Shyam was born in December 1952. His father was a successful businessman in Western Nepal where he learned early enough the business approach and to become successful. Until 14 he was a lucky guy growing up in a well to do family with loving parents and a stable full of brothers and sisters. But then the father died when he was 14 and slowly cash become a topic. So with 18 he left his studies and started his own business. His protest against old meaningless rules of the then society helped him to a good start.
He started with a small grocery and little money. In this grocery he offered luxury goods targeting high value customers. But this business wasn't too exciting for him. When he got the chance he dropped and started in 1973 with a small Restaurant for tourists. As a dynamic entrepreneur he was never satisfied with what he had and soon started more and bigger restaurants in the valley. His flexibility showed when tourists started to come less. How? Well he discovered the Nepali family and made his restaurants family friendly with e.g.corners for children, changes in the menu, introduction of cyber, music and films in a new ambiente.

What other activities did he develop?
Around 25 years ago a good bread was difficult to get and he smelt an opportunity. Being able to put his hands on machinery imported for two bakeries as donation from the French government he installed two bread factories, in Kathmandu and Butwal. Even though at that time the bakery business was lucrative his energy was concentrated on expanding the "Nanglo Bakery" restaurant chain.
Two chances weren't enough for him. When his children grew bigger he looked for a good school for them in Kathmandu, but there was a dearth of good schools. Again luck was on his side. Private schools being allowed shortly before, he started Suvatara in 1989. This was a good opportunity not only to make money (and much of it) but also to get his wife in an activity, which she liked very much. So building up the school was practical from all angles. His wife getting interesting activities, he getting the opportunity to help his wife on the commercial side and his children getting a good school.
When asked about the ethics of business he stressed the importance of delivering good quality at good prices. and reliability. His guiding principal is "Nanglo" means indefinite and fast growth. So it is no wonder that he acquired a second school Lamatar, which was an excellent move, as he could get a running school at damned favorite terms. So another principal of his ethics seems to be "Take your chance where and whenever it arrives." Another point where he has to be special is time management, as otherwise he cannot manage all his tasks.

Where does he look for future growth?
His main interest lies in the school sector in which he now spends half of his time and he also likes to tell youngsters how to built up their businesses. While he didn't say this expressively we wouldn't be surprised if his next move would lead in the direction of a management school
What does he think of today's market chances? According to him it was earlier easy to enter a market as most economic areas where uncovered, but now there are few areas left without heavy competition. He stresses the importance of corporate culture, as he believes that there is no shortcut to be successful but to build up a brand name and keep it.
Where did he get most of his education from? He is also in learning a self made man. He used to read books and magazines after he had to leave university to learn what others have thought on business But even more important for him was his travelling experience and there most when he first went to US in 1975. This was for him a unique chance to learn everything about restaurants as he worked even though only short time in different kinds of restaurants. Thus learning how these guys were doing the job. He didn't mind to work as a helper or a dish washer as long as he could learn something. Again his practicability helped him. 1975 was not the only travel but still today he goes out at least twice a year looking for chances to expand his know how.
What is his attitude towards staff? He doesn't pay too much and the facilities offered are limited. He also doesn't spend too much money for training only when it is an absolute must. .
Then why are the people loyal to him? It is the career. He chooses all his top people from inside and anyone who is ambitious can get the chances, even if he or she start at low positions. Even when he was in the beginning he could convince his staff that

"Nanglo" meant future carrier growth
What are his family values? As far as kids are concerned he follows the motto " let chicken go where they want to go " and he encourages them to put questions and be rebellious in thinking. As far as his wife is concerned he likes to support her by leaving her as much leeway as possible and encouraging her to live her potential by at the same time showing her his importance. While he leaves his children very free he his wife and the kids are spending every year holidays together keeping the family intact.
What is his opinion on the senior citizen market?
According to him this has the potential to become a booming market, as families are falling apart and remittances are substituting earlier direct support. These remittances are increasing the buying power and thus will lead to an interesting market according to him.
Well thanks Shyam, it was a nice time together.

What can be learned out of it?

Sometimes learning from the parents can be helpful
To keep your family intact is very important for business success.
If you are married try always to involve your wife / husband, but see to it that responsibilities are clearly separated. Mix up kills.
If you are strong and ready to learn any time you can be successful also without a full academic study.
With a creative mind you can start business early with little money
Leave a business when it starts to bore you
Ask yourself always what could be in demand
In business you have to be always flexible and able to adopt to new developments
It's always good to stand on in business (not only )at least on two legs
Don't hesitate to take your chance
Laxmi is very important, as without luck you will not succeed and this means humbleness and gratitude.towards others.
To deliver good quality products or services against good prices is important.
Take chances without hesitation they seldom come back.
While strategic thinking and planning is important, never forget to keep your eyes open for new social and economic developments.
To become successful to built up brand names is important
To become successful travel and expanding know how through travelling is important. Don't mind how you learn.
Make your staff believe in you and your company, than you get the needed loyalty.