A conglomerate in the business from telecom, textile to financial services and providing a variety of other services, Aditya Birla Group is an Indian multinational corporation that has created a huge impact for the Indian economy since its inception in the year 1857 (started by Seth Shiv Narayan Birla 162 years ago). Only an organization that follows certain corporate governance and ethics can be expected to sustain for more than a century, when an average large firm hardly survives for three decades. Today, it has a net worth of $ 44 billion plus (it is also the third largest in India in terms of revenue generated per year lagging only behind the TATA group and RIL) and is spread across fourteen industries and is also a part of the coveted
Fortune 500 companies’ list. Today, some of its sectors have become global powerhouses in their respective industry. It might excite you to know that roughly twenty five million passenger travel through train on a daily basis in India (which is more than the population of most of the countries in the world) and the Birla group has a good share in the production of copper used for this purpose – this is just one of the ways in which the Aditya Birla Group impacts our life without us even being aware of. It’s not limited to business. Even in the field of philanthropy, the group has made considerable commitments. Just recently, Aditya Birla Group announced that it would set fifteen million British Pounds for its scholarship program, thereby, allocating its philanthropy resources in the education sector.
Being a friendly person, I am used to making friends quite easily due to my gregarious nature, I learnt the art of selling and social adaptability quite early on in my life by building on these skills. This has helped me ace my difficult times through my valuable community and the connectivity. I would like to make an impact by starting up a business that can easy people’s life by bringing them comfort in the sector of freelance skilled workers. The major threat for this business idea is the warning of rapid automation across industries throughout the world. Although, it is in its nascent stage, it is a strong enough reason that can completely destroy all the future projections made and the investments based up on it. Therefore, it is necessary to build a team that has a vision about this concept and works in tandem with the automation rather than viewing it as a threat to the business plan. One of the ways this can be achieved is through, for example, beginning with investments from now itself on the robotic technology for creation and programming of construction workers with way higher productivity than their human counterparts. It will be a big investment at this point given where we stand in the particular technology, but it makes sense to invest in an idea of future than the idea of present which always risks becoming obsolete.