Phil has been an entrepreneur all his life. He has used his business skills to take over privately held companies, which were in or near bankruptcy and reorganize them. Phil would identify their illness and write a prescription to bring them back to health by replacing management, and refinancing the business.
The big six accounting firm, Arthur Young and Venture Magazine honored Phil in 1987 as the “Entrepreneur of the Year in the United States”. Phil’s holding company also made the prestigious INC MAGAZINE ANNUAL INC 500 LIST, which identifies and honors this nation 500 fastest growing privately held companies.