Sometimes when we make a decision, it may seem tough but results in something better. The dilemma sometimes leads to better opportunities. Something like that only happened with this Indian-American guy. He had to leave his job, about a decade ago, and now he is a big name in all the Chicago. He is a billionaire of Chicago.
We are talking about Rishi Shah, who left his job to become an entrepreneur and turned out to be a new billionaire of Chicago.
Rishi Shah along with his partner start a healthcare tech company. Not to forget to mention that the company (a healthcare) was started after Rishi was inspired by his sister’s condition.
“My sister has type 1 diabetes. If she gets on an insulin pump and she is able to achieve better blood sugar control and she is checking her blood sugar more effectively, the device manufacturer wins, the insulin manufacturer wins, the blood glucometer wins, the doctor wins, but the payer wins most of all. And she wins personally.”
Rishi started with a campus magazine and moved on further to co-found ContexMedia with his partner Shradha Agarwal in 2006. He met Shradha at Northwestern University, Rishi was a student there.
Starting up a company wasn’t that easy, they faced hardship they funded it with loans. They had to face a lot of challenges, they worked hard to retain ownership. But wasn’t all paid off? They soon started earning the revenue was $1 million in the first year, but that was just a beginning.
Later they changed the name of the company to Outcome Health. The company is not in the top 30 out of 200 non-public companies. Since then the revenue increased and doubled every year. Well, hard work is always paid, Rishi and Shradha’s hardship made them billionaire of Chicago.