It’s hard to find a more humbling story than Vinod Gupta’s, a man that was born in India during the 1940’s without any kind of quality of life. Despite this difficulty, Vinod was a determined individual and found his way into college and over to the United States to follow his dreams. Vinod went to the University of Nebraska and after graduation, he found a position at Commodore Corp as an analyst.
By 1972, Vinod Gupta managed to start up his own company which was known as Business Research Services. This company operated by creating lists for a variety of different companies throughout the region based on their desired criteria. This most commonly consisted of compiling lists of service providers in different industries. By 1994, Vinod’s company had an annual revenue of more than 70 million dollars. What’s even more impressive about this accomplishment is that Vinod started off his business with a tiny 100 dollar loan from the bank.
After 1994, Vinod’s company was able to become a public company and was rebranded as InfoUSA. As the company continued to expand throughout the US and Canada, it became one of the leading companies in their market and was highly trusted for their accurate information. Read This Article for additional information.
In 2010, Vinod was able to sell off his company after more than 40 years of growing. With only a 100 dollar investment, Vinod was able to sell off his company for a 680 million dollar profit.
Vinod Gupta has remained humble throughout his entire career and he regularly donates to worthwhile causes. A good example is his first college, I.I.T Kharagpur, which received a 2 million dollar donation from Gupta to help improve their programs for students around the country. Over the years, Vinod has donated more than 50 million dollars to education programs throughout India, especially Women’s Education.
Visit Gupta on https://www.crunchbase.com/person/vinod-gupta-1a55
As the founder of a multi-million dollar company and a partner of several educational philanthropic groups, Vinod Vinod Gupta became quite respected and loved in various communities. What he did with his company, InfoUSA was not just change how marketing research and lead building was done, but he also made it a place where less fortunate individuals could get jobs and have a chance to launch their careers. Much of Gupta’s own salary was given to starting schools and scholarships for college students, and he sought to bring business leadership and entrepreneurial ideas back to where he grew up in India.
Vinod Gupta knew quite well what it was like to not have much when he grew up in a small village with no power, running water or any modern conveniences. But Vinod Gupta made the most of every opportunity he was given to do well in work and education from graduating high school, to attending the Indian Institute of Technology and later grad school at the University of Nebraska. The first time he really found his entrepreneur side was when he was working for a mobile home manufacturer in Omaha, and his job was to find sales clients through business contact lists. But Gupta realized the lists available were out of date, so he decided to compile his own lists through yellow page phone books. See Related Link for additional information.
Vinod Gupta built a large list of national mobile home dealers, and when the mobile home manufacturer company decided not to buy it, they allowed him to sell it to their competitors. He soon realized he could build his own company that would specialize in this kind of information gathering and database building, and with the help of some of his co-workers, he did just that. He then founded the Business Research Services and American Business Lists (ABI), which helped businesses obtain information on prospective clients.
Gupta’s company was basically started with just $100 in mailers, but then grew into a whole office operation and bought several other data research companies. After more than 40 years of running it, Vinod Gupta sold it, but he still invests in tech startup companies today and has also been an advisor to former President Bill Clinton and his administration.
More about Gupta on http://vinodguptainvestments.com