Grit & Growth

Short Takes: Trailblazing the Internet of Things in Bangladesh


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Meet Mir Shahrukh Islam, cofounder and CEO of Bondstein Technologies Ltd. in Bangladesh. He created his IoT, or internet of things, company at a time when very few in Bangladesh even knew the term. Today, that future-focused, risk-taking spirit still defines and inspires his entrepreneurial journey.

Taking bold risks is part of almost every entrepreneur’s DNA. Shahrukh demonstrated that trait from the get-go when he chose his company name, Bondstein, a mashup of James Bond and Einstein. “Daring and smart” is how he strives to approach business challenges. The company he created generates actionable intelligence by connecting assets to the internet for SMBs and enterprises, including tracking vehicles, solving customers’ operational efficiencies, and reducing costs.

While risk taking conveys confidence to many, Shahrukh admits that doubts always remain. “Whenever I am taking a big decision, doubts always come. Will it work? Will it not work? Will I be able to convince my partners? Will I be able to convince my customers? Will I be able to convince my suppliers? But you never know until you take that decision, until you take that leap of faith. So it's always important to just trust the process, take that leap of faith,” he advises

Getting feedback — positive and negative — is essential for Shahrukh’s growth as a leader. “I constantly challenge myself with people who are more capable than me to deliver. I always meet with individuals who have achieved something that I aspire to achieve someday,” he says.

According to Shahrukh, taking a break to recharge is how he stays motivated through the ups and downs of entrepreneurship. He says, “Whenever I am very much cluttered or very much tired, I always take a break, go on a drive, talk with random people on the roadside, and try to understand different philosophies.”

Hear how Shahrukh is navigating the entrepreneurial journey and finding success and happiness along the way.



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Grit & GrowthBy Stanford Graduate School of Business

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