The path to entrepreneurial success usually takes us out of our comfort zone, a statement proven by the career of Indian-born entrepreneur Nitin Khanna. Born and raised in India, Khanna comes from a family where business and academic success was expected from a young age. At 17, Nitin Khanna was given the chance to attend Purdue Unversity in Indiana leaving his family behind to pursue a new life in the U.S. Eventually, Nitin Khanna completed his studies at Purdue with a Masters in Civil Engineering.
After working at a paper manufacturing company and Oracle, the pull of working as an entrepreneur proved to string for Nitin Khanna to ignore. Nitin Khanna joined his brother in the establishment of Saber Software in Portland, Oregon in 1999 as the chaos of the 2000 Presidential elections between President George W. Bush and Vice-president Al Gore. The battle in Florida over the legality of the Presidential vote gave the Khanna brothers their entry into the big leagues of the software industry.
Basing Saber Software in Portland, Oregon proved a fortuitous move for Nitin Khanna as the state was the first to act upon a congressional requirement to update the voting software used in state elections. The state of Oregon awarded the contract to Saber Software and helped launch the career of Nitin Khanna as an entrepreneur who was destined for the top of various industries. By 2008, Saber Software was providing its skills in updating the election software used in all elections to 21 states in the U.S. and was having a global impact on this industrial sector. Nitin Khanna would eventually employ more than 1,500 people at Saber Software producing annual revenues of $300 million. The sale of Saber to EDS for $1,200 million led to Khanna becoming one of the leading figures in the mergers and acquisitions sector of the U.S. economy.
Read more here https://www.vitals.com/doctors/Dr_Nitin_Khanna.html
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It’s done! Lincolnshire Management has just sold Holley Performance Products to Sentinel Capital Partners. Lincolnshire Management is a class-leading private equity firm that majors in investing and acquiring lucrative middle-market companies. Holley Performance Products which designs, manufactures and markets aftermarket automotive performance products was one of the private equity firm’s top performers. This company had grown to become a market leader under the management of Lincolnshire Management. Holley had reached the epitome of its success under this private equity firm and succeed even more it needed to move to the next level. This was mentioned as one of the reasons for the sell of Holley by Lincolnshire Management. This next level will be under its new owner Sentinel Capital Partners.
Moving to the next level
Sentinel Capital Partners who bought Holley Performance Products are also a private equity firm. This private equity firm owns Driven Performance Brands which is also in the aftermarket automotive performance products sector. This private equity firm plans to merge Holley Performance products with Driven Performance Brands. According to Lincolnshire Management, this is precisely what Holley needs to move to the next step of its success.
Despite being the market leader in the United States, there still lies a lot of potential for the Holley Performance Products in the global market. This merger facilitated by Lincolnshire Management will put this company in a strong enough position to tackle the global market. The aftermarket automotive performance global market is very competitive. By the Holley joining its forces with Driven, it is likely to have enough muscle to stand out from the competition. In addition to this, the merger will give Holley the ability to meet the demand for the international market.
About Lincolnshire Management
Lincolnshire Management was launched in 1989 and has had a very admirable performance throughout its existence. Lincolnshire Management now has $1.7 billion in private equity capital under its supervision. The private equity firm has excelled in the acquisition of private companies, corporate divestitures, management buyouts, recapitalizations and public and private company’s growth equity. Lincolnshire Management focuses on promising companies across different industries in its business.
See more about Lincolnshire Management here https://magazine.promomarketing.com/article/national-pen-company-acquired-lincolnshire-management/
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Nitin Khanna is one of the names that is revolutionizing the way we view the concept of medical cannabis. Through the recent studies conducted on the benefits of a certain class of cannabinoids found in marijuana plants. Cannabidiol (CBD) oil is extracted and can be used in the treatment of chronic pain, certain skin conditions and even severe epilepsy. Nitin Khanna is one of the numerous investors that are at the forefront of the cannabis and CBD industry and is determined to grow the industry to an even bigger market share. Until May of 2018, Nitin Khanna was the CEO of Cura Cannabis solutions which had high hopes of becoming the leading provider of cannabis oil and other related brands throughout the United States.
Born in India in 1971, Nitin Khanna spent a lot of time in various business enterprises. Apart from his father who served as a colonel in the army, the rest of Nitin Khanna ‘s family was engaged in different businesses and this exposure built up an entrepreneurial spirit in him at a very young age. At the age of 8 Nitin Khanna was sent to boarding school. Nitin Khanna then migrated to America at the age of 17, and while in America he got an undergraduate and master’s degree in industrial engineering from Purdue University in Portland. His brother then joined him in the United States in the year 1999.
In the year 1999, Nitin Khanna and his brother went on to start a software company named Saber software. Over the next 10 years Saber grew to become the largest standalone provider of government services in the United States. It is known for providing services such as unemployment registration, driver licenses issuing and perhaps one of the services it is well known for is the election software which is used to manage all aspects of the election process in 21 states in the country. By the time Nitin Khanna left the company, Saber had grown to 1200 employees and an estimated revenue of $120 million. Nitin Khanna is currently the CEO of MergerTech which is a mergers and acquisitions firm that caters for tech startups that are looking to sell their businesses and expand.
Read about Khanna’s insights on execution based leadership https://thebrotalk.com/leadership/execution-based-leadership-nitin-khanna/
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Whenever a company is looking to improve its overall performance, it will often devise certain strategies and set policies to achieve this objective. In most cases, companies that are looking to achieve their goals will look to use more effective marketing tactics as well as offer more products and services. However, any company that is looking to improve its overall level of success will benefit by focusing on their employees. One of the best ways to improve a company is to invest in their employees. This entails providing a number of incentives such as awards, a fun work environment and educational tuition reimbursement programs. The chief executive officer of United Technologies Louis Chenevert has recently said that investing in employees is a key to business success.
One of the best ways to invest in employees is to make sure that they are always working in a fun and positive environment. Many people go to work and take the whole experience for granted. A good way to improve a company is to provide employees with a setting that that will make their work experience very enjoyable everyday. One of the ways to do this is to eliminate negative behavior and office politics. It is important to make sure that everyone gets along and is happy to work with each other. Companies will also want to provide their employees with comfortable offices as well as updated equipment and technology. Adding things such as arcades and ping pong tables will also help provide employees with a fun work environment.
The next way in which a company can invest in their employees is to offer a number of award programs. One of the most common awards programs is Employee of the Month. This provides standout employees with the positive recognition that they deserve. It will also motivate other employees to strive towards winning this award. Another way to provide awards for employees is to offer gift cards and certificates. These will allow employees to work towards another incentive. By providing employees with rewards, they will be more likely to work hard, set goals and achieve them. This will help make the company more successful and prosperous in the future.
According to Christopher Burch, every decade has its own technological symbols or accessories. The 70s saw the birth of the double cassette player, the 80s brought the carry-on boom box, the 90s saw the intimate personal Walkman, and the new century brought the iPod. When technology becomes fashionable, it becomes trendy to wear that technology as an accessory. But there are designers on both sides of the aisle who are actively changing the world.
Recent years have seen some interesting marriages between technology and fashion. Anouk Wipprecht, the Dutch avant-garde designer, has created dresses to combine fashion and engineering. Her DareDroid dresses make drinks, and her Pseudomorph dresses are painting canvases that change with time. Anna Haupt and Terese Alstin created an inflatable bike helmet that looks like a scarf and detonates on impact to become an air helmet. It is a wearable technology that can save lives. Kevin Cannon and Ashwin Rajan has created the Frontline Gloves for firefighters that allow wireless hand gesture communications in hazardous low visibility and high noise situations. Recycling is another trend in fashion technology. SegraSegra used recycled bicycle tubes to make stylish clothing. Emma Whiteside made a gown out of recycled radiator copper. Tech-wearables can be good for the environment. Soledad Martin’s kinetic energy converting shoes can charge accessories like watches and cell phones.
Just like technology experts have stepped up to create wearable fashion, fashion designers have stepped up to make tech-wearables more trendy. Google Glass came with the stigma of wearing glasses. American fashion designer Diane Von Furstenberg tried to help out with the situation. Her models wore them on the catwalk like any fashion accessory. A gesture like this can help the latest wearable technology gain wider acceptance. With more cooperation between the world of technology and fashion, functional tech-wearables can create an aesthetically-pleasing safer world in the future.
About Christopher Burch
Christopher Burch, the founder of Burch Creative Capital, has contributed to more than 50 companies during his 40-year career as an investor and entrepreneur.
ED by Ellen DeGeneres Online Store, Cocoon9, Poppin, and Niwiwatu are some brands managed under Burch Creative Capital. Christopher has also worked on Voss Water, Jawbone, Faena Hotel + Water. At the moment, Christopher’s company is working on lifestyle and consumer products. BaubleBar, Blink Health, Brad’s Raw Foods, Chubbies, Little Duck Organics, and Soludos are some of the recent brands.