E94: Corporate Turnaround Artistry + Covid-19 Rocks Economies Worldwide
Wall Street Oasis
Wall Street Oasis
4.9 • 534 Ratings
🗓️ 9 April 2020
⏱️ 40 minutes
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| 0:00.0 | Hello and welcome. I'm Patrick Curtis, your host and Chief Monkey, and this is the Wall Street Oasis podcast. Join me as I talk to some of the community's most successful and inspirational members to gain valuable insight into different career paths and life in general. Let's get to it. |
| 0:25.4 | In this episode, Jeff Sands, a veteran of corporate turnarounds, shares his winding path. Learn why a |
| 0:30.8 | graduate from the South moved to Alaska for 10 years, why he got his MBA, how he transitioned to |
| 0:35.8 | his family business, and what he did when they |
| 0:38.4 | were wiped out by Hurricane Katrina. This is a very interesting episode, especially in light |
| 0:42.9 | of how COVID-19 is rocking financial markets and economies around the world. Enjoy. All right, Jeff, thanks so much for joining the Wall Streetoises podcast. |
| 1:01.2 | You bet. Great to be here. |
| 1:02.8 | To be great, if you could give the listeners just a short summary of your bio. |
| 1:07.1 | So real quickly, grew up in a family manufacturing business and in a long line of entrepreneurs |
| 1:12.6 | and was always determined to be an entrepreneur myself. |
| 1:17.0 | Economics degree, MBA, worked outside the family business for 12 years, went back, worked |
| 1:22.9 | in the family business, experienced my first turnaround there. |
| 1:27.6 | What did you guys make? |
| 1:29.5 | We printed textiles. |
| 1:31.5 | So we took raw polyester, printed artistic designs on it, and sold it. |
| 1:37.7 | Stuff your mom would buy to decorate the house, pillows, the decorative flag in front of |
| 1:43.5 | the home, stuff like like that and it was a |
| 1:45.7 | family business your your dad started it your yeah my dad started from scratch my mom |
| 1:50.8 | wouldn't let him put it in the garage so he started with a very small rented space |
| 1:55.6 | and one little heat transfer machine and built it to about 280 employees at its peak |
| 2:02.9 | great so then you joined right out of school. |
| 2:07.2 | No, I, I, um, school and then afterwards, I spent eight years working out of the, uh, you know, |
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