We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
Home » Flat World Holdings Managing Partner Kirk Ferrell Serves on Local "Shark Tank"
Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Upload your press release

Flat World Holdings Managing Partner Kirk Ferrell Serves on Local "Shark Tank"

November 22, 2016
No Comments

Flat World Holdings is proud to announce that Managing Partner and Co-Founder Kirk Ferrell served as a judge on a "Shark Tank"-style competition, where startups and entrepreneurs pitched their businesses to a panel of experts.

The competition was held at OPO Startups in St. Charles, Missouri, and featured four finalists—out of dozens that applied. It was a diverse array of businesses, and included products and services ranging from grilling and barbeque accessories to drone technology focused on the mining industry. Judges heard a 10-minute "pitch" from each business, and had the opportunity to ask follow-up questions.

The winning startup received $10,000 and the runner-up received $5,000.

All participants received some funding based on specific elements of their business plan, including how well they knew their market and their plan for reaching that market.

From a logistics and supply chain perspective, one thing that was clear for the product-focused startups was the important role logistics, supply chain, and warehousing are to startups—even at their earliest stages.

"These businesses, even in year 1 of their operation, are facing the same sort of distribution and warehousing challenges every company faces," said Ferrell. "For example, what happens when you sell products on Amazon and exceed the warehousing capacity Amazon provides? Or when a just-in-time model fails because your product spends far too long on the ship over from China? Those are questions these startups face, and after last night I'm even more excited that this is a market Flat World Holdings is paying close attention to."

However, that doesn't mean Ferrell attended looking for new business opportunities.

"It wasn't that long ago that my co-founder, Jeff Rothermich, and I were running what would become Flat World Holdings off our laptops and coffee shop Wi-Fi," says Ferrell. "We have a soft spot for new entrepreneurs, and they need all the support they can get. Further, we believe that most new economic opportunity and job growth comes from entrepreneurs like the ones we heard from last night."

"And, as a company that strives for an internal entrepreneurial culture, we believe we can learn something from entrepreneurs—whether they are the contestants in this competition, our employees, or our customers."

More Info: http://www.flatworldsc.com/index.php/blog/36/flat-world-holdings-managing-partner-kirk-ferrell-serves-on-local-shark-tank

Submit your logistics, material handling, or supply chain related company news in DC VELOCITY's Industry Press Room section or New Products section
  • Related Articles

    FLAT WORLD HOLDINGS A WINNER OF THE GREATER ST. LOUIS AREA 2018 TOP WORKPLACES AWARD

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Schneider welcomes first battery-electric truck

  • Fred Smith is not worried about Amazon

  • RJW LOGISTICS GROUP EXPANDS RETAIL LOGISTICS OPERATION TO DALLAS

  • Researchers: Ships can look to Mother Nature for energy-saving ideas

  • Maersk deploys indoor drones for warehouse inventory counts

Now Playing on DCV-TV

C8c3bc6b a91d 4181 a18f 35f288257630

ACPaQ: Fast and reliable automated mixed case palletizer

DCV-TV 4: Viewer Contributed
Fully Automated Mixed Case Palletizing ACPaQ is a universally applicable solution for fully automated order picking of mixed case pallets based on customers‘ requirements. Its software allows you to customize the palletizing order to increase efficiency during in-store replenishment. The mixed case palletizer...

FEATURED WHITE PAPERS

  • The five best applications for robotic lift trucks in warehouse environments

  • Fulfillment Facility Improved Efficiencies by 4x

  • 3PLs: Complete Orders Faster with Flexible Automation

  • Reusable Packaging for the New Wave of Supply Chain Automation

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing