Ten inspirations from Ratan Tata’s attitude towards life and business
Known for his vision and business mind, Ratan Tata has been inspiring thousands of leaders and entrepreneurs across the country. Despite retiring, he is still active as ever working as an investor. He has seen plenty of ups and downs in life – failed ventures and losses in his professional life. But, like a true fighter, he has always managed to overcome all odds. His struggle and charismatic leadership helped Tata group to become one of the biggest conglomerate in India.
Let us go for a dose of motivation from life of Rata Tata.
1. Have a vision
Mr. Ratan Tata always had a vision for his organization and himself. When he joined the group, it was barely doing any business outside India. Inspite of the opposition, he maintained that the company had to go global. Ratan Tata has once stated, ‘‘If you want to walk fast, walk alone. But if you want to walk far, walk together”. Mr. Tata’s ambitious vision of creating a car for the common man which costs only 1 lakh – “Nano”- shows his ability to visualize the needs and demands of the socity.
2. Don’t be afraid to take risksAs a leader, one needs to have the foresight and the capability to take risks that can take the company to new heights. Ratan Tata had the courage to take risks. He says,“I don’t believe in making right decisions. I take decisions and then make them right.”
3. Be creative. Be unique
These words of Ratan Tata reflects one of the life’s basic truths – “All of us do not have equal talent. Yet, all of us have an equal opportunity to develop our talents”. You all have your unique creative sense and instead of thinking what you don’t have, grab every opportunity to showcase your talent and see how your creativity will make you emerge as a winner.
4. Failures are stepping stone to success
You only fail when you stop pushing yourself harder. Ratan Tata has stated that “Ups and downs in life are very important to keep us going, because a straight line even in an E.C.G means we are not alive”. He always preferred to live an exciting life that gives you versatile learning experiences. No matter how many times you fall, what matters is – how strongly you get up back on your feet.
5. Ignore all the criticism
Being open to criticism, Mr. Tata once stated, ‘‘Take the stones people throw at you and use them to build a monument”. Whenever you endeavour to do something you like, there will be people who will try to pull you down and criticize to annihilate your spirit. All you need to do is just ignore all the criticisms and focus on your work.
6. Never look back and repent for your past action
Many people in their free time like to wander in the past and think of all the unfortunate things that could have been different if they had acted differently. But this unproductive task only weakens the spirits. Ratan Tata says, “There are many things that, if I have to relive, maybe I will do it another way. But I would not like to look back and think what I have not been able to”.
7. Have a positive attitude & mindset
Mr. Ratan Tata always had a positive attitude and smile on his face no matter what the situation was. He says “None can destroy iron, but its own rust can! Likewise, none can destroy a person, but his own mindset can”. Having a positive approach and attitude is essential to keep your focus on your dreams and desired actions.
8. Believe in self
Mr Tata always had faith in himself and what he is doing. When you are dealing with mess of life, every minute you take a decision. Some decisions are right while there are some decisions that may cause situations to take an unpredicted turn. If you are working on something valuable don’t lose your faith.We need to learn that every innovation takes times to be successful.
9. Share your stories to motivate others
Ratan Tata had the ability to inspire and motivate his team in order to get the job done effectively and efficiently, which is very important for a leader. He always had the habit of sharing his stories to motivate others for achieving. Being a great leader you need to make sure you inspire, drive and spark your drive in others, so that they along with you, can bring about change, social innovation and progress.
10. Be very flexible in terms of making decisions
A lot of entrepreneurs tend to put too much effort and time on one plan even if it isn’t working. Life of Ratan Tata shows that one needs to be very flexible in terms of making decisions. Mr. Tata believed in investing in different companies so as his investment is always safe and grows no what the situation of a particular industry is. He is still following this principle. And the rest
we all can see!
Life changing quotes from Ratan Tata
“Ups and downs in life are very important to keep us going because a straight line even in an ECG means we are not alive.”
“A life without excitement, ups and downs are too much boring and dull. You need to be a storyteller to your grandchildren, why don’t prepare for that from now? We get this life only once, experience every aspect of it. No one ever has grown without falling once, fail as many times as you can, then only you can succeed. So quit complaining and start exploring.”
“Take the stones people to throw at you, and use them to build a monument.”
“We always complain about some external factors for our failure and misery. But the reality is none of them affects your dreams unless you give them the power to do so. Be focused on what you want to do and go ahead, success won’t be far from you.”
“No one can destroy iron, but its own rust can! Likewise, no one can destroy a person, but its own mindset can!”
“I have always been very confident and very upbeat about the future potential of India. I think it is a great country with great potential.”
“The people you meet in this life, all won’t be good to you. Some will criticize, some will de-motivate and some will try to pull you down. All you have to do is ignore them and move on. You don’t need to explain to them your journey nor let them control your dreams. This is your life, live as you want.”
“All of us do not have equal talents. Yet, all of us have an equal opportunity to develop our talents.”
“If you want to walk fast, Walk Alone. But if you want to walk far, walk together.”
“Life is unfair and it’s nowhere written to be fair. But it’s not only you or me, but it’s also for everyone. My talent differs from yours and yours from another person’s, but we have equal chances to succeed in our respective fields. When there’s a will, there’s a way.”
“The strong live and the weak die. There is some bloodshed, and out of it emerges a much leaner industry, which tends to survive.”
“Stop taking baby steps and start thinking globally.”
“There are many things that, if I have to relive, maybe I will do it another way. But I would not like to look back and think what I have not been able to.”
“The day I am not able to fly will be a sad day for me.”
“I may have hurt some people along the way, but I would like to be seen as somebody who has done his best to do the right thing for any situation and not compromised.”
“I don’t believe in taking right decisions, I take decisions and then make them right.”
“Encourage people, question the unquestioned and don’t be ashamed to bring up new ideas, new processes to get things done.”