Gary Goldstein

Gary Goldstein

My experience is as a founder, Chairman and CEO of an Online Benefits Administration company I sold called BISNet and COO of others allows me to be a versatile and powerful addition to Insynctive.

LinkedIn: www.linkedin.com/in/garymgoldstein/
Walnut Creek, California, United States
Member since March 19, 2014
  • About
Investor interests
Type of investor Angel
Typical investment size $25,000 - $50,000
Typical investments in a year 1
Locations of interest
Credentials None
Activity
Investments made BISNet, Inc, VizKinect Inc., ArmaTerra, Inc., AcroTech Systems, Inc., Maslow Six Entertainment, Inc.
Board seats BISNet, Inc, ArmaTerra, Inc., AcroTech Systems, Inc.
Advisory positions VizKinect Inc., XplorIt, Inc,, ArmaTerra, Inc.
Exits
M&A
GMG Insurance Services, Undisclosed, Source: Another Agency
BISNet, Inc., Undisclosed (published in popular press), Source: http://www.businesswire.com/news/home/20080908005393/en/BenefitStreet-Completes-Sale-Benefits-Technology-Subsidiary-BISNet#.U0BnT6hdU1I
Education
1980 University of California, Berkeley , BA , Mathematics

I am a(n):

Entrepreneur

Companies I've founded or co-founded:
BISNet, Inc, GMG Insurance Services, Inc., JuiceHounds, Inc.
Companies I work or worked for:
XplorIt, Inc,, ArmaTerra, Inc., VizKinect, Inc., Maslow Six Entertainment, Inc., AcroTech Systems, Inc., Benefitstreet inc, Insynctive, Inc
Achievements (products built, personal awards won):

Online Employee Benefits Communication, Enrollment, Administration and Transaction solution to HR systems, payroll systems, third party administrators and over 100 insurance carriers. We managed over 50,000 employees plans, eligibility and elections. We also helped corporations with premium bill reconciliation and billing and so much more. Our focus was also on a high level of service and we had a great team to execute our directive.

If you're an entrepreneur or corporate innovator, why?

I love creating new products and services that improve customers and peoples lives, helping other entrepreneurs grow their ideas into business and be successful.

My favorite startups:

Insynctive, VizKinect, Backplane, LoadIQ, Anki, Inc, HealthCPA, LifeVest Health,

What's most frustrating and rewarding about entrepreneurship/innovation?

Building a business is step wise and takes time. Sometimes the learning process is longer than you'd like. Having no money in the beginning is usually better than having too much because it forces the teams to be realistic, listen to the customers and produce a better overall solution. All of this is painful but usually highly rewarding...

What's the No. 1 mistake entrepreneurs/innovators make?

Planning for the best outcomes and not looking at the reality that a business needs to make money. Sometimes that involves very difficult decisions and many times they are not prepared to roll-up their sleeves or make the decisions so the company continues in the same path or dies.

What are the top three lessons you've learned as an entrepreneur?

Have a great idea or find and validate great SaaS ideas and put 150% into it.
Work with entrepreneurs that have significant and relevant experiences.
Have large markets that have profound needs and the ability to pay for solutions that can solve those problems and improve their lives.

Full bio

Gary Goldstein – President and COO,  My experience is as a founder, Chairman and CEO of an Online Benefits Administration company I sold called BISNet and COO of others allows me to be a versatile and powerful addition to Insynctive.

Insynctive can help these distributors with the largest portion of their book of business, reduce their costs by eliminating paper and incorrect data, differentiate their services which will allow them to retain their book of business, win new business and generate more profits without hiring new employees.  

Specialties: Serial Entrepreneur, Strategic Planning, Competitive analysis, financing, growing a company to profitability, Internet B2B, Marketing Strategy, Leadership, mentoring people

President and COO

Insynctive

March 2013 – Present (1 year 1 month)San Francisco Bay Area

Founder and Business Coach

JuiceHounds Holdings

August 2008 – Present (5 years 8 months)

I am a business coach for start-ups, small to mid-sized businesses and divisions of corporations focusing on helping them get started, conversion from R&D to ongoing operations, development and execution of a business plan and sales strategy, bootstrapping and fund raising.