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Soin International Soin International - founded in 1998 by Mr. Rajesh K. Soin - is a private multinational holding company that provides strategic management, administrative systems and financial support to a diverse array of subsidiaries and affiliates. High-tech solutions, engineering services and manufactured products are amongst the markets Soin International companies serve. Headquartered in Dayton, Ohio, Soin International companies serve customers worldwide through offices in North America, Europe and India. Mr. Rajesh K. Soin, the founder, chairman and chief executive officer of Soin International , a successful businessman known throughout the world for his business acumen, leadership and expertise in growth oriented businesses covering multiple industries. The Raj Soin College of Business at Wright State University, Dayton, Ohio is an example of Mr. Soin's steadfast dedication to world class leadership. The most prominent among Mr. Soin's successes is his first, MTC Technologies Inc., now a public company listed on the NASDAQ National Market under the symbol MTCT. Mr. Soin founded MTC with his wife in 1984 as a multifaceted, high-technology and engineering services company that has grown in 22 years to over $400 million in sales. MTC is Dayton, Ohio's largest defense contractor employing nearly 2,900 people worldwide in 40 locations. Today, MTC Technologies Inc. provides a wide range of sophisticated systems engineering, technical, intelligence, program management services and information technology services to the federal government within a broad focus of Air Forces, Land Forces and National Security programs. Subsidiaries Soin Capital, LLC BIO: Businesses are not
run on emotions
Soin graduated from Delhi University in 1969 with a bachelor's degree in mechanical engineering. After graduation, he went to the US with barely enough money to get into Bradley University, where he earned a masters in industrial engineering in 1971, while working as a research assistant. Over the years Soin has continued his postgraduate studies in business and finance at Bradely University and Illinois State University. He is also pursuing advance management programmes at Harvard University and Wharton School, University of Pennsylvania. In 1978, Soin and his wife Indu became American citizens. Soin started his first business when he was 22. He has two children. Soin started his business in 1971 with Firestone Tyre and Rubber Company as an industrial engineer and worked at various production facilities until 1978. Then he joined Williams International as manager of corporate systems. While at Willams, his responsibilities included looking after the departments of industrial engineering, operations planning, scheduling and management systems. Here, Soin tried his hand at a couple of different business ventures and like most entrepreneurs, it took him a while to find his niche. In 1984, Soin decided to start another business and to devote full time to the venture, which he named MTC. Soin and Indu started MTC with $1,700 in cash, a handful of credit cards, and a dream. MTC was founded with the idea of providing engineering and technical services to the department of defence, but quickly became an incubator that has spawned numerous businesses in a variety of industries. Soin says, “To run a successful business one needs to put in a lot of effort. If I had strictly followed the basics of management, then I would not have been successful. Moreover, had I started at a younger age, I would have been more successful. We plan to expand the base of Corbus in India.” Looking back, he thinks the most “influential persons” in his life have been “my parents. Whatever I am today is because of my father. My mother on the other hand has been responsible for imbibing family values in me. When I landed in the US for the first time, my pocket was picked and I had $3. I had to spend 15-20 days with that money. I survived on boiled potatoes and sandwiches. Those days matured me and made me confident to take on the world.” He attributes his success also to his employees. “If I am successful, it is because of my employees. I have been very lucky to get good, talented people to work with. I work for 10-12 hours a day. I get up around 5 am, spend an hour and half to read newspapers and then exercise for 45 minutes. This is a routine I follow without fail every day.” Family seems to play a major role in his life. “I now spend more time with my wife. Family is very important for me. When I have to devote more time to them, then I make it a point to cancel my appointments. Among my other hobbies, I love to fly. I am a sometime-pilot. Flying is a very risky hobby, according to my wife, but I love it. I have several aircraft and a jet. It is a wonderful feeling altogether when you are in the midst of clouds. I also love water sports and cooking. Whenever a thanksgiving dinner has to be made, then I am the one who does it. Usually I cook elaborate dinners at least two-three times a year. In summers I love cooking outside.” Soin loves to read biographies. Among his favourite books are those by Stan Williams. As a professional, Soin follows certain basic principles. “You should never bring emotions into work. Businesses are not run on emotions. Professionals should manage business. My sons are on boards of my company, but they are consulted only when we have meetings.” Soin visits Vaishno Devi once a year. “We organise jagrans at home occasionally. Beyond that I don’t pray on a daily basis. I believe in the Supreme Being. My wife is very religious. We have a temple at home.” Soin does a lot of charity work as well. “Community work
is my passion, he says.”
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