Business

Faced many biz failures but never gave up: Ambani

Faced many biz failures but never gave up: Ambani

TIL Desk/Business/Mumbai-Treating the investor money more carefully than one’s own and having the right team as well as not looking for immediate returns are some of the key requirements to become a successful entrepreneur, noted industrialist Mukesh Ambani said.”Treat your investors’ money even more carefully than your own money.

And secondly, you cannot do anything without the right team – these are the two non-negotiable for me,” said the owner of the world’s largest startup, Reliance Jio. Ambani was speaking at Nasscom Leadership Forum here. Narrating his experience as an entrepreneur and listing out the formulae that helped him become a successful corporate leader, Ambani recalled he learnt the first important lesson in business from his father the late Dhirubhai Ambani, founder of Reliance Group.

“The first piece about entrepreneurship was taught to be my father after I returned from the US. I asked him for my roles and responsibilities and my job, and he told me if I want to do a job, I have to be a manager. “An entrepreneur will figure out what to do,” Ambani said, recalling what his father told him.

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