Meeting Minutes
Friday, May 21, 2004
Volume 11; Issue 19

 

Table of Contents


Committee Reports

Membership Report
(Click here to go to the Membership page)

No report.

Social Report
(Click here to go to the Social Event page)

Althea Bussert reminded members that there is a cabin available for the Winkelman trip on June 18-19.  Please call her ASAP if you would like to join the group.

Speaker Coordinator Report
(Click here to go to the Speaker Schedule)

  • 05/28/04     No Meeting
  • 06/04/04     Fred Vandervort
  • 06/11/04     Randy Clark
  • 06/18/04     Panel Discussion Continued "Positive Solutions for Changing Times"
  • 06/25/04     Dave Crissman
  • 07/02/04     No Meeting
  • 07/09/04
  • 07/16/04     Panel Discussion "Franchises"

We have open speaker slots.  Please contact Wayne Unruh to get on the schedule.

Treasurer Report

3rd quarter dues will be mailed out next month.  Please bring your account current before then.


Leads Report

46-29, 46-06, 16-19, 16-27, 16-32, 08-20, 08-38, 08-46, 20-28, 20-27, 20-45, 23-17, 42-35, 42-17, 41-13, 41-24, 48-34, 48-12, 12-13, 05-35, 07-14, 07-02, 45-13, 21-42, 21-18, 13-35, 13-33, 34-45, 38-20, 38-06, 22-19, 04-27 (x2), 04-32, 31-34, 43-15, 40-19, 40-41, 09-17.


Notable Mentions

We have a correction.  Gary Nelson's bash is on the 28th!  And his retail location should open med- to end-July...maybe.

There will be no meetings next week on May 28th (Memorial Day weekend) or July 2nd (Fourth of July weekend).

Greg Stewart found the scam artist that took him for $400 on a direct mail scam.  He asked the group if he should approach this person at his new job.  Bob Busch, who had a similar problem, told him not to do it or he could be charged with stalking.  Other members suggested that he take it to small claims. 

Chris Curran, twin brother of Adam Dekavallas, told members about a book he recently read.  It is Bankable Business Plans by Edward G. Rogoff.  It is a quick read with excellent information for both new and existing businesses.


Mighty Minute

None.


Question of the Day

None.


Main Speaker 

Gus Dekavallas - Opportunities
AnDek Financial/MetLife® Securities

There are a few people in this group born in different countries.  Gus Dekavallas is one of them.  He has heard a lot of negative talk about the U.S. but when he thinks about all the opportunities here, he believes it is the best country in the world.

Gus's father was a famous artist and sculpture in Greece.  The family moved to the the U.S. when Gus was eight.  But when you are born in Greece you are always a citizen.  And like many countries, once you reach a certain age you must serve in the military.  Gus's father helped him and his brother to avoid this fate.  But when his brother returned at the age of 36, he had to pay to stay out of the army.  Gus was allowed an exemption because he had served for the U.S. and did a tour in Vietnam.

Gus's family moved to Detroit where an uncle owned a restaurant.  They lived there for two years and had a great time.  The first thing Gus did when he got there was find a $100 bill.  Then he discovered baseball.  The first time he hit the ball he ran right down the 3rd base line.  He has been hooked on the game ever since.

Gus has been in Arizona for 46 years.  He has had many opportunities to move but turned them down.  He thinks this is the greatest place to live.  He went to high school here where he was involved in all three sports.  He was even an all-star in baseball (guess he figured out the right direction to run). 

Gus had an opportunity to play in the pros for the San Francisco Giants.  But his coach talked him into going to junior college first and waiting for a better offer.  But while in college he was drafted into the Army.  This is where he, and many others, went from being a boy to being a man.  His baseball days were over.

Computers were the hot thing so Gus went back to school and got his degree at the Durham Business college.  Then he went to work at American Express.  They used the punch card system and had a computer room the size of a football field.  Gus worked there as the night shift manager for 10 years.

Gus started his own business cleaning disk pads on the side.  He started to make more money than he was at American Express so he left.  Then he bought a bankrupt company for $7500 and got into the modular work station business.  He took classes, hired well and began building his new business into a successful company with 60 employees.

Gus sold this company and played golf everyday for a year.  But he soon realized he was too young to retire.  An agent for New York Life kept after him about joining their team.  Gus gave in.  The selling point...no employees.

Gus went to work for New York Life and stayed with them for 12-1/2 years.  They were a great company and Gus gained a lot of experience working there.  So much, in fact, that head hunters began calling him trying to convince him to move over to MetLife.  After 6 months, Gus made the move.

To back track for a moment...While at New York Life, Gus started AnDek Financial which provided everything New York Life didn't.

MetLife is also a great company with over 40 million clients and benefits available in all areas.  MetLife bought out a lot of their competition and now they are a powerhouse in employee benefits.  Gus is now specializing in their 401k plans.  He helps people plan for their future using a combination of insurance and investments.  He is knowledgeable in all the available tax breaks and advantages to small business owners.

One thing that Gus recommends is honesty.  When an agent asks for your history, don't hold back.  Doctors must report all procedures done.  The insurance company will match your responses to the information reported.  Rates will be based on how well the information merges.  If you are honest, he will get you taken care of.

There have been a lot of changes in insurance since 9-11.  But Gus can help your business stay on top of the changes.  Health insurance is particularly tough these days.  It is one of those things that can wipe you out if you don't have it.  You want to make sure you are setup properly.  If you have any questions just call him.  He will let you know what the best fit is for your company.

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