Rattan L. Khosa, ’79
CEO and Founder, AMSYSCO
Rattan Khosa, MBA ’79, started AMSYSCO in 1981 out of the basement of his home that he shared with his wife and young son, with lifetime savings of $44,000 and no other financing. After nearly four decades, he has grown it into a highly profitable company that provides post-tensioning systems on commercial structures, and occupies a 55,000 square foot facility; the company captures some 65% market share.
“Starting a business from scratch is like jumping off a cliff in the middle of the night while blindfolded, hoping that there is a safety net down below,” Khosa said.
“When more than 80 percent of companies fail within the first year – even those with ample funding – it’s clear that there is much more to a startup’s success than just money,” Khosa said. “I don’t simply want to provide the money for this new program; I plan to serve as a thought leader, mentor and guide for these aspiring entrepreneurs, so that my years of experience, my struggles and my successes may serve as an additional resource to help them succeed.”
“I know from personal experience that everyone needs help at some point in their lives. No one has succeeded on their own.”
Khosa is actively involved with the Polsky Center as a member of its advisory board, the Polsky Council.