KU­MARAN PADAYACHEE

Finweek English Edition - - MANAGEMENT -

The en­trepreneur­ship bug bit Ku­maran Padayachee early on in his ca­reer. He be­came the MD of KPA in 1993, at only 21 years of age. Fast-track to 2005, he made it into the Top 5 as a fi­nal­ist in the Ernst & Young World En­tre­pre­neur Awards, Best Emerg­ing Cat­e­gory. In 2006, he was se­lected as an En­deavor En­tre­pre­neur. (En­deavor En­tre­pre­neur is a non-profit or­gan­i­sa­tion that iden­ti­fies and as­sists high-growth en­trepreneurs in emerg­ing mar­kets around the world.)

So, where did his jour­ney cross paths with Spar­tan? Back in 1981, Spar­tan was a small, pri­vately owned busi­ness fo­cus­ing on rent­ing elec­tri­cal equip­ment. With tech­nol­ogy rapidly evolv­ing, the com­pany mor­phed into a com­puter and IT rental busi­ness. In KwaZulu-Na­tal in the early

2000s, Padayachee was run­ning KPA As­set Based Fi­nance e and was look­ing to ex­pand into Gaut­eng teng when he dis­cov­ered the tech­nol­ogy gy fi­nanc­ing busi­ness. KPA was keen en to con­cen­trate on the tech­nol­ogy ogy rental mar­ket and well-es­tab­lished hed Spar­tan was an ideal fit. In 2003, KPA ac­quired Spar­tan and be­came its hold­ing ld­ing com­pany, with Padayachee be­com­ing ng CEO of Spar­tan Tech­nolo­gies. What are Padayachee’ss big-big­gest ca­reer mis­takes and nd lessons learnt? He high­lights lights two sig­nif­i­cant ones:

Not ‘think­ing big’ ear­lyy on “I started as an en­tre­pre­neur ur at 21 years old, how­ever, I only nly started think­ing big and d

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