From $55K in Debt to Freedom and Purpose: My Son’s Business Journey (So Far)

In this episode of Bold Conscious Connections, host Raju Panjwani sits down with his son Nicholas Rohan Panjwani, a 27-year-old Duke Biomedical Engineering graduate who transformed his relationship with money, discipline, and purpose to build Elite College Tutoring.

What makes this conversation compelling isn't just the financial turnaround: it is about the internal shifts that made entrepreneurial success possible. Nicholas reveals how hitting rock bottom became the catalyst for developing the consciousness and systems thinking that every successful entrepreneur needs.

Perfect For

• Anyone struggling with financial discipline and money mindset
• Parents supporting adult children through career transitions
• Business leaders seeking purpose-driven career changes
• Entrepreneurs looking to understand consciousness and business success

🎤 Drop Moments

• "Debt is normal, be weird."
• "I would give more away for free."
• "Get to work."

WHAT YOU'LL DISCOVER:

→ How consciousness shifts before financial results

→ Why facing reality creates entrepreneurial power

→ The relationship between discipline and freedom

→ How service-first thinking builds sustainable business

→ What it takes to transform passion into systems

This isn't another debt payoff story: it is about the internal transformation that creates external success. Perfect for executives considering entrepreneurship and anyone seeking to understand what drives sustainable business growth.

00:00 Introduction to Nicholas Panjwani

02:34 Facing Financial Hardships

05:19 The Spiritual Journey and Money Mindset

07:47 Education and Personal Growth

10:24 The Importance of Discipline

13:02 Launching Elite College Tutoring

15:42 Transforming the Tutoring Approach

18:20 Understanding Complex Subjects

20:55 Building a Community and Brand

23:30 Lessons Learned and Future Aspirations

25:55 Rapid Fire Questions and Reflections

📚 RESOURCES MENTIONED:

Elite College Tutoring YouTube Channel:

https://www.youtube.com/@elite.college.tutoring

FREE GPA boosting resources:

https://www.skool.com/elite-college-tutoring-6796/about

+ Dave Ramsey principles

+ Biblical wisdom on stewardship

💼 CONNECT WITH NICHOLAS:

https://calendly.com/niroperformance/claritycall

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If you enjoyed this chat, please Download this episode, and SUBSCRIBE to this Show, so you do not miss any new conversations with my amazing guests!

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If you have a burning desire to be an entrepreneur, and you feel like you are at the end of your corporate career, reach out for a quick chat with me at:

https://calendly.com/rhp1955/discovery-call-with-raju-panjwani