New Delhi. Nowadays everyone wants to earn money, wants to be successful, but very few people want to follow that path to achieve it. If you are starting your own business or are already in business, but are looking for a way to progress, then the words of businessman Ratan Tata can prove to be helpful for you. Veteran industrialist and Chairman of Tata Sons Ratan Tata has invested heavily in many successful startups of the country. Although he considers himself an accidental investor, most of the startups in which he invested were successful and today his business is in billions. Let us know, according to him, what are the main things that should be kept in mind to start any company…
1. Emphasis should be on innovation
Ratan Tata believes that the startups that have done new experiments have a bright future. Therefore, innovation should continue. Tata is giving more emphasis on innovation for startups.
2. Focus on value
If we talk about Tata Group, everyone knows that the value of this group is very high. In such a situation, Ratan Tata expects that startups should also give importance to the value factor. He is strictly against incidents like absconding overnight.
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3. Promoters should have a positive attitude
According to Ratan Tata, he works on the basis of the attitude of the startup promoters, the idea they have come up with and their thinking about its solutions. According to Tata, he likes to invest in new companies. Especially in startups with new ideas.
4. No right time
In an interview in October 2019, Ratan Tata had said that there is no such thing as the right time for a startup to go global. It is the responsibility and understanding of the founder to decide when to expand globally. Ratan Tata also said that I also look at how mature the promoters are and how serious they are about their new company.
5. Give priority to work
It happens with many industrial houses of India that they start taking interest in politics along with industry. But Tata Group and especially Ratan Tata have always avoided these things. He has always considered work as everything in his life. He has given priority to work first.
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6. Give respect to others
Those who know Ratan Tata personally say that he always remains calm and gentle. He meets even the smallest employee of his company with great love.
Tags: Indian Startups, Success Story, Successful business leaders
FIRST PUBLISHED : June 10, 2021, 08:18 IST