Sunil Bharti Mittal’s Self-Made Millionaire Secrets
Sunil Bharti Mittal started his first business by borrowing $1,500 from his dad when he was 18. He is now a successful entrepreneur heading a $5 billion entrerprise called Bharti Group. In this video, Sunil Bharti Mittal has shared with us some of his entrepreneurial skills and mindset that make him a multi-billionaire today:
• Associate with large entities – give confidence to the partner by demonstrating high corporate governance and superior processes.
• Do things that have not done before – try not to compete directly with the big boys
• Act faster than your competitors – choose speed against perfection especially when your company is small. Big players take their time so this gives opportunity for the small company to get ahead of the competition.
• Get closer to customers – talk to your customers and frequently find out what exactly they need.
• Aim for both low cost plus high quality – work out a formula to achieve both of these two goals.
