Brand : Reliance Industries Audience : Young Adults Challeges : Mr. Dhirubhai Ambani was the Indian business tycoon and also the founder of the Reliance Industries, but the company he founded was not given to him as a gift, as he had to face many challenges. He used to work at petrol pumps and was earning minimal income but he dreamt to be a big businessman as he had great ideas. So, one day he saw a toy seller passing by and he stopped him and asked, For how much do you buy these toys and for how much do you sell them? He replied, I bought these for 50 rupees and sold it for 70 rupees. This gave him an idea, so he went to the wholeseller from where the toy seller bought the toys and had made a deal with him that I will bring you more customers which will buy toys from you for 70 rupees and will purchase in bulk, but on every purchase I'll take my 20 rupees cut, as the actual cost for which he sold was 50 rupees. As the time went with some income which he collected helped him in establishing the Reliance Industries.
...read more