How to build a successful company
Today I had the opportunity to interview successful entrepreneur and business leader Ernie Bray of ACD. ACD is a technology and services provider for the auto insurance industry. He built his company into a fast growing firm that has gained awards such as multiple year rankings on Inc. Magazine’s Inc. 5000 and Deloitte’s Tech Fast 500. What I wanted to find out for readers is what is it like to bootstrap and build a company without any outside investment and actually grow it successfully. We all hear about start ups receiving funding and burning through cash but this was a different approach and here’s what I found out. How did you get your idea? Well, I had worked in the auto insurance sector for about eight years prior to ACD. I saw an industry that was so behind in technology and ripe for innovation. The claims process was very paper centric and vast amounts of valuable data wasn’t even being captured. As we all know today, data have tremendous value. With that i...