Get to know: Vasant Menghani

Vasant Menghani, founder and CEO of Touchmate on the importance of creativity to staying ahead in channel business

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Get to know: Vasant Menghani Vasant Menghani, founder and CEO of Touchmate.
By  Mark Sutton Published  April 20, 2011

Vasant Menghani, founder and CEO of Touchmate on the importance of creativity to staying ahead in channel business

What’s your career history to date? How did you end up working in Dubai?

I started in 1988 under the name Quality Computers LLC and the company has progressed so now, it is a group of 35 companies and a team of 250 people. My whole family was settled in Dubai since 1977, and my brother encouraged me to come here. I was always interested in doing business, rather than a job, so with the support of my family I started Quality Computers.

If you could improve one thing about the channel business what would it be?

There are plenty of smart people in the channel, but my advice would be that we should all be united to form some better rules to govern the market. There are too many people running away from the market after being unprofessional, getting caught trading with other people’s money, and getting caught in fund rotation. We should not do turnovers, we should over-turn this mentality.

For vendors and distributors, they shouldn’t supply goods to any channel if they have an idea that that dealer is selling below cost – this is the first sign that something is wrong and that they may end up out of business.

What is your proudest career achievement to date?

Last year I received an award for Entrepreneur of the Year, and that was a wonderful moment, I felt that it gave me more responsibility towards the industry.

What is the best piece of advice you have been given?

Times change, and you have to change with them, otherwise you will be history. You can have big dreams and big visions, but you have to work on that to stay in business, whatever business you do. Touchmate went from just one showroom, we tried the wholesale business, then export business, and finally we have now become recognized as an established brand vendor, with a strong group of companies.

What’s your favourite thing about the company you work for?

Creation is my passion, so I enjoy adding new items to the Touchmate range of products, including software.

What sort of interests do you have outside of work?

I relax on Fridays, but only in body – my mind is on twenty-four hours a day, because I am always looking to creativity.

2094 days ago
sanjay raj kumar tehlyani

i really like that conversation

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