P C Musthafa : From a coolie's son to the CEO of 100 crore company.
Idli Dosa Man
P C Musthafa was born in a small village of Chennalode near Kalpatta in Wayanad. His father was a coolie and his never mother never went to school. His village was so remote that it had only primary school.
He had a very deep interest in studies but due to electricity problem he faced difficulty in studying at night. He was very good in mathematics. But after failing in Class 6 he lost interest in his studies.
His maths teacher was aware of his talent and encouraged him to study. The impact was such that not only he started his studies with new zeal he became topper in Class 7 and then he never looked back. He stood first in Class 10.
For further studies, his father's friend suggested to join Farooq College in Kozhikode (Calicut). In those days junior college was known as pre-degree. There he was one of the 15 students who were offered free stay and food, as he could not afford to pay. Others looked at him with disdain. There he worked very hard. Then he wrote engineering entrance exam after his college and was ranked No 63 in the state. He got admission at the Regional Engineering College (now the National Institute of Technology).
From there his tables turned. He worked very hard. Improved himself and moreover God was with him. When he graduated in 1995, he got placed at Manhattan Associates, an Indian start-up in the US.
Then he worked in Citibank and moved to Dubai. His father cried when he sent money to his father. He paid of his debt and he helped his sister.
In 2003 he returned to India. he decided to do MBA and got admission in IIMB. Even while studying at IIM-B, He would constantly discuss business plans with his cousins. Shamsuddin, one of his cousins, had seen dosa batter being sold in plastic bags tied with a rubber band in nearby stores and suggested they would make and supply dosa batter. . He decided to invest Rs 25,000 and start a company immediately.
Five of his cousins decided to join the company .They began with 550 square feet and started with two grinders, a mixer and a sealing machine. They named the venture ID Fresh as they planned to supply fresh dosa and idli batter. The best part of their venture was that they started making profits from day one. They started with Rs. 400 as a profit and they continuously expanded their business. Their investment increased and after completing his MBA he joined the company as CEO.
They expanded their business to other cities like Chennai, Mangaluru, Mumbai, Pune and Hyderabad. His friends and relatives joined him to take ID Fresh to the next level.
Today, they produce around 50,000 kg in their plant. Their total investment is around Rs 4 crore and their revenue is Rs 100 crore . He grew his company from 10 packets a day in 2005 to 50,000 packets a day. Now they support 1,100 employee approximately.
He always wanted to be an entrepreneur and he succeeded in what he dreamt of. Born in a modest family today he is the owner of a 100 crore company. He left all the lucrative jobs to become what he dreamt to be. He dreams to make ID as the most trusted brand. His story is truly inspirational.
Idli Dosa Man
P C Musthafa was born in a small village of Chennalode near Kalpatta in Wayanad. His father was a coolie and his never mother never went to school. His village was so remote that it had only primary school.
He had a very deep interest in studies but due to electricity problem he faced difficulty in studying at night. He was very good in mathematics. But after failing in Class 6 he lost interest in his studies.
His maths teacher was aware of his talent and encouraged him to study. The impact was such that not only he started his studies with new zeal he became topper in Class 7 and then he never looked back. He stood first in Class 10.
For further studies, his father's friend suggested to join Farooq College in Kozhikode (Calicut). In those days junior college was known as pre-degree. There he was one of the 15 students who were offered free stay and food, as he could not afford to pay. Others looked at him with disdain. There he worked very hard. Then he wrote engineering entrance exam after his college and was ranked No 63 in the state. He got admission at the Regional Engineering College (now the National Institute of Technology).
From there his tables turned. He worked very hard. Improved himself and moreover God was with him. When he graduated in 1995, he got placed at Manhattan Associates, an Indian start-up in the US.
Then he worked in Citibank and moved to Dubai. His father cried when he sent money to his father. He paid of his debt and he helped his sister.
In 2003 he returned to India. he decided to do MBA and got admission in IIMB. Even while studying at IIM-B, He would constantly discuss business plans with his cousins. Shamsuddin, one of his cousins, had seen dosa batter being sold in plastic bags tied with a rubber band in nearby stores and suggested they would make and supply dosa batter. . He decided to invest Rs 25,000 and start a company immediately.
Five of his cousins decided to join the company .They began with 550 square feet and started with two grinders, a mixer and a sealing machine. They named the venture ID Fresh as they planned to supply fresh dosa and idli batter. The best part of their venture was that they started making profits from day one. They started with Rs. 400 as a profit and they continuously expanded their business. Their investment increased and after completing his MBA he joined the company as CEO.
They expanded their business to other cities like Chennai, Mangaluru, Mumbai, Pune and Hyderabad. His friends and relatives joined him to take ID Fresh to the next level.
Today, they produce around 50,000 kg in their plant. Their total investment is around Rs 4 crore and their revenue is Rs 100 crore . He grew his company from 10 packets a day in 2005 to 50,000 packets a day. Now they support 1,100 employee approximately.
He always wanted to be an entrepreneur and he succeeded in what he dreamt of. Born in a modest family today he is the owner of a 100 crore company. He left all the lucrative jobs to become what he dreamt to be. He dreams to make ID as the most trusted brand. His story is truly inspirational.