Tag: Kiran Mazumdar Shaw

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Motivational

5 Quotes By Kiran Mazumdar Shaw That Show Why Entrepreneurship Is More Than Just A Career

5 Quotes By Kiran Mazumdar Shaw
5 Quotes By Kiran Mazumdar Shaw

Kiran Mazumdar Shaw needs no introduction. The Chairman and Managing Director of Biocon Ltd, she is one of India’s most influential and successful female icons.

In 1978, Kiran Mazumdar Shaw joined Biocon Biochemicals Limited, Ireland as a trainee manager. Soon after joining them, she opened a branch in India in the same year. With an initial investment of INR 10,000 and a rented garage, she commenced her entrepreneurial journey.

However, her path to success was laced with multiple challenges and hurdles. Her journey to fame was not a cakewalk. Instead, she worked hard and didn’t shy away from putting in everything she had to reach the pinnacle of success.

She faced many challenges in getting a loan as the bank did not trust her idea. Her father was also asked to be her guarantor. She had to convince people to join her firm in the beginning. Her first employee was a retired garage mechanic. But as we say that even luck favors those who refuse to give up. In 1987, Narayan Vaghul of ICICI ventures helped in the creation of venture capital with funds of USD 250,000. In 1989, Biocon Ltd became the first Indian biotech company to receive US funding for proprietary technology.

In 2014, Biocon was oversubscribed 33 times when the company went for an IPO. It became the second Indian company to cross the 1 billion mark on the first day of listing.

Mazumdar Shaw is known not only for her professional accomplishments but also for her philanthropic measures. She believes strongly in giving back to society and has pledged to divert half of her wealth toward the infrastructural development required to battle Cancer.

Her journey was full of ups and downs, and she has inspired several women to enter the biotech world in India.

Here are some of the most thought-provoking quotes by Kiran Mazumdar Shaw that will motivate you to achieve something big in your life:

1. “I hate the title of being called ‘the richest woman in India’, but it’s the recognition that this was the value that I had created as a woman entrepreneur, and that makes me very, very proud.”

2. “I think, in terms of corporate philosophy, I’ve always believed that you’ve got to treat people in a very, very egalitarian manner in the sense I like to treat people on a one-to-one basis. And I like people to take on a lot of responsibilities because I think with a sense of responsibility also comes a sense of purpose.”

3. “As a traditionally risk-averse nation, India has rarely been at the forefront of innovation. Indian companies have mostly imitated others and become very good at it.”

4. “I want to be remembered as someone who put India on the scientific map of the world in terms of large innovation. I want to be remembered for making a difference in global healthcare. And I want to be remembered as someone who did make a difference to social-economic development in India.”

5. “I believe that entrepreneurship is about being able to face failure, manage failure and succeed after failing.”

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Powerful Personalities

International Women’s Day 2021: 5 Famous Success Quotes From Women Entrepreneurs Across the World That Will Inspire You

Women Entrepreneurs (Photo Credits: Wikimedia Commons)

International Women’s Day is celebrated on March 8 every year around the world. The day holds great importance as it is a focal point in the movement for women’s rights. The special day is commemorated with a wide range of events. The theme for International Women’s Day 2021 is “Choose To Challenge”. The day, sponsored by the United Nations since 1975, celebrates women’s achievements and aims to further their rights. The day was trending as #ChooseToChallenge  and #IWD2021 on Twitter. The day celebrates the social, economic, cultural, and political achievements of women. The day also marks a call to action for accelerating women’s equality.

On the special occasion of International Women’s Day 2021, take a look at 5 Motivational Quotes by Women Entrepreneurs across the world.

  1. “When you look at successful women, they have other women who have supported them, and they’ve gotten to where they are because of those women”- Sheryl Sandberg, Facebook CEO, Author
  2. “The challenge of a leader is looking around the corner..and making the change before it’s too late to make the change”- Indra Nooyi, CEO of PepsiCo
  3. “Without an open-minded mind, you can never be a great success”- Martha Stewart, American retail businesswoman, writer,
  4. “I really believe that entrepreneurship is about being able to face failure, manage failure and succeed after failing”, Kiran Majumdar Shaw, founder of Biocon Ltd
  5. “On my own I will just create, and if it works, it works, and if it doesn’t, I’ll create something else. I don’t have any limitations on what I think I could do or be.” – Oprah Winfrey, Talk Show Hostess, Producer, Philanthropist

“A challenged world is an alert world. Individually, we’re all responsible for our own thoughts and actions – all day, every day. We can all choose to challenge and call out gender bias and inequality. We can all choose to seek out and celebrate women’s achievements. Collectively, we can all help create an inclusive world. From challenge comes change, so let’s all choose to challenge”, the IWD said on its website.

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Powerful Personalities

International Women’s Day 2021: Take a Look at Top 3 Famous Women Entrepreneurs in India

Savitri Jindal, Falguni Nayar, Kiran Mazumdar-Shaw (Photo Credits: Facebook, Wikimedia Commons)

Every year March 8 is celebrated as International Women’s Day (IWD). The day recognizes the social, economic, cultural, and political achievements of women. First observed in 1911, the IWD also raises awareness about women’s equality and lobby for accelerated gender parity.

The theme of IWD 2021 is Let’s all choose to challenge. “We can all choose to challenge and call out gender bias and inequality. We can all choose to seek out and celebrate women‘s achievements. Collectively, we can all help create an inclusive world. From challenge comes change, so let’s all choose to challenge,” according to the official IWD website. On IWD 2021, here are the top 4 businesswomen in India who inspire me and others around the world.

Savitri Jindal

Savitri Jindal is the chairperson of Jindal Group. Considered as one of India’s leading conglomerates, the company is a leading player in the steel, power cement, oil, and infrastructure industries. The 70-year-old took charge of the company after her husband and founder of the Jindal Group, Om Prakash Jindal died in a helicopter crash in 2005. Under her leadership, the company is touching new heights.

Falguni Nayar

Falguni Nayar, a former investment banker with Kotak Mahindra, founded Nykaa in 2012. With her hard work and dedication, Nykaa has become one of the leading online cosmetic and wellness company in India. The lifestyle retailer offers over 850 brands and has more than 30 physical stores. In 2017, Nayar got the title of “Most powerful business” by Business Today.

Kiran Mazumdar-Shaw

Kiran Mazumdar-Shaw, the billionaire chairperson and managing director of Biocon Limited, is a self-made businesswoman. She calls herself an accidental entrepreneur. Creating a biopharmaceutical company in 1978, her net worth is $4.6 billion (September 2020).

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Startup

Entrepreneurship Course Introduced in Delhi Govt Schools, Students to Get Business Lessons

Entrepreneur (Photo Credits: Picpedia)

New Delhi, October 9: In order to help students to inculcate the entrepreneurial mindset, the Delhi government schools have introduced an entrepreneurship course in their curriculum.

Delhi’s Education Minister Manish Sisodia believes that this will course will create a new understanding among children from class 9 till 12th. Chairperson and MD of Biocon, Kiran Mazumdar Shaw, interacted with the students of Delhi government school on Wednesday during a digital interaction, as part of the school’s entrepreneurship mindset curriculum. She said, “Entrepreneurship is not just about making money. One needs to have a vision of how they can make a difference in the life of others.”

Last year, as well, the Arvind Kejriwal-led Delhi government introduced the Entrepreneurship Mindset Curriculum for Delhi government-run schools from July, where all students from Class 9 to Class 12 were given Rs 1,000 each as seed money to develop an entrepreneurial mindset.

The teachers working in Delhi government schools were given a week-long training programme. As per the previous year’s report,  the state government had allocated a budget of Rs 40-50 crore to encourage entrepreneurship at the school level.

Categories
Business motivation

Women Who Mean Business: 4 Powerful Quotes From 4 Brilliant Women Entrepreneurs

Women are not only capable of running the world, they have enough potential to rule it too! Women these days have been smashing patriarchy by showcasing their immense talent and amazing productivity across the world. Women are more productive than men, according to new research, which officially disregards the thinking and mindset that women just belong in the kitchen.

We are presenting to you some brilliant motivational quotes from some of these inspiring women which are nothing less than the pearls of wisdom to inspire the entrepreneur in you to break the barriers, push the boundaries, and shatter that glass ceiling.

Sheryl Sandberg, Facebook CEO, Author

“Knowing that things could be worse should not stop us from trying to make them better.”

Do yourself a favor and stop stressing out. It is not at all healthy to be thinking about how bad things could get when things are already going rough. It will rob you of your capability to think straight and make things better. Always have a positive outlook and never hesitate in giving yourself that much needed second chance.

Estee Lauder, Co-Founder of Estee Lauder Companies

“I have never worked a day in my life without selling. If I believe in something, I sell it and I sell it hard.”

If you don’t believe in your capabilities, how do you expect the world to see right through you? The same goes for the products/services your company sells. How can you expect the prospect to believe in your product, when you, yourself, feel disconnected from them. Save yourself the agony and create something that you would love to purchase without having any second thoughts. Estee Lauder believed the same and became one of the richest and self-made female entrepreneurs in the USA.

Anne Sweeney, Co-Chair of Disney Media Networks

“Define success on your own terms, achieve it by your own rules, and build a life you’re proud to live.”

One size doesn’t fit all! The same goes for the dream. Everybody has dreams which are tailor-made just for them. Everybody has different goals, different ways to achieve that goal and possibly different outcomes. A person who drives a motorbike can not be compared to the person who has access only to a bicycle. Don’t let others’ success or failure influence your journey to achieve your goals and become successful. Set your own path, take the road less traveled, and conquer this world on your own terms.

Kiran Mazumdar Shaw, Founder, Biocon

“Being a woman does not have to be a handicap or a disadvantage. Being a woman has actually helped me gain confidence.” 

Listen to what our very own Kiran Mazumdar Shaw has to say! Telling constructive feedback apart from the destructive is an art in itself. Kiran Mazumdar Shaw suggests all the women entrepreneurs/wantrepreneur to turn a deaf ear towards those whose only job is to bring you down by telling you how different you are just because you’re a woman. Take it from the professional, work on your strengths. Work on your strengths and use them to your advantage.

No matter the gender, if you have the power to dream it, you have the power to fulfil it as well. Don’t let the stereotypes come in the way of your success or demoralize you in any way. These inspiring women followed the same and now are ruling the entrepreneurial world.