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Remembering Dhirubhai Ambani: 5 Things To Learn From His Life

Remembering Dhirubhai Ambani: 5 Things To Learn From His Life

Ambani is the name that rules the business world and all credit goes to the founder Dhirubhai Ambani. It all started with a small setup at Masjid Bunder that grew up as Reliance Industries later on.

Today is the 19th death anniversary of the founder of Reliance Company.

dhirubhaii ambani

via:outlookindia

He died in 2002 leaving the responsibility of $2.9 Billion Company (net worth during his death) upon his sons. They took his business to a greater height which is now a $190 billion market.

All his teachings have played a huge role in building this billion dollars empire and he is still an inspiration for all. Here are five of those important lessons we can learn from Dhirajilal Hirachand Ambani.

Also Read: Jamsetji Tata: The Man Who Brought Revolutionary Waves In Indian Industry

5 Lessons To Be Learnt From The Life Of Dhirubhai Ambani

1. Background Doesn’t Matter Every time

dhirubhaii ambani

via:bloomberg

There’s a very weird misconception prevailing in society that one should follow the family’s profession. Had Dhirubhai followed it, he would have been a teacher instead of a businessman as his father Hirachanda Gordhanbhai was a teacher in a small village of Junagadh district.

2. Don’t Be Afraid To Take Risks

dhirubhaii ambani

via:deshgujarat

If you are not taking risks, you are not heading anywhere. Though you have to pay for the risks, results are worth paying for. And Dhirubhai’s risk-taking ability brought huge success to him. His friends used to call him extremely ambitious.

Also Read: The Story of How Ratan Tata Brought The Owner Of Ford Company On His Knees!

3. Value Skills Over Degree

Success is often evaluated with degrees, the more qualified you are, the chances of being successful are higher. Absolutely false!

founder of reliance

via:pinterest

Do you even know how qualified Dhirubhai was? He studied till the 10th but never stopped learning as skills were the most important thing for him. And we don’t have to tell you the results of his belief.

Also Read: Secrets Busted: 7 Businesses That Run On Donald Trump’s Name That You Didn’t Know

4. Never Stop Believing On Yourself

We never lose against people, we always lose against ourselves and it happens when we believe others more than us. Never stop believing what you think is right and would work for you. Dhirubhai Ambani always did what he believed.

dhirubhai ambani

via:latestly

In 1965 he parted ways with Champaklal Damani who was his business partner due to differences in their business ideologies. Had he not took a risk and gave up in the middle; the future of Reliance would have ended with their partnership.

5. Don’t Be Afraid To Start With Small

founder of reliance

via:indiatoday

Before becoming the business tycoon, he worked at a gas station and even sold chaat-pakoda. He began his first company in 1960 in collaboration with his cousin. The office was not big, only 2 employees were there working in a small 350 sqft of room with not many facilities.

Reliance Industries is now one of the largest employing companies in India with more than 10 child companies under its umbrella.

reliance

via:tradingview

There’s a Dhirubhai within everyone provided you believe your potential, skills, and don’t give up until you reach the goal.

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