dcsimg

Career Story: Owner Of A Food Products Company

Owner Of A Food Products Company

Job Title: CEO $80,000,000 Business

Type of Company: Manufacture, sell and distribute food products to the supermarkets, club stores and restaurants.

Education: BS, Accounting, Manhattan College

Previous Experience: After college, I worked in public accounting as an auditor for four years. A client then hired me away to manage its internal auditing and I was promoted in time to controller and vice-president of finance. I then joined another company as chief financial officer and v.p. and treasurer, taking charge of its strategic planning process. I eventually became the executive vice-president and general manager of this food manufacturing company, with responsibility for all operations and profits. I then switched companies again, taking a job as chief operating officer of a $600,000 multi-division company with seven manufacturing plants. I'd spent years making money for other owners and found myself in a position to be able to buy an existing food manufacturing business and become an owner myself. I put up all the savings I had and borrowed the other 95%. The risk has paid off handsomely and, after 13 years, I've paid off all the debt and acquired the equity from the original lenders, and own the whole company.

Job Tasks: The majority of my time is spent communicating with key managers and with customers, banks and other organizations we do business with. My main function is to set and communicate the goals and objectives of the business, motivate employees to achieve those objectives, and reward their results and monitor their performance. I have a hand in all the major decisions we make and help key managers to solve problems that arise.

When you communicate with any outside company (with banks, insurance companies, lawyers, suppliers, consultants, etc.) you are always, ultimately, selling what you do. So presenting the proper image and selling my company's positive attributes is another major part of my job.

Best and Worst Parts of the Job: The greatest satisfaction I get comes from achieving business goals and rewarding performance with bonuses -- going to work every day,tackling opportunities and problems and having a lot of fun.

The worst part of my job is disciplining or dismissing an associate for repeated gross errors or misconduct.

Job Tips: Get a good education in the basics of business, with a strong emphasis on accounting and finance. All business comes down to profit and loss, but accounting is the language and the score keeper, and everyone involved in any aspect of a business has to have a basic understanding of it.

Also, find some aspect of the business that you like, give it your best effort and have fun. If you are not having fun then you will not be successful and you will just wind up going to WORK. If it is just work, then it probably will not be FUN. It is much better to get up every day and go to FUN as opposed to going to Work.

Popular Schools offering Business Administration Programs

quickinfoThese schools offer particularly quick info upon request, and we have written detailed profiles for each (click school names to see the profiles).

Request info from multiple schools, by clicking the Request Info links.

Matching School Ads

Lower Tuition Cost Than Many Other Universities.  Classes Start Soon.

  • Programs: Bachelor of Science in Business Administration, Master of Business Administration in Management, Associate of Arts in Business, more...
  • Degrees: Bachelor, Master, Associate
San Joaquin Valley College
Bakersfield, Delano, Hanford, Hesperia, Lancaster, Madera, Ontario, Salida, Temecula, Visalia

San Joaquin Valley College - A Private Junior College.

  • Programs: Certificate - Business Administration (Management), Degree - Business Administration (Management), Certificate - Business Administration (Accounting), more...
  • Degrees: Certificate, Associate

Get your career started with training from Washington State University.

  • Programs: MBA
  • Degrees: Master

Since 1888, The University of Scranton has grounded its education in Catholic and Jesuit principles based on intellectual growth and integrity, all of which shape the online master’s and certificate programs.

  • Programs: Online General MBA, Online MBA specialization in Accounting, Online MBA specialization in Human Resources, more...
  • Degrees: Master

Study online with University of Maryland at College Park.

  • Programs: MBA - General, MBA - Finance, MBA - Accounting, more...
  • Degrees: Master
Argosy University
Alameda, Los Angeles, Ontario, Orange, Phoenix, San Diego

Welcome to Argosy University

Argosy University offers doctoral, master's, and bachelor's degree programs to students through its eight colleges:  College of Behavioral Sciences, Graduate School of Business and Management, College of Education,  College of Health Sciences, College of Arts and Sciences, College of Creative Arts and Design, College of Clinical Psychology and Western State College of Law at Argosy University as well as certificate programs in many areas.

  • Programs: Business Administration (AS) (Online), Business Administration (BS) (Online), Business Administration (BS), more...
  • Degrees: Associate, Bachelor

Liberty University provides a world-class education with a solid Christian foundation, equipping men and women with the values, knowledge, and skills essential for success in every aspect of life.

  • Programs: AA in Business, DBA in Project Management, MBA - Accounting, more...
  • Degrees: Associate, Doctorate, Master

Johns Hopkins University Carey Business School has brought the philosophy of business with humanity in mind to a part time format.

  • Programs: Flexible MBA, Flexible MBA - Management, Flexible MBA - Financial Business, more...
  • Degrees: Master

Iowa Wesleyan University is a transformational learning community whose passion is to educate, empower and inspire students to lead meaningful lives and careers.

  • Programs: Bachelor of Science in Business Administration
  • Degrees: Bachelor
California College San Diego
National City, San Diego, San Marcos

The Secret to Getting Ahead is Getting Started

  • Programs: Business Administration - Property Management (BS), Business Administration (BS), Business Management & Accounting - Property Management (AAS), more...
  • Degrees: Bachelor, Associate
Matching School Ads

Additional Career Stories for Chief Executives

The inside stories from people actually working in the field.
Click a story title to show the story, and click the title again to hide it.

All Types

You are visiting:

Find a school near you

What are Career Stories?

Career Stories are concise, real-world career overviews written by people relating their personal career experiences and wisdom. They provide invaluable insights and mentoring advice to students and career changers.

Most stories include:

  • a typical day or project
  • tips and advice
  • best and worst parts
  • educational background
  • previous experience

Browse hundreds of Career Stories

More Details On This Career

Please also see our detailed information about Chief Executives, including:

Back to Top