Earlier in the week, Tata Trusts’ Chairman Emeritus and the nation’s most loved businessman, Ratan Tata, took to the social media platfrom, Instagram, sharing his wisdom with entrepreneurs, advising them to ‘adapt and create’, in order to tide over challenging times faced by businesses and the economy, due to the coronavirus pandemic.
“It can all start on a clean sheet of paper that looks at ways of doing things that were never thought of before. This crisis will force entrepreneurs to adapt and create,” he wrote on 11th May, 2020, adding, “In past difficult times, entrepreneurs have displayed far sightedness and creativity that could not have been believed to exist. These became the flagpoles of innovation and new technology today. I hope that the ability to find another way to build a product, run a company, run operations a better way, will emerge as an outcome of the current crisis.”
Tata hoped that entrepreneurs will find ways to run their operations in a better way, reiterating that he was confident in the inventive nature and creativity of entrepreneurs to find ways to modify businesses into benchmarks for tomorrow, despite the current challenges and difficulties.
Known for his inclination towards promoting emerging start-ups, he recently invested, in his personal capacity, an undisclosed amount in an 18-year-old entrepreneur’s pharma start-up, termed ‘Generic Aadhaar’. He has so far invested in over a dozen start-ups – including Ola, Paytm, Snapdeal, CureFit, Urban Ladder and Avanti Finance – since he retired as Chairman from the Tata Group, in December 2012.