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Raj Shamani's Figuring Out cover image

Ankur Warikoo On Money, Becoming Rich, Content Creation, TATA & Hustle Culture | FO 190 Raj Shamani

Raj Shamani's Figuring Out

NOTE

Wealth Display, Tata's Modesty, and Trust Building

The idea of flashy displays of wealth is considered inappropriate and incompatible with the culture, a concept which Tata Group adheres to by avoiding such displays. Despite owning luxurious possessions like planes and cars, Tata's founder Ratan Tata does not flaunt them publicly. Instead, he is known for his humility and focusing on the company's achievements. Additionally, the trust is built not by avoiding mistakes, but by owning up to them before others notice. This approach of taking responsibility for errors before being called out has significantly contributed to building trust in Tata Group's dealings.

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