How Vinod Gupta Started And Grew InfoGROUP

 

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