By MORGAN TARPLEY
mlt017@latech.edu
A Management 400 class received some unexpected small
business advice from a local entrepreneur.
James Sullivan, owner of Sullivan and Sons, Inc., an
instrumentation and valve supply company, spoke to the class Oct. 6 about how
he started his business.
“I had no idea that I would be in business,” Sullivan
said. “I didn’t know other ways to make a living, so I went to Nicholls State
[in Thibodaux] and got an education degree.”
Sullivan’s business began in 1986 in his own bedroom and
has now grown into a four-building business with 20 employees.
“In the 1990s, we went from almost going bankrupt to
making a good living in one year,” he said.
Sullivan said a certified professional accountant told
him that he had never seen a business turn around like Sullivan and Sons, Inc.,
had.
“All I knew was that I was just an old country boy who
knew that if you had $5 in the bank, you couldn’t spend $10,” Sullivan said.
Marshal Pilgreen, a senior computer information systems
major, said it was interesting to get a different perspective on starting a new
business from someone who knows about the ups and downs a business can take.
“In our entrepreneur class we have speakers come in and
always speak about business plans and about going big,” Pilgreen said. “But
[Sullivan] started small and then built on that.”
Sullivan said through his business experience, he has
found that money management plays an important role in owning a business.
“If you can’t manage your money now, then you might want to
reconsider going into business for yourself,” Sullivan said.
Sullivan also said if someone is not willing to sacrifice
to start their own business, then they may not make it.
“I had three kids and we had to make ends meet,” Sullivan
said. “So we had to sell fried chicken out of a moving trailer for about six
months.”
Dr. Richard Lester, the Management 400 class professor
and an assistant professor of management, said Sullivan seemed to point his
success on different things other than the product.
“[Sullivan’s] main theme seemed to be that the actual
business product was not as important to his success as was his personal
commitment, inner strength and his relationships,” Lester said.
Sullivan said there were rough times but even then his
family relied on God to take care of them.
“Sometimes things do not work out,” Sullivan said.
“But we knew God wanted us to have this business so we
kept on going.”
Eric Jackson, a senior political science major, said he
was encouraged by Sullivan’s dedication and faith in starting his business.
“It was great to hear a guy giving his rags to riches
testimony,”
“I liked how he mentioned that it was not on his own
merit that his business succeeded but that it is God-based.”
Sullivan said his faith is what gave his business the
success it has today.
Sullivan now sells instrumentation and valves to paper
mills, utilities and chemical plants all over the United States and in several
foreign countries.
Sullivan and his wife, Irene, bought a 250-acre ranch in
Haughton last year and now are breaking ground to build a plantation-style
home.