Entrepreneur Jim Henderson, 43, is tired of seeing his employees' health coverage whittled away. The owner of St. Louis-based Dynamic Sales Co. Inc., has become visible at governmental round table discussions and is something of a poster child for small-business frustration over rate hikes.
Henderson has grappled with insurance costs for his seven employees for 17 years. As the second-generation owner of a construction and industrial supply firm with annual sales of $1.5 million, he remembers when his employees had a zero-deductible, 100-percent coverage plan.
This year, Henderson went to a deductible of $2,000--with employees responsible for the first $1,000. "It's a solution, but it's not one I'm happy with," he told me.
Double-digit hikes in the cost of health care every year have business and government leaders looking for a silver bullet--and entrepreneurs saying that it's about time.
Of the nation's estimated 46 million uninsured, 27 million are either small-business owners, employees or dependents.
For more on the health care crisis among entrepreneurs, see this JLL article in the June 2007 issue of Entrepreneur Magazine. http://www.entrepreneur.com/magazine/entrepreneur/2007/june/178358.html
J. Louise Larson http://jlouiselarson.blogspot.com/
Showing posts with label entrepreneur. Show all posts
Showing posts with label entrepreneur. Show all posts
Tuesday, February 5, 2008
Sunday, February 3, 2008
Trump partner Louis Cappelli sees things differently
While others gaze at trees, White Plains developer Louis Cappelli sees the forest of opportunities.
An occasional partner with Donald Trump, White Plains, NY-based Cappelli has almost single-handedly transformed the skyline along the Long Island Sound with plans for some of the tallest structures between New York and Boston.
It's a matter of how you look at things, he said when interviewed for an October, 2007 article for AirTran Airline's in-flight magazine, Go.
“When I drive my car in a city, I’m not just gazing out the front of the car daydreaming, I’m looking at what’s there. If I see something and I like it, I come back and figure out how I could do that.”
If you ask Cappelli how to achieve business success, he’ll tell you to think less about what you want. “Walk into negotiations with a completely open mind, with a goal of getting something accomplished,” he says. “Listen to everyone, then try to figure a way to compromise.”
In a nutshell, here's some of his best business advice:
• Know what the other party wants
• Create consensus
• Be credible
To read more about Louis Cappelli, see the original article in Go:
http://airtranmagazine.com/contents/2007/10/above-and-beyond/
An occasional partner with Donald Trump, White Plains, NY-based Cappelli has almost single-handedly transformed the skyline along the Long Island Sound with plans for some of the tallest structures between New York and Boston.
It's a matter of how you look at things, he said when interviewed for an October, 2007 article for AirTran Airline's in-flight magazine, Go.
“When I drive my car in a city, I’m not just gazing out the front of the car daydreaming, I’m looking at what’s there. If I see something and I like it, I come back and figure out how I could do that.”
If you ask Cappelli how to achieve business success, he’ll tell you to think less about what you want. “Walk into negotiations with a completely open mind, with a goal of getting something accomplished,” he says. “Listen to everyone, then try to figure a way to compromise.”
In a nutshell, here's some of his best business advice:
• Know what the other party wants
• Create consensus
• Be credible
To read more about Louis Cappelli, see the original article in Go:
http://airtranmagazine.com/contents/2007/10/above-and-beyond/
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