talk about a successful businessman of India.
Who is he?
How do you know him?
Why do you admire him?
there are a number of persons in India and all over the world who became successful businessmen with their hard work and dedication toward their work.they became the role model for many other aspirants who want to become a business icon.they set an example in front of the people of the world that hard work never goes waste and one day I bear fruits.today I would like to talk about the business icon Dhirubhai Ambani who was a renowned personality in India because he had died a few years ago.
Dhirajlal “Dhirubhai” Hirachand Ambani was an Indian business tycoon. who founded reliance industries in Bombay, with his cousin. He appeared in the Sunday times top 50 businessmen in Asia.Ambani took Reliance Industries public in 1977 and by 2002, the combined fortune of the family was $6 billion. In 2016, He was honoured posthumously with the Padma Bhushan, India’s second-highest civilian honour for his contributions in trade and industry.
initially, Ambani did business with his cousin. The first office of the Reliance Commercial Corporation was set up at the Narsinatha Street in the masjid bander. It was a room with a telephone, one table and three chairs. Initially, they had two assistants to help them with their business. During this period, Ambani and his family stayed in a two-bedroom apartment at the Jai Hind Estate in Bhubaneshwar, Mumbai.In 1965, Champaklal Damani and Dhirubhai Ambani ended their partnership and Ambani started on his own. It is believed that both had different temperaments and a different take on how to conduct business. While Damani was a cautious trader and did not believe in building yarn inventories, Ambani was a known risk-taker and believed in building inventories to increase profit.
Ambani was admitted to the breach candy hospital in Mumbai on 24 June 2002 after he suffered a major stroke. It was his second stroke, the first had occurred in February 1986 and had paralyzed his right hand. He was in a coma for more than a week and a number of doctors were consulted. He died on 6 July 2002.the then prime minister of India Atal Bihari Vajpayee said on his death that “The country has lost iconic proof of what an ordinary Indian fired by the spirit of enterprise and driven by determination can achieve in his own lifetime”.
Q-1: what are the strategies to become a successful businessman?
Ans: the first and foremost strategies to become a successful businessman is hard work and dedication toward the goal with courage and determination because one has rightly said that hard work never goes waste.
Q-2: is it good to adopt some shortcuts in a business?
Ans: no not at all, shortcuts are not beneficial to adopt in a business because this could give you success for a short time but it does not create consistency in your business.so person should avoid adopting shortcuts in a business.
Q-3: what are the necessary things for two persons who want to do business together?
Ans: the most important thing is honesty in business. moreover, both persons should have a proper understanding of each other.furthermore cooperation and belief among each other are some other necessary factors for running a business.
Gagandeep Singh Kahlon
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