Summit and Northern Utah — The Next Railroad Boom Comes To Ogden

Summit_logoA little over a year ago I received an email from my friend Shervin Pishevar, a great guy and well connected VC in California. His email was an introduction to Elliott Bisnow, founder of The Summit Group, and was in regards to the organization’s recent interest in Utah. I’d heard and read rumors about Summit buying Powder Mountain, so when I received this email out of the blue I was excited to get up there and learn more.

From the moment I started emailing with Elliott, it was obvious he was a very gracious person. Super nice, very humble and accommodating, and all about hanging out and getting to know each other. He immediately invited me up Eden to learn more in person and show me what they were working on. This was early in 2012. I wanted to immediately tell everyone everything I had seen! The plan, the people, the difference all of this would make to everything in Northern Utah. However, the time wasn’t right to do that as they were still quietly putting together a lot of the details associated with such a large and complex deal.

I’ve kept in touch with Elliott and tried to help Summit in any way possible. I’m glad I could in a few small ways (introductions in Utah, etc.) — but I mostly just kept in touch and looked for opportunities to support what they were doing. Fast forward a bit to December of 2012 and the Summit team publicly announced that they had taken over operations at Powder Mountain and that closing on the purchase would soon follow.

Not too long after this public announcement, Elliott invited me to come spend some time at Powder Mountain. I’d been unable to make it before, so I was glad that this time I could make the timing work. I’m home now after spending the past two days up there.

And all I can say is WOW.

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Starting And Selling A Startup

Zach MangumThis is an exciting guest post to have here at Startup Flavor because it is one I’ve watched unfold up close and personal. My friend Zach and I worked together for awhile at Lendio. I saw Zach slowly and organically build his business and then take the risk of quitting a good job at Lendio to pursue his startup full time. I’ve always loved their company and products and I’ve been a regular promoter of both. This is a case of some good guys (Zach, Kevin and team) finishing first — which is just awesome and made my day when I heard that the company was acquired by Infusionsoft last month. For the record, GroSocial is a social media marketing software company based out of Orem, Utah that helps small and medium-sized businesses find new customers through popular social networking sites such as Facebook and Twitter. Zach has provided social media marketing services, technology, and consulting to thousands of businesses worldwide with a particular emphasis and specialty in helping small businesses. I’d recommend you follow Zach on Twitter @zachmangum.

Zach, thanks for sharing your story. I’m sure it will inspire many entrepreneuers as it has inspired me. Way to go, guys.

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