Life Lessons | Story of 3 entrepreneurs from same family

 Today I am going to share a life lesson story of three entrepreneurs who eventually hailed from a single family. These 3 legends are well known by the people. They are the powerful Indian leaders.

Yes, I am talking about Mr. Dhirubhai Ambani, Mr. Anil Ambani and Mr. Mukesh Ambani.

This is a very powerful heritage picture of 3 different people together

1. One of the finest entrepreneur

2. One of the finest businessman

3. A Failed Businessman (Not a failed Individual)

Dhirubhai created Reliance from scratch and also in the time when policies did not favor new businesses and new people due to license Raj. Anil and Mukesh inherited a large empire around 2005/2006. Anil was richer than Mukesh at the time of split. In 2007, Anil had 45 Billion USD and Mukesh had 49 Billion USD.

Fast forward 13 years -Mukesh is 5th richest person in the world with 80 Billion of net worth and Anil Ambani is bankrupt with zero/negative net worth.

Mukesh Ambani’s growth is astonishing and a very proud story for all of the Indians. Anil Ambani’s failure story is also astonishing on how you can fail royally. It will be amazing to see if Anil Ambani rises from ashes now.

Now, what is the essence of learning from their life stories?

➥ Defining a vision, having perseverance and right people by your side are important ingredient of success. 

➥ Knowing your ability and being confident about it matters too. 

➥ Lot of business people define strategy but only a few are executing in the right way. 

Hence, let us not repeat same mistakes and getting an opportunity learn from others mistake. 

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Reference acknowledgement to Mr. Hari Singh Shekhawat. 

MDH Masala | An Entrepreneurial Story !!

I was reading an interesting biopic of MDH inform of article. Thought to share it in my blog as well as it is very inspiring.

It is the story of Mahashian Di Hatti (MDH) !

The man is Mahashay Dharampal Gulati, a successful businessman from India, popularly known as the 'Masala King'. He was born on 27-March- 1923 in Sialkot (now in Pakistan). He along with his family moved as a refugee to Delhi during 1947 partition time.

His father’s business was grinding and selling spices. His father gave him some money and this young man decided to buy a Tonga to support his family. He sold his tonga and bought a small space to start a business in his own domain of spices, in Karol Bagh.

He named it Mahashian Di Hatti.

He kept selling and the word kept spreading around Delhi, and in 1953, he rented the second shop in Chandni Chawk. 

In 1959, he purchased a plot of land in Kirti Nagar, New Delhi to set up manufacturing unit of Mahashian Di Hatti. 

The rest is history….

Today, MDH (Mahashian Di Hatti) is the popular Indian Brand when we speak of spices.

Mahashay Dharampal Gulati is the face and brand of MDH seen in every MDH product.

Some fascinating facts about Mahashay Dharampal Gulati and his MHD brand are,

➥ He donates 90% of his salary to the charity under the banner 'Mahashay Chunnilal Charitable Trust'

➥ It is a 90 years old sustained brand and found in every Indian Kitchen

➥ It provides an employment opportunity for 2500 employees.

➥ Estimated revenue worth 50 Million

➥ The trust operates 250-bed hospital in Delhi, and more than 20 schools

➥ 62 different products available in more than 150 packages.

➥ 5 state of the art factories

➥ Export spices across the world

At the age of 94, Dharam Pal was the highest-paid FMCG, CEO in India in 2017. In 2019, he was honored with 'Padma Bhusan' award by Government of India. 

 

Image courtesy to google