10 Asian Entrepreneurs With Amazing Companies in the U.S.

Bangalore: Building a business takes patience and also a heavy toll on entrepreneurs. We might have come across many startups and their initial success stories. Now, let us look at the 10 entrepreneurs having immigrant roots in Asia and India who have taken their ventures to greater heights in US.  As compiled by ET.

#10 Pradeep Goel
Founder & CEO, EngagePoint

Founded in 2007, EngagePoint is dedicated in providing healthcare software and IT services to governments and to commercial and administrative insurance payers. Pradeep Goel's consumer health technologies strives to help employees manage their own health benefits and to make consumers active buyers of insurance policies rather than passive recipients.

The company had revenue of $13.2 million in the year 2011, and had a 3 year growth rate of 5,855 percent.

#9 Krish Patel
Founder & CEO, Wireless Communication

Krish Patel’s Wireless Communication was founded in 2008. The company is dedicated in providing critical communication solutions and technical services to organizations such as hospitals, industrial and commercial customers, federal governments and much more. It operates in 32 Verizon Wireless retail locations in Georgia, South Carolina, Kentucky, and West Virginia.

The company had revenue of $22.9 million in 2011. In 3 years, the company had a growth rate of 6,581 percent.

#8 Zia Islam
Founder & CEO, Zantech IT Services

After being inspired by his brother's success of building his own company, Zia Islam founded Zantech IT Services in 2007. The company offers enterprise technology systems to the federal government agencies by providing them with the solutions and expertise to improve customer services and maintain high levels of customer satisfaction.
"The customer is always our No. 1 priority," says Islam.

The company had revenue of $17.8 million in 2011, and had 7,331 percent growth in 3years 

#7 Rose Cook & Lynn Faughey
Co-Founders, FlexPro Group

The specialty consulting firm, FlexPro Group was started in the year 2008. Identical twins, Rose and Lynn Cook, took a big risk and started their venture during the time of great recession. The company is engaged in providing supply chain consultants to the pharmaceutical industry.

FlexPro Group had revenue of $3.7 million in the year 2011, and had a 3 year growth rate of 2,958 percent.

#6 David Chen
Founder & CEO, NextWorth Solutions

David Chen started NextWorth in 2005. The company is engaged in more diversified e- recycling such as iPods, iPhones, Laptops, Video Game Consoles, Digital Cameras, Cell Phones, GPS devices and much more.
"I remember selling floppy discs to prep school kids when I was in 8th grade," recalls Chen. The company dedicates itself in helping consumers and big retailers recycle old electronics.

NextWorth Solutions had revenue of $20.4 million in the year 2011, and experienced a growth rate of 3,154 percent, in 3 years.

#5 Kenneth Lin
Founder & CEO, Credit Karma

Disappointed about the fact, that he had to pay and find out his credit score.  Lin in the year 2007 started Credit Karma, an online portal, which allows consumers to check their credit scores online for free. The portal also contains various other tools to save money and informs users on various credit cards, loans, insurance and much more.

The company had revenue of $5.7 million in 2011. In 3 years, the company had a growth rate of 5,279 percent.

#4 Byron Hsu
Founder & CEO, Xenon Project Int'l

Hsu founded Xenon Project, a high tech toy making company in 2008. Initially, it sold remote controlled cars in eBay. Now, the company distributes remote control and nitro-fueled toys along with other goods such as kitchenware and sports equipment.

The company had $4.4 million revenue in 2011, and had a 3 year growth rate of 3,586 percent.

#3 Neil Dufva
Founder & CEO, Crunchy Logistics

Crunchy Logistics, a tech firm, was established in 2008. After getting a good start the company expanded rapidly. The company focuses on developing and supporting business critical and entertainment driven technology systems. It deploys highly secure control systems for commercial, medical and industrial purposes. It also supports content distribution networks and natural user interface advancements.
The company had revenue of $2.1 million in the year 2011, and had a 3 year growth rate of 1,881 percent.

#2 Andy Kim
Founder & CEO, IT Source

Andy Kim comes from an engineering background and founded IT Source in 2002. The company offers technology support for all kinds of business of any sizes. It provides Innovative IT solutions and business tools for various companies with 24 /7 help and support.

IT Source had revenue of $24.8 million in the year 2011, and experienced a growth rate of 4,756 percent, in 3years.

#1 David Tam
David Tam, Founder & CEO, RateSpecial Interactive

David Tam was prepping for law school, but after working in an online ad agency, he changed his plan and founded RateSpecial, an interactive advertising and marketing agency. The company specializes in traffic acquisition, monetization and product strategy.

RateSpecial Interactive had revenue of $15.5 million in the year 2011, and in a span of 3 years it experienced a growth rate of 8,593 percent.

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7 Reasons Steve Jobs Was A Successful Entrepreneur

STEVE JOBS.

Anticipate the future

Back in 2007, Steve Jobs said, “There’s an old Wayne Gretzky quote that I love. ‘I skate to where the puck is going to be, not where it has been.’ And we’ve always tried to do that at Apple. Since the very, very beginning. And we always will.”

Apple has been on the cutting edge, and making products better than anyone else for years. The reason they’ve become such a large company, is that Steve was anticipating what peoples needs would be in the future, not what they are right now. If you listen to what people want now, by the time it’s developed, it will already be obsolete. You have to identify where the market is heading, not where it is right now.

Always pursue perfection

Steve’s adoptive father, Paul, was a mechanic and a carpenter. He instilled in him at a young age, that if you’re going to do something, do it RIGHT all the way. Every detail, not matter how big or how small, mattered. It is because of this that he always had incredibly complex products like music players, phones, and computers, designed so that they were incredibly easy to use and elegant to look at. Powerful, simplistic, and no detail left out was the secret to his success in business at Apple, and his other business dealings.

Learn any way you can

Steve Jobs was a college dropout, but he was far from a dummy. Whether he was learning mechanics from his father, learning about life and expanding his perspective during his global travels, or tinkering with gadgets with groups of like-minded computer “geeks,” Steve was always learning. There is a great Jim Rohn quote, “Formal education can make you a living, but self education can make you a fortune.” Steve Jobs embodied this in every way.

Always move forward

Steve was often able to snatch success from the jaws of defeat. Any time he was put to the test or suffered a major setback, career or otherwise, he came back better than ever.

He and Steve Wozniak ran out of money while developing the first Apple computer. Instead of giving in, he sold his van and Wozniak sold his graphing calculator to come up with the funds.

When he was fired from Apple, the company he co-founded and poured his blood, sweat, and tears into, he didn’t rest. He would go on to head Next and Pixar only a short time after. Then, when he would return to Apple in the late 90′s, he used his past knowledge and business experience to bring them back from the brink of bankruptcy.

Use failure as a learning experience and a chance to grow both personally and professionally.

Surround yourself with bright people

Steve was not a technical guy, he was a leader and marketer. He always had great vision and ideas, but it was because he always surrounded himself with great people that he was able to accomplish so much.

Take risks

Big risk, big reward. If you’re going to be successful in business, there are going to be times you need to take calculated risks. Whether it has to do with personnel, products, competitors… it’s inevitable. Steve Jobs even showed he was willing to cannibalize his own company’s products in the name of progress. Many CEOs would have been hesitant to develop the iPhone, knowing full well that it would help to make the iPod obsolete – but Jobs did it anyway. That is one part of what has made the iPhone one of the most successful products in history.

The time to do something is always now

“Remembering that I’ll be dead soon is the most important tool I’ve ever encountered to help me make the big choices in life. Because almost everything — all external expectations, all pride, all fear of embarrassment or failure – these things just fall away in the face of death, leaving only what is truly important.” – Steve Jobs

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Young Rich List – Under 30 Internet Millionaires

For regular updates like our facebook page Legends and Legacy 

Young Rich List – 30 Under 30 Internet Millionaires

#1 Mark Zuckerberg Aged 26yrs

Worth an estimated $6.9 billion

If you don’t know who Mark Zuckerberg is already, you really must have been living under a rock. Mark is an American entrepreneur who co-founded and is currently the CEO of the social networking behemoth we know as Facebook. Hailing from White Plains, New York, Mark started his programming at a very early age back in “Middle School” and it looks like that really paid off. Currently owning approximately 24% of Facebook, Mark is now a Multi-Billionaire, with a fortune of roughly $6.9bn and growing. So why is he top of the list? Well, I can think of a few reasons, 6.9 billion reasons in fact!

www.facebook.com

www.blog.facebook.com

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#2 Dustin Moskovitz Aged 26yrs

Worth an estimated $1.4 billion

Now Dustin may be a little less familiar to you than Mark (above) but he’s definitely someone who has struck lucky. In fact Dustin was one of the co-founders of Facebook along with Mark. Dustin has since left Facebook (back in 2008) and has now set up his own business, Asana a company that apparently tackles the problems of workplace collaborations. Still in it’s early development stages, Asana is currently in Beta mode if you are interested? So how much did he make? A little over $1.4bn.

www.asana.com

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#3 Andrew Mason – Aged 29yrs

Worth an estimated $600 million

Andrew Mason is the founder and CEO of the online business Groupon. A site you have all more than likely heard about or used before. Andrew Now just 29 years old is worth an estimated $600 million due to the sites huge success. Founded in 2008 Groupon has been steadily increasing it’s traffic and it’s income for the grateful founder. The aim of the website is to offer out daily deals to people all over the world via an online coupon service. Each and everyday Groupon releases new “Groupons” to its customers allowing them to receive discounts on anything from subway meals to laptops and much more. Andrew was given $1 million dollars by his previous employer in order to start this venture which has now made them both a lot of money in the 2 short years it has been up and running. I’m sure we can expect more from them in the near future.

www.groupon.com

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#4 Matthew Mullenweg – Aged 26yrs

*Worth an estimated $250 million

Its nice to have one of our own on the list, and I’m pretty sure we all know who this young chap is. Matthew Mullenweg is the founding developer of WordPress, a resource a lot of us use on a daily basis. Funnily enough his background is anything but technical, he went to a performing arts school, learned to play the Jazz Saxophone, and then he went on to created one of the best website and blog programs in the world. In 2005 he started the company Automatic, which became the backing force behind WordPress and Akismet. Well done Ma.tt – You see what I did there?

www.ma.tt

www.wordpress.com

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#5 Blake Ross – Aged 25yrs

Worth an estimated $150 million

Blake Ross is an American software developer, known best for his work with Mozilla Firefox. That’s right at the age of 25yrs he has been able to accumulate a total fortune worth $150 million. In 2005 he was nominated for the Wired Magazines top “Rave Award” opposite some very popular names including Larry Page and Jon Stewart. Blake also co-founded the company Parakey which was eventually bought out by, yes you’ve guessed it, Facebook.

www.mozilla.com

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#6 Gurbaksh Chahal – Aged 28yrs

Worth an estimated $100+ million

Gurbaksh Chahalis an American author and entrepreneur that has managed to create, build and grow two businesses into a massive empire worth $340 million, and all that before he is even 30yrs! Born in India, his family finally settled in California, by the time he was 16yrs old he had dropped out of school and decided to embark on a career in business. Gurbaksh is now the CEO and founder of gWallet.Inc. What an awe-inspiring story.

www.chahal.com

www.gwallet.com

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#7 Naveen Selvadurai Aged 28yrs

Worth an estimated $80 million

You may not have heard about Naveen but rest assured he is definitely a big hitter. He made most of his money through a joint venture that you may have heard of, Foursquare anyone? However before co-founding Foursquare he had worked extensively with some very well known brands, Nokia, Sun Microsystems and Sony to name a few. $80 million, yes please!

www.foursquare.com

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#8 Angelo Sotira – Aged 29yrs

Worth an estimated $75 million

Angelo, is someone a lot of you graphic designers, photographers, and web developers may know very well. He is the pioneering brain behind DeviantArt, The website was co-founded back in 2000 with Scott Jarkoff and Matt Stephens and is bigger than ever today. It really is the Facebook of the art/digital art world. The community is very strong and it’s a really intriguing and inspirational website. Still $75 million for creating a website back in 2000, I think I could wait 10 years for $75mil, how about you?

www.deviantart.com

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#9 Nat Turner – Aged 26yrs

Worth an estimated $70 million

Nat Turner is one lucky entrepreneur, but lets not be harsh on him, he worked extremely hard in order to get lucky. What I mean is that he was lucky enough to build a brilliant company, Invitemedia, which is a “universal buying platform” for display media according to their website. Where he got “lucky” is when the global giant that is Google, decided to buy him and his co-founders (Zach Weinberg and Scott Becker – both aged 23yrs) out for a nice round figure of $70 million. Good job Nat.

www.invitemedia.com

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#10 Peter Cashmore – Aged 24yrs

Worth an estimated $70 million

Peter Cashmore is is the CEO and founder of the unique media website Mashable.com which he started back in 2005. Pete has been lucky enough to appear in the Forbes Magazine’s 30 under 30 as well as getting a mention in the top 25 web-celebrities. There have been so many great reviews by so many large publishing brands and the brand itself seems to just getter better with time. The site now has over 10 million readers monthly, and is set to have even more by the end of the year.

www.mashable.com

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Next on the toppers of the top list we have is....king sidharth.

# 3.  King Sidharth, 20

King Sidharth is a multitalented youngster. He is a speaker, author, magazine publisher.

As an 11-year-old growing up in Northern India, King Sidharth and a few friends began organizing events and competitions for other children. They would make tickets and charge an entry fee, then award little prizes to whoever won. Sidharth’s first business was a big success.

Seven years later, King Sidharth got graduated from high school and he has already made a name for himself as one of India’s top young entrepreneurs. His primary work is in website development and design (see websites like MeditationRocks.us).

King is also a speaker on topics of entrepreneurship and spirituality. He calls himself the Outlaw Entrepreneur, because he refuses to follow a given pattern and says he’s going to reinvent the wheel. His vision of the wheel is unique.

Next we have is India's youngest CEOs:Shravan (10) and Sanjay Kumaran (12), two brothers from Chennai have created mobile phone applications that have witnessed over 10,000 downloads across the world already.
Two tech savvy brothers Shravan and Sanjay Kumaran from Chennai have not yet completed school but are already co-founders and President (Shravan)/CEO (Sanjay) of GoDimensions, a mobile applications firm.
Studying in sixth and eighth grades, the Kumaran brothers have created mobile phone applications that have witnessed over 10,000 downloads across the world already.
The duo has already designed four applications for the Apple store that have been downloaded in over 20 countries.
According to their web site GoDimensions.com, they create applications 'primarily in the area of education, games, lifestyle and convenience.'
Some of their popular applications include Alphabets Board, Color Pallette and Catch Me Cop among others.

YOUNGISTAN MERI JAAN !!

Hello folks....

we might have observed the youngsters of the various countries making a mark, for example Mark zuckerberg ( facebook ). for now its time to take a look at the charismatic youngsters  of india.lets have a look at the young indian who are glooming to the tops. These youngsters are as common as you and me but with a different zeal and passion. let us start with the dynamic persona. 

•  Farrhad Acidwalla,age- 18.

His first step at entrepreneurship started with his borrowing $10 from his parents to buy his first domain name. He began building a web community devoted to aviation and aero-modeling. The website was a success; he sold it for a lot more money than his initial investment, and moved on with other similar ventures. Each took his achievement to another level and the appreciations left him humble. This motivated him to offer his work under the name of his company.Farrhad has launched Rockstah Media, a cutting-edge company devoted to web development, marketing, advertisement, and branding.  It is just over a year old but it has clients and a full fledged team of developers, designers and market strategists spread across the globe.As the CEO and founder, Farrhad is behind the wheels of the company taking care of the clients and guiding the creative team to success.
His story inspires all indian youngsters to follow your passion and heart. here the age is just a number, if you have faith in the task you perform ,you will surely succed one day.