Blog Updates of Hon'ble Sudhir Moravekar is the founder and chairman of the Panoramic Group, one of the largest conglomerates in the Indian hospitality.

Friday, 17 May 2013

Destiny or God's Wish, Future Will Always Be Unknown

The thought which inspired me writing about this stuff was when certain unforeseen events changed my friend's life. It was a long weekend and we friends decided to enter a football tournament organized in our city. Since all of us were a decent players, who had earlier experience of playing a tournament we thought we would win the tournament. We had to pay the entry fee to get into the tournament. 

Since we were sure about winning the tournament we contributed money equally and got into the tournament. Initially we won with ease all our league matches and the quarter final and semi-final matches were a bit tough than the league matches. All these teams didn't stand a chance against us but it all changed in the final. The final match was the game of the tournament. It was so tough that there were players abusing each other, small fights where in referee had to intervene.

The match was decided by way of penalties. We were lucky to win the match and the tournament. During all these matches we were being observed by a selector of a popular football club and he asked three players of our team to play for his club. One of them was my friend who was hardly having any luck with employment. He was thrilled to play for the club but he declined the offer citing the same reason. The coach being a generous person promised him a good job only if he agrees to play for the club.

He was given two options to choose from. One was in Hotel United-21, Thane and other was at a local workshop but in Virar. He chose the first option as the job location was near to his place and also it offered a good reasonable package. He started his practice sessions with the clubs along with his work. Few months later we again met for such a tournament. It was then he told me about his job and his career. He had decided to give his career and start his own venture. Upon inquiry he told that he had learned the story from Sudhir Moravekar, the MD of Panoramic Universal Ltd (PUL), company that manages the hotel he was working in. Even Mr. Sudhir Moravekar had started his company from scratch. He was really inspired by his achievements and he had decided that even he would try and make it really big in the market.

One thing relates to another, who has thought he would quit his job and started his own firm. That's the wonderful thing about future; you never know it might be your destiny or God's wish.

Friday, 3 May 2013

From Street to High Class Life – Good Example to learn from Sudhir Moravekar

There are so many instances where in people carve out their growth with their persistence and grit. Sudhir Moravekar is one of them who with his hard work have created a niche for himself. He himself said that he used to sell tea on footpath for years in India. He managed hardly a one grand a month and it was very difficult to manage his family. The only reason he managed to build a multi-million empire is because he believed in hard work. He is not even embarrassed to mention his past. He had an ambition and a desire to succeed. He is modest when he says that his three principles took him to the position he is in. His three principles are hard work, intelligence and honesty and he still values the importance of these principles. Times have changed, from footpath to five star hotels, but principles are intact along with hunger to grow more. He is from that breed of entrepreneur who started off with only a dream.

Today his company Panoramic group, consisting of many divisions like Panoramic Universal Limited, Pancard clubs Limited and Panoramic Holidays, is one of the leading units in hospitality sectors. It is even said that he used to sell Paan (Beetle leaves) and he is not ashamed of this fact. He says then he had no financial resources to start a business so he had to take up such odd jobs so that he can provide a living for his family. Years later he and his friend decided to start off with a construction company and since it was a partnership business even he was supposed to contribute some funds.

Though he had saved few hundred rupees, it was not enough for the business. His wife, Mrs. Viidyaa Moravekar had her gold mortgaged to help him grow. Trust me when I say that Indian wife’s always sacrifice everything just to see their husband do well. The partners started with a good deal, they purchased a huge plot purchased a land in Lonavala. The idea was to send the plot to buyers in part and earn a good profit on it. They struck gold when they sold the complete plot part by part to NRIs. They had made a considerable profit on this deal. It was only then when he thought of seriously growing in to the same business. He sensed that there are lots of opportunities in real estate sectors and he was sure that his dream of achieving something big would be achieved if he uses his skills and temperament in this field. The rest as they say is history.

Today he will be glad that he took that decision to venture in to real estate business. His real estate business somewhat turned in hospitality and now his company manages hotels and resorts across India, United States of America, New Zealand and Thailand. He doesn’t seem to stop here as he has more plans which he would be implementing very soon. He made a great organization named proudly as Panoramic Universal Ltd.