Monday, August 13, 2012

“The biggest mistake of my life was that i believed in the stock market in 1999.”

He came, he saw, he conquered ... Subhash Chandra, the media maverick, in an exclusive conversation with B&E, shares the eventful ups and downs that he faced during his journey to the top

B&E: When was it that you realised that it’s time that you hand over your major business responsibilities to the next generation? What was it that prompted the thought?
SC: The next generation has been a part of various businesses within the group for several years. They have proved their mettle and are leaders in their own right. In fact, I feel the takeover process has actually been gradual.

B&E: What is the most defining moment of your life? Something that changed your entire life...
SC: It was the day when I was asked to leave the College of Engineering as my family could not afford the fees and expenses. If that wouldn’t have happened, life would have been on a different path.

B&E: When are you planning to take full retirement from all business responsibilities?
SC: Currently my role in the group is that of a mentor. As far as full retirement is concerned, you will surely come to know when I take this decision.

B&E: 10-15 years down the line, where do you see your group with the next generation completely in charge of all business responsibilities? 
SC: I see each company in the leadership position in their respective industries.

B&E: What is your biggest strength as a businessman?
SC: To see a business opportunity ahead of its time and back it up passionately.

B&E: What is one thing you have learned the hard way from life?
SC: Never give up. Even if you fail initially, you need to be persistent and keep trying until you succeed.

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