We often hear stories being told about children inheriting their parents’ fortune, yet relatively few are told where children take their parents’ dream and turn it into the most profitable venture in the world. When one looks at the path taken by Mukesh Ambani, this is exactly what they will say.
From textiles to polyester strands and further into petrochemicals and oil refining, he made numerous new world class fabricating offices. He took over the Indian telecommunications market when he launched Reliance Jio in 2016.
Mukesh Ambani has been India’s richest man for the past decade and as of March 2019, he is the thirteenth richest man in the world. Here are a few things we can learn from his life.
1) Let your work speak on your behalf
On the off chance you ask Mukesh Dhirubhai Ambani to share his secret of success, he may say extremely few words. Since the man is among the individuals who are ‘doers’ and not ‘talkers.’ The business tycoon usually keeps a low social profile and yet, he is one of the most talked about people in the Country. Ambani’s focus has always been on his business and he is credited for building the largest empire in Asia. Need we say more?
2) Dream big
Just like his father Dhirubhai Ambani, Mukesh Ambani also likes to dream big in business and in life. Back then, Dhirubhai Ambani dreamt of becoming the largest producer of polyester fiber and yarn in the world and he actually did it. Now, his son has taken over Indian oil and gas market and Indian telecom market with this very attitude. Needless to say, his billion dollar skyscraper house is also a result of dreaming big.
3) Depend on yourself
Ambani, in an interview, said he did not want “people carrying their wisdom in notebooks as if it some kind of secretive operations.”
Though he learnt to trust a few people over the years, Ambani constantly accentuated on the significance of being associated in one’s own business. He always trusts his own instincts and knows nothing can match the aspects of self learning and perseverance.
4) Hunt for new ventures
Mukesh Ambani is constantly on the hunt for new opportunities. It always pays well to observe and understand your surroundings. You may have created the best product or service, but there is always a chance a new product or service could outdo yours. It is better you keep your eyes wide open for any new venture or opportunity which may come your way.
5) Stay strong, don’t panic
Mukesh Ambani joined his father’s business at a very young age and while he was still in the process of learning the business, his father passed away. This did not shatter him. Ambani gathered all his strength and steered Reliance Industries Limited to become the biggest Asian company. Mukesh Ambani strongly believes that strength and perseverance can bring you out of any hardships.
Mukesh Ambani is one of those names whose accomplishments in the business world is a testament to India’s rise as a business power. A man with no capital, no associations and no Ivy League degree demonstrated to the world what is conceivable with grit, resilience and diligent work. Year after year, Reliance Industries only continues to become bigger and better. With this kind of work, Ambani will soon be among the top 10 richest people in the world.
Comment below and let us know which of these lessons inspired you the most.
Warren Buffett Most Inspiring Quotes
The fourth richest man in the world, Warren Buffett is one of the greatest businessmen and investors of all time. Known for succeeding in everything at which he tried his hands, Warren Buffett is an inspiration to many. Here are the 10 most inspiring quotes by the “Oracle of Omaha.”
Most inspiring quotes by Warren Buffett
1) About passion
2) About happiness
3) About expectations
4) About success
5) About spending
6) About the important rules of life
7) About reputation
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Know the risks for it will keep you cautious. . . #StartupStories #StartupLife #GrowthTips #FridayThoughts #WarrenBuffett #USA #motivationalspeakers #motivationalquotes #inspirationalquotes #inspiration #success #successmindset #sundaythoughts #sundaymotivation #believeinyourself #believe #entrepreneur #entrepreneurship #entrepreneurgoals#instadaily #instainspire
8) About doing good
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Work in such a manner that you leave behind something useful for later generations. . . #StartupStories #StartupLife #GrowthTips #LifeHacks #WarrenBuffett #ThursdayThoughts #motivationalspeakers #motivationalquotes #inspirationalquotes #inspiration #success #successmindset #believeinyourself #believe #entrepreneur #entrepreneurship #entrepreneurgoals#instadaily
9) About investment
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Invest in yourself before investing in anything else. . . #StartupStories #StartupLife #FactOfTheDay #MondayMotivation #GrowthTips #LifeHack #warrenbuffet #warrenbuffettquotes #motivationalspeakers #motivationalquotes #inspirationalquotes #inspiration #success #successmindset #believeinyourself #believe #entrepreneur #entrepreneurship #entrepreneurgoals#instadaily #instainspire
10) About greed and fear
From being a paper delivery boy, to becoming one of the richest men in the world, Warren Buffett is an absolutely inspirational figure.
Comment below and let us know which of these quotes by Warren Buffett inspired you the most.
First Jobs Of Famous Billionaires
The success stories of many billionaires around the world inspire many people of our generation and have, on several occasions, ignited a desire in many to start their own business. However, many of these successful people began their career by working ordinary jobs. Let’s look at 5 such successful people, who started their career by working some very ordinary jobs.
First jobs of famous billionaires
1) Warren Buffett
Warren Buffett is the CEO of Berkshire Hathaway and is often referred to as the “Oracle of Omaha.” However, this American business magnate started his career by selling Coca-Cola bottles, chewing gum and magazines door-to-door. At the age of 13, he became a newspaper delivery boy and made $ 175 a month, delivering The Washington Post. He continued to look for other business ventures and accumulated savings of $ 9,800 by the time he finished college. Now, with a net worth of $ 82 billion, he is the fourth richest person in the world.
2) Michael Bloomberg
Michael Bloomberg, who founded the financial, software, data and media company Bloomberg L.P., worked as a parking lot attendant when he was young. Born to middle class parents, Bloomberg worked in a parking lot to pay his tuition fees in college and went on to graduate from Harvard Business School. Now a well known philanthropist, Michael Bloomberg is one of the richest people in America, with a net worth of $ 53.5 billion.
3) Oprah Winfrey
Oprah Winfrey is a well known media mogul and entrepreneur, who worked as a grocery store clerk in Nashville to support herself. She then landed a job in radio at the age of 16 and worked her way to the top, eventually owning her own production company. Now, with a net worth of $ 2.6 billion, she is considered one of the most influential women in the world and is a source of inspiration to many.
4) Li Ka Shing
Li Ka Shing was the former chairperson of CK Hutchison Holdings and CK Asset Holdings and is one of the most influential entrepreneurs in Asia. Coming from a poor family, he started his career as an apprentice at a watch strap factory when he was 13 years old and at the age of 19, became the general manager of the factory. He later started his own plastic manufacturing company and used the profits from the company to invest in real estate. Li slowly worked his way up the ladder of success and is now one of the richest people in Hong Kong, with a net worth of $ 27.1 billion.
5) Mark Cuban
Mark Cuban is an American Shark Tank investor, co founder of Broadcast.com and owner of the American basketball team Dallas Mavericks. Cuban began working at the age of 12 as a door to door garbage bag salesman. After graduating college, he worked as a bartender and then as a salesman for a software company. He started his own company, Broadcast.com, after getting fired from his job and now has a net worth of $ 4.1 billion.
It is true, starting at the bottom does not guarantee success. However, if you find your passion and work hard towards it, nothing is impossible, as the aforementioned individuals proved.
JRD Tata Unknown Facts
Tata Group, which began in 1868, has had six chairmen until now. Among the six men who served this renowned business group, there was one exceptional man who served as its chairman for 50 whole years and took the Company to great heights. Yes, the man we are talking about is none other than Jehangir Ratanji Dadabhoy Tata, or JRD Tata.
From starting India’s first ever international airline, to giving the Country one of its largest cosmetic brands (Lakmé,) this gentleman has done it all. JRD Tata also strived his best to improve India’s economy on the whole. Here are some unknown facts about this exemplary industrialist.
Unknown facts about JRD Tata
1) JRD Tata was born on 29th July, 1904 in Paris and had a French citizenship for a long time. He even served as a part of the French Army for one year.
2) In 1925, he entered the Tata Group as an unpaid apprentice.
3) JRD Tata was always keen on flying and became India’s first licensed pilot in 1929.
4) In 1929, JRD Tata also renounced his French citizenship and took up Indian citizenship.
5) In 1934, JRD Tata was elected as the Chairman of the Tata Group. He was only 30 years when he was elected for this position, making him the youngest person to head the Group.
6) When he was appointed as the Chairman, the Tata Group had 14 companies under it. JRD Tata expanded it to an empire of 95 companies in a span of 50 years. Some of the most renowned companies established by JRD Tata during his tenure as the Chairman include Tata Motors (1945,) Lakmé (1952,) Tata Tea Limited (1964,) Tata Consultancy Services (1968) and Titan Industries Limited (1987.)
7) JRD Tata was the person who launched Air India International, India’s first ever international airline. For this reason, he is also known as the ‘father of Indian aviation.’
8) JRD Tata was the man who initiated the ‘employee welfare schemes’ in India. He is responsible for the 8 hour work day, free medical aid and the employee provident fund. These principles were later adopted by the Indian Government.
9) It is no surprise this man received several awards during his lifetime. His awards include the Padma Vibhushan (1957) and the Bharat Ratna, India’s highest civilian award (1992.)
10) When JRD Tata died in November 1993, the Indian Parliament was adjourned in his honour.
Which of these facts about JRD Tata surprised you the most? Comment below and let us know.
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