30 Best CEOs of the Year 2020 30 Best CEOs of the Year 2020 | Page 34

Robert Hessel, Source 1 Solutions Inc CEO: ‘Our Mission
is to Partner with Truly Great Companies to Expand
Technical Capabilities and Geographical Reach’
“We expanded our operations in 2012 by opening European locations, with an increased focus on expanding globally.”
S
ecurity is one of the fastest-
growing industries of the
21st century, given the
rampant increase in threats to
businesses globally. All major
and minor companies need to
protect their data from fraudulent
activities in order to ensure
privacy of sensitive information.
Global security companies are
on the rise, coming up with
new ways of tackling security
problems and providing their
clients with a sense of safety and
security.
Source 1 Solutions is one such
global services company that
provides IT solutions to its clients
all over the world. Founded
by Robert Hessel in 2011, the
company has been providing
high-tech solutions to businesses
worldwide. Source 1 currently
provide sits services to over 500
hospitals, major retailers, global
shipping companies, and four
global banks in 96 countries.
Major companies like Orange
Business Services, Verizon
Wireless, Vodafone, and several
other global service providers
Source 1 Solutions was founded
in 2011 and is headquartered in
Clearwater FL.
In Conversation
with Robert Hessel,
Source 1 Solutions
CEO
What was the idea behind
the setup of Source 1
Solutions?
It was created with the vision of
a services-only firm specializing
in expanding clients’ technical
capabilities and geographical
reach.
Can you brief us about the
history of your company?
We established Source 1 Solutions
in 2011 focused on IT, Security
and International parts delivery.
We expanded our operations
in 2012 by opening European
locations, with an increased
focus on expanding globally.
By 2016, we had standardized
internal operations utilizing
International standards for
business delivery. From 2017-
2018, we focused on moving
all global technology system
operations to Clearwater, Florida.
Currently, we are opening a new
office in Ireland to serve as the
European Headquarter.
What were the biggest
initial hurdles to building
your business and how did
you overcome them?
The biggest hurdle for any
privately funded company is cash
flow. To overcome this challenge
without any outside investment
is imperative to focus on the core
strengths and profitability of the
company.
What is your greatest fear,
and how do you manage to
overcome the same?
My greatest fear is in balancing;
being present in the day to day
but not getting pulled back into
the routine operation. It is key for
a CEO to focus on vital tasks of the
company in order to see into the
future to adjust strategy as the
global market and economy shifts.
‘It is difficult to start a
venture, but far more
difficult to maintain it’.
How would you and your
team interpret this saying?
The challenges that a company
faces in the start-up days are
similar as the company grows.
What makes a great small
“Our vision is to keep cities safe so that people thrive.”
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