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Showing posts from March, 2022

Mobilelink: From a Thriving Business to Successful Venture

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 Every business starts small. All the giants in the market had to roof through the same journey to be a market leaders. The struggle to earn a name in the market is always the same for every company. The only place where they have to differ is the strategy because it has to coincide with the nature of their business. A telecom retail outlet company, Mobilelink USA, started small like any other venture in 2005. Its owners Furqan Ken Khan, Salman Khan, and Yousuf Meghani had to face the same challenges as any other owner of a new startup. Mobilelink was launched with three stores in Houston, Texas, and nearby locations. It writhed in its first year and suffered serious financial losses and caused owner morale depletion. It was in total defiance with success. Ken Khan was compelled to restrategize his business tactics and he changed his business plan from a market-driven organization to a customer-driven organization. He was able to analyze the main propulsion in sales was custo...

Success Is a Never-Ending Struggle

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Success is a fruit everyone wants to taste and keep on eating, it’s a sweet emotion that takes humans high in the sky, it’s a status every human wishes to hold on to and it’s a result of all your hard work and efforts accumulated towards its accomplishment. Once you have had success in one aspect of your life then you cannot resist achieving it again. The struggle to exceed in your future endeavors continues. Furqan Ken Khan started a retail outlet telecom company in 2005. It was a small company with just 3 stores in Houston and its surroundings. Today, not only does Mobilelink have 500+ stores across the US but Furqan Ken Khan, himself, is involved in twenty-eight different industries such as restaurants, wireless networks, automobiles, real estate, and many more. His urge for forever success didn’t let him stop at Mobilelink but forced him to achieve more in life. That’s why he is one of the leading business magnates in the US, today. Success is an addiction for those who dre...

U.S Telecom Industry Rivalry

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The Telecom industry has grown exponentially throughout the world since 1990. The U.S alone has 676 wireless telecommunication carrier companies. The extravagating progress made by these telecom providers has directed the U.S digitally powerful. Competition in business or any walk of life is compulsory because it pushes you to the limits of betterment. The rivalry in the telecom industry has resulted in all these advancements in the digital world. Everything is available at your fingertips. Companies are thriving to provide a better way of communication to their consumers on daily basis. Their research circles around the sole idea of being faster than any other network. Our daily life activities depend exclusively 90% on electronics and among those cellphones rank on the top. These have become the primary source of our communication expressly in businesses. Smartphones have become a mandatory accessory in professionalism. The top-ranked telecom networks according to NPS (Net Promot...

The Basics of Launching a Startup

  If you are thinking of launching a startup then you must have an idea. An idea that needs to be refined and cultivated from the start along with its business plan. Let’s illustrate these basics with a real-life venture’s success story. In 2005, a new startup was founded known as Mobilelink USA . Its founders Furqan Ken Khan, Yousuf Meghani, and Salman Khan thought of an immersive business plan; a telecom retail outlet company that would cater its retail sales services to wireless carriers. This idea was sophisticated to the best of its capabilities, market intelligence was gathered, the need was weighed, the customer base was designated, the target location was selected, and most importantly the services and products that will fill the market gap were evaluated. The second step in starting a new business is inspecting the finances, tangible and intangible resources, and designing a suitable business structure. At this stage, financial strength whilst keeping the worst ...

Strategy Precedes Success

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Originations start with ideas being molted into a proper shape with thorough research and planning. These arrangements are essential to the vision of colorful success. Success follows a neat strategy that is prone to change, adapts with time, and amends to the solutions of present problems. Static strategies are susceptible to failure due to their inelastic behavior to provide timely updated solutions. Strategy directs your plan of action. It decides whether your project design is inclined to succeed or stumble. Strategies are promptly based on your business model. The resemblance between business model and strategies must twin. Otherwise, it reflects risks whose end result is not favorable to our expectations. These both are the meandering pillars to a lively end or future. Whilst strategizing any plan, you must think what is the nature of your idea, is there anyone else who has been successful in this line of work before, what was their mode of strategy and how long it took t...

Success Fetches Inspiration or Ego

Human nature is a constituent of numerous behaviors influenced or learned throughout the age. Its characteristics are displayed on different occasions. Its unpredictable nature makes it more mischievous. A simple human mind is prone to get filled with empty praises and applauses. Our brain is sensitive to emotions of happiness and desolation. Therefore, these prompt emotions can be sensed through our body language instantly. Success is often overly cherished and stunned by the brain because it is satisfied with one win throughout his/her life. Nevertheless, most of the humankind tends to remain happy their entire life with a single huge accomplishment and forget to even bother for the next achievement.    However, it doesn’t apply to everyone. There are few brilliant minds of their time who knew only work and never cared for any of rewards and today their names are forever first in the line of success, like; Albert Einstein, Jacob Barnett, Rick Rosner, Ainan Cawley, and many m...

Ken Khan - Mobilelink and Family

Furqan Ken Khan is one of the chief success stories of today in the business world. His achievements and distinguished work are a living testament to anything that can be achieved if worked hard and is smart enough to aim for it.  One of his prime accomplishments is “Mobilelink” a telecom retail outlet company in the U.S and there is no glazing this triumph.  The extent of his strategic capabilities can be measured from his work. The craft and time utilized by him in each of his ventures’ success are subjected to another article but the balance he has created between his Mobilelink family and personal life is the theme of discussion for this blog. Ken Khan’s journey of success begins like any other normal story from the scratch. He built a whole empire out of few resources available at his disposal and faithful partners; Salman Khan and Yousuf Meghani. He has learned to rise from failures and imparts us to take failures in a manner of success so no disappointments can be expec...