6 minute read
Wealth Planet.
by PaulGC
ABHIJIT KULKARNI Founder & CEO
Q Why did you not become a computer engineer at the turn of the century? Would have been a nice easy option in India back then.
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I was able to foresee a huge saturation in the IT industry back then, and I am a person who generally likes to avoid saturated field. I don’t like to go with the flow where large number of people follow each other just because of temporary bubble or speculation.
Whereas, I like to go against the wave where people avoid to go. And that is why I first Animation industry because it was new in India back then and when I came to know about Forex and especially that only 5% traders able to sustain in this industry, that thing challenged me to drive towards forex market. I am still enjoying it.
Q Coming from a small town, did this make an impact on your goal setting for your future achievement?
In fact, it helped me a lot for goal setting. Because when things are small and not much in favour of you, only then you start fighting and dreaming for a bigger one. This is what happened with me at the very early college days. It built a never ending passion in me and I thank to my surrounding. I will never say it to small town because it has played a big role in my life.
Q Did your passion for animation transfer to your skills as a successful fund manager?
Of course yes. I would like to mention it in a little different way. When I practiced Animation, it helped to develop a lot of patience in me. And to be a fund manager, you should have a lot of patience and thanks to my Animation experience that gave me the patience I needed for fund management business. The only change was I had to see numbers on screen instead of graphics & characters.
Q Were you nervous in leaving a secure job to begin your own enterprise?
Not at all. I was very excited as it was a very challenging phase for me and as I mentioned, I love challenges.
Q When you first licensed out your trading system, what was the sensation when people first brought it?
Many things were happening for the first time. Like I was selling through an e-commerce portal, the first trading system, first marketing experience and first testimonies from the buyers. To be very honest, I was confident about my trading system. The only thing I was concerned about whether the user will use it with precise risk management or not? And as the months passed, I started getting positive reviews. I was feeling as if I am making profits when my system users were in profit.
Q In the first seminar you conducted, were you nervous?
No but was very cautious because Forex was never being heard in Indian market and I had to introduce it in a very easy and friendly manner. Most importantly, I conducted my first seminar in my home town.
Q What public speaking tips can you give to the readers?
Detach to the technicality of market before you speak. As trader spends most of their time in front of charts and news channels so he or she always been in a zone of analysis. But when you want to speak, you need to interact with the people in their language so detachment with your regular zone is necessary and attachment with people is important.
Q Getting the first multi-million Dollar account must have been a turning point. How did it feel to get that?
It was like a dream come true. I spent almost 4 years for that one day. So the value of one million dollars is much greater for me than any other person. And this approach helped me again to design a special risk management strategy for fund management because I knew that I will not get this chance again or I want to take maximum benefit of this opportunity.
Q What was it like to begin to make money from your passion?
I must say that when you earn money from your passion, it feels like an effortless work. Because I never looked at it as a Job. I never counted my work hours and that’s the beauty & secret of any success I guess.
Q How is it working in coordination with industry superstar Mario Singh?
He has always been my inspiration. When I first invited him for our launch of Wealth Planet in India, he shared lots of things in those 3 days. His every word is worth to learn and adopt as it comes from his own experience and massive knowledge. I generally don’t like to use word ‘luck’ but when it comes to coming across extra ordinary people like Mario Singh, Cecil Robles, Andrew Divis and of course You, I consider myself extremely lucky.
Abhijit Kulkarni Founder & CEO of Wealth Planet
SHVETA NATU Chief Operating Officer
Q Why did you choose Abhijit in having him as your FX mentor?
When I first met Abhijit 6 years ago I was not aware about forex market , forex trading at all. That was very casual meet during some function. As the discussion continued about his career it made me curious to know more about Forex trading. Me being inquisitive by nature tried to research a lot about how I came to know this is very uncommon in India. I have an academic background from Statistics so the charts , graphs seemed interesting to me. I wanted to learn about forex and, to my knowledge Abhijit was the only person who had knowledge about Forex at that time. I asked him about teaching me and he was so enthusiastic about it.. He has so much of deep knowledge about it and he never hesitates to teach and solve your silly queries.No wonder today I would proudly say that I made the correct decision to learn forex and that too from Abhijit.
Q Was Abhijit an easy person to write about?
Ah , this is a very tricky question. If I tell the truth then I am in danger ,If I modify it then also I am in trap :) Abhijit has been my friend, mentor and also my senior in office. In his every role he is not at all an easy person :) Having seen his every version it was the most challenging task for me to seek answers from him while writing about his journey. Being a perfectionist at every work he does , it was too difficult to write as it had to be perfect and upto the point. The most interesting thing was he just answered in key points , I had to make it interesting enough to read. The thought of representing his journey in a composed manner was indeed crucial because when you know a person for this long you ought to know so many things and distinguishing them was a tough job.
Q Is it hard getting the information out of a person when you are writing about them?
Shveta Natu Chief Operating Officer at Wealth Planet
Indeed . Pertaining to the book and Abhijit , when I first put forth this idea about writing a short success story about Abhijit’s journey he totally denied the idea at first. After a lot of convincing he agreed to narrate about his journey. Those were not sufficient from the book perspective. I had to be very patient while getting the required information from him. He was too reluctant to express so yes it was hard to get the information out of him.
Q How do you make a plan when you write about someone?
There is no plan as such while writing. It has to be spontaneous and I always feel it’s about your true self and dedication when you write about someone. It has to work hand in hand. Me writing about the person and that person giving inputs. It surely is a team work which lead to an impactful writing. The secret ingredient is understanding between the author and the person he is portraying.