Inside The Mind Of Mukesh Ambani

Billionaire Mukesh Ambani, shared his perspective on how he takes a decision – contextualised to Reliance Jio!

1.    “To me, what is most important is did we move the country forward and does the consumer gain … and as long as the consumer gains and the country moves forward, it is worth taking those losses…”

A Lesson for us:

  • Successful business should have a purpose higher than merely making money.
  • Successful business take decision keeping customers’ interest ahead of their own. Why do they adopt this style of decision making? If customers’ interests are protected then they will be happy; in turn, they will not merely give business, but also repeat business to the company!

2.    “Our DNA is that we are very focussed. We always believe in the principle … that if you focus on the goal, you will overcome all obstacles. If you focus on the obstacles, you will never achieve your goal…”

A lesson for us:

  • Where you focus, energy flows there & where energy flows ‘results’ come!
  • Focus on getting solution not identifying problems.
  • “Whether you think you can, or you think you can’t–you’re right.” Henry Ford

3.    Replying to Mr Sunil Mittal’s reported comments – who runs India’s biggest telecom firm Bharti Airtel – that all telecom companies had put together written down $40-50 billion of investments due to Jio’s entry –  Mr Ambani replied, ‘I don’t think we can rely on governments and regulators to guarantee our profits or losses,

A lesson for us:

  • A successful business looks upon itself as its strongest competitor – it competes with itself & attempts to disrupt itself all the time & seeks to emerge in a stronger ‘avatar’ every day! Bottom-line– Disrupt yourself before others disrupt you!
  • Be proactive, not reactive!

(Source: The quotes of Mukesh Ambani have been taken from an article which has appeared in Business Today. You may read this article here)