Amravati (Maharashtra): Parents of Nilesh Sabe, a youth from Maharashtra's Akola mortgaged their two acre farm for a loan for their son to become an engineer. Years down the line, Nilesh, albeit becoming a qualified engineer, quit his job to become an entrepreneur with an annual turnover of Rs 60 crore and now employs over a hundred youth from the same college where he studied engineering.
Parents' Dream To See Son As Engineer: In a special conversation with ETV Bharat, Nilesh Sabe, hailing from Kolasa, a small village in Balapur taluka of Akola district said that his parents mortgaged 2 acres of land and enrolled him in an engineering college with the loan amount. Nilesh passed out as an engineer from Ram Meghe College of Engineering and Management, Amravati in 2018 in the Information Technology stream and got a job of Rs 12000 salary in a Pune-based company. The parents expected that the son would get back the mortgaged farm by paying off the loan.
Leaving Job For Passion For Industry: Sabe said that right after getting the job in the Pune based company, he decided within the next three months that he should do his own business instead of being dependent on the job. Sabe's father Ramdas Sabe and mother Nirmala Sabe were somewhat shocked by the surprising decision of their son. But the parents believed their son and supported him in the endeavour. The blessings of his parents became an important strength for him and Nilesh emerged as an entrepreneur after leaving the job to rather be a job provider.
Business Magazine Does The Trick: After quitting job, Nilesh Sabe initially published a magazine named 'SwiftNLift' to highlight the success stories of the leading entrepreneurs of the country. Nilesh roped in entrepreneurs to feature in his business magazine with the magazine becoming an instant success and entrepreneurs lining up to occupy the pages of the magazine.
COVID-19 Lockdown Hampers Progress: In a major challenge faced by Nilesh Sabe, the COVID-19 lockdown of 2020 brought the country's economy to a grinding halt with Sabe's business magazine being no exception. In a silver lining though, Nilesh noticed that despite a global lockdown, a section of industries in the US were running smoothly. Nilesh contacted entrepreneurs in America to feature them in his business magazine and fortunately for him, entrepreneurs in America responded positively. Thus, the success stories of entrepreneurs in America began to be published in Nilesh's magazine. Although the Corona years heralded crisis for most, Nilesh used adversity to his advantage with his business taking a big leap during the lockdown.