The Shelter Mortgage Experience

Brevard Business BBN News Vol.3520 No. No. 021 JanuaryJanuary 9, 2017 7, 2002 $1.00 A Weekly Space $1.00Coast Business Magazine with PublishingA Weekly Roots Space in CoastAmerica Publication since 1839 BrevardBusiness Hall Jobof Fame Link to honor key entrepreneurs Rick McNeight, Ed Scott resourceBy Ken Datzman connecting INDIAN HARBOUR BEACH — Entrepreneurship is a driver of innovation and job growth in communities firmsof all sizes. It is integral andto creating a thriving job econom yseekers in America. Growing great business ideas is the door hinge of capitalism. access to America’s Job Bank and other By ButKen to Datzman be successful as an entrepreneur takesemployment vision, Web sites, videos, career a smart game plan, market knowledge, some luck,guidebooks and and an in–depth collection of muchThe more. visibility It’s a ofrough–and–tumble the Brevard Job Linkbusiness periodicals,world including “The Wall Street gotand a only big boostthe best in 2001.thought–out, market–tested ideaJournal.”s usuallyThe continuingsurvive. contraction in the The centers also have computers economy,“The most although important a rebound thing about is expected starting anequippedy with word–processing software, incompany 2002, focused is that there a much is a brighter market for light what on youfax want machines, to copiers, laser printers, and thedo,” importance said businessman of the organizationEdward “Ed” andScott, whotelephones along with long–distance access. A iwithts mission partners in theBill county. Coleman and Alfred Chuangvideoconference founded system is available, andThe built four BEA full–service, Systems Inc. one–stop into the career 12th largestwhich may be used for conducting centerssoftware in company Brevard in — the from world Palm before Bay it to was acquiredinterviews. Titusvilleby Oracle Corp.— handled in 2008. significantly Employers, said South, can provide increased“A lot of traffic, people even have catering this ‘build to itpeopl and ethey willthe come Job Link’ with its openings free of whoidea, haveand 90 never percent had of a the need time to tapit’s athi loser.s Therecharge really either online, by fax or phone, resourceneeds to be before. a possibility that you could fill a markevisitt one of the centers “or they can ask requirement,“It’s been aand great sometimes year in thatthat wemarket have needfor is not a representative so to come and see direct and obvious. Uber is a good example of that. been able to get services out to people them at their place of business. We There was a market need, but people just didn’t see it.” quicker and more efficiently than ever would like to see every single job order in Secondly, he said, is to set reasonable goals and “test before,”your theory said about Linda the South, market executive to see how your producBrevardt County to be in the Job Link directorwill be received.” of the organization. For example, She people added, frequently “I system, “rush so that we can rapidly match thinkin and a start lot more a restaurant people have because come they to know howskill to sets. And if we don’t have the match understandcook. Six months the valuelater they of the are rich out re- of business we’llbecaus usee the information to create sourcesthey didn’t that look are at available all the other in the elements Brevard that areducatione and training opportunities that Jobrequired Link tocenters, make a not business only from a success, a job– such as aremarket- responsive to the need.” seeker’sing, location, standpoint and so forth. but also” from the Brevard Job Link is funded through employer’sAll three standpoint. founders of” BEA Systems had beenthe Brevard Development Workforce BBN photo — Adrienne B. Roth involvedThese in information–packed early stage companies centers and startupsBoard. Inc. in Rockledge. It also has been The four full–service one–stop career centers of Brevard Job Link are seeing increased traffic. Linda South, “We spent about six months and almost $1 million offer a variety of services to job seekers, successful in winning competitive grants executive director, said her organization is a rich resource for both the job seeker as well as the employer. businessesplanning what and the the company unemployed. was going For to do,” said Michael Anderson is associate director. They are at the Melbourne site in Perimeter Center. instance,Scott, who t hereearned are his job bachelor’s referrals, and Internet master’s degreePlease in see Brevard Job Link, page 18 BBN photo — Adrienne B. Roth political science from Michigan State University and is Entrepreneurs Ed Scott and Rick McNeight will be honored as Junior Achievement of the Space Coast’s 2017 Business Hall of Fame Laureates. a graduate of the University of Oxford. The banquet will be hosted March 4 at the Embraer hangar at the Orlando Melbourne International Airport. Scott was one of the founders of After it got going, BEA Systems, a public company, BEA Systems Inc. McNeight founded Paravant Computer Systems. A Laureate Reception was recently held at the Lansing Island Clubhouse. From Whatused a “roll–up the strategy,” Socialmaking one acquisition Security after left: Anne Conroy–Baiter, plan president, would Junior Achievement; mean McNeight; Jimto Barfield, you Business Hall of Fame Banquet co–chair; Scott; Raymond James another. “While I was there we acquired 32 companies.”Nothing will& Associates’ happen immediatelyBrent Peoples, Junior AchievementThe 16–member board chairman; panel Shelter unanimousl Mortgage Co.’sy Natasha Cartagena Spencer, Business Hall of Fame By MaryBEA Systems’Deibel roster of clients included FedEx,since Visa President, Banquet Bush co–chair; isn’t expected and attorney to Mark Malek,approved Junior these Achievement options board three member weeks agowhose firm sponsored the Laureate Reception.. ScrippsE–Trade, Howard and AT&T. Service “We had some big namesmake that any recommendations to Congress to carry out Bush’s campaign pledge to really depended on our software. If our softwareuntil failed 2003,, after the 2002 congressional let younger workers divert some of the in a catastrophic way, some of the big companies would 32904 Here’s what to expect if Social elections. 6.2 percent payroll tax they owe on INC. not have been able to deliver their products,” said Scott. NEWS, BUSINESS Security is changed so that younger BREVARD Local entrepreneur Richard “Rick” McNeight, whBasico Social Security checks would be wages to individual accounts that own workersfounded Paravant can invest Computer some of their Systems payrol Inc.l in 1982smaller in than called for inPAID current law. stocks and bonds. POSTAGE taxMelbourne money inand private led the accounts, company asthrough its successfulDepending on market performance, US total Workers who opted to take part would BREVARD BREVARD President Bush’s Social Security Com- benefits from Social SecuritySTANDARD plus your choose from the five low–risk funds, one PRESORTED mission proposed a few weeks ago. personal account could be higher or each for government bonds, corporate PRESORTED Please see Business Hall of Fame page 19 Current retirees and those nearing lower. bonds and a stocks–and–bonds mix, plus BUSINESS BUSINESS retirement — anyone 55 or older today The commission plans call for extra two stock–index funds that track the US — would get Society Security benefits as tax money of up to $71 billion a year and broader market. Workers could change POSTAGE promised under the present system. require other changes that could raise their choice once a year and couldn’t PAID Workers younger than 55 could put income or payroll taxes or raise the borrow or withdraw money. STANDARD money into a private account. GOP panel retirement age for future retirees. l PLAN 1. “Free Lunch” — lets NEWS, member and former Congressman Bill Social Security currently collects workers put 2 percentage points of their Frenzel calls the Bush Commission’s enough payroll tax to pay 100 percent of 6.2 percent payroll tax into a personal three–account alternatives the Free benefits through 2038 and 73 percent of account. Nothing else changes, and INC. Lunch, the Blue–Plate Special and the benefits thereafter if the system isn’t Subsidized Lunch. changed. Please see Social Security, page 16 BBN BREVARD BUSINESS NEWS Space Coast Credit Union announces new leadership roles, seven professionals earn key promotions Melbourne–based Space Coast Credit Union has service centers and, most recently, director of member business intelligence announced the promotion of several individuals. services and e–banking. Originally hired as manager of the Pembroke Pines “I am excited about these promotions because of what In addition to driving the implementation of SCCU’s branch in 1998, Matthews was promoted to regional sales they represent to what we are trying to do as an organiza- first mobile platform, DeRoy led the successful conversion manager in 2000 and grew the branch network in tion,” said Doug Samuels, the president and chief of the credit union’s online banking systems in 2015, Broward County from four initial locations to the 12 executive officer of Space Coast Credit Union. “What we “drastically improving” the way members access and branches present today. want to do is attract excellent, smart people who possess monitor their accounts on a daily basis. In addition to overseeing card services in his new the core values; provide them excellent leadership — and l Thomas Domingue to vice president for loan services position, Matthews will also assume responsibility of enable them to build their careers through their own Domingue began his career at SCCU in November SCCU’s new business intelligence department, utilizing preparation, achievement and work under the guidance of 2007 as branch supervisor and has served in several roles the credit union’s upgraded systems to better know and inspiring leaders.” over the years, including as branch manager, operations serve member needs.

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