David Shein Shares his recipe of turning a startup into a business he sold in 2001 for over $600m
We were grateful to have David Shein share his story, some of his learnings and strategies with us at the BBG BSI Innovation Forum last week.
David shared his vision, KPIs and thoughts and strategies on customer service, culture, building relationships and scaling globally.
This was followed by a robust Thinktank of “3 Pods of 6” and a sharing of insights and learnings on how these learnings and strategies can be implemented into our own businesses and organisations!
1987 – 1991 – Chomtech founded – grew from startup to 85 employees – winning NABs ethnic awards. (His speech then would be the same as his speech now)
1991 to 2001 – grew from 85 to 1400 employees – and $1b in revenue – making a tradesale to Di Data – for +$500m (in height of boom – a year before crash!!
2001 to 2002 – wallowing
2002 – now – investing in startups and innovators with passion, purpose and peraerverence (in no particular order)
Here is a taste of the start of a sensational BBG Forum
(Let me know if you want to see the rest!)
Think Tank part 2 and 3
Posted on June 24, 2019