January 29, 2010 @ 6:02 am
An American Businessman with Business in His Blood
They say that you never quite know how you are going to handle success in business until you are thrown right in with the sharks. At that point it becomes sink or swim and even the best trained business students on the planet will have to learn to rely on their own wits and gut instincts once genuine competition begins to come after what they have achieved. The same holds true for Samuel Foti, one of the foremost business success stories in the United States today. He learned much of his character from his father, the successful business man who founded and ran Hose Masters, Inc. but he added to this early training his own education at the Wharton School of Business from which he graduated in 1974 before heading for further training and a Master’s degree from the Graduate School of Arts and Science at the University of Pennsylvania. He knew the solid academic back ground would carry him far and he has proved that theory to be entirely correct.
He lent a hand in his father’s company and helped it become the leader of the metal hose manufacturing industry, but that simply was not enough. Having business in the blood meant Sam Foti wanted more, bigger and better action on a grand scale. Since he was already a licensed insurance underwriter, it was natural that he go to work for the best company he could find and that is how he came upon The MONY Life Insurance Company, another project that he revolutionized by getting the business up to date with all of the latest hi tech tools to streamline performance and increase profits. His tireless work ethic has lead the company to major successes today. His eye for innovation has given him a critical edge that has not only improved the companies he has worked for, but the venture capitalist choices he has invested in.
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