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Harvard Business Review
30 minutes ago
- Business
- Harvard Business Review
From Single Stock to Diversified Portfolio: Mastercard Foundation's $42 Billion Asset Management Launch
(No reviews yet) Write a Review MSRP: Was: Now: $11.95 (USD) Quantity price applied Format information (No reviews yet) Write a Review Item: # 225096 Pages: 32 Publication Date: June 30, 2025 Publication Date: June 30, 2025 Source: Harvard Business School Related Topics: Summaries and excerpts of the latest books, special offers, and more from Harvard Business Review Press. Loading shopping cart, please wait...
News18
7 hours ago
- Business
- News18
Success Story: He Used His 'Middle-Class Habits' To Build A $500 Million Business
Last Updated: Success isn't reserved for the wealthy or famous as evident in Sameer Maheshwari's story that shows how discipline and resilience can turn humble roots into extraordinary success Success Story: Many assume that success is only for those born into wealth, fame, or influence. However, true success often stems from perseverance, hard work, and self-belief. Countless inspiring stories prove that individuals from modest backgrounds can achieve remarkable heights by overcoming setbacks and persisting through adversity. Sameer Maheshwari's journey is one such example, demonstrating how dedication can transform dreams into reality. Humble Beginnings In Jaipur Raised in a middle-class Marwari family in Jaipur, Rajasthan, Sameer grew up understanding the value of every rupee. Luxury was rare, reserved only for special occasions. This upbringing instilled in him the virtues of saving, discipline, and appreciating life's simple joys. Sameer studied at IIT Delhi and later earned his MBA from Harvard Business School. Despite his elite education, he credits his early family values for shaping his mindset and business approach. In 2015, they spun off 1MG, which later became part of the Tata Group. By 2022, Healthkart had raised $135 million, reaching a valuation of $500 million (approx. Rs 4500 crore). The 'Middle-Class Operating System' Sameer still embraces his middle-class habits, carefully weighing purchases and seeking value in every deal. He refers to this approach as his 'middle-class operating system', a mindset rooted in simplicity, discipline, and thoughtful decision-making. A viral LinkedIn post by Sameer reflected on his upbringing, highlighting values such as saving, valuing needs over wants, and finding happiness in little things. His story struck a chord with many, reinforcing that success isn't about privilege but about mindset and effort. A Legacy Of Perseverance Sameer Maheshwari's story is a powerful reminder that passion, discipline, and resilience can defy all odds. Success is not about where you begin but how far you're willing to go. Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
India.com
8 hours ago
- Business
- India.com
No inheritance, no support, how this IITian from a middle class family build a company worth Rs 4,500 crore company, his name is..., business is...
No inheritance, no support, how this IITian from a middle class family build a company worth Rs 4,500 crore company, his name is..., business is... Many people think that to become really successful, you need a big name, lots of money, or special privileges. But Sameer Maheshwari's story shows that this is not always true. He is the founder and CEO of HealthKart, and his journey proves that hard work and staying grounded matter more than anything else. Even though Sameer studied at top places like IIT Delhi and Harvard Business School, his real strength came from growing up in a simple middle-class home in India. He did not inherit any wealth but he built everything on his own. Today, Sameer has built a company worth around Rs. 4,500 crore. But even with all this success, he never forgot where he came from. Staying true to his roots became his biggest strength. Let's take a look at the inspiring journey of Sameer Maheshwari and how he achieved such big success. Who is Sameer Maheshwari? Sameer Maheshwari lives in Gurugram and started HealthKart in 2011. By November 2024, his company had grown to be worth around Rs. 4,500 crore (about USD 500 million). In a recent post on LinkedIn, Sameer shared a bit about his early life. He said he grew up in a home where nothing came for free, everything had to be earned. There was no inherited money, no financial backup. This meant he always felt the pressure to do well, because failure wasn't an option as there was no safety net to fall back on. But instead of becoming negative about this, Sameer used it as a strength. It taught him how to keep going, stay strong, and make his own path. He says that this real-life experience is what pushed him to become an entrepreneur and start something of his own. When Sameer Maheshwari was a boy, even getting a cricket bat wasn't easy. He could buy it only after proving himself in one match after another. Since then, he has believed that anything worth having must be earned. Sameer says five lessons from his childhood still guide him every day: Respect every rupee. Spend wisely and make each coin count. Know the difference between needs and wants. Fancy things are nice surprises, not automatic rights. Save first, spend later. Live within your means and plan for tomorrow. Be grateful. Focus on what you have instead of chasing what you don't. Use comparisons as fuel, not fear. Let other people's success motivate you, not make you feel small. Even now, with plenty of money, Sameer still acts like the middle‑class kid he once was. He hesitates before buying pricey shoes and checks three or four websites to find the best deal. For him, that habit is less about rupees and more about his inner 'middle‑class operating system.' It keeps him grounded, thrifty, and self‑reliant.
India.com
11 hours ago
- Business
- India.com
Once denied permission to stay at Wipro guesthouse, now serves as chairman of same company; he is...., father is...
India has produced several philanthropic leaders. It is impossible to mention the names of prominent donors without including Ratan Tata, Azim Premji, Sudha Murthy, Nita Ambani, Shiv Nadar, and Anand Mahindra. Azim Premji is a figure known better for his philanthropy work than his business acumen. Interestingly, Azim Premji has transferred his entire business to his son. The information technology giant, Wipro, established by Azim Premji, has now been passed down to his son, Rishad Premji. Who is Rishad Premji? What role does he hold in Wipro? Rishad Premji, like his father Azim, is recognized for his humility. He joined Wipro in 2007 and worked in several roles before becoming Executive Chairman in 2019 — including General Manager in the Banking and Financial Services business, Head of Investor and Government Relations, and Head of Strategy and M&A. He also holds directorships across various Azim Premji philanthropic entities. In 2014, Rishad Premji was recognized as a Young Global Leader (YGL) by the World Economic Forum due to his outstanding leadership and commitment to society. At present, Rishad Premji is the Executive Chairman of Wipro Limited, a consulting-led and AI-powered global information technology services company. He serves on the boards of Wipro Enterprises, Wipro-GE Healthcare, and the Azim Premji Foundation, which works to improve public school education, healthcare, and livelihoods across several Indian states. He also holds directorships across various Azim Premji philanthropic entities. According to the official website of Wipro, Rishad served as Chairman of NASSCOM, the trade body representing India's technology industry from 2018-19. Before Wipro, Rishad worked with Bain & Company in London and GE Capital in the US. Speaking about his educational qualification, Rishad has an MBA from Harvard Business School and a B.A. in Economics from Wesleyan University. In 2005, Rishad got married to Aditi, his classmate at Harvard Business School, in a simple ceremony. Rishad and Aditi have two children, Rohan and Riya. Azim Premji was born on 24 July 1945 and Wipro was established shortly after on 29 December 1945. At the age of 21, after the death of his father, Azim Premji took over Wipro and built it into one of the biggest IT companies in the world and raised his children with the same principles he has gained from his father. A great example of his values was when Rishad Premji was in London and asked to stay at Wipro's guesthouse. Azim Premji said no, because it is a company property and not a place for personal use.
Harvard Business Review
a day ago
- Business
- Harvard Business Review
Shake Shack's Digital Playbook: More Tech, Same Hospitality?
Shake Shack started in 2001 as a hot dog cart in New York City's Madison Square Park. It's now a global fast-casual restaurant chain renowned for both quality and hospitality. In 2024, following a rapid rollout of digital tools like kiosks and mobile ordering, Chief Growth Officer Stephanie So found herself asking, had Shake Shack built a model that could truly scale, or one that still needed work? That question came during a leadership transition and amid ambitious plans for growth. Digital orders were up, and average check sizes were higher, but the shift also raised new challenges. Would automation undermine the guest experience or change what it meant to work at Shake Shack? Could personalization and operational efficiency coexist with the company's hallmark hospitality ethos? Harvard Business School professor Chris Stanton joins So and host Brian Kenny to discuss the case ' Shake Shack's Playbook for the Digital Era.' Together, they explore what it means to scale hospitality in a tech-driven industry and how Shake Shack is balancing brand values, digital adoption, and the evolving role of its frontline team.
