Daijiworld Media Network – Mangaluru
Mangaluru, Nov 12: Sekhar Naik, the founder and CEO of MResult Group, New York, a distinguished serial entrepreneur and philanthropist originally from Mangaluru, was recently honoured with the Karnataka Rajyotsava Award 2024 in the 'Hora Desha' (NRI) category for his significant contributions to business, technology, and social development.
In an exclusive interview with Walter Nandalike on Daijiworld TV’s ‘Walkie-Talkie’, Sekhar Naik, shared his journey and insights.
Speaking about his connection to Mangaluru, Naik said, “My roots are in Mangaluru as my father hails from here. I have fond childhood memories of the city. After completing my BBA at SDM College, I moved to Mumbai for 2.5 years and then to the UAE for another 2.5 years. In 1997, I travelled to the USA to pursue an MBA, and after working for a few years, I established MResult in 2004 with just 3-4 employees. Today, the company has grown to 1,000 employees.”
Naik emphasized, "MResult leverages cutting-edge technology to achieve rapid progress. My strength lies not in programming but in problem-solving, customer satisfaction, and creating a positive work environment for employees."
On facing failures
When asked about failures, Naik remarked, “Setbacks are inevitable. If you have not faced any, it means you haven’t pushed yourself to your full potential. Avoiding failures means you are not taking risks, which is essential for building a company. I have made mistakes but have always strived not to repeat them."
Attitude towards setbacks
Naik shared, “Initially, handling setbacks was tough, but my resilience was shaped by my upbringing in India. I always had a spark of hope that kept me going.”
Advice for young entrepreneurs
Offering tips for aspiring entrepreneurs, Naik highlighted, “Smart work is crucial these days. There are three foundational qualities needed to build a business: a hunger for success, open-mindedness, and resilience.”
Journey and achievements
Born on May 19, 1971, in Mangaluru, Sekhar Naik’s career has been marked by notable achievements. He graduated from SDM College of Business Management in Mangaluru and completed his MBA at the University of Delaware, USA. Prior to founding MResult, he gained valuable experience at leading companies like IBM Global Services, TMP Worldwide, and Pfizer Inc. Founded in 2004, MResult Corporation has since grown into a multifaceted enterprise focusing on financial products, HR solutions, and advanced GenAI services.
Under Naik’s leadership, MResult has expanded its operations in India, creating numerous job opportunities, especially in tier-two cities like Mangaluru. The company’s offices in Bengaluru, Mumbai, and Mangaluru not only generate employment but also support local academic institutions with programs aimed at enhancing the employability of young graduates. Naik plans to establish incubation centers to nurture young talent, focusing on ethical growth and equipping graduates with cutting-edge skills.
Philanthropy and personal pursuits
Naik’s commitment extends beyond business. He is recognized for his philanthropic efforts globally, including establishing the Naik Family Branch at the YMCA in Mystic, Connecticut. A strong advocate for giving back, he mentors and invests in start-ups, guiding young entrepreneurs on their paths to success.
In his personal life, Sekhar Naik is dedicated to lifelong learning, health, and adventure. He is an aviation enthusiast with commercial pilot credentials and Instrument and Jet Type Ratings. His passion for endurance sports is evident from his participation in the New York and Philadelphia marathons. As a tech enthusiast and storyteller, Naik continues to evolve with the ever-changing business landscape.
Watch full interview: