Zerodha co-founder and CEO, Nithin Kamath, recently shared a heartwarming story about his father-in-law, Shivaji Patil, who runs a small Kirana shop. Despite being worth nearly $3 billion (Rs. 24,000 crores), Kamath finds Patil to be the best example of how to lead a good life. In this article, we will dive deeper into the story and the life lessons Kamath learned from his father-in-law.
Nithin Kamath is the co-founder and CEO of Zerodha, a leading Indian online brokerage firm. He dropped out of school after 10th grade and went on to start his career in the stock market. Despite being a successful entrepreneur, Kamath always finds inspiration from his father-in-law, Shivaji Patil.
Shivaji Patil served in the Indian Army and lost his fingers during the Kargil War. After retiring from the army, he started a small kirana shop. Despite his physical disability, Patil worked hard to provide for his family and eventually became a successful small business owner.
Nithin Kamath admires his father-in-law’s resilience and strong work ethic. In a LinkedIn post, Kamath shared a picture with Patil and wrote, “The best example of how to lead a good life”. Kamath was impressed with Patil’s dedication to his business and his ability to overcome challenges.
Nithin Kamath learned several valuable life lessons from his father-in-law: Shivaji Patil’s success is a testament to the power of hard work. Despite facing numerous challenges, he worked hard to build a successful business. Kamath believes that hard work is the key to success in any field.
Never give up
Shivaji Patil’s perseverance in the face of adversity inspired Kamath. He believes that it is important to never give up, no matter how difficult the situation may be.
Family comes first
Shivaji Patil always put his family first, and Kamath admires him for that. He believes that it is important to prioritize family over work and other obligations.
Money can’t buy happiness
Despite being worth nearly $3 billion, Nithin Kamath finds inspiration from his father-in-law, who runs a small Kirana shop. Shivaji Patil’s story is a reminder that money can’t buy everything, and true happiness lies in the simpler things in life.
Resilience and hard work
Shivaji Patil’s success is a testament to the power of resilience and hard work. Despite facing numerous challenges, he worked hard to build a successful business. Shivaji Patil’s story shows us that with perseverance and determination, anything is possible.
Honesty and integrity
Shivaji Patil’s honesty and integrity have earned him the trust and respect of his customers. His story teaches us that honesty and integrity are important qualities to cultivate in both our personal and professional lives.
Nithin Kamath’s story about his father-in-law, Shivaji Patil, is a reminder of the importance of hard work, perseverance, and family. Patil’s success despite facing numerous challenges is an inspiration to all. Kamath’s life lessons from his father-in-law are valuable for anyone looking to succeed in life.
What is the story of Zerodha’s founding?
Nithin Kamath founded Zerodha in 2010 after facing several hurdles during his decade-long stint as a trader. He started the company with the goal of overcoming the barriers that traders and investors face in India, including high costs and inadequate technology. Today, Zerodha is one of the most popular online brokerage firms in India, thanks to its disruptive pricing models and in-house technology.
What advice has Nithin Kamath shared about quality of life?
Nithin Kamath has shared several pieces of advice about the quality of life on social media. In one post, he emphasized the importance of taking care of one’s health after the age of 35, as it determines the quality of life post-60. He also advised against binging in any form.
What is Nithin Kamath’s net worth?
As of 2021, Nithin Kamath’s net worth is estimated to be around $1.5 billion. He is one of the youngest billionaires in India and has been recognized as a disruptor in the Indian brokerage industry.
What is Zerodha’s mission?
Zerodha’s mission is to empower retail investors and traders in India by providing them with access to advanced technology and low-cost trading services. The company is committed to breaking down barriers and making investing and trading accessible to all.
How has Zerodha changed the Indian broking industry?
Zerodha has disrupted the Indian broking industry by introducing innovative technology and offering low-cost trading services. The company’s success has encouraged other brokerage firms in India to lower their fees and improve their technology, making investing and trading more accessible to retail investors and traders.