How One Small Business Became One of the Nation’s Largest Federal Contractors

The co-founder of Torch Technologies, Inc. designed his company to be 100 percent employee-owned. Why? To hold himself and his team accountable. September 19, 2019 3 min read Opinions expressed by Entrepreneur contributors are their own. Torch Technologies, Inc., has risen to become one of the largest federal contractors in the nation — as a 100-percent employee-owned small business. Co-founder Bill Roark spoke with Entrepreneur about why giving employees a slice of the pie can make for better work, faster growth and tangible benefits for those serving in the U.S. military. This interview has been edited for length and clarity.  What does your company do? We’re one of the nation’s top 100 defense companies — we work with the federal government and the Department of Defense on engineering services across the board. Just a few of the things we do are designing, modeling and simulating missile and aviation technology. How do you define success? Torch is […]

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This Company Aims to Revamp the House-Flipping Process For Both Buyers and Sellers

Targeting first-time home buyers and utilizing a portfolio of strategies is key, according to RESICAP’s founder. September 11, 2019 3 min read Opinions expressed by Entrepreneur contributors are their own. When the recession hit in 2008, RESICAP founder and co-CEO Andy Capps — along with his business partner, Lance Popp — saw rare opportunity in the housing market. Since then, they’ve aimed to make flipping single-family homes higher-quality and more cost-effective. This interview has been edited for length and clarity.  What does your company do? My business partner, Lance Popp, and I met at the gym — we were always there at the same time and started talking shop. We realized our skill sets complemented each other to reposition entry-level houses to first-time home buyers. During the recession, we were buying entry-level houses, renovating them and then flipping them to first-time home buyers because at the time there was no institutional interest. […]

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Inside the Company That’s Turning Traditional Financial Advisors Into Independent Business Owners

Good Life Financial Advisors reshaped the finance industry by using the 2008 recession to their advantage. September 10, 2019 4 min read Opinions expressed by Entrepreneur contributors are their own. Traditional financial advisors do their clients (and themselves) a disservice, argues Conor Delaney, co-founder and managing partner at Good Life Financial Advisors. That’s why he designed his company to support independent, service and community-oriented advisors by taking on the backend business work for them.  This interview has been edited for length and clarity.  What does your company do? In 2008, when the recession hit, investors got smart. They started wondering why they were being interviewed by these big, overcharging companies that benefited their shareholders before them and provided the least amount of service. That gave our company the opportunity to come in. We take financial advisors who are in a culture of sales and move them into a culture of service […]

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This Company Turned Pharmaceutical Research Into a Profitable Marketplace. Here’s How.

The CEO and president of Scientist.com says workplace culture is the primary driver behind 54 straight months of company growth. September 9, 2019 4 min read Opinions expressed by Entrepreneur contributors are their own. What happens when you take the most expensive and time-consuming aspect of your industry and make it marketplace-ready? In the case of Scientist.com: serious profits, greater innovations and even saved lives. CEO and president Kevin Lustig, Ph.D., explains how the company is revolutionizing pharmaceutical research. This interview has been edited for length and clarity.  What does your company do? We’re a B2B marketplace for the pharmaceutical industry that’s helping the industry become more efficient at doing drug research. We’re used by large pharmaceutical companies to reduce costs, save time, promote innovation and ensure compliance. It used to be that scientists would do the research themselves in big pharmaceutical company labs. Today, researchers are often not doing the work […]

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