Success Story One -

    

Dnyanoba Kendre

(Entrepreneur of The Year 2002 Finalist)
MBA (USA), BS Computer Engineering
President/CEO, 
FORTUNE 500 Systems, Ltd
Global Healthcare Group, LLC

The story begins like this: Born at Kendrewadi village in central part of India in 1967 in farmers family. Both mother and father do farm work and are uneducated.Studied till 10th grade at Nutan Janata Vidyalaya, Sonkhed/Mankhed (Tq. Ahmedpur, Dist. LATUR) using kerosene lamps (without electricity – there was no electricity in Kendre’s town). Achieved rank 1st in the school and wanted to study science. Took admission in Dyanand College, Latur for Science. Scored 96% marks in Math group and took admission to Computer Engineering in 1986 at Govt. Engineering College, Aurangabad. Completed  B. E. Computer in 1990 with rank II in University.

Worked for 4 years in India as software engineer at Mantralaya and L&T and come to US in June 1994 with $50 in pocket and a job offer from Atlanta based company Software Technical Service. Worked as consultant here in Harrisburg, USA and got MBA on part time basis at Lebanon Valley College, USA.

During the last semester of MBA class, Kendre submitted a business plan to his MBA instructor John Zentgraf (Owner/partner of Wharton Capital Advisors, Harrisburg, 728-9007) about starting a software company. Instructor did not accept the plan since it was showing $1 million revenue on first year.

Kendre implemented the same business plan and started YEAR 200 Consulting in 1997 with $24,000 loan from CREDIC. Achieved $600,000 sales in first year of the operation by solving Y2K issue for many clients nationwide. After year 2000, company’s name was change to FORTUNE 500 Systems, Ltd.  For 2001 and 2002 FORTUNE 500 Systems, Ltd. has been selected for TOP 50 Fastest Growing Companies in Central PA.

Around March 2001, Kendre started Global Healthcare Group to serve healthcare industry. Global Healthcare Group is in operation for last 1.5 year and had achieved sale revenue of $1.6 million in last 12 months and expects to generate over $4 million in next 12 months by providing Home care, staffing and medical billing.  Global Healthcare Group employs over 300 nurses.

Right now Kendre is busy with a new project to do import/export business from India.

People Philosophy: Kendre believes in open door policy with friendly culture. Every one working around is allowed bring new ideas to the table and contribute to success of the business.

 Social Responsibility: His social involvement is more in India. He has set up scholarship fund in his home town, has donated funds to charity organizations in India for earthquake affected people and in process of building a temple in his home town.

 Kendre can be reached at kendre@globalhealthcaregroup.com

Dnyanoba Kendre, President/CEO: Entrepreneur Of The Year 2002

    Ken Kendre, President/CEO of Global Healthcare Group has been selected as Entrepreneur Of The Year 2002 by Ernst and Young based on his accomplishments of starting and growing FORTUNE 500 Systems and Global Healthcare Group successfully. Each year Ernst & Young, through its Entrepreneur Of The Year® awards, seeks to recognize great business achievements around the world. Such accomplishments are made possible by the entrepreneurial spirit — the incredible depth and character that entrepreneurs possess as they develop new technologies.
Create faster ways to distribute goods and services, and improve the quality of life for people around them. Ken's name will be included into the Entrepreneur Of The Year Hall of Fame which was created to celebrate and promote entrepreneurship.The awards gala will be held on June 19, 2002 at Marriott Hotel, Harrisburg, PA, USA.Entrepreneur Of The Year® celebrations will be held in 42 cities around the country throughout the month of June. Winners will be selected from an elite group of finalists in each city and announced during the black-tie award ceremonies. All of the regional winners will then be eligible for the overall National Entrepreneur Of The Year award, as well as several additional EOY category awards. All national finalists and award winners will be announced at a gala event in Palm Springs, California, November 23, 2002, at the Ernst & Young National Entrepreneur Of The Year Awards.

                                    Prepared By: Raj Wale, Director of Operations

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