i mean two minds cannot be alike where kids are also concerned you can't just two minds will think differently also in their upbringing but then we come to terms and we could we we we discuss it that what is right and what is wrong and that's how it that's how it works do you feel a masculine mind and a feminine mind are very different of course they're different so as a guy keeping that masculine mind in in insight what do you have to do for a successful marriage as well you have to also understand the other person's point of view and uh and the first thing is you should be very open about that if you think you're wrong you should just open up to it apologize and get it over with then it works if you if you stick by your egos then it's not going to work so that's the main thing and what would you say and you should always start not just marriage anyways in life you should if you've done something from my point


life you should if you've done something from my point of view you must have done something wrong but i need to understand from your point of view why why did you do that okay if you try to understand that then you can figure out and have have a healthy argument that what is right and what is wrong oh i hear you are you that same couple that sings i all still died not in real life you were never that couple i all i all love you david uh i am not a very very uh physical person i would say okay uh i care for people i i care a lot and i show it in different ways so but love keeps growing as the marriage keeps going further i think love transforms into something else partnership partnership responsibility caring i would say and and that i would say is more stronger than love because if it's only love then it's not going to last you know why i'm enjoying speaking to you you're very easy to talk to you're like a very


very easy to talk to you're like a very kind person yeah i don't know i i came into this conversation thinking that it's not going to be the easiest conversation but you're making it like really easy for me and you're just being chill about answering these questions what do you not like being asked actually nothing you're okay to talk about anything no no no i don't like being asked at all why do you dislike these interactions there's a lot of i don't know i'm a very introvert person i i like to keep things to myself and if i i'm thinking about something and i'm hassled about something or some processing something in my mind i can't open up to people and talk to them that is that is one of the one of the problems which i don't like about myself so yeah so it just cooks inside my head but i i cannot open it up i cannot uh how do i put it i can't yeah huh i can't express but you you know what's happening


can't express but you you know what's happening in your head i know what's happening in my head so what happens when you're trying i don't want to express maybe i i just want to sort it out myself i just become aloof and i just handle things my own way uh i don't know why but it has always been like this how do you how do you kind of give yourself mental relief and i tell you why i'm asking you this millennials have a lot of mental health problems and that's because there's so much chat about mental health online we also tend to kind of know the solutions there's therapy there's seeking professional help yeah i know that i haven't i'm not telling you to go for that no no no i'm just uh there's also there's journaling there's writing there's things like meditation but uh do these thoughts ever cross your head uh i've tried therapy but it doesn't work for me again i can't open up but i can sort things in my


can't open up but i can sort things in my own head so there's nothing wrong with me basically so i sorted out myself i mean i trust myself more than i trust anybody else to sort it out so uh i i can manage it on my okay okay let me ask you an exercise that a psychologist taught me okay without thinking too much like give me very fast answers just name three animals a tiger a horse and a dog okay so i don't know how true this is but they say that the three animals that are at like the surface level of your mind the first one is what you like to show yourself as to the world which is a tiger the second one is how the world perceives you and the third one is what you are actually on the inside and i've done this exercise with a few people and i feel like that's true to a certain degree and of course it's very subjective right i'm sure does it make any kind of sense to you yeah so now your point


kind of sense to you yeah so now your point of view explain what what tiger singham okay power image okay right and a horse that you keep doing things you're a hustler you're a survivor it's not easy to maintain your relevance i've been in this industry for six years and i know how traumatic the fight for relevance can be you're part of the media industry it's even more but that's what i see about even as a kid like when i was seeing goldmal you know it's like i've seen you since the time i was a kid like my first movie memory is probably ishq and i'm seeing you on golemal as a teenager then i'm seeing you in singham now i'm seeing you in a movie or directing you know that's that's horse energy that's probably how the world perceives but the third one your core maybe maybe you're just a very loyal person to your craft that's why you said dog because i know you have a love for cinema i have love for cinema


a love for cinema i have love for cinema and i'm very loyal to the people i care about that's the core of you okay cool i i have to ask you this question so we've had abhishek bachchan on the show i've interacted with rohit shetty and the one word used for they've gone is mentor big brother why do you help people and why do people remember you like this in the industry well i like i told you i'm if i like somebody then then i'm there for them all my life you know whatever happens and loyalty yeah loyalty and uh i feel i care for them then i would like to see them grow i would like to see them uh uh reach their full potential why has rohit shetty become rochette he's a very hard-working boy he when he came he was very young he was loyal he was he still is and [Music] he picked up the craft very fast of direction of everything of in this industry and uh and he worked very very hard i


industry and uh and he worked very very hard i mean he is one of the most hardworking boys i've ever seen and we got attached i mean i liked him the way he was in a brotherly way yeah and then uh and then and then we've been together since then since you joined in and uh and that's how things grow and then you know when you when you when you start caring for somebody and you treat him like a brother and you know there's fondness and you know he's a hard-working boy then then it becomes like family so he's family now but he's in another orbit in terms of director brands yeah he's an iconic director but i don't know i don't think there's anyone who's reached his level of brand maybe karanjor yeah but what has he done to break out into that according to you that's what i'm saying it's hard work it's just hard it's just hard work and also uh he's also somehow against the uh he's not into okay i'm


somehow against the uh he's not into okay i'm gonna make niche cinema i'm going to go here i'm going to go there he just believes in entertaining the audience he knows the pulse of the audience and he's very clear about what he wants to make and how he wants to entertain people and that's period so that's that's something very fabulous about him so uh when we when when we're shooting also we don't question him about what the audience wants because we're sure that he knows though everybody anybody can make mistakes but he's not faulted at all so you know there's a lot of young actors directors watching this you're a producer you're an actor you're a director what would you like to say about the industry in general what should people know before they entered what should people know why are they in it in order to climb if you had to do a live mentoring session no i see i'm i'm nobody to uh tell anybody what to do everybody


nobody to uh tell anybody what to do everybody everybody has their what they want to be is it depends on what they want to achieve uh if somebody says i want to be an actor i say i my first question is do you want to be a starter and or an actor so you have to be very clear about why you is it your passion is is it your talent or you just are loaded by stardom so if it's just stardom it's not just gonna work so this this place can be very harsh but it is very easy going also uh it depends on how you are and how you accept it one thing i would say is you require a lot of hard work and in return what you're going to get you don't know because so don't don't don't expect that you know overnight i'm going to be successful or it's it's going to take time it depends on how passionate you are and sometimes not also i'm not saying all talented people get successful or successful people are


all talented people get successful or successful people are talented you know it's just i think somewhere it's just your luck also maybe i would say because i mean the topmost 8 10 12 actors in the industry and surviving and look at the population of the country and most of them want to be actors so there is some x factor also there but hard work and your talent is the most important thing and what you want to be and what you want to achieve it's very important you you can't just say i just want the stardom but i don't want to work for it you know you have to be a good actor first you have to uh you have to live your life in a different manner do you know jaydee by this he's a web series actor yeah and uh with podcast it is intrusive like a podcaster has to go into the other person's world and mind so i've seen like about 300 great minds right now and the one reference point i'd have for you in terms of your mind


point i'd have for you in terms of your mind who you are as a person is very similar to him i mean he's very passionate about acting and that's what i love that you said that lots of people enter this industry to become stars very few are passionate about the craft yeah do you think that's the reason you've also survived because you just enjoyed this so much of course of course i i think so i mean uh because when you're passionate about it you learn you grow and uh you will make your mistakes you will there will be ups and downs but you don't give up and that's how you survive what do you sacrifice to reach where you also lots of things you sacrifice but uh you don't even know it's like it's like it's like simple uh very simple that uh i mean the the most simplest thing i would say is that you have to be uh on a not exactly a particular diet but you have to consciously know that you can't gain weight you


to consciously know that you can't gain weight you can't do what other people do you can't uh you have to i mean you have to you can't speak your heart out so many times you see you can't because because it's not our job it's it's there are so many issues uh happening in the country and things like this we choose to speak we don't choose to speak also because they are taken very differently they are if you're trying to be honest about something about what you feel also sometimes it's taken in the very because there are two sections one whatever you say you will have a backlash you know there'll be fifty percent who will be with you fifty percent know so that the other fifty percent is also a huge chunk so you are scared of that also you know it's not very easy you want to you want to so many times so many times people say why are they quiet why aren't they talking about it uh this has happened that has happened because there is


has happened that has happened because there is a reaction to everything you say good there is a reaction you say bad there is a reaction there is a reaction to everything something happens in the industry a person does something but the whole industry is a you know does it happen in any other industry no no you can you but you read a newspaper or you say somebody was got an xyz crime or something they don't blame the whole industry they blame that person this businessman or this guy or whatever this cop but everybody else is not blamed here one person is representing the whole industry whoever and maybe that person is not even part of the industry he is a so-called actor who's a struggler you see but the headline is actors i see where the stress comes from it comes from partly the negatives of the limelight yeah so you people will not understand when you're successful uh array and cook a problem they have everything in life but everybody has problems everybody has issues uh so they will


has problems everybody has issues uh so they will so they are not for you when there is a problem as long as you're entertaining them you're fine the moment you say something against them against a section also they will retaliate i think the sort of a version of people view famous folks as superheroes so when a superhero kind of makes a mistake see even they're humans obviously there's gonna be mistakes yeah exactly but the mistakes made by a superhero are attacked yeah that's what that's how i look at it exactly so we can't afford to make mistakes we can't afford to say one word wrong which is where you have to pressure builds up too much pressure obviously too much pressure now speaking about pressure you've built out a legacy like for me aj they've gone to them you know that that's the image of you in my heart yeah but nobody can be single no in real life you're you're single no i'm out of you yeah that's besides the point that's


out of you yeah that's besides the point that's that's an aspect of me uh and maybe of the character not even me i would say but then everybody has fears what i'm admiring about you is like i can totally feel the introvertedness and i still appreciate you yeah kind of opening up so much so i also want to ask you um in terms of being an introvert you're one of the first introverts i've actually had on the show i feel very few interviewers we had in the show how have you made it big in a people-oriented business by being an introvert see i don't understand that now people keep telling me that and when when i started also and till couple of years back they they were always saying uh you're not fit to be in this industry you should go out market yourself more uh be seen in parties and you know mingle with people and things like this and i never believed in it i i am not going to change myself for something else i mean


not going to change myself for something else i mean i believe in myself i think that i can achieve if i have a little bit of talent i will achieve what i want to achieve and how much ever i achieve i'm fine with it you know at least i know that this is only on talent and not on any uh manipulations and calculations and things like this so i never i i never wanted to change myself and i'm still the same and i would like to be the same but do you have any advice for a very young introvert person who's trying to make it big in any industry would you advise me just stick to the craft and work on that of course i think stick to the craft don't change yourself don't the moment you change yourself you will start disliking yourself you're not going to enjoy your job because that's not who you are you're becoming something else somebody else and going on set meeting people which is what you're you're not and you're not


which is what you're you're not and you're not going to enjoy what you're not so you need to be what you are if in the long run you need to be successful so you're saying like stay comfortable in the head so otherwise how are you going to do a good job if you're not comfortable the first thing is i mean if you're not going to enjoy what you're doing right now how are you going to do it no no i hear you you've got to have fun in the long term that's you know snoop dogg he's a big rapper he's always someone who sustained like through the 90s 2000s 2010s someone asked him that how have you sustained for so long he's like i just have so much fun doing this exactly exactly so that's the version of what you're saying as well i see films work films don't work uh people take them very seriously and uh people make you take them very seriously also they write about you they talk about you so i


they write about you they talk about you so i really believe that that is something which is not in your hands so at least when you're working at least enjoy the process of that work because the outcome of that work is you're not going to enjoy good or bad whatever if it's good there's going to be more pressure for the next one and if it's bad you're going to be sad so might as well enjoy the process something you need to enjoy in life yeah so you enjoy the process are you enjoying that your next film is coming up where you're also direct so i'm working very hard i love the hard work and i'm enjoying the process i would say really uh i'm because i know when it releases on the 29th uh that is where i'll stop enjoying because i would want to know what is going to happen now how people can react to it so till the 29th let me enjoy it there's a sparkle in your eyes when you talk about it your next film


your eyes when you talk about it your next film is that with like every film or is it just this yeah the most most of them most of them yeah but sometimes you really know that uh something has gone wrong it's not gonna work uh deep inside you know that and something something you're excited about because you know that things have fallen into place and uh you just keep your fingers crossed that people like it why should people go watch runway 34 that is for them to decide for one okay i i would say that uh it's something very different very very interesting uh it's it's a thriller genre uh where it is not that once you know in the end what has happened uh it's over it's it's the process you enjoy and it's a very very interesting film very very interesting so it's a great script uh i think people should like it okay okay cool i have to ask you some pertinent questions which i wanted to ask you you know forget the podcast just as a person because i have


forget the podcast just as a person because i have followed your journey for a while um i feel there's this whole like secret spiritual side to you uh and keeping that mind i wanna ask you for you after you've seen fame you've seen money you've seen sustained success what does the meaning of life become like when you wake up and why why are you living life why are you working so hard why are you even taking that pressure no i'm not uh see yeah uh eventually you're not working hard just for money okay yo like i like like i said earlier you you are working hard because you enjoy it i love the process of work i love my craft i love my work and i feel the moment that's gone uh you're finished you will age as very fast i mean because and i don't mind sitting at home doing nothing physically and mentally you'll start aging so you need to i really tell people i said i say however old look at mr bachchan i'm sure the day moment he


at mr bachchan i'm sure the day moment he says i quit he'll he'll age so fast but right now he's at work he's got the energies what we have not that it's it's it's normal it's not normal it's here it's here the kind of work he does and uh the kind of passion he has he has for his work uh we can't match him we still can't match him so the moment you quit like in singapore they have been restless rust you know so when i go to when my daughter was studying there so i used to go there very often so there is there is no retirement they ask you to work till you die so here there is a retirement at 65 whatever 70 whatever different different sectors there you see a 90 year old man you know what they make them do is they say you should come for work they make him they you go to you go to any super supermarket or any store they're sitting on their counters just taking money they're not even doing


their counters just taking money they're not even doing the walking around job but they're so happy doing it you see people age here and they're sitting at home and the things you're saying is like that horse thing we spoke about yeah exactly that you're doing things exactly that's how the world looks at you as well you're born for it what are you born for to just sit idly you're born for some reason i mean you believe in a power up there or no i don't know that's that's people's uh people need to decide for their themselves but uh there has to be a reason that you're born you're born to do something in life you have you want to be useful at least to yourself if you're useful to yourself then only you can be useful to others so how do you how do you be useful to yourself by by contributing by working by by doing something or the other any kind of book you need to work but so when you were starting out in the


work but so when you were starting out in the 90s what were the mentalities in your head did you know all the stuff that you're talking about right now in terms of hard work waking up with purpose no no it's the process of learning in fact i started with the attitude that uh honestly uh i was more into direction i was an assistant director i used to go with my father i used to edit i used to do all this and my father wanted me to be an actor so i was like ah he's saying we'll give it a try but if it this first film if it works fine if it doesn't work i'm not going to move around with my portfolio i'm going to go back to what i was doing so with that attitude i started but once you know the first film worked itself then the responsibility started and then you started enjoying it it's a process it's a process for everybody so i was also like the other 18 19 year olds and 20 years old so it's the


19 year olds and 20 years old so it's the same thing why do you think he wanted you to become an actor i think he's he's he had a very hard time he he he when he was 12 or 13 he ran away from his town punjab and defying his family and things like this and then he had no work here he started washing cabs and you know living in cabs and then he became a carpenter and then you know it's a very very long then then he became a fighter and uh and that's how it's he's gone through he went through a lot a lot and he reached the kind of success he had and the kind of respect he had in the industries hardly anybody else who achieved that uh so he always felt that you know i should be ahead of where he was there's a lot of that in you like the honesty with the work i feel like he's had that's what he stopped me what did you pick up from him the most important thing is


you pick up from him the most important thing is never cheat your work integrity integrity never cheat your work be honest to your work and do not bother about what people are talking about what are you passing on to your kids trying to do the same thing that's the core that is the core i feel because that's worked for me and if i uh i think that's that's the legacy which i would want to give them if there was only one lesson you could pass on to them out of all the lessons what would it be sim integrity integrity and uh hard work do you want them to get into films no whichever whichever wherever they go i mean i can't i can't i wouldn't want to ask them to do this or that whatever they want to do but they have to believe in it and they have to work harder they have to be honest to it what about kajol does she want them to get into films no she's also never spoken like this we don't believe in


also never spoken like this we don't believe in that we believe whatever they want to be we will help them what do you do to chill oh i watch a lot of otd and you know relax and spend time with my children and things like this so wha what what are you watching now like what what's caught your mind uh i'm looking for a show here can i suggest something yeah please should watch a show called succession obviously i've just finished that okay cool uh euphoria is the new teen drama uh it's short yeah but i feel it is teen drama so i'm not i had the same opinion you should just watch it for the cinematography and the art and and see where gen z is taking its art and what they're following and it's very different from any other generation because short content has changed mind so much the people's attention spans are like yeah yeah yeah so how do you keep them gripped to a story it can't just be the story it has to be things


can't just be the story it has to be things within it and for me personally i recommend that every man watches a show called dave it's about a rapper and how he builds his own career and i know that the subject matter may not be interesting but each episode is about a different emotion that a man faces okay uh and it's often related to insecurities okay so insecurity is about everything from penis size to bank account size to friendships exactly totally yeah and just an essay on that but it's it's helping a lot of young guys all over the world come to terms with themselves maybe like one last question for you on this conversation two last questions firstly did you did you not enjoy this it was good it was fun yeah okay i did i actually did okay i'm glad uh this was this was not an easy conversation for me uh it started why would you say that uh my job is to go inside people's minds i i sense your garden and that's perfectly fine i accepted


sense your garden and that's perfectly fine i accepted it yeah but i did i did i did a lot of things i'm sure i'm sure you opened up more than another conversation of course i did uh pardon me if i crossed a line with you that's fine it's that wasn't my intention at all i feel there's a lot to learn from you like i hear people saying incredibly positive things about you and i was trying to get to the core of that why why do people say so many positive things what's inside the head so for me what i've gained is stamina like that horse mentality yeah what you said about your dad with integrity yeah uh one final question to you so why do you have that shiva tattoo and you know why is why is shiva such an important i mean i don't even remember when it started or how it started it's always been there it's always i just i just feel a connection and that's that and i don't tell people also what they should do


and i don't tell people also what they should do or what they should not do but uh it's my connection and and i i i feel very very comfortable and uh i i get a lot of strength from it i would say mental strength from it no i hear you there's a concept called ishtadev in indian culture which means that when you close your eyes and you think of the word god what do you see and for different people it's different for someone it's like a ball of light for someone it's jesus christ for someone something else for a lot of men in india it is shiva and i would say i would put you in that same category and they often say that people who choose shiva want an element of detachment in their life like that's what you're trying to gain out of it somewhere that's what people keep telling me also that you know you look detached yeah i i sense that from you like that you're you're at it with your work you're giving it you're all with


with your work you're giving it you're all with integrity but there is a sense of detachment so so somewhere yes deep admiration uh i appreciate you opening up to the degree that you opened up maybe on a second chat with you will remember this chat we'll take it forward from here yeah we'll take it forward from you i really appreciate uh speaking to you learn from you thank you so much thank you thank you awesome thanks so that was the episode for today all i want to say in this outro is that i really want to do the part two of this conversation i'll tell you the honest um situation when it comes to bollywood podcast is that we only get the availability of guests when movie releases are around the corner and usually they're a little short on time this was one of those situations i know that when we get a lot of our guests for the second time it's going to result in a much richer much deeper conversation the deal with podcast is that you have


conversation the deal with podcast is that you have to hit the 45 minute mark you have to hit that one hour mark to really get the best out of guests in saying that i think ajay devgan so himself is slightly introverted as a person and this is honestly as deep as he's let anyone go in a conversation with him my intention next time is to go even deeper as intrusive as that might seem remember for deep conversations just like this follow us on spotify with spotify exclusive which means that every episode is available on spotify 48 hours before it's available anywhere else in the world this is ajay devgan on the runway show and we'll be back very soon [Music] you


one thing which i've taken away for the wealthy is that they're very serious about growth they make sure that the money is compounding over a long period of time in the u.s by the way that people are running out of money in their older age people are running out of money because of bad planning or because of inflation no they didn't factor in the fact that they will live so long oh [ __ ] what do you think uh adani and mukesh ambani do with their own money and by that i mean not reliance is money or adani group's money their own money as men now this countless content pieces on youtube on spotify where you can learn about money but it's these kind of conversations with experts from the world of finance people who manage money in the range of 50 000 rupees in savings to 50 crores in savings per month that's the experience the financial know-how of our guest today it's sandeep jaetwani on the show his startup deserve dot in is a modern day portfolio


his startup deserve dot in is a modern day portfolio management service personally for me most of my money is handled not by myself but by portfolio management services i trust this man enough to give him my own money he is handling some of biceps media worlds funds that's why i thought that on this episode let me give you guys access to someone who has given me financial advice someone that i trust my money with it's gonna be a very raw and open conversation about everything from how the richest in india manage their money to how you can manage your money even if you're just beginning your career right now it's a financial education special on the runway show for more episodes like this follow us on spotify or spotify exclusive which means that every episode is available on spotify 48 hours before it's available anywhere else in the world this is sandeep jthwani of deserved dot in on the ranveer show enjoy yourselves [Music] mr sandeep jaitwani welcome to the ranveer show thank you


jaitwani welcome to the ranveer show thank you ranveer amazing to be here man and i love the setup that you have here no thank you dude on this show we have only two themes very raw emotional vulnerability wow or smart sindhis who come on and teach us about how to make more money so welcome these will never tell you how to make more money they will tell you how they can make money no sure i mean i all the best financial advice i've always gotten from in my life is from the sindhi and what was that you know it starts with basic [ __ ] like begin doing something with your money and you hear that as a teenager when your sindhi bros are already making money and you're like what is happening here i'm playing these video games they're making money then it becomes oh you know you need physical assets don't just do mutual funds then it becomes something else instead of real estate do reits so there's different versions of it man yeah i


so there's different versions of it man yeah i think uh cindy's always under pressure because people are always asking them how to make money and i'm not sure we know so much about it so uh the outside perspective is that you all know everything man so this podcast we're calling it how rich people make more money you're giving me a really interesting data point outside the balcony when we were talking to each other but i also want to give some context here to the listeners you handle a lot of people's money uh you're basically if i mean i'm boiling it down too much you're sort of in the wealth management space in the modern day wealth management so you're also in the fintech space i feel you have access to a lot of data you have an incredibly smart team for me these conversations are a lifelong habit to just become better with my understanding of money yeah i think people need to get serious about their money i think there's a lot that's changing but uh yeah so very


a lot that's changing but uh yeah so very happy to have this conversation let's start off with the data point you gave me outside so that listeners know where india's at when it comes to the world of finance you know so the uh the strange thing about india so there's this concept of a ginny coefficient a genie coefficient tells you that how much is the concentration of wealth in the hands of a few people right and i'll just like simplify this uh so the top one percent in india two decades ago used to own 23 of india's wealth so what what does that mean like one percent of india was owning one fourth of india's wealth right so that's a lot of concentration in the last two decades this number of 23 percent has moved to 33 so now the top one percent on one third of india's wealth now what's happening here right wealth is getting more and more concentrated in the hands of a few people what are these guys doing right with their money


people what are these guys doing right with their money that folks like us are not doing and one thing they obviously do is they own assets which earn for them right they earn their own businesses they own esops instead of just renting out their time so if i'm in a job and that's all the salary is the all the money i make i'm in a sense renting out my time to my employer right i give you my time you give me money right but these guys are owning assets that are actually growing so that is the biggest difference that the wealthy in india are doing or globally also is that they are owning growth assets they are owning assets in which they put in money which over a long period of time will actually multiply in capital and that's why it's very very important for us also to ensure that we have growth assets in our portfolio india is in a transition phase for a long time and you spoke about it right everybody would tell you buy a house put money in


everybody would tell you buy a house put money in an fd etc that was okay at the point at which we were trying to maintain our wealth but now that we have to grow our wealth you need assets which actually will compound over time equities alternative assets et cetera so i think that's one thing which i've taken away from having managed money for the wealthy is that they're very serious about growth and it's not just something that they get they make sure that the money is compounding over a long period of time gotcha do you watch black mirror on netflix i haven't but i've heard so much about it okay you know what the show is about yeah it's about futurism technologies that are around the corner yeah how they're gonna enter lives and probably mess it up for us yes so uh black mirror talks about uh elongated lifespans in some of the episodes right and generally futurism is one of the subjects i study a lot we are heading towards the future where our lifespan


we are heading towards the future where our lifespan is actually going to increase a lot more we won't die so here's something i've thought of a lot a lot of worldwide intellectuals have also spoken with this concept and even ronnie's cruella spoke about this on the show he said that now your life has become a lifelong college where you have to keep learning things correct uh 60 is the new 30. uh so you know usually people looked at age 60 as one of those points in your life where you stopped working amitabh bachchan case made most of his current wealth after the age of 60 correct uh but this is gonna become a reality for all of us yeah they say anyone born after say 1980 is actually in for a very long life yeah that got me thinking about personal finances so uh personal finances used to scare me eventually i learned that you roughly need about three crores for crows to live a lavish life in bombay but what is the truth about uh this


in bombay but what is the truth about uh this whole scenario man like for a college kid watching this or for a young professional watching this yeah how should they look at their lifelong finances you know i think uh there was a point in time when we could just like save more money and that would be okay so let me just put it in context right when i was born in 1980s the average lifespan of an indian was 50 years and you realize how short that is right i in in 10 years i'll be 50. so that would be the average lifespan of an indian uh four decades ago today the average lifespan of an indian is close to 70 years and in about say 10 or 15 years that number will be 8085. a lot of us here or watching this will probably live to the age of 90 or 95 right now to have a decent life at the age of 65 onwards and if you're living till the age of 75 10 years you need about a crore


age of 75 10 years you need about a crore which will also grow a little bit you're keeping inflation in mind keeping inflation in mind keeping in fact that see if i retire at 65 and live till the age of 90 i have 25 years ahead of me okay and you're already seeing this in the u.s by the way that people are running out of money in their older age right uh us has social security india doesn't have social security what do you do we don't have pensions and stuff like that right people are running out of money because of bad planning or because of inflation no they didn't factor in the fact that they will live so long oh [ __ ] okay right and in a sense it's a good thing that medical science has evolved to keep us alive for really long but now what do you do when you had you hadn't planned that in your so conventional retirement logic is like get to one crore this 15 15 15 rule everything is built around getting to one crore


15 rule everything is built around getting to one crore but today now we'll have to get to let's say five crores or in dollar term say a million dollars which is about seven odd crores that should become now the new target now that has implications on how much we save saving is very important but how we invest what we save is becoming even more important than it ever was okay so let me put you in the spot mr jaetwani uh i'm gonna give you a little game to play sure let's take 5000 rupees 50 000 rupees five lakh rupees and five crore rupees as your monthly savings so say a student or just a young professional is able to say five thousand rupees someone who's slightly older is that fifty thousand an established professional is able to save five lakh rupees and say uh mega businessman is able to say five crore rupees every month yeah and all four are coming to you give me the case a b c d of what you would do as


a b c d of what you would do as a money expert with that money so now to answer the question about see that as as your quantum of money is killing what needs to also scale is your ability to tolerate risk right when i have five thousand fifty thousand uh to invest every month the first thing should be that my emergency fund needs to be covered right god forbid something happens to me my job etc there should be enough money for my family to manage lifestyle right and which means that first i will fill the emergency fund bucket so therefore somebody who's five thousand should potentially be filling up that bucket with all the money that they have right whereas somebody who has five lakhs or five crores has probably already filled that bucket and therefore the money that they have is all available for them to grow what's a good number for an emergency fund again very dependent on the quality of life you want to uh retain right i'm assuming emergencies are for medical emergencies like what are


emergencies are for medical emergencies like what are the emergencies can there be i lose my job uh and then i have to pay for my family's food for food exactly rodi kaplan school fees etc so uh so that differs for different people i the the rule of thumb is having six months of your lifestyle expenses uh is a good place to start where you ensure that at least six months is there safely parked away god forbid something happens i have that so somebody who's saving 5000 strong recommendation first fill that bucket right but by the way we don't see this right we see this gambling thing happen right and you start seeing a lot of trading and all of that stuff crypto lately etc right so that that's what happens shouldn't happen instead just get done with your emergency bucket get your insurance all of that in place so that you're in a comfortable place now you want to start figuring out how to grow my capital and that's where this becomes important and how much


and that's where this becomes important and how much risk can i tolerate right so let's break it down into phases right step one you said take care of your emergency bucket step two figure out what is the risk you can tolerate and accordingly decide how much growth assets you will have right so if you're wealthier and you can tolerate a lot of risk by all means buy more growth assets right which will compound which will get you to that five crore six crore number which you need at retirement to live a really good life for the next 25 30 years right if i'm saving say five lakh rupees a month i would probably be putting more money into equity mutual funds etc which will compound over a period of time if i start saving let's say a crore a month i'm now talking about investing in pre-ipo uh early stage late stage startups etc global assets which will potentially multiply my capital even further what are global assets so uh you know there are many ways to diversify your


you know there are many ways to diversify your money today most indians have all of their money in rupee assets like everything exposed to india right but globally there are interesting opportunities and we do that on our platform where there are interesting opportunities available outside of india basically um the richer you get the more options you have in terms of investing your money okay what you invest in is totally dependent on your own risk appetite and many other factors like your age etc but if you boil it down to even like further basics uh when you're saying at that fifty thousand or five lakh rupee mark yeah usually people are thinking of mutual funds uh thanks to angkor wat no one's thinking of fds anymore but um you know what what what other asset classes would you keep maybe gold reits things like so yeah so mutual funds is a very broad category by themselves right there is equity funds there is debt funds there are hybrid funds there are international funds


there are hybrid funds there are international funds there is gold funds uh very soon you are seeing a lot of other stuff like silver etc all of that happen right so mutual funds is a very large category by itself how does a person with 50 000 rupees a savings know which mutual fund to select yeah first of all the ideal thing is get an expert right to do it for you but if you can't do that we don't want to do that then i think the the right framework would be first figure out what are the different asset classes so there is equity debt gold etc and then within every asset class there are sub asset classes so within equity there's an index there's a large cap mid cap small cap many other and then within them there are so i would say that start at the top the biggest decision that you can get right or wrong is what asset classes you have in your portfolio in what proportion the the key thing here is that get that allocation right like figure out what


is that get that allocation right like figure out what is the right equity allocation in your portfolio out of 100 rupees are you putting 50 percent 75 80 that's a very personal decision so let's start with the 50 lakh rupee a month in savings what do you notice generally happens that's about you know the mark that a lot of content creators hit by the way through there not a lot but maybe the ones who've been around for a while sure yeah so uh you know somebody was 50 lakh rupees a month i think the the one thing is that probably their core portfolio right which is their and i'll explain what a core portfolio means right the core portfolio is still growth still oriented towards appreciation you want to multiply capital but it is liquid at any point now what is liquid means you can pull it out at two or three day notice right for somebody who is 50 lakhs rupees a month and has been making it for a few months or a few years potentially that core bit has


months or a few years potentially that core bit has now started to get completed right now i would normally recommend that if you had overall 100 rupees to invest 75 should be in this core portfolio right because this is the portfolio which moves up and down with the markets but you can pull it out at any point you might need money you might decide to start a new business again right and you've created a whole host of businesses in the future you want to start a third business or a fourth business this is the capital that you will dip into which will be available to you so this core portfolio is now ready you have 50 lakhs a month to invest what do you do you start diversifying into what i call alternative investments you start investing in private equity you start investing in global hedge funds you start investing in uh high elding or high heeling fixed return instruments like p2p loans etc why don't you also just kind of touch upon what the private equity market is like how is


upon what the private equity market is like how is it different from the stock market yeah so private equity is investing in shares of a company just as it is on the stock market except that in the stock market you can sell the shares at any point of time and get out right in case of what is private equity it's private which means that you can't buy and sell it the way we can buy and sell a stock right in case of the stock markets usually and there are exceptions but usually you place an order to sell within the next 5 10 15 20 minutes it will get sold right here there is no secondary market you will have to approach other people to sell it so you are you have to know that you are invested in this company for a really long period till you get an opportunity to exit which is not in your control right so that is private equity now private equity also has multiple stages and we have we have done a lot of content around this aspect so there is let me


of content around this aspect so there is let me start with the safest within private equity by the way as an asset class it's very risky but the safest within private equity is pre-ipo which is a company just before it is going to get listed right so that is pre-ipo then there is late stage equity late stage equities companies mature doing reasonably well but not yet ready to go to towards an ipo right then there are mid-stage companies which are companies which have potentially just turned profitable or are beginning to now turn profitable and then there are early stage companies early stage companies are very early maybe three or four years in their journey potentially still requiring capital to survive and grow and then there are seed seed is where a company is not even formed like the it's just an idea and a team right and you are funding that now what happens is the risk level goes higher as you go down this so the pre-ipo is the least risky among private equity and seed


is the least risky among private equity and seed is the most aggressive among private equity what do smart people do even within private equity suppose i had 100 rupees to invest i would put more money on the pre-ipo side and much lesser money on the receipt risky stuff yeah but you know you have to know this that this money is not available to you whenever you want it right this is like you parked it away and your life shouldn't depend on this but we're talking about the five crore mark mr jaytoni yeah what would you do if someone's saving five crore rupees every month what would you do with that bag of money first of all can you i mean can someone earning that kind of money expect higher returns almost because there's that much more of a risk appetite see look i think uh very few people make five crores on a monthly basis right what happens typically is an entrepreneur who is running this business for many years does well decides to sell the business for 100


years does well decides to sell the business for 100 crores 200 crores that's what we have seen happen right rarely do people get five crores of new cash flow the companies get it but as individuals you rarely get it right unless you're like this super uh you know successful lawyer and stuff like that there are there are exceptions but most of the time the super wealthy get a large lump sum of capital at a single point of time right their challenge is that up the business was doing well a foreign company came offered them a value and they sold their business for 100 crores and now they have 100 crores what do they do with it right so that's typically the kind of stuff that you see when it happens with the ultra wealthy now what do they do with it right uh the first thing that they focus on is get this asset allocation right okay and again boring not cool not something that you talk about but building a structure around your money right see that the point is that once


your money right see that the point is that once your money reaches a certain size you have to build a logic around how to manage it it can't be done on whims and fancies anymore because the costs of a mistake now run into crores right so first they would sit down and say okay this is what i want what i want out of my money okay let's say five crores i want to keep aside for a new business my daughter might start so they'll keep that five crores aside then okay so now you're 95 crores then they'll say okay five crores i want available at any point of time for whatever reason so now you keep five crores right now you have 90 crores what do you do with 90 crores then you say okay look i think that out of that 70 crores i want available at any point of time but i can invest it for the long term that becomes their core portfolio right and now you have 20 crores which they will invest in these new assets alternative assets


which they will invest in these new assets alternative assets that over a period of time will grow their capital right but with these kind of clients and i'm sure you've seen people like this who come in with a bag of 100 crores what age are they usually at i'm assuming they'll be around 40. that age is going down okay very rapidly okay right because uh back in the day and i started working in 2005 right my first few years of managing money for people was me uh moving around in a in a black and yellow taxi in the streets of calvadevy in bombay and i'll be the only guy in a suit and go there there would be this very large saree shop and this guy is sitting in a kurta pajama on the floor and he would have 10 crores 20 crores 50 crores to invest right cut to now where a few years uh ago i would be managing money for people who was a tech entrepreneur uh who's probably early 30s sold off a business to a


probably early 30s sold off a business to a google et cetera and got 100 crores and suddenly they behave and look very different right so i think it's it's very it's a very broad range but i think it's safe to say that and this is the exciting thing about india is that the age of the wealthy is also beginning to come down because as new entrepreneurs are getting created they are getting uh creating value for themselves and therefore the average age of the person that a wealth manager in india is talking to has actually come down yeah what i also love about the tech entrepreneurship space is that the teams also make the money yes not just the founders yeah and uh that's one input to people being an entrepreneur not everyone's built to be an entrepreneur there's too much trauma that comes along with that like there is an exchange of mental health but if you're involved in the early aspects of growing a startup if you're one of the early team members you have a


you're one of the early team members you have a chance at making that big bag i'm answering a question that a lot of people are thinking about you know and i think that uh you know there is this and we were just discussing it on the way here is that there is so much focus on the entrepreneur yeah this whole spotlight is there but so much of the reason why that business is doing so well is because of the team that actually put it together right have you heard of the concept of ubuntu ubuntu yeah so ubuntu was one of the mottos in fact our first careers page uh at deserve was titled ubuntu yeah yeah you're the team and the team is you yeah so anyway my answer for this 100 crore five crore question is play the safe game again imagine that you don't have 100 crores treat them like 10 000 rupees what you would do the 10 000 rupees a little more see them like 10 lakh rupees yeah so you know so if you have okay


rupees yeah so you know so if you have okay let's if you have 10 lakh rupees to invest what would you do right like i said 75 core portfolio which is the long term portfolio that you have right uh get your asset allocation right or get your financial advisor to get to this point right and by the way most people will ask their financial investor advisor right and that's not a great conversation that's not a great way to start a conversation with your financial advisor great financial advisors would first understand you before they tell you what to do it's like a doctor right when you go to a doctor when you walk in does a doctor he probably knows what medicine to give you even before he has talked to you right but he will still ask you what's going on what's happening etc so what is happening in their head they are building a framework that is what a great financial advisor should do right and even in our platform like one of the things we do we're a digital platform right but we


things we do we're a digital platform right but we get we encourage our users to do a call with an investment expert so that if required we can personalize the investment to them uh i know for a fact that my case as what i am doing with my money currently is very different from what you've what you use why is that i'm possibly playing one of the most risky games out there with money no so there are two parts right one is the risky game that you're playing as an entrepreneur but then there is a are you also playing that risky game with your money in terms of whatever i've saved yeah outside of the businesses um yes and no one because so the first pms firm i worked with as i told you so a huge chunk of my money is there like say about 30 to 40 percent of my pesos another 30 to 40 percent is in the startup ecosystem where i've invested as an angel and a lot of money has been pumped back into two businesses which have bootstrapped


pumped back into two businesses which have bootstrapped and grown and we are raising money and we're finding it relatively easy to raise money on both uh so that's that's the whole kill that's why it's not so risky when you look at it you're on a macro level yeah but i have bootstrap till this point till this point my financial game was very very risky right and i have very few safe uh kind of as if you look at the whole portfolio there's a very small amount that's completely safe but i'm also not married and i'm not going to get married for a while so i think see you have like what got you here and what will get you further will probably be different right and i think the recognition of that when it comes to your money also is very important you do that in your business right what takes a seed state business from zero to one will not take it from one to hundred right different things work for you you transform as an entrepreneur you should also then transform


you transform as an entrepreneur you should also then transform as an investor uh so again and this is something that people do right where people say so let me do more of that and that's like doubling down on the one thing that worked and there are so many luck factors that made that one thing work that now you can't put all your money back into that same thing right i also want to add one angle here the reason i've been so risky with things is because i kind of caught the right wave of influencer marketing i was around before it began yeah and i was able to sustain as it rose and i'm at a stage where it's rising even further pure influence marketing people say whatever it's a bubble it might go away i don't know about that but that's the reason i'm playing such a risky game that i know that even though i lose all the money i've made till now probably make it back in like a year or two and i'm like my risk app right as a


two and i'm like my risk app right as a person is really high you know what actually it'll be interesting like we manage money for a lot of influencers what is it that you think is changing when it comes to the influential influencer industry in general because that has a bearing on how we'll manage their money right more money is going to come in from brands for sure we're seeing a lot of dude i've seen it over the years man in 2016 we have to explain to brands what influencer marketing means and how it's scientifically efficient for them like you know how they'll actually get an roi etc yeah um it's reached a point where now it's almost become like a thing no it had reached a point where brands were just like throwing in money now brands are a little more intelligent about how and where they allocate the influence marketing budgets now what that means for the influencers is that there's no [ __ ] now the people with the fake followers the fake engagement they are kind


with the fake followers the fake engagement they are kind of getting like left behind the people who are not reinventing themselves creatively or not putting out content that's creating stickability it works like the product or you need to keep retaining your users they're getting left behind but the ones who've been able to sustain and grow at this point say five years and six years in they have sort of this proven pedigree in terms of we've seen three generations of content creators amongst which you have many people who've come and gone so there must be something right that the ones who've sustained are doing and for me sustenance is like you cross the six year mark you know so if anyone's crossed the six year mark it says that yes they're capable of reinventing content they're capable of uh sustaining themselves financially etc etc yeah so these guys are going to create this sort of consolidation within like the influencer space as they call og creators you know so what i love


they call og creators you know so what i love about what you are doing is the fact that you've taken your personal brand and converted into a business right business by mean you've incubated a couple of business so you have the cash flow of a individual brand and plowed it back into the equity of companies which is your own companies right and i think that's the interesting thing that a lot of influencers can learn from where uh you've sort of reinvested that money in a way that now it will grow for itself right and that's that's not very common but don't you think that's an obvious like why do you think other creators don't do that and i'm not i'm not fishing for compliments i'm trying to understand see in retrospect my own journey it was a very obvious next financial step i in fact started doing this even before i started investing in mutual funds let's park the influencer thing on one side and let's take the example of let's say bollywood okay


let's take the example of let's say bollywood okay right there were so many stars at different points of time who made a lot of money in their day but they ended up in almost poverty right what happened during that period the to me and a lot of it goes back to how you save and how you invest that money right a lot of them ended up getting caught up in these chit funds get rich quick schemes etc and i think and that's the point that india didn't have great financial advisors we have on youtube no comments so uh no by the way okay look i think on a serious note uh youtube is doing and people on youtube are doing a great job of educating people about money right and that is needed today at least the fact that you we can openly talk about money right like there's this whole thing that uh which uh you know rockefeller said once that uh sex and money are two things that only in the bedroom that you talk about you don't talk about in the living


you talk about you don't talk about in the living room at least now money you talk about in uh the living room right i didn't know there was a court dude that's such a reflection of society back then for me talking about money is a very normalized thing man it wasn't like it would be crash to talk about oh i'm saving this much and i'm investing here etc yeah it's a it's a generational change you you'll probably like in my parents generation nobody would talk about money right you would probably show it off but you wouldn't say that okay i'm buying this or investing here etc and that's that's the good thing about what financial influencers on youtube have done but the thing is that and if i i'm somebody who's absorbing that content i shouldn't like just copy what they're saying because what they're saying maybe applies in a generic sense to most people it may or may not apply to me like if somebody tells me to buy this stock they don't know


tells me to buy this stock they don't know what my other portfolio is they don't know how much risk i can handle it's like getting medical advice online in a way yeah and you don't do that right right you don't go to a chemist and say like you would go to a professional doctor who will tell you what to do so i think that is one thing that india doesn't have enough of financial advisors and this problem was most acute a few years back and therefore a lot of these bollywood personalities who made it big lost uh money right i ended up in poverty so i think that is one thing that is changing i feel with the new generation and we see that cricketers also all like sportsmen where they're now really smart about their money their contracts etc and that's the great thing right so i i would think that a lot of influences potentially don't like put thought behind the fact that unless they reinvent themselves and even then there's a risk that the current cash flow


even then there's a risk that the current cash flow may not last so what they have right now needs to be invested really well so that when the sparks burn out and they move to some other thing they have enough capital to survive dude on youtube i don't know why we're talking about youtube in this finance conversation but uh the most painful part of this career as a creator is the phase of reinvention which lasts three to six months it's horrible and you don't even know whether it will work right exactly and often it doesn't so a reinvention phase is often not just one reinvention then you're good it's three four experiments all of which suck because the thing is you're getting your clout and your money and your name through the numbers you're bringing in through your fame basically uh and in that three to six months p month period why have you even begun reinventing because your numbers have gone down so you need to change some [ __ ] up now imagine you do


change some [ __ ] up now imagine you do an experiment which fails you expect it to bring you up it go takes you down even further and this is spiral yeah so and a lot of people that get lost in that downward spiral uh it's a very mentally traumatic game and i'm not trying to highlight youtube as this you know uh holier than dao career or anything i'm just sharing perspective i've done it thrice maybe in my entire seven year journey six and a half year journey but uh [ __ ] i don't wish it on anyone dude like you go through a lot again you know why because you are the face of that business you are that one person in that business which is why which answers my previous question in terms of why did i put money into something uh the answer was because there wasn't just one face that was a system dependent thing it was a team that i was investing in not myself so tell me how do you like how do you keep your sanity


how do you like how do you keep your sanity during the point where and you know the thing with influencers and to a certain extent also with entrepreneurs is that you attribute everything to yourself right success or failure is an attribute to yourself and when it's success it's heedy right it's great everything is good but the failure so how did you like break out of that mental zone [Music] so at this stage honestly it's about ubuntu because in reinventions the pressure also gets divided into like my top team like top layer of my team i've consciously hired a lot of leaders to work with me across all the four startups so be it monkey i have a leadership core which i work with directly to be at beer biceps i have my top layer of leaders who take make their own decisions they add a certain energy to the whole room to the whole office that helps me from a mental health perspective yeah how do you break out of that like if you're in a downward spiral


of that like if you're in a downward spiral where some of the content that you're putting out is not working how do you like pick up yourself and say again the next day try something new dude you have to just you just plummel through it like it's it's not it's not nice man because sometimes even that plumbling again it takes six months yeah so you're just trying different experiments all the time and just eating up the failures moving on to the next one apparently you're getting so much feedback from your management from your pr from your own team from your audience so much feedback sometimes um i think that's the trick like can you manage to take all that feedback and still look at it very like from like a detached perspective and look at it as an engineer and mathematical so yeah actually a lot and a lot of people like even in life and in business right you feel like this has got me here so let me keep squeezing yeah uh and there's only so much juice


yeah uh and there's only so much juice and orange will deliver to you right after then you look through it and get something else so i think that's that's really unique like not me many people get that you said you work with a lot of influencers um what do you notice because you know you're someone who like if you're managing someone's money you'll get to know the person you'll get to know the priorities what do you notice everyone's different or there are some similarities well everyone is different because now the interesting thing is that there are influencers across age groups right so there are influencers who are older who've seen periods where they didn't have enough money etc so they have whereas some of these younger influencers like you spoke about have like made a decent amount of money very early on so their perspective on life and money is different you're shaped by your own experience right and morgan housel has an interesting quote where like your experience is 0.0001 percent of the world's experiences


experience is 0.0001 percent of the world's experiences but it is 100 of your decision making right so everyone is different uh but the thing with uh older influencers also like they're very focused on creating a strong pool of second income from their money right they want because they know that this can stop some time they will try new things they will try and reinvent themselves but sometimes it may not work right would you call me as an older influencer uh i don't give a [ __ ] about age and all that like no so i think you're an experienced guy you've sort of been through this and you've created now multiple businesses i would put you in the sort of more mature influencer category the reason i ask you this is i want to understand what you mean by the subjective word older do you mean someone with a family do you mean post 35 or something somebody who's seen the cycle of a business going up and down gotcha so actually let me rephrase that it's not older or


actually let me rephrase that it's not older or mature right then you know that this can the party can stop either briefly or permanently and therefore you plan your money in such a way that it is it will last you longer and this is true for sports people as well as actors and then people from the media it's yeah it's it's it's uh it's relevant to any profession which has a potential shorter lifespan right till the time you reinvent yourself and you know in other professions also it happens but that period is much longer all right so if i am a doctor let's say a doctor right yes new technology will come in to replace me at some point let's say if i'm a surgeon robotic surgery is coming in and over time they will take over but it's a slow process it doesn't happen overnight so because it's a high stakes thing right when like i am as a patient putting my life in the hands of a robot most people are still not comfortable


hands of a robot most people are still not comfortable they would want an experienced surgeon to handle it but in low stakes stuff like entertainment uh the change can be much faster so if you are in a low stakes uh whether the consumer for for the consumer it's a low stake investment then your lifespan as a creator or as a professional overall can be shorter and therefore preparing for that is very important intense let's let's change up the flow of the podcast and uh this is my hero question for this episode what do you think uh adani and mukesh ambani do with their own money and by that i mean not reliance is money or adani groups money their own money as men for them i think it's about like it's now beyond money it's beyond the returns that the money is generating you there's a concept of self-actualization maslow's hierarchy right once you reach a certain stage and age you uh don't care so much about the next five crores 10 crores etc


much about the next five crores 10 crores etc you're about what impact am i creating am i creating a legacy and i think a lot of these folks are now creating a legacy right they're more concerned about what they can do with their money that will actually create meaningful impact such that people will remember them for that so i think it's the concept of self-actualization basically something interesting you said i actually had satguru on the show recently yeah and sadhguru has this ability to kind of i mean at the end of the day he's he's an old wise evolved man um i asked him advice for myself and uh legacy was one of those things i was thinking about a lot um not because i have hit a point in my financial journey where i feel like i'm done i'm not done at all long way to go but i just was thinking about legacy as a concept because i heard some people on the show tell me that legacy is their driving force yeah so it got me there about


their driving force yeah so it got me there about what my legacy is and that was a question i didn't have an answer to other than social work which i've been doing for a while and i asked him you know what i mean i didn't i didn't i didn't say anything like i said i think he guessed it through my questions or whatever um and he said that if you wish for your name to be remembered uh even beyond your death instead of thinking about what you can build just focus on immensely helping people make their own lives easier right now and i guess you're already doing that no like there's so many people listening to your podcasts taking away stuff like we have people in my office who were big fans of drs and for them it's about like they would rather spend that one and a half hours or two hours of their life listening to this because they are taking away something which can help them right it's not it's not only entertainment now i'm aware of the fact that i


entertainment now i'm aware of the fact that i know my content is deep i know it's evergreen etc etc yeah i'm always asking myself okay what next in terms of i really want to get into people's houses and help them yeah so i have this one dream of um through what do i want to do specifically in social work i definitely want to help orphans want to help old people and want to help um stray animals why can't i create places in and around big metros which combine all three in one location and make it mutually beneficial you know the interesting thing with even this or social work or philanthropy in general is that even when you're talking about this with your investment manager wealth manager this has to be self uh you know it paying for itself like you know any philanthropy or any charity that you run or do if it is dependent on you continuing to fund it then there's a problem right because it will then like after a certain point of time you will have different priorities


certain point of time you will have different priorities you will move on to another uh charity that'll be a bigger cause that you will have to sort of pay attention to right i'm assuming that this is what they mean by trusts like when you say trustees or trusts that's what trusts do it's a big bag of money which is handled by financial experts therefore this profits coming out from that same bag of money and then it's fueled into like social work it that can happen for sure and must happen right the money that you put inside that trust should grow and now section 8 companies different ways to manage it but uh should grow in and of itself to serve and support that charity but we have to look at charities and trusts also as a business or not for profit business right in the sense that can they generate revenue over and above the investment returns uh such that they can fund themselves and that's the power of like social media uh your own brand can get attached to it in


uh your own brand can get attached to it in a way that people who also believe in that cause would love to participate if they know ranveer is backing it right and i think that is the true legacy because then you have made a sort of charity or a philanthropy which is running on its own whoa i feel super sindhi today thank you mr jay twani this is a good episode man but also thank you for giving me a convenient way to not give a [ __ ] about what's happening with my money no it's a big responsibility man i think managing money is so personal to everyone right and for everyone it's about what it can do for their lives and their family that we lose sleep over how we are managing money for everyone else yeah do you have any feedback for me and i want to ask you about the tough feedback in terms of i know you've done some maths about my situation but uh what what do you think you have any advice what do you


do you think you have any advice what do you think i'm doing wrong i wouldn't say wrong uh ranveer i think the thing is that uh you know you've you've actually figured out the fact that you have to invest in new businesses and i don't mean it in a way to flatter you but a lot of people don't get that that you have to convert from a place where a naval ravikant talks about it where you're renting your time to owning a share of an asset where other people are working for you right and i think that transition everyone has to learn from so like i think the fact that you're at this age having a conversation about money thinking about where to put money i think that's the best thing uh so i think that and that comes from a place of humility by the way really because you you know that this one may not last like the party may not last right and that is in a sense an acceptance of the fact that you are agaria which means


of the fact that you are agaria which means that you're accepting the fact that at some point this might not work you're creating new sources of income new assets uh for me i mean you know i think fiction uh like fictional movies shows and mainstream sports are a good reflection of where society is at so we had the indian cricket team which is suddenly become aggressive and kind of going for it against australia or england versus the movies we see nowadays about growth and you know optimism and patriotism i would like to believe that india is in this very kind of aggressive hunting mode which i love yeah as a capitalist because one it satisfies me and my financial ambitions on a personal level but two for the country it's fantastic i also strongly believe that no government in the world is capable of changing a country the size of india overnight yeah and it's going to be the entrepreneurs and the thought leaders who actually create uh on the ground kind of changes yeah so


create uh on the ground kind of changes yeah so it's a good place to be going man no absolutely and we are all lucky to be living in this country at this point in time yeah for sure that's all i want to say to it thank you sandeep thanks really had fun on this yeah thank you i'm glad i think people gained a lot of value we'll see you soon see you soon see you that was the episode for today there's never a conversation with this man where i don't learn something new about money i'm kind of glad that you guys are happening to witness this particular conversation because as you can tell i had a lot of fun on the podcast i learned even more about money through this one conversation and i'd also like to know from you guys what else you would like me to ask sandeep jaetwani i'd love to bring him back on beer biceps we're all about learning about personal finance from smart sindhi men and women so please also give me your


men and women so please also give me your financial guest recommendations very open to bringing people like this on the show so that you guys get free of cost education the one thing i do request of you is that if you're an avid listener of the show do share these episodes with your friends and family especially people who you think will gain value out of these episodes lots of people pay for online courses when it comes to this kind of financial education through trs we're trying to put it out for free and we'll only grow through your shares and your help remember follow trs on spotify every episode's available on spotify 48 hours before it's available anywhere else in the world this was a money special with mr sandeep jaitwani on the runway show if you enjoyed it hit that like button hit that share button and we'll see you soon [Music]


when so much of wrong has been done to you and you're still trying to be good to that person and then the person goes out and takes advantage of that situation things and just spread so many lies majority of men do not stand up to that there is a narrative all over society it says that no stay in the moment don't think about the future but a life decision like your job or a life decision like your marriage you have to have futuristic conversation a lot of young men and boys are still living in that ancient idea of how a woman or a girl is while women have progressed a lot i'm cheering we all and i rarely do this on the show but you're gonna get you're gonna get a house extremely important episode for all the men out there we're living in very strange times considering the johnny depp and amber hurt case that's made worldwide news i thought it's extremely crucial to bring on a men's rights activist on the show now deepika


a men's rights activist on the show now deepika bharadwaj is someone who had to bear the brunt of a false domestic abuse case on her own family on her own brother she used her ordeal something she had to go through due to no fault of her own or her family as motivation to fuel her purpose today she's become a men's rights activist who fights for men who wrongly accused of domestic abuse now while the metoo movement was very important in the story of worldwide society it also had a slight negative side it had a slight dark side taking away nothing from the metoo movement i felt like society needed a wave like that but we've also got to keep in mind that because of loose laws and just unfortunate circumstances men all over the world just like johnny depp but also in india also back home have to go through everything from falls rape allegations to false domestic abuse cases to extortion for their money from their ex-partners we're living in some very


money from their ex-partners we're living in some very strange times considering the nature of social media and considering ipc 498 a this episode is very important for men and women out there i urge you to listen to it till the end share it with every man and woman that you know this one's for the men who are silently suffering and for the young men who are heading into this strange new world that we live in taking away nothing from all the traumas that women have to go through in worldwide society i also feel this side of the story should be spoken about on the internet very important episode and i hope that you gain value from it on the ranvier show [Music] this is such an important conversation i can't think of someone better than yourself to have this with firstly deep appreciation for you being on the show deep appreciation for what you're doing for men out there you hear a lot of men talk about men's rights it's not every day that you come across a woman who's


every day that you come across a woman who's standing for these things and especially considering the times that we live in even what we're seeing in mainstream media with the whole johnny depp amber heard situation these kind of conversations need to be had and further conversations about men's emotional health need to be had so firstly i urge everyone men women to watch this conversation till the end secondly spread it as much as you can and now we will come to this conversation thank you deepika for being here thank you for having me on your show ranvi maybe maybe let's just start off with a part of the mainstream narrative so that people understand what the situation means um every male friend group has its own whatsapp group or instagram group where you know we send memes to each other we talk to each other we almost vent also sometimes and on one of my bro groups someone sent a meme of will smith and johnny depp and the meme said that no matter how successful you become in your career


that no matter how successful you become in your career or how rich and famous you become if your partner is the wrong partner or chooses to do the wrong things your life will be ruined what do you have to say about that i think in today's times it is absolutely absolutely important while it is important to have the right partner but there is no formula to have the right partner right and there are a lot of traits that we attach to men for thinking or considering that it's a good man or a right man we don't really have that many traits that we attach to women that this is the right woman the general thinking is all women are right you know all women are good but then now there are just so many men who are suffering in relationships and they're trying to talk about themselves and one i'm not too sure if the world is still ready to listen to men's issues and men's problem but when cases like a johnny depp comes out then at least the conversation starts which is good


out then at least the conversation starts which is good i think which is great i think it is very painful for men who go through something like that why don't you give some context on the case for listeners who have absolutely no idea what we're talking about so ember heard went out with a public article calling herself of a victim of extreme domestic violence and she was a champion of women's rights or women's sufferings sort of to say during the whole meter movement as well and she had put very serious allegations on johnny depp that's when johnny depp said it's not amberhead who is the victim of domestic violence in this relationship it is me and and also the context here is johnny depp was one of the most legendary movie stars at the time and in many ways this kind of ended his career there's a friend of mine who runs this platform called men's day out and she created an image with act which actually went viral which said no matter what's the outcome of this case


which said no matter what's the outcome of this case i have lost my life i've lost everything that i had i have nothing more to lose even before the verdict was passed i was declared guilty he was thrown out out of projects he was he has suffered so much i just hope there is some some thing that becomes better for him here on uh but i'm not too sure if whatever was done to him if there would be similar kind of repercussions now for ember that a lot of people now know what was the truth i just want to step in here and speak a little bit to johnny depp we'll make this clip reach him i have a common friend okay johnny if you're watching this and if you're listening to this know what you did for a lot of men worldwide as well through your own suffering so uh there was purpose behind the suffering as well that's all i want to put out something that um i want to specifically say about this and this is what the trial


specifically say about this and this is what the trial ended with where ember heard tells johnny depp johnny you're gonna tell the world you're a victim of domestic violence go tell it let's see who believes you and who stands by you that these are very strong statements and because johnny is so famous and he's a star people are getting to know the realities but trust me ranveer there are endless men out there who are actually the ones abused in the relationship but they are told every time dare you go and say this and nobody is going to believe you because everybody believes that if the man is coming out and saying he's a victim of domestic violence he must have himself done something wrong which was the initial reactions in this case also could you highlight some of the things johnny had to go through well professional personal his kids his image just imagine the good work that he had done over years now there are a lot of people who are coming out from the industry and


of people who are coming out from the industry and supporting him that you know they had never seen him misbehave he had been the kindest man and he has done so much of good work but suddenly the allegations come there's no evidence with those allegations but he's thrown out from his professional assignments uh then his entire family is targeted it's just kind of a witch hunt i i believe there was also physical violence oh yes oh yes correct correct absolutely she she has herself uh there are um audio recordings now that have been played in the court obviously where uh she said she's saying i hit you i did not punch you i did this i did that and it was a long long long and and johnny is saying i did not want to go out i did not want to call police but then there's so many things that happen in a relationship and i think i will never say that it's only a man who tries to protect a relationship they're all there a lot of


to protect a relationship they're all there a lot of women in domestic violence situation who who also make efforts to protect the relationship uh but when so much of wrong has been done to you and you're still trying to be good to that person and then the person goes out and takes advantage of that situation and completely turns around the thing and things and just spread so many lies majority of men do not stand up to that i am glad johnny depped it yeah and you know we hope and pray that he kind of gets his movie career back whatever gives him the most happiness yes uh let him get it back because it'll be like a worldwide sort of story for a lot of men every year to notice i also want to place some context here this is nothing to do with the domestic violence or the injustice that women all over the world face while we're having this conversation we're also very aware of that side of the story which brings me to the documentary you made what i


brings me to the documentary you made what i loved about it was that you made it from a very neutral perspective you didn't you weren't siding with men or women on it and i recommend everyone go watch that documentary we'll link it down below uh but maybe some context on that documentary is ipc498a what is it you know especially from the indian context i'd love to hear it from you um in many ways you've kind of made it a massive part of your life yes uh what is it what does it mean what does it mean for indian men specifically because that's our primary audience we'd love to hear it so uh i'll i'll i would love to go a little bit into the background of this runway and i've been very vocal about this majority of people whosoever get get to know about my work the biggest question is why why would a woman do this because it's a fact that women have suffered women suffer and there's so many women who go through wrongs at


there's so many women who go through wrongs at the hands of men you know so for a woman to talk for men is quite um you know something that people find it hard to accept why it started is i was working i was absolutely unaware of this realm uh and i was working as a journalist with a company called exchange for media and i personally went through this experience where the marriage in my own family uh broke down because the woman was at fault i don't want to delve too deep into this but we had very very strong evidences to prove that it was not a case of dowry it was not a case of domestic violence it was a case of adultery by the woman and we had solid evidences in our hands but when the marriage when it was decided that you know that there would be a mutual consent divorce the other side would view that and then they heard allegations of dowry demand domestic violence and you know choking the woman i was dumbstruck


you know choking the woman i was dumbstruck like i was like how can somebody lie through their teeth like this and when i started talking to people like i knew there is issue of dowry immense issue of dowry demands and domestic violence due to dowry in india but i did not have any clue about this side of the world that the laws misuse misuse of laws and things like that so when i started talking to people it what came out was very uh i would say distressing we were told you'll be accused there will be fir filed on you there'll be a criminal case filed on you no matter how many evidences you have you'll have to suffer for four five years and only then your side will come to a hearing in the court until by then you will be arrested your entire family would be arrested old parents would be arrested as well and the woman has real up real upper hand in these cases and i was like this is not


in these cases and i was like this is not okay this is just not okay you know the laws should be there to protect women but if they're gonna uh use that as a weapon against the man and his family that's absolutely wrong so that's when i decided to make matters of marriage now what is ipc 498a the law was brought in the aftermath of a lot of dowry deaths that happened in the 80s uh there was this new law that was brought it criminalizes demand of dowry or mental or physical cruelty on a married woman by her husband or his relatives and the cruelty is to the extent which drives a woman to suicide but what started happening was any dispute incompatibility the uh the guy is not earning much the woman is not able to stay with the relatives or you know the in-laws she wants an independent place she doesn't like staying with the in-laws or she falls in love with somebody else myriad problems one solution put


love with somebody else myriad problems one solution put a ipc 498 on the husband and then his trial begins i also believe the law is pretty wide in terms of um they categorize actual physical violence from the man in the same category as something very soft like just an argument it will be looked at in the same way absolutely and that that's the actual core of this problem see the whole thing is when we it doesn't take anything in india to put an allegation especially in crimes against women on the fir and then the man has charges under the ipc for every allegation that you make the cases are not investigated at the initial stages while people say that fir is just a first information report but a criminal case and an fir means a lot if the person is in a government job he has immense repercussions if he is in a private job also he has immense repercussions the reason i made matters of marriage was that when this happened with us there was a lot of again like


with us there was a lot of again like you said in the beginning mental health issues that you know cropped up in the family my brother went into depression my father went into depression and that was very difficult for me to deal with i was kind of a strong pillar standing over there dealing with everything but it pained me to see us suffer because of something like this so i have seen in my personal life an attempt to suicide very close because of these issues what triggered me to get into this space was when something like this happens a baby india may divorce is still a taboo in middle class families in lower middle class families are divorced that means immense social shame or essa you cannot imagine the kind of trauma that parents go through and i realized that a lot of people have um ended their life because of being implicated in a false case of dowry and my only intention was i wanted these suicides to stop while of course bringing awareness on the law misuse


while of course bringing awareness on the law misuse because subsequently when you're into this situation you feel stuck your own family member's distance again the stereotype administration but that's not true i just want to add two pieces of context here um the first is uh all forms of suffering should turn into purpose and that's the only way suffering should be looked at so firstly one thank you on behalf of every man out there though i've thanked you before as well i need to do it again you don't know what you're doing for a lot of men uh secondly um in in the documentary um there was this one part where you brought on a lawyer called miss milani i believe yeah who said that she's a divorce lawyer i believe and she's fought on behalf of men and women she's an experienced lawyer and she said that basically what she has noticed is that 498a especially this section is often kind of turned against the man yeah um again she didn't quantify she didn't


man yeah um again she didn't quantify she didn't put how many number of uh men have to suffer because of this and this is taking nothing away from the women who rightfully use 498a but in the current scenario according to the laws of our country too many men are suffering because of this situation um so you know i hear you and i hear your pain and i feel it as well um i i still believe that and maybe this is breaking away from podcasting with you and just meeting you as a person uh do you look at it from a sense of purpose that like when you look back at the situation do you understand what you're doing for indian men out there now and you know maybe you had to go through that difficult moment of seeing the people closest to you go through what they had to go through but then ensure that other men and women after you don't have to go through those situations it definitely came as a sense of purpose and since it's a long form because the


of purpose and since it's a long form because the situation at home was so distressing i did this course called landmark foundation no promotion but it it changed my life quite a lot my parents did that my brother did that and in in the completion of that program is a community project so matters of marriage was born out of that that i want to do something for the community so of course it came from a sense of purpose it was not about me anymore it was about other people and saving lives when i had taken uh i was like i said i was working with exchange for media and uh my boss mr and raghbakra he's quite a known name in the media world i told sir that uh just give me one year this is very important i really want to do this i want to take a break from the job i'll finish this documentary and then i'll come back this is 2012. we are in 2022. talking about men working on men's issues is an extremely extremely extremely and


men's issues is an extremely extremely extremely and i cannot stress how difficult of a task it is ranveer there are no perks it's a very very difficult financial journey uh there's this way you have to struggle to get even a penny to do the work that you want to do so i don't think there is anything else but purpose which is drive which has driven me this far every day people ask me like men also don't do this much for men how come you every day and i tell them that the kind of blessings that i receive and now a lot more women are also coming and saying we really want to join your journey because we are seeing so much of men suffering around us a lot of mothers who bless me lot of sisters who say you showed us the right path i could save my brother a lot of men of course they understand so i don't think there is anything else but purpose and the i think the larger purpose is um that men have a