13 Reasons Why Engineers Become Successful Entrepreneurs! Discover Knowledge Wisely to Learn Today, Lead Tomorrow!
Abstract:
- What's about engineering entrepreneurs?
- Famous engineer-turned-entrepreneurs in India!
- Famous engineer-turned-entrepreneurs internationally!
- Reasons Why Engineers Become Successful Entrepreneurs!
- What next... usual advise from the author!
- Production Engineering
- Digital Communication Systems
- Power System
- Computer Science
1. NR Narayan Murthy
Murthy was born on 20 August 1946 in Sidlaghatta. Following his secondary education, he attended the National Institute of Engineering, from where he graduated in 1967 with a degree in Electrical Engineering. In 1969, he earned a master's degree from the Indian Institute of Technology in Kanpur.
2. Azim Premji
At the age of 21, Azim Premji, a 1966 Stanford University BSC graduate, took over the family business, Western Indian Vegetable Products Ltd. The company used to produce mineral oils, soaps, and other products for daily use. Later, he extended the company’s product portfolio to include lighting products, hydraulic cylinders, hair care soaps, infant toiletries, ethnic ingredient-based toiletries, and baking fats. The young businessman understood the significance of the developing IT industry. Taking advantage of the void left by IBM’s expulsion from India in the 1980s, they changed the company’s name to Wipro and entered the high-technology industry. Wipro started producing minicomputers in technical cooperation with an American company, Sentinel Computer Corporation. Premji’s decisions and leadership put India on the map of IT companies and the sector as a whole. In 2005, the Government of India honoured him with the title of Padma Bhushan for his outstanding work in trade and commerce.
3. Sabeer Bhatia
After beginning his undergraduate education at BITS Pilani in 1986, Sabeer Bhatia moved to the California Institute of Technology (Caltech) after two years. He received a Master of Science degree from Stanford University and briefly worked for Apple Computer as a hardware engineer. Bhatia’s visionary contribution to the Internet revolution earned him widespread acclaim as a pioneer in the field of web-based e-mail when he co-founded Hotmail Corporation in 1996. As President and CEO, he guided Hotmail’s rapid rise to industry leadership and its eventual acquisition by Microsoft in 1998 for 400 million dollars, an amount which was unheard of at that time. Hotmail has now transitioned to Outlook – which remains one of the largest email providers in the world.
Sabeer Bhatia is now moving ahead as the Co-Founder and CEO of ShowReel, a Video Conversation and Analytics company that aims to revolutionize entrepreneurship and innovation through the use of short-form video content.
4. Vijay Shekhar Sharma
Vijay is an alumnus of the Delhi College of Engineering. He comes from a modest background and faced a lot of difficulties during his early years. His resilience and tenacity made him start One97, the company behind the brand Paytm. Vijay’s hard work and his efforts behind building India’s biggest fintech company finally paid off. Today, Paytm has become so well-known that even Warren Buffet has invested in the company. Paytm’s ₹18,300 crores initial public offering (IPO) was oversubscribed 1.89 times in what was said to be India’s biggest share sale.
5. Sachin Bansal
Sachin Bansal became the poster boy who transformed the e-commerce landscape of India. Sachin met Binny Bansal at IIT Delhi when they were students, and they later worked at Amazon together. E-commerce in India was in its infancy when Sachin and Binny quit Amazon to start Flipkart. Indians were not comfortable with the concept of online shopping, so this venture was a huge risk. But they believed in their dream and worked hard to achieve their goals. Flipkart has now been acquired by Walmart for a whopping $16 billion, and Sachin is known as the pioneer of the eCommerce industry in India.
6. Bhavish Aggarwal
Bhavish is a graduate of IIT Bombay. An entrepreneur at heart, he initially worked with Microsoft but quit after two years to start his own travel and tourism business. A bad experience one day while renting a cab made him see the opportunity in starting a cab rental company for people facing similar issues. That’s how he started Ola Cabs – to simply solve a consumer problem – and over time he’s taken the company to even greater heights. Ola has now entered the EV vehicle space as well and is valued at around $5 billion.
4. Alexander Naydenov
5. Carlos Slim
Carlos Slim ; born 28 January 1940, is a Mexican business magnate, investor, and philanthropist. He went on to study civil engineering at the National Autonomous University of Mexico, where he also concurrently taught algebra and linear programming.
11. Engineers are capable of solving problems
The engineering field is replete with people who are well-trained to solve a myriad of problems. Engineers are given training to think logically and to pursue a methodology to find useful solutions. This is how the engineering industry brings value to consumers. It forms the basis of a flourishing business.
12. Engineers are optimistic
Engineering courses educate students to persist with even in an adverse situation. An engineer always comes up with a positive frame of mind and will not give up until a solution is found. An entrepreneur should persevere and should continue to move ahead in the face of tough situation. An individual’s attitude and approach spell out the difference between success and failure.
At times, a business head may fluff the public to ensure the reputation of his firm’s reputation and values remain intact. Instead of believing in the concept of mistruths, an engineer will not mince any words in telling the truth. This attitude creates confidence with consumers. This way, people with an engineering background will have a positive impact on the business environment.
In next article the interested viewers can read about " How can a Vice Chancellor transform a University"?
Comments
Post a Comment
"Thank you for seeking advice on your career journey! Our team is dedicated to providing personalized guidance on education and success. Please share your specific questions or concerns, and we'll assist you in navigating the path to a fulfilling and successful career."