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Dhirubhai Ambani: The Most Enterprising Indian Entrepreneur
Dhirubhai Ambani: The Most Enterprising Indian Entrepreneur
Dhirubhai Ambani: The Most Enterprising Indian Entrepreneur
Entrepreneur
Seminar submitted for partial fulfillment of the requirements
for the degree of Bachelors of Business Administration-II
Submitted To:
Prof. Prerna Kaur
Submitted By:
Gurpal Singh
10440
Who Is Entrepreneur?
Definitions
Derived from French word entreprendre means `to
undertake
Richard Carleton: `a person who buys factors of
production at certain prices in orders to combines
them into a product with a view to sell them at
uncertain prices.
An entrepreneur is one who takes risk to start a
business or other venture, or to buy and assume the
management of a company.
Entrepreneurship
Entrepreneurship
4 factors of production
Land
Organization
labor
capital
New Venture
THINK BIG
THINK FAST
THINK AHEAD
IDEAS ARE NO
ONES
MONOPOLY.
Early Life
He was born into Gujarati family.
Hirachand Gordhandhas Ambani was a village school
teacher with little income.
Hirachand and Jamnaben has two daughters and three
son Dhirubhai was the second son.
Reliance Textiles
Sensing a good opportunity in the
textiles business. Dhirubhai and
Aryan Mehra started the first
textiles mill at Naroda in
Ahmedabad in the year 1966.
Dhirubhai started the brand Vimal
Extensive marketing of the brand
Vimal in the interior of India made
it household name. Franchise retail
outlets were started and they used
to sell only Vimal brand of
textiles.
Dhirubhai Ambani is awarded with
starting the equity cult in India
subscribes to Reliance's IPO in
1977.
Death
Dhirubhai Ambani was admitted to the Breach Candy
Hospitals in Mumbai on June 24, 2002 after he suffered a
major stroke. This was his second stroke. He died on July 6,
2002.
His funeral procession was not only attended by business
people, politicians and celebrities but also by thousand of
ordinary people Dhirubhai Ambani started his long journey in
Mumbai from the mulji- Jetha Textile Market, where he
started as a small-trader.
At the time of Dhirubhais death, Reliance Group had a gross
turnover of Rs. 75,000 crore or USD $ 15 Billion. In 1967-77 ,
the reliance group had annual turnover of Rs. 70 crore and it
is to be remembered that Dhirubhai had started the business
with just Rs. 15,000 (US$350)
In popular media
A film said to be inspired by the life of Dhirubhai
Ambani was released on 12 January 2007. the Hindu
Film GURU.
In 1998, a book publish by Hamish McDonald titled
the Polyester Prince is also an unauthorized
biography of Dhirubhai Ambani, outlining all his
political and business conquests.
success
Success in attaining that goal will eventually ring in
the cash. For instance, if you work towards creating a
name for yourself and earning a good reputation, then
money is a logical outcome.
People will pay for your product or services if it is good
.
Sound too simplistic for belief? Well, look around you
and you will know exactly how true it is.
THANK YOU