Thursday, June 3, 2010

Dhirubhai Ambani's words of wisdom

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Dhirubhai Ambani. India's most enterprising entrepreneur.

He passed away on July 6, 2002, in Mumbai

'Secret of my success was to have ambition and know minds of men'


1.True entrepreneurship comes only from risk-taking.




2.Pursue your goal, even in the face of difficulties. Convert difficulties into opportunities. Keep your morale high, in spite of setbacks. At the end you are bound to succeed.




3.My advice to young entrepreneurs is not to accept defeat in the face of odds. Challenge negative forces with hope, self-confidence and conviction.




4.Dhirubhai will go one day. But Reliance's employees and shareholders will keep it afloat.



5.I have trusted people and they have put their trust in me. I have encouraged youth, and they have never let me down. I have asked my people to take initiative and to take risks. It has paid me rich dividends. I insist on excellence. This helps us to be leaders. Reliance is built on some of these principles.




6.The secret of Reliance's success was to have ambition and to know the minds of men.




7.Growth has no limit at Reliance. I keep revising my vision. Only when you dream it you can do it.


We have lost the habit of thinking big


8.I dream India of becoming a great economic superpower.




9.We must always go for the best. Do not compromise on quality. Reject if it is not the best -- not only the best in India, but globally.




10.If India wants to be a great nation, we must have courage to trust. This is my sincere belief.




11.I can never fully repay the debt I owe to Mumbai. To all of you. My past was shaped in Mumbai.




12.For those who dare to dream, there is a whole world to win!




13.I am deaf to the word 'no.'

Ideas are no one's monopoly

14.Think big, think fast, think ahead. Ideas are no one's monopoly.





15.I consider myself a pathfinder. I have been excavating the jungle and making the road for others to walk. I like to be the first in everything I do.




16.I, as school kid, was a member of the Civil Guard, something like today's NCC. We had to salute our officers who went round in jeeps. So I thought one day I will also ride in a jeep and somebody else will salute me.

You do not require an invitation to make profits


17.Meeting the deadlines is not good enough, beating the deadlines is my expectation




18.We cannot change our rulers, but we can change the way they rule us.




19.Between my past, the present and the future, there is one common factor: Relationship and Trust. This is the foundation of our growth.




20.Give the youth a proper environment. Motivate them. Extend them the support they need. Each one of them has infinite source of energy. They will deliver.


As A G Krishnamurthy, founder of Mudra Communications, writes in his book, Dhirubhaism, about some of the Reliance founder's doctrines:

Roll up your sleeves and help. You and your team share the same DNA.


Be a safety net for your team.


Always be the silent benefactor. Don't tom-tom about how you helped someone.


Dream big, but dream with your eyes open.


Leave the professional alone!


Change your orbit, constantly!


Money is not a product by itself, it is a by-product, so don't chase it.

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