DD post EHOS, sorry im late:
THE EXECUTIVE TEAM
Global is led by Scott Corlett. In his 28 years as a senior executive he has led companies in roles of President, CEO, and Chairman of the board. He has raised millions of dollars for companies to drive rapid growth and position themselves as market leaders. Scott has built multiple companies to national and international distinction, from angel and venture funded startups to becoming the leading provider in each of the various marketplaces with hundreds of employees worldwide, all while positioning the company as the model of corporate integrity. In 1997, he sold one of his companies to a public company, creating one of the most notable publicly traded companies in its industry. Corlett's vision and business acumen have made him one of the most influential and widely quoted serial entrepreneurs. His leadership and determination enable organizations to outpace their peers, to grow while others have collapsed, to leverage market opportunities in good economies and bad, and to claim the leadership mantle as the greatest companies in their space. Corlett is a YPO member and graduated from MIT’s Birthing of Giants.
Mr. Corlett is a senior executive who has demonstrated ability in developing global vision. Excellent leadership and team building skills, solid interpersonal skills and functional expertise in strategic planning, organizational design, change management, new product development, and driving organizations towards growth.
EXPERIENCE
2010-2013 Nutraliquids LLC
Founder, Managing Partner, Board Member
• Negotiated and increased equipment financing credit line with GE Capital.
• Built out new filling lines capable of over 20,000 32 ounce bottles per shift.
• Researched nationally, Negotiated purchase, Managed integration of pouching equipment capable of over 20,000 pouches per shift.
• Successfully navigated the complex process of GMP certification for the company’s FDA compliance.
2007-2010 PayEnsure
Founder, Board Member
www.payensure.com
• Developed the business model to provide an online payment and bonding system for homeowners to pay contractors and manage construction projects online.
• Worked with the development team to develop the logo, site look and feel, mapped out the complex business processes and was the point person throughout the building of the site.
• Worked with the shareholders to create key partner relationships.
2001-2008 DesignScape Inc.
Founder, CEO, Chairman of the Board
www.DesignScape.com
• Launched a landscape design company to leverage an old world business process and inject technology to make it more efficient and scalable.
• Wrote and filed the patent pending for “Online Design Method” which covers Landscape
Design, Interior Design, Kitchen and Bath Remodel.
• Developed the process to employ landscape designers across the country doing landscape design online from anywhere to anywhere.
• Negotiated and secured design services from Thailand and Brazil, dramatically lowering the costs to produce designs.
• Designed and developed advanced flash presentations to describe the company’s services, and capture leads.
• Developed the process for presenting and selling the services online.
• Developed TV commercial campaigns.
• Negotiated and secured the national contract to provide landscape design online for all the Home Depot stores nationally.
1997–2000 Nexgift Inc.
Founder, President, CEO
• Conceptualized and wrote business plan to automate the supply chain in the gift industry and then into multiple verticals.
• Raised over $1 million in two separate private financing rounds from angel investors and an additional $2.2 million in technology.
• Conducted consumer research and developed and implemented internet products based on the research results.
• Provided board of directors with strategic plans and financial budgets.
• Brought hundreds of retailers online and then leveraged the installed base of online gift retailers and extensive gift industry operating experience into a business-to-business network, linking together all of the stakeholders in the gift industry, including retailers, manufacturers, sales representatives and trade marts.
• To drive the IPO opportunity, contracted a nationally known executive search firm,
interviewed and hired a CEO that previously was the CEO of a $125 million dollar global retailer, Crabtree and Evelyn.
1990–1997 Corlett Collectables Inc.
Founder, CEO
• Launched the company from startup and sold more than 1 million figurines to over 15,000 retail and specialty stores worldwide.
• Organized the company to hire and manage 220 sales representatives throughout the United States.
• Established industry distributorships in Holland, Italy, France, Belgium, England, Germany, Hong Kong, Bangkok, Canada, and Mexico.
• Streamlined product introduction process to introduce over 1,000 items.
• Automated the manufacturing process through the use of computer- controlled sensors, conveyors and productivity enhancing electronic components.
• Negotiated LOC with local bank to position company to lower costs through overseas manufacturing.
• Moved manufacturing to China while employing over 400 people, and cut costs from 50%
COGs to less than 15% COGs eliminating expenses and overhead which provided greater flexibility, faster decision making, clearer accountability, and more focus on marketing efforts
• After maximizing profitability, negotiated and sold the company to a public company in December of 1997.
1984–1990 Livingstone Inc.
Founder, CEO
• Introduced hundreds of new products and built company from startup to over 50 employees
in 10,000 square feet of manufacturing space.
• Hired national sales force and built up a national trade show presence.
• Set up international distribution network.
• Expanded sales to include mass-market accounts.
• Moved manufacturing to Mexico and set up a maquiladora operation 30 miles inside the Tecate border lowering costs while maintaining quality with a very labor-intensive quality product.
• Hired business brokerage firm and sold company in 1990.
EDUCATION
• 1982–1984, San Diego Mesa College
• 1999-2001, MIT’s Birthing of Giants class of 2001.
INTERESTS
• Current YPO Member of the Global One Chapter http://www.ypo.org
• 6 years as Commissioner on the San Diego Mayors council on Science and Technology. http://www.sandiego.gov/index.shtml
• Held a position as an instructor at UCSD on raising capital for high tech companies. http://www.extension.ucsd.edu
• 15 year member and served 8 years on the board of the San Diego chapter of the Young Entrepreneurs’ Organization (YEO) also was 1999/2000 President. http://www.yeo.org
• Accepted as a Commander of the San Diego Honorary Deputy Sheriffs Association. http://www.sdchdsa.org/
CONCLUSION
Vitamin supplements are traditionally offered as tablets or pills. Unfortunately, many vitamins that are in pill form contain a variety of preservatives and fillers that are designed to give them a longer shelf life. Over the past several years liquid supplements have gained rapid popularity. Studies indicate that Liquid vitamin supplements have an almost total absorption rate, often quoted as high as 98%, and research suggests that 90% of the nutrients taken in a tablet or pill form are wasted. Nutraliquids is in a unique position within the neutraceutical space. Making supplements available in single dose, liquid form is sure to be an area for growth in this market, particularly with the potential for much higher absorption rates. Management has brought these innovative products to the doorstep of their space and are ready to repeat their build and exit startegy. Which can be very, very lucrative to a shareholder in a buyout
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