Why Vinod Gupta Stays True To Socially Responsible Investments

 

Corporate social responsibility is the idea that businesses, especially large, well-endowed corporations, should be socially, environmentally, and otherwise responsible. Without such policies, the world as we know it will degrade for both ourselves and future generations.

Vin Gupta and his investment firm, Everest Group, act responsibly in placing their investments as one of their major strategies. In other words, Everest Group won’t invest in businesses that fail to be socially responsible, no matter how well their prospects may seem.

Here are several reasons why Vin Gupta stay true to proper corporate social responsibility policies.

People increasingly do business with businesses that do good business

In the past few decades, people would do business with whichever businesses they thought provided the most value to them. Today, people are readily swearing off businesses that fail to act responsibly. For example, some businesses dump small amounts of waste into the environment as allowed by United States law. Environmentally-minded people don’t entertain those businesses’ offers, no matter how good they might seem. Read This Article for related information.

As time marches onward, more people will act responsibly in determining which businesses get their business. Organizations that fail to demonstrate corporate social responsibility will inevitably fail to succeed.

Everest Group gains positive press by doing away with investments in irresponsible businesses

Corporations have one goal in mind – to generate profit and growth. Those that do so in an irresponsible manner are not invested in by Everest Group. Everest Group is able to push out press releases that tell the public about its decisions to invest in responsible business entities.

This results in positive press for Everest Group and Vinod Gupta. Although gaining such positive press isn’t the underlying reason why they only invest in responsible companies, it certainly is a valuable benefit.

 

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Vinod Gupta Shares His Rise To Success

 

Vinod Gupta is a powerful self-made business man that remembers his humble beginnings. He was born in a small Indian village, and realized at a young age that education can change lives. He applied himself throughout school and had successful experiences in both undergraduate and graduate school. In college, he majored in Agricultural Engineering and Business. Vinod Gupta rise to fame began with the ability to observe things in an astute manner.

 

He gained experience working for an employer that needed a comprehensive list of mobile home dealers. At that time, there was no such list. He set about creating such a list on his own time. The list was impressive, and Vinod Gupta took out a business loan at a local bank to invest in direct mail marketing. Businesses quickly caught on to the value of his abilities and product, and he quickly saw an immediate ROI on his investment. He created his business called American Business Information.

 

While at American Business Information, he and his company worked to expand their offerings to the business world. Changing times and technology were in his favor. As such, the need for his product expanded. American Business Information branched out and created huge numbers of unique databases. His business was so successful that it eventually sold for $680 million.

 

Today, Vinod Gupta is a managing General Partner of Everest Group. His company provides millions of dollars to businesses seeking venture capital. Companies that receive his venture capital funding are largely in the field of database technology.

 

Vinod Gupta looks back over his life and attributes his success to an entrepreneurial spirit and a thorough understanding of the power of education. His education allowed him to take available technology forward to solve existing problems. That is virtually the secret of any entrepreneur. He realized that if one type of business could benefit from his database concept—all could. Vinod Gupta is the perfect example of what happens when education, drive, and an entrepreneurial spirit all collide. Click Here to watch his video on YouTube.

 

Vinod Gupta granted an interview to Gazette Day, a digital publication known for its high-profile, top-quality interviews, in late May 2018 – he included Effective Business Lessons for aspiring businessmen and entrepreneurs who wanted to succeed in the world of business like himself.

 

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Vinod Gupta: The Importance Of The Independent Woman

 

Ordinary most millionaires don’t usually come out of the slums of India, however, Vinod Gupta is no ordinary person. CEO of Everest Group, Vinod Gupta was raised and educated in a small village outside of New Delhi. His dream to help his family and himself get out of poverty was the motivation for his hard work ethic. Gupta would be accepted into the Indian Institutes of Technology where he would earn his bachelors in agricultural engineering, soon after he would travel to the U.S to pursue a masters.

 

Like many graduates in Gupta’s shoes, he would go on to work with a top company, specifically Commodore Corporation post-matriculation. This is where Gupta’s journey to self-made millions began as he would be pressed with the task of creating an accurate list of mobile home dealers in America. However, he soon found out that no reliable data was out there, not in list format at least. Long story short, Vinod Gupta would formulate his own list of high-quality data that he would soon sell to companies across the United States.

 

Wanting to give back to his roots, Gupta made an incredible donation to the Ram Rati Gupta Polytechnic, a women’s school in India who aids in their advancement and the pursuit of postgraduate degrees. As a country who traditionally did not allow women to study, Vinod Gupta is extremely passionate about raising current girls to be future independent women.

 

He’s done this by creating many schools in his village along with providing them with buses, textbooks, and other essential resources that they would need to receive a high-quality education. According to Vinod Gupta, wealth does not bring happiness, it brings you the opportunity to help those who cannot help themselves, and that is ultimately where your happiness comes from. Today, Gupta has donated over $50 million dollars to various foundations, educational programs, and charities all around the world. See Related Link to learn more.

 

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