Today Mukesh Ambani has become the second richest person in the world. The reason behind his success is undoubtedly, his skill in business. He is the youngest son of Reliance Industries and had been doing business with success from an early age.
In the early years Mukesh was mostly involved in retailing and trading. In fact his eldest brother Jagdish Ambani, a renowned textile entrepreneur, had started a manufacturing company. It was called Lanes Corporation, which had gone through many transformations. Mukesh joined in the early years of its creation.
With his increasing experience, he started several successful ventures. But, when his elder brother Jagdish went on to do an extensive expansion of the company, Mukesh decided to concentrate on his own activities. His decision was actually the right one.
Since then Mukesh had been involved in a number of ventures, which ultimately resulted in his massive fortune. However, apart from his businesses, he also developed his own personal style and did a lot of charity work.
Mukesh Ambani’s parents had fled from Rajasthan, India to Bombay, where Mukesh and his elder brother were born. Mukesh started his life as a manual laborer. He worked in a leather tanning factory for many years before joining his brother. Their initial goal was to establish a retail store and later on in their life, they built a vast network of businesses, all of which they jointly owned.
As the years passed by, Mukesh and his brother continued their growth in business. They had begun their business ventures as a small wholesale store and later on, they made money through auctioning. They also wanted to take advantage of the emergence of the internet and began to set up their first websites.
During that time, Mukesh had a belief that the only way to be successful in business was to stay in touch with the customers and ask them for feedback. It was this philosophy that ultimately influenced him to always give priority to customer needs and wants.
Today Mukesh has almost half the share of market share in India. But, he has not given up on the idea of being the next richest person in the world.
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