For those of you who have read my previous blog a commonly held view is that, entrepreneurship is the process of setting up your own business or project, today we can see many people who have chosen to take this path and have emerged very successful. For example,
Mahesh Gupta Chairman Kent RO Systems
A mechanical engineer started in 1985, from a small room in his house with just 20,000 rupees which he had saved from his job with IOCL (Indian Oil), his first invention was in the field of petroleum conservation instruments where he earned fame and half a dozen patents to his credit.
After jaundice gripped his son in a posh colony of South Delhi. Knowing that jaundice can be a water-borne disease, Gupta researched and analyzed all the available water purifier in the market.
He was dissatisfied with available options and decided to make a better-quality purifier. After several trails, he made his own water purifier and became confident that is product is good enough to be marketed. “Coming from an engineering background, making my own water purifier was not difficult task; all I needed to do was export the components”.
The experiment turned into success. …” I thought to bring it out in commercially in the market. I started from scratch with an investment of about 1 lakh and a four-member team”. In 1998 he established KENT RO SYSTEMS (https://www.kent.co.in). RO stands for reverse osmosis, which is an important part of making water safe to drink.
Today Kent has grown 40% market share in RO water purifiers and has turnover 580 crore and 2,500 employees. From the above we can clearly understand that know special experience training or skills is required to become a successful entrepreneur but only willpower to make a difference and the self-confidence.