An Inspirational Story of Devyash Patel who shares his journey from failing in CPT to starting his own venture with Rs 200 INR and making a revenue of ONE Crore in less than 2 years.
“I am STILL NOT A CA but more than happy to pursue what I LOVE i.e DIGITAL MARKETING. I started my company with only Rs 200 & today we make ONE CRORE plus in revenue. There are a lot of the ups and downs in this entrepreneurship journey the ‘internal joy’ we experience is priceless,” says 23-year-old Devyash Patel, founder at Myonlineca.in, YouTuber & digital marketing enthusiast person from Jaipur, Rajasthan.
“I was a bright student and very passionate about computers since childhood. However, I opted for commerce listening to everyone’s advice. After class 12th I started with Chartered Accountancy (CA) as everyone around me was doing the same.
I enrolled for CPT (1st level CA) and FAILED. Out of all my friends I was the only one who FAILED CPT. It felt really SILLY after all CPT is the EASIEST! I reappeared for CPT and cleared the second time.
IPCC & Articleship Journey:
Then came IPCC (2nd level CA). I cleared IPCC in the 1st attempt itself. I started with my articleship. It was a small CA firm. I learned everything from small accounting task to banks audits etc. All of this was getting very boring. Instead of getting worried, I started developing my TECH SIDE! I would learn and understand new software, research on how other countries use technology to do online accounting work, study about SAP etc.
In 2014 there was a turning point in my life. I saw a book named ‘Life and Promise’ featuring on my facebook page. The author of the book happened to be a CA. I approached him and started selling his book online on a commission basis. I learned basic marketing & sold more than 1000 copies in 2-3 months. After that, I sold CA Metal badges | CA tag custom T-shirts I CA Notes etc
My Entrepreneurial Journey:
My articleship was about to end. It was time for my CA Final exam. However, I knew my passion by now. I wrote a business plan for an ‘Online Legal Service Marketplace Portal’, I learned the basic coding, bought a domain and tied up 30 -40 CA firms PAN India. In Jan 2016 along Ankush Sachdeva, I founded Myonlineca.in and built our in-house legal team.
Today we are one of the leading Web – portals in terms of traffic in our segment with serve over 5000+ clients across India with 2 offices in Delhi & Jaipur. We are associated with leading banks & e-commerce companies, qualified for IIT-K B Plan competition, received official ICSI campus placement invite, have a Youtube channel more than 1 lakh+ subscribers & lot of the other milestones.
Here is my ADVICE for CA Students:
- Just try to FIND your interest or passion. The work which you can do it 24 hours without thinking about the name, fame or money or success & failure.
- Don’t leave your CA until you are not sure about your strength. Just take the very small steps and try to connect with your CA. There is no risk in that.
- Always build your LEARNING ATTITUDE instead of Earning attitude. Work on your skills because experts never have a price tag.
- Find something in your existing field which you really love.
My favorite quote, ‘YOU ONLY NEED TO FIND YOURSELF, EVERYTHING ELSE YOU CAN GOOGLE’, he concluded.