It is not easy to run a successful business like Southridge Capital in an era that is marred by economic instabilities that are brought about by different changes. However, according to the CEO, Stephen M. Hicks, it is not as hard as many people think it is. With varied skills and many years in the industry, Stephen Hicks believers that it is not a hard thing to run a financial institution like Southridge Capital LLC.
Before founding Southridge Capital, Stephen M. Hicks had helped many startups by developing their business plans. He saw how these startups grow from small companies to becoming well-founded business institutions in their respective locales. This motivated him to think about launching his own company. Stephen has a B.S. in Business Administration, which he received from King’s College, NY. He is also a graduate from the Fordham University where he got his MBA. Therefore, before Stephen founded Southridge Capital in 1996, Mr. Hicks had garnered some 30 years of experience in financial and business management. Stephen has a very elaborate strategy on financial and risk management. You can visit bloomberg.com to see more.
Thanks to his educational background and rich experience in the industry, Stephen is in charge of the Strategic Department of the Southridge Capital Company, which oversees many other sectors underneath. He doesn’t work alone. Mr. Hicks has hired a team of highly skilled business managers who help him to handle issues of Southridge. Recently, during an interview, Stephen was asked what makes him a successful investor. Although he was quick to brush the idea that he is successful, Mr. Hicks hinted that although there are many skills needed for one to be seen as successful, he cited organization and focus to be the primary skills. Mr. Hicks said that having a list of things that he must accomplish each day, week, month, and year, have enabled him to successfully run Southridge Capital LLC.
Stephen M. Hicks says that there is no single success without failure. During the interview, he conceded to have taken money from Southridge Capital and pumped it to Petals. “The amount was staggering,” Stephen agrees. “We lost it despite the efforts we put forth.” For more info you can checkout crunchbase.com