Abhigyan BhowmicFounder & CEO of Eleanora-legal Published On: Thursday, January 14, 2016 Views 2573
"Dreams to be seen reality to be lived and desires to be fulfilled."
The person, who firmly believes that with the right calculation and hard work along with innovation, a person can build anything from scratch, is able to easily achieve success. After starting his career as an intern, Abhigyan went on to launch his own paralegal company with over $300,000 annual revenues. Eleanora-legal.com came into existence in 2011 by Mr. Abhigyan Bhowmick when he was in the second year in ILS law college student along with Advocate Chinmay Nikte a pass out from the same college in Pune. With no capital investment, Mr. Abhigyan started his dream project as a freelancer.
He took one step at a time gradually building up his clients. In 2013, he shifted the focus on Business Development in China, India and Singapore. Currently, he is responsible for the international business development and managing the company’s day-to-day operations.
Please provide a brief overview of your product/ service.
Our primary services are contract management, online free legal consultancy we have shifted our focus in developing businesses worldwide, we develop IT and Hospitality business in Singapore, Marbella, Malta, we help anyone to start a factory in China, help people to launch IT and innovative products in Silicon valley, Singapore or Bangalore.
We promote as well as pitch the “make in India” concept to international entrepreneurs and medium size overseas companies. We assist them to launch in India.
What inspired you to build the above product/ service?
The legal industry around the world has not developed itself to face the future challenges. Before the world was entering into a period of globalization, number of lawyers around the world started boutique corporate firms. Hence, during the period of globalization, these firms got immense success and they are now renowned corporate firms, but sadly, none of them has evolved since then. Today the world is coming into an era of “Digitalization” and the era of “Globalization” is ending, but very few individuals realize that in our country those who will be adapting digitalization will be much ahead than others.
What is your life mantra?
Dreams to be seen reality to be lived and desires to be fulfilled.
What was the most challenging part of your journey till now?
I started my venture as a freelancer when I was in the second year of my law college back in 2010 in ILS Pune. However, there were numerous hurdles when you start from scratch, with no capital in hand nor any initial investment from anyone, lacking in business experience and no one to guide you. I didn’t have money to register my company nor I had the money to built a website or market it, I started from nothing and today eleanora-legal.com has reached a turnover of $300,000 or Rs 1.98 Cr operating from two countries within a span of four years.
How did you overcome those challenges?
I started from scratch hence, it taught me a lot of things, an idea is the most crucial part of any business it is like an asset, we understand and we execute it very well it also help us to overcome the challenges we face on day to day basis. Teamwork has also helped in developing the company in such a short span of time.
Share some details about the investments that you have been able to fetch for the business till now.
My business model is a bit different from others, I will like to have an actually profitable company with a very strong roots, I don’t like to have pressure from investors when we are developing. Once I feel eleanora-legal.com has developed itself we will approach the private investors for expansion.
How do you protect yourself from the problem of Brain Drain?
We have policies in our management known as “free air” this policy allows complete freedom of our employees to work in the organisation. We also follow the “Loop” certain times we send our employees in Singapore and the employees in Singapore come and work in India. This also helps them to get exposure and develop themselves as a professional Individual. We also follow high-grade pay scale we generally remunerate salary more than the market rate. I make sure that there is no Brain Drain in my organisation if there is then I am at fault. If you keep your employees happy they will keep your clients very happy.
According to you, what are the three qualities an individual must have to achieve success?
Passion, Desire and Believe.
Which online tools/ services/ apps do you use the most and would like to recommend as well?
We have an IT department to look after it. Hence, I cannot disclose that correctly in details.
Share any one habit which you think makes you more productive.
Observation, it helps you to detect opportunities when a lot of individuals are blinded.
Share any one habit which you wish to change in yourself.
Anger, sometimes its good its fuel up any individual and drive them to complete their goals, but what is the use of anger if you have blood pressure and causing more harm than good. I will like to be calm, but generally I get angry very quickly.
Answer in less than 50 words
- One tip to success:
Focus and dedication.
- One mistake you believe every individual must avoid:
To be dependent on someone.
- One most important lesson that you have learnt till now:
Never give up.
What are your plans for next 3 years?
There is no plan as such the kind of profit we are making if we continue to do that we shall expand, if we start making a loss in the future then we shall stop and look for alternative business.
If you get a chance to start your career again what would you do differently this time?
Nothing that happens always happens for the best.
What are your top three getaway destinations?
I like to be in the home because generally I have to travel a lot.
Share a quote that inspires you the most.
Money is just number, the fun is in the game.
- Business Website http://www.eleanora-legal.com/