We often talk about businessmen that they are only concerned about making huge profits from their business. Though it cannot be entirely denied, this one businessman has a somewhat different approach than others. His name is Ratan Tata, and he was born on 28 December, 1937 in Surat. He had a financially strong family background but he was not a fan of lavish business parties and large group interactions due to his introverted nature. The man who had a restricted nature was faced with consistent challenges in life and career, but he stood up to them and fought a tough fight to successfully lead the Tata Group.
Contrary to all the expectations that many people had from him, Ratan Tata was successful in turning things around for the Tata Group with his dynamic decisions with time. He became the chairman of the Tata Group in 1991 at the age of 21, and he brought international recognition to the company. He accomplished some historical mergers for his company including Land Rover Jaguar with Tata Motors, Tetley with Tata Tea and Corus with Tata Steel. All these mergers played a crucial role in the Tata Group's incredible growth over the years. Under Ratan Tata's leadership, the revenues of the Tata Group grew more than 40 times. And the profits of Tata group exceeded by over 50 times. The company that made only $5.7 billion in 1991 made around $103 billion in 2016.
All of this happened because of Ratan Tata's practical and realistic approach towards business. Apart from business, the man who has a heart of gold similarly makes huge charities for the welfare of society. Ratan Tata remained calm in times of stress, accepted failures, and delivered results that were hard to imagine. There are numerous things about Ratan Tata that can inspire people and here are a few quotes by him that can encourage you to do better in life.
Eight inspiring quotes by Shri Ratan Tata:
1. None can destroy iron, but its own rust can. Likewise, none can destroy a person, but his own mindset can.
2. All of us do not have equal talent. Yet all of us have an equal opportunity to develop our talents.
3. If a founder has passion and innovation, he needs to be supported. I am more intuitive than a numbers person and recognise that not all investments are going to be positive. Some may fail, and some may have problems for other reasons. That is life.
4. Take the stone people to throw at you and use them to build a monument.
5. I may have hurt some people along the way, but I would like to be seen as somebody who has done his best to do the right thing for any situation and not compromised.
6. There are challenges thrown across, then some interesting, innovative solutions are found. Without challenges, the tendency is to go on the same way.
7. I don't believe in taking the right decisions, I take decisions and then make them right.
8. Ups and downs in life are very important to keep us going because a straight line even in an E.C.G means we are not alive.
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Reference:
- www.yourstory.com
- www.britannica.com
- www.tata.com
- www.wikipedia.com