[Reference No: BH011]
Naveen K. Jain is a typical rags-to-riches story who is amongst the most successful Indian-born American entrepreneurs. He is the founder of World Innovation Institute, Intelius, InfoSpace, and Moon Express.
Poverty
is not a hindrance for an optimist who seeks opportunity in every difficulty.
He stumbles on obstacles from time to time but gets up and hurries off as if
nothing happened. Born on 6 September 1959, Naveen Jain proves that nakedness,
homelessness might be poverty in the materialistic world but greatest poverty,
in reality, is not desiring to come out of it.
Naveen
grew up in different small villages of Uttar Pradesh, a central Indian State,
and occasionally lived in New Delhi and later at Roorkee to pursue his B.Tech.
He recalls his early years to be very difficult and that he never had lived in
one city for more than six months to a year and there was no place for him to
call home. Sometimes, he had to spend his day hungry – nothing to eat. His
father was a typically honest public servant whose unwillingness to accept
bribes made him vagabond or refugee in his own country. His transfer was
inevitable and it would happen frequently sometimes thrice in a year and was
often posted at remotest areas. Despite the acute poverty, his sister went on
to completing her post-doctoral studies in mathematics, his brother did his Phd
in statistics and computer science and he somehow managed his engineering
degree from IIT Roorkee followed by an M.B.A from XLRI School of Business and
Human Resources. On completion of M.B.A, he was hired by Burroughs and invited
to the United States for yearlong training. Burroughs was over a century old a
major American manufacturer of business equipment and later merged with Sperry
Corporation to form Unisys.
In
1996, Naveen Jain started InfoSpace to provide quick and immediate information
on cellular phones as well as other mobile devices. After two years, in 1998,
he made his idea public and within less than a year, the company was valued at
$35 billion. The idea of InfoSpace seemed crazy to many industry analysts but
he succeeds to prove that it truly was worth multi-billion dollars. Naveen’s
key to success is self-trust, to which he gives utmost priority. He says, “if
you have guts to trust your own instinct, it’s worth pursuing and your efforts
will never go in vain.”
InfoSpace
was his first successful venture which made him a billionaire. In 2002, he quit
his own company due to some irreconcilable differences with the board and the
partners and founded another creative venture a U.S. based public record
business Intelius in 2003. The company provides information services to
consumers as well as businesses which includes background checks and identity
theft protection. Later, he co-founded a privately held seed-stage company Moon
Express along with a group of Silicon Valley as well as space entrepreneurs.
Naveen
Jain has been honored on many occasions for his leadership skills,
entrepreneurial success and overall accomplishments including Albert Einstein
Technology Medal for pioneers in technology; Six People Who Will Change the
Internet by the Information Week; Top 20 Entrepreneurs by Red Herring and many
more. In 2011, he was awarded “Light of India Business Leadership Award” by The
Times Group for his “visionary entrepreneurship” and received the Lifetime
Achievement Award at the Red Herring Global 2011 Conference.
Info
Source:
www.naveenjain.com
No comments:
Post a Comment
Thank you.