The Indian-born business leader, Vinod Gupta is living the dream of many employees who wish their work would turn into the foundations of a new company. After completing his initial studies at the Indian Institutes of Technology, Gupta was told to compile a marketing list for his mobile home component manufacturer employer. The University of Nebraska at Lincoln graduate spent his free time working on creating a list which had never been attempted before and took it to the open market when complete.
Over the course of 20 years, Vinod Gupta created InfoUSA and saw its value rise to more than $500 million by the early 90s. The company continues to be a success for Gupta, but the founder has seen his priorities change as he has grown older. As he has taken a less front seat role in the development of InfoUSA, Vinod Gupta has moved to the front of a series of philanthropic causes such as the education programs remaining close to his heart. Go Here to learn more.
Among the projects closest to the heart of Vinod Gupta is that of the school of management named after the investment specialist at the Everest Group. The Vinod Gupta School of Management received $2 million from the founder to establish the only higher education institution of its kind on the Indian Subcontinent.
The school at the Indian Institute of technologies is just one of those benefitting from the good works of Vinod who has also aided the establishment of the Ram Rati Gupta Polytechnic which advocates to Women’s Education by specializing in business courses for females. Education is obviously one of the key aspects of the work of Vinod Gupta as he has provided funding to build schools across many impoverished parts of India.
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Vinod Gupta is a successful business person. Gupta has done a lot in business and philanthropy. Although he has scored very well in business, he is trying to make a bigger change through philanthropy. He is supporting the operations of other people. He has already succeeded, and the only thing he feels he should be doing now is to light the candle for others. He is doing this by supporting struggling businesses and startups to become better businesses. He has amassed knowledge from the decades he has been running his database company. He knows how to make a business successful. Everest Group is a venture capital firm that he is working with to accomplish the mission of mentoring other entrepreneurs who are struggling and who are in undervalues sectors.
Away from business, Vinod Gupta is showing great character as a successful person. He is supporting the development of education centers in India. One of the things he has done is to donate $1 million to a village polytechnic in the area he was born. The village polytechnic gives access to Women’s Education and since it was built. It has helped many women to earn postgraduate degrees. The aim of the initiative I to help women learn about technology and become independent financially. Most of the courses offered in this institution are aimed at equipping women with knowledge about technology.
Apart from this institution, he has gone to his Alma mater, the IIT, where he has established tow schools. There is the Vinod Gupta School of Business School of Management and a law school aimed at protection of intellectual property. All the efforts Vinod Gupta is showing towards education are aimed at supporting the underprivileged. He was in the same situation when he was growing up, and now he wants to change the story for hundreds of young people who are in the same situation.
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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
Mr. Vinod Gupta was born in New Delhi. The city was Rampur Manhyaran, close by Saharanpur. His hometown had no running water, limited food, no electricity, no running toilets. He worked as an Airforce pilot later in 1967. He quit that but also maintained the title as Squadron leader in the 14th Squadron.
Later on, Vinod Gupta came to Nebraska to finish his schooling after he received his Bachelor’s Degree in Technology in Kharagpur IIT, as well as Agricultural Engineering. His mentor was Professor Bill Splinter. When he came to America he had very little money and resources, but he made it. Earned his Master’s Degree by spending two years at the Nebraska Lincoln. The major was business administration. Read more about Vinod Gupta on Forbes’ 2018 “World’s Billionaires” list includes Vinod and Anil Rai Gupta.
At Commodore Corporation he began finding good work as a marketing research analyst, for mobile homes and manufacturing plants. While working there, Vinod Gupta had to evaluate and look at the different things that competitive companies were also doing. By the time he received the info though it became obsolete and he felt like he could be doing something better with his time.
Later on, he bought every single Yellow Page known to man to compile a list of phone directories. He invested $100 that he borrowed from the local Nebraska Bank, and no time he received 5 figure checks every month. This is where his career has taken off. Before the internet became a largely used source he founded Business Research Services in American Business. He started out with just two employees in the best sales prospects. After his business spread like wildfire, it grew quickly. View More Information Here.
The first focus groups were motorcycle, bicycle, boat, automobile, tractor and CB radio dealers. He found that going for business-to-business marketing was the most accurate for the demands in the market. All the different ways to do it were just limitless.