Have you ever wondered why social media is knocking traditional marketing methods like TV ads and blogs out of the park? It’s simple. Social media has this incredible pull—everyone’s glued to it, right? Plus, let’s be honest, our attention spans are getting shorter by the minute. We want quick, snappy content that grabs us, not …
I am from a very poor family. When I was a toddler, my grandmother asked my father to leave the joint family because he did not earn enough. In 1991, at the peak of the recession, my parents moved to a 150 sq ft one-room government flat with two toddlers. I was three, my sister …
Let me tell you about my friend Deepak, who is a resident of the US, but had to return to India because of his poor investment plans. Deepak had worked very diligently for 10 years in India and the US, and had saved some money- which he wanted to invest. He asked his friends and …
Ask any tax professional what their most peculiar memory from the last decade! 9 out of 10 will have the same answer. The Introduction of Goods and Services Tax in the last five years and its aftermath. It simplified and increased the importance of professionals who understood the regime, making them invaluable for any business. …
Do you know that many Indians from small cities are doing remote accounting work for US SMEs, CPAs, and other clients—that too without having fancy degrees like CA, CS, or MBA? US Business is one of the largest startup markets in the world. Businesses, especially startups and other SMEs, are always on the lookout for …
It is not hard to learn US accounting and you certainly do not have to clear some tough exam like CPA or ACCA to get started Most people take 3-4 years to clear such exams, no matter what the coaching centres claim. You can get the same jobs and same clients even without CPA qualification. …
One of my students, an Indian accountant, was working with US SMEs and startup clients using the strategies we had shared for the past few months. He approached me for guidance recently. Although he was doing well, he preferred to work in a stable job so that he did not have the pressure and uncertainty …
Won’t they hire locally? Of course they can hire locally. But you have an advantage. Hiring accountants and bookkeepers in the US is damn expensive. Here’s how much accountants and bookkeepers earn in the New York: Now, compare how much an average accountant earns in India: Even salary of a CA is much lesser: 80k …
NRIs have been benefiting from cost arbitrage from the 70s, when it became fashionable in India to nationalise everything and jobs became scarce. The smartest people in India, especially in science and tech, would migrate to the US, get well paid jobs there thanks to the open and competitive market, become entrepreneurs and buy cheap …
It’s not impossible to get rich on a salary if you save 30-50% of your income every month, invest in the right places, and have great financial discipline to not spend your gains. Only problem is that following this path it will take you 20-30 years to get rich to the point that you are …
