Importance of Education
Name – Ravikant Ghosh
Profession – Education
Designation – Owner and CEO
Organisation – Genius Mind, Samanvay Education and Career Point
Age – 35
City – Bhagalpur
Work Experience (Years) – 14
Under-Graduation – B.Sc (Mathematics), Deoghar College, Jharkhand
Professional Qualification – Diploma in Fashion Technology
Please give us a summary of your Career.
In 2004, I started providing home tuition. I have started my teaching career with three students and gradually it became 300 and now I deal with around 30,000 students around the country. After getting a good response in my tuition, I joined coaching industries for teaching students. I started my own company Genius Mind and along with that, I gave banking and SSC coaching. Then, I got associated with Career Point as a central head. I have got several awards for my contribution to education. And I have also started Samanvay Education, which works on the learning skills of the students. I am also associated with the Bihar Skill Development Mission.
Please describe your current Job Responsibilities.
My current job responsibilities include teaching students. I regularly organize charity works to help the underprivileged children in education. I monitor the progress of students who join us. And I travel for delivering lectures and motivational talks throughout North India. I work on planning and execution on how to study and learn along with the subject matter. Also I keep my students motivated to get an education along with lessons of life. I do a lot of meetings for my work and betterment of education.
Average Income for a Coaching Institute in the current scenario
Starting out/Fresher – 2-5 Lakhs Per Annum
5 Years of Experience – 5-10 Lakhs Per Annum
10 Years of Experience – 20-40 Lakhs Per Annum
15 Years of Experience – 40-80 Lakhs Per Annum
20 or more Years of Experience – 80+ Lakhs Per Annum
How do you rate the Income Potential in your career?
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?
Does your work require you to travel?
Does your work require you to relocate to different town/cities?
How would you consider the job security running a Coaching Institute?
Would you consider running a Coaching Institute Risky?
Teaching profession is highly competitive if you are working as an institute. So, you have to continuously maintain the level of your teaching ability.
Overall, how would you rate Work-Life Balance running a Coaching Institute?
Overall, how would you rate Job Stability running a Coaching Institute?
What are the different ways of starting a Coaching Institute?
Any graduation degree with excellent teaching skills and knowledge of the subject.
How would you rate Stress-Level in your Profession?
How would you rate your office/work infrastructure?
How would you describe your co-workers?
Generally speaking, your work is
Overall, how would you rate Work-Culture in your Profession?
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?
What level of Education is sufficient to be successful in this Profession?
Would you say that Studious students are generally successful in this Profession?
How would you consider the Cost of Education post 12th?
At present, which institutes are best for the education of this profession?
What is the cost of education (post 12th) of this profession at present?
20,000 – 1,00,000 (per annum)
Overall, how would you rate the role of Education in your Profession?
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
The person should be socially active. They must enjoy teaching because if this job is done only for earning money, the level of delivering the content to the students would be different. A good teacher needs to have patience as every student has their own understanding pace. A person must be healthy and physically fit to take prolonged hours of classes and meetings.
What are some of the positives, which would encourage someone to join your Profession?
The work is very respectful. You will be known by the students for years even if you do not meet them again. You will meet new students each year. This field has lots of scope for learning as a teacher with students. The income is high. If you are able to deliver fantastic content, you will soon become famous among students which will ultimately upgrade your income. If you love traveling, you might travel to big cities as well as remote areas to deliver your educational content.
What are some of the negatives that you would want someone to be aware of when considering a career in your Profession?
Starting your own coaching institute is highly competitive and needs initial funding for the infrastructure. Your work-life balance can get affected because of your regular traveling, meeting and prolonged hours of classes. You have to continuously be active and fit for taking classes and delivering lectures. You cannot neglect your health or indulge yourself in negative lifestyle habits. A teaching profession requires your time.
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?
General Information of your Profession/Business
What kind of family’s financial background can maximize success in this profession?
It Doesn’t Matter
What is the ease of starting own business in this field?
You have to prove yourself at your initial stages itself to grow your popularity and business. This whole business is outcome-based. If you are unable to provide the desired outcome, your market image can rapidly degrade. You have to be good at your behavior and attitude. As you will have to deal with parents, students, and co-workers on daily basis.
How easy is it to move to a different country in this profession?
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 would choose to be an educator again because this is the only work which I have enjoyed doing the most. I have done a lot of part-time jobs and in the end, I found that the teaching profession is best suited for me.