Gautam Adani, the Chairman of Adani Group, who bounced back within a year from the savage attack by Hindenburg Research in January last year which seemed to have sunk his conglomerate, put his life under the lens for young entrepreneurs at a private event recently. Speaking at a YPO (Young Presidents Organisation) event, Adani narrated how India's economic liberalisation set him off on an adventurous entrepreneurial journey, how he expanded his small export business into a conglomerate, and how he often fell down but then managed to bounce back.
Telling YPO members, all young CEOs, how he didn't fear getting lost or falling down and managed to find his way and get back up, Adani gave five principles which could be useful for all of them.
Starting off with his own experience of accusations by American short-seller Hindenburg Research against his business and the subsequent meltdown of his group stocks, Adani said all success will come with its challenges and its challengers. «Every fall comes with its pains, but every rise comes with its gains. This gain is called resilience. And in the game of resilience, your mind will be both – the battleground and the weapon,» he said.
Despite the efforts by Hindenburg to shake his