Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Chemung Financial profit slips in Q3
ELMIRA — Chemung Financial Corporation (NASDAQ: CHMG), the parent company of Chemung Canal Trust Company, on Monday announced net income of $2.2 million, or 47 cents
NYAG announces first round of housing-recovery funding
New York Attorney General Eric Schneiderman today announced an award of $3 million for the Greater Syracuse Property Development Corp. (GSPDC) as part of his
Brown elected to board of directors of The Business Council of New York State
SYRACUSE — The board of directors of The Business Council of New York State, Inc. recently elected a well known Syracuse business executive to a
Berkshire Bank Q3 profit falls
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) earned more than $10 million in the third quarter, down from the more than $11 million earned in the
Oneida Financial posts higher Q3 net income
ONEIDA — Oneida Financial Corp. (NASDAQ: ONFC), the parent company of Oneida Savings Bank, on Friday announced net income of $1 million, or 15 cents
Maffei releases education plan
SYRACUSE — U.S. Representative Daniel Maffei (D–DeWitt) today announced an education plan that’s intended to “strengthen” education and provide students in Central New York with the
New board chair appointed at the Rescue Mission
SYRACUSE — The Rescue Mission has appointed Jeanne Korchak as its new board chair. She is the senior administrator for corporate human resources at O’Brien &
Officials break ground on the Finger Lakes Viticulture Center in Geneva
GENEVA, N.Y. — Construction of the Finger Lakes Viticulture Center is set to begin this fall on the campus of the Cornell Agriculture and Food Technology Park in Geneva, adjacent to the New York State Agricultural Experiment Station. That’s according to the office of New York State Senator Michael Nozzolio (R–Fayette) who said in a
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
GENEVA, N.Y. — Construction of the Finger Lakes Viticulture Center is set to begin this fall on the campus of the Cornell Agriculture and Food Technology Park in Geneva, adjacent to the New York State Agricultural Experiment Station.
That’s according to the office of New York State Senator Michael Nozzolio (R–Fayette) who said in a news release that he participated in a groundbreaking for the center on Thursday in Geneva.
Nozzolio, working with Assembly Minority Leader Brian Kolb (R–Canandaigua), helped secured the $3.25 million state investment for the construction of the Finger Lakes Viticulture Center.
“As the art of winemaking continues to gain in popularity, we are witnessing an unprecedented growth in the number of wineries here in the Finger Lakes region and the construction of the Viticulture Center will support the continued growth of this important, job-producing industry. The new Viticulture Center will enable our state’s future winemakers to study at the same site where some of the most innovative agricultural research in the nation is taking place every day,” Nozzolio said in the news release.
Viticulture is the science, production, and study of grapes.
Finger Lakes Community College (FLCC) of Canandaigua intends to locate its Viticulture and Wine Technology Program, the only program of its kind in the Northeast U.S., at the Viticulture Center, Nozzolio’s office said.
FLCC believes it will create jobs and economic opportunities in a “variety” of fields related to tourism and the wine and grape industry, according to the Upstate lawmaker.
The venue will include a winemaking lab, a grape-crushing pad, rooms for storing and aging wine, classroom space, and a teaching vineyard, the lawmaker said.
The groundbreaking is a “culmination” of hard work, vision, and a commitment to investing in an emerging industry here in this area, Kolb said in the news release.
“The Finger Lakes region has distinguished itself as a world-class area for its wineries, tourism and agriculture, and the new Viticulture Center will expand on that progress. This is an investment in our community, in job-creation, in education and in the future of our area,” said Kolb.
Additionally, Nozzolio and Kolb secured a $4.7 million state grant, for the reconstruction of new greenhouse and research labs at the Agricultural Experiment Station.
It’s “one of the largest” state grants to ever benefit the facility, the lawmakers said.
The research and innovation in these facilities will help to “enhance and support” the agricultural needs of the area, they added.
“Having the Viticulture facility adjacent to our main campus at the Cornell Agriculture and Food Technology Park will stimulate a strong Cornell-FLCC partnership for training of viticulture students who will be essential to the New York wine and grape-industry workforce. Our faculty and staff look forward to working with students and faculty from FLCC,” Tom Burr, director of the New York State Agricultural Experiment Station, said in the news release.
Contact Reinhardt at ereinhardt@cnybj.com
A Listener’s View: We Are Our Presentations
The goal of every presentation is to influence how listeners will think or act. Given that objective, few presentations make the cut. Although many people treat presentations rather casually, every one counts, and each one is equally important. And here’s why: we are our presentations. We’re the one on stage, and we’re judged by
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
The goal of every presentation is to influence how listeners will think or act. Given that objective, few presentations make the cut. Although many people treat presentations rather casually, every one counts, and each one is equally important.
And here’s why: we are our presentations. We’re the one on stage, and we’re judged by our listeners not only by what we say –– but also by the effectiveness of the performance.
Every presentation tells a story –– our story. It’s that serious, because public-speaking skills influence the destiny of a business career –– and the advantage goes to the top presenters.
Whether speaking one-on-one or to hundreds, it’s always a presentation. Formal or informal, it’s always a presentation. Whether it’s long or short, it’s still a presentation. Whether it’s a sales speech, management briefing, staff meeting, or discussing a concept, plan, or presenting a proposal, it’s all the same –– it’s a presentation and the presenter is on the line.
Here’s the way to make every speaking engagement a success.
Start by asking, “What do I want someone to say, do, or think after hearing my presentation?”
If you don’t have a clear picture of how you want listeners to respond, they will be confused and dissatisfied. A presentation gets a focus and comes under your control when you know exactly how you want it to be perceived. Write down your answer and make it specific so it becomes your built-in GPS as you develop your presentation. If you don’t, expect a low grade from your audience.
Think about some presentations you’ve heard lately at work or anywhere else. What didn’t you like and what was good? Again, write down your answers and then get it right when preparing a presentation:
What didn’t you like?
• Went too fast or too slow
• Boring, no excitement
• Too long
• Hard to follow
• Too much information
• Not enough information
• Didn’t learn anything
• Heard it before
• Not prepared
• Sounded like a lecture
• Didn’t involve the listeners
• Confusing, couldn’t follow
• Talked down to us
• Poor use of visual aids
• Didn’t understand the listeners
• Not organized
What did you like?
• Good stories
• Involved listeners
• Well-organized
• Easy to follow
• Energetic
• Right length
• Good pace
• Learned something new
• Understood the listeners
• Helpful information
• Interesting
• Well-prepared
• Wanted to hear more
• Good use of visual aids
A presentation is always a “joint venture” between the presenter and listeners
It belongs as much to them as it does to you. This is why pretending they’re looking over your shoulder as you’re preparing it is a good way to think about it, but it also makes it hard work. How so? Because a presentation is always a compromise between what you want to say and what the audience wants to hear.
Having a thorough understanding of the audience (who they are, what they’re thinking, what they’re looking for, the problems they face and so forth) is essential in reaching the goal of successfully influencing how they will think or act so they will want to do business with us.
Connect with your listeners through stories
The good news is that listeners want to believe in you as someone who cares about what they care about. Unfortunately, this occurs infrequently.
The way to do it is with the right stories, those that keep the focus on your listeners. Nix the stories about yourself, your company, your job, your dog, your significant other, or your vacation –– unless they’re a good fit for your audience. If you have kids, you may have great stories, but leave them at home. If you don’t, you’ll lose your listeners. Always keep in mind that your presentation is about them, not you. Here is an example of a story that works:
“The page-one story in The Boston Globe told of an unemployed 58-year-old man who spent two years job-hunting. Trying for a middle-management job in the computer industry, he had sent out hundreds of résumés without a nibble. Now, he thought he might never work again.
Yet, buried in the story was a telling comment. Years before, he was known as ‘Mr. Fixit.’ It was something he loved doing. So, fixated on getting a job, he was blind to the one staring him in the face. There are times when we’re so stuck on going in one direction, we miss the opportunities that are in front of us …”
Always keep your “antennae” up. The best stories come from everyday experiences, news articles, biographies, and even ads.
By using stories to connect with your listeners, something important happens to a presentation. A set of slides — that common tool that’s too often used as a crutch — becomes far less important. If you use slides as a roadmap to let the participants know where you’re going, use words sparingly –– one or two on a screen with a graphic or a short video, perhaps. The objective is to keep the focus on the audience, not the visual aids.
Write the speech out word-for-word
“But that’s a lot of work and this is just an informal presentation,” someone says. Of course, it’s work, but the deadly mistake both new and experienced presenters make is cutting corners on preparation, starting with thinking that writing out the speech isn’t needed.
The writing is a given only if you want to make winning presentations. If you don’t write it out, count on forgetting something, missing or messing up a major point, or saying something you’ll regret.
Turn on your presentation GPS
From the get-go, you have no more than 30 seconds to grab the audience’s attention and make clear what you want to accomplish. One presenter looked at the audience of 75 or so life-insurance agents and said, “Only three of you are going to get rich. How do I know? Only three of you will do what it takes to get there.”
He followed that with the three steps a life-insurance agent must take to reach success. This is where stories, supported by facts, can help engage listeners.
Then, wrap it up, summarizing what you want the listeners to remember about your presentation, and close with a challenge. Here’s how the presenter did it with the life-insurance agent audience. “About 40 of you may be thinking that it sounds interesting, but I’m doing pretty good now,” he said. “Another 25 have found something they would like to try, while seven are thinking you want to get on board, but will drop off tomorrow by early afternoon. That leaves only three, the ones who will strike it rich.”
By the way, never end with a question or a quotation. It’s the easy way out, but it doesn’t work. Always end with your own words.
Get some coaching
This seems to be the universal solution today. Yet, it can be a big help for presenters. No, don’t fret because you can’t hire Scott Pelley or Diane Sawyer (although just watching them in action is an education for presenters).
Your best bet may be a co-worker, a friend, or a significant other. It’s a person who recognizes how much you want to do well. Then set the stage with your new coach. “Be honest. Make some notes and let me know what you like and what you don’t –– and why. Then we can talk about it.”
Can’t find a live coach? Get a digital one. Prop up your smartphone, tablet, or laptop and video your presentation in three- to four-minute segments (yes, watching may be a bit overwhelming at first). Play them back and do it again, and again. You’ll be amazed at the improvement, and you’ll hear and see where you will want to make edits to the text. You may be ready for YouTube!
Making great presentations is an immense challenge. They’re never spontaneous, never left to the last minute, and never read from PowerPoint screens. They’re always written, always edited, and always rehearsed. Those who do it best are those who recognize that giving a presentation isn’t what they do; it’s who they are.
John R. Graham of GrahamComm is a marketing and sales consultant and business writer. He publishes a monthly eBulletin, “No Nonsense Marketing & Sales.” Contact him at johnrg31@me.com, or at johnrgraham.com
A chat with entrepreneur Jud Gostin
The first feature interview in our “Region of Entrepreneurs” series with The Central New York Business Journal is with an exited entrepreneur. Across upstate New York, there are entrepreneurs who have grown a successful business, and in many cases, more than one business. Sometimes referred to as “serial entrepreneurs,” these are businesspeople with the ability
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
The first feature interview in our “Region of Entrepreneurs” series with The Central New York Business Journal is with an exited entrepreneur. Across upstate New York, there are entrepreneurs who have grown a successful business, and in many cases, more than one business. Sometimes referred to as “serial entrepreneurs,” these are businesspeople with the ability to see the potential for growth and recognize the rich resources available help reach their goal. Jud Gostin is an entrepreneur that has found great success in upstate New York.
Gostin currently serves as chairman of 3Pound Health, LLC. He is also the CEO of Aspen Hollow Ventures LLC, a firm investing in and helping develop high-tech startup and fledgling companies. Gostin recently retired as president, CEO and board chairman of Sensis Corporation (now called Saab Sensis), a firm he founded in 1985. Through his leadership and direction, Sensis grew into a market leader of sensors and information technology for the world’s militaries, civil-aviation authorities, airports, airlines, and medical-equipment companies.
We asked Gostin about his experiences and insights into building several successful businesses in upstate New York.
Q: You have a successful history in building Sensis over an extended period of time. What is it about upstate New York that allowed you to succeed in building your business over that time period?
A: There are a number of factors underlying Sensis Corporation’s success but, without question, the principal one is that upstate New York was (and is) home to a collection of stunningly talented electronic, mechanical, and software engineers. A number of these people joined Sensis to provide a sustainable competitive edge in the company’s highly technical Defense and Air Traffic Control markets.
Our remarkable engineering talent is a rare and extremely valuable resource that is too often underappreciated and underutilized. Not only is this talent largely responsible for the sustained success of established companies like Lockheed Martin, SRC, Anaren, Inficon and Saab Sensis, and for the growth of numerous younger high-tech companies, it can also enable the success of future high-tech start-ups. Of course, the latter will happen only to the extent that entrepreneurs step up to provide the inspirational vision, innovative strategy, and enthusiastic leadership needed to utilize this talent effectively.
Q: You continue to be active in the upstate New York entrepreneurial ecosystem. You provide mentorship and have made a recent investment in the health-care startup, 3Pound Health. As an entrepreneur, how have you made the switch from sensor and information technology to health care?
A: Although 3Pound Health’s mission is improving wellness more effectively and affordably, its approach is very much rooted in information technology. For me, the big switch was in leaving the world of defense and civil aviation, a world I knew very well, to enter the unfamiliar world of health care. Wanting to remain involved in the growth of high-tech companies — it’s what I truly enjoy — I had no choice but to switch. That is because the terms of my severance agreement with Saab Sensis precluded me from any meaningful participation in defense or civil aviation. But, that was okay because, for a number of reasons, I looked forward to the switch. Without leaving high-tech, I would be entering a market space that is new, exciting, dynamic, and high-growth. It’s also a market that has urgent unmet needs and offers the opportunity to benefit society. The protection I had against the pitfalls of entering an unfamiliar market was an awareness and acceptance of my ignorance, and a recognition of the need to rely upon others who possessed great domain knowledge as well as integrity and sincere interest. Fortunately, I knew a handful of people with these qualities and they agreed to participate.
Q: If you were a student today at an upstate college or university interested in starting a company, what advantages would you have by staying in the area upon graduation?
A: There are real advantages to starting a company in upstate New York. First, as previously mentioned, the region is home to a wealth of exceptional high-tech talent — those already employed who are looking for exciting new opportunities and others graduating from any of the outstanding regional colleges and universities. An entrepreneur who provides the visionary leadership to attract and effectively focus the available high-tech talent will gain a key ingredient in a high-tech company’s success formula.
Second, over the past few years, the region’s business community has come to realize that its future economic health is highly dependent upon the success of high-tech start-up companies and that this requires an infrastructure that effectively encourages and supports entrepreneurial activity. In fact, to a large extent, this supportive infrastructure is now in place. It includes a number of first and second stage investment groups, a strong mentorship program, and incubators that provide low cost facilities and tax advantages while promoting healthy entrepreneurial interchanges. In other words, today, far more than ever before, in upstate New York, an entrepreneur with a good business idea and the courage to build a company around that idea has access to the funding, mentorship and facilities that improve the likelihood of business success.
Third, within the region, after decades of economic stagnation, a sense of urgency about the need for the emergence of vibrant, modern, high-tech businesses is clearly discernible. This has led to what, in effect, is a cheerleading atmosphere surrounding entrepreneurs and the companies they form. In other words, entrepreneurial activity in upstate New York is exciting and enjoyable. There are many advantages to being a big fish in a relatively small pond.
Q: Lifestyle options and outlets mean a lot to entrepreneurs. As a fan of outdoor pursuits, what is it that endears you to upstate?
A: That’s easy — lots of lakes for swimming and boating, mountains for climbing, great fishing, uncrowded and affordable golf courses, a handful of family oriented ski areas, numerous running and bicycling clubs, lots of easily accessible state and county parks, dramatic scenic changes through four seasons, and a relative absence of natural catastrophes (i.e., hurricanes, tornados, major floods, earthquakes, and forest fires). Outdoor living is, without question, an attribute of upstate New York that is hard to beat, no matter where you go.
Q: You obviously see value in staying connected to upstate’s entrepreneurial ecosystem. What value do you see in that connectivity and what advice can you give to others interested in participating?
A: I stay involved because I enjoy entrepreneurs and entrepreneurial activity, because of a desire to help a community that has given me so much, and out of a belief that my experience and knowledge can make a difference. For me, staying involved is a blast, and I would encourage other business people to try it. If you’re inclined to do so, and want to know how to go about it, I’d recommend contacting CenterState CEO, in Syracuse. They can connect you with investment groups and startup-mentorship programs looking for additional contributors.
We couldn’t agree more with Jud’s assessment of the region’s burgeoning entrepreneurial community. The great news is that we’re truly at the early stages of the amazing story that is unfolding in here. We would encourage you to get involved in the many opportunities that are available for you to connect. To understand what those opportunities may be, reach out to Seth Mulligan, director of venture development at CenterState CEO at (315) 470-1800 or email: smulligan@centerstateceo.com. We look forward to our next installment in the “Region of Entrepreneurs” series, highlighting another valuable contributor to the success of upstate New York.
Robert M. (Rob) Simpson is president and CEO of CenterState CEO. Contact him via email at: rsimpson@centerstateceo.com. Kyle Blumin is an entrepreneur in residence at Syracuse’s StartFast Venture Accelerator. Contact him on Twitter at @kyleblumin
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.