40under40 – the snowball effect

From national award programs to multi-million dollar deals, the 2002 40under40 Award winners have been making further inroads into their respective industries. Here is a snapshot of some of the 2002 40under40 winners’ business achievements since February.

Sally Capp: Australian Heritage Group director

SINCE winning a 40under40 Award Sally Capp has starred in a TV commercial, been the guest speaker at a host of business functions and recently won the WA Telstra Business Women’s Private and Corporate Sector Award.

Ms Capp will compete in the national Telstra Women in Business Awards on October 18. She said her whirlwind year began with winning a 40under40 Award and it was her involvement with the 40under40 Awards that prompted her to enter the Telstra Business Women’s Awards.

“I had been made aware of the awards at 40under40 and I was encouraged to enter it from people involved with 40under40,” Ms Capp said.

“It all started with 40under40 and snowballed from there.”

She said starring in the City of Perth ad campaign was fun but she has also been working hard on deals for Australian Heritage Group.

“We are working on a deal at the moment that will maximise the ability of the companies within our group to leverage off their relationships. The two companies with us are doing a deal together,” Ms Capp said.

John Wall: LJ Hooker Business Solutions director

JOHN Wall commutes between Auckland and Perth every two weeks and is achieving good business success and sales.

“Our business is up almost 200 per cent from last year and there are enormous growth opportunities in NZ, so I am on the ground here to roll our new products out,” Mr Wall said.

“I have also been appointed national auctioneer for LJ Hooker New Zealand, conducting all in-room prestige auction events, which is great fun. Last week we sold $4.2 million worth of property in two hours.

“The opportunities here are fantastic. The real estate market here is so buoyant due to a few economic factors, however when you consider there is no stamp duty and no capital gains tax, why wouldn’t you buy and sell real estate?

“We have now placed, trained and coached over 500 new real estate sales people for LJ Hooker who have sold in excess of $300 million in property in the past 12-month period.”

Mark Barnaba: Poynton and Partners and Gem Consulting managing director

FOR Mr Barnaba it’s been a year of busy deal making. Gem Consulting was recently appointed by Iluka Resources to improve the business and lift pre-tax earnings by $40 million a year. Mr Barnaba said it was a big win for the firm.

Andrew Horabin: Founding partner and key presenter Ovations Edutainment

MR Horabin said Ovations Edutainment had been enjoying steady growth since February this year and was continuing to expand its business operations across the country.

“We’ve recently hired four people in Adelaide … we are working to expand and the Brisbane office will come in about six to 12 months,” Mr Horabin said.

David Hogan: Scoop Magazine publisher and owner

DAVID Hogan is looking to launch a second publication in May next year. After celebrating the fifth year of producing Scoop magazine earlier in 2002, Mr Hogan says he hopes to make the current Scoop-Traveller section of the magazine a separate entity next year.

“Our focus for the magazine at the moment is on the retail, distribution and subscription side,” he said.

“We are looking at separating the ScoopTraveller section and making it a separate publication. We want to expand Scoop magazine to include more food and lifestyle stories. We will be expanding this summer by 16 pages, taking it to 208. It wasn’t that long ago that we expanded from 176 pages to 192, that was the last edition. In six months we’ve gone from 176 pages to 208.”

Marie Stoner: Clinical Cell Culture (C3) scientific director

MS Stoner’s revolutionary ReCell Kit and CellSpray, products, which she said can grow skin cells quicker than others on the market, have enjoyed significant successes this year.

The company’s successes have attracted the interest of development fund ECAT. A shareholders’ meeting later this month will decide whether to increase ECAT’s current 35 per cent stake in C3 to full aquisition. If that happens, Ms Stoner will be entitled to 17 million ECAT shares and three million incentive options. ECAT would be acquiring C3 at a valuation of $12.8 million.

Nara Srinivasan: Former ECU head of the School of Justice and Business Law

MR Srinivasan was headhunted by Murdoch University to lead its Business School after having spent 12 years with Edith Cowan.

He said his new role would provide new challenges and a good change.

“One of my jobs is to build business partnerships and industry contacts with the private sector,” Mr Srinivasan said.

“I want to build research partnerships as well as industry contacts to increase job placements.”

Suzanne Strapp: South-West Audiology founder and director

SINCE her 40under40 success Ms Strapp has won a Telstra Small Business Award in the micro-business category. She was also a State finalist in this year’s Telstra Business Women’sAwards.

Peter Barile: Dome Coffees Australia

Mr Barile was head-hunted from his position as company business manager at Dome Coffees Australia earlier this year by Croissant Express, where he has been operations manager for the past seven weeks. He hopes to secure an executive role in the future.

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