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#17: Key Insights from Pete Vigue of Cianbro

I had a great interview with Pete and he was very generous with his time so I split it into two sections – this is the second half.  We sat down at Cianbro HQ in Pittsfield, Maine.   Here are some quick insights that I took away – what are some of yours?

-Maine people don’t want anything more than an opportunity.  When I see the pain and suffering that exists in this state, I feel guilty for the success that I’ve had.  I want to allow our people to be part of the success.

-We do some crazy stuff. When you work together and create the right environment, anything’s possible. We’ve been identified as the healthiest and safest company in the country.  There is huge opportunity in the State,  it just takes a little hard work.

-Say you’re in a situation where nobody can get enough welders to bid on a key job.  You can complain about that.  But if you train 250 welders, you’ll have 250 welders.  The other guy won’t.  The companies that have the people get the work.

-We can’t recreate the past.  In Maine, we build things.  If we look at the effect of the pulp and paper industry, 70-80% of our business was pulp and paper, now it’s 6%.  We’ve had to reinvent ourselves.   That’s how we can build components for oil fields in Brewer.

-There will be tremendous demand for well-educated and skilled people.  This is a North American and European problem.  It isn’t a Maine problem.  We have good quality of life.  We have good availability of people and resources.   Our people can do anything you put in front of them.   So we spend hugely in training, and we export our knowledge and our skill.

Lastly: Cianbro outfitted the leading search engine company’s oblong cargo vessel.  Pete is not at liberty to talk about it.  But do you wanna be invited to the party, when they finally let on what they’re doing with it?  Like the show on Facebook – it’s as good of a chance as any.

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#16: Pete Vigue of Cianbro

Pete Vigue is one of Maine’s most remarkable CEOs.  He’s led Cianbro Corporation, an employee – owned heavy construction firm

Pete Vigue 2013 - head shot

based in Pittsfield, Maine, through a period of remarkable growth, and he’s done it in an unexpected way.  In the lingo of these times, Cianbro has pivoted.

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#15: David Stone co-founder of CashStar speaks at Envision Maine

This is a recording of David Stone’s talk at the Envision Maine series, originally recorded on 1/8/14.  Register for the next Envision Maine talk at www.envisionmaine.org and use the discount code GrowMaine for 20% off!

David Stone is one of David D Stone Payments 207Maine’s most remarkable entrepreneurs.  As co-founder of CashStar, his sixth startup, he put Maine’s tech startup community on the map.  The company has grown quickly and in fact was recently ranked the 6th fastest growing tech startup in the country, handling hundreds of millions of dollars of online gift card sales.

David’s talk is an engaging review of his five previous startups (including one with guest #3 Les Otten) and how they led to the phenomenal success of CashStar.

David has since moved on to another venture but remains a wonderful supporter of Portland’s tech community, and can be reached via his website www.payments-207.com.

PS:  Thanks to Mick Dunn of the podcast Risking Failure for making this recording.

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