The 1989 Inc. 500
Brief profiles of 15 Inc. 500 CEOs.
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Company Profiles
#17: JOHN LAU
Sells computers to corporations
Growing Up
Mother Teacher, garment factory worker
Father Salesman, waiter in Chinese restaurant
Hometowns Hong Kong; New York City's Chinatown
Education M.S. physics
Jobs Vice-president of global data network at Shearson/American Express
Getting Here
"I had a lot of ideas in my mind, and I wanted to do them much faster than my management, so I decided, hey, I really need to do things on my own. So I started Lautek in the basement of my house."
My Company, My Self
Inspiration "It seems I have no choice. To drive as much as possible is part of my inner self."
Family in Business Wife, cofounder and VP; brother-in-law, chairman
What's Changed "When I talk to end users -- or sometimes to purchasing people -- they don't see me as the regular white-man majority. That continues today. It's not frustrating, just part of life."
Lose Sleep Over Cash flow
Workweek 75 hours
Last Vacation Haven't taken a week since starting company
Use a PC? Yes
What's Next May go public
Footnote
"There's so much I can do; looking back at things, I could have done so much better. In work and life, too. But there's no use in looking back. I've liked the momentum. There was nothing, then something was created -- something to the best of my ability. That's probably the driving force."
#35: ERIC KRISS
MediVision Inc.
Operates 30 eye health-care centers
Growing Up
Mother Marriage counselor
Father Physician and professor
Education B.A. music, M.B.A.
Jobs Started a music magazine; wrote music books; editor at a weaving magazine; consultant at Bain & Co. and cofounded Bain's VC arm
Getting Here
"Bain studied this business for Bausch & Lomb, which decided not to pursue it; I was at Bain Capital, read the business plan we put together -- which now had no company behind it -- and decided to buy the idea from Bausch."
My Company, My Self
Inspiration Ben Franklin -- his balanced approach to life
Family in Business None
What's Changed "We spent the first two years intensely following competitive developments, organizing a strategy to make it more difficult for competitors to enter. I'm not concerned about that anymore. If a company started next week it wouldn't bother me."
Lose Sleep Over Government regulations, especially Medicare reimbursement
Workweek 50 hours
Last Vacation "I don't think I've taken two consecutive weeks off since eighth grade."
Use a PC? Yes, and also at home
What's Next Have plans to sell company by the end of the year
Footnote
"I'm not a workaholic. I never work on weekends or at night. I always spend time with the family. I'm amazed at people who say they work 16 hours a day, because you know what? I think I've probably got 4 or 5 good hours a day."
#74: ERNEST PROVETTI
Manufacturer of motors for model racing cars
Growing Up
Mother Homemaker
Father Longshoreman
Hometown Brooklyn, N.Y.
Education B.A. philosophy; seminary student
Jobs Catering, rental car agency
Getting Here
"Building engines was just something to subsidize my own hobby. I didn't expect to make a living at it. Eventually I talked my mother into letting me pull the furniture out of the house, and I built a factory in our apartment. My mother still lives in Brooklyn -- with furniture."
My Company, My Self
Inspiration Donald Trump. "I'd give up half my net worth to have lunch with him."
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