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Don't obsess over Rs 10-20 crore goals but instead...: MobiKwik CEO, a Delhi IIT graduate, confesses he had less than Rs 1 crore in savings till age 40

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Money goals are everywhere on social media, and if you scroll long enough, you’ll find influencers casually throwing around numbers like Rs 10 or Rs 20 crore as if it’s pocket change. But not everyone is buying the hype. Two top startup founders—Abid Hassan of Sensibull and Bipin Preet Singh of MobiKwik—are pushing back, warning young Indians to stop chasing unrealistic financial milestones and instead focus on building skills, careers, and meaningful impact.

MobiKwik CEO Bipin Preet Singh shared his own story. A graduate of IIT Delhi, Singh revealed that by the time he turned 40, his savings were still under Rs 1 crore. Yet, that never bothered him. “Young need to focus on impact and their calling in life; the money will follow,” he wrote. Today, Singh’s 14.1% stake in MobiKwik is valued at over Rs 250 crore—proof that success doesn’t always come from chasing arbitrary financial milestones but from building value over time.



What did Abid Hassan say?
Abid Hassan, co-founder of Sensibull, called out the toxic culture of influencers casually tossing around figures like Rs 10 crore or Rs 20 crore as if they’re normal benchmarks. In a detailed post on X, he argued that such sums are life-changing for most Indians, even for the upper middle class, and making them seem ordinary is both misleading and damaging.

Hassan accused influencers of deliberately creating insecurity so they can sell overpriced courses, crypto scams, or financial “hacks.” He questioned why people who supposedly achieved financial independence would still spend their time pushing Rs 5,000 courses or shady collaborations instead of simply enjoying life.

For him, the real harm lies in how this narrative makes people feel inadequate for not reaching these “huge” milestones. He urged young people not to compare themselves with others, since doing so only fuels anxiety and poor mental health.



Instead, Hassan encouraged focusing on deepening skills, building competence, and pursuing meaningful work rather than chasing quick fixes like a “10-hour masterclass” or credit card optimisation tricks. True success, he said, comes from patience, long-term career growth, and living well—not from being pressured into unrealistic financial targets.

He closed by reminding readers that it’s okay if they haven’t figured out how to hit Rs 10 or Rs 20 crore yet. Life is a long game, and the focus should be on learning, upskilling, and enjoying the journey instead of obsessing over arbitrary numbers.
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