Institute for Entrepreneurship Entrepreneurial Education Partner
The Daviess County CEO Cohort was treated to a wealth of entrepreneurial wisdom on November 8th during an enriching visit to Belt Tech Industries. Welcomed with warm hospitality by CEO Jordan Russell, COO Chris Kimball, and other Department Heads, the cohort dove into the inspiring story of Belt Tech Industries' evolution from a small startup to an internationally recognized company.
Jordan Russell shared a pivotal moment in Belt Tech Industries' history, highlighting the challenges and triumphs that marked the company's journey since its inception in 1990. The entrepreneurial spirit of the company founders, including Jordan's father, sparked the creation of a business that began by addressing a local need for belt-splicing services and has since expanded to three locations, even reaching overseas markets.
Key values were emphasized by Jordan and Chris, including Honesty & Integrity, Respect, Pride, and Drive. These principles form the foundation of Belt Tech Industries, influencing not only their business decisions but also their approach to hiring and maintaining a strong team. The emphasis on doing the right thing consistently and fostering a trustworthy reputation underscores the company's commitment to its core values
The cohort received valuable insights from Belt Tech Industries' leadership on the essentials of starting and sustaining a successful business. Jordan and Chris offered practical advice, such as the importance of being rigorous but not ruthless, hiring the good people (getting the right people on the bus), utilizing tradeshows to showcase products and services, and diversifying offerings to avoid dependency on a single customer or employee.
Furthermore, the leaders encouraged the cohort to remain open to new opportunities, embrace change, and not fear rebranding when necessary. The duo stressed the significance of staying relevant in the dynamic business landscape and underscored the fundamental truth that business is ultimately about people.
The Daviess County CEO Cohort expressed their gratitude to Jordan Russell and Chris Kimball for generously sharing their time, experiences, and invaluable insights. The visit to Belt Tech Industries served as a beacon of inspiration for the aspiring young entrepreneurs, reinforcing the importance of resilience, integrity, and a people-centric approach on the path to business success.
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