There are many people around the world that want to learn how to build a successful business that will stand the test of time. However, few people understand how to build a business that is going to be profitable and fun to run at the same time. One of the most successful business owners in the world today is Vijay Eswaran. Vijay Eswaran is the founder and CEO of QNET, which is one of the largest companies in the world today. He was able to build his company from the ground up with a mission that helps others. Here are several things that anyone can learn from Vijay Eswaran on building a great business that impacts the world.
Perhaps the most important thing that we can learn from Vijay Eswaran is to scale quickly. He was able to take QNET from a relatively unknown company to one of the largest in the world in a relatively short period of time. When you know that you have a great product or service, do not be able to scale quickly in an attempt to gain more customers or total revenue over time. This is one of the most important lessons to learn from Vijay Eswaran and his building of QNET.
Know the Numbers
Even though Vijay Eswaran is great with people and building a business, he has also always been very connected to the financials of his company. Many times business owners do not enjoy getting in to the details of their finances. However, it is important to always remember to know the numbers that matter in the business. Any business owner that wants to build a business that is going to make it for several years should take this lesson from Vijay Eswaran. Vijay Eswaran can tell anyone many different aspects of the financials of the company that he owns, and every business owner should take on this example.
Another great lesson to learn from Vijay Eswaran is to always help people in whatever you do. At the end of the day, QNET is one of the biggest helps to people around the world that want to learn how to manage and run their own business. There are many nations around the world where it is not as easy to start and run a business. However, with QNET people can now buy and sell goods online and keep a lot of the profits for themselves. This helps people that do not have the start up capital that is often times required in starting a business from scratch. Vijay Eswaran is a great person to learn from for anyone going in to business.
When it comes to looking at perfect icons that have graced the world through corporate social responsibility then James Dondero is one such individual. Not only has he built his career but also spent time building the community by participating in charitable activities. Although he is a busy man with multiple responsibilities, he still takes some time off to engage the community and share some resources with the aim of improving their lives. Before looking at some of his contributions to the development of Texas, it is important to highlight the fact that he is well learned and holds two degrees in accounting and finance. As an alumnus of the University of Virginia’s Commerce School, he first practiced at JPMorgan Chase before joining American Express. It was while he was working at American Express that James Dondero realized he could manage up to $1 billion in terms of assets in fixed accounts. Following his credibility and input in the company, he was elevated to serve as the CIO of GIC, an affiliate of Protective Life. Read more at Huffington Post about James Dondero.
Beginning as a small boutique firm, James Dondero transitioned his idea to a company that deals with the management of more than $2billion in asset management. Given the past years of experience in financial services, Dondero established Highland Capital Management in 1993. After the establishment, he focused on giving it a stellar reputation that has vastly transformed the manner in which other companies handle their clients because for Dondero and his team, clients come first before profit generation. As such, Highland Capital Management has managed to offer unparalleled alternative investment services to the community at large.
Furthermore, with Dondero’s leadership, the company has successfully been handling credit accounts and private equity businesses. Even though he spends most of his time discussing the financial situations of different clients, it is evident that he still finds time to engage the community by handling an array of charitable projects meant to empower the community. For instance, he donates to the Dallas Zoo where he made sure that the hippos made a comeback following the death of one hippo at the same zoo. Apart from that, he has been part of the Highland Dallas Foundation where he commits over $3 million to the community’s charitable courses. From his vast contributions to the society and the clients at work, it is evident that James Dondero wears many hats at ago with the sole aim of improving people’s lives. Follow James on Linkedin.