Imagine being kidnapped for a $1.5 Million ransom at a point to becoming India’s richest man.
This man made it happen and is famous for revolutionizing India's business space.
Here are 8 lessons that I learned from him.
A thread 🧵
This man made it happen and is famous for revolutionizing India's business space.
Here are 8 lessons that I learned from him.
A thread 🧵
1) Some of the biggest industrialists in the world are traders.
And a trader’s biggest strength is that they only know how to trade short-term.
So the transition from a trader to an industrialist is all about understanding the game of thinking long-term.
And a trader’s biggest strength is that they only know how to trade short-term.
So the transition from a trader to an industrialist is all about understanding the game of thinking long-term.
2) A true businessman can find money-making opportunities in even adverse situations.
During his initial days, Gautam Adani traded almost everything from diamonds to plastic and coal. The only constant being that he consistently made money.
During his initial days, Gautam Adani traded almost everything from diamonds to plastic and coal. The only constant being that he consistently made money.
3) Mindset and exposure to our dreams create our reality.
When you constantly envision yourself into a version of yourself you want to become and actively work towards it, it soon becomes your reality.
When you constantly envision yourself into a version of yourself you want to become and actively work towards it, it soon becomes your reality.
4) When your economic interests are aligned with the nation’s, business becomes easy.
When the nation needs exports, if you begin a business of exports or shift your business towards that direction, profit is guaranteed to you.
When the nation needs exports, if you begin a business of exports or shift your business towards that direction, profit is guaranteed to you.
And such opportunities are spotted by closely studying business stats across several verticals.
5) You need to modify your business according to the trends if you want to be profitable.
Adani began a port for trading salt, then moved on to trading coal, grains, & then edible oil.
Simply because all of these were more profitable & generating the maximum amount of revenue.
Adani began a port for trading salt, then moved on to trading coal, grains, & then edible oil.
Simply because all of these were more profitable & generating the maximum amount of revenue.
6) Your business investment doesn’t need to be profitable from start.
You can buy barren land that no one wants for Rs 1.
But when you make roads & lay railway tracks across the land, their value automatically rises to Lakhs.
You can buy barren land that no one wants for Rs 1.
But when you make roads & lay railway tracks across the land, their value automatically rises to Lakhs.
7) Some of the world’s major businesses are located around the sea shores.
From less expense on warehousing and transportation to easier exports and imports, this strategic location gives a lot of leverage to industries like automobiles, paper, steel, and pipes.
From less expense on warehousing and transportation to easier exports and imports, this strategic location gives a lot of leverage to industries like automobiles, paper, steel, and pipes.
8) Debt is good
If you are a businessman, you do not see how much debt you have, you assess how much profit you can make on that money.
From a business point of view, if a debt earns higher returns than the market rate, borrowing more is good.
If you are a businessman, you do not see how much debt you have, you assess how much profit you can make on that money.
From a business point of view, if a debt earns higher returns than the market rate, borrowing more is good.
This week I invited RN Bhaskar(@rnbhaskar1) , the author of Gautam Adani's biography.
We talked about his journey from a trader to an entrepreneur and everything in between.
Link: rajshamani.openinapp.co
We talked about his journey from a trader to an entrepreneur and everything in between.
Link: rajshamani.openinapp.co
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Thanks for reading!
- RT the first thread and share it with folks on Twitter.
- Follow @rajshamani for more such insightful threads.
Thanks for reading!
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