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How To Take $3000 And Turn It Into A $28 Billion Company

The Startup Life

Release Date: 02/11/2020

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More Episodes

In this episode, we talk to Tom Golisano(Founder & Chairman Of Paychex) as we discuss the early days of his company, how he is a bit of a prankster, and also why knowing the numbers in your business are extremely important. We also discuss his new book "Built Not Born: A Self-Made Billionaires No-Nonsense Guide For Entrepreneurs."

Purchase Tom's book on his website or on Amazon

Follow him on Facebook, Twitter, LinkedIn, and Instagram.

 

**More On Tom**

Thomas Golisano—entrepreneur, philanthropist, and civic leader—is the founder and chairman of the Board of Paychex, Inc., headquartered in Rochester, New York, with more than 15,500 employees and 100 office locations nationwide.

Before starting Paychex, the prevailing wisdom was that it was a waste of time selling payroll services to companies with fewer than 50 employees. Golisano, however, saw an opportunity; he did the math and proved that smaller companies needed payroll processing services just as much as larger companies, while still offering an excellent return on investment. He grew Paychex one partner and franchisee at a time, over many years, and today the company has a market value of $28 billion. Still active in business and philanthropy, he currently mentors the entrepreneurs who run the businesses in which he has invested, and he also oversees his family’s charitable foundation. To date, he has donated over $300 million to a wide range of charitable causes, including educational institutions, children’s hospitals, and especially organizations helping people with intellectual and developmental disabilities.

 

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Written by: Dominic Lawson

Executive Producers: Dominic Lawson and Kenda Lawson

Music Credits:

**Show Theme**

 Behind Closed Doors - Otis McDonald 

**Break Theme**

Cielo - Huma-Huma 

Sponsors/Partners

Contact DR and Associates today for all of your marketing needs online at www.drandassociates.com, on social media, or at 615-933-3681

 

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