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The Journey Of Kiran Mazumdar Shaw

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Journey Of Kiran Mazumdar Shaw,Startup Stories,2019 Best Motivational Stories,Life Style of Kiran Mazumdar Shaw,Life Journey Of Indian Women Entrepreneur,Kiran Mazumdar Shaw Success Story,Kiran Mazumdar Shaw Inspiring Story,Richest Woman Kiran Mazumdar Shaw,Founder of Biocon India,Biocon India Success Journey


Kiran Mazumdar Shaw, the richest woman in India and the owner of Biocon India, had quite a different journey planned for her when she started out. When Shaw was announced as the managing director of Biocon India, little was known about the lady who would work to become one of the most influential women in the country. While there was a lot of attention coming Biocon’s way, not many knew that Kiran was running the entire show from the garage of her home! The beginning days of Biocon were just like those of other great startups and had only two employees (and the blessings of Shaw’s father.)

The beginning 

Growing up, Kiran was in awe of how tuned in India as a country was to the field of science and chemistry. The daughter of a Master Brewer, Kiran always wanted to do something in the same field as her family’s business. Despite it not being a commonly followed career choice by women, Kiran decided to break the barriers and for most of her early adult life, worked to achieve her goals. With her family behind her decision and ready to push her forward not matter what, Kiran decided to pursue her dreams by joining a brewery course at Ballarat College, Melbourne University. Although she came back to India with a degree in hand, Mazumdar realised her dreams were far from coming true.

By the late ’70s, the fight was so hard, Kiran had no choice but to look for an alternative. She was refused job after job and everywhre she went, people started saying no. Even those who said yes to her plan initially, were now saying no. However, Kiran could not give up. She could not say no to making her dreams come true. Just when she thought she was stuck at a dead end, she decided to shift lanes and pick biotech as the alternative course. With no knowledge in this field and no idea on how to start building this firm, Shaw definitely had her work cut out. The only thing she knew biotech and brewing had in common was that both had the same sense of mixtures and proportions that go into creating the final product!

Picture credits: entrepreneur.com

The journey to the top

At a time when women doing anything out of what was expected was a mythical fact, Kiran Mazumdar Shaw showed everyone that her dream was worth a lot more than what society said or thought. Fueled with the belief that if you wanted to do something, you just had to make it come true, Shaw changed the field of biotech in India forever. Biotechnology as a field wasn’t known to the world when Shaw entered and at the time, bankers were extremely apprehensive about giving their money to a field they knew nothing about. It was only after after the first IPO Biocon raised, that people realised Shaw wasn’t here to joke around!

Picture credits: businessworld.com

With a net worth of $ 3.2 billion, Kiran Mazumdar Shaw is now among the top richest women in the world and is named as one of the most influential people in the world of science and technology (according to Forbes.) Not only did she grow Biocon to a stage where it is the 4th largest producer of insulin in the world, as a part of the Prime Minister’s Council on Trade  and Industry in India and the US-India CEO Forum, Kiran works every day to better the world one cure at a time!

 

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Entrepreneur Stories

Warren Buffett Most Inspiring Quotes

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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

 

8) About doing good

 

9) About investment

 

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. 

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First Jobs Of Famous Billionaires

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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.

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JRD Tata Unknown Facts

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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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