This is a very powerful picture of 3 different people together -
1. One of the finest entrepreneur
2. One of the finest businessman
3. A Failed Businessman (Not a failed Individual)
Dhirubhai created Reliance from scratch and also in the time when policies did not favor new businesses and new people due to license Raj. Anil and Mukesh inherited a large empire around 2005/2006. Anil was richer than Mukesh at the time of split. In 2007, Anil had 45 Billion USD and Mukesh had 49 Billion USD.
Fast forward 13 years -Mukesh is 5th richest person in the world with 80 Billion of net worth and Anil Ambani is bankrupt with zero/ negative net worth.
Mukesh's growth is astonishing and a very proud story for all of the Indians. Anil's failure story is also astonishing on how you can fail royally. It will be amazing to see if Anil Ambani rises from ashes now.
What I learnt reading about them - defining a vision, having perseverance and right people by your side are important ingredient of success. Knowing your ability and being confident about it matters too. Lot of business people define strategy but only a few are executing in the right way. Let us not repeat same mistakes and learn from others mistake. I am not discounting luck as well. !!
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