>From rags to riches: The untold stories
It is literally a rags to riches story. Four entrepreneurs who made it big from the scratch. Let us follow their journey to success and glory... Ram Chandra Agarwal CMD, Vishal Retail Age: 42 1985: Joins a rolling shutter company at Rs 300 a month 1986: Opens his garment shop, all 50 sq ft of it, rented at Rs 1,200 a month, in Lal Bazar Street, Kolkata 1989-90: Organises discount sales of MNC clothing brands Now: Vishal Retail, of which he owns 65 per cent, occupies 1.35 million sq ft and is increasing it to 8-10 million sq ft "in a short period" "Extraordinary work can be done by ordinary people if they have the passion and a good leader" Shantanu Prakash MD, Educomp Solutions 1988: Son of a SAIL employee in Rourkela, "where no one had any money", cracks IIM- Ahmedabad 1990: Set up a brick-and-mortar education company in partnership with a college friend 1994: Sets up Educomp with two employees and a scraped-together capital of Rs 100,000 Now: Along with wife Anjlee, controls 60 per cent of Educomp, whose market capitalisation stands at Rs 4,115 crore or Rs 41.15 billion. (The first venture, which the friend kept, has shut down) "I have an unshakeable belief that I have a larger purpose in life - to change the world through education" Lakshaman Dass Mittal Chairman, Sonalika Group, and Consul General, Republic of Macedonia Age: 75 1962: Makes a wheat thresher with the help of local blacksmiths in Hoshiarpur 1963: The family goes bankrupt 1970: The net worth of three generations of Mittals - clothes included - touches Rs 100,000 Now: Owns the Rs 3,000 crore (Rs 30 billion) Sonalika Group, whose tractor plant is certified by Washington-based Environment Protection Agency "Once I applied for dealership of Maruti Udyog but was rejected. Today, I give out dealerships" Sudip Dutta CMD, Ess Dee Aluminium Age: 35 1989: Comes to Mumbai to earn a living and joins a pouch making company for Rs 15 a day 1990: Watches his first film in a theatre 1991: Persuades the owners of the foil company, who had lost interest, to sell it to him for deferred payments Now: Owns 65 per cent of Ess Dee, whose name is the phonetic form of his initials and whose market capitalisation is Rs 1,413 crore (Rs 14.13 billion) "If you give me a balance sheet, I will not be able to discuss the schedules, but will tell you what the problem with the company is" [cid:rgwpc.jpg@304db2a882a1437b9059a6a4e176dc77] DISCLAIMER: For the purposes of the State of Qatar law No (16) of 2010 concerning Electronic Commerce and Transactions; unless expressly agreed, Sender does not consent nor consider itself to be contractually bound in any manner, through the use of electronic communications, including but not limited to, the formation or inferred formation of a contract between Sender and the intended recipient of this email. Notice : This e-mail and any attachments may contain information which is confidential to the addressee and may also be privileged. If you are not the intended recipient of this e-mail, you may not copy, forward, disclose or otherwise use it in any way whatsoever. If you have received this e-mail by mistake, please e-mail the sender by replying to this message, and deleting the original and any printout thereof. -- You received this message because you are subscribed to the Google Groups "BETTER PERSONALITY GROUP" group. To post to this group, send email to better_personality@googlegroups.com. To unsubscribe from this group, send email to better_personality+unsubscr...@googlegroups.com. For more options, visit this group at http://groups.google.com/group/better_personality?hl=en.
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