Dhirubhai Ambani | wealthymatters

The Polyester Prince

February 5, 2011 2 Comments

‘The Polyester Prince ‘ by Hamish McDonald is an unofficial biography of Shri Dhirubhai Ambani.I personally enjoyed the book and gained from reading it.There is much in the book to inspire people starting out on their personal entrepreneurial journeys.

Dhirubhai was not born to privilege.He didn’t have much of a formal education.It was sheer enterprise , hard work , measured risk taking , a fighting – spirit , good people skills , networking , thinking out of the box , seizing opportunities and great execution skills that helped him make his fortune.This book details many of the incidents of his life.It can be mined for information on how to grow one’s business and deal with the day to day problems faced in building a business from scratch.

Dhirubhai held the opinion that there could literally be thousands like him.This book is a great gift to give an friend who could potentially be one of those few thousand.Dhirubhai’s life-story is the encouragement and in this book is the information needed to get started as an entrepreneur.

Filed under Entrepreneurship Tagged with Best Financial Books, book, book review, Dhirubhai Ambani, Entrepreneurship, Hamish McDonald, RandomBlog2011, The Polyester Prince

Are You Born To Be A Billionaire ? Self Assessment Tool

January 27, 2011 Leave a comment

If you weren’t born a billionaire and are not banking on marrying a billionaire or thinking of taking to crime or plunder in a big way, your best chance of becoming a billionaire is through business. So do you have it in you to become a self-made billionaire through business?

1. CAN YOU QUIT SWEATING THE SMALL STUFF?

Can you quit spending an inordinate amount of time on perfecting your product or service ? Can you instead focus on building your business and its systems ? Do you need to attend to every little thing that goes on in your business or can you delegate?If you can focus on the big picture,you are one step closer to building a big business.

2. ARE YOU A VISIONARY ? CAN YOU SEE THINGS BEFORE ANYONE ELSE DOES ?

Self-made billionaires like Dhirubhai Ambani and L.N.Mittal were or are not just great businessmen. They don’t just dominate industries–they transform them and spawn new ones. This requires great vision. Billionaire entrepreneurs do not just work within the confines of the current market, they anticipate things much further afield. They see things that no one else does.

3. DO YOU HAVE A FIRM BELIEF IN YOURSELF AND YOUR VISION ?

To crack the $1 billion barrier, you need total, unwavering belief in your vision–and an immutable will to pull it off.

4. CAN YOU HANDLE RISKS ?

Do you have the courage and confidence to check fear and doubt and stay the long course.Can you think clearly in the face of danger?Can you stay cool?Can you find ways of managing risk? Read more of this post