Meena Bindra: The 40-Year-Old Housewife and Mother of Two Who Started Dress Designing to Earn Pocket Money and Ended up with 600 Crores!

October 13, 20212 Minutes Read
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Meena Bindra got married when she was 20 years old. She then had two sons and got busy taking care of kids and family.

She was creative, though and took up dress designing as a hobby. Then it became a source of pocket money for her. Starting a business was never her plan, though.

She says, "When I started designing clothes as a hobby to earn some pocket money, I never dreamt of becoming a businesswoman!"

However, she had courage and passion. "If you have the passion for something, just do it," she says. And that's exactly what she did!

She took up a loan of Rs 8000 and launched the brand BIBA, a brand specializing in salwar kameez and kurtas.

In 2004, Biba opened its first outlet in a Mumbai mall. In March 2012, BIBA's annual revenues stood at Rs 300 crore. And by 2020, BIBA was a 600-crore business venture!

On her way to become a successful businesswoman, there were so many myths that Meera proved wrong.....

  • A woman cannot have a career as well as a family: Meena was married and a mum to two sons when she started her business. She has her husband's support. He helped her get her first loan to start the business. Her sons later joined her business and helped her run it.

  • One needs to be young and start early to be successful in business: Meena was almost 40 when she decided to launch BIBA.

  • Creativity doesn't pay. One needs a business degree to start a business: Meena had no earlier experience of running a business or working in a corporate set-up when she started designing clothes.

    In fact, Meena was a self-taught designer. She had no formal degree in either dress designing or business. It was her determination, passion, hard work and creativity all the way.

  • You need to be wealthy to start your own business or be a part of a business family: Meena's husband was in the Navy. She took a loan to start her business.

  • Girls need to stick to conventions. And not think beyond: Meena followed an opposite route, in fact. Rather than limit her talent as a hobby, Meena decided to expand her horizons. She ventured out to start her business at an age where people start planning for retirement. It was this approach of expanding her horizon and thinking beyond what is the convention that helped Meera achieve success!

    When Meena started her business, she had to learn everything on her own. Over a period of time, things have become easier for girls. There are scholarships available for girls to pursue their dreams, free online courses for those looking to hone their skills in a particular field and even free career guidance for those who may be undecided about their future.

    If you wish to apply for a scholarship or wish to know more about the career options available for women today, click here!

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February 16, 20242 Minutes Read

Wealth Management and Advisory: Career Opportunities for Young Women

An exciting and lucrative avenue in finance is emerging for young women -- wealth management and advisory. As the financial landscape evolves, so do the opportunities for women to carve a niche in this traditionally male-dominated sector. Let's explore the promising career opportunities for women in wealth management.

Wealth management is not just about handling money; it involves strategic planning, investment advice, and creating financial roadmaps for clients. This dynamic sector offers many jobs for women with a keen interest in finance and a desire to empower others financially.

The rise of women in finance is challenging stereotypes and reshaping the narrative of the financial industry. Women's inclusivity in wealth management brings diverse perspectives, innovative thinking, and a more empathetic approach to client relationships. This shift concerns equality and a more holistic and client-focused financial experience.

One noteworthy aspect is the increasing prevalence of online jobs for women in wealth management. The digital age has opened up avenues for remote work, allowing women to balance professional and personal commitments seamlessly. Online platforms offer flexibility and accessibility, making wealth management more accessible as a career opportunity for women.

The role of women empowerment jobs in wealth management extends beyond managing finances; it's about empowering clients to take control of their financial destinies. Women in this field are not just financial advisors but mentors, educators, and advocates for financial literacy contributing to a more informed and economically empowered society.

The financial sector recognises the unique strengths that women bring to wealth management. From communication skills to emotional intelligence, these attributes enhance client relationships and contribute to the overall success of advisory services. The changing dynamics of the industry create an environment where women can thrive and excel in their careers.

As the demand for personalised financial advice grows, so does the need for skilled professionals. This presents a wealth of career opportunities for women willing to invest in their education and build expertise in wealth management. Financial institutions actively encourage women to pursue careers in this field, recognising the value they bring.

An exemplary figure in this context is Neha Sharma, a young professional who found her calling in wealth management. Neha's journey reflects the changing tide for women in finance as she navigated the industry's intricacies to emerge as a successful wealth advisor. Her story inspires young women seeking this dynamic and rewarding career path.

The shift towards creating career opportunities for women in wealth management aligns with broader societal changes. Organisations are realising the importance of gender diversity in their teams, promoting an environment that fosters equal opportunities and values the contributions of women in finance.

The wealth management and advisory world holds tremendous promise for young women in India. The evolving landscape creates exciting career opportunities for women who aspire to make a mark in the financial sector. As women continue to break barriers and thrive in wealth management roles, the future promises a more inclusive and diversified financial industry where expertise knows no gender boundaries.At Glow & Lovely Careers (formerly known as Fair & Lovely Career Foundation), we believe in empowering women to be independent. We provide online career guidance, existing jobs and other courses to help them in India's wealth management field.