Shobi Khan | CEO | Speqto Technologies
In the dynamic landscape of the software development industry, where competition is high and innovation is a must, Speqto Technologies emerges as a market leader. It was founded by pioneering entrepreneur Shobi Khan and provides a comprehensive suite of customized IT solutions to fulfill various needs of businesses.
Shobi Khan’s journey from humble beginnings to a successful CEO is a witness to his determination and entrepreneurial spirit. Shobi founded Speqto Technologies with the aim to revolutionize the way businesses use technology, with a background in technology and a passion for innovation. Today, Speqto is a thriving company with a global footprint and a reputation for providing advanced solutions.
Speqto Technologies provides a comprehensive suite of services, including mobile and web app development, blockchain technology, UX/UI design, AI, IoT, AR/VR, AI, generative AI, and crypto development. The company boasts a team of experienced professionals who are dedicated to understanding clients’ personalized needs and providing them with customized solutions.
We have featured the visionary founder, Mr. Shobi Khan, for “The 20 Most Inspiring CEOs Of The Year 2024” edition of Tycoon Insights. From this interview below, readers will gain practical tips and insights from his entrepreneurial journey, leadership philosophy, and the future of Speqto Technologies. Get ready to be inspired as you learn from the wisdom and experiences of this extraordinary CEO.
Tycoon Insights: Kindly tell us about the inception story of the company.
Speqto Technologies was born out of a passion for innovation and a desire to deliver exceptional software solutions. We started our journey in early 2017 in the NCR region of India. We were always focused on satisfying our customers by providing modern and advanced technologies. This commitment to our clients has been the key to our success. And we’re proud to have made a strong presence in both India and the United Kingdom.
Tycoon Insights: What is the key to managing your personal and professional lives flawlessly?
Well, it is a constant juggle to balance personal and professional lives. I set clear boundaries at the workplace. I’ve learned to say no to unnecessary commitments. and delegate tasks when possible. I make sure to spend quality time with my family and friends to have a happy life. This helps me focus on work while having a healthy work-life balance.
Tycoon Insights: How is your story of struggle any different from others as a CEO?
As a CEO, my journey has had its fair share of challenges, just like others. I come from a very humble background and position. I worked unpaid for six months to prove my worth as an employee. Then, I secured a paid role within three months and spent the next fifteen years honing my skills in top multinational corporations through hard work and dedication. In 2019, I leaped and founded my venture, officially establishing it as a private limited company in 2021.
Tycoon Insights: How do you keep up with the latest market trends?
I keep learning the news trends and all marketing strategies for changing my strategy. This allows me to get to know the latest trends and adapt to new marketing strategies. I can affirm that my business stays competitive and significant in this changing marketplace this way.
Tycoon Insights: Do you believe R&D is important for the growth of the company?
Absolutely, R&D is a cornerstone of sustainable business growth. By investing in research and development, companies can stay ahead of the curve, identify emerging trends, and innovate to meet evolving customer needs. It’s not just about short-term gains; R&D creates a culture of innovation and positions businesses for long-term success.
Tycoon Insights: Do you feel CEOs today face equal competition or is there an ‘it’s okay’ attitude to it?
CEOs today face intense competition from all sides. It’s quite hectic and a big responsibility, though the enjoyment is lesser as compared to a salaried person. The ‘it’s okay’ attitude is a luxury reserved for those who are complacent. The role of a CEO turned entrepreneur needs constant vigilance, strategic thinking, and a deep will to excel.
Tycoon Insights: Who do you look up to, and what do you convey further to the ones who look up to you?
I’m inspired by many leaders. While I admire their achievements, I’m primarily focused on keeping a positive, healthy, and supportive environment for my team. I believe that happy, healthy employees are more productive and committed so that we can match clients’ expectations and give them the best services.
Tycoon Insights: What are your thoughts on CEOs’ participation in the entrepreneurial world?
As a CEO, I firmly believe in the power of active engagement within the entrepreneurial ecosystem. We can build a culture of innovation, learn from diverse perspectives, and break free from stagnant patterns by connecting with fellow entrepreneurs. Collaboration is essential for growth, and by sharing insights and experiences, we can navigate challenges more effectively and contribute to the overall advancement of the industry.
Tycoon Insights: What message do you want to give to those CEOs who give up on their dreams because of some stereotypes?
To those CEOs who might be considering giving up on their dreams due to stereotypes, I say: Don’t let societal expectations or preconceived notions dictate your path. Just as we persevere in our jobs, businesses, and personal lives, we should maintain the same tenacity in pursuing our aspirations. Every failure is an opportunity to learn and grow. Keep moving forward, and you’ll find that your determination and resilience can overcome any obstacle.
Tycoon Insights: What does the company hold for it in the future (plans)?
Looking ahead, we plan to continue building upon our strengths in technology and innovation. We aim to deliver cutting-edge solutions that drive digital transformation by staying adaptable and responsive to evolving market trends and customer needs. Our commitment to excellence will continue as we strive to shape a more connected and efficient world.
Tycoon Insights: What milestones and achievements does the company boast of?
We’re proud of the milestones we’ve achieved at Speqto Technologies. In 2021, for instance, we were recognized with the Best Design Awards from DesignRush.com. That same year, we were also acknowledged as a top blockchain development company by multiple prestigious platforms like Top Developers, Clutch, and GoodFirms. More recently, SoftwareWorld even named us a top-rated NFT Marketplace Development Company. These awards motivate us to keep pushing boundaries and delivering the best possible solutions for our clients.
Tycoon Insights: How are you contributing to society through CSR initiatives?
We’re committed to making a positive impact on society by providing opportunities to young talent. Unlike many companies, we prioritize hiring fresh graduates and giving them hands-on experience. This is crucial because, in India, there’s a significant gap between the number of graduates and available entry-level jobs. We’re proud to contribute to bridging this gap and helping these young professionals launch their careers.
Tycoon Insights: Finally, is there a message you want to give readers to Tycoon Insights?
I would like to tell all Tycoons to always follow their dreams, no matter the obstacles. Keep your aspirations alive even during failures. Remember, success is often found in the persistence of pursuing one’s passions.
