Indian Entrepreneur Quits $65,000 Job to Sell Momos, Builds Multi-State Business Empire
Summary
Indian entrepreneur Saket Saurabh left a lucrative job to start selling momos, building a multi-state business empire called 'The Momo Mafia' with over 60 outlets and achieving a turnover of 3 crore Indian Rupees.
Key Points
- Saket Saurabh quit a lucrative job paying 52 lakh Indian Rupees annually to start selling momos on the street.
- He founded 'The Momo Mafia', which expanded to seven Indian states with over 40 carts, 20 small outlets, and two restaurants.
- The business increased from 16 lakh to 2.2 crore Indian Rupees turnover in its first year to fiscal 2023-24, with a next target of 3 crore.
- Saket advocates starting with permanent outlets for big brand growth rather than limiting to roadside stalls.
