Lean Startup, to Lean Company, to Rich Exit
by E. Sahin, Kenan
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Author(s)
E. Sahin, Kenan
Related Titles
| Publisher | Forbes Books |
| Publication | Jun 18, 2024 |
| Format | Hardback |
| ISBN | 9798887502496 |
| Pages | 0 |
| Age | 18 - 99 |
| Price | $24.99 |
Lean Startup, to Lean Company, to Rich Exit
The turning $1,000 into $1.54 billion story…
In 1982, MIT professor Kenan Sahin took $1,000 from his savings and used it to undertake the most extraordinary entrepreneurial journey, culminating with a $1.54 billion rich exit just 17 years later. This is the story of Kenan’s turning his academic theories into axiomatic principles for building a Lean Startup into a Lean Company followed by a Rich Exit.
Among those principles are...
- Suffusing the organization with a "teach and learn, learn and teach" mindset
- Recruiting and retaining the nation’s finest talent by hiring based on aptitude > attitude > willingness > experience (in order of importance)
- Finding a way to reject outside funding and retain full ownership
And every step and misstep along Kean’s road to success is brought into the present day—for Kenan remains the professor at heart and is deeply committed to helping fellow entrepreneurs forge models for outsized excellence in their own way forward.
Author
E. Sahin, Kenan
DR. KENAN SAHIN is an academic, scientist, inventor, technologist, serial entrepreneur, and philanthropist. Educated at the Massachusetts Institute of Technology, he then served on the faculty at the MIT Sloan School of Management, at UMass Amherst, and Harvard.
He founded Kenan Systems with $1,000, growing it into an international company with 750 employees before selling as the sole shareholder to Lucent/Bell Labs. He then ran Lucent’s Communications Software Group and served as Vice President of Bell Labs.
Kenan’s numerous commendations include the World Economic Forum Technology Pioneer Award, the International Institute of Boston Golden Door Award, the Ellis Island Medal of Honor, the American Academy of Achievement Golden Plate, and the Ernst & Young New England Entrepreneur of the Year.
He lives in Lincoln, Massachusetts; works in Lexington, Massachusetts; and vacations in Kennebunkport, Maine, and Bodrum, Turkey.