There’s nothing better than coming to work with an amazing atmosphere. It’s important that both employees and clients are treated with respect.
Salman Quadri is the owner at P&Q Partners. Growing up in New York, Salman knew that he was a small fish in a big pond and that he would have to be extremely competitive to leave his mark in this world. Leaving a large footprint has always been something important to Salman and he knew that with more resources one can impact and influence more people in a positive way.
Something his father instilled in him at a young age was that no matter how good you are at something, there is always someone who is better than you. This forced Salman to push past his limits and excel in each industry he worked in, propelling P&Q Partners to new levels of success. Salman started working at a very young age and has always been ambitious. No matter how successful he became, he always stayed humble and grounded. His mother always made clear that no matter how much money you make you will never take it with you to the grave, so be giving and charitable and God will always give you more.
Since the inception of P&Q Partners, Salman has been able to help many lower to middle income families either directly or indirectly. Salman is a big believer that if you take from a community then you must give back twice as much. With these principles, P&Q Partners has been thriving and is expected to hit double digit growth for years to come.
Where did the idea for your company come from?
After growing and thriving in the financial services industry I decided it was time to take on a new venture and start my own business. After a couple of years, the right opportunity came along, and I knew that I wanted to go into business with my long-time mentor, Theo. Theo’s an individual who’s very knowledgeable and has been very successful in the industry. He has taught me a lot along the way.
What does your typical day look like and how do you make it productive?
Being an owner and boss, you are your own worst enemy. The only person who can hold you accountable is yourself. That’s why, for me, it’s important that I stay focused and wake up every morning with a clear and motivated mindset. In the office, you’ll always find me developing new ways to grow the business and make it more successful.
How do you bring ideas to life?
I bring ideas to life first by planting seeds with my people to see if they will grow. I always like a collaborative approach, so input and belief in the idea is very important to me. If people do not understand or agree with an idea it usually will not yield strong results. The buy-in is extremely crucial, so I do my best to bring up the idea with my top people first to get their input. We then create a system to implement. We normally do things in 90-day periods to get the most impact from it on a quarterly basis.
What’s one trend that excites you?
The technological revolution has provided so much efficiency for my business. We’re coming up with all of these cool apps to help our employees be more efficient with our clientele. Our office can now leave a light ecological footprint by cutting down the amount of paper we use.
What is one habit of yours that makes you more productive as an entrepreneur?
Since I can remember, I’ve been very tenacious, always with an inability to give up. I feel like the harder things get, the more I fight.
What advice would you give your younger self?
Never quit. Stick to it. Focus on solutions. Save your money. Live below your means.
Tell us something that’s true that almost nobody agrees with you on.
That people are, by nature, good people. We have been burned so much in business that we find it hard to trust people, but I feel business is run on trust and honesty. Although some people like to take shortcuts, I think with the right guidance people will inherently do the right thing. I always try to find the good in people and sometimes this is a weakness as a leader. My mentality is to always do the right thing no matter what. I do the right thing, not hoping it will come back to me through some form of karma, but because it’s just the right thing to do.
As an entrepreneur, what is the one thing you do over and over and recommend everyone else do?
Inspect what you expect. I’m constantly double checking everything to make sure that all processes are being followed to company standards. I’m very diligent with my work and I expect everyone else to be as well. I hold everyone to high standards as well as myself.
What is one strategy that has helped you grow your business?
Developing a culture of respect, trust, excellence, accountability, collaboration, service and gratitude in our business has helped us grow. There’s nothing better than coming to work with an amazing atmosphere. It’s important that both employees and clients are treated with respect.
What is one failure you had as an entrepreneur, and how did you overcome it?
I’ve had so many failures on my journey as an entrepreneur. Some were easy to fix while others left me ready to give in. I think one of my biggest failures that could’ve been avoided was when I started getting very comfortable and complacent in my career. Businesses are always changing, and you must keep up with the flow; you can never get too comfortable because you’ll start to lose your drive and determination.
What is one business idea that you’re willing to give away to our readers?
I was discussing this with my wife the other day. I gave her the idea of starting a baby-proofing business. I told her to hire and train a couple of people on how to proof homes and buy all of the material and then list your services on websites such as Amazon home services for example. It cost us so much money to baby-proof our house and I know so many friends of ours that just had babies and are in need of this service.
What is the best $100 you recently spent? What and why?
As a foodie, I’ve always believed money well spent is money spent on a good meal. I had a great food experience at a small fine dining restaurant in my area, At The Table.
What is one piece of software or a web service that helps you be productive? How do you use it?
We started implementing a new software about a year ago that’s able to track everything and anything that pertains to our clients all through a simple app on our phone. This software collects and transmits all of the gathered data back to the management team to help us figure out where our strengths and our weaknesses lie. We’re able to manage smarter because we have real time data updates.
What is the one book that you recommend our community should read and why?
Take the Stairs by Rory Vaden. This book showed me that there are no excuses in life and that there are no shortcuts whatsoever. The longer and harder path, although less traveled, is always the way to go. You have to make it happen no matter how many people tell you that you can’t. It’s just a very good book that highlights determination, perseverance, and dedication.
What is your favorite quote?
“Do it anyway,” as said by Mother Theresa. That is something that I’ve always lived by. I believe doing the right thing for people has gotten me to where I am today and is what contributes to the success of P&Q Partners.
• I learned that hard wok and dedication is what helps you make it in life.
• Put people first and as a result you will prosper in life not only financially but also emotionally.
• People are at the heart of everything that we do and we should always appreciate life even when it gets tough.
The 100 Best Books For Entrepreneurs
Sign up for our emails and we'll send you a list of the 100 best books for entrepreneurs, which we compiled by analyzing over 3,000 interviews.