Rick discusses the importance of cash flow in starting up a business, and shares an inspiring story about a time when the answer to his problem was “not in the back of the book.”
Richard “Rick” McNeight received a BS degree in January 1973 from University of Wisconsin – Milwaukee in Applied Science and Engineering.Rick started his career as a Software Engineer with North Electric Company in Galion, Ohio, writing computer programs for controlling telephone systems. After receiving his graduate degree, he transferred to the ITT International Telecommunications Division in Cape Canaveral, Florida, where he worked as a Software Engineering Manager for international telecommunications systems. He advanced through several management positions to become Director of Software Engineering, supervising 125 software developers, writing real time telecommunications systems software. Upon leaving ITT Rick took a 1-1/2 year overseas assignment with Siemens GmbH, Munich, Germany, where he was a member of an international task force assigned to develop their 10 year strategic plan for future telecommunications systems. In 1982 Rick co-founded Paravant Computer Systems, Inc. in Satellite Beach, Florida, to develop portable computers that could be used outdoors in extreme weather conditions and operate under severe drop and vibration. Rick orchestrated the sale of Paravant to DRS Technologies, Inc., in November 2002. He became President of the newly formed DRS Tactical Systems Strategic Business Unit, consisting of all the Paravant and DRS rugged computer and display companies in England, Maryland, New York, Colorado, West Palm Beach and Melbourne, Florida.
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