Born in July 1946 in a small village in India, Vinod Gupta has gone on to become one of the most successful businessmen in the United States. His family led a simple life, and his parents worked very hard to support his education in the village where he graduated in 1962. He went on to graduate with a degree in agricultural engineering five years later.
Vinod Gupta joined the Indian Air Force in 1964 and worked for three years before resigning to go and pursue a master’s degree in the United States in the University of Nebraska with the help of a scholarship.
After completing school, he began making capital from people’s borrowed money. He started his first business with two part-time employees in 1972. His profits were dedicated to growing the business, and in 1993, it went public. Refer to This Article for related information.
The company kept on growing and by 1997 had more than $108 million in revenues and 1,500 employees. It grew to cover the whole of the USA and Canada and was eventually sold for $680 million in 2010. As a great philanthropist and businessman, Vinod Gupta has been awarded an honorary doctorate from three different universities.
Borrowing $100 from a bank and growing it into $680 million-dollar business clearly showed the business intelligence of Vinod Gupta. Gupta is also a very charitable man and supports programs and schools both in the United States and in India showing his dedication to improve other people’s lives.
Gupta still works hard today and runs a venture capital firm that supports startups especially in information and database technology. Vinod Gupta strongly believes in the power of education and has been on the forefront of championing for women’s education especially through supporting young girls.
Vinod Gupta was the Chairman of Everest Group LLC in Omaha, Nebraska. He was the founder, chairman and chief executive officer of Infogroup, a technology company and started the Vinod Gupta Charitable Foundation. Today, Mr. Gupta oversees Focus Group, which is a company, which offers venture capital for database technology startups and acquires struggling businesses to make them profitable.
Reference article: https://gazetteday.com/2018/05/vinod-gupta-lessons-business/