April 24th Newsletter

N.A.H.C. (Newton Animal Health Center)

Monday morning found us at NAHC learning about the many different facets of their business. If you haven’t had the opportunity, and we invite you to come along anytime, our business visits usually start with a history of the business, the history of how the individuals acquired their positions, and then we start dissecting the different aspect of the business. NAHC is a subsidiary of Effingham Animal Health. Diversification at NAHC has been key in keeping their business and their employees efficient. Their diversity includes livestock and pet supplies, hoop structures, boots, fencing, and much more. The Newton store has five full-time employees which include Kevin Woods and Brian Ochs who met with us Monday. Dell Althoff, owner of E.A.H.C., also visited with us and talked not only about his business successes but also about facets of the business that weren’t so successful, emphasizing that failure is part of success. He also left us with the advice of, don’t show up your first day of work and expect anything, show up and earn it. What great advice! Again, NAHC is another wonderful example of a small town business that we are so fortunate to have in our community.

Jerry McDaniel - Investing

Jasper CEO was again hosted by Superior Fuels and owner, Jerry McDaniel, on Tuesday to discuss the concepts of investing. Our main topics of conversation were venture capital, hedge funds, private equity, and angel investors. Inside of these topics and to better understand them we discussed each categories appetite for risk and the source of funds. These topics also led to great questions and discussion about stocks, what an IPO was, why private companies go public, mutual fund/investment managers and “style drift”. Jasper CEO loves to sit down with Jerry to discuss business. He has a great way of keeping large, confusing concepts simple to understand and easy to obtain. As we have stated before, it is the utilization of our human community resources that make the CEO program a success. We learn the best, most up to date industry information directly from the experts!

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The manner in which the CEO program is funded is critical to its success and sustainability. All funds raised are used exclusively for the Jasper County CEO program. To participate, a 3-year $1000 per year commitment is required. Business Partner Investors commitments of time and energy are also critical to the program's success. Contributions may be tax deductible, as our organization is a 501(c)(3) not for profit organization.

When we are not touring local businesses, we need a place to host the class. During that time, the 0 CEO students and their Facilitator would meet at your site where they would also have guest speakers and guests from the community attend. Hosting requires a facility with internet access and adequately accommodates up to 5 people.

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