Motivational stories do inspire. They give us reason to believe and see dreams. Here we are sharing 15 Motivational stories of rich and famous people of the world.
1) Bill Gates: Award or Penalty in his family
You will be surprised to know that during childhood days of Bill Gates, there was award or penalty on winning or losing in Bill Gates family. The family encouraged competition; it didn’t matter whether it was hearts or pickleball or swimming to the dock … there was always a reward for winning and there was always a penalty for losing. This was a way to motivate and encourage the kids and to keep them in the competition mode.
2) Warren Buffett: He started taking interest in business at a very young age
Buffett displayed an interest in business and investing at a young age. Much of Buffett’s early childhood years were enlivened with entrepreneurial ventures. One of his first business ventures, Buffett sold chewing gum, Coca-Cola bottles, or weekly magazines door to door. He worked in his grandfather’s grocery store. While still in high school, he made money delivering newspapers, selling golf balls and stamps, and detailing cars, among other means.
On his first income tax return, Buffett took a $35 deduction for the use of his bicycle and watch on his paper route. As a high school sophomore, Buffett and a friend spent $25 to purchase a used pinball machine, which they placed in the local barber shop. Within months, they owned several machines in three different barber shops across Omaha. The business was sold later in the year for $1,200 to a war veteran.
3) Mark Zuckerberg: Some kids played computer games, he created them
According to writer Jose Antonio Vargas, “some kids played computer games. Mark created them.” Zuckerberg himself recalls this period: “I had a bunch of friends who were artists. They’d come over, draw stuff, and I’d build a game out of it.”
During Zuckerberg’s high school years, under the company name Intelligent Media Group, he built a music player called the Synapse Media Player that used machine learning to learn the user’s listening habits, which was posted to Slashdot and received a rating of 3 out of 5 from PC Magazine.
4) Dhirubhai Ambani: The Polyester Prince
Dhirubhai Ambani returned from Yemen to India and started “Majin” in partnership with Champaklal Damani, his second cousin, who lived with him in Turkey . Majin was to import polyester yarn and export spices to Yemen. The first office of the Reliance Commercial Corporation was set up at the Narsinatha Street in Masjid Bunder.
It was a 350 sq ft (33 m2) room with a telephone, one table and three chairs. Initially, they had two assistants to help them with their business. During this period, Ambani and his family stayed in a two-bedroom apartment at the Jai Hind Estate in Bhuleshwar, Mumbai. In 1965, Champaklal Damani and Dhirubhai Ambani ended their partnership and Ambani started on his own. It is believed that both had different temperaments and a different take on how to conduct business. While Damani was a cautious trader and did not believe in building yarn inventories, Ambani was a known risk-taker and believed in building inventories to increase profit.
Extensive marketing of the brand in the interiors of India made it a household name. Franchise retail outlets were started and they used to sell “only Vimal” brand of textiles. In the year 1975, a Technical team from the World Bank visited the Reliance Textiles’ Manufacturing unit.
5) Jack Ma: Master of Rejections
Now he is Founder and Executive Chairman of Alibaba Group. But once he wasn’t lucky to get any job.
After graduation, Ma applied for 30 different jobs and got rejected by all.” I went for a job with the police; they said, ‘you’re no good,'” Mr. Ma told interviewer Charlie Rose. “I even went to KFC when it came to my city. Twenty-four people went for the job. Twenty-three were accepted. I was the only guy …”. In addition he applied 10 times for Harvard and got rejected. Later he founded Alibaba which has become a famous global IT company.
6) Sir Martin Sorrell – Expert in Business Acquisitions
In 1985, Sorrell privately invested in Wire and Plastic Products, a British wire shopping basket manufacturer, and joined it full-time as Chief Executive in 1986. He began to acquire “below-the-line” advertising-related companies, purchasing 18 in three years, including in 1987 when he stunned the agency world with a $566 million hostile takeover of J. Walter Thompson. Sorrell followed this in 1989 with another dramatic hostile $825 million buy of Ogilvy and Mather. Since 2000, WPP has also acquired two more integrated, global agency networks, Young & Rubicam Brands and Grey.
WPP has become one of the world’s leading communications services and advertising companies valued by the UK stockmarket at £5 billion. With billings of £37 billion and revenues of £7.5 billion, WPP’s operating companies provide national, multi-national and global clients with advertising, media investment management, information and consultancy, public relations and public affairs, branding and identity, healthcare communications, direct, digital, promotion and relationship marketing, and specialist communications services.
WPP employs 140,000 people in 2,400 offices in 107 countries. He owns a substantial stake in the company through a series of pay awards and his own purchases of shares. Until recently he had never before sold shares in the company; his shares are worth around £70 million.
7) N. R. Narayana Murthy: Built Multi-Billion Dollars Company with just Rs. 10,000
Murthy and six software professionals founded Infosys in 1981 with an initial capital injection of Rs 10,000, which was provided by his wife Sudha Murthy. Murthy served as the CEO of Infosys for 21 years from 1981 to 2002. At Infosys he articulated, designed and implemented the Global Delivery Model for IT services outsourcing from India. He was chairman of the board from 2002 to 2006, after which he became Chairman of the board and Chief Mentor. In August 2011, he retired from the company.
8) Steve Jobs: Memorable school time
As Jobs had difficulty functioning in a traditional classroom and tended to resist authority figures, he frequently misbehaved and was suspended a few times. As Clara had taught him to read as a toddler, Jobs stated that he was “pretty bored in school and [had] turned into a little terror… you should have seen us in the third grade, we basically destroyed the teacher.” At Monta Loma Elementary school in Mountain View, he frequently played pranks on others.
Jobs would later credit his fourth grade teacher, Imogene ‘Teddy’ Hill with turning him around: “She taught an advanced fourth grade class and it took her about a month to get hip to my situation. She bribed me into learning. She would say, ‘I really want you to finish this workbook. I’ll give you five bucks if you finish it.’ That really kindled a passion in me for learning things! I learned more that year than I think I learned in any other year in school.
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