Clay Mathile says he feels deep gratitude for two groups of people: those who risk their own capital to create jobs, and the mentors who helped him do the same as owner and CEO of the IAMS Company.
So, since selling that dog and cat nutrition business to Procter & Gamble for $2.3 billion in 1999, Mathile has gone to great lengths to show his appreciation by helping other business owners be successful. He invested more than $150 million to transform the former “Iams University” employee-training program into Aileron, a nonprofit organization with a mission to ”unleash the potential of private businesses through professional management.” Today, more than 10,000 people a year visit the 70,000-square foot Aileron facility on a 114-acre campus in Tipp City, Ohio, for a variety of management training courses delivered by consultants who have all run their own businesses.
Business owners who have taken the two-day President’s Course say the experience has been transformative. “Life changingRead More »from How a billionaire is changing small business owners’ lives