Vinod Gupta would be the first person to tell you that you don’t need to be born with a silver spoon in order to earn your way to giving your own children a set. Vinod Gupta is one of the most successful individual entrepreneurs in recent memory and the current CEO of the investment team at Everest Group has come a long way to get to this position.
Gupta knows his roots and decided to reflect on his past in order to help entrepreneurs find a way to guide their path toward the future. Let’s look at some Sage Business Advice based on the personal history of Gupta himself.
It all started with a bank loan of $100. You read that correctly, just one hundred dollars. Only a few years ago, Vinod Gupta sold his major business for a cool $680 million. There is obviously a long and elaborate story between those two financial points of interest but they serve to show that, right off of the bat, Gupta is someone with clout that is worth listening to.
When Gupta was born in 1946 in the small village of Rampur Manhyara in India, his daily dreams were having running water and electricity. While his parents worked hard to provide for him, Gupta realized that one day he’d have to work just as hard to give right back. After retiring from the Indian Air Force in 1967, Gupta would make his move to America with a scholarship. Gupta’s plans from the beginning were to work harder than anyone in the room while also working smarter. Gupta focused on market research and found success at Commodore Corp where he helped to craft a master directory of businesses that aided in business-to-business transactions. Gupta’s early ingenuity served him well as he harnessed his grinding effort and spread his abilities into a string of other industries, eventually finding the success that he has today. Visit This Page for related information.
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Vinod Gupta grew up in a village in India, where there were no modern conveniences. Both of his parents worked hard to provide for the family. Gupta attended the village school and in 1962, he graduated. Considered to be a smart kid, he continued his education and graduated from I.I.T, Kharagpur, India with an agricultural engineering degree. Gupta wants to continue is education and was accepted to the University of Nebraska. Neither he nor his family had any money, so he borrowed 60 dollars to come to America.
One of Gupta’s notable talents was taking money that he borrowed from a bank and turn that money into capital. His first job was working as a research analyst and was given the task of researching all mobile home dealers located in the United States. He requested all of the yellow books available at the time to compile his list. Even though his company would not pay him for going through them, they told Gupta that they would consider purchasing his list when completed.
Once Gupta completed the list, he gave his employer two options. The first one to buy the rights to the list for the amount of 9,000 dollars, and the second option was to get the list for free but allow Gupta to sell it to other companies. His company went with option number two. Gupta had to borrow 100 dollars from the bank to make mailers. The 100 dollars soon became 25,000. Visit This Page for additional information.
Vinod Gupta took his lists and started his own business, the Business Research Service and American List. In 1993, Gupta was able to take his business public. In 2010, his one-hundred-dollar venture sold for 680 million dollars.
Today, Mr. Gupta oversees Focus Group which offers venture capital for database technology startups and acquires struggling businesses to make them profitable. The Focus Group’s mission revolves around the vision of Mr. Gupta who wants to extend helping hand to new entrepreneurs, who have an idea just like Mr. Gupta. Focus Group also applies Gupta’s principles and likes to share his Business Lessons to all who want to be successful like Vinod Gupta.
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Vinod Gupta is a serial entrepreneur who has a passion for business and a morally upright man. He was born in India back 1946. He is well known and respected for making use of $100 bank loan to build a company that later he enjoyed selling at $680 million something that hardly happens. Additionally, he was able to amass a wealth of experience after working for several years that is helping him in his current job to run things smoothly.
Led by Vinod Gupta, Everest Group is a family managed business that targets technological companies. Its main task is aiding in providing operational support as well as training for those poorly performing assets. Another thing that the company does is working closely with the underperforming companies to help them make a profit at long last.
Vinod Gupta is not a selfish man, and he appreciates his people by giving back to the society. Gupta has played a big role in improving the education by spending a lot of resources to construct schools. These schools include two at Alma mater, India as well as supporting the construction of girl’s school from where he comes from. Vinod Gupta has also founded many fellowships to help students in future in different fields for example science, management to mention a few. Go To This Page for more information about Vinod Gupta.
Gupta’s father was a doctor, even though his career was demanding, he spent most of his time coaching his son, Vinod Gupta. He showed him why it is essential to study. This made him serious in his studies and earned him a Bachelor’s degree in India. Mr. Vinod Gupta was also lucky to get a scholarship program that sponsored his Master’s degree at the University of Nebraska at Lincoln. He used the knowledge that he received in school to succeed in the world of business, and he has a good reason to help others who are willing to get an education.
See source article: https://interview.net/vinod-gupta/
Watch also Vinod Gupta’s video on YouTube.