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Tuesday, November 06, 2007

Dhirubhai Ambani's words of wisdom

*True entrepreneurship comes only from risk-taking.

*Pursue your goal, even in the face of difficulties. Convert difficulties into
opportunities. Keep your morale high, in spite of setbacks. At the end you
are bound to succeed.

*My advice to young entrepreneurs is not to accept defeat in the face of
odds. Challenge negative forces with hope, self-confidence and
conviction. I believe that ambition and initiative will ultimately triumph.
The success of the young entrepreneur will be the key to India's
transformation in the new millennium.

*Dhirubhai will go one day. But Reliance's employees and shareholders
will keep it afloat. Reliance is now a concept in which the Ambanis have
become irrelevant.

*I have trusted people and they have put their trust in me. I have
encouraged youth, and they have never let me down. I have asked my
people to take initiative and to take risks. It has paid me rich dividends. I
insist on excellence. This helps us to be leaders. Reliance is built on some
of these principles.

*The secret of Reliance's success was to have ambition and to know the
minds of men.

*Growth has no limit at Reliance. I keep revising my vision. Only when
you dream it you can do it.

*The problem with Indians is that we have lost the habit of thinking big!

*We can prove to the world that India can do it. That Indians are not afraid
of competition. That India is a nation of achievers.

*I dream India of becoming a great economic superpower.

*We must forge a new partnership for a great India. A strong and
constructive partnership between industry, government and society.

*We must always go for the best. Do not compromise on quality. Reject if it
is not the best -- not only the best in India, but globally.

*If India wants to be a great nation, we must have courage to trust. This is
my sincere belief.

*All we have to do is to break the shackles that chain the energies of our
people, and India's economy will record a quantum leap and move into a
new, higher orbit of growth, competitiveness and productivity.

*I can never fully repay the debt I owe to Mumbai. To all of you. My past
was shaped in Mumbai.

*For those who dare to dream, there is a whole world to win!

*I am deaf to the word 'NO.'

*I am 100 per cent pro-liberalisation. I do not think any industrialist is
against it. But we should protect our industries, from unfair competition.

*There is no question about that (retirement). Business is my hobby. It is
not a burden to me. In any case Reliance now can run without me.

*I give least importance to being Number one. I consider myself to be
fortunate in this position and would like to contribute to nation building
in some way.

*Does making money excite me? No, but I have to make money for my
shareholders. What excites me is achievement, doing something difficult.
In this room extraordinary things must happen.

*Think big, think fast, think ahead. Ideas are no one's monopoly.

*Our dreams have to be bigger. Our ambitions higher. Our commitment
deeper. And our efforts greater. This is my dream for Reliance and for
India.

*First and foremost, I owe my success and achievements to the affection,
friendship and trust of millions of employees, customers, shareholders,
and business associates, who have stood by me and been a major source of
my strength all along.

*I believe that the success of Reliance cannot be attributed to the qualities
and achievements of one individual, or even a group of individuals, but
has to be viewed as a triumph of a process, and a spirit that binds the
entire Reliance family together.

*I consider myself a pathfinder. I have been excavating the jungle and
making the road for others to walk. I like to be the first in everything I do.

*I, as school kid, was a member of the Civil Guard, something like today's
NCC. We had to salute our officers who went round in jeeps. So I thought
one day I will also ride in a jeep and somebody else will salute me.

*My fulfillment lies in the satisfaction of every member of the Reliance
family, comprising thousands of workers, managers, business associates
and over five million shareholders. Being instrumental in creating wealth
for over 5 million India families, and bringing prosperity and well being
to their life is the best source of satisfaction and joy for me.

*Give the youth a proper environment. Motivate them. Extend them the
support they need. Each one of them has infinite source of energy. They
will deliver.

*You do not require an invitation to make profits.

*If you work with determination and with perfection, success will follow.

*Between my past, the present and the future, there is one common factor:
Relationship and Trust. This is the foundation of our growth.

*We bet on people.

*Meeting the deadlines is not good enough, beating the deadlines is my
expectation.

*Don't give up, courage is my conviction.

*We cannot change our rulers, but we can change the way they rule us.
As A G Krishnamurthy, founder of Mudra Communications, writes in his
book, Dhirubhaism, about some of the Reliance founder's doctrines:
Roll up your sleeves and help. You and your team share the same
DNA.
Be a safety net for your team.
Always be the silent benefactor. Don't tom-tom about how you helped
someone.
Dream big, but dream with your eyes open.
Leave the professional alone!
Change your orbit, constantly!
Money is not a product by itself, it is a by-product, so don't chase it.

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