There are few entrepreneurs in the U.S. who can match the success of the technology, cannabis, and mergers expert Nitin Khanna. The India-born entrepreneur has sat at the head of three supremely successful companies that were in some way his own idea at some stage in their inception. The former CEO of MergerTech, Saber, and Cira Cannabis now wants to pass on his experience and allow his fellow entrepreneurs to understand the spaced they occupy within the industrial sector.
It is said that great entrepreneurs understand when to take a risk and embark on a new venture. Nitin Khanna is obviously one of those who understand how and when to take a calculated gamble. Nitin Khanna took a risk at the age of 17 when he stepped onto a plane and traveled to the U.S. from India to complete his academic career at Purdue University thousands of miles away from his family. At the turn of the century, Nitin Khanna moved into the software sector with the establishment of Saber alongside his brother. Not only has Saber become the largest provider of secure voting software for states around the U.S., but the company also proved an even greater success for Nitin Khanna when it was sold for $1,200 million based on a turnover of $300 million.
Always willing to help his fellow entrepreneurs, Nitin Khanna established MergerTech because he was constantly being asked how he had managed to sell Saber for such a huge profit. Nitin Khanna believes there are two basic tips he can give to budding entrepreneurs, including the need to know oneself when embarking on an entrepreneurial journey. By understanding their own abilities, the entrepreneur can effectively build a team to assist with the growth of their company. Secondly, Nitin Khanna recommends terminating employees who are not an effective fit for the company because this will free up both parties to find future success.