Vinod Gupta is an entrepreneur and businessman born in 1946 in India. He took a bank loan for $100 and used it to create a business he sold for $680 million. He was the CEO of InfoUSA, acquired additional companies and filled a niche in information technology. His investment firm is called the Everest Group. This firm provides database technology startups with venture capital, fosters success with information technology and acquires struggling businesses. Vinod Gupta prides himself on providing underserved populations with employment opportunities. His resources are devoted to charities including schools in India. Read more about Vinod Gupta on Chicago Evening Post: Law School At IIT Kharagpur, Established By Vinod Gupta, Rated Number One In Research And Number Four Overall In India
Vinod Gupta went to work for the Commodore Corporation after graduating from the University of Nebraska. The company manufactured mobile homes. His responsibilities as a Marketing Research Analyst including compiling lists of United States mobile home dealers. When Vinod Gupta learned there was no such list in existence, he realized how much time businesses would save with an expansive list. He created a database, invested in direct marketing and targeted companies that would receive benefits from his data. He received many orders for his list and realized how high the demand was for business to business information.
After InfoGroup had been in business for many years they started acquiring other businesses. Vinod Gupta had developed, used and perfected the methods necessary to assist struggling companies. These skills came from operational experience and a global scale of database technology. Vinod Gupta currently spends most of his time in building up the futures of numerous companies. He has learned future goals are incredibly important for the maintenance of successful companies. He has a core team he trusts to handle the daily operations of his company.
Everest Group is steadily acquiring businesses in background checks, digital printing, operational platforms and information technology niches. Vinod Gupta uses market testing when considering new ideas, products and technologies. He believes many entrepreneurs make the mistake of limiting field testing. There must be a need for the idea in the market or it will be obsolete. Vinod Gupta will be using artificial intelligence to make decisions through his database. He believes this will increase his market size. This involves the way his products can be used and their longevity.
Read more about Gupta’s interview with Ideamensch on https://ideamensch.com/vinod-gupta/