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His Advice & Our Analysis

His Advice & Our Analysis
Photo Courtesy: CEO Magazine

Ratan Tata
Indian Industrialist

Ratan Tata is an industrialist, philanthropist, and visionary who is responsible for taking the Tata group to new heights. He started his career at Tata Steel in a low-level role and has helped the company proliferate. As a result, Tata Group has become one of the most trusted names in the world, making every Indian proud, thanks to his high-impact decisions and risk-taking ability. Here are five quotes from Mr. Ratan Tata that can motivate you to succeed:

“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 do.”

People are frequently reluctant to take risks or do something out of their comfort zone, restricting them from exploring their own abilities. Ratan Tata said that while there are particular things that he would do another way if he could relive those moments, he never wants to look back and think about things that he didn’t do. Risks do not always pay off, but it is sometimes better to have tried and failed than to have never tried and regretted it forever. Sometimes a chance yields more significant rewards.

“Take the stones people throw at you. And use them to build a monument.”

Criticism and judgment are inevitable, and no matter what you do or how well you do it, someone will never be happy and fulfilled. Many people give up when they are criticized and are not supported. Many innovative people give up on their dreams because a million voices tell them that it won’t work. However, Mr. Tata believes that one should take criticism in stride and use it as a tool to fuel their efforts. Every piece of criticism can be turned into a success story which is what one should try to do rather than giving up when people are hoping that you would.

Ratan Tata's Advice and Our Analysis -theinap

“If you want to walk fast, walk alone. But if you want to walk far, walk together”

The dream is made possible via teamwork, which is what Mr. Tata believes. While walking alone may allow you to reach your target faster, walking together will enable you to walk further and accomplish more. There is so much more one can accomplish when they have a solid support system and people around them whom they can trust and rely on. Hence, Mr. Tata advised to treat your team right, and it might just be the one thing that can help you achieve greatness.

“A person who imitates others may be successful for a short time but may not progress much in life.”

Innovation has proven to be an essential ingredient for success. There are countless examples of people like Bill Gates, Jeff Bezos, and Steve Jobs who have achieved great success because of innovation. Ratan Tata believes that innovation is the key to success because those who imitate others may get an advantage for a short time, but they will not be able to retain it for long, whereas innovators will always have an advantage that will propel them forward sooner or later. Therefore, one should always strive to do what they do best rather than copying others because you are not only losing your individuality; you are also killing a chance of something new to be introduced or created.

Ratan Tata's Advice and Our Analysis -theinap

5. “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.”

Failure and success are inevitable in life, but they are not deciding factors. One triumph does not make one indestructible, and one loss does not rule out the possibility of a second chance. While changes are inconvenient, they are necessary for progress, as a static life will not reward you. Climbing is required to reach greater heights, and while you may slip and fall, there is always the possibility of getting back up and trying again. But if you give up, you will stop falling, but you will also stop reaching for anything.

However, in an event, Ratan Tata stated, “As a young guy working on the shop floor, I witnessed firsthand the agony and struggle of the less fortunate and considered how one might make a difference in improving people’s lives. As I progressed through the departments and divisions, I saw more hardship and had more opportunities to help. Now I’m attempting to elevate the Tata Trusts’ relevance in the twenty-first century to maximize the benefits the trusts aspire to provide to underserved populations.”

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