Amanda Sorrells manages a growing caseload of young entrepreneurs in the 85+ rural counties in North Carolina by assisting aspiring entrepreneurs with business plan preparation, market and product development, financial projections and analysis, operations and management planning, capital acquisition strategies, and business implementation.
Mr. Kinney’s Background: Senior Employee of Morgan Stanley from 1986 – 2009, including Chief Operating Officer for Morgan Stanley Capital Group. 2001-2009. Morgan Stanley Capital Group (MSCG) was the legal entity for the Commodities Trading Division which was active in the oil, power, metals, and agriculture markets globally. During Mr. Kinney’s tenure MSCG invested in various existing or new businesses related to commodities. In addition, the commodities division assisted clients in either providing financing of new ventures or to provide trading structures to allow new ventures to get bank financing. MSCG had over 400 employees globally, primarily in New York, London and Singapore.
Question
Question
I see that you started out as a farm partner. How did you get from that position to where you are now?
I grew up on a dairy farm in New York. After attending Cornell, my first job was working for the federal government for what is now called Rural Development in at a farm loan program. The family farm expanded and I went back and worked there. Things didn’t work out quite the way I thought they would. So then I got into banking, specifically ag lending. New York State is one of the leading dairy producers in the country. Agriculture is a big banking business in New York because farms are so capital intensive. From there I went across to a local bank and became more involved in commercial and small business lending.
Question
Name: Joe Brumit
Company: Brumit Food Group
Interview Location: Joe’s Office In Asheville
1) Education
Started at The University of Tennessee at Knoxville, but did not finish.
2) Background Information
a)When was your company started?
1988 was the year, the name was originally Winning Team. In 2007, a partner took control over the company. Shortly after, the company began doing poorly and I regained control. The name was changed to Brumit Restaurant Group (BRG)
b) Why did you start this company?
I already had exposure to this type of industry and I saw an opportunity to take an idea and use it correctly to make it big. My experience with the restaurant business is what drove me to make it a passion.
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