Page 70 - #letter to son
P. 70

#SangamNiti                                EVENING REFLECTIONS
        The funny thing as I have found is that conviction is identifiable,
        indestructible and wholly transferable. Oh, the powers of conviction!
        Our channel, Hindi Khabar, has faced several existential threats. Yet,
        we have found that someone has always come forward and bailed us
        out – through equity or through sound advice. They believed in the
        conviction with which the venture was started. They believed in us.

        We have often said that our channel is like the yagna and the sacred fire
        is kept aglow by someone always being ready with the aahuti. How true
        is this representation.


        There are many instances of giant institutions that started life as a tiny
        humble seed. Let me take you back to the forests here. Studies have
        shown that a bamboo tree shows little growth for the first five years. But
        then, in just three months, it grows more than 80 feet tall. All these years
        were spent in strengthening the roots to achieve the eventual height.
        Just like the bamboo tree, great businesses take time to build.


        Take the instance of Tata Steel, the greatest Indian entrepreneurial
        venture that was meticulously planned over 10 years. By learning
        from the iron-making experiences of some of the stalwarts of that
        time, the founders eventually figured that the only real and sustainable
        competitive advantage lay in getting advanced technology, securing
        coal and iron ore as key raw material resources, and persevering with
        the venture over the long haul. Planning these took them many years
        from inception to production. They invited foreign specialists to train
        Indians in steel-making and in building organisational capabilities from
        scratch.


        At about this time, World War I happened that meant the English and
        the French desperately needed steel. Tata Steel expanded capacity with
        energetic planning  and Charles Perin, one of  the pioneers of steel-
        making of the olden times, despatched to India a mind-boggling 700,000
        tracings and 3 million blueprints between 1917 and 1920. Think about
        that for a second. The far-sighted vision of the founders, meticulous
        planning over the years and unalloyed passion comprised

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