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Tag: Technology

Business Tips from Robert Deignan

August 3, 2018 • divinefuel

Millions of people are interested in starting a company. Robert Deignan is a successful entrepreneur who founded ATS Digital Services. Although he is a prominent business owner, he still takes time to teach people the basics of starting a business. After graduating from Purdue University, Robert worked multiple jobs before founding a company.

His first business idea was a failure. Although he worked hard, his company was not financially viable. He learned valuable lessons through this failure. Robert firmly believes that failure is an excellent way for new business owners to learn.

ATS Digital Services

Robert founded ATS Digital Services many years ago. The company offers multiple phone and internet plans for customers to choose from. Customer service is a critical aspect of the culture at ATS Digital Services. Robert wanted to operate a company that treated customers with respect. He only hires people who are passionate about helping customers with their problems.

Financial Capital

One of the most significant hurdles that new business owners face is having enough capital to get started. Some people have a business plan that requires a massive capital investment. Others have to borrow money to get started. Although borrowing money is not always a bad thing, some business owners end up deeply in debt. Robert recommends that people begin a company with as little debt as possible. Avoiding debt can reduce the overall risk of starting a company.

Hiring Employees

Robert did not hire his first employee until his company was financially successful. He teaches new business owners to spend a long time looking for employees. Some business owners hire the first person who applies for a position. Quickly hiring an employee is the wrong approach for anyone who wants to manage a sustainable company.

Future Goals

Robert has various goals for the future of his business. He believes that his company will continue thriving in the future. He is looking at different acquisition options in his industry. Buying a smaller company is an excellent way for his company to grow.

http://www.atsdigitalservices.com/

The Life and Career of Louis Chenevert, the Former UTC CEO, and Chairman

May 18, 2018 • divinefuel

Louis Chenevert, a Canadian businessman, gained a lot of fame, success, and recognition during his time at United Technologies Corporation where he was the firm’s, CEO and the Chairman. Recently, Mr. Chenevert was interviewed by IdeaMensch where he recounted his life and successful business career.

Early life and before UTC

According to Louis, the star in his career shined when he joined UTC. Before UTC, he had previously worked in various companies in different capacities. For the period between 1999 and 2006, he served as the president of Pratt & Whitney. He had joined Pratt & Whitney in 1993 from General Motors where he had worked for 14 years. His time at General Motors saw him rise in the ranks to become the head of St. Therese operation center. Louis also shortly worked at Goldman Sachs at the beginning of his career. He attended Hautes Études Commerciales (HEC) where he graduated with a Bachelor of Commerce.

The star of UTC

Louis Chenevert joined UTC in March 2006 and became the firm’s President, Director and Chief Operating Officer. In April 2008, he was promoted to the CEO position and Re-elected as President. In January 2010 he was named the Chairman a position which he held until November 2014 when he retired. He says that apart from leading UTC, as the CEO he was responsible for deciding which ideas developed by his team were best suited for the development and growth of the company. According to Louis, his success at UTC was substantially supported by the great team of employees who worked under him. He says at the time, all they wanted was to meet there customers’ demands excellently.

Mr. Chenevert memorable achievements at UTC

During the interview, he revealed that he considers the following as his most prominent career achievements at UTC.

  1. a) Bringing to life new technology that was crucial in the development of industry-changing narrow-bodied airplanes like the Airbus A-320 and the Bombardier C.
  2. b) Revolutionizing the propulsion of military jets engines for good with the invention of the F135 engine.
  3. c) Bring to life the GTF engine technology which helped reduce the cost of engine management and maintenance.

Undoubtedly, Louis is not only a great businessman but also an admirable revolutionist.

https://www.forbes.com/lists/2012/12/ceo-compensation-12_Louis-R-Chenevert_FTA5.html