Showing posts with label Entrepreneurship. Show all posts
Showing posts with label Entrepreneurship. Show all posts
16 June 2016
Top 10 Young Entrepreneur In India
These stories hopefully will inspire you through your startup journey and will keep you motivated.
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| Sameer Gehlaut, Age: 40, Net Worth: $1 Billion |
1) Sameer Gehlaut, one of the young entrepreneurs in India, A graduate in Mechanical Engineering from IIT (Indian Institute of Technology) Delhi in 1994. He worked in US based oil services company Halliburton. After quitting his job at Halliburton he returned to India in 1997 to start a mining business. But instead bought a small securities firm and started online brokerage (India’s first online brokerage company in 2000) with two college friends. His Indiabulls Group was backed by steel tycoon Lakshmi Mittal from the start. He has been the chairman of Indiabulls Group since inception and is the chairman of major Indiabulls companies: Indiabulls Power, Indiabulls Housing Finance & Indiabulls Real Estate. Under his leadership the group has diversified into core economy sectors of Financial Services, Real Estate and Power with combined net worth of US$3.17 billion.
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| Ranjan Pai, Age: 42, Net Worth: $1.8 Billion |
2) Ranjan Pai, started MEMG (Manipal Education & Medical Group) in 2000 in a small rented house near MG Road, Bangalore’s central business district, He has diversified from the family’s not-for-profit education trust, Manipal Academy of Higher Education, and built MEMG, which runs education and health care services. Over a span of 14 years, he has grown his company into a billion-dollar business and currently has revenues of more than Rs 5,000 crore. Nearly 60 percent of its business comes from education. Today, his education business (MaGe) accounts for a bulk of MEMG’s profits, and has established itself in the industry: It owns and operates universities in Malaysia, Antigua, Dubai and Nepal. In India, it offers higher educational, testing and assessment services and corporate and vocation training programmes.
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| Glenn Saldanha, Age: 43, Net Worth: $1.7 Billion |
3) Glenn Saldanha, is the Chairman & Managing Director of Glenmark Pharmaceuticals Limited. Glenn joined Glenmark Pharmaceuticals in 1998 as Director and took over as Managing Director & CEO in 2001. Mr Saldanha holds a Bachelor’s Degree in Pharmacy from Mumbai University and is an MBA from Leonard Stern School of Business, New York University. He has worked for Eli Lilly in the U.S and was a Management Consultant with Price Waterhouse Coopers. He has 15 years of experience in Pharmaceutical Industry. He has been the Chairman of Glenmark Pharmaceuticals Ltd. since May 10, 2011.In May 2014 the company opened a new factory in Switzerland, where it already has a research center, to make drugs for cancer and multiple sclerosis. It’s also building a new factory in the U.S., a market that contributes more than a third to Glenmark’s $1 billion annual revenues.
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| Nirav Modi, Age: 43, Net Worth: $1.5 Billion |
4) Nirav Modi, was born in a Jain family in Palanpur, a town in Gujarat state noted for its diamond merchants. Modi was born in India but grew up and studied in Belgium. He enrolled at Wharton but had to drop out due to financial problems. In 1990, he came back to India and joined Gitanjali Gems, an outfit in Mumbai owned by his uncle Mehul Choksi. He spent nine years learning the intricacies of the trade and expanding Gitanjali’s presence in the US. In 1999 modi decided to start his own venture, with $3 million he had accumulated from his earnings, Modi started Firestar Diamonds. Modi made a splash at a Sotheby’s auction in Hong Kong this year with an 88-carat diamond necklace, which sold for $8 million. In March he opened the first Nirav Modi branded retail store in Delhi with a jewellery line priced at $4,000 and up.
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| Vikas Oberoi, Age: 44, Net Worth: $1.2 Billion |
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| Kumar Birla, Age: 47, Net Worth $9.2 Billion |
6) Kumar Mangalam Birla, is a fourth generation member of the Birla family from the state of Rajasthan. Born on June 14, 1967 in Kolkata and was raised in Mumbai. He is a commerce graduate from the Mumbai University and Chartered Accountant from Institute of Chartered Accountants of India and has an MBA from the London Business School. Kumar Mangalam Birla is the Chairman of the US $40 billion multinational Aditya Birla Group which operates in more than 36 countries across six continents. Kumar Mangalam Birla took over as Chairman of the Aditya Birla Group in 1995, at the young age of 28. Under his leadership the Aditya Birla Group has expanded to Telecom, Software, BPO and other areas while consolidating its position in existing businesses. Under his strong leadership the Group’s turnover has increased tremendously from US $2 billion in 1995 to US $40 billion.
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| Jitendra Virwani, Age: 48, Net Worth: $1.6 Billion |
7) Jitendra Virwani, serves as the Chairman and Managing Director of Embassy Property Developments Limited and he also serves as Chairman of Embassy Group, one of India’s largest and arguably among the finest property developers in the world. He has over 25 years of experience in the real estate and property development sector. Mr Virwani joined the property development business in 1985. He joined the family’s construction business in the year 1986. HE set up Embassy Property Developments in 1993 after breaking away from dad’s construction business. Went on to build IT parks and office towers, with tenants like IBM, Mercedes-Benz, Yahoo and Fidelity. He owns one of India’s largest privately owned riding academies situated in Bangalore and also founded the Stonehill International School, Bangalore in the year 2008, the first school in South India to offer IB curriculum in all grades.
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| Kalanithi Maran, Age: 49, Net Worth: $2.3 Billion |
8) Kalanithi Maran, is an Indian media baron who is the chairman and managing director of Sun Group. He is the son of the Former Union Minister of commerce Murasoli Maran and the brother of India’s former textile minister Dayanidhi Maran. Mr Maran was born on 24 July 1964, and Has an MBA from the University of Scranton. After Returning back to India in 1987, he worked for Kungumam Tamil Magazine owned by his family in the late 1980s. In June 2010, he acquired Spice Jet which was the most profitable airlines in India. While his television channels and newspapers are primarily concentrated in South India, his FM radio stations, DTH service and Airlines are spread across the country. He has won Young Businessman awards from CNBC and ERNST & Young, and Forbes magazine named him the “Television king of southern India”.
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| Rajesh Mehta, Age: 50, Net Worth: $1.1 Billion |
9) Rajesh Mehta, Rajesh Exports, India’s largest manufacturer and exporter of gold jewellery, which Rajesh Mehta cofounded in 1989 with older brother Prashant. Rajesh Mehta is the Chairman of Rajesh Exports Ltd. He set up the country’s first organized manufacturing facility in 1989 at Bangalore. He has an experience of over twenty five years in the functioning and management of jewellery trade and has travelled extensively within India and abroad for establishing a strong network in the industry. Rajesh Exports Ltd (REL) headquartered at Bangalore, is the world’s largest gold jewellery manufacturer and the country’s largest exporter of gold jewellery. The company has its offices in USA, Europe, Middle East and South East Asia. In July the company won a $210 million order from a UAE jeweller. Fortune is also derived from stakes in African gold mines.
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| Gautam Adani, Age: 52, Net Worth: $7.1 Billion |
10) Gautam Adani, was born into a Gujarati Jain family on 24 June 1962 in Ahmedabad. At a young age of 18 he moved to Mumbai with only a few hundred rupees. He started his career working as a diamond sorter at Mahindra Brothers for 2 years and then went on to set up his own diamond brokerage business in Mumbai, India. The trading initiative was a success and he made his first million within a year, at the age of 20. He returned back to Ahmedabad when His elder brother Mansukhbhai bought a plastics unit in Ahmedabad in 1981 and wanted him to run it. He founded The Adani Group in 1988 and today it is a globally integrated infrastructure player with businesses spanning coal trading, coal mining, oil & gas exploration, ports, multi-modal logistics, power generation, Agri Infrastructure, edible oil & transmission and gas distribution. Gautam Adani is known for his risk appetite. With business experience of more than 33 years, Gautam Adani has led the Adani group from a modest background to create an $8 billion professionally managed empire.
Hope you find this post about ” successful Indian entrepreneurs who started with nothing and then made an empire” useful and inspiring. if you have story like this please share
10 June 2016
Top 10 Most Popular Blogs And Their Earnings
Here are the top 10 Most Popular Blogs and their earnings.
The Huffington Post – $2,500,000 p/m
Estimated Earnings: $2,500,000 per month
Estimated Unique Monthly Visitors - 110,000,000
Method of Earnings: Pay Per Click
Alexa Rank - 79
TechCrunch – $800,000 p/m
Estimated Earnings: $800,000 per month
Estimated Unique Monthly Visitors - 15,000,000
Method of Earnings: Banner Ads
Alexa Rank - 387
Mashable – $600,000 p/m
Founder: Pete Cashmore
Estimated Earnings: $600,000 per month
Estimated Unique Monthly Visitors - 24,000,000
Method of Earnings: Banner Ads
Alexa Rank - 222
Perez Hilton – $450,000 p/mth
Founder: Mario Lavandeira
Estimated Earnings: $450,000 per month
Estimated Unique Monthly Visitors - 14,500,000
Method of Earnings: Banner Ads
Alexa Rank - 1,194
Engadget – $300,000 p/mth
Founder: Peter Rojas
Estimated Earnings: $300,000 per month
Estimated Unique Monthly Visitors - 14,000,000
Method of Earnings: Banner Ads
Alexa Rank - 454
Life Hacker – $110,000 p/mth
Founder: Gina Trapani
Estimated Earnings: $110,000
Estimated Unique Monthly Visitors - 23,250,000
Method of Earnings: Banner Ads
Alexa Rank - 403
Gothamist -- $110,000 p/mth
Founder: Jake DobkinEstimated Earnings: $110,000
Estimated Unique Monthly Visitors - 12,000,000
Method of Earnings: Pay Per Click
John Chow – $100,000 p/mth
Founder: John Chow
Estimated Earnings: $100,000
Estimated Unique Monthly Visitors - 11,000,000
Method of Earnings: Affiliate Commissions
Venture Beat – $100,000 p/mth
Founder: Matt Marshall
Estimated Earnings: $100,000
Estimated Unique Monthly Visitors - 12, 500,000
Method of Earnings: Pay Per Click
Estimated Earnings: $100,000
Estimated Unique Monthly Visitors - 12, 500,000
Method of Earnings: Pay Per Click
Slash Gear – $80,000 p/mth
Founder: Ewdison ThenEstimated Earnings: $80,000
Estimated Unique Monthly Visitors - 80,000,000
Method of Earnings: Pay Per Click
Bottom Line
Some of the sites in this list have been estimated or given a “best guess” so they are likely not 100% correct. But I have included the estimates to give you some idea of the potential of this type of online business. If you have any more accurate information, please let me know and I will do my best to keep this list updated.
10 May 2016
Top 10 Most Successfull Entrepreneurs in History
There is a tough truth that any small business owner has to face. Even in the best of times, the vast majority of small businesses fail. In this article, we'll look at ten entrepreneurs who not only succeeded, but built vast business empires.
John D. Rockefeller
John D. Rockefeller was the richest man in history by most measures. He made his fortune by squeezing out efficiencies through horizontal and vertical integrations that made Standard Oil synonymous with monopoly - but also dropped the price of fuel drastically for the everyday consumer. The government broke up Standard Oil for good in 1911. Rockefeller's hand can still be seen in the companies like Exxon (NYSE:XOM) and Conoco that profited from the R&D and infrastructure they received as their piece of the breakup. Rockefeller retired at the turn of the century and devoted the rest of his life to philanthropy. (More than 70 years after his death, this man remains one of the great figures of Wall Street.
Andrew Carnegie
Andrew Carnegie loved efficiency. From his start in Steel, Carnegie's mills were always on the leading edge of technology. Carnegie combined his superior processes with an excellent sense of timing, snapping up steel assets in every market downturn. Like Rockefeller, Carnegie spent his golden years giving away the fortune he spent most of his life building. (Though not as well-remembered as some of his contemporaries, Andrew Carnegie's legacy is strong and moralistic
Thomas Edison
There is no doubt that Edison was brilliant, but it's his business sense, not his talent as an inventor, that clearly shows his intelligence. Edison took innovation and made it the process now known as research and development. He sold his services to many other companies before striking out on his own to create most of the electrical power infrastructure of the United States. While Edison is a founder of General Electric (NYSE:GE), many companies today owe their existence to him – Edison Electric, Con Edison and so on. Although Edison had far more patents than he did corporate ties, it is the companies that will carry his legacy into the future.
Henry Ford
Henry Ford did not invent the automobile. He was one of a group working on motorcars and, arguably, not even the best of them. However, these competitors were selling their cars for a price that made the car a luxury of the rich. Ford put America - not just the rich - on wheels, and unleashed the power of mass production in the bargain. His Ford Model T was the first car to cater to most Americans - as long as they liked black. Ford's progressive labor policies and his constant drive to make each car better, faster and cheaper made certain that his workers and everyday Americans would think Ford (NYSE:F) when they shopped for a car.
Charles Merrill
Charles E. Merrill brought high finance to the middle class. After the 1929 crash, the general public had sworn off stocks and anything more financial than a savings account. Merrill changed that by using a supermarket approach - he sacrificed the high commissions to serve more people, making up his money on the larger volume. Merrill worked hard to "bring Wall Street to Main Street," educating his clients through free classes, publishing rules of conduct for his firm and always looking out for the interests of his customers first. (We all know names like Rockefeller, but there are other influential pioneers of finance in America's history
Sam Walton
Sam Walton picked a market no one wanted and then instituted a distribution system no one had tried in retail. By building warehouses between several of his Wal-Mart (NYSE:WMT) stores, Walton was able to save on shipping and deliver goods to busy stores much faster. Add a state-of-the-art inventory control system, and Walton was lowering his cost margins well below his direct competitors. Rather than booking all of the savings as profits, Walton passed them on to the consumer. By offering consistently low prices, Walton attracted more and more business to where he chose to set up shop. Eventually, Walton took Wal-Mart to the big city to match margins with the big boys - and the beast of Bentonville has never looked back.
Charles Schwab
Charles Schwab, usually known as "Chuck," took Merrill's love of the little guy and belief in volume over price into the internet age. When May Day opened the doors for negotiated fees, Schwab was among the first to offer a discount brokerage for the individual investor. To do this, he trimmed the research staff, analysts and advisors, and excepted investors to empower themselves when making an order. From a bare-bones base, Schwab then added services that mattered to his customers, like 24-hour service and more branch locations. Merrill brought the individual investor back to the market, but Chuck Schwab made it cheap enough for him to stay.
Walt Disney
The 1920s found Walt Disney on the verge of creating a cultural juggernaut. A gifted animator for an advertising company, Disney began creating his own animated shorts in a studio garage. Disney created a character inspired by the mice that roamed his office, Mickey Mouse, and made him the hero of "Steamboat Willie" in 1928. The commercial success of Mickey Mouse allowed Disney to create a cartoon factory with teams of animators, musicians and artists. Disney turned that mouse into several amusement parks, feature-length animations and a merchandising bonanza. After his death, the growth has continued making Disney (NYSE:DIS), and his mouse, the founders of the largest media company on earth.
Bill Gates
When people describe Bill Gates, the usually come up with "rich", "competitive" and "smart." Of the three traits, it's Gates' competitive nature that has carved out his fortune. Not only did he fight and win the OS and browser wars, but Gates stored up the profits that came with the victories – and Microsoft's dominance – to fund future fights and ventures. The Xbox is just one of the many sideline businesses that the massive war chest has funded. The fact is that Microsoft's cash and Gates' reluctance to pay it out is a big part of what saw the company through hard times and funded expansion in good times.
Steve Jobs
Unlike most of the others on this list, it's possible that Steve Jobs' greatest achievements are yet unwritten. Jobs co-founded Apple (NYSE:AAPL), one of the only tech companies to offer a significant challenge to Microsoft's dominance. In contrast to Gates' methodical expansion, Jobs' influence on Apple has been one of creative bursts. Apple was a computer company when Jobs returned to it. Now, the iPod, the iPhone and the iPad are the engines of growth that have pushed Apple past the once unassailable Microsoft. When Apple surpassed Microsoft's market cap in 2010, it became clear that investors that, with Jobs, the best is yet to come.
Conclusion
These 10 succeeded by giving the customer something better, faster and cheaper than their nearest competitors. No doubt, some like Rockefeller will always be on these lists, but there is plenty of room for the right person to find their place among the entrepreneur's pantheon.
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