Quote of the Day by steel tycoon Lakshmi Mittal, ‘Entrepreneurship is about being able to face failure…’ - News Summed Up

Quote of the Day by steel tycoon Lakshmi Mittal, ‘Entrepreneurship is about being able to face failure…’


Lakshmi Mittal's career Born in 1950 in Sadulpur, Rajasthan, to Mohan Lal Mittal and Geeta Mittal, Mittal studied commerce at St Xavier’s College, Kolkata. He began in his family’s steel business before striking out on his own in 1976 with the acquisition of a struggling mill in Indonesia. Beyond business, Mittal has invested heavily in education and healthcare. Role of hard work Mittal adds another dimension with his belief in effort. Lessons for Readers Mittal’s philosophy offers clear lessons:Normalise failure: Treat setbacks as data, not verdicts.


Source: Mint March 31, 2026 10:34 UTC



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