On
February 10, 2015, we had a guest speaker come to our class named John Dimmer.
He is a close friend of Andrew Fry since high school. He came to educate us
about funding for businesses in the real world. For the first half of the class, Mr. Dimmer
talked about his background. He told us about all the experiences and knowledge
he has gained ever since he first started working for the Puget Sound Bank. Since
he’s had a hand in many successful businesses, he is a great person to obtain information
from for novices like me. I know next to nothing about how funding works or
even financial stuff but after his presentation, I feel a lot more confident
about the options that I have to fund a business. I believe that any person
that is an investor for a new business is taking huge risk of not ever seeing
their money again, however, Mr. Dimmer seems to be very successful in choosing
the right companies to fund.
Some
of the experiences that he shared were that he opened a Honda dealership, 4 Airstream
dealerships, and at one point even being an owner of a tech company called Free
Range Media with Andrew Fry. He went into great detail about the financial stuff
with the Honda dealership and the Airstream dealerships. On the side, Mr.
Dimmer has funded at least 50 companies as of right now.
I
think this presentation/guest speaker was the best one that we’ve had so far. I
learned a lot from him. I hope he comes back again one more time this quarter
to answer a few more questions that students might have.
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