How Vinod Gupta Established A $680 Million Business

Vinod Gupta was born and raised in a poor village in India in 1946. He moved to the United States and is a graduate of the University of Nebraska. His professional career began as a marketing research analyst for a mobile home manufacturer, Commodore Corporation. He was given the task of creating a list of every mobile home dealer in America. This led to him building a company that would eventually be worth $680 million.

After he created this listing of mobile home retailers he sold it to companies who could use it to create direct mail marketing. He started to receive many orders which led Vinod Gupta to realize that there as a big demand for this type of listing in different industries, not just mobile homes.

 

From this idea American Business Information was founded by Vinod Gupta. His company created many more listing similar to this and also acquired other companies. He says he perfected the concept of direct mail marketing which helped many companies grow through the use of his services over the years.

 

Vinod Gupta sold this company in 2008, where Gupta had been the Chairman and Chief Operating Officer and Co-Founder of Everest Group LLC in that same year. He is the chairman of this firm which offers private equity services, consulting services, and venture capital for startups.

 

Vinod Gupta says that nowadays he no longer manages the day-to-day operations of his company. Instead, Vinod Gupta focuses on long-term planning and how to grow his company. He says that too many people focus on short-term results rather than long-term ones which is a shortsighted approach. He says he finds he is more productive not working on the operational side of Everest Group and instead leaves that to the hands of the management team he built and trusts to do a good job. Refer to This Article for additional information.

 

The trend that most excited Vinod Gupta is artificial intelligence. He says that the rise of AI has led to his decision-making database being much more efficient as it works in an automated manner. Vinod Gupta is interested in location-based applications which can be used to do targeted and relevant advertising to consumers.

 

Gupta also likes to give back to the community. He established the Ben Gupta Endowed Fund for International Legal Education. This was named after his son. This scholarship helps students in developing countries to get degrees in JD or LLM as well as those that want to go to law school. Read more about Vinod Gupta on Chicago Evening Post: Law School At IIT Kharagpur, Established By Vinod Gupta, Rated Number One In Research And Number Four Overall In India