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Work-Life Balance

Job Security

Income Potential

Work Culture

Importance of Education

Recognition

Profile Details
Name – Gagandeep Singh
Profession – Retail Shop
Designation – Owner
OrganisationBhai Ram Chand Kulwant Singh, Embroidery Suit Retailers in Patiala
Age – 48
City – Patiala
Work Experience (Years) – 25

Please give us a summary of your Career.

My first choice as a career was to be a cricketer and I had even started playing for the National Team, but due to family problems, I had to join our family business.
To work in the family business initially was really tough as I had to learn a lot.
There were many difficulties in the beginning but I overcame all of them and helped grow the business.
Although I had to struggle a lot, but in the end, I won and made my family proud.
I have been in this business for the last 20 years.

Please describe your current Job Responsibilities.

There are many responsibilities ranging from customer handling, employee management, material sourcing, order delivering, finances etc.
I have to take care of the customers such as their likes and dislikes, to oversee my employees and keep a check on orders as well as the material required for the orders to complete.
Another important task, which is seldom neglected, is to create a harmonious work environment so that both employees and customers feel at peace.
To keep a tab of the firm’s profit and loss and much more.


Average Income in this Profession in the current scenario

Starting out/Fresher – 2-5 Lakhs Per Annum
5 Years of Experience – 10-20 Lakhs Per Annum
10 Years of Experience – 10-20 Lakhs Per Annum
15 Years of Experience – 10-20 Lakhs Per Annum
20 or more Years of Experience – 10-20 Lakhs Per Annum
How do you rate the Income Potential in your career?3 Star Rating | MentorClub.in


Work-Life Balance

On an average, how many hours do you work per day?
More than 9 hours
On an average, how many days in a week do you work?
All 7 days
How often are you required to work in night-shift?
Rarely
Does your work require you to travel?
Rarely
Does your work require you to relocate to different town/cities?
Never
How would you consider the job security in your profession?
Very Secure
Would you consider this Profession Risky?
Not Risky
Overall, how would you rate Work-Life Balance in your Profession?4 Star Rating | MentorClub.in
Overall, how would you rate Job Stability of your Profession?5 Star Rating | MentorClub.in
What are the different ways of entering this profession?
As this is a small business, one can enter easily if one has a family business. If one is starting on his own, then setting up from scratch will take time, money and effort.


Work-Culture

How would you rate Stress-Level in your Profession?
Stressful
How would you rate your office/work infrastructure?
Good
How would you describe your co-workers?
Very Helpful
Generally speaking, your work is
Office Work
Overall, how would you rate Work-Culture in your Profession?4 Star Rating | MentorClub.in


Importance of Education in Your Profession

Would you say that Education from top School/College plays a major role in the success in this Profession?
No
What level of Education is sufficient to be successful in this Profession?
Simple Graduation
Would you say that Studious students are generally successful in this Profession?
No
How would you consider the Cost of Education post 12th?
OK
At present, which institutes are best for the education of this profession?
This profession doesn’t require any particular education, so any simple graduation is enough.
What is the cost of education (post 12th) of this profession at present?
Simple graduation doesn’t cost much.
Overall, how would you rate the role of Education in your Profession?3 Star Rating | MentorClub.in


According to you, what kind of person is likely to be Happy & Successful in your Profession?

First Personality Trait – Energized by people, enjoy a variety of tasks and good at multitasking
Second Personality Trait – Focus on possibilities and value innovation to come up with creative solutions to problems
Third Personality Trait – Prefer to make decisions by being sensitive and cooperative to others feelings
Fourth Personality Trait – Prefer to keep flexible plan and keep options open
Fifth Personality Trait – Prefer to seek new experiences and create new things
Sixth Personality Trait – Prefer to be easy-going and flexible with life
Seventh Personality Trait – Prefer to be cooperative and compassionate
Eighth Personality Trait – His/Her Family and Friends agree that S/he is usually relaxed, calm and happy
Please provide details
One should keep employees happy and make them feel that they have a secure job and they are working in a good firm. Your employees are your strength.

What are some of the positives, which would encourage someone to join their family business?

The biggest positive in this business is that you are fully secured; that no one gonna kick you out of your profession. You are free to do whatever you want to rather than listening and obeying someone else.
It allows you to control your work-life balance. If you want to spend time with your family or go on holiday, you can easily manage it by giving responsibility to someone whom you trust.

What are some of the negatives that you would want someone to be aware of when considering joining a family business like yours?

Some negatives are that it is very difficult sometimes to spend time with the family if the workload is more and this may even lead to family disturbance.
Sometimes you need to listen to someone else rather than doing things according to your wishes.
If your firm isn’t making a profit, then all the stress and burden comes to you and sometimes even your employees do not understand your situation and it may lead to chaos that can take your organization into more losses.


Recognition in your Profession

What is your family’s view of your Profession?
My Family is Impressed
What is Friends’ view of your Profession?
My Friends are Impressed
What is Society’s view of your Profession?
Society is Impressed
Overall, how would you rate the Recognition aspect of your Profession?4 Star Rating | MentorClub.in


General Information of your Profession/Business

What kind of family’s financial background can maximize success in this profession?
Small Business (Annual Family Income up to 20 Lakhs)
What is the ease of starting own business in this field?
Very Difficult
How easy is it to move to a different country in this profession?
Difficult
Now you have several years of work experience and you have seen professions of others. If you are taken back to 10th/12th class and allowed to pick a profession, then which profession will you pick and why?
I will just go with my current profession.


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