Friday, August 22, 2014

Annette Presley's Shot to Success

Nowadays, being a dropout is not something to be ashamed of especially when you have made a good, perhaps even great, name for yourself. Such is the case with Annette Sylvia Presley who was once described as the "most successful dropout" of the Auckland Technical Institute.

And what a success she has proven to be! Presley is a Kiwi well-known telecommunications entrepreneur. She is the co-founder of Slingshot, one of New Zealand's biggest Internet service providers (ISPs).

In 1992, Presley and her then-husband Malcom Dick moved to Australia where they co-founded Call Australia that grew at an impressive rate. But in 1998, they sold Call Australia and moved back to New Zealand.

Slingshot, for which Presley is most closely associated, started as a of CallPlus, a company founded by the couple in 1996. Presley and Dick held 45% each of the stocks with Martin Wylie, CEO, owning the 10%. Presley also became the company's public face while Dick was in charge of the technical side.

Tuesday, August 19, 2014

Annemarie van Gaal: The Gal With The Guts And Gumption

In the media industry, it takes guts and gumption to stand out from the competition and Annemarie van Gaal certainly has both traits in abundant measure. She is an influential Dutch entrepreneur, investor and author as well as television personality whose investments in the media industry continue to make their mark.

Van Gaal started her career as an executive assistant at United Dutch Publishers in 1985 and she soon rose up in the ranks as a project manager in one of the company's subsidiaries. In 1990, she was assigned to Russia as manager of the Moscow Illustrated Press but the venture fizzled out by the next year.

By 1992, van Gaal manifested her guts and gumption in the dog-eat-dog publishing world by co-establishing her own company, Independent Media. With her innovative approaches, the company achieved fast growth from just $1.5 million turnover in 1992 to nearly $80 million in 1998; employees increased from 15 to 700 in the same period.

No surprise then that Independent Media has garnered multiple award under van Gaal's leadership, such as the East Europe Prize for Enterprises, the Best International Publishing award from IPC, and the best Business in Russia from the American Chamber of Commerce.

Truly, van Gaal has made a publishing empire in her own right. Independent Media is the recognized leader of the publishing industry in both Russia and Ukraine with a wide range of publications including trade journals, consumer magazines, and newspapers. Popular names include the Russian editions for Marie Claire, Cosmopolitan, Men's Health, and Good Housekeeping.

Van Gaal also became the General Director for the Telegraaf Magazine Group (TTG) upon her relocation to The Netherlands. However, she had to step down from the post due to a conflict of interest but she is still an active member of the company.

But why stop there? Van Gaal also has her own publishing house and real estate company as well as a private equity investor.

Friday, August 15, 2014

Oliver Pollock: Underrated But Significant


Oliver Pollock was an Irish-born American businessman and financier who was known for funding the American Revolutionary War. He was also credited for the US Dollar sign which he created in 1778. Despite his contribution to American history, Pollock remained an undervalued figure.

Pollock was born in Coleraine, Northern Ireland in 1737. At 23 years old, Pollock joined his father as they sailed to Philadelphia and settled in Cumberland County, Pennsylvania. In two years, Pollock’s port-to-port trade with the Spanish settlers in West Indies became a success. There, Pollock also developed his friendship with Governor General Alejandro O’Reilly. Pollock began trading in New Orleans following O’Reilly’s appointment as Governor of Louisiana by the King of Spain. Pollock’s close association with O’Reilly earned him the favor of the officials of Spanish Louisiana and granted him permission for free trade within New Orleans.

At the time when flour became a scarce commodity in Louisiana, people became desperately in need of Pollock’s flour shipments. However, instead of taking advantage of the scarcity, Pollock chose to sell his flour at half the going price. This gained him popularity and he became the city’s most successful businessman.

During the American Revolution, Pollock used his wealth and political influence to get his appointment as “commercial agent of the US at New Orleans.,” He financed America’s operations in the west, including General George Rogers Clark’s successful campaign in Illinois in 1778. He also used his influence with Spanish Louisiana to conquer Louisiana, Alabama and Florida.

Tuesday, August 12, 2014

William Piper Sr.: Unplanned Rise to Aviation Prominence


William Piper Sr. was an American businessman, aviator, and airplane manufacturer. He founded the Piper Aircraft Corporation and served as its first president. He was an inductee into the National Aviation Hall of Fame.

Piper was born on January 8, 1881 in the village of Knapp Creek in New York. His father managed the family’s dairy farm and crude oil business. At eight, Piper was exposed to rural life - milking cows and walking miles every day to attend a one-room school in the countryside. At nine, he assisted his father in repairing the well pumps of their crude oil business. Later in his boyhood, his family moved to Bradford, Pennsylvania.

During the Spanish-American War, Piper was recruited for the US Army. After the war, Piper took up mechanical engineering at Harvard. He graduated in 1903 with honors. His first job out of Harvard was with construction. Later, Piper returned to Bradford with his wife Marie van de Water. He took up his father’s oil business and turned it into the Dallas Oil Company. He had a short stint with the Army Corps of Engineers during the World War I. He went back to the oil business after the war but the business grew less profitable.

Once, a self-taught airplane designer named C. Gilbert Taylor built a monoplane and convinced the community leaders of Bradford to pledge $50,000 to build a facility that would produce the monoplanes in the town’s airport. Piper’s business partner pledged $400 in his behalf. Later, this partner told him, “Bill, you are in the airplane business now.” He knew little about aviation but he was elected into the board of the Taylor Brothers Aircraft Corporation as treasurer. Unfortunately, the company went bankrupt due to the Great Depression.

At the public sale, Piper acquired the bankrupt company for $761. The business environment was really tough at that time but Piper managed to produce low cost planes like the “Cub.” To sell the Cub, Piper pushed for free flying lessons. This appealed to many people to fly for the first time.

When his Bradford plant caught fire, Piper, along with his children Thomas, Howard and William, converted an abandoned silk mill in Lock Haven Pennsylvania into an aircraft factory. They re-organized the company and established the Piper Aircraft Corporation. The Cubs continued to set records of all sorts.

Friday, August 8, 2014

Anton Philips: The Story of the Positive Side of War


Anton Philips was an American businessman and industrialist who was the co-founder of Royal Philips Electronics. Anton and his brother Gerard founded the company in 1912. His father and Gerard were the founders of Philips Company which they established in 1891. Anton served as the CEO of Philips Company from 1922 to 1939.

Anton was born on March 14, 1874. He grew up in Zaltbommel, The Netherlands where his father owned a tobacco business and a bank. Anton joined Philips Company in 1912. That year, the family decided to change the company’s name to Philips Lightbulbfactory NV. Anton helped increase the company’s sales when the World War I broke out. At that time, several large markets boycotted German products and Anton was able to take advantage of the situation by providing alternative products.

Together with Gerard, Anton actively participated in many civic activities. They supported many social programs that involved education and sports. They were credited for the creation of the Philips Sports Association football department.

Tuesday, August 5, 2014

Henry Plant and His Contribution to the Railroads Systems in Florida


Henry Plant was an American businessman who was greatly involved in the railroad projects in Florida. He was the owner of the Plant System or railroads, a major player in the Atlantic Coast Line Railroad. Near Tampa in Florida, the city of Plant was named in honor of him.

Plant was born on October 27, 1819 in Branford, Connecticut. His father died when he was just six years old and his mother married again. His grandmother wanted him to be a clergy and offered to send him to Yale College. His impatience led him to an active career as a deckhand in a steamboat that plied New Haven and Hartford.

He did well with working on express parcels. But his company was acquired by Adams Express Company which transferred the business to railroads from steamboats. Plant went along with the change which made him in charge of the old York office. But his wife’s health problems forced the company to move them to Jacksonville n 1853. Then the possibility of future development in Florida opened the window for him.

In 1854, Plant was assigned as Adams Express superintendent for the territories in Potomac and Ohio rivers. Plant was successful in organizing the express service in the area which was relatively uncoordinated at that time. When the Civil War threatened the Southern properties with confiscation, the directors of Adams Express transferred them Plant. Plant organized the Southern Express Company in 1861 out of the Southern stockholders.

The Civil War ruined the Southern railroads and the depression of 1873 forced bankruptcy upon these businesses. However, the devastation was an opportunity for Plant. He believed that the Southern economy would eventually recover. At foreclosure, Plant acquired the Atlantic and Gulf Railroad in 1879 and the Charleston and Savannah Railroad in 1880. These companies became the nucleus of the transportation system that Plant would later establish in the southern Atlantic seaboard.

Plant chose the small village of Tampa to become the base of his southern Florida railroad and the home port of his steamships that ply to Havana.

Friday, August 1, 2014

Angelo Petri: Establishing the Roots of Cigar and Wine in the US


Angelo Petri was a French tobacconist and vintner. He was born in 1883 in Marseilles, France. In 1895, Petri moved to the US after his family’s cigar business also migrated to American soil. Petri served the family’s company. During his presidency, Marca Petri, the company’s flagship product, became the leading brand of cigar in the US. Revenues rose to levels far greater than what the company has achieved in previous years.

After the success of Marca Petri, Petri also revived his family’s winemaking business in 1933. The company was later known as United Vintners. Petri used innovation and marketing expertise to propel United Vintners to the top and become the world’s largest wine distributor by the time he retired in 1956.

The SS Angelo Petri, a wine tanker named after Petri became the first wine tanker in the world. On its maiden voyage in September 1957, SS Angelo Petri carried over 2.4 million gallons of wine from Stockton to Texas and New Jersey. It was unfortunate that SS Angelo Petri sank off the coast near San Francisco in 1960.