Dhirubhaism by A.G Krishnamurthy


wealthymatters.com

A G Krishnamurthy ,the author of ‘Dhirubhaism’,is the founder chairman and managing director of Mudra Communications. Dhirubhaism is an attempt by the author share his  insights into Dhirubhai Ambani’s  management style culled over several interactions with him during their long association.The book lists 15 Dhirubhaisms. The 15 Dhirubhiasms put together bring out the work philosophy of Dhirubhai Ambani and give us a glimpse into the remarkable thinking process and habits of one of India’s most successful entrepreneurs.

The book is a slim 96 page volume and an easy read.The isms may not be unique to Dhirubhaiji .Many people display some of the traits , in their working styles as well, but Dhirubhai was one of those rare people who demonstrated all of them, all the time.To really benefit from the book,the really important thing is not so much to read the book as to practice the Dhirubhaisms on a daily basis till they become second nature.I’ve been trying to do so for a while.I can’t say the isms have become second nature but I am now at the stage where every time I slip up I know almost immediately that I’ve slipped up.

Do read the book In the meantime here is something about the 15 Dhirubhaisms:- Read more of this post

Ek The Dhirubhai – There Was Once A Dhirubhai


Here is a documentary on Dhirubhai Ambani I found on the internet.I’m afraid it is in Hindi and I’m sorry I can’t find a copy with subtitles.

This documentary was apparently aired on News 24 which I don’t have so I missed it when it was first aired.I got to see some rare pictures of  Dhirubhai here.It was also nice to hear his neighbours and associates describe him.What struck me most was how Dhirubhai never discouraged any beginner from starting out in his own field.I would love to have that sort of self-assurance.

Do watch the videos below and enjoy!

Read more of this post

Quotes From Dhirubhai Ambani


wealthymatters.com

Personally I admire Dhirubhai Ambani’s  way of not  letting  other people circumscribe his dreams.I believe that if a person can dream up something he/she can do it.It may take time and effort and persistence but its not impossible. Personally I believe dreams are worth fighting for because they are a representation of out truest self and out innate abilities.Anytime I have self doubts I find that reflecting on incidents from his life gives me courage.After all life has not tested me in the way it did him.And anytime anybody tells me that something is undoable in one lifetime I just tell myself to see how far Dhirubhai came in one lifetime.Following are some quotes from the great man.Use them to spur you on in life.

“Only when you dream it you can do it.”

“For those who dare to dream, there is a whole world to win!”

“I, as school kid, was a member of the Civil Guard, something like today’s NCC. We had to salute our officers who went round in jeeps. So I thought one day I will also ride in a jeep and somebody else will salute me.”

“I am deaf to the word “no”.” Read more of this post

How To Grow A Business


This is a list of 10 steps to grow your business from scratch.You have to put in some time ,a bit of your labour and maybe a bit of your savings at the beginning and then bootstrap your way up.It is inspired by the post here:-  http://7million7years.com/2011/08/26/why-most-business-owners-are-not-wealthy/

  1. Find something you can make or something you can do that somebody else will pay you for.
  2. Find out if others will pay you to make or to do the same thing for them too.
  3. If  the answer is yes to point 2,find out ways of locating other such customers.
  4. Make a detailed note of how to go about finding and getting customers the fastest,easiest and cheapest way. Read more of this post

Sunil Bharti Mittal and Entrepreneurship


wealthymatters.comDr.Sunil Bharti Mittal, Padma Bhushan ,was born in Ludhiana.He is a first generation entrepreneur. His father is the late Sat Pal Mittal MP.

Mittal’s first venture was making crankshafts for local bicycle manufacturers.He started in 1976 at the age of 18, with a capital investment of INR20,000 borrowed from his father.  Within three years he had set up two more plants, one that turned out yarn and the other stainless-steel sheets used for surgical utensils.

The initial days proved to be difficult and he earned very little from his businesses. But he kept at it.His businesses required him to travel a lot — sometimes, with very little in his wallet. In those days he travelled alongside his goods at the back of trucks. Travelling by air was out of the question — a train ticket was all he could afford. Hotels were out too — small hostels and clubs were what his budget allowed. He put in 16 to 18 hours each day, but his business just didn’t take off. So after mulling over other possibilities, he changed track. Read more of this post