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[vc_row][vc_column][vc_column_text] DONNA A. JAMES COMPANYFounder, President & Managing Director, Lardon & Associates L.L.C. BOARDHartford Financial Services Group, Boston Scientific Corp, L Brands Inc. [/vc_column_text][/vc_column][/vc_row]
By applying its proprietary operating principles (the details of which were not fully disclosed), Vista turned Sunquest around. In two years, Sunquest’s revenues increased to $185 million with $100 million in EBITDA. Four years later, revenues grew to $200 million with $120 million in EBITDA. Vista ended up selling Sunquest to Roper Industries, a provider of engineered products and solutions, for $1.4 billion, a return of more than 400% on Vista’s initial investment. “We’re not guessing. We’re not stock picking. We’re not placing bets,†says Smith. “We have designed a system that we use to give us a predictable outcome.â€
Gwendolyn Sykes, the chief financial officer that turned around NASA’s accounting issues, was recently named Yale University’s chief financial officer. The former CFO of NASA moved into her new position...
The 10 Black Enterprise Wealth for Life principles are meant to serve as a step-by-step guide to responsible saving, investing, and spending to build wealth and pass it on to future generations. Wealth preservation goes hand-in-hand with wealth accumulation. Consequently, the new principles place greater emphasis on financial discipline. Through consistent application of these principles, you and your family will be well on your way to establishing a financial legacy that will survive the test of time. We resolve to give you the tools you need to not just survive, but thrive, regardless of what the condition of the economy and financial markets.
The greeting card industry is a multi-billion dollar business, but for entrepreneurs looking to establish themselves, it can still be a hard sell. A great idea, sound business plan, and financing alone will not guarantee success. Here are some additional tips from greeting card industry insiders who have made their dreams reality:
