Respected and valued by countless individuals, Narayana Murthy is a prominent figure because of his invaluable contributions. He is acclaimed for being a luminary in the world of management. But do you know how many job opportunities he rejected before founding Infosys. Here’s his success story.
Success Story: People with vision are always clear about their goals and put everything into achieving them. Today, we are going to talk about a man who built a company worth Rs 7,86,000 crore. Throughout his journey, he faced several challenges, and there was a time when he received job offers from top companies like Air India and even Ratan Tata’s Tata Group. However, he rejected all these tempting offers and stayed focused on his goal. Narayan Murthy is an inspiring figure and a role model for the younger generation. His principles are admired by millions, and he is considered one of the sharpest minds when it comes to management.
Today Narayan Murthy is a well-known person and a successful businessman not only in India but in the world. He is the founder of IT giant Infosys and also known for philanthropic initiatives.
Narayan Murthy’s Unknown Facts
A lesser-known fact is that after earning his master’s degree from the highly respected Indian Institute of Technology (IIT) in Kanpur, Narayana Murthy faced a pivotal career choice as he ventured into the corporate world. He was sought after by several big-name companies, such as Air India, TELCO, and TISCO. But instead, Murthy made a surprising decision – he opted to take up the role of chief system programmer at the Indian Institute of Management (IIM) in Ahmedabad.
Why Narayan Murthy Rejected Lucrative Jobs
It was indeed a tough decision for Narayana Murthy when he decided to give up several highly lucrative roles. The question that pops up is why he chose to become the chief system programmer at IIM-A, rather than banking on those profitable opportunities.
Murthy is known for making tough decisions and the perfect example for this is he rejected several job offers. To some, it may seem strange that he would turn down wealth-generating opportunities to take up the role of Chief System Programmer at IIM-A.
Narayan Murthy and IIM-A
In 2019, Murthy disclosed in an interview that he had decided to join IIM-A because it was going to install the first time-sharing system in the country.
“So I was the only person from my batch of 16 students to have taken half the salary in quest of learning about a modern operating system, about the opportunity to interact with very bright students, about the opportunity to create lots of interactive lessons using computers for students in accounting, in simulation, in finance, in production, etc. So therefore I chose that path and that’s probably the best decision I made in my life,” Murthy said.
Narayan Murthy’s Net Worth, And History Of Inofsys
Narayana Murthy’s career journey commenced with an earning considerably less compared to his current net worth, which stands at Rs 530 crore today. Way back in 1981, along with six other tech enthusiasts, he laid the foundation of Infosys, beginning with a modest investment of Rs 10,000. Presently, Infosys stands tall with an impressive market capitalization of Rs 786,000 crore.
Married to the renowned educator and writer, Sudha Murty, Murthy shares his life and home with their two children. Their daughter, Akshata Murty, is wedded to Rishi Sunak, who holds the esteemed position of Prime Minister in the United Kingdom.