EOY winner Nadine Watt spotlighted in L.A. Times’ “How I Made It”

Nadine Watt is president of Watt Cos., a 70-year-old real estate firm in Santa Monica that was founded by her grandfather, Ray Watt. The 106-employee operation has developed homes for more than 100,000 families, built more than 8 million square feet of office space and developed more than 50 shopping centers. It’s also developed three hotels and six master-planned communities.

When she became president in 2011, Watt led a reorganization that expanded the company’s range of business to acquisitions, real estate development and entrepreneurial joint ventures to lessen its exposure to the volatile retail market. Her company won Ernst & Young’s Entrepreneur of the Year award for the Los Angeles area.

“[My grandfather] always taught me to treat everyone with respect. He always looked everyone in the eye and said hello, and he asked them questions. He knew a little bit about everyone from his janitors to presidents. The last thing he ever said to me was, ‘Do your homework.’”

Read the full article: Nadine Watt tried to avoid the family business. Now she helps run it. (Los Angeles Times)

July 6th, 2018|Categories: Client News|Tags: , , , , , |

EOY finalist spotlighted in L.A. Times’ “How I Made It”

Rosie O’Neill, 38, is co-founder and co-chief executive of Sugarfina, the artisan candy company based in El Segundo that she runs with Josh Resnick, 51, the other founder and CEO. From a 2012 start with just $60,000 in savings, the duo has traveled the world looking for unusual and tasty sweets for adult connoisseurs. Sugarfina employs more than 500 people and racked up $40 million in 2017 sales. O’Neill and Resnick were 2018 finalists in EY’s Entrepreneur Of The Year awards for the Los Angeles area.

On her third date with Resnick in 2010, the couple went to see “Willy Wonka & the Chocolate Factory.” The film sparked a question, then an idea. “We were thinking, ‘Why are there no candy stores for adults?’” O’Neill said. “The entrepreneurial bug was calling me. Josh and I just finally got to a point where we said, ‘Let’s give this a shot, and if it doesn’t work we can always go back to what we were doing before.’”

Read the full article: She left toyland for candyland, finding a sweet spot with Sugarfina

Calling all entrepreneurs | eNews from OWC

Awards season is here and we’re pumped to medal up. EY Entrepreneur Of The Year, now in its 32nd year, is the big prize to honor entrepreneurs in more than 145 cities in 60 countries who demonstrate extraordinary success in areas such as innovation, financial performance and personal commitment. The benefits that past participants have experienced? Accreditation, exposure, recognition, mentoring and public relations.

Here’s some of the coverage from last year’s events across California:

The program is focused on diversity and inclusiveness: Anyone can nominate anyone. Many of the EY Entrepreneur Of The Year participants are nominated by proud colleagues, their vendors or admirers, who think recognition is due, and self-nominations are encouraged. Learn more or submit a nomination today. The deadline for applications is Friday, March 9, 2018.

Olmstead Williams Communications is a proud sponsor for Entrepreneur Of The Year, but that’s not the only reason we love the program. We’re cheerleaders for award programs that offer a spotlight to our clients. Awards are one more way to raise your company’s profile and generate news. Here is a sampling of the honors/achievements we are submitting for our clients:

There is an awards program that will help drive your business forward. We’re here to discuss these and other programs.

EY Entrepreneur Of The Year award recipients in Greater Los Angeles as revealed last year. The deadline for applications this year is Friday, March 9, 2018. Learn more or submit a nomination today.

February 26th, 2018|Categories: eNewsletter|Tags: , , , , |

EY releases Global IPO Trends report for Q3

Global professional services firm EY published its Global IPO Trends report for Q3 2017 today and noted that IPO volume this year has already exceeded totals from 2016, with 1,156 deals raising $127 billion through the first nine months. EY expects final numbers for 2017 to range from 1,600 to 1,700 public offerings and between $190 billion to $200 billion in capital raised.

“The timing for any IPO is dependent on both investors’ appetite for new company stocks, which is driven in part by how well the overall stock market is performing, and by the financial and operational story of the individual company pursuing a public offering,” said Greg Beams, a partner in EY’s Seattle office. “One measure of how hungry investors are for new company stocks is how long it takes a company to go public after they complete the initial filing of their IPO registration documents.”

Read the full article: Global IPO market on pace for best year since 2007; more Washington companies expected to go public (GeekWire)

September 27th, 2017|Categories: Client News|Tags: , , , , |