Vinod Gupta made his mark in the database technology industry where he created a wildly successful company. He started out life in an Indian village where children didn’t have shoes, and nobody owned a car. In fact, there weren’t even any roads if anyone had a vehicle. Through hard work and determination, he became a very wealthy person with more success than he ever could have imagined as a boy.
Vinod Gupta says being able to get an education was what put him on the path to his success. Vinod Gupta graduated from a university in India and then pursued further education by moving to the United States and attending the University of Nebraska, Lincoln. This was in 1971 and he says that literally the only thing he owned were the clothes he had on at the time.
After he graduated he found a job at a mobile home manufacturing firm. During this period of time, he put together a listing of every mobile home retailer in the country using Yellow Pages books. The company he was working for; Commodore Corporation gave Vinod two options. They would either get exclusive use of this listing for $9,000 or he had to give it to them for free but could then sell it to other companies in the industry. He chose the latter option.
Starting with just $100, Vinod Gupta started contacting mobile home manufacturing firms around the nation, offering them to use his listing for a price. Orders started rolling in and his company got bigger and busier. He realized he could build listings of retailers in other industries and before longing his company was worth several million. When he sold his interest in this company he earned a $680 million-dollar payday. Read This Article to learn more about Gupta’s success lessons.
Today, Mr. Gupta oversees Focus Group, which is a company, 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.