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Work-Life Balance

Job Security

Income Potential

Work Culture

Importance of Education

Recognition

Profile Details
Name – Ashok Kumar Saluja
Profession – Medical Store Owner
DesignationProprietor
Organisation – Saluja Motors & Punjab Medical Stores
Age – 54
City – Kolkata
Work Experience (Years) – 28
Professional Qualification – Diploma in Electronics, University to Kolkata

Please give us a summary of your Career.

I started my career in business at the age of 18 under the supervision of my father. We were trading automobile spare parts and accessories at that time. I was given the responsibility of looking into the marketing and purchasing aspect of the business. Gradually, I started to expand the business from retail to wholesale and recruited new staff to help me out. After a few years, I started a new medical shop by the name of New Punjab Medical Stores at the premises next door. I started this business with a paltry amount, but due to sheer grit and hard work, I have been able to compete with my fellow competitors.

Please describe your current Job Responsibilities.

I begin my day by opening my office premises at 9 am and perform my morning puja before I start my daily business activities. I start my day by preparing the order list of the sold products of the previous day and keep a look for the current status of the stock in hand. Being the store owner, I have to maintain the inventory throughout the day and see new ways of how to improve, improvise, and expand my business to reach new heights and achieve new goals. By starting this medical business, I have gained a lot of knowledge relating to Medicare, the medical sector relating to hospitals, and clinics. I have learned how these institutions function, the usage of medical software, and maintenance of medical software and inventory through the software programs.


Average Income in this Profession in the current scenario

Starting out/Fresher – 0-2 Lakhs Per Annum
5 Years of Experience – 2-5 Lakhs Per Annum
10 Years of Experience – 10-20 Lakhs Per Annum
15 Years of Experience – 20-40 Lakhs Per Annum
20 or more Years of Experience – 20-40 Lakhs Per Annum
How do you rate the Income Potential in your career?
4 Star Rating | MentorClub.in


Work-Life Balance

On an average, Being a Store Owner, how many hours do you work per day?
More than 9 hours
On an average, how many days in a week do you work?
6 days
As you are the Store Owner how often are you required to work in night-shift?
Never
Does your work as Store Owner require you to travel?
Never
Does your work, being a Store owner, 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?
Maybe

Well, switching from my secure profession to a completely new profession is a little dicey, may be 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?

In my profession, no particular degree is required, but basic knowledge regarding your business activities is a must


Work-Culture

How would you rate Stress-Level in your Profession?
As it should be
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?
3 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 of this Profession?
Yes
What level of Education is sufficient to be successful in this Profession?
Graduation in Relevant Stream
Would you say that Studious students are generally successful in this Profession?
No
How would you consider the Cost of Education post 12th?
Expensive

Overall, how would you rate the role of Education in your Profession?
4 Star Rating | MentorClub.in


According to you, what kind of person is likely to be Happy & Successful Store Owner?

First Personality Trait – Energized by people, enjoy a variety of tasks and good at multitasking
Second Personality Trait – Focus on facts and details and apply past experiences to come up with practical solutions to problems
Third Personality Trait – Prefer to make decisions using logic by weighing pros and cons
Fourth Personality Trait – Prefer to be organised and stick to plan
Fifth Personality Trait – Prefer to seek new experiences and create new things
Sixth Personality Trait – Prefer to be self-disciplined and organised
Seventh Personality Trait – Prefer to be just and fair and not try to make everyone happy
Eighth Personality Trait – His/Her Family and Friends agree that S/he is usually relaxed, calm and happy
Please provide details

I am a very calm,cool& responsible person with a lot of composure. I am very happy going person but won’t take any nonsense from anybody.

What are some of the positives, which would encourage someone to become a Store Owner?

  • Your mental peace – When you reach home after a long day, you will feel satisfied that the day went well.
  • Sound & secure income: The profits are reasonable in this business and this is enough reason to make you feel better and secure. Moreover, it is a respectable profession from where you have access to a lot of prominent people & personalities. You are also providing humanitarian service to the people around.

What are some of the negatives that you would want someone to be aware of when considering a career as Store Owner?

The negative feedback which I can provide you that it being a store owner is a tiring profession. Working for more than 9 hours a day takes out a lot from you. Moreover, your social life becomes nil. You won’t be able to meet friends and socialize with them except on holidays. There are credit hazards as well. You have to provide credit to your clients, clinics and hospitals, which can often end up in bad debt. Money is there in this profession, but you have to slog it out.


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 Neutral
What is Society’s view of your Profession?
Society is Impressed
Overall, how would you rate the Recognition aspect of your Profession?
5 Star Rating | MentorClub.in


General Information of your Profession/Business

What kind of family’s financial background can maximize success in this profession?
Medium to Large Business (Annual Family Income upwards of 20 Lakhs)
What is the ease of starting own business in this field?
Very Easy. You need Investment and Infrastructure.
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?

Since I have been in this profession for a very long period of time, I am going to stick with this. I may not be able to give you a clear answer, but If go back to the past, I would become a DJ or RJ and have a more socializing & relaxed life.


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