Success
In the world of entrepreneurship, the journey to success is rarely linear. It is shaped by perseverance, tenacity, and a willingness to take risks. One such success story is that of Shiv Kumar Sharma, the Founder and CEO of Superior Pharmaceutical (I) Pvt. Ltd., whose unwavering belief in his vision has helped him scale his business to new heights. With a starting capital of just ₹10 lakh, today, his company stands at an impressive turnover of ₹255 crore, a testament to his dedication and entrepreneurial spirit. In this article, we delve into the journey of Shiv Kumar Sharma, a man who overcame numerous hurdles and turned a small venture into a multi-faceted empire.
Early Beginnings: A Journey of Tenacity and Vision
Shiv Kumar Sharma’s entrepreneurial journey began at the age of 20, when he ventured into the business world as a part-time sales and marketing executive. The experience provided him with the foundational skills needed for his future ventures. However, it wasn’t long before he realized that he had the potential to create something larger. Driven by a desire to not only create wealth for himself but also generate employment for others, Shiv took the first step toward realizing his dreams.
In 2000, with the guidance of his elder brother, Rishie Sharma, who became his mentor and beacon of support, Shiv established Superior Graphics, an offset printing unit. The venture proved successful, but it was just the beginning of his entrepreneurial journey. As his vision expanded, so did his business portfolio. Today, Superior Pharmaceutical Pvt. Ltd. is part of a group of diverse industries, including pharmaceutical formulations, electric appliances, packing carton manufacturing, and even Ayurvedic products.
From a Small Start to a Diversified Group of Companies
Superior Pharmaceutical began as a small enterprise but quickly expanded, diversifying into several sectors. Over time, it grew into a conglomerate that includes businesses such as Superior Pharmaceuticals (Active Pharmaceutical Ingredients), Dr. Mom Herboveda (Ayurvedic Division), Superior Molecules (Critical Care), Superior Generics, Superior Biotech, Aastha Industries, Superior Appliances, and more. Each branch serves a distinct purpose in the market but remains connected by a common thread—delivering quality products with innovation at their core.
For Shiv, the most rewarding aspect of this journey has been the impact it has had on society. His businesses have helped provide affordable medicines with quality assurance, directly benefiting countless families and individuals. The company’s success is a reflection of the positive impact it has had not only on its clients but on the wider community as well.
“We are part of the growth of our country and countrymen,” Shiv says, reflecting on the societal impact of his work. “Our business aims to improve lives while contributing to the larger economic growth.”
Overcoming Challenges: The Struggles and Triumphs
No entrepreneurial journey is free from challenges, and Shiv’s path was no different. When he started out, convincing clients to trust his products and services was one of the biggest hurdles. As with any new business, the initial stage was filled with uncertainties, skepticism, and resistance. However, Shiv’s tenacity and perseverance played a crucial role in overcoming these challenges. He believes that consistency in delivering quality products and services was the key to building trust and long-term relationships with clients.
The struggles, Shiv admits, were not only professional but personal as well. Early on, he faced the challenge of balancing his work and personal life, especially since his entrepreneurial journey was a shared endeavor with his brother Rishie Sharma, who had been a constant source of guidance and encouragement.
“Tenacity and perseverance paid off in the long run. We were able to showcase the edge our products and services had over others, and our belief in what we were doing helped us gain the confidence of our clients,” he recalls.
Today, those early challenges are distant memories, but the lessons learned remain integral to the company’s operations. Shiv’s story is a testament to the power of persistence, as he transformed challenges into opportunities and built a business that is now poised for even greater growth.
Core Values: What Sets Shiv Kumar Sharma Apart
Shiv’s entrepreneurial journey is rooted in values that have helped him maintain his focus throughout the years. “The essence of entrepreneurship lies in working on solutions,” he says. His approach to business is not merely about selling a product or service; it’s about providing meaningful solutions to real problems faced by the society at large.
He attributes much of his success to his unyielding belief in the power of solutions. Whether it’s affordable medicine for the masses or innovative electric appliances, Shiv’s focus has always been on finding ways to solve problems for his customers. This problem-solving mindset has been crucial in differentiating his business from others in the market.
Moreover, Shiv is clear that consistency, perseverance, and risk-taking are essential qualities for any entrepreneur. He believes in taking calculated risks, analyzing work thoroughly, and then diving into new ventures with confidence. These qualities have helped him build a reputation as a reliable and visionary leader in the pharmaceutical and manufacturing sectors.
The Road Ahead: Future Plans and Ambitions
Shiv Kumar Sharma’s vision for the future is ambitious. His goal is to scale the business into a ₹5000 crore conglomerate by 2030. This ambitious target is not merely a reflection of financial success but a commitment to expanding his company’s impact across various industries, creating more jobs, and contributing to the nation’s economic growth.
“We aim to keep growing, innovating, and delivering excellence in everything we do,” he states with conviction. “The future is bright, and we have a lot to offer.”
This forward-looking vision is not only about expansion but also about diversifying into new sectors and continuing to adapt to the changing needs of the market. With the foundation of strong core values and an unrelenting pursuit of excellence, Shiv’s roadmap to success is set to lead his businesses to greater heights in the years to come.
Inspiration and Legacy: The Role of Rishie Sharma
While Shiv’s journey as an entrepreneur is remarkable, he is quick to point out that much of his success can be attributed to the mentorship and support provided by his elder brother, Rishie Sharma. Rishie has been a constant source of inspiration and guidance, both professionally and personally. His influence has shaped Shiv’s approach to business, and his encouragement during difficult times has been invaluable.
“My elder brother Rishie Sharma has been my role model,” Shiv shares. “His wisdom and support have played a pivotal role in helping me navigate the ups and downs of entrepreneurship. He is my inspiration, and I owe a lot of my success to his guidance.”
Advice for Aspiring Entrepreneurs
Shiv’s journey offers valuable lessons to anyone looking to embark on their entrepreneurial path. His advice is simple yet profound: “Analyze the work and risk-taking capacity, then take risks and move on.” He emphasizes the importance of understanding one’s strengths and limitations, taking calculated risks, and being persistent.
For budding entrepreneurs, Shiv also stresses the importance of consistency, adaptability, and a focus on solutions. “Entrepreneurship is not about avoiding challenges; it’s about facing them head-on and finding creative ways to solve problems,” he adds.
Recognition and Legacy
The true reward for Shiv Kumar Sharma has not been awards or accolades but the trust and recognition his company has earned in the market. Superior Pharmaceuticals is now regarded as one of the leading pharmaceutical companies in India, known for its commitment to quality and customer satisfaction. This reputation is the ultimate recognition for Shiv and his team.
“The name ‘Superior’ itself has become synonymous with trust and quality,” says Shiv. “Our clients are our greatest asset, and we are proud of the relationships we have built over the years.”
Shiv Kumar Sharma’s story is one of perseverance, resilience, and vision. From humble beginnings with a starting capital of ₹10 lakh to building a multi-crore conglomerate, his journey exemplifies the power of hard work, dedication, and the relentless pursuit of a dream. Today, as he looks toward the future, Shiv remains committed to his mission of improving lives and contributing to the growth of India’s economy. His story serves as an inspiration to anyone looking to make their mark in the world of entrepreneurship.
