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L E A D E R F R O M S C R A T C H
R A G S T O R I C H E S
P R E S E N T E D B Y :
D A N E Y A L
M I R Z A
A U D I E N C E :
D R . H I N A
K H A N
INTRODUCTION & EARLY LIFE
SHAHID KHAN AKA SHAD KHAN, THE 16 YO KID FROM LAHORE THAT LIVED THE
AMERICAN DREAM FOR 45 YEARS
THE RICHEST MAN OF
O R G . B E H A V I O R & L E A D E R S H I P
S E C T I O N C - U C P M B A F A L L 1 4 ’
R A G S T O R I C H E S – S H A H I D K H A N
hahid Khan has true rags to riches Paki - American
story, his rise to success and his habit of helping
others and giving back is something which is so
phenomenal about this Pakistani origin billionaire. He
came to US with only $ 500 to his name, his journey
from 500 US$ To 4.6 Billion US $ is filled with sweats
and smarts. Khan was born in Lahore, Pakistan to a
middle-class family who were involved in the construction industry. His
mother (now retired) was a professor of mathematics. He progressed to
the United States in 1968 at age 16 to study at the University of Illinois at
Urbana–Champaign.
S
The soles of his shoes were torn by the time Shahid Khan made it to the
YMCA where he expended his first night here. The Y wanted $2 a night,
which Khan, then only 16 years old, could afford until the dorms at the
University of Illinois opened. He had strained the student union before
that, after a Greyhound bus deposited him in the small college town. But
the union’s hotel wanted $9 a night, far too much. The next day he began
his first American job — washing dishes for $1.20 an hour. Khan’s journey
began after that day’s blizzard, still one of the most severe Illinois has
ever seen — 2 feet of snow in two days. None of this was normal for Khan,
nothing like what he experienced in his native Pakistan. But these
weren’t obstacles. They were adventures.
If that 16-year-old boy could have seen his future, he would have seen a
bloke who built a business by being opportunistic and adaptable, like
he was his first night in Champaign. He would have seen it grow into a
billion-dollar industry. He would have seen his name all over the campus,
on a tennis facility and an academic building.
If that 16-year-old lad could have seen his future, it might have delighted
him, but wouldn’t have shocked him. After all, in a way he came seeking
exactly what he found. His was a life created from nothing outside
his own spirit, intellect, hard work and charm.
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KHAN’S WAY OF ADAPTING IN TOUGH US CONDITIONS
n an unfamiliar atmosphere, most humans stick to others like them. It’s
comfortable in a time of a demanding evolution. Khan took a
different track. Instead of seeking others who could relate to his
immigrant story, Khan signed up for community as soon as he could,
enthusiastic to meet people who weren’t like him in his new home. “The
Beta Theta Pi house, which was a very choosy house, and all customarily
white Anglo Saxon Protestant invited him either out of curiosity, for fun or
to see who he was, and they loved him,” said David Sholem, one of Khan’s
close friends. He got to know about sports that weren’t like the ones he
saw growing up in Lahore, Pakistan. They had rugby and cricket. Here he
had to learn football and basketball. He went to football and basketball
games with his society brothers, learning about the sports that were alien
to him. Khan met Ann Carlson, the woman he married after more than a
decade of dating.
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HOW DID KHAN SHAPE AN EMPIRE
hile the optimistic, young engineering student was still in school,
he began working at a minor manufacturing company called Flex-
N-Gate. Khan worked there until 1978, when he left with a loan from the
Small Business Administration to start a company called Bumper Works.
There Khan developed a bumper that has since become an industry
standard. Then he returned to Flex-
N-Gate and bought the auto parts
manufacturing company.
W
Flex-N-Gate started with Japanese
manufacturers, who were importing
small trucks without bumpers into
the United States that needed bumpers before they hit the market.
Eventually, the American auto companies, awestruck by the quality of
Flex-N-Gate's products, came around. The firm grew from there. Khan
worked around the obstacles presented him. He saw opportunities
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where there were problems — some of the best opportunities for
growth.
HOW KHAN VENTURED INTO SPORTS & WELFARE
s Khan’s fortune nurtured, he spent his money on the university that
accepted him in 1966 and helped start his extraordinary expedition.
He paid for a tennis centre, which bears his name, and has donated to the
entire athletic sector. Khan has lent his plane for recruiting purposes. He’s
also spent tens of millions of dollars on academic constructions.
A
Khan and his wife gave more than $1 million to the YMCA, memorizing his
very first days in Champaign. He bought the Urbana Golf and Country
Club, of which he is a member even though he doesn’t golf much, and
facilitated it survive a financially tough time.
Khan is not thoughtless or a thrill seeker. He is a venturesome
opportunist, now he owns a NFL Team Jaguars & an English Football Club
Fulham.
Currently he is busy in making his NFL team
get into good shape, Khan admits it won’t be easy. For him it never has
been. But he retains the spirit that comes from people who have seen
enough of other parts of the world to appreciate the eternal opportunities
of America. “You can do anything you want to do,” Khan says. “You have
to work hard, you have to create your own luck, and you have to
have some luck also. But here, it’s possible.”
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