This document discusses the story of Ramesh Babu, a barber who became a millionaire entrepreneur. It describes how he started a small car rental business in 1994 with his savings to buy a Maruti Van. By 2004 he had expanded to seven regular cars. Through taking risks like being the first to invest in new luxury cars for his rental fleet, he grew his business to over 200 cars total by 2014, including 75 luxury cars like Mercedes, BMWs, and even a Rolls Royce. His risk of buying an expensive new luxury car in 2004 paid off by filling an unmet demand and helping his small rental business succeed where others had failed.

1. ENTREPRENEUR
a doer, not a Dreamer
Presented By
Dhamodharan M

2. ENTREPRENEUR
• Entrepreneurship is the pursuit of
opportunity beyond resources controlled.
• A person who organizes and operates a
business or businesses, taking on greater
than normal financial risks in order to do so

3. ENTREPRENEUR INNOVATIONAL VIEWS
• Wealth is created when innovation results to new demand.
• The main function of a entrepreneur is to combine various input factors
in a innovative manner to generate value to customer.
• The innovational ways may be in the view of
 New product
 New production methods
 New markets
 New form of organization

4. Ramesh Babu – a Millionaire Barber
• Ramesh Babu, the barber who became a
millionaire, he was shaping his dazzling
destiny.
• Stories of personal perseverance, the ones
where heroes overcome severe obstacles
and achieve dizzying heights of success,
have been around since the beginning of
time but they never get old.
• They inspire us and inflame our passions,
making us believe we too can follow suit.

5. Origin
• Ramesh Babu bought a Maruti Van with
his meagre savings in 1994.
• By 2004, he had a fledgling car rental
business with seven regular cars. In 2014
he has a fleet of 200 cars.
• What is even more extraordinary is the
75 luxury cars on the fleet- a range of
Mercedes, BMW’s, Audi’s, five and ten
seater luxury vans and, his ultimate
pride, a Rolls Royce.

6. How did he got there ?
• From 1994 onward he seriously got into the car rental business.
• The first company he rented it out to was Intel because that’s where
Nandini was working and she helped arrange it.
• Gradually, he started adding more cars to the fleet.
• Till 2004, he only had about five to six cars. He was focused on getting
the saloon business off the ground, so this was not my priority.
• The business was not doing well as the competition at this level was
intense. Everyone had small cars.
• He thought of getting into luxury cars because that is something that no
one else was doing.

7. Risk Taking
• When he was buying his first luxury car, in 2004, everyone told him that
he was making a big mistake.
• Forty lakhs in 2004 for a car, even a luxury car, was a very big deal.
• He was extremely apprehensive, but simply had to take the chance. He
told myself that I would sell off the car if worse came to worst.
• Fortunately for him, the risk paid off remarkably. No other car rental
service had luxury cars of this stature.
• There were ones who had purchased second hand models and the
conditions of those cars were far from pristine. He was the first person in
Bangalore to invest in a brand new luxury car and it did very well