There are millions of people who have interest in starting a small business. Business owners have more freedom over their daily schedule. In addition, starting a successful business is an excellent way to increase a person’s income.
Vinod Gupta was born in India to a low-income family. His parents worked hard, but they never built substantial wealth. He did have the opportunity to attend college and join the military. He eventually decided to move to the United States to pursue his dream of owning a business.
Starting a Company
After graduating from an MBA program, Vinod started working on a business idea. He worked a typical job during the day and worked on his company at night. The business quickly became more successful than he ever dreamed. Vinod eventually sold the company for millions of dollars. With the additional capital, he was able to invest in other business ideas.
Vinod Gupta is 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.
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Some people wrongly assume that starting a business is easy. New business owners quickly find out how complicated the process can be. Vinod had to work long hours each day to become successful. He recommends that new business owners save a substantial amount of money before starting a company. A significant cash position can help smooth out low sales for business owners. In an article with Gazette, Vinod Shares Lessons in Business to those who wanted to be successful like himself.
Although Vinod is financially successful, he is continuously looking for ways to improve his life. He continually reads books about becoming a better parent and husband. He also spends time supporting various volunteer organizations in his city. Although he maintains a busy schedule, he enjoys his work and has no plans to retire.
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