Private Equity | wealthymatters

Sudhir Hasija-The Upwardly Mobile Entrepreneur

June 26, 2011 24 Comments

Sudhir Hasija is the chairman of the Rs 1200 crore homegrown handset maker Karbonn Mobiles.Here is a link to the company’s website:http://www.karbonnmobiles.com/.

His story will tell you how a person with few means can get into wholesaling and then into manufacturing.So for all would- be industrialists here is his story:

55 year old Sudhir Hasija, is the son of a government clerk. He left his home in Meerut, Uttar Pradesh, after clearing his Class 10 exams. He then moved to Hyderabad where he spent three years in a machine tools company and saved around Rs 3,000. He used this money to set up a business selling TV accessories such as antennas and trolleys in Chennai. It was a difficult struggle. He would climb to the rooftops of buildings bare footed in the scorching heat to install antennas. He used to wash at railway stations and stay in low-cost lodges. However he persisted and managed to built a thriving business that he expanded across other southern cities. Read more of this post

Filed under Entrepreneurship Tagged with 3G phones, Africa, Alcatel-Lucent SA, antennas, Apple, Bangalore, cell phone, Chennai, communication device, customer need, Delhi, design house, distribution channel, distributor, dual SIM phones, emerging markets, entrepreneur, Entrepreneurship, France, grey market, handset, Hyderabad, IDBI Bank, industrialist, innovation, iPad, Jaina Group, Karbonn Mobiles, Karnataka, Latin America, long battery life, low cost tablets, machine tools, manage supply chain, manufacturing, Market Share, Meerut, Micromax, mobile phone, multinational majors, Nokia, postaday2011, Pradeep Jain, Private Equity, RandomBlog2011, rural market, Samsung Electronics, Samsung Galaxy Tab, software development facility, South Korea, start-up, Sudhir Hasija, technology, telcom market, telecommunications equipment, television maker, TV accessories, TV Trolleys, United Telelinks, urban market, Uttar Pradesh, wholesaling

Who Is Whitney Tilson ?

February 22, 2011 2 Comments

Whitney Tilson is a Harvard MBA ,a disciple of the Graham-Dodd -Buffett-Munger school of value investing , an author and a respected value investor.He has also spoken widely on behavioural finance.

He is one of the authors of Poor Charlie’s Almanack.(Click here for more about Poor Charlie’s Almanack https://wealthymatters.com/2011/02/12/poor-charlies-almanack/). He has also authored The Value Investing Course: Essential Strategies for Market-Beating Returns , where he takes the lifelong process of learning how to identify profitable investment opportunities and streamlines these lessons into strategies that will help the reader build a successful investment portfolio’.He also writes a regular column on value investing for the Financial Times and Kiplinger’s and has written for the Motley Fool and TheStreet.com.You can read some of his articles here: http://www.tilsonfunds.com/

Whitney Tilson co-manages T2 Partners LLC with Glenn H. Tongue; this comprises three value-oriented private investment partnerships viz. T2 Accredited Fund, LP ; Tilson Offshore Fund, Ltd ; T2 Qualified Fund, LP and the Tilson Mutual Funds, composed of two value-based mutual funds, Tilson Focus Fund and Tilson Dividend Fund.Whitney Tilson also led the effort to create ICV Partners, a for-profit private equity fund focused on minority-owned and inner-city businesses that has raised nearly $500 million. Read more of this post