5 Lessons Entrepreneurs Should Learn From Mukesh Ambani _ Business Insider India

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!

(http://www.businessinsider.in

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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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