Nitin Khanna is an admirable entrepreneur and the CEO of Merger Tech, a high-scoring merger and acquisitions advisory firm that focuses on tech businesses. Some of his notable virtues include innovativeness, creativity, entrepreneurialism, and philanthropy. Nitin Khanna has built a career for himself as an investor and shrewd business leader. He is also passionate about nurturing young business leaders and entrepreneurs. This business leader and investor was recently interviewed by interview.net where he opened up about entrepreneurship and success strategies.
Setting success strategies as an entrepreneur
In his interview with interview.net, Nitin Khanna started by talking about setting success strategies. He pointed out that he has a lot of experience as an entrepreneur given that he had set up many successful businesses throughout this career. The biggest lesson from this experience was that every business has a different success strategy. This is because the challenges that a company will face in one location will be different from what the same business will face in another location. The most important thing when coming up with a successful strategy according to Nitin Khanna is understanding your business environment. Understanding your business environment translates to identifying the strengths and the challenges that your business is facing. An excellent success strategy will involve you maximizing on your businesses strengths and trying to overcome the challenges as much as possible. Nitin Khanna pointed out that most entrepreneurs make the mistake of only working at the challenges and forgetting to maximize their strengths.
About Nitin Khanna
Nitin Khanna was born in 1971 in India to a family of entrepreneur though his father worked in the early. For his early education, he attended mainly boarding schools. Growing up in an entrepreneurial family, this Merger Tech CEO was accustomed to business at a young age. He moved to the United States at the age of 17 and pursued an undergraduate degree in Industrial Engineering from Purdue and later enrolled for a master’s in the same field Nitin Khanna started his first business named Saber software in 1999 which they later sold. In 2009, he began working on Merger Tech and successfully led it to success.
Connect with Nitin here https://twitter.com/n_khanna?lang=en
As a business owner and entrepreneur, one of the best ways of managing your business is by investing in your employees. Current employees are likely to help you record better results than newcomers. It will take time for a new employee to adapt to the new working environment, a factor that may hinder your business’ performance. One needs to make the workplace an enjoyable place where employees are can love spending their time. As an entrepreneur, you should avoid making your employees clock-watchers, who will take the slightest opportunity to be out of the workplace. Also, avoid office politics that normally pit workers against each other. As a business owner, you should spruce up your workplace and make it enjoyable.
Another factor that may contribute to good performance in the workplace is rewards to workers. Rewarding employees is a means of motivating them to work hard and achieve better results. Rewards make employees feel that they are recognized for the role they play in the company. Any form of reward, be it a gift or an off-day is a way of appreciating them. Workers will, in turn, reward your business through hard work.
A brilliant entrepreneur will not shy from spending some extra money on the employees. Another way of helping your employees is by initiating Employee Scholar Program. Such programs mainly involve helping employees with their education. By contributing to their education, they are likely to serve in your organization for a long time. The knowledge they acquire in the process of learning may also be of great importance to your company.
About Louis Chenevert
Louis Chenevert is the former chairman and CEO of United Technologies Corporation. If there is someone who knows how to run a business, then it has to be Louis Chenevert. During his time as CEO, he invested profoundly in the education of employees at UTC. The company spent billions helping its employees to farther their studies.
Louis Chenevert used the Employee Scholar Program in the company to assist his employees to earn a degree in a field of their choice. Through this program, UTC would cover the whole educational expenses for its employees.
There are many motives that people have when it comes to working with Market America. For people that are interested in this opportunity, it is important to identify a motive. There are many motives that are valid for unfranchise owners. Each motive is unique to the individual. The only important factors to the motive are how effective it is at helping people get the job done and if it is going to benefit or harm others. It is up to each individual to determine his motive. The best time to figure it out is before getting started with Market America.
One of the most common motives for people joining Market America is extra income. In many cases, people that try to be an unfranchise owner are already working a job. They are just looking for some extra income in order to help with expenses or even have some extra change for spending. Either way, this is one way to make some extra money. People may have children that want to do something extra with their time off. At the same time, there may be some events that people might want to be involved with which could cost them money beyond what their regular job can offer.
The best thing about Market America is that the income is not limited. People are paid as much as they sell. They are also paid with other methods. There are people that can work on this opportunity part time while they are working other jobs. Then there are people that are able to dedicate all of their time to this opportunity. Either way, these people are able to find their own success with this opportunity from Market America. For one thing, this unfranchise business offers products, services, and even opportunities for people to get paid to shop.