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Successful And Struggler Intrepreney: N. R. Narayana Mururty

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Case study on Successful and struggler entrepreneur.

N.R. Narayana Murthy Introduction:
1. N.R. Narayan Murthi was humble. He was clever. He was the brightest boy in the class. His seniors would ask him to solve their problems in Science. He was a man of honour. Wipro saw its success because of his contribution to the goals and objectives of the company. He had strong faith and beliefs. Its rightly said that faith can move mountains. He was always concerned for the betterment of the company. He had clear and definitive goals. He was with a purpose that his shareholders should get maximum returns with minimum investment. He drove the wheels of the company. Although he was from a poor …show more content…

When he realised that his first venture wasnt taking off, he moved on.Think Big. Dont Hesitate to Start SmallIn 1981, a determined Murthy started Infosys with Rs 10,000 he borrowed from his wife. In fewyears, Infosys went on to become one of the largest wealth creators in the country.Cut Yourself a Slice, Not a Large One AlwaysWhen Infosys was set up, Murthy took a pay cut while salaries of other co-founders wereincreased by 10 percent. According to Murthy, a leader needs to show his or her sacrifice andcommitment.Lend a Hand and Throw in a Foot Too After Murthy convinced seven of his colleagues, there was a problem. Nandans future in laws were not sure about him. Murthy met Nandans uncle and convinced him.Own Up, and Then Clean UpIn the 80s Infosys developed an application for a German client. Murthy noticed a singlecharacter error and informed the client immediately.Trust in God, But Verify with Data In God we trust, the rest must come with data, is perhaps Murthys favourite statement. Murthy has achieved many awards for his commendable contribution towards the company so he was also a recipient of padma bhushan award by the government of india.one should always be an inspiring figure like him so he a man of honour. Even he had different style of approach to problems. He was very practical in approach. He had a strong business sense and he maintained his relationships with all his stakeholders.

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