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Vinod Gupta Shows How Persistence Can Pay Off December 31, 2018

 

Vinod “Vin” Gupta is a successful businessman who has never forgotten his roots. His humble beginnings in a small Indian village. The lessons he learned as a child helped him grow and become a self-made millionaire. He started school at the Indian Institutions of Technology. While there Vin Gupta studied agricultural engineering. He continued his education in the United States at the University of Nebraska at Lincoln where he studied business and engineering.

After graduating, he went on to work as a marketing research analyst for a mobile home manufacturer. After realizing there was no cohesive list of mobile home dealers, he opted to compile a list by using all of the local phone books in print. After a while, Vin Gupta had compiled quite an extensive list to present to his employer.

After getting a $100 bank loan, Gupta sent out a series of letters to individuals who could take advantage of his database services. He founded American Business Information in 1972. After several years of amassing databases, his company grew to be worth $500 million. In 2010, he sold the company for $680 million.

While Gupta still dabbles in several businesses, it has always been his goal to give back to his community. Gupta recently donated nearly $1 million to the development of a women’s polytechnic institution in his hometown of Rampur Maniharan. The school, established in 2000, promotes “Women’s Education” and allows women the opportunity to achieve a post graduate degree in 24 months.

The polytechnic institute offers classes in textiles, computer applications, technology, and more. He has also set up scholarships for girls who have the desire to further their education after high school. He provides everything that is needed to ensure their success including clothing, books, buses, and more.

Additionally, Gupta has donated more than $50 million of his income toward educational endeavors and advancements. View More Information Here.

 

See: https://yourstory.com/2018/09/vinod-gupta-up-education/

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Vinod Gupta Gives Towards Education For Future Indian Entrepreneurs November 6, 2018

 

Back more than 50 years ago when he left his small village to embark on his academic journey and eventually his professional career leading to becoming a millionaire, Vinod Gupta probably never imagined it would one day have its own polytechnic school for women and become developed with modern services.

But that’s just what he helped it become after successfully growing InfoUSA into an international company and pledging to use the profits to make a difference in countries like India. Gupta also has given to universities in the US and has established grants and scholarship programs helping the underserved student communities. Gupta also invests in startup companies through his family office firm, Everest Group.

Vinod Gupta began his own business by turning what was s big task for the company he worked for at the time into an idea of his own. He had had to find new clients through business listings, and when he realized he was building no leads through the outdated lists, he decided to order yellow page phone books and build updated lists from those. View Additional Info Here.

While this work took quite some time for Gupta to accomplish, Vinod realized he could potentially make money by selling his new business contact lists back to the company. The company didn’t buy it from Gupta, but they did grant his request to be able to sell it to other companies.

The list Gupta built soon turned into other business-to-business contact information, and soon he had a whole database company built. It started with just a few thousand dollars in revenue, but it would grow into millions as it grew its office space, and it eventually reached over $680 million after it was renamed InfoUSA.

Vinod Gupta hired many people from poor communities at the company, and he often traveled around delivering lectures at business schools. He also served in the Clinton administration as the US Consul General to Bermuda.

 

Read more about Vinod on https://ideamensch.com/vinod-gupta/

 

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Entrepreneur Vinod Gupta Shares His Views On The Risks Of Investing October 15, 2018

 

Businessman Vinod Gupta says that many people would love it if investing were as easy as using a money manager, waiting a bit as they quickly make a sizable sum, and then hand it back to you. It isn’t that quick or simple, though, and there are financial risks involved.

 

This is especially true for his line of work in regard to risk. Vinod Gupta operates a buyout firm. They invest huge amounts of money into a company in order to turn around its operations and have it start generating a profit. Since what they are investing in is unprofitable and they seek to make it profitable that has a very high degree of risk but also can return a huge amount of money is pulled off successfully.

 

Vinod Gupta says that calling the American economy something that is changing would be a big understatement. Just over the past few decades, it has collapsed twice and seen a number of bubbles form in various industries. We also have huge debts, both corporate and government in nature, nowadays. He says that how people think about investing their money has changed and there has been an increased need to make an income from alternative methods.

 

He has been the Manager at Everest Group for the past several years. He is well-known in business circles for taking on a $100 loan and turning that sum of money into a company that was worth $680 million. He says, though, that it’s not just about making money for him. It’s also about making a positive impact in the lives of others. He especially credits education for getting him where he is today so helping others earn a great education is one of his most important callings in life. Go Here for related Information.

 

In an article with Medium, Vinod shares his Business Advice on how to succeed in the competitive and modern world of business.

 

View source: http://blogwebpedia.com/good-investments-vinod-gupta-proves-sustainable-strategies-are-working.html#.WzviPi2ZM_U

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