Vinod Gupta Made $100 Into A Multi-Million Dollar Company

 

Vinod Gupta, an Indian-American entrepreneur is quite an example of someone who’s done more with less throughout his life. He had little resources to work with when he began his company, InfoUSA, but over the years Vinod put his innovation and strategic planning to work to build a company generating over $700 million in revenue. He was able to find new ways to market business-to-business information and compiling up-to-date database that adapted to new technology over the years, and he’s also been a part of philanthropy that he’s contributed over $50 million to.

 

Vinod Gupta came from a working family in a remote Indian village known as Rampur Maniharan, and though they had very little money, they were able to get him through high school and accepted to the Indian Institute of Technology. From there, he came across the opportunity to enroll in graduate school in the US and then took a job at a marketing research department of a mobile home manufacturing company.

 

Through a series of events here that had Vinod Gupta digging through yellow page phone books and needing to find information about potential company clients, Gupta was allowed to take that information and sell it to the company’s competitors. Using $100 to invest in mailers, Vinod Gupta began selling the information and that was the beginning of InfoUSA.

 

Vinod Gupta sold the yellow page information to other mobile home dealers first, but then he included automotive dealers and suppliers, HVAC companies, and other industrial clients. Eventually his company had a database of every US yellow page phone book and it became publicly-traded on the NYSE. Gupta sold InfoUSA for $680 million in 2010, but that was far from the only accomplishment he had. See Related Link for additional information.

 

He also helped start several business schools and polytechnic institutes back in India, and he contributed to US university scholarships. Gupta also has worked with the “Clinton Global Initiative”, and at one point he was a Consul General to Bermuda.

 

Related Article: https://economictimes.indiatimes.com/topic/Vinod-Gupta