Growth Investor with GrowthCap‘s RJ Lumba Software Savior: PAR Technologies’ Savneet Singh
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Mar 5, 2025 Savneet Singh, President and CEO of PAR Technology, transformed the company from near bankruptcy to a thriving enterprise with a market cap over $2.5 billion. He shares his journey of stepping into leadership amidst turmoil, emphasizing strong vision and employee engagement. Savneet reflects on his childhood dreams of becoming a tennis player and how that shaped his entrepreneurial spirit. He discusses strategic growth through technology integration and the importance of passion in entrepreneurship, inspired by his father's encouragement and his commitment to charity.
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Unplanned CEO Role
- Savneet Singh initially considered PAR Technology in 2017 for acquisition, later joining its board.
- He became CEO after attempts to sell the struggling company failed.
Culture First Turnaround
- Focus on establishing a strong mission, vision, and culture when leading a turnaround.
- Align your team, take accountability, and foster open communication.
Early Entrepreneurial Spirit
- Savneet Singh's father challenged him to pursue ambitious goals.
- This mindset influenced his entrepreneurial journey, starting with selling baseball cards on eBay.