Azim Premji's founder of Wipro- 6 mantras of Success for Entrepreneurs!
Azim Premji, India's fourth richest man, is credited with broadening Wipro, which began as a maker of vegetable and refined oils in Amalner, Maharashtra's district Jalgaon. The 69-year-old business magnate assumed command at the tender age of 21 and has since shared many of the lessons he learned throughout his career with India's youth.
Without the pursuit of perfection, it's impossible to establish a juggernaut the size of Wipro, which is today valued at $19.4 billion. Premji is a demanding boss who demands the best from his leaders and employees, as well as himself. Certain characteristics, he feels, are essential in personnel aspiring to the greatest levels of quality and achievement. Self-assurance is one of them.
Azim Premji Biography
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Azim Premji Early Life
Azim Premji was born in Bombay in a Gujrati Muslim Family. He got his business mindset from his father, who was also a successful businessman and was often called the Rice King of Burma. The founding father of Pakistan, “ Muhammed Ali Jinnah” invited his father Muhammed Hashem Premji to Pakistan, but he declined his offer, and as an Indian, I am very thankful to God that he did.
Premji opted for a Bachelor Of Science in Electrical Engineering degree from Stanford University. He is married to Mrs. Yasmeen Premji, and the couple has two children together, Rashid and Tariq. Currently, Rishad Premji is the chief strategy officer of the IT business in his father’s company, Wipro.
Azim Premji Success Story
In 1945, Muhammed Hashim Premji established Western Indian products Ltd. It manufactured cooking oil under the brand name Sunflower Vanaspati and soap called 787. In 1966, after the death of his father, Azim Premji returned from Stanford University and took charge of Wipro. Back then: Wipro dealt in Hydrogenated oil, but Azim Premji later diversified the company to toiletries, bakery fats, lighting products, hydraulic cylinders, baby toiletries, and hair care. In the 1980s, Premji recognized the bright future of the IT sector and took advantage of the gaps in the IT sector, and entered the technology sector by manufacturing minicomputers with the help of an American company Sentinel Computer Corporation, and the rest is history.
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