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Today's Young Executives Scott Corwin figured that if he could help one company triple its sales then why not do it for his own business. "I helped turn a $6 million company into an $18 million business," Corwin, 32, said. "After that I decided to go off on my own." It was a good decision on Corwin's part. Three years ago he founded Future Technology Solutions, a Schaumburg-based technology consulting company. The firm started with just Corwin and one employee. Today he employs 30 people and expects to do about $3 million in business this year. Corwin credits his company's rapid growth to his staff. Now Corwin is facing new challenges and is finding that managing a 30-employee business is much different than a two-person firm. "Any company that's our size faces two major issues, cash flow and how to manage future growth," he said. "We've been fortunate to have developed the necessary structure to match our growth." Diversification is the next phase for Future Technology Solutions. While investors have been turned off to dot-com start-ups in recent months, Corwin believes the Web is a good place to expand his company. In the coming months Corwin plans to launch xobaby.com a web site that specializes in birth announcements. "It's a unique niche and we believe in our business model to make xobaby.com profitable," he said. "Another reason our company has succeeded so quickly is the fact that we set attainable goals, then just put 110 percent effort into a project to blow away our initial expectations." -Larry Avila |
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