Promoting Women in Business Helps the Bottom Line

When I think about the great business and personal success I’ve had throughout the course of my life, I can attribute a large part of the reason why things worked out to engaging with a diverse group of people. This is especially true when I think about the importance of continuing education for women and helping them develop their business skills.

At the risk of stating the obvious, this is a very interesting time for people across the world, especially for women. Unfortunately, every day we learn of more powerful men taking advantage of women by treating them poorly at best, abusing them at worst. With all of these revelations being made, women are a little leery about men, especially those who purport to “help” them. And so it has been particularly important to me to make a lot of investments towards women’s education and business success, and these investments are very meaningful in helping women move forward and build the life they want for themselves and their families — and build a better line for business.

A number of years ago, I wanted to take step toward gender equality within my local community in India. I recently donated $1 million to the development of the Ram Rati Gupta Polytechnic in his native town of Rampur Maniharan, a small town near Saharanpur in Uttar Pradesh state, which is a women’s trade training institute designed to address the social backwardness plaguing India for too long regarding women and education. This school has enabled many women to earn postgraduate degrees in as little as 24 months, much shorter than the traditional time. Available to them are courses to support high-demand, highly skilled profession demanding expertise in information technology, design, computer applications and similar courses. Women are able to take part in the studies that allow them to influence the world once they graduate. They will also be able to either find some high paying jobs or go into business for themselves. After all, business owners look at the credentials of the candidate in order to decide whether or not they are going to hire the candidate.

Within India’s societal past, women unfortunately have not been presented with the same educational opportunities as young men, and thus I hope that my contribution to closing the educational gender gap within my local community was also a historically important step toward gender equality at school and in the workforce. It was a risky room, but I’ve benefited from taking great risks that have paid off. That $100 I once borrowed from a local Nebraska bank turned into more than $13,000 in the early days of Business Research & American Business Lists.

I finds contentment in helping others, and I believe that true wealth comes from making an impact in the lives of real people. I feels blessed to be able to focus giving back to the people who need it most. In my mind, this makes me one of the wealthiest people in the world, in ways more important than my business success.

More on Vinod Gupta: