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Ca or business

CA vaibhav (no) (111 Points)

05 May 2012

Guys I m allmost 23 now.. I had given final exam 2 times. Both attempt I scored total 190 and audit screwed me both time.. This attempt my first 2 papers were nt gud too. Looking at current trend a ca is earning 20000 to 25000.. I m tired of ca and thinking practically I wld earn much more if I wl sit on dads business? I m confused on with carrying on ca? Being 23 I think I m nowhere... Help me to choose correct direction?

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16 Replies

CA Saket Mittal (BUSINESSMAN) (99 Points)
Replied 05 May 2012

hey buddy m in same situation as u.don't worry about c.a give exam with full confidencewith 100% prep for law n audit n hope for 60+ in both.n vaise bhi c.a r not earning as u told so think of in practical way c.a bnana hi sab kuch ni hota. all d bst for exam.

1 Like

Saurjya (CA FINAL STUDENT) (70 Points)
Replied 05 May 2012

Dear Vaibhav,

You are right that the present market conditions are not favourable as a result of which you will definitely earn much more from business. But considering the time you have invested for CA do not let it go waste.

You may look after your dad's business on part-time basis but do not leave the course as you may regret having worked so hard for it and leaving the course. Since your dad has an established business assist him in his business. The knowledge you have gained while studying for the course will definitely help you in growing the business.

Do not lose hope. If you ultimately get into business, the number of attempts won't count. So have faith in yourself and work towards achieving your dream of becoming a CA.

ALL THE BEST FOR YOUR REMAINING EXAMS!!!

3 Like

CA vaibhav (no) (111 Points)
Replied 05 May 2012

Thz alot guys.. I hv exemption in law.. I will gve my best shot thz

(Guest)

Vaibhav, i suggest you to pursue ur Dad business and work hard in expanding the business. But dont leave CA. do it prallely... Dont keep intention of earning lot of money thorugh CA. It should be your passion not a money making instrument. Be a good businessman where you can earn 10 years earnings of a CA in one year by working hard... All the best...

1 Like

CA DEWANGAN DEEPAK (CHARTERED ACCOUNTANT) (88 Points)
Replied 06 May 2012

Hey freinds ur thinking in the right direction i am in the 2nd year of my job and getting just around 30000/- only and no job surety my father even earning more than me from very small business i m also thinking to switch in business. i suggest u if have establish business then don't wait for ca but if u have time then complete ca and then switch to business.

2 Like

CA Darshak Shah (Practicing CA) (1889 Points)
Replied 06 May 2012

I agree with Sauriya and Rajesha...

Great suggestion guys...

Let me sum up in my own way....

Vaibhav-

First of all complete your exams...no other thought plz...

Then If your dad is rich enough and you can study one more year...You are just 23...One more year will surely be accomodated...

Than keep trying for completing CA....

I suggest you to go for business but that to after completing your CA...

Till result...start learning business..

Trust me man....its the matter of dignity to live life as CA...

It will help you in business as well...

Meeting your clients/customers or bankers or supplier as CA would be of great help...

But

FINISH EXAM FIRST....

2 Like

Nikhail (0) (240 Points)
Replied 07 May 2012

Hi Vaibhav I'm also 23 and in same plight as you.. I gave few years of college life to my dads business and worked in junior level there bcoz of studies....

what I think and have experienced is that if you do both things together u'll land up nowhere. If you get into business you will have to give your 100% over there and u'll get only sunday as a leave otherwise u cannot have full control over the business...

many ppl will say 2 do part-time in ur dads ofc but I think to gain full control over business,it can't b done part time, it'll be of less use....

Do C.A. first then go for dad's business/ job as you like.....

1 Like

Nikhail (0) (240 Points)
Replied 07 May 2012

even I get frustrated with C.A. at times... but it is our passion and so we follow it

CA.Kanhaiyalal Gupta (Taxation Incharge) (290 Points)
Replied 07 May 2012

Dear Vaibhav, If your intention is only money,then go for dad's business

Amol Gopal Kabra (CA,CS,DISA) (Practicing CA) (8539 Points)
Replied 07 May 2012

Vaibhav, i'd suggest that even if you want to continue your dad's business, you still complete the CA course. Because, the degree has got a high value even if you opt for running a business.

CA vaibhav (no) (111 Points)
Replied 07 May 2012

I also hv passion regarding ca... But society is so harsh that everyone says ohh ab tk ca kr re ho.. I feel frustated... I gve impotance to respect n money as well.. I want to earn respect of ca n earn money but feels like why cant I get through after so much f hardwork..

Amol Gopal Kabra (CA,CS,DISA) (Practicing CA) (8539 Points)
Replied 07 May 2012

Dear Vaibhav,

Please have patience. Do more hardwork and study with good level of confidence, self-belief and also with positive attitude. Success will definitely be yours. So please dont lose your hope and study.

Secondly, dont leave the course just because what the so called 'society' thinks about you. You have to do the course for your own respect, you own success. The society has got thousands of opinion. But please listen to what comes form within, i.e. you own voice. I can judge that your own voice wants you to do complete CA. So make a strong determination and please go ahead and complete. Once you complete the course, the so called 'society' will again turn back and the it will talk in your favour.

I think, you get my point.

1 Like

vijay tanna (CA) (32 Points)
Replied 07 May 2012

I will suggest you fixed your mind first business and CA depending upon ur requirement. Yes business will give you alots and

You may hire list of CAs for You in future. And once you decided to do business then dnt do CA just by thinkign U already spend

few years. C you already spent your time thats sunk cost but dnt spend your future for it. Dnt get unneccesary degree if you will

not make use of it.. as in your place one needy student will get clear.

Nikhail (0) (240 Points)
Replied 08 May 2012

Vaibhav sahi bola:-

“I also hv passion regarding ca... But society is so harsh that everyone says ohh ab tk ca kr re ho.. I feel frustated...”

- same thing happens with me too….It hurts more when these words come from your close ones……….

I'm in same plight as yours......

This table tennis match also goes into my head- C.A. or BUSINESS:-

This is what I think about C.A:-

It is the tree that I have grown by pouring water in it each day , so I can always think of growing it’s branches but never of cutting my tree (I can aim for a rank but a thought of quitting it shakes me) because I love my tree(CA/career)

A thought of earning on my own even if I is 20000-30000 as you say (I think it’ll be greater) fills a sense of independence and pride that I am something without anyone’s support…I am a self-made man. Whereas in business you know you are there because of your dad, grandpa etc..

Doing a job after becoming C.A. shall give one a self-confidence that yes even without the surname of my dad I am someone. This can never be achieved by a business man.

This is what I think about business:-

It is the tree that my grandfather has planted and father has grown by pouring water in it each day, so I can always think of growing it’s branches but never of cutting my tree. I love this tree also because I want his name to be shinning always.
It gave me shelter, food, clothing, education for 23 years. I also have a duty to make it’s name reach new heights. It would be disrespectful of me if I leave it and join a job.
It was the place I always wanted to go in childhood as my hero (dad) used to be working toiling hard there to get my family smile.
It is my roots and I salute it for being there to support my family.
It is in my blood as generations of hardwork are ploughed into business.
In business you might earn more than doing job.
It is my heritage, priceless possession.
I can create employment for many people.

My head and heart quarrel with the same question- C.A. or business?? To choose one is difficult as I love both. It’s like asking a child whom does he love the most- dad or mom?

-best of luck brother.....