InfoUSA was a massive corporation that specialized in gathering data for many different companies in different industries. Vinod Gupta is the founder of InfoUSA, which was started as Business Research Services in 1972, though he sold off the company in 2010 for a profit of more than 600 million dollars.
Vinod Gupta was born in 1946 and spent many years focused on getting an education for himself, which was difficult given the time period and how small of a village he grew up in. For most people in Vinod’s position, an education was outside of the question. Vin was determined to succeed however and found himself in the Indian Air Force to earned himself a ticket to a higher education.
Ever since he was young, Vin Gupta has been a humble person, so it only makes sense that he would be generous with his wealth like he has been for many decades. Since his company started expanding in the 80’s and 90’s, Vinod has actively supported the community both in the United States and India. A big portion of Vinod’s donations over the years have gone towards education for women and children throughout India by improving programs as well as school safety. Go Here for more information.
There are many locations around India where the schools are wide open in areas that are considered dangerous, which makes it difficult for kids to go to school regularly and without fear.
Since his first donation, Vinod has gone on to donated roughly 50 million dollars to the construction of schools throughout India and the improvement of educational programs throughout the United States. Vinod currently works as a Managing General Partner for Everest USA while also taking the time to offer up his business advice to budding entrepreneurs that are looking to succeed in the world of business, as featured on Gazette Day.
See Also: https://medium.com/@vinodgupta1/vinod-gupta-shares-advice-on-how-to-succeed-in-the-modern-world-ad76442a8b26
Identifying problems in society or in an organization and finding a solution that effectively deals with the said problem is what makes an entrepreneur. Vinod Gupta while working for Commodore Corporation, a company that made and sold mobile homes discovered something that they needed and worked towards tackling this. He was lucky enough to have a way of monetizing his idea and years later he would sell his company for 680 million dollars. Vinod Gupta while working as a research analyst for the company discovered that it was really hard to find useful information about clients and suppliers.
Having the responsibility of doing so, he would order all the 4800 Yellow pages book and conduct exhaustive research and, in the process, creating a database that was not only important to Commodore but other organizations too. Vinod Gupta had offered his organization an opportunity to purchase the database, but at the time they were struggling financially and opted to have it for free and allow him to sell the same to others. Vinod would borrow 100 dollars to fund his venture. See This Page for additional information.
Upon obtaining a mailing list and sending the same to potential clients, he was overwhelmed by the response within a short time he had received 22,000 worth of orders. It was at that moment that Vinod knew his company was destined for success. In the years that followed, he would identify different industries and make custom lists for them.
This would mark the birth of his company InfoGROUP. The company created databases for companies, and as technology advanced, they ensured that they kept up and remained relevant. He shares his Business Ideas with the hope of assisting upcoming entrepreneurs to because he believes in helping those who need to help. He has helped others to establish startups by providing them with proper funding
Gupta has always committed to philanthropy despite his success. He is keen on education and has funded a number of projects in India, especially geared towards girls’ education in areas where they are clearly behind. He has also donated to the University of Nebraska at Lincoln where he studied.
Visit Gupta on https://medium.com/@vinodgupta1