Chances are this entrepreneur has already helped you, your child, someone very close or even your pet. As a 3-time INC500 winner whose company won E&Y’s Entrepreneur of the Year, Sherwood understands the keys to entrepreneurial success from concept to company to sale.
Sherwood Neiss started his post-MBA career on Wall Street and moved to Silicon Valley where by his 29th birthday reached the personal and financial goals he set for his 30th year. Wondering what to do next and also left struggling with a debilitating family dilemma, he used his entrepreneurial drive to help turn his family adversity into a multi-million dollar company that today is helping millions of sick children, animals and adults get better by being more compliant with their medicines.
Sherwood Neiss co-founded FLAVORx (www.flavorx.com) the company makes 42 yummy flavors that take the yuck out of medicine. His structured approach helped not only build a business model that threw off millions of dollars in cash but also helped grow the business from one pharmacy to over 80% of the pharmacies in the United States. He raised millions of dollars in capital and saw the culmination of his endeavors with the sale of the company in 2007.
Sherwood is an avid public speaker. He speaks at universities and seminars around the world about what it takes to be an entrepreneur, how to fund your idea and build a winning company. He testified at three Congressional hearings; one on the impediments to capital formation under Sarbanes-Oxley and two regarding access to capital for entrepreneurs and Crowdfund Investing. His SOX testimony was one of the reasons the Small Business Exemption to section 404(b) audit requirements was passed in July 2010.
Most recently Sherwood won the November 2010 & May 2011 Startup Weekend Challenges in Miami to use smartphones for instant polling & for an equity based crowdfunding platform. Currently he advocating for the SEC to update the securities laws to make it legal for groups of people to pool small dollar amounts of money together to invest in startups aka “Crowdfund Investing.”
Industry Expertise (3)
VC and Private Equity
Young Entrepreneurs Organization: Entrepreneur of the Year Award (professional)
Responsible for passing a law in the USA related to Crowdfunding (professional)
StartupWeekend Miami 2x Winner with idea for Crowd Fund Investing Platform (professional)
StartupWeekend Miami Winner with idea & prototype to use smart phones for instant polling (professional)
Small Business and Entrepreneur Council: Advocacy in Action Award for my Congressional testimony regarding the impact of Section 404 of Sarbanes-Oxley on Small Businesses (professional)
Inc 500 Award Recipient (professional)
Tulane University: BA, Political Science, Japanese 1991
Thunderbird School of Global Management: MBA, International Finance 1996
Greenhouse Gas Management Institute: Certification, Greenhouse Gas Accounting and Verification 2009
Courses taken: Introduction to Carbon Markets, Basics of Organizational GHG Accounting, Basics of Project-level GHG Accounting, GHG Verification for Inventories and Projects, Setting Up GHG Information Mgt Systems for Organizations
University of South Carolina-Columbia: MIM 1994
Thunderbird AGSIM: MIM, International Finance 1996
Thunderbird School of Global Management: MIM, International Finance 1996
Massachusetts Institute of Technology: Ceritfication, Birthing of Giants 2006
- Startup Exemption
- Crowdfund Capital Advisors