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Mississippi Business Journal printed the following in the
June 12-18, 2000 issue.
Louisiana Native Bill Hogg One of Mississippi's Biggest Fans
by Kelly Russell
Even after 60-plus years of founding and running companies, Jackson fireball
Bill Hogg is still listening and learning, wheeling and dealing, and teaching
others the management basics he has applied throughout his life.
Hogg, one of eight Mississippians nominated for the national Ernst
& Young Entrepreneur of the Year Award, is founder of food service giant
Valley Innovative Services. At 83, Hogg is also an economic developer and
speaker and is in the process of nurturing two new businesses, Customer Frozen
Meals for shipping frozen meals, and cash management software for the food
service industry.
Hogg is also in the midst of developing some of the area's hottest
real estate -- about 400 acres near the Jackson International Airport along
Mississippi 25. Beginning in the late 1950s, Hogg bought several hundred acres
in Rankin County, then known as "No Man's Land, USA" by many Jacksonians. Hogg,
however, decided to buy the land after seeing for himself how well real estate
sold around the Dallas and Atlanta airports.
"I put up a map, drove a nail where the capital is and said, 'I'll
buy anything within eight miles of the capital that's in Rankin County near the
airport,'" he said.
With the state's capital close by, he predicted the land around the
airport would be worth much more someday, and he was right. Since his first
purchase, the value has increased as much as 825 times the purchase price, he
said. Hogg eventually owned about 800 acres in the area, some of which he sold
and some he donated to the city of Flowood to build a golf course. Hogg and the
F.R. (Dick) Newquist family donated 180 acres for The Refuge, which opened a
few years ago. Newquist was one of his first employees and one of several
millionaires to come out of Hogg's company.
Hogg is now developing the land around the golf course with upscale
office buildings. One building, Canebrake at the Refuge, is finished and a
second building is planned. He sold some of his acres for Jackson's newest
mall, Dogwood Festival Marketplace, which is scheduled to break ground next
month and be finished in August 2001. In addition, he is building a new
corporate headquarters and processing facility for Valley Innovative in Rankin
County.
"Hogg just continues to improve not only his company, but the
county as well," said Tom Troxler, executive director of Rankin First Economic
Development Authority, where Hogg serves on the board. "He's an incredible,
visionary person."
It is hard not to catch the entrepreneurial spirit from Hogg, who
came to Jackson in 1947 with a '41 Chevy, a truck, and a business plan that
would become his first company, BTD Inc. Short for Bill the Distributor, it was
a wagon-job business that supplied groceries such as mayonnaise, cheese and
margarine to local stores.
As the food business has become more sophisticated, Hogg has always
been prepared to change as well. Just two years after forming BTD, he saw the
decline of wagon- jobbing as chain grocery stores and co-ops began warehousing
and delivering their own products. Predicting a trend toward simple meal
preparation, he entered the retail frozen food specialty business and picked up
such lucrative customers as Florida Gold.
As the 1960s approached, Hogg saw dollar signs in the institutional
food business, and opened a new arm of BTD which would later become Valley
Innovative Services. Today Valley Innovative Services serves more than two
million meals each week over a 20-state area. The company prepares meals on
location for correctional facilities, senior meal services, retirement
services, healthcare services, and dining services such as company cafeterias.
Hogg's cash management software, a natural outgrowth of Valley,
controls food service from the dock where the food is unloaded, all the way to
the cash register.
"If 1,000 hamburgers don't go out, (management) knows," says Hogg,
who claims the software is capable of returning 10% on average to a company's
bottom line by controlling waste and unexplained losses.
Since the company's start in 1998, the software has attracted the
likes of Johns Hopkins Medical Institutions, Stanford University Medical Center
and the Mayo Clinic, all of whom make big investments yearly in food service.
Hogg believes his success in the food service business has come
from selling only quality products, a practice he learned growing up at his
grandparents' grocery store in New Orleans. He has also invested his time in
developing the potential of his management using a teaching tool he created
called the Captain's Wheel. He uses its spokes, or elements, in everyday
management and encourages his management to do the same. At the center of the
wheel is ETO (Enthusiasm, Time and Organization) surrounded by spokes that
include Balance, Communication, Creative Adaption and Personal Progress.
Hogg also regularly shares his business experience with high school
and college students in and out of state. He teaches them about
entrepreneurship, and when speaking to Mississippi students, tells them about
his love for this state and what if has to offer a business person.
"I always ask them, 'Why do you graduate and run off when we have
the best of everything here in Mississippi?'" says Hogg. "I want to build up a
consciousness about Mississippi, to tell people with talent that they don't
have to skip this state and go somewhere else."
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