getting gigs via Fiverr. I went above and beyond on deliverables and always undercommited and overdelivered. These clients became my retentive clients with multiple deal flows and they also spread my name via word of mouth.

  • I learnt React native. Over time expanded to MERN stack.
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