Growth stories from founders: Robert Nathan, CEO and co-founder, Load Delivered Logistics

had no board of directors. And he had no outside investors to pressure him about putting one together.

Yet in his early 30s, Robert Nathan set out to build a board — of advisers, that is — that would help him and his company respond to growth and continue growing.

And grow it has.

His company, third-party logistics provider Load Delivered Logistics, has grown more than 1,200 percent since its 2008 launch, he said, hitting $44.5 million in revenue last year. He expects to reach $90 million in sales this year, with the help of investments in automation technology.

The company’s recent growth followed a period of change that Nathan initiated to set up the company for funding and additional growth. About 18 months ago, he started making connections with people who would become his board members. He said he wanted “coaches” who would challenge him, and he brought in three advisers.

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How 7 Chicago-area schools are putting app design in the classroom

This school year, nearly 500 high school students in northwest suburban Chicago will learn to design apps for the devices many of them carry in their pockets.

The Mobile Makers for High Schools program launched this week at Barrington High School and at six high schools in Arlington Heights-based Township School District 214. Through the year-long course, students will learn to build apps for Apple devices in the company’s new programming language, Swift. The course calls for the teens to develop nine mobile apps, with their teachers acting as clients.

“Students get to start coding on Day One,” said Brandon Passley, Mobile Makers Academy’s founder and CEO. “They’re going to understand what it’s going to be like to work on a technology team.”

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9 ways to get the best employees, get coverage and get funded

Entrepreneurs rank hiring the best people, earning press coverage and winning funding highest among their many concerns, according to a Chicago Innovation Awards survey. The group hosted a series of panels for its Media, Capital and Talent Day on Monday at the Museum of Broadcast Communications in Chicago.

This year’s Chicago Innovation Awards judges will consider 550 nominees and will announce the winners at its annual ceremony on Oct. 30 at the Harris Theater. Monday’s participants, on the stage and off, included 2014 nominees, past winners, judges and board members.

Panelists offered insights and advice relating to three broad topics: Attracting talent, gaining attention and raising funds.

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A tech futurist on how robot-enabled 3D printing can change the world

What does a tech futurist who has created his own concept of Elon Musk’s proposed Hyperloop, founded a cloud collaboration company and earned a PhD from Harvard in building technology say about whether a robot is going to take your job?

Wrong question. Learn to work with the robots.

Jordan Brandt specializes in figuring out how to use cutting-edge technologies such as 3D printing on a bigger scale, often using automation. He’s a technology futurist at Autodesk, the 34-year-old San Rafael, Calif.-based company that produces design software for industries including engineering, architecture, manufacturing and construction. He joined Autodesk when it acquired his company, Horizontal Systems.

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Packback raises $1 million, including ‘Shark Tank’ investment

Packback, the Chicago-based platform for renting e-textbooks on demand, on Tuesday announced a $1 million seed round from a group of more than 20 angel investors. The total includes a $250,000 investment the company earned from “Shark Tank” star and investor Mark Cuban when co-founders Mike Shannon and Kasey Gandham appeared on the show in March.

Shannon and Gandham founded Packback while students at Illinois State University in 2012. Early on, they reached out to Chicago entrepreneurs and investors they admired for advice — a strategy that finally paid off.

“It was really a relationship-developing process,” Shannon said. “Our advisors evolved into investors.”

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Chicago-based Hireology raises $10 million from Bain Capital Ventures

Chicago-based Hireology, whose software platform uses data to help with hiring decisions, on Tuesday announced a $10 million Series B investment from Boston-based venture capital firm Bain Capital Ventures.

With some 1,500 customers on five continents, CEO and co-founder Adam Robinson said he has his eye on expanding into new market categories and investing in product development.

“Our solution is all about helping that manager out in the field who has limited or no HR support to do it right themselves,” Robinson said. “By doing that location by location, the corporation or the brand benefits immensely from the improved results across the system.”

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How to get professional nourishment from your ‘kitchen cabinet’

Your peer group could be more valuable than you realize. So valuable that you may want to stock your kitchen with it.

Entrepreneurs often revere mentors for the guidance and connections they provide. But bouncing ideas off of individuals in similar career phases can be equally valuable. Both types of advisers often come together in “kitchen cabinets,” or informal trusted groups that people turn to for guidance and support.

As the name suggests, kitchen cabinets often are casually organized yet home to ingredients for a strong network.

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How B2B companies can create customer advocates and win more clients

Don’t just sell a product once and then move on — turn that customer into an advocate who can yield longer-lasting benefits for your business.

So said a series of speakers at “How To Be Customer Obsessed in B2B,” a free event Tuesday at the 1871 tech incubator.

They recommended that companies build customer advocacy programs to formalize the process of getting existing customers’ support through word of mouth. A happy user is the best reference, after all. Publishing positive reviews on your website or encouraging users to recommend your software to others in their network are good strategies, they said.

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Chicago entrepreneurs featured in new Porsche campaign

Chicago entrepreneurs are featured in a new Porsche campaign that rolls out this month, and it’s Howard Tullman who got them there.

The six “There Is No Substitute” videos highlight American entrepreneurs including 1871 CEO Tullman and Trunk Club CEO Brian Spaly, whose company announced its acquisition by Nordstrom last week.

The videos will appear on YouTube and be promoted on social media by Porsche.

Chicago’s prominence is no coincidence: The subjects were selected by Philo Broadcasting, a Chicago-based video content company in which Tullman’s VC fund, G2T3V, is invested. Tullman said the Philo team pitched an entrepreneurship-focused content marketing campaign to Porsche and approached him to appear in it.

 

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How Goodcity aims to shape entrepreneurs in under-served communities

There’s a new incubator in town, and it aims to help social entrepreneurs grow sustainable businesses. The Goodcity Chicago social fellowship incubator will foster entrepreneurs from under-resourced communities around the city, said president Jimmy Lee.

The incubator, which launched July 26, connects for four months founders from 12 area organizations with coaches, financial planners and other experts. The group meets on Saturdays for three-hour sessions at the Blue 1647 tech innovation center in Pilsen. The founders receive training on everything from public speaking to developing a strategic funding plan.

“We want to see more of these incubators developed in the Humboldt Parks and Englewoods and Austins of the world,” Lee said.

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