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Ilya Bodner
Owner
Published: December 1, 2007
 Over the course of the last 5 years as an entrepreneur I have successfully launched, managed, and sold off several businesses.
Each organization started has added some value to my understanding of the business world today. My philosophy has been that 9 things out of 10 that I try will fail, but that golden one is always worth the battle. In my experience that has proven to be the case and my successful businesses still operate today under the management of those whom I have sold off to. The latest project is Initial Underwriting Group, a corporation comprised of two concepts: 1) business credit building and 2) business loan underwriting.
Specialties
Leadership, Entrepreneurial Spirit and Mind, Management, negotiation skills, determination for success, understanding and willingness to work hard.
Experience
Owner
Initial Underwriting Group
(Privately
Held; 1-10 employees; Financial Services industry)
September
2003 - Present (4 years 6 months)
Initial Underwriting
Group (IUG) grew out of the financial side of working
with small business owners. Our staff and executive team
come from a background of debt settlement, debt restructuring,
financing planning and investments. In the process we
came to the realization that the average small business
owner is forced to stretch to pay their consultants, and
give the time that must be devoted. Making the leap to
helping business owners was logical and bound to happen
over time. We realized that the average small business
owner knows little about business credit and often makes
the mistake of mixing their personal credit/debt with
their business credit/debt. We began working with customers
- the small business owners, by showing them how to separate
the two. IUG was formed because of this need. And our
specially trained agents work one-on-one with small business
owners.
Co-Founder
Insurance Consultants / Universal Resource
Network
(Privately Held; 1-10 employees; Financial
Services industry)
May 2002 - December 2006 (4 years 8
months)
Universal Resource Network inhoused financial services
such as long term planning, estate planning, life and
key person insurance, business brokerage and other financial
products. This business tailored to all consumer financial
needs from personal assets to business liabilities. Reaching
close to $2mil in premium collected and a dozen employees
I have successfully sold off the business to the managing
partners and co-founders.
Co-Founder
J I Financial
(Privately Held; 11-50 employees; Consumer Services industry)
May 2002 - December 2005 (3 years 8 months)
Debt Settlement,
Debt Consolidation, Debt Management and Debt Restructuring.
Fully established an office to conduct over $5mil in debt-under-management
with over 20 agents and thousands of customers. Upon a
partnership with a local law firm and a realignment in
the workflow the office has further expanded into more
services for each individual customer. With the growth
I have successfully negotiated the sale of the assets
between a private company and the law office attorneys.
The business still operated today with over 4,500 customers
in and out.
Related Articles
 Education
Letter From The Founder
Linkedin Profile
SBA Business Card
Sports Illustrated - November, 2006
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