Are you searching for the list of most famous entrepreneurs in the world? Well, you’ve come to the right place.
An entrepreneur is someone who jumps off a cliff and builds a plane on the way down. ― Reid Hoffman
Fortunately, we’ve a ton of entrepreneurs to look up to whenever we need the inspiration to work on your own ideas instead of others.
This post is all about comprising the list of some of the best entrepreneurs to follow in the modern age. We also included their net worth, favorite quotes, and lessons we can all learn from these top entrepreneurs in the world.
Without much ado, let’s dive into the details.
Table of Contents
- So what is entrepreneurship anyway?
- Top 20 Most Famous Entrepreneurs of Modern Age
- 1. Jeff Bezos
- 2. Bill Gates
- 3. Mark Zuckerberg
- 4. Larry Page And Sergey Brin
- 5. Richard Branson
- 6. Steve Jobs
- 7. Larry Ellison
- 8. Ritesh Agarwal
- 9. Vijay Shekhar Sharma
- 10. Elon Musk
- 11. Steve Ballmer
- 12. Mukesh Ambani
- 13. Oprah Winfrey
- 14. Jack Dorsey
- 15. Raymond Thomas Dalio (Aka Ray Dalio)
- 16. Jack Ma
- 17. Shiv Nadar
- 18. Adam D’Angelo
- 19. Ratan Tata
- 20. Nithin Kamath
- FAQs | Top Entrepreneurs & How They Made It
- Final Thoughts
So what is entrepreneurship anyway?
Honestly speaking, there are way too many definitions for the word “entrepreneurship”. In Steve Jobs’s perspective, entrepreneurship is all about doing really crazy things to accomplish amazing things. It’s simply putting a dent in the universe.
The idea of entrepreneurship revolves mostly around having an Idea, working on it until it is materialised, face challenges daily, competing with others in your industry and ultimately increasing the profits of your business.
If you want to be a successful entrepreneur, make sure to have a clear vision, work hard on your goals, have the right team and be consistent for next few years.
After all, entrepreneurship is all about working super hard, reaching out your targets, making profits and attracting the right customers so you can survive even in the run.
Enough said about entrepreneurship, lets now directly jump into the list of some of the best entrepreneurs you can follow in 2021 and beyond. The good thing is that, you can also find the famous entrepreneurs quotes (where we compiled one for each one of them).
Top 20 Most Famous Entrepreneurs of Modern Age
1. Jeff Bezos
Jeff Bezos is the founder of Amazon which is the largest eCommerce marketplace used by millions of customers worldwide.
Who is Jeff Bezos?
Jeff Bezos (full name is Jeffrey Preston Bezos) is an American entrepreneur, world’s richest investor and also a philanthropist who graduated from Princeton University.
On July 5, 1994, Jeff opened Amazon.com, named after the meandering South American river where he initially sold books across the US and in 45 foreign countries within 30 days. Later, he also started delivering CDs, videos, clothes, electronics, toys and more.
Now Amazon is the leading e-retailer in the United States with close to 280 billion U.S. dollars in net sales recently, that’s a whopping amount, right?
Even in developing countries like India, Amazon is performing really well and competing with eCommerce giants like Flipkart (even dominating in few areas).
Here’s the famous quote by Jeff Bezos.
A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well. ― Jeff Bezos
What can you learn from Jeff Bezos?
Start small, grow big: If there’s ONLY one lesson you can learn from the founder of Amazon i.e Jeff Bezos, it is this: start small, grow BIG.
He initially sold books through Amazon.com (which was available only for US audience). Within 30 days after launching Amazon, it was doing $20,000 per week in sales. Then, he started selling other things too including CDs, toys, gadgets, clothes and so on.
It literally became the “bookstore” to “everything store” in no time. If you’re just getting started, instead of going for too many things, focus on one thing. Start small, be consistent and grow big. That’s what you can learn from the world’s richest person: Jeff Bezos.
Here’s the startup advice from Jeff Bezos.
“If you decide that you’re going to do only the things you know are going to work, you’re going to leave a lot of opportunity on the table. Companies are rarely criticized for the things that they failed to try. But they are, many times, criticized for things they tried and failed at.”
2. Bill Gates
William Henry Gates (popularly known as Bill Gates) is an American business magnate, investor, author and philanthropist. He is the founder of Microsoft foundation which he launched along with Paul Allen in 1975.
Who is Bill Gates?
Bill Gates is one of the world’s richest persons, from 1995 to 2017, Bill Gates held the Forbes title of the richest person in the world all but 4 of those years. He also is known for his philanthropist activities such as Melinda Foundation and his current net worth is over $120 billion dollars.
Here’s the famous quote by Bill Gates.
If you can’t make it good, at least make it look good. ― Bill Gates
What can you learn from Bill Gates?
Be your own boss and start early: One of the primary reasons Bill Gates had huge success because he started early. Whether you know it or not, he was only 13 years old when he started working with computers.
Yes, he had that passion towards computers at the early age and that’s what helped him to achieve massive success in the later years to start Microsoft.
Bill Gates became his own boss (although he partnered up with dozens of people including Paul Allen) at the early age. He didn’t waste any time working for others, so if you want to be like Bill Gates, start early and work on your own dreams.
3. Mark Zuckerberg
There are very few people who are not aware of Mark Zuckerberg as he’s the founder of widely popular social media platform Facebook.
Who is Mark Zuckerberg?
Mark Elliot Zuckerberg is an American technology entrepreneur and philanthropist who studied at Harvard University and he is one of the richest persons on the planet right now who has an estimate net worth of over $101 billion dollars.
He’s the ONLY person under 50 in the Forbes ten richest people list and also the only one under 40 in the “Top 20 Billionaires” list. His social networking company Facebook has over 2.7 billion active users monthly!
Facebook is undoubtedly the #1 social media platform used by everyone including students to marketers to leaders from all over the world.
Here’s the famous quote by Mark Zuckerberg.
The biggest risk is not taking any risk… in a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks.
What can you learn from Mark Zuckerberg?
Don’t chase money: Mark Zuckerberg never seemed to acquire wealth. Here’s what he said once: “My goal was never to just create a company. A lot of people misinterpret that as if I don’t care about revenue or profit or any of those things. But what not being ‘just’ a company means to me is building something that actually makes a really big change in the world.”
So what does it mean? Money comes as a by-product. Don’t chase money, instead, focus on creating an amazing product (or service) that improves the lives of others. Then, you’ll eventually make money just like Mark Zuckerberg.
4. Larry Page And Sergey Brin
Lawrence Edward Page (commonly known Larry Page) is an American entrepreneur who co-founded Google with Sergey Brin.
Sergey Mikhaylovich Brin (popularly known as Sergey Brin) is also an American entrepreneur and investor who’s partnered up with Larry Page to launch Google which was founded back in 1997 September 15th.
Who are Larry Page And Sergey Brin?
Larry Page is currently the CEO of Alphabet (which is a Google’s parent company) and he has a net worth of over $78 billion dollars.
Sergey Brin is currently the President of Alphabet who has a net worth of over $75.9 billion dollars.
Both Larry Page and Sergey Brin had received the prestigious award Marconi Prize in 2004
Here are the famous quotes by Larry Page And Sergey Brin.
We do lots of Stuff. The only way you are going to have success is to have lots of failures first. — Sergey Brin
Always deliver more than expected. ― Larry Page
What can you learn from Larry Page And Sergey Brin?
Invention and marketing are the keys to success: Here’s what Larry Page once said “Invention is not enough. [Nikola] Tesla invented the electric power we use, but he struggled to get it out to people. You have to combine both things: invention and innovation focus, plus the company that can commercialize things and gets them to people.”
What can you understand from it?
Google has succeeded because of two reasons: it satisfied the searchers wants (by giving the best possible results) and it also became the synonym for most people for the word “search”. If you want to succeed as an entrepreneur, find ways to market your products so they reach to wider audience.
Just inventing new things is not going to help you in this crowded market place as you’ve to go out and market yourself to bring more exposure and customers to your products (or services).
5. Richard Branson
Sir Richard Charles Nicholas Branson (popularly known as Richard Branson) is best known as the founder of Virgin group which comprises of more than 400 companies worldwide.
Who is Richard Branson?
Richard Branson holds the Virgin group and ranks 8th among wealthiest British billionaires by net worth. He’s also the first and only person to cross the Atlantic in the largest hot air balloon. He, later on, broke his own record by crossing pacific in a Virgin hot air balloon.
Looking for the famous entrepreneurs quotes?
Here’s the famous quote by Richard Branson.
Business opportunities are like buses, there’s always another one coming.
What can you learn from Richard Branson?
Enjoy what you do: Richard Branson enjoys his work and he parties hard. Whether you know it or not, he owns 2 private islands, one he rents out and the other island which is known as nectar island where he parties along with the celebrities including Mariah Carey, Kate Winslet, Oprah, David Beckham and so on.
He’s known for taking risks and he really enjoys what he does. Here’s the business advice from Branson.
“Entrepreneurship is not about getting over customers. It’s not about working on your own. It’s not about looking out for number one. It’s not necessarily about making a lot of money. On the contrary, it’s about turning what excites you in life into capital, so that you can do more of it and move forward.”
6. Steve Jobs
Steven Paul Jobs (popularly known as Steve Jobs) was an American entrepreneur and investor. If you’re using smartphones especially an iPhone, you probably know who Steve Jobs is!
Who is Steve Jobs?
Steve Jobs was the chairman, CEO and co-founder of Apple Inc which is now worth over $2 trillion dollars (yes you heard it right) and it’s also considered as one of the Big Four of technology along with Amazon, Google, and Facebook.
Steve Jobs was also the chairman and majority shareholder of Pixar, which is an American computer animation film studio founded in 1986.
Here’s the famous quote by Steve Jobs.
Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma – which is living with the results of other people’s thinking. Don’t let the noise of other’s opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary. – Steve Jobs
What can you learn from Steve Jobs?
Put a dent in the universe: Here’s what Steve Jobs meant when he said: “put a dent in the universe”. The “dent” is leaving your own mark and impacting the lives of the people in our universe, even if that change may be as small as just a “dent”.
Steve Jobs is known for his creativity and he literally changed the future of how we use our smartphones. Not only he came up with the ideas of iPhone, iPad and so on but he crafted them so beautifully that everyone wants to like them.
7. Larry Ellison
Lawrence Joseph Ellison (commonly known as Larry Ellison) is an American entrepreneur who is the co-founder of Oracle Corporation.
Who is Larry Ellison?
If you’re into technology or software, you must have heard about Oracle and Larry Ellison is the one who co-founded it along with Bob Miner, Ed Oates in 1977.
Here’s the famous quote by Larry Ellison.
If you do everything that everyone else does in business, you’re going to lose. The only way to really be ahead is to ‘be different’.
What can you learn from Larry Ellison?
Have a clear vision: One of the key factors that differentiate a leader from others is this: they all have a clear vision. A successful leader is one who is always thinking about the future, not just the present.
Larry Ellison had a clear vision and that’s the reason why Oracle is still one of the leading software companies which were actually started way back in 1977. Today the company does 40+ billion dollars in annual sales and has a market cap of over 182 billion dollars. Yes, you heard it right.
So if you’re going to launch a startup or company, make sure to think about the next generation and have plans for it.
8. Ritesh Agarwal
Have you ever heard of Oyo Rooms? If you’re an Indian who especially loves to travel might have already stayed at Oyo Rooms at least for once. Oyo Rooms was founded by Ritesh Agarwal.
Who is Ritesh Agarwal?
Ritesh Agarwal is the founder of OYO Rooms which is India’s largest hospitality company that mostly offers budget friendly accommodation with all kinds of neatness and safety features and it was founded in 2013.
Here’s the famous quote by Ritesh Agarwal.
Start small, nail it and then make it big.
What can you learn from Ritesh Agarwal?
Find the RIGHT mentor: Ritesh Agarwal from Oyo rooms had shortlisted for “The Thiel Fellowship” (he was amongst the top 1% of the candidates that applied) which is a 2 year program wherein fellows receive $100,000 and mentorship.
Not only that, all the candidates who had been selected for Thiel’s fellowship had access to learn from the foundation’s network investors including Mark Zuckerberg, Larry Page, Elon Musk, Peter Thiel and so on.
This mentorship program along with the fund had helped Ritesh so much so that he launched Oyo rooms which is now revolutionized the hotel industry in India! So look for the RIGHT mentors, implement what you learn and do it better – that’s how you can achieve success like Ritesh Agarwal.
9. Vijay Shekhar Sharma
Have you heard about PayTm? If you’re an Indian, chances are you’ll be mostly using it and if you’re not, just Googling the word “PayTm” tells you how popular it is in India. PayTm (Pay Through Mobile) is India’s biggest eCommerce payment system which also offers digital wallet which was founded by Vijay Shekhar Sharma.
Who is Vijay Shekhar Sharma?
Although the Paytm Payments Bank (which literally revolutionized the payment industry) is a separate entity in which founder Vijay Shekhar Sharma will hold 51% share, One97 Communications holds 39% and 10% will be held by a subsidiary of One97 and Vijay.
Here’s the famous quote by Vijay Shekhar Sharma.
If you’re not the customer, don’t build it – Vijay Shekhar
What can you learn from Vijay Shekhar Sharma?
Look for the opportunities: If you want to be successful, you don’t have to reinvent the wheel, sometimes you just need to look for the opportunities and do better than anyone else. That’s what Vijay did with PayTm.
Before the success of PayTm, there were other great alternatives like FreeCharge for mobile payments and recharges in India but the reason why PayTm succeeded, in the long run, is because it took the right steps at the right time (such as after “demonetization in India”, almost everyone started using PayTm including tea vendors).
So the key here is most successful entrepreneurs either create completely new and innovative products or they improve on the products of others. It’s as simple as that!
10. Elon Musk
How can we curate the list without including the REAL Iron Man Elon Musk himself? Elon Reeve Musk is a technology entrepreneur and also an engineer who holds multiple citizenships including South Africa, Canada and U.S. and famously known for SpaceX.
Who is Elon Musk?
Elon Musk is an all-rounder entrepreneur who was the co-founder of the famous online payment system PayPal. He is currently the founder, CEO, and lead designer of SpaceX, co-founder, CEO, and product architect of Tesla, founder of The Boring Company.
Here’s the famous quote by Elon Musk.
When something is important enough, you do it even if the odds are not in your favor – Elon Musk
What can you learn from Elon Musk?
Take risks: Elon Musk is someone who’s famous for taking risks.
What would you do if you had around $200 million by selling a company? Most of us would think that we’re settled in life, buy a big mansion including expensive cars, travel around the world, sit back and relax for the rest of our lives, right?
Here’s where the Elon Musk stands out from the crowd by taking risks. There’s one quote that sums it up all when Elon said “My proceeds from the PayPal acquisition were $180 million. I put $100 million in SpaceX, $70m in Tesla, and $10m in Solar City. I had to borrow money for rent.”
If you want to be like Elon Musk, don’t afraid to take risks. Even if the odds are not in your favour, if something is worth pursuing, do it instead of thinking about failures.
Here’s one bit of advice from Elon Musk about entrepreneurship: “It is important to view knowledge as sort of a semantic tree: make sure you understand the fundamental principles – the trunk and big branches – before you get into the leaves/details, or there is nothing for them to hang on to.”
11. Steve Ballmer
Steven Anthony Ballmer is an American billionaire entrepreneur and investor who worked as the CEO of Microsoft from 2000 to 2014.
Who is Steve Ballmer?
Steve Ballmer is one of the most famous entrepreneurs today who’s graduated from Harvard University in 1977 and currently the owner of the Los Angeles Clippers of the National Basketball Association (NBA).
He’s also one of the richest persons in the world having a net worth of over 71 billion dollars.
Here’s the famous quote by Steve Ballmer
The number one benefit of information technology is that it empowers people to do what they want to do. It lets people be creative. It lets people be productive. It lets people learn things they didn’t think they could learn before, and so in a sense, it is all about potential. – Steve Ballmer
What can you learn from Steve Ballmer?
Be brutally honest: When Satya Nadella, the current CEO of Microsoft asked Ballmer “What do you think? How am I doing?”, to which Ballmer said: “Look, you will know it, I will know it, and it will be in the air. So you don’t have to ask me, ‘How am I doing?’ At your level, it’s going to be fairly implicit.”
What can you learn from it? He was honest with Nadella and that honesty is what helped Ballmer to be the CEO of Microsoft for 14 long years.
If you want to make a change in your field, learn to be honest. Don’t compromise on anything and show character.
12. Mukesh Ambani
Mukesh Ambani is an Indian business mogul and billionaire entrepreneur having a net worth of over 74 billion dollars. During the pandemic Covid-19, Mukesh Ambani raised more than $20 billion selling 1/3rd of Jio to investors including Facebook and Google.
Who is Mukesh Ambani?
Mukesh Dhirubhai Ambani is the greatest businessman of all time who’s the chairman and managing director of Reliance Industries which is a Fortune Global 500 company.
His company Reliance Industries deals in various sectors including petrochemicals, oil and gas, telecom, and retail. Reliance was initially founded by his late father Dhirubhai Ambani in 1966.
Here’s the famous quote by Mukesh Ambani
A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.
What can you learn from Mukesh Ambani?
Disrupt the industry: Ambani disrupted the Indian telecom provider category by introducing Jio (which is now the #1 Indian telecommunications company). He introduced Jio by offering HUGE discounts on data and also provided unlimited calls to any network for free.
Due to this disruptive innovation, all the other competitors like Airtel, Vodafone started to lower their prices. Many Indian smartphone users are thankful to Ambani for this disruptive innovation of Jio.
If you want to reach millions of people in your industry, find ways to disrupt the market and pick a profitable niche. Find out how you can provide HUGE value at lower prices to reach massive people across the world.
13. Oprah Winfrey
Oprah Winfrey is an American talk show host called “The Oprah Winfrey Show”. She’s also a billion-dollar television producer, actress, author of several best-selling books including “What I Know For Sure”.
Who is Oprah Winfrey?
Oprah Winfrey is a billionaire philanthropist and an African-American woman who is best known for hosting “The Oprah Winfrey Show” and it was the #1 talk show for 24 consecutive seasons since 1986.
Here’s the famous quote by Oprah Winfrey
Be thankful for what you have; you’ll end up having more. If you concentrate on what you don’t have, you will never, ever have enough.
What can you learn from Oprah Winfrey?
Your personal brand matters a lot: Millions of people watch “The Oprah Winfrey Show” because of Oprah. She hustled from childhood and built a billion-dollar fortune from scratch.
She is also often described as the most influential woman in the world because of her charisma and personal brand.
If there’s one thing you can learn from Ophra, it is to build and grow your personal brand. Give 100% focus on growing your personal brand and you can build a huge business if people trust your brand.
14. Jack Dorsey
Jack Dorsey is the founder of the popular social media network Twitter which was launched in 2006.
Who is Jack Dorsey?
Jack Patrick Dorsey is an American entrepreneur who is the co-founder and CEO of Twitter with a net worth of over 12 billion dollars.
He’s also the founder and CEO of Square which is a financial payments company that’s used by millions of people to start, run, and grow their businesses.
Here’s the famous quote by Jack Dorsey
Everyone has an idea, but it’s really about executing the idea and attracting other people to help you with the idea.
What can you learn from Jack Dorsey?
Think about what the world uses everyday: Millions of people use Twitter every single day. From the US presidents to almost all the Hollywood actors, top politicians, world leaders – everyone uses Twitter.
Twitter is exceptionally easy to use. Jack knew what the world really wants as everyone has fewer attention spans so he created a micro-blogging network called Twitter where users can interact with others using “Tweets”.
If you want to become a successful entrepreneur like Jack Dorsey, be visionary and create something that everyone can use.
15. Raymond Thomas Dalio (Aka Ray Dalio)
Ray Dalio is a hedge fund manager and author of the best-selling book “The Principles: Life and Work”.
Who is Raymond Thomas Dalio?
Raymond Thomas Dalio (popularly known as Ray Dalio) is an American billionaire hedge fund manager and philanthropist who founded Bridgewater in 1975 and it is the world’s largest hedge fund.
Here’s the famous quote by Raymond Thomas Dalio
Imagine that in order to have a great life you have to cross a dangerous jungle. You can stay safe where you are and have an ordinary life, or you can risk crossing the jungle to have a terrific life. How would you approach that choice? Take a moment to think about it because it is the sort of choice that, in one form or another, we all have to make.
― Ray Dalio, from his book “Principles: Life and Work”
What can you learn from Raymond Thomas Dalio?
Teach everything you know: Ray Dalio is a billionaire and he shared all his secrets and strategies to build successful businesses in his book “Principles”. This book tells the story of Ray Dalio’s career and explains his approach to life using principles that affect everything he does.
If you’re an entrepreneur, you should definitely grab a copy of his book “Principles” and try to implement those principles in your life and business to succeed.
Once you’ve built a successful career, follow his path, and teach everything you learned along the way to success. It not only helps others to succeed but it gives you a sense of “fulfillment and satisfaction”.
16. Jack Ma
Jack Ma is one of the richest entrepreneurs in the world with a net worth of over $50 billion. Jack Ma founded Alibaba in 1999 which is China’s biggest eCommerce company that sells billions of dollars worth of products each month.
Who is Jack Ma?
Jack Ma was a former English teacher, Chinese business magnate, investor, and philanthropist who co-founded Alibaba Group which is now one of the world’s largest eCommerce businesses in the world.
Here’s the famous quote by Jack Ma
I know nothing about technology, I know nothing about marketing, I know nothing about (the legal) stuff. I only know about people. – Jack Ma
What can you learn from Jack Ma?
Get used to failure: Did you know that at KFC, 24 people applied for the job, while 23 were hired — he wasn’t one of them. Also, after finishing his graduation in college, Jack Ma applied for 30 jobs and he was rejected by everyone (including KFC).
Now, he’s worth more than 50 billion dollars. What can you learn from his story? Get used to failure. Don’t give up when someone rejects you (or your idea). Focus on your vision.
Most budding entrepreneurs often get discouraged when they don’t see much growth earlier in their careers. They quit even before they start. Get used to rejection and failure. Focus on long-term goals. That’s how you’ll succeed as an entrepreneur in the long run.
17. Shiv Nadar
Shiv Nadar is one of the few first-generation entrepreneurs who jumped into the IT sector and launched HCL in the mid-1970s. He’s also one of the richest entrepreneurs from India whose net worth is over 23 billion dollars.
Who is Shiv Nadar?
Shiv Nadar is the founder and chairman of HCL Technologies Limited and the Shiv Nadar Foundation. Over 153,000 professionals now work at HCL which is operating from 50 countries in the world.
Here’s the famous quote by Shiv Nadar
Adaptability and constant innovation is key to the survival of any company operating in a competitive market.
What can you learn from Shiv Nadar?
Bet on new and growing sectors: One of the major reasons Shiv Nadar is successful because he took a bet early on the IT (Information Technology) sector. He launched HCL technologies in 1976 that offers various IT solutions such as Digital, IoT, Cloud, Automation, Cybersecurity, Analytics, and more.
If you want to become a successful entrepreneur like Shiv Nadar, find new business opportunities that would grow exponentially after several years.
18. Adam D’Angelo
Adam D’Angelo is the co-founder and CEO of the world’s #1 Q & A platform Quora which he co-founded with Charlie Cheever in 2009.
Who is Adam D’Angelo?
Adam D’Angelo is an American internet entrepreneur and popularly known as the CEO of Quora. Before he founded Quora, he started his career at Facebook and he also served as a CTO (Chief Technology Officer) of Facebook.
Here’s the famous quote by Adam D’Angelo
Focus on the long term, and always do what’s right to grow the company and not make short-term decisions. And outlast everyone one. – Adam D’Angelo
Suggesting Reading: How to Increase Traffic from Quora to Your Website in 2021
What can you learn from Adam D’Angelo?
You don’t have to reinvent the wheel to succeed: Adam D’Angelo founded Quora and it’s a Q & A platform. Do you know what was the popular Q & A site before the launch of Quora? Yahoo Answers!
Yahoo Answers had no rules and people used to post garbage information. That’s when Adam decided to launch his own startup called Quora to make strict rules and provide a better platform where people can ask questions and get useful answers.
So what can you learn from his success story? You don’t have to reinvent the wheel or work on an entirely unique idea. Look around ideas and find the businesses that have huge potential in the future (but not performing well). Then, launch your business by making it 10x better.
19. Ratan Tata
Ratan Naval Tata is an Indian industrialist, philanthropist, and a former chairman of Tata Sons. He was also the recipient of Padma Bhushan, CNN-IBN Indian of the Year in Business, Padma Vibhushan, and more.
Who is Ratan Tata?
Ratan Tata is one of the most respected and successful entrepreneurs from India who completed his education at Cornell University and returned to India to join the Tata Group in 1961. In the year 1991, he became the chairman of the Tata Group which now operates in almost every country.
Here’s the famous quote by Ratan Tata
If a founder has passion and innovation, he needs to be supported. I am more intuitive than a numbers person, and I recognize that not all investments are going to be positive. Some may fail, and some may have problems for other reasons. That is life. – Ratan Tata
What can you learn from Ratan Tata?
Build a brand that’s trustworthy: Tata brand represents trust. In India, millions of people trust the brand “Tata”. From salt to cars to jewelry, Tata group handles a ton of products and people blindly trust the “Tata brand”.
Trust is priceless. Rata Tata knows that and he never compromises on breaking the trust as gives utmost importance to building trust.
Above all, Ratan Tata is humble as he is known for his humility. There are so many examples that show his humility as a person. Tata personally visited the families of the employees who were affected because of the 26/11 attacks in Mumbai.
20. Nithin Kamath
Nitin Kamath is an Indian entrepreneur, stockbroker, co-founder of the discount brokerage company called Zerodha.
Who is Nithin Kamath?
Nithin Kamath is the best entrepreneur from India who founded Zerodha in 2010 which is India’s leading discount brokerage company that is used by more than 4 million customers.
Nithin was named one of the “Top 10 Businessmen to Watch Out for in 2016 in India” by The Economic Times for bootstrapping and scaling discount broking in India.
Here’s the famous quote by Nithin Kamath
Do not chase money, let it float towards you
What can you learn from Nithin Kamath?
Start early and become an authority in your field: If there’s anything you can learn from Kamath, the founder of Zerodha, it is this: start early, get huge experience and dominate your industry.
Kamath worked nearly 20,000 hours in his field before he launched the Zerodha stockbroker platform. The #1 reason he succeeded was that he learned many things when compared to his competitors.
So if you want to be successful, don’t wait until everything gets right. Start small. Start when you’re in college (or start today even if you’re at the age of 50) and establish yourself as an authority to dominate the market.
FAQs | Top Entrepreneurs & How They Made It
Here’s a list of some of the interesting questions around the world’s famous entrepreneurs.
Suhas Gopinath is the world’s youngest CEO who became CEO at the age of just 17. He is an Indian entrepreneur and the founder, CEO of Globals Inc., which is a multinational IT company.
An entrepreneur is a “doer” who organizes and manages the risks of a business or enterprise. His ultimate motive is to start, scale, and successfully grow a business by minimizing the risks.
The general definition of entrepreneurship is the process of designing, launching and running a new business (and ultimately making profits from it in the long run) i.e. a startup or a small business offering a product, process or service to customers to make profits.
As of 2021, Elon Musk is now the richest person in the world as his net worth crossed $209.3 billion. Elon Musk surpassed Jeff Bezos who’s the founder of Amazon and his net worth is $186 billion.
Here are the top 5 Indian Entrepreneurs you should follow in 2021.
→ Nithin Kamath (Founder of Zerodha)
→ Ritesh Agarwal (Founder of Oyo)
→ Mukesh Ambani (Founder of Reliance Industries)
→ Ratan Tata (Chairman of Tata Group)
→ Shiv Nadar (Founder and chairman of HCL Technologies Limited)
It’s true that the majority of entrepreneurs fail to build successful businesses. The main reason for their failure is “lack of vision”. If you want to succeed as an entrepreneur, have a 100-year long vision, be helpful, and network with the right people.
There are actually no rules and guidelines on how you can become a successful entrepreneur. In fact, what worked well for someone else might not work at all for you. So instead of looking for shortcuts, follow these things to be successful.
Work super hard: Look at any successful entrepreneur and you’ll notice one thing in common in all of them: they work extremely hard. In fact, people like Elon Musk works 100 hour weeks (16 to 18 hours a day) despite being a billionaire. Working hard is what gives them enough pump to change the lives of others.
Take risks: No one succeeds from their comfort zones. If you want to become a famous entrepreneur, be willing to take risks. From Jeff Bezos to Mark Zuck to Elon Musk, everyone succeeded because they took risks and came out of their comfort zones.
Be consistent: It doesn’t matter what industry you are in, if you want to be a successful entrepreneur, make sure to be consistent. That’s the only way to succeed as it takes to a lot of years to succeed as an entrepreneur as they say “behind every successful man there’s a lot of unsuccessful years.”
Are you wondering about what qualities make a successful entrepreneur? Here are few of the skills and attributes you need to develop to be able to succeed as an entrepreneur in 2021 and beyond.
→ Improve your communication skills (including negotiation skills)
→ Open minded
→ Working with the right people
→ Inspiring others to work hard
→ Highly competitive
An entrepreneur is someone who sets up a business (mostly starting from scratch) taking on financial risks in the hope of profits. An industrialist is someone who takes already the existing business (which is making profits) to the next level.
The best example for an entrepreneur includes Jeff Bezos from Amazon. Amazon is his own business which he started from scratch and making billions of dollars in profits every single year from it.
The best example for an industrialist includes Mukesh Ambani from Reliance Industries which is a Fortune Global 500 company and India’s most valuable company by its market value which was originally founded by his founder Dhirubhai Ambani.
What are some of the best entrepreneurship quotes?
Are you looking for the best quotes to motivate yourself? Here are some of the best quotes:
Don’t get distracted. Never tell yourself that you need to be the biggest brand in the whole world. Start by working on what you need at the present moment and then what you need to do tomorrow. So, set yourself manageable targets. ― Jas Bagniewski, Co-Founder of Eve Sleep
When you are building a startup, it’s difficult. Particularly, a startup that is expanding at the rate of Tinder. You have to give 100%, and you have to be committed. Solving the problem has to be personal or else you’re going to disintegrate. ― Sean Rad, Co-founder of Tinder, Inc.
Starting a company extracts so much energy and conviction that not having a clear-cut goal and meaningful mission can hamper your success. This is why, at Virta, our mission was clearly defined: reverse early type-2 diabetes in 100 million people by 2025. ― Sami Inkinen, Co-founder of Virtua Health
My advice is to focus on the importance of forging a long-term relationship, whether with colleagues, partners, or customers. It is often easy to get caught up in short-term decisions. ― Sheila Lirio Marcelo, Founder of Care.com
Start as small as you can. When I started SkinnyMe Tea, I had $24 in the bank, and I was entirely self-funded. If you are not embarrassed by the first version of your product; you’ve launched too late. ― Gretta Rose van Riel, Founder of Key Influencers
Entrepreneurship is all about taking risks, being bold, working extremely hard and building great products that people actually use. It doesn’t matter what field you are in, if you want to be a successful entrepreneur, learn from others who are already doing well.
Hope you’ve enjoyed this article on famous entrepreneurs to follow in 2021. If you like this post, please share it with others and let us know if you’ve any questions in the comments below.