Vinod Gupta Capitalized On A Niche And It Payed Off

 

Vinod Gupta, of Everest Group started out in the business world by filling a niche in business-to-business marketing. Shortly after earning his MBA Gupta was working for a mobile home manufacturing company where he was asked to create a database of potential clients. Realizing other businesses would benefit from such a resource, he created the database and began marketing it to vendors in the industry.

Vinod Gupta’s initiative and just a $100 loan from the bank launched his first venture, which was aptly named American Business Information. After a lot of growth and rebranding to reflect the scale of the company, Gupta’s $100 investment was sold as InfoGROUP for $680 million in 2010.

Today Vinod Gupta is still using his ingenuity, with his venture capital firm Everest Group, to grow struggling businesses in the database technology industry. Infusing these businesses with capital to advance their technology or to restructure operations allows them to flourish.

Interestingly, Gupta still uses direct mail marketing and finds it to be a useful tool, despite expertise in modern technology as applied to marketing. Gupta encourages young entrepreneurs to balance risk and reward. He suggests hard work, a smaller investment and thinking about long term profits before launching a business idea.

Outside of supporting the technology industry through Everest Group, Gupta has donated millions of dollars towards causes that are important to him. Because he credits his education at the Indian Institute of Technology and the University of Nebraska for his success, he primarily contributes to institutes of higher learning.

Gupta has contributed over $5 million in India alone, creating a school management at his alma mater, a polytechnic school for woman in his home village and an Intellectual Property Law School. Gupta has also donated here in the US, establishing curriculum for business management at University of Nebraska as well as a science and engineering scholarship for minority students. Go To This Page for related information.

 

See also: https://ideamensch.com/vinod-gupta/

 

 

Vinod Gupta Has Decades Of Experience To Offer New Entrepreneurs

 

Vinod “Vin” Gupta has more than four decades of experience working as an entrepreneur and businessman. These days, Vinod is working for a rather small investment firm and sharing his financial expertise to both individuals and corporations abroad.

Vin was born in India in 1946 in the small village of Rampur. It was quite the journey for Vinod to get into a quality education, but in 1962, he graduated from Indias I.I.T Kharagpur with a degree in agricultural engineering. Following his education in India, Vinod made a permanent move to the United States and began studying at the University of Nebraska to earn his master’s degree. Vin Gupta eventually earned his degree in business management as well as engineering. Refer to This Article for related information.

Following the completing of his academic career, Vin found employment at Commodore Corporation, which is located in Omaha. Vinod only worked at this company for a short duration, because he ended up coming up with his own idea for a company and ran with it. This company would later be known as InfoUSA, a database and marketing company with hundreds of millions of customers around the world. Vin Gupta founded this company and ran it as the CEO for more than forty years before selling it in 2010 for 680 million dollars.

Vin currently works for Everest Group, a firm that is focused on investing and consulting. As the managing director, Vinod is managing the financial and legal departments of Everest Group.

Vin is an advocate for entrepreneurs everywhere, offering up his own personal insight and “Business Lessons” to help others get started. One of Vinod’s biggest piece of advice for the entrepreneurs out there is to run with their ideas rather than sitting on them. The world of business needs more unique ideas and people aiming to make the world better as a result.

 

Additional reference on https://interview.net/vinod-gupta/