Secrets of a fortune 500 ceo for growing your company
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Transcript of Secrets of a fortune 500 ceo for growing your company
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Secrets of a Fortune 500 CEO for Growing Your Company Fast
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Disclaimer
• This is not investment or legal advice
• Seek competent counsel
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If you are wise man you want to learn the secrets of the best
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Yet it is often impossible to get the best to give you their secrets
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They do not know you
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They might not tell you even if they knew you
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And they are too busy to write it all down for you
or give you lectures
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Now I am going to give you some secrets of one of the most
successful executives in recent times
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This is a rare opportunity and you may want to
give them your full attention.
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My father, Dr. John H. Lux, was an exceptional businessman who built his career on successfully merging
and successfully running many companies
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His results were without equal
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Over a period of almost 30 years, he built a team that built up
AMETEK, Inc. and pushed it into the Fortune 500
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During his tenure, AMETEK increased its dividend every year,
holding the record on the New York Stock Exchange for consecutive
years of dividend increases
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AMETEK became one of the “Nifty Fifty” institutional stocks
while he ran it
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AMETEK’s return on investment during this time was rivaled only by
IBM and 3M during the same decades which were their best years
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AMETEK continues to honor his legacy today with the
Dr. John H. Lux Total Quality Accomplishment Award
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Imagine the feeling of pride
from running a team Like AMETEK's
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Before AMETEK, he ran and built another public company,
Haveg Industries, on acquisitions and internal growth
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When he started, you literally could not give away the
stock of Haveg – they bought stock at $2 for employees and the
employees wouldn't buy it when the stock hit $6!
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Under his leadership Haveg stock essentially doubled every year for
seven years – from $2 to $128, before it was sold to Hercules.
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How would you feel if you had invested $20,000
in Haveg, when you had $1,280,000
seven short years later?
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Haveg was another company he and his team built on acquisitions and
successful operations
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Thus, he had many decades of wildly successful
acquisitions and operations
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Forbes magazine once said that he was one of the few industrialists
who could both buy and run companies successfully
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He was trained at Purdue University
with a Ph.D. in Chemical Engineering
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He achieved his Ph.D. in record time and Purdue has honored
him by making him one of Purdue’s distinguished alumni
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Technology and innovation were important to him,
he held 16 United States and four foreign patents
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Beyond his professional expertise, he was beloved
for his human touch
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His executive team and many of his other hard working employees
repeatedly told me how much they loved his presence, his interest in
their personal welfare
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When he bought back Haveg Industries after having sold it 20
years earlier, the old employees wept openly on seeing him enter the plant
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As I learned from him, true success comes from loving what you do,
being professional in what you do, achieving world-class results built
on quality, and in having strong relationships with the people
around you
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This is what we all want, but success is in the execution
– will you commit to doing it or not?
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As you can easily imagine, the insights into business growth that my father gave me, starting at the
age of 11, are not to be found anywhere else
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They include not only unique techniques into corporate, tax,
and securities, not only in buying companies,
but in running them as well.
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He taught me as I was his only son and I find
business fascinating
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We are continuing his business success at
Lux Legacy Fund, LLC, a private equity fund.
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He had so much information we cannot cover it all here for you now
but we can hit the highlights
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He had a strong sense of ethics and integrity
– his word was his bond
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He set ambitious goals and got them done
no matter what
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For Haveg, he once spent the last two weeks of one year,
including Christmas, in one motel room to close a deal
before midnight New Year's Eve
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He also spent the first week of the new year in that motel
room as he developed pneumonia from exhaustion
– but he had closed the deal before midnight New Year's eve
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His team was absolutely key to his success
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He was very proud of his team and their accomplishments in both business and their family lives
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He only promoted from within. Each team member could move up
based on his merit
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He knew that a company that fights internally
will soon be destroyed
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He never stopped learning.He developed many
new technologies
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Quality was key and he had a roving quality team to help the divisions
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He managed by statistics
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He managed “by walking around,” constantly visiting his divisions
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He was never afraid to make mistakes, as he knew he could fix
almost any mistake
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He is a tough act to follow, but we are committed
to helping you and your company excel
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We are continuing his interest in world class growth
by assisting developing and microcap companies
to achieve their full potential
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We offer more than affordable legal services to help you
achieve your “Rocket Ride”
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We back you up with decades of experience and expertise in
assisting growing companies, stock trading, and
investment banking
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If your company has world-class growth potential,
we want to talk to you now
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You can find out more with a free consultation about your future “Rocket Ride”
that is not a sales pitch,Call John Lux
(240) [email protected]