Did you know that MS Excel has a hidden, life altering Easter egg? This is a story of how I found it and discovered joy. Read on.
Almost an year ago, I have quit my job with one of the leading IT companies in the world, to embark on an uncertain but very exciting journey. I have started my own business around MS Excel – creating & selling awesome Excel products & training programs [visit our online store].
This is a continuation of the Chandoo.org Start-up Story posted around the same time last year. Grab a cup of coffee and read it in leisure. Do not expect any Excel tips. 🙂
[PS: if you are new to Chandoo.org, Read this and this before reading this post.]

What is it like to run a small business
When I wanted to leave a stable & well-paying job & start a business several things bothered me. What if my business never picks up? What if I do not generate enough money to sustain my family? What if I grow complacent & make mistakes? What if I get bored or lonely or get demotivated? What if I cannot handle the thousand little things that go in to running a business?
They say, leap and a net will appear. And leap I did. And just as if a switch is turned on, I found answers to all my doubts one by one. I discovered the joy in running a small business around my passion. I made mistakes, but I kept learning. I found help from friends. I made new friendships. I learned how to reduce, automate, outsource areas of work that are not critical. I hired people to help me with customer service & emails. And not one moment, I felt tired, bored or demotivated. In fact, I feel excited every single day about what I am doing.
How is my business doing?
Here is a quick summary of the business:
(April 2010 to March 2011)
- Total paying customers: 2,175 (Repeat customers: 175)
- Revenues: ~$200,000
- Top products – Excel School (743), PM Templates (1148), Dashboard Training (199)
- Consulting clients – Microsoft, Wao Marketing, eNor and more.
- Speaking & Training – Office 2010 Launch Event, International Excel Workshop @ Maldives
- Total Visitors to Chandoo.org – 2.5 Mn
- Visitors who spent more than 15 minutes on site – 787,000
- Number of comments received – 7,790
- Number of articles written – 217
- Press Coverage – MSN, Economic Times etc.
What did I learn in one year of doing this?
Many things. Hardly a week goes by without picking up some new skill or idea. But the most important things have to be,
It is not risky: I had this notion of taking huge risk by leaving a plush job. But then, the risk magically disappeared on day 2. Instead, I see immense opportunity for fun, knowledge, satisfaction and profit. All of which were not possible with my day job beyond certain extent. [Related: Is it scary to start?]
It does not take 80 hours per week: During the first 6 months, I used to work a lot. Most of the time I was inefficient. Then, I analyzed my time (in Excel, what else) and found that I could reduce the number of hours spent on e-mail and other activities to focus on what I love most – Excel, interacting with people and sharing new ideas. Now, I am spending <6 hours per day and I am happy with the results.
You need a supportive family: At least once a day, my son or daughter would walk up to my office-cum-guest-bedroom and knock on the doors, often violently, and scream – “daddy, da.” (meaning, Come out Daddy). Although, my heart would race to go out and hug them, I would say no and continue working.
There were days, when Jo (my wife) would feel lonely as I was locked inside the office room for a product launch or marathon recording session or crafting a dashboard etc.
But, thankfully, I have an understanding wife. So, they would be all smiles when I walk out. Also, I have learned to structure my working hours around my kids sleeping hours. For eg. I would get up at 4AM to do recording.
Saying NO is 100 times tougher than saying YES: While I feel immensely thankful for the growth in my business, it has also bought in a new challenge. There were too many opportunities. So many more than I can handle. I get requests for consulting, training, product development, testing, collaboration and more. Initially I used to say YES to everyone. Soon, I had a pipeline of things to do, with no clear plan on when I will finish everything. Then, I started being picky. I started accepting consulting work for projects which are challenging. I started collaborating with one company at a time. This reduced the workload. But the challenge of saying NO is so much more than YES.
Taking it easy is not so easy: When this blog was my side-business, I used to take it very easily. But during the initial months of making the switch, it was hard for me to take this easily. I would freak-out when my site went down, when a customer dis-liked my product or when I get an email with “Urgent” in the subject.
I learned to slow down things. For eg. I reduced the number of posts per week from 5 to 3. I also roped in more people. Hui, Paramdeep & a few guest authors to write on this blog. Ravindra to help me with emails & customer service. Naturally, this restored my sense of humor and ability to learn new things.
Ask and you shall receive: This is the most important lesson. I used to worry whether anyone would purchase my training or products. But then I realized that by just asking you to purchase, you would consider it. This is how I was able to generate revenues from Excel School, PM Templates and other products.
What next?
I am excited about the way my business has turned out. While I generally avoid from making long-term plans, here are a bunch of things I would continue to do,
- I would like to grow this business slowly and learn new things all along.
- I will continue to share my knowledge, mistakes and ideas with you.
- I will spend a great deal of time with Jo and kids. I love taking long walks with Jo, playing with kids.
- I like connecting with people all around the world and will continue to do so.
- I will continue making awesome products, training programs.
- We (our family) will continue to spend less, live meaningfully and give back a portion of what we make to society.
- I will continue to treat you, my dear reader, as my top-most priority.
Wishing you a happy Easter
I found an Easter egg in Excel. Instead of finding it on Easter day, I find it everyday. And I feel excited, fulfilled, grateful & honored.
I wish you will find your Easter egg. It might be in your profession, hobby, religion or community. I wish you will discover the same joy as I did and continue to spread it.
And if you have already found it, then I feel very happy for you.
Thank you.
Easter Egg photo from tillwe.


















6 Responses to “Nest Egg Calculator using Power BI”
Wow! What a Powerful article!
Hello Chandoo Sir
your file does not work with Excel 2016.
how can I try my hands on this powerful nest egg file ?
thanks
Ravi Santwani
@Ravi... this is a Power BI workbook. You need Power BI Desktop to view it. See the below tutorial to understand what Power BI is:
https://chandoo.org/wp/introduction-to-power-bi/
As always, superb article Chandoo... 🙂
Just one minor issue:
While following your steps and replicating this calculator in PowerBI, I found that the Growth Pct Parameters should be set as "Decimal number" not "Whole Number"
OR
we have to make corresponding adjustments in the Forecast formulas (i.e. divide by 100) to get accurate results.
You are right. I used whole number but modified the auto created harvester measure with /100 at end. Sorry I did not mention it in the tutorial.
Instead of
[Growth Pct 1 Value]/12
the monthly rate has to be
(1+[Growth Pct 1 Value])^(1/12)-1
It's a slight difference but in 30 years the future value will be $100k less.