Jim Frings – Co-Founder & Partner
Jim has spent his career building and transforming businesses across real estate and software. After earlier roles in finance, strategic planning, marketing and sales with Intel, including developing technology transfers and joint ventures throughout the world, Jim acquired G3 Industries, now with locations in Kronenwetter, Two Rivers and Sussex, WI, in 1993 and grew its revenues tenfold over the next thirty years.
Jim brings a blend of global experience and Wisconsin pragmatism, having led companies through both prosperous and challenging times. He serves on several corporate and non-profit boards.
Education: Georgetown School of Foreign Service (BSFS), Columbia University (MBA)
Based in: Wisconsin
Questions & Answers-
My favorite comfort food is a good ole' Door County fish boil with all the sloppy butter and salt. I usually enjoy the whole affair with extended family and friends as we do the boil and drink a few crisp Wisconsin beers.
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The advice I use most often came from my b-school statistics professor, who described life as one big linear program composed of possible outcomes and their associated probabilities. All my decisions, literally every single one, are based on this algorithm.
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My first real job was at 15 when my best friend and I bought dozens of acres of standing hay and a lot of baling string, on credit. We traded our labor for the use of farmers' equipment and storage space. We, then, found a hay broker to buy the hay months later. We made hay while the sun was shining and sold it in the dead of winter, reaping an honest and healthy profit. Then, we each bought a small stock portfolio with the proceeds, and we were both off to the races.
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I build trust by being transparent. I tend to over-communicate, including the bad news. From time to time, people tell me that I share too much, but this is how I operate, and it has served our investors and me well. People who don't like it can work with someone else.