Mukesh Ambani: Use

“A third track running at that time, apart from academics and the fun stuff, was that my father shared with me his passion for business and entrepreneurship from very early on. Even when I was in high school, I used to spend long hours at office on weekends.”

Mukesh Ambani

Always invest in businesses of the future and in talent

School , Business , Passion , Time

“We only have a superficial knowledge about the true rural India -- the power structure, how to operate in tehsils, what are their true concerns, etc. But we think we can significantly change purchasing power and how we live. That's what motivates us”

Mukesh Ambani

Mukesh Ambani on retail and SEZ plans

Motivation , Knowledge , Thinking , Change

“We offer to protect their savings in a job here. If you earn $100,000 a year there, you also spend $80,000 and save $15,000-$20,000. We say, if you work for us in India, we will ensure you save $15,000 dollars a year and are part of something exciting without a loss to you.”

Mukesh Ambani

Mukesh Ambani on retail and SEZ plans

Loss , Parting

“I believe India today is potentially poised for another even more stupendous leap on its upward trajectory. India’s relative weight in the global economy and in world affairs in general, is bound to grow for many reasons. By 2030, India is projected to overtake China as the most populous country in the world, with the third largest economy in US dollar terms. Furthermore India is a very young nation with nearly two thirds of its population below the age of thirty-five.”

Mukesh Ambani

Reimaging India: Unlocking the Potential of Asia’s Next Superpower

Age , World , Country

“My first memories are of the early '60s at mount road which was then an emerging area. We were a close-knit family and the four of us -- Dipti, Nina, Anil and I -- were left to do what we wanted. There were boundaries, of course, but within those, we were not micro-managed. Things have changed so much now. When my kids, Isha and Akash, were in the third standard, we behaved as though it was our exam.”

Mukesh Ambani

Always invest in businesses of the future and in talent

Family , Memory , Change

“I was very focussed on building various competencies in Reliance and we were not ready to do two things at the same time. It was a big risk for us to get into IT, especially because it was hugely effort-intensive. In my language, I said we have too much soap on our body and we need to take a bath in the chemicals business.”

Mukesh Ambani

Mukesh Ambani on how Reliance was built

Business , Effort , Time

“My reference points were US companies. We were hugely influenced by large US chemical companies, especially DuPont. It was a very open company and we could take advantage of their learnings. The US is also a very open society. I could to go the US Association of Chemical Engineers and get the standards, data, etc.”

Mukesh Ambani

Mukesh Ambani on how Reliance was built

Learning

“Mahatma Gandhi’s dream of self-reliance can be attained by making use of Internet and technology.”

Mukesh Ambani

In "5 things you may not know about Mukesh Ambani".

Dreams

“We are working at putting the most modern technology in farms at Indian costs. I always say whatever the US implements in dollars we should be able to do it at exchange rate of Rs 10, then we would be globally competitive.”

Mukesh Ambani

Mukesh Ambani on retail and SEZ plans

“The US and Europe saw large players in foods by the '50s and '60s; but in India, food has always been a disorganised, fragmented value chain. We believe that India's purchasing power will be food-dominated. The first thing we need is safe to eat food that will, in turn, meet many other needs.”

Mukesh Ambani

Mukesh Ambani on retail and SEZ plans

Food

“We all know India has a huge competitive advantage -- we have the largest arable land, focused sunshine, sensible utilisation of water in 30% of land. The question is what should we do to make the US market -- the most difficult market in the world -- accept our produce. For that, we need traceability. It is a simple technology, which we are giving the farmers. It needs certification and verification processes -- to us it is like a process plant. You can then get the output, sort it and grade it.”

Mukesh Ambani

Mukesh Ambani on retail and SEZ plans

World , Question , Water

“Even when I was doing chemical engineering, I was working almost full time for Reliance. I finished college at 2.30 pm and went straight to the office. I remember, we were raided and my father was in the US.”

Mukesh Ambani

Always invest in businesses of the future and in talent

Time

“a leader is only recognized when he can resolve all differences. My father had the veto power over all decisions and that veto power is mine. But in the last ten years, he never used his veto power. He would say, once you have fired you gun you no longer have the bullet with you…My father’s biggest legacy was his leadership. He used to say, a leader must have followers. Respect can not be demanded. I have to get others to say what I want to say.”

Mukesh Ambani

Mukesh who followed his father’s principles quoted in page=56
Mukesh Dhirajlal Ambani, Anil Dhirajlal Ambani

Decision