Some of these names are first or second generation millionaires. Their example serves to remind the common man that determination, hard work and clear goals, with commitment to one's goal and a willingness to solve the society's felt problems can take you really very far from the days of poverty and penury.
This is particularly true where cases like that of the Ambanis come. Mr. Dhirubhai had identified a glaring gap in the Capital market, the small man's inability to get shares of high performing companies. By simply reversing the pattern of allotment of shares to the applicants, he created revolution in the Indian Capital market. He solved some of his potential troubles in the critical years of growth also by this method. His technique of creating customer loyalty as well as Investor fidelity through discount schemes linked to equity holdings was also novel and ensured an unending demand for his shares.
There are hundreds of such openings in the Market of today for the right entrepreneurs. The common man is best suited for such ventures, since the big ones are too busy wasting their resources in mutual rivalry .
2007-03-16 02:07:21
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answer #1
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answered by Anonymous
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If the common man is willing to do what those people do common man can also benefit very well: Some hard work, lots of connection at the right places, doing the right thing at the right time, willing to sacrifice personal time, willing to take unprecedented risks, willing to be scrutinized by the public, use mind intellgently / smartly and wisely, not sleep until the task is done, demand the best talent....willing to pay bribe (hopefully we have a handful of richeees who will come out and say "not me! not one rupee of my wealth was earned because I paid bribe! and to the contrary I lost money because I refused to grease the palm of "you know who"')
then common man will also raise the bar...
Common man is so pre-occupied with every day life - commute, electricity, water... he needs to look beyond this and break away from the routine then he can also benefit
2007-03-16 02:04:09
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answer #2
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answered by Hungry soul 2
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No! In the country of extreme diversification, its always possible to stay together with deep difference. Its just another result of globalisation and there won't be any change n the life common man, until and unless those richest people have the will to make so.
2007-03-16 01:54:01
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answer #3
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answered by S K 2
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Inspiration man .At least if we are in need of some urgent money we have the garib raths or the Deccanplanes to reach us to one of the 30 richest people locally in India.We do not have to waste foreign currencies
2007-03-16 01:58:06
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answer #4
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answered by Tap Andas 2
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There will be no legitimate effect until India resolves it's money distribution problems. I understand their trickle down economics to be an extremely slow drip at best.
2007-03-16 01:57:01
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answer #5
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answered by Jeff W 2
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They can clap and argue with foreigners about their intellectual supremacy and culture. They can close their eyes about polluted rivers and open air toilets.
2007-03-16 03:48:26
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answer #6
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answered by liketoaskq 5
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They can feel proud about it. May be dream that one day they also can become one of the billionares
2007-03-16 03:16:48
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answer #7
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answered by buntyblack 1
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oh it kinda surprising. desis here in the philippines are borrowing money from us filipinos. they sell dvds and usually ride in motorcycles. in simple words, they are ONE OF THE POOREST PEOPLE IN THE PHILIPPINES. LOL
2007-03-16 01:57:57
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answer #8
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answered by Anonymous
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He wont. Less money in it for him
2007-03-16 01:47:05
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answer #9
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answered by rostov 5
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hmm i think nothing !!!
2007-03-16 01:53:53
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answer #10
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answered by shreys 3
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