Revealing the Secrets behind Marwaris Success in Business

BENGALURU: Hailing from a South Asian ethnic group of Rajasthan region, the Marwari community has dominated the business scene for a longtime in Indian history. Thomas Timberg, author of ‘The Marwaris: From Jagat Seth to the Birlas’ reveals the secrets of Marwari businessmen that are valid, and will endure for a long time to come in one of his blogs in Economic Times. Given below are few secrets that make Marwaris so good in business.

Right Decision

Marwaris are skilled people with vast knowledge of investments and financial sector. With this ability, Marwari business firms and business groups are able to focus on two major functions that have made them what they are today. Strategic management of investment and keen financial monitoring in which they have share are the functionalities that help them in making right investments at the right time and make a huge profit out of investments.

Get the Job Done

In order to be at the top of your business one should know how to delegate, if not, the duration of economic activity would be reduced. Besides, they also must know when to intervene to monitor the delegated work, whether it is being done properly or not.

The Right Attitude

Marwaris are very particular about their work and have a unique way of doing business. They follow a systematic approach to evolve from an entrepreneur to inheritors.

Expansion is the key

One key factor that helps an entrepreneur grow successfully is the willingness and courage to expand the business. Marwaris have this factor in their blood; evidently many big entrepreneurs in India belong to this community.

Being Loyal

With their unique style and corporate culture, Marwaris have definitely exhibited dignified office decorum, which suits the current market and times. Loyalty is another major factor in the business world and Marwaris are the synonym for loyalty. By staying loyal to their customers they are able obtain more business and in turn increase their reach.

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