At a time, when most of us were busy cramming formulas and tables, 17-year-old Amlan Jyoti Khanikar is already a successful entrepreneur with two start-ups to his name.
I know what you are thinking… Yes he’s really 17.
However, the icing on the cake was when he was accepted into the Leangap Summer Program, to be held in Boston, USA. This makes Amlan the first person from the Northeast to be selected for this programme. So let’s trace his entrepreneurial journey.
It all started with a Ghost House
It all started in the summer of 2014, when Amlan along with some of his friends decided to participate in the school science exhibition. They wanted to steal the show, which they did, when they came up with a Ghost House as a project. That was a massive success and this prompted Amlan to convert it into a business project.
During Durga Puja, Amlan installed the house in the Dibrugarh Town Hall for 3 days. He monetised it by putting an entry ticket of Rs 20 which made him a profit of Rs 17000 in just 3 days.
Rather than splurging on luxury items with his hard earned money, Amlan decided to invest the sum elsewhere. He searched and contacted clothing companies in Jaipur and invested the whole amount in bringing clothes to my hometown. Though he had to sell out his stock, and made a loss of INR 7,000.
However, that did not deter him and he decided to get another lot of clothes worth INR 25,000 from the same dealer and this time, he hit the jackpot by making a net profit of INR 10,000. That was the start of his first venture – A Square Collection.
A turning point
A chance participation at UDGAM, IIT-Guwahati proved to be the turning point for Amlan. He got selected for Young India Challenge, IIT Delhi wherein he came across many people who loved and supported his business model. Not only that, he got good mentorship throughout the workshop.
About two years ago, Amlan also started a small tech firm called GT Tech as a Co-Founder. Through GT Tech they are clocking revenues of Rs 5 lakh per month
Amlan was recently selected into the Leangap Summer Program to be held in Boston, USA. It is expected that the program will help Amlan hone his skills to the fullest.
Team ENe wishes Amlan all the very best for the future