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Wayne Boikin There are a lot of companies with big revenues, but there is one special one. This company has made 25 million in revenue in 2004. The address of this company is: Tolt Service Group 8350 S Karen Rd, Bldg. 104, Tempe, AZ 85284; (480) 705 - 8658, and the name of this company is Tolt Service group. This company has a really interesting and to some point unique management plan. It was as real honor to hear about the creation of the company from its founder Wayne Boikin.
This business hasnt been running for a very long time, it was founded in the 2002, but it has to be agreed that the results that this company has reached are really high. The main reason for starting this company was the fact that Wayne was tired of working for somebody else he wanted his own business. This desire led to the fact that in 2002 the company was founded. Besides the great idea there were other aspects that were needed.
Because Wayne had been working for some time prior to creation of his own business, he already had an idea of what is needed. By the time the company was about to be set up the founders already had the business model, business plan and even had such an important part as the customers, but the only thing that they didnt have was the capital to start this business with. This led to the fact that they had to borrow money, and the sum of money that they needed wasnt exactly small it was 1 million and 200, 000 American dollars. This was the sum that was needed for a successful start of the new business. Now after the couple of years of operating Wayne can teach other people in what is needed to start the company and the management plans.
He learned a lot of lessons from his company the one thing that he still regrets that he didnt do, and that he knows he will most likely look after in the future is to pay very close attention to get guidance in operating agreement. You always have to watch out whom to ask for advice! Of course, there where aspects that didnt need to be changed, the main thing that Wayne considers his victory is the fact that in this company they had non negotiable elements in the business model. This is very important for running a successful business.
Of course in order for one to start a business there are a lot more aspects needed. Wayne always thanks his parents for giving his good education; he is a firm believer that without good education you cannot achieve very high goals in life, because you will not have a firm base to build your success on. Wayne always says: The better you have, the better you do! If you invest into good education, than your investment will bring good dividends in the future. There is always one thing that Wayne wished he had more prior to starting the business it is money. He is a firm believer, and it is his primary advice to anybody who wants to start a business: Know your business, and always have the money ready to fund your business.
Despite the fact that Wayne loves his business and he takes pride in it, when he was asked if he had to change his life 360 (what would he do, he said that hed work in the weather forecast, because he would like to spend more time outdoors. Who knows maybe when the company will start to have 100 million revenue a year, Wayne will have a chance to start a new career.
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Research essay sample on Start A Business Firm Believer
