"If you're in business, you need to understand the environment. You need to have a vision of the future, and you need to know the past."
India, which got its freedom from Britishers in the year 1947 had never thought, nor focused on how corporate sector would look life after independence. There was a very few businessman who earned a little profit by doing regular business, but as the saying goes, God always has a bigger plan for us than we can ever create for ourselves.
God had laid the foundation of India's corporate development way before it got its freedom. Yes, Business Tycoon Dhirajlal Ambani and Industrialist Ratan Tata were already born in the year 1932 and 1937 respectively. Just for the sake of hint, God had assigned both of them the same date of birth; that is 28th of December.
The life of these two businessmen from India is entirely different, but still, their thoughts and approach towards life are so similar that it proves they're born leaders.
Late Dhirajlal Ambani or Dhirubhai Ambani was born to a poor family, and he initially started working as a petrol pump attended, the man who lived in a 'chawl' (1RK) in Mumbai had founded Reliance Industries in the late 1950s and then went on to become the business magnate. On the contrary, in the year 1937, Ratan Tata was born, and not just born, he was rich. Very rich!
On their birthday, let's find out some rare, unknown and interesting facts related to their life.
Dhirubhai Ambani, who's known for going from rags to riches.
He proved very early in his life that he is street smart, and has a nose for profit. He had no educational qualification, and he believed in himself. A complete self-made man.
On the other side, Ratan Tata completed his basic schooling in Mumbai itself and then moved to Cornell University and Harvard Business School for higher studies, but his theoretical knowledge, suggestions and decisions have made him what he is today.
Let's find out some more unusual facts about these two business tycoons of India.
Yes, it's a pure fact that Ratan Tata, despite being rich, had started his career from Tata Steel, Jamshedpur in 1971. He had joined Tata Steel after refusing the job offer request of IBM from New York.
He not only visited those employees, but he promised and then later fulfilled it by providing full compensation to those employees, taking complete responsibility for the education of their children and full medical facility for them and their families in future also.
He dreamt of giving this country a low-cost small all-weather car, and he accomplished this goal with the launch of Tata Nano even after facing a lot of opposition from the government and critics.
"I don't believe in taking right decisions. I take decisions and then make them right." - Ratan Tata
In the year 1998, after the failure of Tata's affordable hatchback 'Indica', Ratan Tata tried to sell his passenger car business to Ford. In reply to this, Bill Ford (chairman of Ford) said, "If you do not know anything, why did you start the passenger car division at all. It will be a favour if we buy this business from you."
Exactly nine years after this 'humiliation,' when Ford's Jaguar and Range Rover was on the verge of bankruptcy, Tata offered to buy this business from Ford. Not just this, Ford Chairman called Tata and said, 'You are doing us a big favour by buying JLR.'
Dhirubhai Ambani never went to school after 10th standard. He joined his elder brother in Yemen, where he turned silver currency coins into raw silver by burning it and then made a good profit by selling them. Nobody would've thought that a 10th standard dropout from Gujarat's small village would one day claim a place among the richest family in India.
In the year 1958, he started his first small trading company, and by working eight years in a trading company, he managed to become the owner of the small spinning mill at Naroda, Ahmedabad.
In 1976-77, Reliance made its first biggest turnover of 700 million (70 Crore), as it could've been enough for someone else, but it was just a beginning for him.
"We cannot change our rulers, but we can modify the way they rule us." - Dhirajlal Ambani
And the critics had all the valid reasons to say this about him, as he quickly managed to bring politicians to his favours. In 1980, when Indira Gandhi returned to power, he then shared a platform with her at the victory rally. Critics have claimed a lot of time that he was even close to then Finance Minister of India, Pranab Mukherjee. And yeah, he was even claimed to be having a healthy relationship with Indian Prime Minister's aide R.K. Dhawan.
Dhirubhai Ambani had a dream, he dreamed of making India a super economic country and he showed that with his work and business sense that nothing is impossible to achieve only if you set your mind to make it happen.
If this doesn't inspire you, then nothing ever will.
Isn't this signals towards something? Well, it does. It sends a strong, inspiring message to the society that no matter where you're born, and what circumstances you face. If you are laser focused on the mind, then nothing can ever stop you.
We hope you liked these glimpses from the life of two biggest business magnates of India.
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