NItin Khanna Makes the Most of Hidden Opportunities
Nitin Khanna was born in the northern province of Himachal Pradesh, India, against the high backdrop of the Himalyas. Part of an entrepreneurial family, he spent hist formative years building a business experience base in such enterprises as machine parts and cement production. His early education was at The Lawrence School, one of the highest-ranked in the country, which made a historical, seven-student team expedition to Mt. Everest.
Nitin Khanna attended Purdue University in West Lafayette, Indiana and received a master’s in industrial engineering. He began his career at International Paper, where he developed managerial skills. Upon observing the coming tech economy, he worked at Oracle in the mid-90s, after which he launched the successful Saber Software with his brother Karan, which developed election modernization software.
Saber went on to become the principle provider of government software, with $300 million in annual revenue and 1,500 employees. Khanna sold sold Saber to EDS in 2008, and HP later acquired it in 2009.
Based on this experience, Khanna became an investor and consultant on mergers and acquisitions, with his next company, MergerTech, for entrepreneurial businesses in his adopted city of Portland, Oregon.
Khanna found that early perception of demand was fundamental to entrepreneurialism, and with the legalization of cannabis in 2012, Khanna formed Cura Cannabis, now the largest cannabis business in the world.
Nitin Khanna believes in doing what you love, and that success relies not only on ideas but on execution and surrounding yourself with capable agents in the company’s mission.
To achieve this, Khanna works on the practice of planning and delegation, which allows more time to focus on business priorities as well as time for family.
His two key points for entrepreneurs are to know your true abilities and how they match your pursuits and to know how to be expedient in acquisition and termination, in order to similarly apply talent.
Having stepped down as CEO of Cura Cannabis, Khanna has engaged in producing film documentaries and sits on the boards of Freewire Broadband, TiE Oregon and Vendscreen.
Find out more here https://weeklyopinion.com/2019/04/nitin-khanna-budding-industry-growing/
Vijay Eswaran is the founder and chairman of QI Group of Companies that specializes in several business sectors like financial, hospitality, retail, education, direct selling and marketing services. He is the CEO of QNET, which was formed in 1998 with specialty in direct selling and marketing. The company uses e-commerce application to offer its services. Dr. Eswaran wanted to setup a company that would reach very many people through online platform. After consultation with other partners, they decided to test direct selling business with already emerging e-commerce platform.
Vijay Eswaran established University in Malaysia where pioneer students are expected to graduate this year. According to the entrepreneur, this is an important milestone they have achieved so far. At the moment, the University is operating on a temporary campus based in Ipoh city, which is approximately two hours drive from Kuala Lumpur. They have plans of establishing QI City that would include residential apartments, shopping mall, park, permanent campus and hostels for the students. Also, they will establish a teaching hospital to support medical programs for the university students.
The entrepreneur has learnt a lot from his journey to success. He transformed his academic approach of business plan, strategy, skills, capital and identified a common goal that would recognize and attract likeminded people. He believes that a business is shaped effectively when all staffs work as a team. For them to emerge as winners, they must assemble the best, train hard, design winning strategies, outdo the opponents and continue to improve on their techniques all the time. In this case, they ensure highly qualified professionals are recruited to work in their companies.
Vijay Eswaran is a philanthropist who established RYTHM Foundation a corporate social responsibility of the arm of QI Group of Companies. Also, he started a charity organization in Malaysia called Vijayaratnam Foundation that was named after his dad. He has used these foundations to initiate several social programs like mentorship and making donations to charities and individuals. Some years back, he was recognized as among 48 ‘Heroes of Philanthropy’ by Forbes Asia.
He was awarded the Malaysian Business Award as the CEO of the Year 2013, for his excellent executive role at QI Group of Companies. The MBA awards recognize innovations and excellent practices witnessed in entities across Malaysia. Vijay Eswaran thinks success is interwoven with some challenges. Entrepreneurs should focus on how to deal with such challenged when they are approached by them. He says success and failure are elements that would lead to growth if handled appropriately.
Vijay Eswaran has been interacting regularly with his customers in order to listen to their stories. As such, he is able to understand the clients’ needs and in case there are complaints, preventive measures are put in place avoid similar instances in future.