Ankur Warikoo, a popular entrepreneur and content creator, recently talked about how he makes money and invests wisely. He shared his thoughts on X, explaining that too many people work just to earn a paycheck and end up feeling burned out. They should actually work hard to earn more money, he says. On the flip side, many people are overly involved in tracking their investments, which can be stressful.
Warikoo believes we should be active in finding ways to earn more money and take a relaxed approach to investing. Instead of constantly checking stocks or chasing high-risk ventures, he suggests putting money into simple, long-term options like SIPs (Systematic Investment Plans).
For 2024, Warikoo’s businesses made a total of ₹16.84 crore (about $2 million) from various sources:
– Speaking engagements: ₹2.38 crore ($280,000)
– Book royalties: ₹1.65 crore ($200,000)
– Brand partnerships: ₹2.76 crore ($325,000)
– His education platform WebVeda: ₹9.56 crore ($1.1 million)
He was amazed by his earnings, saying, “It’s crazy that I can earn this much for something I love.” However, he reminded everyone that this is before expenses like salaries and marketing. His profit is around 20-25% of the total revenue.
Warikoo also shared his investment portfolio, which is worth around ₹20 crore (about $2.35 million) and grew by 48% from the last year. He has:
– Mutual Funds: ₹70 lakh
– Portfolio Management Services: ₹8.13 crore
– Startup Debt: ₹1.62 crore
– Startup Equity: ₹3.49 crore
– Stocks in India: ₹95 lakh
– Stocks in the USA: ₹93 lakh
– Real Estate: ₹3.75 crore
Despite the aggressive growth, he spends less than five minutes each month managing his investments and prefers to leave it to experts.
He encouraged followers to be more active in their income generation and less worried about investments. “Don’t just settle for a salary. Keep hustling for more!” he said.
Warikoo’s company, co-owned with his wife, is divided into three parts:
1. Brand Warikoo: Focuses on creating content on platforms like YouTube, Instagram, and LinkedIn.
2. WebVeda: Offers educational material.
3. Investing: Puts profits back into different ventures.
Warikoo has a huge online presence with over 14.8 million followers across social media, including 6.58 million on YouTube and 3.71 million on Instagram.
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