BATON ROUGE – The Top 10 companies in the inaugural LSU 100: Fastest Growing Tiger Businesses were announced this afternoon at a luncheon held at the Crowne Plaza Baton Rouge. Broad Oak Energy, Inc., led by David B. Braddock, claimed the number one spot for 2011.
Hosted by LSU and the LSU Stephenson Entrepreneurship Institute, the LSU 100 celebrates the success of LSU graduates and recognizes the impact of LSU on the local, regional and national economies. According to LSU SEI Director of Development Jill Roshto, the Top 10 were identified independently by Postlehwaite & Netterville, which calculated each company’s compound growth from 2007-2009.
“The turnout today was wonderful, and we could not be more excited about celebrating the growth of these Tiger-owned and Tiger-led businesses,” Roshto said. “We look forward to celebrating more success stories like this next year.”
Braddock, who serves as chairman and chief executive officer of Broad Oak Energy, gave his company’s recipe for high achievement, which led to Broad Oak Energy experiencing compound growth of 464 percent during the competition’s parameters.
“Build a presentation that develops your business plan and a financial model to understand your capital needs,” Braddock advised. “Plan for success, hire smart people and give them your vision in order to execute your plan.”
Braddock graduated from LSU in 1974 with a bachelor’s from the College of Arts & Sciences.
The companies joining Broad Oak Energy in the Top 10 are, two through 10:
- Public Properties, L.L.C.
- Joubert Law Firm
- General Informatics
- Ryan Gootee General Contractors, L.L.C.
- Gatorworks Web Design, L.L.C.
- Construction Management Solutions, L.L.C.
- Doerle Food Services, L.L.C.
- Petro TV, L.L.C.
- Worley Catastrophe Response
To view the full list of the inaugural LSU 100, visit www.lsu100.com. Nominations for next year’s LSU 100 will open July 15, 2011.
For more information, contact Roshto at firstname.lastname@example.org or Jarett Rodriguez at email@example.com or call 225-578-0313.
The Stephenson Entrepreneurship Institute, an integral part of LSU’s E. J. Ourso College of Business, utilizes the Stephenson Entrepreneurship Fellows, LSU Executive Education and Social Entrepreneurship to address the challenges of entrepreneurship and to positively impact students, the regional economy, the state of Louisiana and the nation. A generous donation by LSU alumni Emmet and Toni Stephenson made the continued development of the college’s entrepreneurship institute possible. For more information, visit www.bus.lsu.edu/sei or call 225-578-0313.
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