Hey Love,
There were two friends, first friend: i don’t like studying, but want to earn a lot in my life,
not understanding what i should do, thinking to do a business
second friend: Really you want to do business, don’t be a fool, study well do job, not everyone can be a Ambani
If Dhirubhai Ambani would have listened to others, then i wouldn’t be making this video for him
fact is Dhirubhai Ambani was also like us, even he was a normal boy like us
even he wasn’t that interested in studies, in fact he never did college
but still he become one of the richest and the most popular man in India
his company was India’s first Private Limited Company which came under Forbes 500 List
Dhirubhai Ambani Build 75 billion Rupees Business Empire in his life
Understand 1 billion means 100 Crore so 75 billion means 7 thousand 5 hundred crore, he build such a huge empire that too 20 years ago now instead of getting jealous of his huge success and money, you should ask question to yourself
that how he made such big success possible how Dhirubhai achieved all this by starting through a small room what all things and principles he followed and achieve so much success in his life now few negative people who also do various wrong things in their life will say,
of course Dhirubhai Must have done something wrong, bad only then he had achieve so much so to them i will say, that if you focus on negative then you’ll find something bad in everyone
but if you focus on positive then you’ll learn something from their good things and for sure even you’ll move forward in life hence always focus on the positive and learn from Dhirubhai Ambani, there’s lot you can learn from him
so today I will share knowledge from the book written on Dhirubhai Ambani
today will share his top five success habits and lessons out of many, which helped him to achieve so much in lifeand even you can achieve a lot by following those success habits so let’s begin..
No.) 1 DBBSS
Before sharing its meaning and full form, first would like to share Dhirubhai Ambani story Dhirubhai Ambani was a school teacher’s son, but as i said before he wasn’t that interested in studies but that doesn’t mean that he never wanted to do anything in his life in fact ones he told his mom, that one day il earn a lot of money sometimes they used to face financial problems at home, which wasn’t liked by Dhirubhai Ambani therefore Dhirubhai Ambani used to always think about earning money once he bought a box of groundnut oil from the nearest wholesale store and as a Retailer he sell that groundnut oil to people at the street from which he earned profit and that money he gave it to his mother He learn the value of business since he was kid, hence at the age of 12 or 13 he used to sell pakora he used to do Pakora Business at the age of 17, he got a chance to go to Yaman Country, in the hope of earning more he went to Yaman
In Yaman He worked on a petrol pump, some sources says that he even work as a clerk for several years he earn quite well compare to India, but some situation arised and he returned to India and this proved to be his lives biggest Turning point he started chasing his childhood dreams now what you need to learn from this story, what you need to learn is D B B S S Means To DREAM BIG BUT START SMALL See most people come under two category, first type of people never think big, they just go with the flow the way life is taking them, they flow with it, job studies, death thats it, they never think big and on the other side there are second type of people, who juts dream big, like il do this that and blah blah but in reality they never able to do anything big in their lives because they have very unrealistic goals here you shouldn’t be like them, Be Like Dhirubhai, Always think Big, think as big as you can but start small, set small goals and expect small results don’t think to be billionaire at start, think about business and it’s small profits because ones you learn to earn profit from small business then it will become easy for you to earn more
№2) SKILL Over Education
Dhirubhai become a billionaire without going to college or without any degree because he gave more value to skill compare to education he didn’t completed his studies that doesn’t mean he wasn’t learning anything in fact when he was working in Yaman there he do some extra work and learnt Accounting, book keeping learn to prepare shipping papers and also learned to deal with insurance company’s people because of which hie negotiation skill improved a lot which helped him a lot in his business hence always remember that its really important for you to have skills and talent you can’t be rich just by taking degree or just by thinking about business at least at start you must have some great skills and talent, so that can earn at start by using it Recently i saw an interview of Apple CEO Tim cook in that interview he cleared the myth that they don’t create their products in china because they work in low amount, or because there is cheap labour, actually cheap labour was almost ended there but they and many big companies create their product in china, because they have great skill Chinese people have skill and talent and they give best output in lesser time hence if we want to be like china or like Ambani then its important to be skilful, should try to become best skilled man whatever work we do, we should be best at it and this bring us to Dhirubhai’s Third success lesson which is
no.3) Quality Rules
you will find many people who’ll say that Dhirubhai become so successful just by doing wrong things but those people don’t understand that his best product quality was also the biggest reason for his success Dhirubhai always focused on Quality when Dhirubhai returned to India with justs 500 rupees, with that money he started Spices business to earn more with such low investment he would have sold low quality product just like many but no he didn’t do that because his motive was LOW PROFIT HIGH QUALITY HIGH VOLUME Means to sell more with good quality no matter if gets low profit with such policy he started selling his spices not in india but to gulf countries as well many people used to buy from him because he had great quality product when he shifted to Yarn business, even there he focused on quality and created VIMAL Brand which become a popular fashion brand when he kept his own mills in Ahmedabad, even there he used world’s best mills so that can give best quality products, with such high quality, world band gave him excellent certificate which was Developed countries level Even in India’s struggling time he created excellent and world class quality products which was of developed countries standards see most of the people think of achieving colleges degree, think of becoming doctor, engineer and think of business and earning a lot of money by fooling people and never focus on skills or quality however, this approach is wrong, very wrong you must have noticed that today there’s not much value in degrees but skill has more value Hence if you want to be rich then your work and your product quality should be the best only then you’ll be rich like Ambani because you can’t fool people everytime for ones they’ll use your product but won’t come back again and again, hence have quality.
№4) Beating Problems
When Dhirubhai was starting his own mill at that time he faced lot many problems like in 1965 his partnership was broken and was opening his factory single handedly because of which he used to do weekly up down from Mumbai to Ahmedabad to sort out issues and in 1966 suddenly Rupee value started decreasing because of which his expenses increased but still he didn’t give up and able to start his mill factory and started manufacturing cloth now clothes were getting manufactured but no wholesaler were ready to buy cloth from him because dominating players, people who were already doing the same business those business man said wholesalers not to buy Dhirubhai’s clothes, this was a huge problem so what Dhirubhai did, Did he quit, did he gave up because of dominating players power No, Dhirubhai Ambani didn’t gave up, he himself started selling his clothes to retailers he went from one retailer shop to another
everybody started liking him because his product quality was very good
and he was a stubborn and gutsy man, and this way VIMAL Brand started getting publicity.
Dhirubhai used to fight with all problems by being consistent
he didn’t only faced human problems but also faced nature problems
once he and his company faced flood problem and also earthquake problem once what happened, when everything was going perfectly fine, suddenly a cyclone hit in Jamnagar and he has to close his factory, at that time Dhirubhai again fought that problem with all his courage.
when experts were saying that his work completion will take 3 months
that same work he completed in just 3 weeks too with same budget
not only this he suffered with paralytic stroke in 1986 but still, he fought with that too and made Reliance India’s biggest business house now the reason for saying all this is because many people give up in life very easily forget fighting with natural calamities, some people get defeated by small problems and blame luck and destiny.
But Dhirubhai Ambani Wasn’t like this, and even you shouldn’t be like such people no matter how many problems arise in your life, always remember your goals and should achieve your goals no matter what happens
№5) Dream Big Fast and ahead
Dhirubhai was getting a profit in the Spices business but still, he started with the polyester business why? because he used to think big, fast, and used to think about the future.
he saw good scope in the textile line hence he started with yarn trading
after making it successful he started with petrochemicals then communication, reliance on gas, etc
He made a successful business in every field where many people think that why they should sell any part of their business to others it’s my hard work and investment etc, means many people think small, slow, and just about today but Dhirubhai used to think the opposite of it example in 1977 Dhirubhai launched IPO First Time in India. He knew that he won’t be able to create a huge business with his own money single-handedly therefore he started selling his companies shares when he was doing it, 58 thousand investors came to him to buy his shares which was a huge record by itself now the result from all this was Reliance company was 3 percent GDP OF INDIA 5% of India’s total Export and 10% of indirect revenue used to come from Reliance see many people go through this, that they think about some idea related to business, but fail to take action to that idea and after some time they see that some other person has implemented their idea and is doing very great in life now this happens because people are very slow, slow in thinking and in taking action don’t be like that, you think big, think fast and think of the future, if want to be like Ambani
Do remember Dhirubhai’s this quote “ only when you can dream it, then only you can do it.” these were the top 5 lessons that I have learned from The Book Written on Dhirubhai “Corporate Guru”
do share this Article with people who dream and is in the business field.
That’s all for this article if you like my content do support me.
