Jan 16, 2008 01:06 PM
3747 Views
*Power On. India On.
This advertisement drove Indians so much that the IPO got subscribed 10 times more than the actual demand in just 4 hours. The demand was 22.80 crore and it received bids for over 220 crore* in just 4 hours. Retail investors got a boost from this IPO and they are expecting a good return from this. Surely it’s a great achievement for Anil Ambani and the reputation of ADAG will go up by this move.
It also created an unprecedented euphoria in the market. Experts say that it’s a good move for Indian economy as it shows that Indians are rich now and most important they are ready for investment. Most of the people agree with this that the mindset of normal Indian citizen is changing. S/he is ready for investment in market. S/he is ready to take risks. I disagree with these expert opinions. It’s true that Indians have become money rich and they are also investing into share market but I still can’t believe that Indians are ready for all kind of investments. I believe that still there’s a fear factor in the mind of normal Indian investor. They can go for a Reliance IPO but they won’t invest in something new. They are not ready to create brands, they just follow them.
Yesterday night I was watching news on some news channel. It was showing a story of an IIT student. This guy is a student of IIT Mumbai. He has developed the smallest machine for cardiac treatment. I do not know much into the subject but as per the story it’s the smallest machine in the world and it is also the cheapest one. He wants to launch this product in the market but he doesn’t have much financial support for this. In most of the cases the successful projects don’t come into the market because they don’t have financial support to develop or they don’t have good marketing for the product.
Both of the above cases show that we still have the slave mentality. We love to follow the footprints and we never try to create our own footprints. We are good followers but not good innovators. We go for easy things, easy money, easy power, and easy investment. Reliance is a BIG brand and we know that we can get good return from them. Invest in Reliance and take a chill pill at home. Money will be folded in many folds by the reputation of Reliance, vision of Anil Ambani and hard work of ADAG employees. We won’t have to do anything. We do not have our own ideas; we do not want to promote new ideas. We do not want to take risks and we do not want to motivate them who are willing to take risks.
If you have money, don’t just use it to make more money. Use it to create opportunities, use it to promote ideas, use it to build enterprises and use it for a reason which can lead to a prosperous social system. Don’t just chase money, chase your dreams. Don’t think about adding or multiplying money but think about using that money for a reason which can spread happiness not only for you but for all. Good investment is not all about getting good return. It is also about feeding delight to your inner hunger, hunger for doing something tangible and visible. It is also about making your presence felt.
Business is the most exciting game. It’s not just a money game but it also involves your mind & body, heart & soul. Invest in this game called business but make sure that your motive is not just MONEY. If the motive is just money then there’s no any excitement for you, you can’t feel the charm and you can’t create your own footprints. If you have a “jazba” to do samething “thoda hatke” then come up with ideas or at least motivate them who are coming up with such great ideas. “Duniya ko dikha do ki” we are not just followers. We can become trend-setters also. We do not just want to survive but we want to achieve. We have dreams; dreams to do big, dreams to make our presence felt.
Formerly when great fortunes were only made in war, war was business; but now when great fortunes are only made by business: Business is war. I expect each and every Indian to become a great warrior, not just to satisfy his/her own needs but to create fortunes for billions of Indians. We are TIME rich nation and we need to convert this richness in other aspects as well. “Kamar kas lo”, now the wind is moving towards east and this time we have to make it bigger than what we had when we were known as “Sone Ki Chidia”.
Your suggestions / comments / views are most welcome…
