My path to becoming a business coach.
I am a native of Great Britain and hold both American and British citizenship. I have spent 47 years in business, all but 13 of those years have been in companies I started, grew and ultimately sold at various stages of development. I have experience as an entrepreneur, technologist, accountant, CEO of a public company, business consultant, business coach and sales and marketing strategist and I have conducted business in the Americas, Caribbean, Europe and Asia Pacific.
From Beach Bum to Business Owner
I was raised and educated in England and in 1963 started a career in International Banking, working in London, Central America and several Caribbean Islands. Four years later, bored with banking, I became a beach bum in the US Virgin Islands for a while before getting my act together and earning regular paychecks from various private sector industries. Very soon one of these companies realized I had a brain under that long hair and bandana and offered me the presidency of the island’s leading manufacturer of concrete products and wholesale building supplies. I was 26 at the time. Two year later, I realized that I had the instincts, wherewithal and fortitude to be an entrepreneur and this was the last time (other than a short 18 months when I was CEO of a public company) that I was ever on someone else’s payroll.
In 1973 I founded, along with two other partners, an accounting, tax, data processing and business consulting firm and provided services to clients throughout the Caribbean, Hispaniola and Puerto Rico. While in the Islands, I also pursued other entrepreneurial ventures that included a commercial laundry and retail dry cleaning, commercial and residential real estate and an air charter venture. (Oh – and one disaster – a Midas Muffler franchise.) In 1980, tired of island living, I sold out and moved to Vermont.
Once I overcame climate shock, I started McAllister & Associates, an independent agent for “best of breed” IT solutions that covered every facet of bank automation. I consulted with, marketed and sold technology systems to hundreds of financial institutions in the United States as well as in West Africa, the Caribbean and Asia Pacific. I also set up a core banking software subsidiary with headquarters in Kuala Lumpur, Malaysia.
Journey to Missouri
One of the companies I represented, Jack Henry Associates, Inc, a publicly held banking software company based in Monett, Missouri, had made certain strategic decisions that seriously threatened its survival (and curtailed my ability to make money). In 1989, I took the position of CEO in that company and assembled and led a turnaround team that focused on the company’s core competencies and revitalized marketing, sales and channel relationships. The turnaround was a success and the engagement ended in 1990. Since that time the company has done rather well.
Finding myself in Springfield, MO and newly married, I founded DataTrade, LLC to provide services to financial institutions and other corporations with ways to automate financial transactions, perform data conversions and archive and manage digital information. My clients ranged in size from Fortune 100 companies to community banks. In 2007, after 16 years in business, I sold the company for 14 times earnings. At that time the company had just shy of 1,000 active customers in the USA and 11 foreign countries.
The Beginning of the Now
In 2009 I retired from owning businesses and accomplished many things on my bucket list, but found I still missed the challenge of winning in business. In 2015, I founded McAllister Coaching, LLC to “pay forward” all the knowledge and practical experience gained in a lifetime of successes and failures. I focus my coaching and mentoring on entrepreneurs, small business owners and corporate executives.
Are you ready to take the next step? Let’s talk. Call today 417-849-3401 or email me at email@example.com.