The Silicon Valley
Chapter of the Organization of Pakistani Entrepreneurs
of North America (OPEN) held its second annual conference
at the SAP Headquarters in Palo Alto, California on Saturday,
May 21, 2005.
“It’s all about leadership,” said Zia
Yusuf, current President of OPEN, as he kicked off the
all-day event with quotes from Dwight Eisenhower, George
S. Patton and even Napoleon Bonaparte whose observation
“a leaders is a dealer in hope” attracted
much attention.
Anthony
Mitchell------------------------------------
Naeem Zafar and Zain Jeewanji |
But in any case, this
year’s conference which was based on the theme of
“The Art of Leadership” brought together a
number of true leaders from the world of business, high-technology
and sports to the delight of close to 400 people, mainly
of Pakistani origin but with a sprinkling of Indian Americans
and prominent locals. The number of women in attendance
this year may still have been small but it has finally
grown to be significant enough to be mentioned here.
With over five keynote
speeches, two panels, a fireside chat and four workshops,
plus other sessions, along with tea and lunch, the day
gave everyone ample opportunity to network and to learn
the ropes about setting up businesses that can attract
the attention of Venture Capitalists (VC’s) and/or
Angel Investors willing to back innovation and ideas which
could have a practical and profitable future. And to top
it all off, if one added the presence of Pakistani cricket
legend, Imran Khan to this mix, the day attracted its
share of local, national and even worldwide attention
(CNN was there).
The inaugural keynote speech by Alex Vieux (CEO Red Herring,
chairman and founder of DASAR) was illuminating. “Being
able to show the rest of the world that you can do it,”
he said, was just one important factor within the “The
Art of Leadership” topic. “If the audience
is not shaken up at the end of your leadership speech,
you have not done your job,” he added. “The
difference between success and failure is discipline,”
he said.
The acceptance of diversity was also the hallmark of his
shared wisdom. Of Haitian heritage, Alex said that his
father was Catholic, his mother Jewish and he married
a Muslim woman. “Forget about bigotry. Let’s
leave religion where its belongs,” he added, alluding
to the fact that divisive thinking should not be a part
of business.
Shah,
Chishti, Yunus, Mir Imran and Janjua |
|
Ammar
Hanafi and Talat Hasan |
Imran
Khan with OPEN president Zia Yusuf |
|
Moonis
Rahman, Babar Ahmed and Hina Chaudhry |
Umair
Khan |
The second keynote
introduced by Waheed Qureshi was much more technical.
Forest Baskett, General Partner NEA, gave a presentation
on “Top 10 Technology and Business Trends”
aided by a great deal of data. After explaining the history
of NEA, a Venture Capital (VC) firm founded in 1978, Forest
shared with us the past, present and the all-important
future of technology today, especially since we have been
experiencing quite a slump in this industry for the past
four years. “Dollars are available,” he said,
for the right ideas and business plan. The VC was far
from being dead, IPO’s were still happening.
“Moore’s Law continues to make things possible,”
he said. He said that VCs look at the management team,
the market and the technology that a company seeking investment
has, before making a decision to fund it.
As the conference next broke up into panels and workshops,
the reporting task became a bit difficult. Panel 1 dealt
with the topic of “Taking the Plunge - Lessons from
successful Entrepreneurs” as Zia Chishti, Mir Imran,
Safwan Shah and Mamoon Yunus shared their views from amongst
those who have succeeded in the technology business. “Think
about if this is the right thing for you,” said
panel moderator Arif Janjua, before making the introductions.
“The time and serendipity,” said Zia, were
major factors in why he took the plunge.
Mir Imran who has
to be the champion of number of local technology startups
originated by a single person, had some words of wisdom
too. “Don’t get carried away just because
it is your own idea,” he said. Safwan Shah added
his own thoughts. Initially he said that the VCs were
not guiding his company. “Customers were guiding
us,” he explained. “You will follow the money,”
he added as the trajectory of the customer becomes very
important. Mamoon Yunus spoke on the need to maintain
a “delicate balance between the message of the market
and adapting to customer needs.”
Hasan Rizvi and Richard Sarwal were busy in their workshop
on “Climbing the Corporate Ladder.” Needless
to say, much realistic and anecdotal words of wisdom were
shared here before all the all-important lunch and networking
session arrived. Lunch gave everyone an opportunity to
relax and talk business. But it appears that the speech
that was to follow lunch was on everyone’s mind
too.
There is much that any reporter can write about the next
keynote speaker Imran Khan Niazi. A cricket player extraordinaire
who captained Pakistan’s only team to ever win the
prestigious World Cup, socialite (and he has had that
playboy reputation that never leaves him) with the European
paparazzi forever in tow, builder of hospitals, politician
and most recently, creator of international incidents.
But no matter which Imran Khan steps forward, Pakistanis
in the millions adore him, many South Asians envy him
and his good looks and the international powers that be
worry about him.
Speaking on the “Leading Edge” here and giving
this conference a boost, Imran spoke for close to an hour.
He said that “vision” was the most important
element that defined leadership. Revisiting many a moment
in his own life where he succeeded when other people had
serious doubts about him, his abilities and his projects,
he gave everyone quite a lot to think about. “If
you have a vision, you should not compromise,” he
said. “It is we who limit ourselves. You are never
defeated by failures,” he said. “Never accept
second best. Never compromise on your vision,” he
added.
Networking
at OPEN |
Attentive
listeners |
Mahboob
Akhter and Dilawar |
Sharing a few moments
from cricket history, Imran Khan revisited the World Cup
victory in 1992 when the Pakistani team won after starting
off quite badly. He also shared some moments in Sharjah
when India and Pakistan played against each other and
Pakistan won on the last ball (where Javed Miandad hit
that six on the last ball) as examples of overcoming the
odds by believing that you can win. And last but not least,
the Shaukat Khanum Memorial Cancer Hospital that he built
in Pakistan while reacting to the loss of his mother to
the disease asking “What happens to the poor man?”
who is faced with such an ordeal, moved all who were listening
to him. He credited the poor people of Pakistan for giving
him the encouragement to build the hospital with their
small contributions in spite of their poverty. He wants
to build a cancer hospital in Karachi next and a university
in Mianwali. We will revisit Imran once again at the end
of this report.
The “Fireside Chat” on “Breaking the
Glass Ceiling” spotlighting entrepreneur, business
leader and philanthropist Talat Hasan, was quite absorbing
and dwelled on the lighter side of women in general and
South Asian women in particular making it in the technology
business. Mrs. Hasan who is a graduate of the Aligarh
Muslim University in India and active in the TiE organization
(whose delegation this conference was delighted to receive)
shared some of her own experiences while breaking that
glass ceiling. On a business visit to Japan she said that
at one gathering she realized that she was the only woman
there amongst 2000 people. Being the first woman to give
a technical presentation in Japan and on being given the
nickname “Technolady San” by the Japanese
Press are just some of her achievements. "But that
was not all". “Being married, having a baby,
you have to make sure your house is in order,” she
said.
In contrast Amra Tareen (partner in the VC Sevin Rosen)
hardly ever veered away from the business approach to
the technology industry during a workshop titled “The
ABC of Fundraising” as she along with Waheed Qureshi
went into the details of how venture capital evaluates
companies to fund and what the founders of startups seeking
funding can expect to encounter during that process.
The conference spotlight on “Rational Exuberance:
The New Business Landscape in Pakistan” was well
worth the wait as it included presentations by Pakistani
Minister of Information Technology Awais Leghari and a
companion presentation by Anthony Mitchell. The workshop
going on at the same time on “Bootstraps and Shoestrings:
(Inexpensive) Alternative Paths to Successful Entrepreneurship”
featured Zain Jeewanjee (g1g.com) and Naeem Zafar.
Minister Awais Leghari in his keynote speech made the
all-important pitch stating that Pakistan was more “open”
for business today than ever before. That he was presenting
this fact at an OPEN conference should be noted here.
Leghari came armed with much data on Pakistan’s
recent economic performance. He said that huge infrastructure
projects are being targeted by the government. “Improvements
are all around,” he said. He added that foreign
investors were certainly taking a second look at Pakistan
these days as a place to do business and to make a profit.
“We are overall experiencing a growth in the public
and private sector (in Pakistan today) not seen by my
generation.” He described the dark days of the Zia
Regime in Pakistan and compared those to the freedom of
expression and openness today under the current (Musharraf-Aziz)
government. Market capitalization, deregulation and privatization
were the three areas where the current fiscal policies
of Pakistan are concentrating. He said that a “level
playing field was being provided” by Pakistan. He
gave the recent sales of frequencies in the communication
sector as an example, and invited overseas Pakistanis
and Americans to invest in Pakistan. (Note: Minister Awais
Leghari held several meetings with top Silicon Valley
executives and members of the TiE Organization during
the following week to project the business-friendly environment
in Pakistan today).
A group of proud
Pakistanis |
Anthony Mitchell went
into some details of call center work and the infrastructure
required for their setup in Pakistan. “I don’t
see Pakistani firms teaming enough,” he said. He
charted out lessons that can be learned from India. He
next presented the lessons that have been learnt from
Pakistan and the experience gathered from Expo 2005 there.
He stressed the importance of on-site training in all
call centers, the necessity of having marketing budgets
and the fact the needs of the customer in the US cannot
be ignored.
The last panel on “Revenge of the UnNerds”
was most interesting. Featuring Monis Rehman (Naseeb Networks),
film maker Babar Ahmed and medical practitioner Hina Chaudhry,
this panel moderated by Shahid Khan attracted much attention.
Monis gave a presentation on Naseeb Networks, its subunits
and the great work that it is doing for the
Muslim community worldwide. To our credit we can feel
proud that Monis got his start right here in this area
and that he is now running his business from Lahore, Pakistan.
Babar Ahmed, who received much critical acclaim for his
film “Genius,” showed a promotional clip of
his next movie “Princess” starring Pat Morita.
It was a pleasure talking to Babar whose family hails
from Swat. “It is very important to have some kind
of representations (for Pakistanis) in the media here,”
he said.
Hina Chaudhry used a personal family and used it to pursue
a career in medicine that is bound to save many lives.
One can only thank her for sharing her medical expertise
at this conference because cardiovascular specialists
can have a great deal to do with anyone’s life at
any time.
The last workshop on “The Nuts and Bolts of Setting
up Offshore Operations” featured Umair Khan (Clickmarks),
Aamer Amatin (PSEB) and once again Anthony Mitchell.
The last keynote at any conference is usually reserved
for a special speaker. It was a delight to have John
AmraTareen
|
Morgridge, Chairman
of Cisco Systems, present the closing keynote speech at
OPEN Forum 2005. Not only is John a respected senior in
Silicon Valley, but the success of Cisco Systems is now
almost legendary. He started off with how Cisco came into
being, finding its incubation at Stanford University and
the path that it took to become the giant corporation
that it is. “Universities are a great place to start
implementing your idea,” he said. He said that each
corporation has its own culture and that Cisco had selected
its own. “Customer success has always been a focal
point of the company,” he added. He said that the
company philosophy was that if you cannot fix the problem
during the first two tries, send them a new product. Mr.
Morgridge touched on a number of points during his speech
on leadership. “Our biggest asset is our human capital.
That really is what the competitive advantage is,”
he said. On Pakistan, he mentioned that Cisco already
had 26 academies there.
An interesting Q/A
session followed the closing keynote. OPEN (Silicon Valley)
President Zia Yusuf gracefully closed the conference by
thanking all the volunteers,
the OPEN Executive Committee and the attendees. “Please
get involved,” he said.
In closing, this long report presents just a glimpse of
what OPEN Forum 2005 was all about. There were many new
grounds broken here. The fact is that whatever our individual
political inclinations may be, Pakistan is quite open
for the technology business today and the OPEN organization
has shown great leadership at this conference while focusing
on “The Art of Leadership.” Which brings us
back to Imran Khan.
A new batsman in politics but a seasoned captain of a
world championship cricket team said something to us that
needs our attention (in spite of his apparent differences
with the current Pakistani rulers). Leadership is an art,
a science and more. But for many Pakistanis in the United
States, and certainly those here at this conference, the
following words from Imran reflect our concerns. “Your
country needs you more now than ever before,” he
said.