Member-only story
From a bank cashier to owning a hotel in the USA (1/2)
Life-changing story of a middle-class man making around $55 million.
Lucky Bashkar lives with his wife, son, brother, sister, and a paralysed father.
Lucky works as a cashier in a private bank, earning INR 6000 monthly in the 1980s. Lucky owes INR 36,000 to the bank and other neighbours; due to that, everyone next door is asking for their money back day and night.
At lunchtime, Lucky and his friend used to fill out an illiterate person’s form to earn some extra money. One random day a person came and asked if Lucky could get him a loan of INR 200,000 against his port license, but the port license is not much use for the bank, so he declined. On asking multiple times, Lucky asks about goods the person wants to clear from port, and they have agreed on a 20% profit after selling electronic goods.
Lucky secretly grabbed INR 200,000 from the bank without any legal notice and gave that person, as planned, 20% profit and lent money. After this successful profit, all 3 of them used to do such stuff, and this helped Lucky to give the bank a loan and have some little luxury in the home.
In 1989, a third guy shared that 3 imported cars need to clear, which has the potential to sell 6x in the local market, and asks for 1 million INR. This was a big amount for…
