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Baqar Iftikhar

Baqar Iftikhar Naqvi  |112 Answers  |Ask -

Start-up Mentor - Answered on Mar 29, 2024

Baqar Iftikhar Naqvi is the founder and CEO of Upriver Ecommerce, an online sales accelerator firm and can guide entrepreneurs on how to make their firms grow.He holds a BTech in textile technology from the Central Textile Institute and has a master's degree in marketing and merchandising from the National Institute of Fashion Technology.He has 23 years of experience in the consumer products and retail industry.... more
Asked by Anonymous - Oct 30, 2023Hindi
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Career

How do i convince my 69 year old father who is running a successful brick and mortar business to sell online which would expose him and our business to the world , not just in the place we stay , my father is very traditional

Ans: Start small, list a few top sellers, show him some quick wins. As he sees the business come from distant places, he may get convinced.
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Kanchan

Kanchan Rai  |295 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Jul 17, 2024

Asked by Anonymous - Jul 16, 2024Hindi
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Relationship
My husband is an engineer. He was working in a reputed company for many years. He left the job due to over work load and wanted to explore other work options or entrepreneurship. So he took a gap of 3 years. In his gap he was not able to do any business bcoz all the business ideas either had too much of hassle or required lot of investment, so, he learned trading in NSE he earned average income with it, enough to run the house. After 3 years of gap he managed to land a job again in a reputed company but he again says that work load is high and wishes to leave and get back to trading. I am teacher with an average salary. We have a 10 year old daughter. Kindly guide what can I do in this situation? How can I make him understand that he needs to work and trading is not a reliable source of income.
Ans: I understand that this situation is stressful and complex. The key here is open, compassionate communication and realistic financial planning.

Firstly, have an honest and empathetic conversation with your husband. Express your concerns about financial stability and the importance of having a reliable source of income, especially with a 10-year-old daughter to consider. Make sure to listen to his feelings about the job workload and his desire to return to trading. It's essential that both of you feel heard and understood.

Next, consider working together on a detailed financial plan. Look at your current expenses, savings, and future financial goals. This can help both of you see the bigger picture and understand the importance of a stable income. You could even consult with a financial advisor to get an objective perspective and professional advice.

Encourage him to explore ways to manage his workload or find a job that offers better work-life balance while still providing financial security. Perhaps there's an opportunity for him to negotiate his current role or look for a position that aligns more with his skills and interests without the same level of stress.

It might also be helpful to set up a trial period for trading, where he can pursue it on the side while still maintaining his job. This way, he can assess the viability of trading as a full-time income source without putting your family's financial stability at risk.

Remember, it's about finding a balance between his professional fulfillment and your family's financial well-being. By working together and supporting each other, you can navigate this challenging situation and come to a decision that works for both of you.

..Read more

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Krishna

Krishna Kumar  |358 Answers  |Ask -

Workplace Expert - Answered on Jul 26, 2024

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