Lakshmi Mittal is an Indian business tycoon living in the UK. He is the Executive Chairman of ArcelorMittal, the world’s largest steel-making company. According to Forbes his net worth is 1830 crore USD. In today’s article i shared one of the inspiring Lakshmi Mittal quotes for young Indian entrepreneurs.
Everyone experiences tough times, it is a measure of your determination and dedication how you deal with them and how you can come through them.
At the end of the day you have to keep emotions away.
This is not about creating a giant. It’s about creating the sustainability of the steel industry
In the past twenty years, we have lived through several cycles and we have always managed to buy under good terms and conditions at the right time. This has enabled us to build a solid group that is now the world number one.
When people can see which direction the leaders are going in it becomes easier to motivate them.
I built a steel plant from the grassroots, so I learned all the nuts and bolts. When there was a problem, I would be able to guide them, though I am not a technical person.
The torch relay is an excellent embodiment of all that the Olympic Games have come to symbolise a celebration of the human spirit. Personally to me, it represents striving to be the best in whatever we do, never giving up despite the odds, and a commitment to health and fitness.
We are beginning to see the benefits of global consolidation.
Always think outside the box and embrace opportunities that appear, wherever they might be.
Hard work certainly goes a long way. These days a lot of people work hard, so you have to make sure you work even harder and really dedicate yourself to what you are doing and setting out to achieve.
It is a high for me. It is my biggest and most satisfying deal.
In our industry today only a strong company with a global reach can ensure long-term employment and provide acceptable returns for shareholders.
If you want to grow you have to do something different from the majority of people.
In business life, first of all, you need to have commitment, dedication, and passion for what you are doing.
Knowledge is the key. Use this knowledge to grow.
Bold decisions can be a very transformative decision. Analyse and take bold decisions.
I’m not a person who sets very high goals, my goal posts keep on changing as we move forward in life. It’s always been one step forward. Always make small steps forward, you become stronger and you gain confidence, then you change your goal posts again.
During an economic crisis, there has been and will always be exciting opportunities.
Differentiate yourself from the rest.
I don’t like addiction as it could distract me from my focus
Set small goals in life your, accomplish those goals, get experience, and then take bold action.
Be a leader in your field
Find and implement a success formula that works to build your empire.
When I think about parallels between myself and an Olympian, I believe that success in the world of business is underpinned by very similar principles of perseverance and hard work.