Born on 28 December 1937 in Surat, Ratan Tata is one of the most loved and respected industrialists in India.
Ratan is known for his business wisdom and eye in the future. Not only has he contributed to the trade & industry but to society as well. He has also been awarded Padma Bhushan and Padma Vibhushan.
Here are 5 things that we all can learn from Ratan Tata:
1) Love your work
No work is big or small, one should enjoy whatever work they’re doing and do it with sincerity. Ratan Tata’s first job was to shove coal and limestone into the blast furnace. From that job to all the way to one of the richest men in India, he tells us that we should cherish our work and duties.
2) Every Day is a new beginning
Try to do something new in life, there is no age limit. Ratan Tata’s life has been full of new business ventures. Even after retirement from Tata Group, he invested his personal savings in Snapdeal, it was one of India’s leading shopping website at one time. Recently, he invested his money in an 18-year-old startup, Genric Adhaar. The lesson here is, keep working and keep doing something new in your life.
3) Be Persistent
Persistence in business is one of the best business tips for an entrepreneur as you need to fight failure and bounce back, only then you can be successful. Persistence is all about an indomitable spirit whether it is in business or in your life. Have the ability to push and push until you reach the finish line.
4) Grow as you go
Understand the value of learning – Learning is a continuous cycle and for people interested in building new skills, touching new horizons, and reaching new heights, learning should never stop. Make personal development your number one priority and strive at improving yourself by working on your body, your mind, and your soul.
5) Choose Wisely
Decision making is required at every level of your business; in fact, it’s required at every moment of your life as well. For success, one of the best business tips is to have clarity of thought. Be sure of what you want to do and then devise plans around it. Don’t be scared of making the wrong decision, this too is a part of your learning curve.
“Entrepreneurs are not born, they are made.”
Share this with an entrepreneur friend of yours who you think has the potential to build the next big thing.