From working as a LIC agent to getting bankrupt in his business to becoming a billionaire with his second innings - here's how Lachhman Das Mittal started Sonalika Tractors International with just Rs 5000 & went on to become one of India's richest. Born in a poor family in a small village in Punjab, Lachhman's father worked on small commissions in local mandi that didn’t pay much. However, his father always #supported him with everything he needed. With a lot of savings & borrowings, he managed to pursue a degree in MA English, and earned a gold medal for showing academic excellence. Lachhman found it difficult to pay back to his friends whom he took the debt from, even after finishing his studies. • Working as an insurance agent: Being a gold medalist, Lachhman still #struggled to get a good job until he found a place in LIC in 1955. LIC, fortunately provided him with enough salary to clear his debts & live out of poverty. • When y...
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