- Paperback: 304 pages
- Publisher: Penguin Random House India (1 October 2017)
- Language: English
- ISBN-10: 0143428683
- ISBN-13: 978-0143428688
- Product Dimensions: 20.1 x 2.1 x 13.4 cm
- Average Customer Review: 38 customer reviews
- Amazon Bestsellers Rank: #23,050 in Books (See Top 100 in Books)
The Inheritors Paperback – 3 Nov 2017
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About the Author
Sonu Bhasin is a senior banker with close to three decades of experience. Previously she has held senior roles, like COO Tata Capital, Group President Yes Bank and President Axis Bank. She is now serves on the board of companies like Vodafone Mobile Services, Mahindra First Choice and Whirlpool India. She is the founder of boutique consultancy firm Families and Businesses (FAB).
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What better way to begin the book than the story of Dabur and Lite Bite foods. The life of Amit Burman is the best case study any management student should have and the books give in detail how Amit, started off with Real Juice. The struggle he had to face in the initial stages. In a community that is obsessed with sugary juices, Amit's idea of sugarless preservativeless juice did not workout well. On getting a second chance, amit, with his team impecabbly established the brand to finally merge the same to Dabur Group thereby making himself jobless. From there how Amit Burman started off with Lite Bite foods and through trial and error, attained success is not less spicy that any fiction thriller. I genuinely expect to see a Bollywood movie on his life. So is the life of Harsh Mariwala of Marico Ltd. While Amit Burman and Harsh Mariwala follow more or less a similar line, that of Kuldip Singh Dhingra and Gurbhajan Singh Dhingra of Berger is way apart.
Kuldip and Gurbachan had to start from the scratch. Hence I would not find the term Inheritor appropriate in their case. Post the demise of their fathe Late Niranjan Singh, Kuldip and Gubhajan were the poor cousins in the family who were looked down upon. They were not given the due respect and support from the family. Same is the case of Motilal Oswal and Ramdeo Agarwal of Motilal Oswal Group. In fact I would wonder how the name inheritor suit them at all. As far as I could comprehend, they are the first generation since they were not as flourished as compared to the rest and how they made it to the harward Business School as a case study seems like a fairy tale. But no, it is sheer hard work.
Agastya Dalmia of Keventers , Rishabh and Saloni Shroff of Cylril amarchand Mangaldas and Pooja Jain of Luxor are the inheritors in the truest sense, who inherited their father's business and made it manifold. Tara Singh Vachani of Max Group, and Arjun Sharma of Select group are the two inheritors who in-spite of inheriting a successful business.
The book is truly inspiring and unputdownable. It is an asset to all aspiring businessmen and women.
The above lines quoted by Mr. Anand Mahindra is a fact that one cannot deny believing and working accordingly. Stories hold immense power. Power to heal, motivate and achieve new heights.
The book by Sonu Bhasin is something that should be read by every youngster whether he or she aspires to be an entrepreneur or not. The book does not restrict itself to a certain bunch of people. Perhaps, this book is something that should be read by all age groups irrespective of their work field. The book is written with a unique and powerful theme with original writing style; the book tells stories of top entrepreneurs in India including Dabur, Keventers, Berger Paints etc., their struggles despite being a part of family business. The urge to work hard every time they fail and never giving up spirit helped them to achieve new heights. However, the stories also clear a big myth that just born with a silver spoon has nothing to do with hard work and success. Success has no shortcut and the road is same for everyone who wants to be on top. The book holds immense grip and reveals a lot of interesting facts that in general people do not know. Overall, a must read for every age group and highly recommended to those who want to be an entrepreneur.
Afterall as Mr. Anand Mahindra says, “Learning from someone else’s success story is a very powerful incentive to fashion your own“.
What I learnt from these stories is that as Rome was not built in a day and most of these family owned businesses started from a scratch, some based on intellect and some on physical labour. But all these businesses had one thing in common: Hard work and sheer diligence.
It is not a guide to start a business. But we learn from the book is that hard work pays. It also helps us understand that values like honesty, openness, hard work and culture are very important in everything we do and also in business.
Each account ends with a Conclusion part, which sums up the important parts of the story. This is followed by references which are vast, reflecting the amount of research that has gone into the book.
The language is simple, the stories flow beautifully, but mind you, it took me a long time to finish the book as I was relishing each story.
This is one book that I would recommend to everyone, not for the detailed stories they have, but for the way the author has presented these stories which teach us so many values.
Most recent customer reviews
I have read this book and in my personal opinion this book hold s a genuine n true picture what happens inside family businesses!Read more
So I have actually met the author of this...Read more