As we present to you si 50 – the annual list of the 50 wealthiest South Asians in high-tech in the US — we found ourselves wondering: what are the ingredients of wealth in this highly competitive, dog-eat-dog industry? Success stories abound, while stories of failure are even more abundant. Obviously, the rules are changing; some are altered, and a whole bunch of them are simply disappearing or have already vanished. Looking carefully at the personalities that comprise the 50 listed, we’ve come to some simple conclusions: it’s about basic values. Although you’ve surely come across them before, we’d like to put them in a new perspective: that of a major contributing factor to wealth creation in today’s new world.
Honesty: Clearly defined and aboveboard business practices are critical in this information-driven society.
Leadership: If you don’t consider yourself a leader, don’t do it. As we have repeated time and time again in this magazine: It’s about people and managing them.
Focus: If you can’t maintain focus, then stay out of the game. To be successful, you need to have a razor-sharp vision of the product, the timeline and the dream.
Passion: Do you have a fire in your belly? Is that fire enough to keep you motivated for years on end, through hardship and discouragement?