Ratan Tata, popularly recognized as a bellwether and savant when it comes to the field of business & industries. He is one of the most adored names in the field of business ethics and philanthropy.

Born in 1937, Ratan Tata is the great-grandson of Jamshedji Tata who was the founder of the Tata group.

Ratan Tata used to have the belief that a person’s mindset can make you or break you, i.e., ‘fixed mindset’ will always create impediments on the way to your success while ‘growth mindset’ will pave the way for your healthy growth.

“I don’t believe in making the right decisions. I take decisions and then make them right”, as Ratan Tata used to reckon.

From the above statement, the way Ratan Tata used to ponder over things is pretty apparent. Lots of entrepreneurs spend lots of time brainstorming about business ideas. While Ratan used to deem that you need to make decisions first and prove them right. According to him, this is an apposite way that you make a decision and act in such a way that it turns out to be right for your business.

In addition to this, the famous businessman used to reckon, “Take the stones people throw at you. And use them to build a monument”.

Often, criticism and brickbats are inevitable. You can’t turn a blind eye to it or abandon it. But the way you react to the brickbats thrown at you becomes the quintessential factor. As it’s obvious that you cannot keep everyone content and pleased with yourself, but there’s often a good thing hidden in it that you can utilize to elevate your skills.

 

TOPICS: Ratan Tata Tata Group