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Assignment for Small Business Management

Roll no-23,Sagar Ajay Agrawal
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Our country has produced some of the outstanding citizens who have
been achievers in their own fields and have contributed immensely for the
country. Many have devoted their life for the freedom struggle; some
managed to find success in sports and have brought pride and glory for
our country and its people. In the field of ent ertainment, our film industry
is now recognized globally because of the talent and hard work of the
people related to it over a period of time. But my choice of an Incredible
Indian is from the field of business.
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The above lines said by Mr. Dhirubhai Ambani say a lot about his
personality. On 28th December 1932 a child was born at Kukaswada near
Chorwad, Junagadh (now the state of Gujarat, India). 

Right from the childhood he showed his knack for entrepreneurship by

undertaking small business activities and making money out of them
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During one incidence, he found out that the intrinsic value of the silver is
more than the face value of the coins being circulated by the government
in Yemen. He immediately started accumulating those coins and got them
melted and sold the metal in the bullion markets. Thi s shows how shrewd
he was as a person.

ëen years later, Dhirubai returned to India and started the Reliance
Commercial Corporation with a capital of Rs. 15,000.00. The primary
business of Reliance Commercial Corporation was to import po lyester yarn
and export spices.

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with over 85,000 employees provides almost 5% of the Central

Government's total revenue.

If today, Reliance decides to go for a new project than look at the amount
of business opportunities and demand that single project will create for
other goods and services. This is the way wealth trickles down in an
economy because of ³V
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he also created opportunities for thousand others to grow along with him .

With his great efforts,À!!"#
 
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Ambani's greatest achievement was that he showed Indians what was
possible. With no Oxford or Yale degree and no family capital.



 
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x I have a different take on that.He was an opportunist and he
made sure that he exploited every loophole to his advantage.

 
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I feel he is one of the greatest entrepreneurs which this world has ever
seen and the various awards and recognitions at the global level is a proof
of that. Even if our country has 10 such Dhirubhais we could grow at a
much faster rate and achieve our goal of a developed nation at a much
quicker pace. DhirubhaiAmbani seems destined to be remembered as a
folk hero²an example of what a man from one of India¶s poor villages can
accomplish with non-shrink ambition.

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