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Sunday 24 July 2016

10 Facts About Ramesh Babu- Who Owns Many Luxury Cars

Read out the inspiring and adventurous story of the Poor Barber.  Ramesh Babu bought a Maruti van with his meagre savings in 1994. In 2016 he has a fleet of more than 200 cars. Now he is a famous millionaire barber and used this title to introduce himself in recent ted talk. There is some unknown fact about the Ramesh Babu is given below. Ramesh Babu, The Barber who became a millionaire. Read out the 10 Facts About Ramesh Babu.

10 Interesting Facts About Ramesh Babu:-

1. Ramesh Babu was born into a poor family in Bangalore. His father was a Barber and died in 1979, when Ramesh Babu was just seven years old.

2. After the death of his father, his mother started working as a maid. Ramesh Babu's early life was spent in a struggle for survival.

3. Ramesh Babu's uncle had a saloon business on road side which he took to running. He would give five rupees a day from that. He used to work at saloon till evening.
 4. When Ramesh Babu was in middle school, he deliver newspapers and milk bottles for the little extra cash.

5. He bought a Maruti Van on loan in 1994. He had to mortgage his home to take loan.

6. There was a house in which his mother used to work as a maid. The owner of the house gave her advice to start car rent business so that at least EMI can be recovered for van. The names of the house owner is Mrs. Nandini, She helped him in getting his first client.

7. In 1994, he took the business seriously and bought six more cars till 2004. In starting he did not get much success because of competition. 

8. In 2004, he decided to bought a BMW car for the rental business. Everyone advised him not to take big risk like this. He thought of getting luxury car because that is something that no one else was doing. He was the first person in Bangalore to buy luxury car of 40 lakh rupees for rental business.

9. In 2011, he took another big risk. He bought Rolls Royce for 4 crore rupees. Many people warned him about the scope of failure against buying such a tremendously expensive car. It's has been three year since, and it has proven to be tremendously popular.

10. Ramesh Babu still work as a Barber. He charges only 100 rupees for hair cut. Now, he owns a fleet of 200 cars. Ramesh Babu has 75 luxury cars like a range of  BMW's, Audi's five and ten seater, Mercedes, Luxury van and Rolls Royce.

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