Category Archives: Entrepreneur

Louis Chenevert: Success is a Team Effort

IdeaMensch is an internet newspaper that chronicles the experiences of entrepreneurs throughout the country. This issue is about Louis Chenevert, the former chairman and CEO of United Technologies Corporation. Before he was CEO of United Technologies Corp., he worked at General Motors for 14 years and then he worked for Pratt & Whitney in 1993. Chenevert earned a Bachelor of Commerce degree in Production Management from the University of Montreal École des hautes études commerciales (HEC). Presently he is Chairman of HEC Montreal International Advisory Board, and the founding director and chairman of the Board of Directors for the Friends of HEC.

Chenevert’s Successes with United Technology.

During his tenure at United Technologies Corp. he had overseen the design of many new engines and technologies that made UTC a force to be reckoned with in the engineering industry. Chenevert credits being passionate and eternally optimistic as well as being extremely focused for his reasons that his time with United Technologies was so successful. During his time at UTC, Chenevert helped take the airplane engine engineering monopoly from Rolls Royce with their design of the new Gulfstream G500 and G600 engines. They also managed to acquire Goodrich Aerospace, which was the largest acquisition at its time, costing 18 billion dollars.

Chenevert’s Vision for Success.

Louis Chenevert has a lot of entrepreneurial wisdom, that he was happy to share with the guys at IdeaMensch. One of the main ideas he shared was to put the right team together. A leader has to help the team overcome obstacles, while inspiring and appreciating them, and most importantly, never tolerate people who in aren’t in line with the agenda. People who don’t believe in your vision will drain your energy and the energy of the company over time. In fact, he regrets not paying more attention to interoffice politics.

Louis Chenevert in his vision, relied upon more than simply spending money. Above all, he focused on making sure those who are working for him are achieved their visions alongside the company. It was this idea that he credits for his success as an executive.

https://affiliatedork.com/how-former-ceo-louis-chenevert-helped-utc-become-a-global-force

Joel Friant’s secret to success

Joel Friant is a renowned businessman, some of the businesses he has been involved in include; home-based companies, real estate industry as well as the creation of products. Joel is also a speaker and a writer. Mr. Friant is known for his passion to see others excel and thus trains people on how to succeed in life and business.

His career journey started in the real estate sector, and as one grows. One is bound to change, this was no different for Joel, around the year 1995 Joel moved to a new venture which he has managed to achieve greatness and create a household name for himself. Joel entered into the restaurant business and was among the first people to introduce a Thai inspired fast food idea in America.

His product Habanero shaker has become a successful product all over the country, Joel explains how he discovered his love for the habanero.

During his time at high school, a friend introduced him to the habanero chile pepper. His passion for the pepper grew, and once he visited Jamaica and tasted other varieties, his love became stronger.

Joel discovered a gap when he noticed that there was no production of habanero shake and this led to the emergence of habanero shake. With his product in the market, more people would enjoy habanero. Joel’s product guarantees quality since it is not mixed with other products and is in its raw form to ensure maximum enjoyment of the habanero chile pepper.

Some of his secrets to becoming the entrepreneur he is today;

One tip that we learn from Joel as a businessman is; always be versatile, this has helped him maximize on good business deals. In 2003, Joel Friant returned into the real estate industry, in his time in the real estate industry Joel sharpened his skills as a salesman and become one of the best salesmen and this helped him open his mortgage lending business.

Joel Friant believes that learning from other people has contributed significantly to his success; it has also helped him get into other businesses. Joel’s other secret to success is avoiding procrastination, always ensure things are done and writing down a to-do list has helped shape him into what he is today.

Category: Entrepreneur, Food

The Success of Marc Sparks

World-renowned entrepreneur, Marc Sparks, was raised in Austin, Texas, where he graduated from high school in 1975. He skipped college altogether and immediately began his incredibly successful careers. But along the way there have been failures which he used as learning experiences. Since the beginning of his entrepreneurship, he has been the principal in many startups. He has used the few experiences that have not been so successful, to show him how to reach great success. His experiences and his talks about them caused his colleagues to encourage him to write a book about it. Learn more: http://www.lulu.com/spotlight/marcsparks

 

So he did. The book that resulted is entitled “They Can’t Eat You” in which he talks about these failed endeavors and what he learned by these failures. These failures include his building billion-dollar companies and then making mistakes that instigated his losing it all. He designed this book specifically for young entrepreneurs who are in the exact same position he was in and need advice about how to succeed in their endeavors. By learning from these failures, he has attained great success many a time. Today his primary base company, Timber Creek Capital, manages his currently most valued companies.

 

He is known as an entrepreneur that takes risks that most would never consider because they don’t see it as a possibility. But time and time again, Sparks has shown that these wild risks are not only possible, they are the best option for success. As busy a man as he is, he is always willing to talk things through with an employee. Sparks also plays a big role in charitable works, specifically in projects that assist the homeless. To this end he finances The Samaritan Inn, a homeless shelter in Texas. This shelter does more than just house them.

 

Its program includes counseling, financial education, job placement, family services, and health programs. It is so successful and so popular that ever week they are forced to turn away 75 people who want in the program. But this is not his only charitable work. He is also active in Habitat for Humanity, Sparky’s Kids Foundation, and America Can! This is a years-long labor of love, having been active in the work of The Samaritan Inn since the late 80s. Learning from his past, Sparks is very happy with his present, and extremely optimistic about the future. Sparks is also a very active outdoors guy. He often hunts, fishes, hikes, bikes, golfs, works out, and travels to exotic destinations all over the world. Learn more: http://sparktankdfw.com/