Mba Chai Wala Net Worth
After failing the CAT exam at the age of 20, Prafull Billore, who later became known as MBA Chai Wala, decided to explore India and spent time in major cities like Mumbai and Bangalore. Mba Chai Wala Net Worth is discussed here. He was inspired by American hard work, and he even worked at McDonald’s. After pondering for 50 days, he eventually opened a tea stall and tended to it for a few hours after his shift at McDonald’s. Although he didn’t make any money on the first day, he earned 300 rupees on the second day by implementing a new strategy of communicating in English and offering tea to customers in English.
Born in 1996 to a middle-class family in the Dhar district of Madhya Pradesh, Prafull Billore is now a successful start-up business owner and motivational speaker known throughout India as MBA Chai Wala. In 2017-2018, he invested 8000 INR to start his tea business on the roadside in Ahmedabad, where he used marketing tactics such as offering free tea to singles on Valentine’s Day to expand his business.
MBA Chai Wala’s annual turnover is estimated to be around 1 to 2 crores INR, and he earns extra income through YouTube advertisements and franchising. Although he hasn’t disclosed much about his family in interviews, he has posted some pictures with his parents on social media.
Facts:
Starting with only 8000 INR, Prafull ventured into business despite his father’s wishes for him to pursue an MBA and secure a good job. Despite attempting the CAT exam three times, he eventually gave up on his exam preparation. Prafull attracts customers to his tea stall by offering tea in English, which has helped him gain attention from more people. Prafull has become a social media influencer and has been invited to speak at many colleges. His tea stall, MBA Chai Wala, is now a franchise that has opened more than 50 locations in India. His estimated net worth as of 2022 is around 50 crores INR, and he is among the top businessmen in India with an annual turnover of almost 5 crores INR.
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FAQs:
What is the full form of MBA Chai Wala?
Mr. Billore Ahmedabad Chai Wala
Where does MBA Chai Wala live?
Ahmedabad, Gujarat
How many franchises has MBA Chai Wala opened in India?
50+
Who is the owner of MBA Chai Wala?
Prafull Billore
Is MBA Chai Wala franchise profitable?
Yes, it is profitable.
Is MBA Chai Wala a billionaire?
While not a billionaire, Prafull is among the top businessmen in India.
What is MBA Chai Wala’s turnover?
Almost 5 crores INR per year.
How did MBA Chai Wala start?
Prafull started a tea stall on the Gujarat highway and has since grown it into a cafe chain spread across India, with a mission to empower and promote entrepreneurship among the youth.
How much does the MBA Chai Wala franchise cost?
3 lakhs INR.
Why is MBA Chai Wala famous?
Prafull has become a public figure and attended over 200 events, speaking on topics such as women’s empowerment. He is especially popular among MBA students.
What is the story of MBA Chai Wala?
At 25, Prafull started his business and became a celebrity and youth influencer. Despite his father’s wishes for him to pursue an MBA and secure a job, Prafull decided to pursue entrepreneurship and started his tea stall. This was all about Mba Chai Wala Net Worth.