Rag to Riches

Rag to Riches.

Two such interlinked stories from Tamil Nadu.

Excerpts.
V.G. Panneerdas’s story is a Profile in Courage, of indomitable Will of dedication, of hard work and of smart thinking and of high ideals and goals he set for himself.
1955, he opened a shop selling items such as alarm clocks, watches, and wall clocks. He was the pioneer in South India to introduce Hire Purchase for everyday goods.
He pioneered the idea of “Buy Now, Pay Later” concept for consumer goods and later real estate.
He came empty-handed to Chennai and he and his brother built an empire.

Next story about a gentleman who joined from the above VGP company and grown to great heights after starting his own.

Excerpts
H Vasanthakumar of Vasanth and Co offers a glimpse into his extraordinary journey, from a small town youngster to a self-made business tycoon.
Vasanthakumar, who started his career as a salesman, today owns a retail empire
In his own words.
My brother introduced me to VG Panneerdas’ firm and I joined as a salesperson at a salary of Rs 70 per month in 1971.

After 7 years he ventured on his own and made consumer goods as his business and now runs a 900 cr turnover company.

A touching story of two great business empires.

Detail links in the comments.


https://www.infoqueenbee.com/2008/03/true-story-of-rise-and-growth-of.html


https://www.dtnext.in/News/City/2016/01/23190203/Confidence-hard-work-essential-for-successsays-H-Vasanthakumar.vpf


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