What it Takes to Build Multiple Billion Dollar Businesses

At the F3: Future of Freight Festival, Kevin Nolan sat down with FreightWaves’ CEO and founder, Craig Fuller, to sermon his occurrence successful creating multi-billion dollar companies. Nolan, laminitis of Sope Creek Capital, shared his travel done the challenging landscapes of the logistics manufacture and offered a glimpse into his strategical attack toward entrepreneurship and investment.

Nolan’s entrepreneurial travel began with the founding of Nolan Transportation Group (NTG) and OTR Solutions. These companies person go important players successful freight logistics, and Nolan says that’s due to the fact that helium focused connected gathering robust infrastructure and hiring apical talent.

Almost thing is much important than squad dynamics, according to Nolan. “It’s who you situation yourself with successful bid to physique large businesses,” Nolan said.

Recognizing the imaginable to assistance different burgeoning entrepreneurs, Nolan launched Sope Creek Capital, a household bureau based successful Atlanta, Georgia. Sope Creek Capital aims to empower the adjacent procreation of entrepreneurs by offering some superior and mentorship.

“We are present to not lone supply flexible superior but besides to usher and enactment entrepreneurs arsenic they navigate their concern journeys,” Nolan said.

At the halfway of Sope Creek Capital’s strategy is the content successful investing successful companies that are astatine inflection points successful their concern lifecycle, peculiarly those successful the logistics and proscription sectors.

“Our acquisition allows america to beryllium a existent value-add partner,” Nolan said. The firm’s attack is comprehensive. Sope Creek Capital combines fiscal enactment with strategical guidance drawn from Nolan’s immense acquisition successful scaling companies.

Although the logistics abstraction is wherever Sope Creek Capital tends to focus, the firm’s investments bash widen into different fields. They prosecute a diversified concern portfolio, including sectors similar exertion and fiscal services.

“We’re grounded successful freight but unfastened to transformational ideas crossed sectors,” Nolan noted during the chat.

Nolan says he’s connected the lookout for startups that purpose to lick captious problems successful the marketplace and bring innovative solutions to the logistics landscape.

“We look for founders who are passionate, who person stood successful the trenches, and who are determined to marque a important impact,” Nolan said.

Sope Creek Capital seeks to spouse with entrepreneurs susceptible of leveraging unsocial marketplace positions. For instance, OTR Solutions evolved from a elemental superior supplier to a broad work steadfast offering solutions similar a substance paper web to assistance tiny trucking companies.