Sunil Bharti Mittal Entrepreneur Profile

2105 words - 8 pages

BACKGROUND:

Family support:
Sunil Bharti Mittal, born October 23, 1957 is an Indian businessman. He is the chairman and managing director of the Bharti group. The $4.5 billion turnover company runs India's largest GSM-based mobile phone service.
Sunil's father, Sat Paul Mittal, an MP, was always in public life. It was Sunil who started in business (making cycle parts in Ludhiana, India) in 1976 at the age of 18 with borrowed capital of Rs 20,000.The son of a politician, Sunil Mittal is a Punjabi. He has built the Bharti group, along with two siblings, into India's largest mobile phone operator in just ten years.15 years back, his company, Bharti Telecom, was a manufacturer of telephones of the push-button variety, and made its money by supplying to the Department of Telecommunications (DOT). Detractors allege that it was the family's political connections that helped it land the DOT contract.

Achievements:
IT Man of the Year Award 2002 from Dataquest CEO Of the Year, 2002 Award from World HRD Congress. Today, Sunil Mittal runs a successful empire with a market capitalization of approximately $ 2 billion and employing over 5,000 people. He has been honored with several awards. Sunil Bharti Mittal was chosen as one of the top entrepreneurs in the world for the year 2000 and amongst 'Stars Of Asia', by 'Business Week'.

First generation entrepreneur.

Education: Sunil a former student of Harvard Business School, graduated from Punjab University. He had shown an interest in business even from his teenage days.

Previous trading experience: Started off as an entrepreneur immediately after graduation, trading in various merchandises.

Skills required: Hands on behavior, Risk taking behavior, futuristic, innovative, insightful, internal locus of control, opportunist, persistent.

IDEA GENERATION:

Innovation made by the entrepreneur: Sunil Mittal can be called as originator of cellular phone revolution in India
Discover idea/opportunity: Sunil Mittal got interested in push button phones while on a trip to Taiwan, and in 1982, introduced the phones to India, replacing the old fashioned, bulky rotary phones that were in use in the country then. Bharti Telecom Limited (BTL) was incorporated and entered into a technical tie up with Siemens AG of Germany for manufacture of electronic push button phones. By the early 1990s, Mittal was making fax machines, cordless phones and other telecom gear. The turning point came in 1992 when the Indian government was awarding licenses for mobile phone services for the first time.
Decision of becoming entrepreneur: . He had shown an interest in business even from his teenage days. So after graduation, Sunil got together with his friend and formed a small bicycle business with borrowed capital in the1970s. But by 1979, he realized that this business would remain small. So he moved out of Ludhiana, spent a few years in Mumbai and in 1981, was running an import and distribution operation out of...

Find Another Essay On Sunil Bharti Mittal - Entrepreneur Profile

Foundations Of Marketing Company Project:- Bharti Televentures Ltd

2974 words - 12 pages remains unchanged: seek out the best technology in the world and put it at the service of our ultimate user: our customer." Sunil Bharti Mittal (Chairman and Group Managing Director) Bharti Tele-Ventures Limited was incorporated on July 7, 1995 for promoting investments in telecommunications services. Its subsidiaries operate telecom services across India. Bharti Tele-Ventures is India's leading private sector provider of telecommunications

Business Analysis of PT Group

3306 words - 14 pages 380,158 356,095 340,142 Expenses 318,507 279,269 203,412 180,782 172,402 Profit before tax 64,548 69,562 87,258 106,993 81,615 Profit after tax 50,963 57,300 77,169 94,262 77,438 (Source: Bharti Airtel annual report 2013, Bharti Airtel annual report 2010-11, Bharti Airtel annual report 2009-10) 32 Ownership and organization Board of directors Mr Sunil Bharti Mittal- Chairman Mr Manoj Kohli- Managing director & CEO (International) Mr Gopal Kohli

Airtel CSR

2712 words - 11 pages standards. In countries where such regulations do not exist, efforts should focus on putting the proper regulatory framework in place on the basis of which socially responsible practices can be developed.AIRTELBharti Airtel was founded in 1976 by Sunil Bharti Mittal. Today, Bharti Airtel Limited is a leading telecommunications company with operations in 20 countries across Asia and Africa. Headquartered in New Delhi, India, the company ranks amongst

Entrepreneurship

2965 words - 12 pages motive for becoming an entrepreneur.http://www.cheathouse.com/essay/essay_view.php?p_essay_id=45464The entrepreneur that I have chosen to profile for this module is Mr. Shantakumaran Murugan. He is 45 years old and happily married for the last 17 years with 2 kids. He operates a small south Indian fast food outlet at sector-12, Kharghar, Navi Mumbai, India. The name of this outlet is Balaji Fast food. He has been operating this business for the last

Bharti Walmart- Retail Store

9344 words - 37 pages to create 70 million new jobs by 2012 (Trade Chakra, 2008). These efforts make India a promising destination for foreign investment.Partner In India: As currently Bharti and Walmart got break off for the venture.Wal-Mart Stores Inc and billionaire Sunil Mittal-promoted Bharti Enterprises on Wednesday called off their six-year old joint venture in India. Wal-Mart, the world's biggest retailer, will control the cash and carry business, where 100

Corporate SR

8793 words - 35 pages making it easier to track and discuss corporate activities. Internally, this can facilitate management, reporting and change. Externally, NGOs, the media and others can quickly assess and profile business practices they view as either problematic or exemplary. In the CSR context, modern communications technology offers opportunities to improve dialogue and partnerships.Finance: Consumers and investors are showing increasing interest in sup

When the Bubble Burst

1539 words - 6 pages By the time I arrived state side from my second tour in the Middle East the housing bubble had already burst. I noticed a drastic change in the way that many of my friends and family were living. Several of my friends that worked in real estate had sold their boats and seconds houses. My own stock portfolio had lost a third of its value. My sister and her husband had defaulted on their home mortgage leaving them scrambling for a place to live. I

phase diagram

4456 words - 18 pages Introduction: Chemical equilibrium is a crucial topic in Chemistry. To represent and model equilibrium, the thermodynamic concept of Free energy is usually used. For a multi-component system the Gibbs free energy is a function of Pressure, Temperature and quantity (mass, moles) of each component. If one of these parameters is changed, a state change to a more energetically favorable state will occur. This state has the lowest free energy

Revolutionary Work of Art

1890 words - 8 pages Walter Benjamin emphasizes in his essay, “The Work of Art in the Age of its Technological Reproducibility” that technology used to make an artwork has changed the way it was received, and its “aura”. Aura represents the originality and authenticity of a work of art that has not been reproduced. The Sistine Chapel in the Vatican is an example of a work that has been and truly a beacon of art. It has brought a benefit and enlightenment to the art

Enlightenment Thought in New Zealand Schools

1594 words - 6 pages In this essay I will be looking at how the political and intellectual ideas of the enlightenment have shaped New Zealand Education. I will also be discussing the perennial tension of local control versus central control of education, and how this has been affected by the political and intellectual ideas of the enlightenment. The enlightenment was an intellectual movement, which beginnings of were marked by the Glorious Revolution in Britain

Psychological Egoism Theory

2240 words - 9 pages The theory of psychological egoism is indeed plausible. The meaning of plausible in the context of this paper refers to the validity or the conceivability of the theory in question, to explain the nature and motivation of human behavior (Hinman, 2007). Human actions are motivated by the satisfaction obtained after completing a task that they are involved in. For example, Mother Teresa was satisfied by her benevolent actions and

Similar Essays

Study On The Life Of A Famous Entrepreneur

527 words - 3 pages , cooperation and motivation provided to us during the course of study for constant inspiration, presence and blessings.IntroductionThe following information has been presented in class, in the form of a PowerPoint presentation -A brief introduction to the subject of my topic, "STUDY ON THE LIFE OF A FAMOUS ENTREPRENEUR", - Mr. Sunil Bharti Mittal. The Founder, Chairman and Group CEO of Bharti Enterprises.A slide discussing his early life as the son

Strategic Management Airtel Essay

9517 words - 38 pages include Sony-Ericsson, Nokia - and Sing Tel, with whom they hold a strategic alliance. This means that the business has access to knowledge and technology from other parts of the telecommunications world.The company has covered the entire Indian nation with its network. This has underpinned its large and rising customer base.WEAKNESSESAn often cited original weakness is that when the business was started by Sunil Bharti Mittal over 15 years ago

Bharti Airtel Financial Analysis

3427 words - 14 pages AirtelBharti Airtel, formerly known as Bharti Tele-Ventures LTD (BTVL) is India's largest and world's third largest cellular service provider with more than 82 million subscribers as of December 2008. It also offers fixed line services and broadband services. It offers its TELECOM services under the Airtel brand and is headed by Sunil Mittal. The company also provides telephone services and Internet access over DSL in 14 circles. The company complements

Project Management Essay

586 words - 2 pages 1 A Study On Marketing of Services Of Airtel Telecom Submitted To: Submitted By: Prof: Devang Patel Yograj Singh Chauhan 2 Introduction Introduction Airtel is an offspring of Bharti Airtel Limited, one of Asia's leading integrated telecom service providers. Bharti Airtel since its start, has been at the forefront of technology and has pioneered several innovations in the telecom sector. History History 1970 - Sunil Bharti Mittal laid the
Underground | Michelle Rodriguez | Val Kilmer