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How I Began My Career In CA?
I was born and brought up in a small town, Bhusawal in
Maharashtra (India) in a lower-middle-class family with very limited
resources.
I was a good student at school and always dreamt of
becoming a doctor however because of the high tuition fees pursuing medicine
was ruled out!
Observing my interest in studies, my father advised me to prepare for Chartered Accountancy
exams because of the prestige this course held and also the career
opportunities one has after qualifying.
Back then (1978), becoming a Chartered Accountant was considered a
great feat as only a few people managed to clear the exams. I loved challenges and so decided to go for it.
Also, CA was well known for being one of the most
economical qualifications in India where one could
work while studying. Just perfect for me!
And here started my CA journey in 1978.
I kept going forward with little support
Since I came from a lower-middle-class family, I had a lot of financial responsibilities. I did not have the luxury to focus 100% on ‘just’ studying! So along with my articles and CA preparation, I helped my dad in his small business and on certain days even gave tuitions to earn some extra income! For a few years this was my routine – Wake up at 4 am, prepare for my lectures, then attend articles, give tuitions and later study for CA! All of this left me very exhausted with little time to study and obviously I kept failing my CA Exams. A few years later I completed my CA articles but was still not able to clear my CA Final exams!
Initially teaching was the only source of income, but later, I
realized I had to hustle a lot more to make ends meet!
That’s when I decided to start a few businesses on the side to
earn some extra income…so I started washing milk bags and selling them, trading
shirt pieces, and spices, etc.
Eventually, I learned the craft of furniture making and started
this business (of course while still teaching!). Luckily this took off and life
got better financially!
So now my day started with giving lectures on Accountancy,
managing my business, and then taking care of my family.I kept going forward with little support
Since I came from a lower-middle-class family, I had a lot of financial responsibilities. I did not have the luxury to focus 100% on ‘just’ studying! So along with my articles and CA preparation, I helped my dad in his small business and on certain days even gave tuitions to earn some extra income! For a few years this was my routine – Wake up at 4 am, prepare for my lectures, then attend articles, give tuitions and later study for CA! All of this left me very exhausted with little time to study and obviously I kept failing my CA Exams. A few years later I completed my CA articles but was still not able to clear my CA Final exams!
Working full time and still pursuing CA
Fast forward, I got married and as my family grew (we have 3 children) my responsibilities increased and the study time for CA reduced!Did I give up on my CA dream in the midst of all this? NO.
Even after a hectic workday, I would study and prepare for my CA exams every night! My parents, my wife- Shubhangi, and children supported me in every way they could. There were days when I would be sitting in the same exam hall as my students but nothing demotivated me. I knew CA was a challenge I had taken and strived hard to give in all the efforts I could. Nothing else bothered ever. Finally qualifying as a CA after 30 long years! Almost 20 years into my CA journey, in 1998, I met with an accident; and unfortunately, had badly damaged a finger on my right hand! (Even today it still doesn’t bend.)
Everything came to a standstill and my dream of becoming a Chartered Accountant seemed impossible! It was then that my wife encouraged me to use my left hand to write. It was not easy at all but somehow, with every passing day; my conviction grew stronger and I continued with my CA preparation. After almost 6 years, I was able to use my right hand again! In the meanwhile, I kept appearing for the exams and would fail by a few short marks! In fact, by now I had even given up on checking the exam results! Finally, on the 16th of January 2008 (the golden day of my life)