Dick DeVos Stands Strong For Education Reform

When Michigan billionaire Dick DeVos sees a task that needs completing, he will find a way to get it done somehow. Dick and his wife Betsy believe in returning education to the local level and are all about strengthening private schools and voucher programs. They’ve met with some difficulty along the way, such as failing to get tax-credit vouchers passed in a 2000 legislative bill, but pushed on to get the Great Lakes Education Project completed in 2002. And Dick had tried to effect change at one point by running for governor in 2006 and did not succeed, but he continued working to get laws passed, including a 2012 right-to-work law.

 

Dick DeVos has had a long history of running businesses. He learned skilled trades at a young age from his father Richard DeVos, the man who helped build Amway Corporation and is the current owner of the Orlando Magic. Dick got his bachelor’s degree in business from Northwood University, and would later complete his MBA and Ph.D. there as well.  He served as vice president from 1984 to 1990, and then later as CEO from 1993 to 2002. From about 1991 to 1993, he was the CEO of the Orlando Magic, and also won election to the Michigan State board of education.

 

Amway grew its customer base to over 50 countries internationally, and foreign sales actually surpassed domestic sales during that time. Since stepping down as CEO of Amway, he and Betsy have helped attract investors to The Windquest Group, a privately-owned investment firm with holdings in energy, manufacturing, and technology companies.

 

The Dick & Betsy DeVos Foundation is the catalyst for much of their non-profit work, and through it they’ve helped setup Children First America, The Education Freedom Fund, supported Mars Hill Bible Church, and the Hugh Michael Beahan Foundation to name a few. The Kennedy Center in Washington also received a generous million-dollar contribution from Dick and Betsy for its Institute of Arts Management. Dick has also authored the New York Times best seller, Rediscovering American Values, a book discussing how America has been made great thanks to hard work and a virtuous people.

 

 

Scaling Up A Company

Start ups a buzz word right now in the world of business. There are a lot of people investing in new innovation and technology and using it to build a business. There are plenty of examples of companies that have had massive success in this area. For example, Uber now is as valuable as many major automotive companies. Technology is a great field to start a business in, but there is a lot of competition. If you are going to succeed in this area, you need to be prepared for a lot of hard work and long days. Few people are ready for all of the additional work that they have to do in order to grow a business. Mike Baur has had a lot of success with new companies, and he can teach you ways to build a business the right way.

Read more on fintechfusion.com about Mike Baur.

Mike Baur

From an early age, Mike Baur knew that he wanted to build a company. There are a lot of people who have the dream of starting a business. However, few people have the work ethic to follow through. If you are someone who wants to start a business, it is important that you understand everything involved in that process. There are a lot of people who burn out in the first few years because of the hard work. Mike Baur tells people to make sure that they are making time for exercise and family time when starting a business. This allows for balance in life and keeps you from getting burned out.

Financing

Financing a business is a complicated subject. There are a lot of people who stay away from all kinds of debt in their business. This is generally a good idea for several reasons. If you do have to borrow money to get your company started, this greatly increases the risk that things are not going to work out. Debt payments eat into your cash flow, and they also make it harder to scale up over time. Instead of using profits to grow the business, you know using your cash to make debt payments.

If possible, have a mentor when starting a business. This is a great way to grow your business over time and you can have a lot of success with some help. Mike Baur has been mentoring people from across the country in order to help them with their business.