Sincere efforts are necessary in the corporate world. But if you’re not achieving results, efforts hardly matter.
Jignesh Shah, the Founder of Financial Technologies (India) Limited (FTIL), swore by this statement. He joined the Bombay Stock Exchange (BSE) at the age of 24.
“I vividly remember an old wooden sign-board proclaiming ‘Result Matter, Efforts Don’t’, in the settlement system room. These words really woke me up”, said Jignesh Shah.
After leaving BSE, he started FTIL with an investment of Rs 5 lakh. Jignesh Shah’s efforts achieved the desired results very soon. His company started providing technological assistance to various stock exchanges, including NSE.Shah developed a deep interest in the working of the stock exchange. Shah spent hours in the BSE library and stocked up his knowledge on the business around stock exchanges. He discovered that apart from the United States, India is the only country that has a great tradition and culture of option and futures.
In his early 20s, Jignesh Shah, founder of FTIL knew what he had to do. Stock exchanges weren’t technologically sound back then. Also, India had almost nothing to do with commodity exchange business. FTIL saw the scope of tremendous growth in these two sectors.
The innovator draws inspiration of doing the right, the right way from NSE’s Managing Director RH Patil. Jignesh Shah,founder of FTIL is truly a visionary with exceptional understanding of world business.
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