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dhirubhai ambani

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  • 1. CHILDHOOD Extremely demanding, and difficult to placate. As he grew up, he became even more vigorous, and irrepressible. Possessed immense gusto and enormous energy.Always determined to do what he wanted to do, in exactly the way he wanted it done, come hell or high water, as the phrase goes.
  • 2. Education After he completed his primary education, at the village school, he was sent to the Junagarh Dist. for further studies Quite popular in his school and well- known for his brilliance and hard-work Elected general secretary of the Junagarh Students Union
  • 3.  Dhirubhai campaigned for the Socialists. His elder brother and father were strongly opposed to this decision, especially as he had failed in his matriculation examination in the previous year. The candidates for whom he had campaigned won. Dhirubhai was pleased and was invited to join the Socialist Party but he had other things in mind. "Though I found the life of politics immensely attractive, I felt deep in my heart that I belonged to somewhere else…business, perhaps, though things were not yet so clear to me," he said in his later years.
  • 4.  After his annual matriculation examination, on the request of his father he had to move to Aden, Yemen to support his family. Aged 16 yrs. Started worked with A. Besse & Co. as a dispatch clerk for a salary of Rs.300, immediately on reaching Aden. A. Besse & Co.-- largest transcontinental trading firm east of Suez, engaged in almost every branch of trading business-cargo booking, handling, shipping, forwarding, and wholesale merchandising. Dhirubhai -first sent to the commodities trading section & later, transferred to the section that handled petroleum products for the oil giant Shell. quick on the uptake; learnt the ways of commodity trading.
  • 5. Majin Commercial Corporation Ten years later, Dhirubhai Ambani returned to India and started "Majin" in partnership with Champaklal Damani, his second cousin, who used to be with him in Aden, Yemen. The first office of the Reliance Commercial Corporation was set up at the Narsinatha Street in Masjid Bunder. It was 350 sq ft (33 m2). room with a telephone, one table and three chairs. Initially, they had two assistants to help them with their business. During this period, Dhirubhai and his family used to stay in a one bedroom apartment. In 1965, Champaklal Damani and Dhirubhai Ambani ended their partnership . Dhirubhai started on his own. It is believed that both had different take on how to conduct business. Ambanis net worth was estimated at about Rs.10 lakh by late 1970s.
  • 6. Reliance Textiles Sensing a good opportunity in the textile business, Dhirubhai and Aryan Mehra started the first textile mill at Naroda, in Ahmedabad in the year 1966. Dhirubhai started the brand "Vimal"Extensive marketing of the brand "Vimal" in the interiors of India made it a household name. Franchise retail outlets were started and they used to sell "only Vimal" brand of textiles. Dhirubhai Ambani is awarded with starting the equity cult in India. More than 58,000 investors from various parts of India subscribed to Reliances IPO in 1977.
  • 7. •9 Great management lessonsfrom Dhirubhai Ambani  1: Roll up your sleeves and help.  2: Be a safety net for your team.  3: The silent benefactor.  4: Dream big, but dream with your eyes open.  5: Leave the professional alone!  6: Change your orbit, constantly!
  • 8.  7. The arm-around-the-shoulder leader  8. The Dhirubhai theory of Supply creating Demand  9. Money is not a product by itself, it is a by-product, so dont chase itEntrepreneurship’s true sense lies in the fact that he always looks upon opportunity. “He gave courage which we never new we had”
  • 9. RELIANCE INDUSTRIES Polyester Petro- chemicals Textiles Petroleum Retail Reliance Oil & Gas Industries Telecom Limited
  • 10. Guru- film based onDhirubhai Ambani
  • 11. BOOKIn 1998, a book published by Hamish McDonald titled "The PolyesterPrince" is also an unauthorised biography of Dhirubhai Ambani,outlining all his political and business conquests.
  • 12. AWARDS AND RECOGNITIONS November 2000 – Conferred Man of the Century award by Chemtech Foundation and Chemical Engineering World in recognition of his outstanding contribution to the growth and development of the chemical industry in India 2000, 1998 and 1996 – Featured among Power 50 - the most powerful people in Asia by Asiaweek magazine August 2001 – Economic Times Awards for Corporate Excellence for Lifetime Achievement A poll conducted by The Times of India in 2000 voted Him "Greatest Creator of Wealth In The Centuries".