Vinod Gupta’s Rise From A Humble Background To A Multi-Millionaire
Vinod Gupta was born and brought up in a small village in India. He went to a school that was almost a hundred miles from New Delhi. His humble background taught him that the only way he could get what he wanted was through hard work. Regardless of his background, Vinod Gupta was able to make it to the Indian Institute of Technology thanks to his academic prowess.
At the institute, he majored his studies in the field of Agricultural Engineering. Yet again, Vinod Gupta’s hard work got him a scholarship to study for his Master’s degree in Agricultural Engineering in the United States. At the University of Nebraska, Vinod Gupta took an extra course in Business.
After he completed his studies Vinod Gupta got employed at a mobile home manufacturing company called Commodore Corporation. Here Vinod was a research analyst for the marketing department. Part of his work was to get a list of all mobile home dealers in the United States and sell their products to them.
Doing this was not easy, so he ended up getting a phone book and making a comprehensive list from it. With such a long list, he came up with the idea of his first company that would help him reach out to each one in the list. See Related Link for additional information.
Vinod Gupta’s Marketing Mailers
Vinod Gupta got a loan from a local financial institution with which he stared Marketing Mailers and used its database to send a message to everyone on his list. The database was quite successful, and this was the beginning of a bright career for Vinod.
So in the year 1972, Vinod Gupta made a business out of his idea and founded a database company called American Business Information. This company employed the use of the marketing mailers database to help companies grow their reach. In two decades, the company was worth half a billion dollars under his leadership. He eventually sold it for more than 680 million dollars in the year 2010.
Vinod Gupta is the current managing general partner at the Everest Group. Everest Group is a boutique investment firm that buys company shares for the purpose of growth stimulation