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“A true entrepreneur is someone with an idea that hasn’t been done before.” - Ray H. Neisewander III
Chairman & CEO, Raynor Garage Doors
Ray H. Neisewander III currently serves as the Chairman and CEO for Raynor Worldwide, Inc. Ray's career has been committed to the family business since 1986, when he joined the Raynor Executive Management Team and Board of Directors. He has held several positions in the family's enterprises, including Raynor's Motorsports Group, KWIK-WALL division, and Holiday Inn franchise.
Ray III enjoys advising and speaking on topics relevant to family business, including strategy development and execution, succession and contingency planning, governance, organizational development, compensation, and generational transitions. He has participated in conferences at the Loyola Family Business Center/Chicago, University of Chicago Booth School of Business, and Young Presidents Organization (YPO) International.
Ray III resides in Dixon, with his wife, Cindy. They have five children, Brittany, Brandon, Jonathan, Jacob, and Rayuel.
3:00 How Gary met Ray
17:30 Elvis connection
23:00 How Raynor grew
30:00 How to identify the best opportunities
36:00 The biggest problem with handing off a company to the next generation
40:00 Combining culture with a third generation business
43:00 Thinking of the team as extended family
46:00 Maintaining work ethic through three generations
49:00 Avoiding the temptation of giving your kids everything
55:00 Living life to the fullest
1:01:30 The importance of faith
1:04:00 The huge advantage of a great life partner
1:06:00 Garage Mahal
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