Art Consoli's Background
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politely being asked not to return for his sophomore year in college,
Art settled into a job at the local post office where the pay and the
hours matched his desire to have a good time and not take anything too
seriously. One of his father’s auto repair shop customers, an
executive at Johnson & Johnson who had watched Art grow up over the
years, decided to take action. “Report to J & J’s personnel office on
Monday at 9a.m. I’ll be damned if I’m going to see you waste your
life. They’ll put you through some tests and we’ll find a job that’ll
week Art was figuring out how to get raw materials and finished
products from a stateside J & J plant to a subsidiary in Venezuela.
months later his boss told him that he had been accepted into Johnson
& Johnson’s prestigious management trainee program. He was the first
non-college graduate admitted and in order to stay in the program he
had to get a degree. He began night school the next semester.
immediately Art began developing his problem-solving skills and
quickly gained a reputation as someone who could go into any
situation, figure out what was wrong, and come up with a solution. He
moved through a number of Johnson & Johnson companies to positions of
ever-increasing responsibility. In his last assignment as a project
leader with the management information center, Art found a company
outside of J & J that wanted to buy the new forecasting system that
had been developed at the center. His vision of heading up a new J & J
company, to develop and market management information technology was
squashed when the powers-in-place said the corporation was not
interested in selling the system.
his future would be found elsewhere and eager to live somewhere new,
Art accepted a position with an industrial building developer and
public warehouse operations corporation, The D. H. Overmyer Company.
The company offered him several locations. He picked the division that
was losing the most money, Phoenix.
“Both my wife’s family and my parents thought I’d lost my mind, “ Art
explains. “They couldn’t understand why I would trade a promising
career with a great company to move 2000 miles away and work in a
business that made money by being very good at borrowing money.”
months later an entrepreneur was born. Several employees returned from
lunch on payday and told Art that the bank wouldn’t cash their checks;
there was no money in the account. When he called the home office to
find out what was going on, Art was told that the company had filed
bankruptcy that morning. Not only were the paychecks going to be
rejected, but all the checks written and cashed in the last few days
were going to bounce. This was a big problem for Art – he had recently
deposited checks for several months’ expense reimbursements, his
quarterly bonus, and his salary for the month (totaling about $50,000
in 2006 dollars).
told his wife what happened she asked where he was going to get a job.
He recalled his response. “I don’t have time to get a job; I have to
make some money – now.”
Thirty-three years later his knowledge and experience came together to
help others. He wrote the book, “How to Evaluate and Profit from a
Business Opportunity – The Entrepreneur’s Guide.”
Chronology of Art Consoli's Business
What’s better - twenty years of
one year of experience repeated twenty times?
experience 1962 - 1973
The Johnson & Johnson
Family of Companies 1960 – 1972
Admitted to the Management Trainee program and then assumed positions
of increasing management responsibilities focused on solving problems.
1) Johnson & Johnson
2) Domestic Operating Company.
Sales & Distribution Services, Supervisor.
Complaint and Claims, Manager.
3) Jelco Laboratories.
Production manager. Distribution manager.
Sales manager to all government entities.
5) Management Information Services.
The D H Overmyer
Company 1972 – 1973
Vice President of the Western Region with profit and loss
responsibility for this
privately held nation-wide developer and operator of 120,000
Experience* 1973 to present
The Bisk Co. Inc.,
President and Owner. Master leased
warehouses and managed problem real estate for CLIC, a division of
MGIC (the largest private mortgage insurer).
18th Street Mobile Home
Park, Owner. 75 space mobile home park in Phoenix, AZ.
Equity Directions Inc.,
Owner. A full service real estate
company (divisions listed below). President of each division and,
where applicable, the licensed party.
1) EDI Development
Developed commercial real estate.
2) EDI Mobile Home
Sold new and used mobile homes.
3) EDI Realty Inc.
Brokered and managed real estate.
4) EDI Mortgage
5) EDI Securities Inc.
Sold real estate syndications.
* Many of these
occurred concurrently with others. Some were held for as little as a
year, some for many years.
EDI Realty, California
Brokered real estate in Southern California.
Chaparral Mobile Home
Managing Partner. 360 space mobile home park
in Tempe, AZ.
Managing Partner. 60 acre industrial warehouse project in Oklahoma
200 seat restaurant in Phoenix, AZ.
Inc, Majority shareholder and President. Veterinarian
Ltd., Managing Partner.
100 unit senior citizen apartment complex
in Tucson, AZ.
Monterey Way Ltd.,
17,000 square foot office building complex in Scottsdale, AZ.
Sun Garden Estate
Ltd., Managing Partner.
240 unit manufactured home sub-division development in Peoria, AZ.
Edmark Milne LLC,
Manufacturer of compact disk storage systems.
Consoli, McCubbin &
McComber Investments, Partner. Owned two warehouses in Southern
Belair Mobile Home
Managing Partner. 320 space mobile home park
in Glendale, AZ.
6,000 acre agricultural joint venture with the University of
Arizona and Ben Gurion University, in Eloy, AZ .
Lake Havasu Ramada
Inn, Master lessee.
104 room hotel with full service restaurant and bar in Lake Havasu
Ltd., Managing Partner.
21,000 square foot office building in Phoenix, AZ.
12th Street Limited
Partnership, Managing Partner. 10,000 square foot office building
in Phoenix, AZ.
Sun Garden Mobile
Home Park Ltd., Managing Partner. 260 space mobile home park
development in Peoria, AZ.
Security Systems, Inc., Majority shareholder and President.
Developer and marketer of computer security systems, worldwide.
Owner, writer and publisher. Produced semi-custom, four-color,
relationship building newsletters for boat retailers
brokerage and workouts for lenders and owners
Hardware Inc., served as President.
A custom steel fabricator of highway sign supports and in-the-road
Central Graphics Inc., served as consultant.
A graphic design and printing business.
Restaurants, brokered two transactions
served as consultant. An air cooling manufacturer.
Oil Service Caddy,
served as product development and marketing consultant.
A manufacturer of engine oil drain and fill equipment.
Automatic Transmissions Inc., served as President. A distributor
of automatic transmission parts.
served as Chief Operating Officer and Executive Vice President. A
$30 million, 250 employee, precision parts
manufacturer for the auto industry.
restaurateur, brokered two leases.
Investments, served as consultant. An asset-based lender.
BPG LLC, served as
coach and consultant