The self-made success story of Vinod Gupta is the stuff of which Hollywood movies are made. Gupta is a native of India that was born in 1946 and was able to take a $100 loan to form a company that would eventually sell for $680 million.
Gupta was able to exploit what he saw as a deficiency in business to business marketing information services to begin a list-compiling company that he would name InfoUSA. Vinod Gupta took an active role as the Chief Executive Officer of the company he founded, grew the assets of the company to the point that it was able to execute purchases of a handful of companies, and renamed what was now a leader in the information technology field InfoGroup.
Gupta’s latest endeavor is Everest Group, an investment fund that provides capital for start-ups in the database technology industry. Everest Group also finds struggling businesses to purchase with the intent to make use of information technology to right the wrongs in these companies and make them a success.
Vinod Gupta acquired his undergraduate degree at the University of Nebraska and began his work career with Commodore Corporation, a local manufacturer of mobile homes. It was in his job capacity as a marketing research analyst with the company that he stumbled upon the first inspiration for what would be his own business.
Gupta was assigned the duty of finding and organizing lists of United States home dealers. While attempting to complete the assignment, Gupta realized that there was no list in existence. Visit This Page for additional information.
Vinod Gupta immediately recognized the benefit such a list could be to business owners and set out to create one on his own. Next, Vinod Gupta embarked on a campaign about direct mail marketing, to push the list on prospective owners and soon started receiving requests for his product.
Gupta, a little surprised at the immediate success of what he later saw was only a test run, then realized how what he had learned could be applied to other industries. Soon after this revelation, InfoUSA was born, and the makings of a Hollywood movie was soon in progress.