Shah Rukh Khan, best known as the “Badshah of Bollywood” is a famous movie star. He is one of Richest movie star in the world of cinema. He is the second richest movie actor in the world. He has achieved great name and fame in the Bollywood industry.
You must be wondering what he must be doing with all the money or where the money goes? Of course, he spends it like other rich people, but he also invests a major part of it. Even though he is not a shrewd businessman, his money works because he redistributes his passion in his investments.
Here are his 4 business mantras:
Always diversify
As mentioned above, Being a successful actor, Shah Rukh Khan is also a businessman. Apart from this, he has also invested his money in education and sports. As we all know, he also runs his own film production and the distribution company, Red Chillies Entertainment and also the post-production and visual effects unit, VFX. He even owns the IPL franchise of the Kolkata Knight Riders.
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Shah Rukh Khan has also made investments in KidZania, a Mexican chain of family entertainment centres.
Avoid borrowing
This great actor never seeks finances or debt for his own movies although he can surely get many financers for funding his ventures. He always invests his own money into his films. He says he does not want to risk anyone else’s money for his own indulgence. The Badshah of Bollywood always tells people to avoid borrowing as much as possible. One should make do with less but avoid borrowing. He also does not like investing in share markets personally.
Always follow your passion
Shah Rukh Khan’s father used to run a restaurant and being from a business background, he is still not much aware of the various business tactics. He just follows his passion and business follows that.
Shah Rukh Khan has a passion for owning a film studio even though it’s not a very sound business proposition because film studios don’t give immediate returns on investment.
Never follow a fixed formula
Shah Rukh Khan says even though filmmaking is a high-risk business wherein there is no fixed success formula. He keeps on making the movies irrespective of his failures because he knows anything can click.
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