Dhirubhai Ambani succeeded in his innovative venture as he had sound business
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Answer:
How was Dhirubhai Ambani able to build his enormous empire without any entrepreneurship background at all?
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Balaji Viswanathan
Updated April 12, 2014Vikram
Good entrepreneurs usually have a family background in business. Great entrepreneurs usually have none and start from scratch. Bill Gates is the son of a lawyer. Zuckerberg is the son of a dentist. Larry Page's parents are professors. Look up most great entrepreneurs in history - Larry Ellison, Thomas Edison, Steve Jobs, Henry Ford, George Soros, Jeff Bezos - they were all first generation entrepreneurs who grew from practically nothing.
Dhirubhai Ambani is an Indian icon who did that way. He is a little more special than the American entrepreneurs above as the old world relies on connections & lineage a lot, lot more than the new world.
Dhirubhai started out as a trader importing polyester fabric and exporting spices. The small dowry he got and experience he acquired working in middle east, helping him a bit to get started in this.