Running a family business is harder than it looks. But do you know what is more challenging? Building your own legacy and carving a naming for yourself by building your own firm. Building an independent firm from scratch is not easy. Entrepreneurs need to challenge a problem and make a space in the market through perseverance and strategy.
Let us read some more about entrepreneurs who have built their own empires starting from scratch with just ideas and vision.
A good example of a successful entrepreneur is Mr. Ghanshyam Sarda’s son, Mr. Neetish Sarda. Ghanshyam Sarda is the chairman of the Sarda Group, a renowned business based on Jute and information technology industries. But Mr. Ghanshyam Sarda’s son did not join the family business and strived to create his own firm, which led to the founding of Smartworks.
Mr. Neetish Sarda is a man of perseverance and ideas with which he started Smartworks. Mr. Neetish Sarda started Smartworks in 2016, with the motive of providing flexible workspaces to large enterprises, SMEs, and startups. He got exposure to vibrant and interactive workspaces during his time abroad. This led him to tap into the market of managed workspaces, creating India’s biggest managed workspace provider.
The vision and hard work of Mr. Neetish Sarda helped him win several accolades such as Creative Entrepreneur of the Year at Entrepreneur Awards 2021 and Business world 30 under 30: Business Leader of the Year 2021.
Anand Piramal did not follow in his father’s footsteps, Ajay Piramal, who owned a drug business before selling it to the pharma giant Abbot laboratories. Around that time, Anand had just returned to India with a degree from Harvard. At this juncture, Anand was left with two choices: join his father and undertake the rest of his business, or start anew.
Anand Piramal chose the second option. As a result, the Piramal realty was born, which was a real estate business. Piramal realty yielded fruitful results, with investments pouring in from various giant players accounting for about USB 235 million. He draws inspiration from the billionaire Mukesh Ambani, who inspired Anand to take a different career path.
Dream 11 is a popular platform for sports enthusiasts to make predictions about the games from cricket to football. Your favorite game platform was co-founded by Harsh Jain and his partner Bhawit Seth for sporting enthusiasts just like you.
Harsh Jain, the son of the business personality behind Jai corp, Anand Jain. Harsh Jain initially worked in Jai Corp but had his desire to establish a sporting platform like Dream 11.
Currently, Harsh Jain serves as the cultural enforcement officer(CEO) and co-founder of Dream 11 and Dream sports, leading one of the most successful ventures in the fantasy sports arena. And he is an inspiration for all the budding entrepreneurs out there for sure.
Rishabh Mariwala, the 29-year-old entrepreneur, has opted out of Marico Industries, owned by his father, Harsh Mariwala, to make his own mark in the cosmetic industry. Marico’s case is different from other businesses where second-generation scion opt-in to serve their family business. With Rishabh starting his entrepreneurial career in Marico, he has decided to move out of Marico’s flagship operations. Rishabh started his own venture called the Soap N Opera, selling handmade premium soaps. Rishabh is said to be keen on sustainable business and giving back to society.
The above-mentioned successful entrepreneurs are self-made who have come up with new ideas. While it is also to be duly noted that entrepreneurs running family businesses alongside their family are not more or less than the above-mentioned entrepreneurs.