Interview with Wade Hughes: Wed. Aug. 10

Last week Bold Ventures welcomed Wade Hughes, Managing Partner of The Intersect Group- a national finance, accounting, and information technology staffing and consulting firm. Wade explained a very important issue surrounding jobs: How companies decide whether or not to Off-shore, Near-shore, On-shore, or Re-shore jobs. Off-shoring is when companies send jobs, for example in finance and accounting or IT, to places like India. Near-shoring is when they go to somewhere like Costa Rica. On-shoring jobs is when the jobs are kept in the United States for Americans. Re-shoring is a new trend involving taking those Off-shored jobs that are in foreign countries and re-shoring them back to America. Hughes explained that what may have once been a good economical decision for companies, now the cost of Off-shoring jobs is changing. Financially, many companies are finding it more profitable to re-shore off-shored and near-shored jobs back on-shore. While that may be a mouth full- it’s a very good thing for job seekers in America. Personally, Hughes is aiming high for The Intersect Group. He sees the company changing the playing field and striving to create opportunities for many people to excel and maximize their own potential.

Interview Highlights:

A lot of people are not interested in the permanent job anymore and there isn’t as much loyalty in support function positions. People are moving around a lot more. The Intersect Group is the perfect vehicle for those people.

Hiring is: “Certainly more of an art than a science.” And The Intersect Group is a very fast paced, sales oriented culture. Some people are a natural fit and others are not.

Advise to entrepreneurs: “Jump in the fire.”

Speed Bio:

Age: 44

Hometown: Birmingham, AL

College: University of Alabama: “Roll Tide”

Degree: Accounting Degree

Siblings: One brother, Tommy

Mentor/Most Admired Business Leader: Warren Buffett

Lemonade Stand or any other entrepreneurial endeavor growing up? “Fireworks stand!”

http://theintersectgroup.com/index.php

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