Individuals who possess a true entrepreneurial spirit are inspired by the success stories of those who start life from humble beginnings to become industry titans. Vinod Gupta is a true successful businessman who worked to become the successful billionaire he is today.
Not only is he humble, Vinod Gupta believes in giving back to worthy causes such as education. His father was his tutor when he wasn’t too busy and helped him understand the value of an education at an early age. Gupta believed that it was education that played a significant role in his upbringing. Gupta has given part of his net worth to building schools and created fellowships for future students who aspire to take part in science and business fields.
Upon completing his education, he became employed in a manufacturing company. After shortly realizing there was no demand from other national businesses to purchase the company’s product, Gupta set out to create such a database. This required an initial $100-dollar loan and would plant the seeds to become his very first business; Business Research Services and American Business Lists (ABI). He sold the company for an impressive sum of $680 million. Gupta says that the demand for database technology has exploded due to the technology boom experienced across the globe over the past few years.
Vinod Gupta tends to focus more on the long-term success of his businesses and leaves daily operational needs to individuals vigorously involved in the management of these tasks. Gupta believes individuals who play a key role in the long-term success of a company should be rewarded for attributes such as solid work ethic, loyalty and dedication.
Gupta advices business minded individuals to stay within specific areas that they are passionate about and to realize that they must take certain risks but to be able to do a cost-benefit analysis of the risk they are taking. Visit This Page to learn more about Vinod Gupta.
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