Vinod Gupta became a millionaire over the course of his career building a company from complete scratch and turning it into a multinational company. But what he really wanted to do was give the money he made back to those in his native country of India, and even setup new academic programs in US universities.
He’s given millions of dollars both to public and privately owned non-profits over the years and has received awards and commendations from former President Bill Clinton. But it was Vinod Gupta’s journey to success that has been an inspiration to many people.
Vinod Gupta grew up in a remote village known as Rampur Miniharan without any electricity or modern conveniences, and his family had very little money. Gupta was gifted academically and graduated with a degree in agricultural engineering from the Indian Institute of Technology, and then with only the clothes on his back and $50 in his pocket he traveled to Lincoln, NE where he attended grad school at the University of Nebraska.
It was after finishing this program and working part time as a sales agent for Commodore Corporation that he first got his business idea. He had to gather up client information using yellow page phone books from every state in order to find new clients to market mobile homes to, and as he began putting lists together, he got the idea to compile this information to sell to others. View Additional Info Here
With only $100 that he borrowed; Vinod Gupta bought mailers for his new business contact information lists which he first sold for $9,000. He started selling more of these lists and soon he had his own company formed which he first named American Business Lists. It eventually became a full database company that began supplying business to business sales lead information, and as it grew Gupta changed the name to InfoGROUP. As the company grew, Gupta began hiring people from all different backgrounds and even in poorer communities, and it was this move that earned InfoGROUP recognition as a huge difference maker in the community.
The charities that Gupta has given to started with the Ram Rati Gupta Polytechnic school that was started in his own native village. He also founded the Vinod Gupta School of Management and the Rajiv Gandhi School of Intellectual Property Law at IIT. He also helped start the Benjamin Kane Gupta Fellows Program at George Washington University that was a part of the US State Department that is influential in foreign policy shaping.
In an article entitled, “Vinod Gupta Shares Advice on How To Be Successful in the Modern World”, Gupta shares his advice to aspiring businessmen and entrepreneurs who wanted to succeed in the world of business like himself.
Visit his channel on https://youtu.be/C5UsdQbVeSw
Born in India, Vinod Gupta traveled to the United States after earning a bachelor’s degree in agricultural engineering at the Indian Institutes of Technology. The reason for this trip was to earn a master’s degree in this subject, something that wasn’t possible in India. After graduating from the University of Nebraska he stayed in the U.S. because he saw a lot of business opportunities.
Not long after graduating, he founded Business Research Services. This company created national directories of retailers that product manufacturers could use to get their products in more stores. This was in the 1970s and so this kind of information was unique and highly valuable. He transitioned his company, now called Infogroup, into an online company with the internet gaining a wide audience in the late 1990s.
He sold his interest in this company and stepped down from his positions in July 2010. He had made hundreds of millions from InfoGroup. Vinod Gupta used a portion of this money to found The Everest Group, a company where he acquires and invests in other businesses through. This is a family-run operation with his two sons working as executives. Refer to This Article for additional information.
Vinod is a big believer in giving back to others. His cause is that of education. Education is the underpinning of his success and he wants to provide this gift to others. He has given the University of Nebraska and the Indian Institutes of Technology large sums of money to carry on their work.
Vinod Gupta had a business school built in India named the Vinod Gupta School of Management. Students earn MBAs here and it is one of India’s top business schools.
Gupta developed a unique structure where non-traditional students can do well and quickly earn their degrees. Students from all backgrounds and ages are welcome at this school.
Visit his channel on https://www.youtube.com/watch?v=_e-UzAJFxHU
Vinod Gupta is a successful businessman and entrepreneur who has experienced firsthand the power of education. Gupta’s achievements as a marketing innovator were based upon the solid foundation of educational opportunity. He has thrived in his career and wishes to open the door of opportunity to many others around the world with education based philanthropic endeavors.
India was the place of Vinod Gupta’s birth and it’s also where his parents taught him the power of hard work and education. These guiding principles have helped propel Vinod Gupta forward. His time spent at the Indian Institutes of Technology saw him study Agricultural Engineering after which he emigrated to the United States to further his education. He earned two degrees from the University of Nebraska.
Philanthropy is a passion for Vinod Gupta, and he has participated in efforts around the world. One notable example is in India and his hometown known as Rampur Maniharan. He has contributed one million dollars to help create a school called Ram Rati Gupta Polytechnic School. This school is unique as it gives an opportunity for women to obtain advanced education. Many of these programs are technical in nature which gives them new career options.
The business career that Vinod Gupta fashioned has been characterized by innovation. He founded a company on a shoestring budget that changed the face of business in America. American Business Information was driven by his ingenuity and recognition of a void in the marketplace. They provide specialized databases for business to business transactions. A good example is the one he initially created which was a list of mobile home dealers.
Currently, he is the head of Everest Group which is an investment firm specializing in underperforming entities. They also work with database technology startups.
The power of education is a recurring theme in the life of Vinod Gupta as he is committed to helping provide underprivileged individuals a chance for success via the route of higher education. His experience with poverty as a child growing up makes him appreciate the open doors that he’s walked through all the more. He wants to see many thousands more enjoy successful, fulfilling lives as well. Read This Article for additional information.
Additional reference: https://phy.princeton.edu/people/vinod-gupta