Vinod Gupta was able to create his first company because of his ability to recognize a gap in the database industry that needed to be filled. His marketing prowess allowed him to reach new customers at a startling rate, and it wasn’t very long before he had a multi-million dollar company on his hands. Today, Gupta turns his ideas into realities by conducting market testing. He has found that many businessmen are overconfident in their ideas. Instead of doing extensive market testing, they don’t worry about it a whole lot. They later pay for this when their product or service becomes obsolete.
Vinod Gupta has taken note of the growth of artificial intelligence and is planning on using it in his own business soon. He feels this will open up many possibilities with applications that are location-based.
Gupta doesn’t like to grow stagnate and is always looking forward to the next new idea. He has been thinking about expanding existing databases and is hoping to help people increase their productivity through some of the products his company offers.
As a smart businessman who has made millions of dollars, he suggests that entrepreneurs should understand the risks of investing their money in sizeable ventures before doing so. Vinod Gupta earned his bachelor’s degree in engineering while attending I.I.T., Kharagpur, which is located in his home country of India.
He was raised in the poor village of Rampur Maniharan and had no access to running water or electricity while growing up. Gupta later traveled to the USA and received his master’s degree in business administration from the University of Nebraska at Lincoln. His first job in the U.S. was with the Commodore Corporation, which was a mobile home manufacturer. While working there, he started up his own company and later sold that company for millions of dollars.
Vinod Gupta’s: Youtube.