Amazing success story of Ratan Tata
I am back with another success story. This time it is a person who brought car revolution in India. yes I am talking about Ratna Tata. Ratan Tata, born was the Chairman of Tata group from 1991 to 2012. Named after his grandfather, he was brought up and raised by his grandmother as his parents were separated when he was just seven years old.
Ratan Naval Tata was born on 28th December 1937, in Surat, Gujrat, to Naval Tata and his first wife, Sonoo. He has a younger brother Jimmy, and a step brother named Noel Tata from his father’s second marriage to Simone Tata. Ratan Tata started his schooling at Campion School and finished up at Cathedral and John Connon School. After that he went on to study in Cornell University where he got a B.S. degree in architecture in structural engineering in 1962. He then went to Harvard Business School for a degree in the Advanced Management Program in 1975. He was in the Alpha Sigma Phi fraternity whilst attending college.
Ratan Tata was always interested in cars since his childhood days. He started his career in the year 1960 in the Tata Group. In the beginning, he worked as a general worker in Tata Steel. His success story speaks for itself when we see his rise in the ranks J.R.D Tata resigned from his chairmanship of Tata Group and made Rata Tata as his successor in 1991.
The turning point of his career
When Ratna tata started his car business. He suffered a huge loss in the beginning. So he decided to sell his company to fords motors which was the richest company in the world. But At the meeting, Bill Fords insulted him by saying ” Indians can’t run car company”. Ratan Tata was deeply offended by his words. What would be your answer if I ask you what is strongest emotion needed for success. For me it would be anger. The emotion of anger if used in a proper direction can definitely lead you towards success. Years later, Fords went into a huge loss and wanted to shutdown his company. But Ratan Tata bought Jaguar, Rover from Fords.
“I don’t believe in taking right decisions. I take decisions and then make them right.”
– Ratan Tata