Greetings NACOC Families!
Welcome to Amazing August! It's the month of Leo's! Personalities like Neil Armstrong to Barak Obama share this birthday month. August born Michael Jackson transformed the world through his music, and Martin Luther King revolutionized America through his 'I have a dream' speech in the month of August. Yes, August is the month of leaders and inspirers. Are are you one too?
Story that Inspirers
For this special edition, we are sharing a story of an inspiring personality from our community who has started his journey as a F1 student and took the steering wheel of his life towards becoming a MBA, a developer, a manager, CIO, CEO, and later buying the entire company and becoming the sole owner of the FDMS holdings which has established it's name in the software industry since 1980's, along with many other influential roles as an inspiring entrepreneur.
Let's meet Mr. Santosh Chaudhary, the business man, the owner of C-stores, gas stations, real estate investor, mentor, father, and the CEO of FDMS holdings.
As a business-person, you wear multiple hats of success. Please briefly tell us about yourself. What area do you find most fulfilling?
I do not know if I wear a multiple hats. But one think I know that if you work hard no one will stop the success. I can also say there are many people like me. If I have to separate the people of the world in 2 groups then it would be 80%/20%. Which is well accepted by the world? I think I can categorize myself to be 80% side of the fence. I think you or most of the reader will fall into that group. But I have always tried to be on the top side of the 80%. And if you are successful then yes you are successful in your life.
Yes I have done many things since I came to US. I arrived in US on August of 1997 as student Visa. And I was going to college and I started working in Gas station. But because of the back ground I wanted to be in restaurant side. And I was exploring my option while working in gas station. And I started my first business in December of 97 at Steak Hut. I did not bring money from Nepal to do the business but found the kitchen and rented in the evening for $1000 all included. This restaurant was only serving lunch and therefore I got best deal I could at that time. And for some family reason I went to Nepal for good in year 2000, and came back again in the same year. I started working in a gas station and started exploring for the option and can able to open my business in 2001 a full service Cherries Pizza & Grill Restaurant. This did not go well and had to close in 2002 and graduated from Collin county community college. I leased a gas station and started in year 2002, and made some money and the landlord kicked me out from the location because the business was booming, and then found one in year 2003. And I was going to college and doing the business at the same time. In 2004 I earned Bachelor Degree in Information system technology from Amberton University. I acquired the second gas station on 2005. And in 2006 I earned MBA in Strategic leadership. Up-until that I was not in a need of green card but I started realizing that I need one. So went to lawyer to find out about the options and was told to get sponsor from employer. And started exploring and I found one IT consulting and when I went for first meeting, I saw there is lots of money on it. I joined that company but started thinking how I can be like my employer and started an IT company in 2007. I left the consulting job and started giving full time in My IT Company, found out it will be hard to get a green card from your own company then went to find a Job in FDMS holdings LLC as BI developer. At that time I still have gas station and IT Company. I left My IT Company in 2008. Started working for FDMS.
I got the green card in 2010. I also started investing in real state part time. And in FDMS side I grow from developer to manager to CIO and CEO of the company. In 2015 I team up with Jake Johnson and bought the FDMS. And in 2019 I became sole owner of the FDMS holdings.
-Why entrepreneur? What inspired you?
I think Salary is drug that once you addicted you are done. And I don’t want to get it addicted. Also I want to sign my own pay check rather than someone else signing for me. My family back ground and the way I grew up is inspired me.
-One thing I wished that I knew 10 years ago.
Getting out of comfort zones. Having the green card or working for papers to get it earlier. Spending money for professional consulting.
- 2 tips for aspiring entrepreneurs? Message for young generation.
Try to be really good at one area and replicate multiple times.
-Suggestion for Gas-station/C-store holders.
Never scared that what happened if this employee quit on you. The maximum it can happen is closed your store for few days I know you will find one. Try to hire locale matured person as dependent employee and part timers can be any.
-Fun thing about me.
Being among people/exploring the new option.
-My favorite motivator?
Sign your own pay check.
Thank you Santosh Chaudhary for being the asset of our community and also a life member. Keep shining! Keep inspiring!
Nepalese American Chamber of Commerce
The Nepalese American Chamber of Commerce is an independent, not-for-profit US Corporation devoted to create, protect, promote and enhance economic opportunities & prosperity to Nepalese Business community in the USA.
It was established in 2014 to advance and promote the economic environment for business, and to advocate responsive government and quality education, while preserving unique characteristics of Nepalese-American communities.