Ratan Tata: The MOST Eye Opening 10 Minutes of Your LIFE [2023] | Ratan TATA Motivational Speech
Summary
TLDRThe speaker emphasizes the importance of pursuing one's beliefs and ideas, even when they are challenging and risky. He reflects on his upbringing in a traditional environment where experience was valued over innovation. The speaker praises the new generation of Indian entrepreneurs and urges support for their endeavors, highlighting the need for pride in being Indian and the potential for India to become a global leader in innovation and enterprise. He also shares his personal journey and the transformation he has witnessed in India, advocating for a merit-based society and the importance of maintaining principles.
Takeaways
- 🌟 People should pursue what they believe in, even though it's often the most difficult and riskiest path.
- 👨🏫 Growing up, many were told to gain experience before speaking up, but modern enterprises value young ideas and innovation.
- 🚀 India is evolving into a hub of entrepreneurship, innovation, and enterprise, and this should be supported and nurtured.
- 🇮🇳 Indians should reclaim pride in their country and work towards becoming leaders on the global stage, not just within the nation.
- 🧠 India's history of entrepreneurship spans various industries, from agriculture to cottage industries, and should now expand into cutting-edge fields like life sciences and stem cells.
- 🧑💻 The young generation in India holds the key to the country's future success, with new ideas in e-commerce, retail, and medical innovation driving this wave.
- 💼 The speaker feels regret for not being younger to participate in India's entrepreneurial boom but expresses optimism for the future.
- 🌐 The rise of the digital world has revolutionized opportunities, offering merit-based success over traditional networks and connections.
- 🛠 Tough decisions often feel lonely for leaders, but it’s important to do what one believes is right, even against opposition.
- 🏆 The speaker is proud of having witnessed India’s transformation into an open economy and hopes to see it continue growing into an economic powerhouse with equal opportunities for all.
Q & A
What is the main message the speaker wants to convey about doing what is right?
-The speaker emphasizes that individuals should pursue what they believe is right, even if it is the most difficult and risky thing to do, especially when they have a strong conviction in their ideas.
How does the speaker describe the traditional approach to sharing ideas in the workplace?
-The speaker describes a traditional approach where one had to gain experience, often by working on the shop floor for years, before being allowed to voice their ideas or suggestions to their superiors.
What change does the speaker highlight in the modern enterprise environment?
-The speaker highlights a shift in the modern enterprise environment where young individuals with innovative ideas are encouraged to find ways to implement them, rather than being held back by a requirement for extensive experience.
What does the speaker suggest is needed to support new ideas and innovation?
-The speaker suggests that support and a sense of pride in one's work are needed to foster new ideas and innovation. There should also be a willingness to not be satisfied with the status quo and to strive for leadership on a global scale.
How does the speaker express the importance of pride in being Indian?
-The speaker expresses the importance of pride in being Indian by stating that citizens should take pride in their identity and contribute to the country's progress, with a particular emphasis on supporting young Indian engineers and scientists.
What does the speaker refer to as the 'Indian tiger' and why should it be unleashed?
-The 'Indian tiger' is a metaphor for the potential and power of India. The speaker believes that this potential should be unleashed to its full extent, implying that India has not yet reached its full capabilities.
What does the speaker see as the new face of India?
-The speaker sees the new face of India as one of entrepreneurship, innovation, and enterprise, with a focus on non-traditional, innovative, and sometimes risky ventures that can make a significant impact on the world.
How does the speaker view the role of traditional industries in the future of India?
-The speaker views traditional industries as still important but predicts that they will recede into the background compared to the excitement, innovation, and ingenuity of new startups and young entrepreneurs.
What does the speaker suggest is important when going to bed at night or waking up in the morning?
-The speaker suggests that it is important to feel that one has not sacrificed their principles, emphasizing the importance of integrity and ethical behavior in business and life.
How does the speaker reflect on the growth of their industry without succumbing to unethical practices?
-The speaker reflects positively on the growth of their industry from about 5 billion to 100 billion, stating that it was achieved without participating in any subjective or unethical practices.
What does the speaker express as their dream for the future of India?
-The speaker's dream for the future of India is to see it grow and become an economic power, providing equal opportunities for all Indians in a united form where all laws apply to all Indians as one.
Outlines
🚀 Encouraging Innovation and Entrepreneurship
The speaker emphasizes the importance of pursuing one's beliefs and taking risks to make a difference. They reflect on their upbringing, where experience was valued over ideas, contrasting it with the modern enterprise culture that encourages young individuals with innovative ideas to implement them. The speaker calls for support for these young minds and expresses pride in being Indian, urging the audience to look beyond national boundaries and aim for global leadership. The script also highlights the potential of India's youth in various fields such as e-commerce, medical sciences, and technology, envisioning a new India driven by innovation and enterprise.
🌱 Growth and Principles in Indian Industry
The speaker shares their personal journey and insights on the growth of the Indian industry, from a controlled economy to an open one. They express pride in having grown a business without compromising on principles and highlight the importance of maintaining integrity in business operations. The speaker acknowledges the new generation of startup founders as the future leaders of Indian industry, recognizing the shift from traditional industries to innovation-driven ones. They also discuss the importance of learning and adapting to new technologies and concepts, inspired by the innovative spirit of the youth, and the merit-based opportunities that the digital world offers.
🌟 Vision for a Prosperous and United India
In the final paragraph, the speaker outlines their vision for India as a global economic power and a nation of equal opportunities for all its citizens. They advocate for a united India where laws apply equally to everyone, and express hope for the country's continued growth and prosperity. The speaker also reflects on the challenges and loneliness of leadership, the importance of mentorship, and the desire to make a lasting impact. They conclude with gratitude for recognition and a reaffirmation of their commitment to India's transformation and future success.
Mindmap
Keywords
💡Entrepreneurship
💡Innovation
💡Enterprise
💡Risk
💡Pride
💡Leadership
💡Experience
💡Economic Power
💡Opportunity
💡Transformation
💡Merit-Based
Highlights
The importance of doing what one believes is right, despite the difficulty and risk involved.
The shift from needing experience to speak up to supporting young entrepreneurs with innovative ideas.
The need for support and pride in the new generation of Indian engineers and scientists.
The call for not being satisfied with the status quo but striving to be global leaders.
The pride in being Indian and the enthusiasm for the new India of tomorrow.
The concept of 'unleashing the Indian tiger' as a metaphor for the country's untapped potential.
The new face of India characterized by entrepreneurship, innovation, and enterprise.
The historical context of India as a nation of entrepreneurs and its evolution towards innovation.
The potential for India to lead in areas such as medical remedies, life sciences, and technology.
The privilege of witnessing the beginning of a new wave of Indian innovation and enterprise.
The regret of not being younger to participate more actively in the current entrepreneurial climate.
The belief in the power of principles and operating without succumbing to corruption.
The growth of the Indian industry from traditional to innovative and the role of young founders.
The inspiration drawn from the innovativeness and imagination of young entrepreneurs.
The transition of India from a controlled economy to an open one and the speaker's pride in this transformation.
The speaker's dream for India's future as an economic power with equal opportunities for all.
The personal reflection on the importance of making a difference and the fear of retirement.
The acknowledgment of the loneliness in decision-making and the value of good mentoring.
Transcripts
I think what I would tend to want to
convey is that people should do what
they believe is the right thing to do
however usually that's also the most
difficult thing too
and it's the riskiest thing to do but if
they believe in something
they should pursue it
I grew up in an environment where
if you had an idea
your boss or your manager
politely told you and sometimes not so
politely
that
you need to gain some experience before
you open your mouth
you need to roll up your sleeves and
spend five years on the shop floor then
you can talk
and that's not what Enterprises today
Enterprise today is an ability of
someone who may be in his twenties
who has a good idea
and he needs to find a way to implement
them and they should like I said earlier
try to make a difference
this is an area that needs all of our
support and
needs for us to be proud of what we have
but it needs for us to
be Keen to not be satisfied with what we
have but to go further and to be leaders
in the in the world not in the country
alone
we as a country or of the citizens of
our country need to get back the pride
that we should have
that we are Indians and that we should
be proud of
so my
enthusiasm in the new India tomorrow
continues to be there and continue to
feel the need to support
enterprising young Indian engineers and
scientists
[Music]
and all of us should be very pleased to
play this role and need to support this
because all of us should be Keen to
unleash the Indian tiger
we haven't done that as yet so let's all
put our hearts and souls behind the fact
that this is going to be the new India
of tomorrow and what we're seeing in
this building
is just to start just a nucleus or what
could be the new big big thing in the
country
[Applause]
walking around this tea half building
this this afternoon could not help me
could not but help me feel that I was
looking at a new face of India one of
the new faces of India
the face of Entrepreneurship
innovation
and
Enterprise
entrepreneurship and and the sense of an
Enterprise is not new in India
We're a nation of
people who have been shopkeepers
small cottage industry
managers and owners
we have done this over the years we have
been entrepreneurs be it in agriculture
be it and
in traditional Industries
and
Enterprises that are built on Innovation
that's in your mind
non-traditional
untried and sometimes risky
but that make a big big difference in
the World of Tomorrow
it changed the way we live it changed
changes what we hold in our hands in
terms of phones communication so
this is in fact the first look at the
new India of tomorrow
Day After Tomorrow Etc not only in
e-commerce not only in
in
retailing Etc
but in the exciting area of medical
remedies medical treatment stem cells
life sciences
and this can be the starting point of
that new wave
and so it's a great privilege to be here
today in events like this I would say
it's a great remorse uh remorse that
that I'm in my 70s and not in my 40s
because
at this point in time when the young
people
are coming into their own and having an
opportunity to express themselves to
innovate to establish Enterprises
and that's terrific and and that's what
I would have loved to participate in and
and I'm sorry that
our ages are different
times we have
we have suffered we have paid a price if
you might
uh
I think we also
gained a great deal of respect
and what I would say and I've told many
that there's something that is important
to me and that is to go to bed at night
or to wake up in the morning feeling
that we have not
sacrificed our principles
and anybody that says that you can't
operate in India without paying
I think needs to needs to look at us
as an example because we grew
and we grew
from about 5 billion to 100 billion
without participating in anything
subjective so
industry can grow in India
and you don't need to succumb I've
always been very upbeat about the
prospects and and potential of India
we're a country of over a billion people
and the startup industry and the young
founders of this industry
are the new leaders of Indian industry
the old smokestack Industries will
always be there but they will recede
into the background
in terms of excitement in terms of
innovation in terms of
ingenuity
and in many cases
and we hope in many more cases of great
success not only in India but elsewhere
in the world
saying to some of the young people we
have been meeting
that I'm the one who's going through the
learning exercise
because
many many
Concepts that you're being talked about
five years ago if you asked me I would
say I doubt that they would be workable
or successful but they are and
so the innovativeness and the
imagination of some of the young people
is is truly inspiring to to me because
it it shows a new kind of vigor
there's new technology in which the
digital world brings to to the table
and the reach is very different from the
brick and mortar and so it's a totally
new exciting area
it's it's
merit-based it's not whom you know and
who has got you started
so to me it's a very refreshing part of
a new India
as I look back over my years my family
never had money abroad to supplements so
I used to do other jobs to get the money
to live right
life changed in many ways some good some
bad
when you're a founder or you're the
chairman or the leader of a company
every tough decision is a lonely
decision
and you're very lucky if you're
surrounded by people who can provide you
with the right type of mentoring and the
right type of counseling
that take you through that decision most
of the time it's disagreement
on what should be done
go against your colleagues
and do what you believe is right
or
or fall in line with what they say
which which is often a difficult thing
because
you should be doing what you believe is
right
I've been fortunate to see the country
transition
from a controlled country to an open
economy I've seen it grow
and I feel extreme extremely proud and
and
happy to have been a part of this
great transformation
as the day got closer to retirement you
began to
[Music]
you feel afraid that
you didn't have enough to do or you
would not have enough to do and
over a period of time wherever I may be
may not be on this planet it would be
very hard heartwarming to think that you
made a difference my dream for the
future of India is to see India grow
continue to grow and become an economic
power
to be a country of equal opportunity
for all Indians in a United form where
all laws replied to all Indians as one I
believe this country is
a nation that we should all be proud of
and I hope that we can all play our
parts if there as we are
to make it the great power it needs to
be thank you again for this recognition
[Applause]
[Music]
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