Rags to Riches

5 Rags to Riches Business Leaders in India

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All the richest billionaire personalities we know, heard, and read about are not born billionaires. Some of them were as common as you and I are, it is their hard work, passion, dedication, resilience, growth mindset, attitude of not giving up, and willpower that made all the difference.

And when we get to read such amazing stories of their journeys from rags to riches, we could not help but wonder and it all feels like they have got a fluke, which made them reach their goals and success. But we all know that success cannot be achieved without doing what is required. The same was true for them as well, the road to success is seldom smooth or comfortable but the result, in the end, is worth the whole journey and all the struggles faced and overcame.

Here we are going to explore such inspiring stories of some of the rags to riches business leaders in India, ahead, which will certainly leave us feeling amazed and inspired at the same time.

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Continue reading it with us a few such stories below, and know about those business leaders who had nothing in the start, apart from their talent and willpower, but they made it big in the end!

#1. Dhirubhai Ambani

Born in Gujarat’s town Chorwad, Dhirubhai Ambani was a school teacher’s son who began his journey of entrepreneurship as a bhajia (gram flour fritter) seller. When he was 16 years old and completed his matriculation, he went to Aden, Yemen to work as a gas-station attendant and also worked as a clerk in an oil company.

With just 50,000 rupees, in the year 1958, he came back to India, and here he established a textile company, Reliance Textiles, which became the first Indian company who raised money in global markets. The only and first Indian company to get featured on Forbes 500 list, was also reliance. In the year 1992. Also, the Federation of Indian Chambers of Commerce and Industry (FICCI) recognized Dhirubhai Ambani as The Indian Entrepreneur of the 20th Century.

#2. Karshanbhai Patel

Remember, that “Sabki Pasand Nirma” television advertisement? Karsanbhai Patel is the man behind the making of this detergent powder. When the cheapest detergent that was available in the market was 13 rupees per kilogram, in the backyard of his house in Ahmedabad, Karsanbhai used to make detergent and sell them door-to-door at just 3 rupees per kilogram. And he was so sure about the quality of his made detergent that he would provide a money-back guarantee with each sale. His this confidence and strategy helped him a lot to target the people who were from financially weak segments.

Gradually in the year 1969, he established his one-man company and turned it into a company that has now 18,000+ employees and its turnover is over 7,000 crores.

The current net worth of Karsanbhai Patel, according to a Forbes post dated October 6, 2021, is 4.2 billion US dollars.

#3. Kalpana Saroj

Born in a Dalit family, she has faced many injustices, and being a girl made things more difficult for Kalpana Saroj. When she was just 12 years, she got married, and then her in-laws used to abuse her both physically and mentally. She even had to face rejection by her villagers, which made her try to commit suicide.

Kalpana Saroj returned to Mumbai and lived with her uncle after turning 16. To provide support to her family, she has started to work in a garment factory. Kalpana established a tailoring business and furniture store by taking loans from the government and succeeded them. The entrepreneurial skills that she had, helped her to establish an effective real estate business, which also succeeded in the market and people started to know her.

In the year 2006, she took over Kamani Tubes Limited Company and is the present CEO. And not only this, in the year 2013, she has also been awarded the prestigious Padma Shri award for trade and industry.

Furthermore, Bhartiya Mahila Bank, which is a women’s bank, appointed Kalpana Saroj to The Board of Directors.

#4. Narayan Murthy

A middle-class family boy, Narayan Murthy, wanted to become an engineer and for this, he cleared its entrance as well but he still could not join the Indian Institute of Technology as his father was unable to afford the fees for the same. He then pursued a degree in electrical engineering from a local college of engineering and after completing his master’s degree at IIT Kanpur, he chose to pursue an IT career.

And then one day he gave birth to a Multinational Corporation, Infosys. And one of the most prestigious magazines, Forbes, recognized him as amongst the 12 greatest entrepreneurs. Also, he has bagged both prestigious awards, Padma Vibhushan, and Padma Shri.

#5. Sunil Bharti Mittal

Hailing from Punjab, Sunil Bharti Mittal, even before completing his graduation started to work when he was only 18 years old. Trucks were the mode of his travel due to his financial conditions, and during his travel, he used to live in cheaper hotels. Per day he used to work for 15 to 16 hours.

Burt also had strong willpower, he did not give up and kept going and pushing himself, no matter what difficulties came in his way. And it is due to his willpower, hard work, consistency, and passion that he is one of the world-known philanthropists and also the founder and chairman of Bharti Enterprises, which is spread in several sectors such as real estate, telecom, insurance, food, etc.

Conclusion

So, as we said earlier that not all of the richest billionaires are not born billionaires, these 5 about whom we just learned or read are examples of it. Does it not sounds and feels amazing how they had nothing at the start but they still were able to make it this big? Their stories will always work as an inspiration for all our future generations to come.

And here we hope that it was an inspirational and interesting read for you, and we also hope that you enjoyed reading it.

Read More: 

https://decisionmaker.in/biography-of-ratan-tata/

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