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Facing Down The Odds


wealthymatters

There is little Kushal Pal Singh hasn’t seen. He built the city of Gurgaon out of nothingness. He also saw it begin to crumble under its own weight.

He almost sold DLF for Rs 26 lakh, but later also saw the value of his shareholding in it climb to Rs1,87,920 crore. Now, it’s declined to just Rs14,701 crore.

In 2007, he was celebrated for bringing India’s biggest IPO.Seven years later, he stands condemned by Sebi, for failing to disclose material information in that very offer. He has also seen both friends and foes occupy high places.

He is among the first who had the vision of a large-sized modern building that is as good as any in developed countries. Now, cash flow questions are being asked about many of his ongoing property projects.

Consistent with the title of his autobiography ‘Whatever the Odds’, his ride is neither smooth nor straightforward.

When KP Singh ventured into Gurgaon in the late seventies, no one would have imagined what it would become over the next few decades. Good fortune and intent and perseverance all played a part. Read more of this post

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3 Things Gates Learnt From Buffett


wealthymatters

Few people in the US are more successful than Bill Gates. But that doesn’t mean the billionaire knows everything. There are still important business lessons to be learned by America’s richest man -and who better to learn them from than Gates’ friend and fellow billionaire Warren Buffett? Earlier this year Gates traveled to Omaha for Berkshire Hathaway’s annual shareholders meeting. He outlined the three most important lessons he learned from Buffett.

Look at the Big Picture

When Gates first met Buffett, his immediate instinct was to focus on the surface of his success: picking and investing in stocks. But Gates quickly learned that key to Buffett’s success runs much deeper -it’s about the big picture of a business. “He has a whole framework for business thinking that is very powerful,“ Gates writes.

Be Honest with Shareholders Read more of this post

The Rise Of Asia


Billionaire Cities

Better Than Yesterday


Dr Anji Reddy

Sara Blakely Of Spanx


wealthymatters

Sara Blakely was 27, working for Danka , selling fax machines door-to-door when one day she had her ‘a-ha’ moment. She was going to a party and needed footless pantyhose to go with her outfit, so she cut the ‘feet’ off her pantyhose. And Bam! Problem solved! Somewhere in there, she’d been praying to ‘the universe’ to give her an idea that would help her make millions and touch people’s lives. She’d abandoned the idea, but when she was watching the Oprah show and heard Opera say that she too cut off the feet of her pantyhose, the spark was rekindled, almost as a confirmation that she should go ahead with her idea.

When Sara began to research undergarments for women and how they’d been made for the last 50 years, she was astonished.  From the absurd sizing protocols (only one average waist measure was used on all the products, regardless of the size of the garment), to how products were tested (on manikins not real people), Sara saw that the undergarment industry needed a female perspective – insights from a real woman wearing these items to shape the product development direction so the products were useful, effective, and as comfortable as possible.  She broke the mold, and developed a completely new approach to developing women’s undergarments. Read more of this post

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