4. Stay strong

Mukesh Ambani joined his father's business at a very young age. While he was still learning the nuances of the business, he lost his uncle and his father's business partner Rasikbhai in 1986.

This was followed by Dhirubhai Ambani's stroke within five months of his uncle's death. Ambani then had to take his father's place and steered the company forward at a time when India still had Licence Raj.

5. Credibility is a safeguard

Whether your team needs you, or your competition - be there on both occasions to give your fullest. Understand, innovate and prepare for the future.

You settle into your resting chair, and you will be the biggest loser. Credibility is something that needs to be safe-guarded beyond your cash inflow and outflow.

6. Keeps your eyes open for opportunities

Mukesh Ambani keeps his eyes wide open when it comes to hunting for new ventures. During the announcement of Reliance Jio initiative, Ambani had clearly said, "Today I see a billion people as a billion potential consumers, an opportunity to generate value for them and to make a return for myself".

With start-ups mushrooming in the country, Ambani has now turned his eye at it and will soon be seen mentoring technology start-ups that spawn billion-dollar businesses in the country.