Indian American Ragula Bhaskar, who runs his highly successful business venture FatPipe Inc with none of the frills a big company usually has, has been acknowledged for his frugality and efficiency by the Utah state government.
Bhaskar has been included as co-chair of the Utah state review committee of Utah States' Boards and Commissions. His work entails pouring through records of 400 boards and commissions and evaluating their value, relevance and contribution.
Bhaskar's ability to trim his company's budget has been mentioned in an article on the online journal "Connect" that noted that FatPipe's "unique" trait was the frugality with which he operated.
The company's offices are not lavish, and five-star hotels are not allowed while travelling. The company operates on what Bhaskar terms a "zero" budget.
"For me personally," says Bhaskar, "if I take money from you, I have more than just a legal obligation, but also a personal obligation to spend that money even more wisely than I would spend my own money. It's a personal philosophy."
"The bad thing about giving people a budget," he says, "is that they feel the allocated money must be spent. At FatPipe, everything must be justified.
{{/usCountry}}"The bad thing about giving people a budget," he says, "is that they feel the allocated money must be spent. At FatPipe, everything must be justified.
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