MEETING MINUTES
Friday, January 16, 2009
Volume 16; Issue 2


Speaker Update
Date:  January 23rd
Speaker:  Ralph Cunningham

Treasurer Report
The quarterly dues billing was e-mailed on 12/1.  Please contact Melissa Matthews if you do not receive your e-invoice.

Leads Report
22-06, 22-33, 22-42, 37-26, 35-06, 15-21, 15-56, 28-17, 25-51, 25-19, 42-06, 42-28, 51-22, 51-41.

Other Items
The brochures are here!  And we printed plenty of them so take what you need.  If you notice any mistakes, let Stu know and he will fix them for the next batch.

Steve Chilton submitted an application for Stacy Hyder of The Law Office of Stacy L. Hyder PLC.  Criminal law is her area of practice.  He will submit part 2 today and, if there are no objections, he will invite her to a meeting.

Main Speaker - Mark Howard
I was born and raised in Decatur, Ill.  I married my school sweetheart.  We were blessed with two sons.  Both are finishing college soon.  I did my undergraduate at DePauw University and went on to receive a Masters in International Management.  I love to travel. 

After graduating college I went to work for Continental Grain Company in Fort Worth, Texas.  It was the big company of the time.  I Relocated several times.  The grain industry margins are really slim. The margins are much better in the feed products. I had an opportunity to come out here, switch industries and go to work for Wilbur Ellis Company. The company eventually left AZ and me and my partner stayed and started our own company.  

Arizona Ag Marketing started in Dec 2000. We had no money so we went to our clients and they gave us money to start. The first year we borrowed from the bank we got $250,000.  My first wisdom of the morning...Aside from your wife, your best friend is your banker.  We have about 50 clients.  Our average client milks about 3000 cows.  We work with a lot of them on a regular basis.

Normally the economy doesn't affect our business like it does others.  This time is different.  When the dollar started to disappear in July the demand for milk products disappeared too.  My second piece of wisdom, I always like to think the markets are telling me what to do.  When they are high you don't lock yourself into long term things.  If the markets are really unsettled you shouldn't do anything.

In this economy, can you charge the same rates you did a year ago?  My company is in a niche market.  And we are small enough that we don't have all the big players here in our smaller market.  So we survive.  We have always tried to pay our suppliers very quickly.  When I walk into the office each day my first question is "Where is my risk?".  I need to know my customers, how he runs his operations, his problems, etc. because I have basically loaned them money and I need to protect that investment. 

Back in the 80's our marketing concept was to do business with the leaders of the industry.  And we would approach the business like a club.  We were OK with competitors because they could take the clients we didn't want.  We only wanted premium customers. 

We may add one client a year, a friend of a friend.  Our growth comes from our existing clients, the movers and shakers, that continue to expand.

[Chris Curran] You have never received a lead in the 4 years you have been a member.  Why do you keep coming back? 
I don't get out much.  I enjoy having members share their experiences.  Before MABE, I didn't have anybody to bounce issues off of.  It is very rewarding to be a member of this group.