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8/19/2019 5 Lessons Entrepreneurs Should Learn From Mukesh Ambani _ Business Insider India
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More : Petroleum (/Topic/petroleum)
Mukesh Ambani (/Topic/Mukesh Ambani)
Dhirubhai Ambani (/Topic/Dhirubhai Ambani)
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Mukesh Ambani, the richest man in the country, canteach a lesson or two to everyone, especially budding
entrepreneurs. But since, he is busy raking in the
moolah, BI India decided to pick up five lessons that he
can teach all.
Dream big!
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The man inherited his father and India's iconic business
leader Dhirubhai Ambani's genes when it comes to
dreaming big. In 90s, Ambani, then in his 30s, had
dreamt of becoming the largest producer of polyester
fibre and yarn in the world and he actually did it. Today,
RIL is the largest producer of polyester fibre and yarn in
the world, with a capacity of 2.5 million tonnes per
annum, beating the traditional producers from South
Korea and Taiwan, who had dominated the business
since 1970s.
Do more, say less!
The quote by Israelmore Ayivor is apt for Mukesh
Ambani. The 57 year old likes to keep a low profile. He
isn't keen on social dos and neither is he voicing
opinions on important economic issues at events such as
the World Economic Forum. But still, he is one of the
most talked about personalities in the country. Ambani's
focus has always been his business and thisentrepreneur is credited for the creation of the world's
largest petroleum refinery at Jamnagar in Gujarat
besides other successful ventures. Need we say more?
Depend on no one!
A feudal style of management is not the mantra today.And Mukesh Ambani realised it even before feudalism
was out of the system. Ambani in an interview had said
that he did not want "people carrying their wisdom in
notebooks as if it some kind of secretive operations".
While he has a trusted team of a few people, who have
played a pivotal role in the growth of his empire ,
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Ambani has always emphasized on the importance of
being involved in one's own business. Well, no wonder
he managed to create an empire with net worth of
Rs1,76,766 crore in 2012-13.
Don't panic, stay strong!
Mukesh Ambani joined his father's business at a very
young age. While he was still learning the nuances of the
business, he lost his uncle and his father's business
partner Rasikbhai in 1986. This was followed by
Dhirubhai Ambani's stroke within five months of his
uncle's death. Ambani then had to take his father's place
and steered the company forward at a time when India
still had Licence Raj.
Keep your eyes open
Mukesh Ambani keeps his eyes wide open when it comes
to hunting for new ventures. During the announcementof Reliance Jio initiative, Ambani had clearly said,
"Today I see a billion people as a billion potential
consumers, an opportunity to generate value for them
and to make a return for myself". With start-ups
mushrooming in the country, Ambani has now turned
his eye at it and will soon be seen mentoring technology
start-ups that spawn billion-dollar businesses in thecountry.
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Rahul ladwa • 116 days ago
Mukesh ambani is the inspiration for youth
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pj • 116 days agoMukesh A the best
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Animesh • 116 days ago
Oh yeah! This is the most corrupt greedy businessman who only ever cares about making zillions of money,
and nothing else! And low profile? Excuse me, ever head of Anthila , which is supposedly the costliest home
in the world, worth more than a billion dollars, that too in a place where 'Asia's' largest slum comes out to be
his neighbours. Man of few words?? Just because he cannot even speak decent english & is not confident
enough to face large crowds! His dad did everything that he inherited today, and what this man has done is
nothing but a chain of corrupt business practices, that the whole of India knows today! Business insider
should be ashamed of writing such articles as this one! This man is a dacoit and can never be an inspiration
to anyone except criminals!
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amarth jain • Animesh • 116 days ago
Dear there is nothing wrong in doing wrong practice's to earn money....
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mahendra gala • Animesh • 99 days ago
as u do not know hardworking...clear business policy u say rubbies..
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NATARAJAN• 116 days ago
I HAVE PLAN TO BUSINESS MAN, I NEED BUSINESS DETAILS IN THE WORLD
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sons Entrepreneurs Should Learn From Mukesh Ambani | Business ... http://www.businessinsider.in/5-Lessons-Entrepreneurs-Should-
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sons Entrepreneurs Should Learn From Mukesh Ambani | Business ... http://www.businessinsider.in/5-Lessons-Entrepreneurs-Should-