I have a friend Andy ( I won’t disclose his real name due to confidentiality reasons). Andy finished his degree from IITK (the most elite Institute of India). After passing out of IITK he had dozens of offers from mega companies, however being the adventurous spirit he was, he rejected all offers. Instead he headed to Bangalore (Silicon Valley of India) and started a Software company over there. He put his blood and sweats into the company. They had their shares of successes and failures. They started without any business experience; instead all they had was their intelligence and youth energy.


They started small, did a few local projects, eventually moved on to freelance sites to get projects from around the globes. Got ripped of multiple times but continued to innovate. Eventually they found their own market niche. They started focusing on healthcare and banking sectors of US market. Growth was steady. With time they started getting more clients and more projects. Some of their projects went into the ranges of > 100 K USD. They become a solid company with quarterly auditing and stuff. They opened a full time office in US and started doing full forced corporate marketing. Business started pouring in big time. The company started getting its name in the fastest growing companies in various magazines. Founders started getting various entrepreneurship awards. More name, more fame, more projects.


They started getting partnership and credentials. Got ISO 9001 certification got Microsoft Gold Certified Partners etc. More partnership, more credentials and more corporate clients. But there comes a time when you know you need greater amount of big money, people with better management skills and better support to continue the pace. They got a few financing offers, but nothing really materialized. Finally they got an offer to sell the company for 6 Million US Dollar all cash deal to a Europe based service provider, which my friend has gladly accepted. Heck now 6 million in pocket and credential of making a company from zero to 6 million in 4 years, probably 5 years down the road he will make hundred million from his next company. I am happy for him and examples like these keep every Entrepreneur moving and dreaming. That’s what it is all about. Dreaming big and achieving it.:) Once again congratulations Andy.


Nitin

This entry was posted on Wednesday, August 22nd, 2007 at 5:58 am by Nitin and is filed under Success Stories. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.