InfoGroup is a tech database company that Vinod Gupta started with a one-hundred-dollar investment. He later sold the company for 680 million dollars. Through his success, he has gained a multitude of experience that has been valuable for businesses. As the current Managing General Partner of Everest Group, Vinod Gupta has aided the company in providing database technology businesses with successful consulting services, venture capital, and private equity.
Vinod Gupta’s way of looking at businesses
For any business to grow, it is prudent that a team is in place that can handle daily needs of the business. Through a core team that he can trust due to their loyalty and independence, Vinod Gupta focuses his input on more significant company projects. Other tasks involve him meeting potential clients and brainstorming on ways through which he can expand his businesses.
Vinod Gupta also gains adequate knowledge from reading. He uses his intuition to decide on the business risks that he deems worthy for venturing. Apart from his intuition and experience, Vinod takes advice from his peers on risks that are worth considering. Additionally, he uses the cost-benefit analysis approach on business investments; if the risk is too high, his approach becomes more conservative. See This Article for more information.
Vinod Gupta’s advice to entrepreneurs
His advice to young entrepreneurs is to invest in the many opportunities that technology has provided. They should also tap into the endless possibilities of advancements in technology. With such opportunities, they can build on their dreams by being articulate risk takers. Opportunities for funding startup businesses are also available in today’s environment.
One of the most exciting opportunities for business growth is the database utilization. Vinod Gupta sees this as an opportunity for potential future evolvement, especially with the additional advancement of artificial intelligence.
Additional reference: http://www.fivehundo.com/vinod-gupta/