Can a Production and Industrial Engineer Own a Company?

It is often said that the path to owning a company can be as diverse and inspiring as the individuals who embark upon it. From a humble petrol pump employee, such as Dhirubhai Ambani, who co-founded the India’s largest company, Reliance Industries, to the legendary cricket captain, Mahendra Singh Dhoni, who had a humble beginnings as a ticket collector in Indian Railways, these inspiring stories demonstrate that success is not confined to specific backgrounds or ages. The son of a fisherman, APJ Abdul Kalam, became the President of India, further proving the power of determination and hard work.

Key Figures and Their Success Stories

These success stories include:

Dhirubhai Ambani: An example of a petrol pump employee who co-founded Reliance Industries, the India's one of the biggest companies. Mahendra Singh Dhoni: A 60-year-old ticket collector in Indian Railways who went on to become a successful captain of the Indian national cricket team. Milkha Singh: A partition refugee who won hundreds of laurels for India, including Olympic medals. APJ Abdul Kalam: The son of a fisherman, who became the President of India, showcasing the potential of individuals from modest beginnings.

These examples illustrate that if individuals can achieve such feats, it holds a strong testament to the belief that anyone, regardless of their background, can become an owner of a company. Let's delve into the technical aspects and requirements to support this aspiration.

The Technical Aspects and Requirements

Education and Knowledge: While passion and determination are paramount, a formal education in production or industrial engineering is often a necessity. You must have a degree as well as knowledge in specialized areas such as manufacturing processes, quality control, supply chain management, and production planning. This knowledge equips you with the necessary tools to manage a company efficiently.

Managerial Skills: Running a company requires strong managerial skills. This includes effective leadership, financial management, strategic planning, and the ability to motivate and lead a team. Industrial engineers can leverage their analytical and problem-solving skills to excel in these roles.

Passion and Dedication: The dream of owning a company should be backed by a genuine passion and unwavering dedication to that vision. Without these qualities, the journey can be arduous and challenging. It is crucial to have a clear understanding of the business and its potential, and to be willing to put in the hard work required to make it a success.

A Personal Success Story

Moving into a personal example, I founded SNic after my undergraduate degree in Industrial Engineering and Management. My background as an industrial engineer not only qualified me to establish and manage a company but also provided me with the technical skills necessary for success. Many industrial engineers have also carved out successful paths in manufacturing plants, professional services, restaurants, and more, proving that this discipline can be a stepping stone to company ownership.

Conclusion

India, the world's largest market for many goods and services, offers a fertile ground for entrepreneurial dreams. With the technical knowledge, managerial skills, and passion, you can embark on the journey to ownership. Congratulations, you are on the perfect track, just a step ahead of your dream. Embrace the journey and grab it!

As we look at the success stories of Tim Cook, the current CEO of Apple, and other industrial engineers who have founded and managed successful companies, we can see that the path to ownership is within reach. With dedication and hard work, you too can achieve your dreams.