Stern Oppy Interview with Stern Alum Stewart Satter: Sustaining the Mission: A Conversation on Social Enterprise

Stewart Satter (MBA ‘82) always had an entrepreneurial spirit. In high school, Satter founded a car detailing business that became so profitable that he kept it up through college. “You have to invest a lot of time and energy into a business,” Satter says. “I got up very early on Saturday mornings, distributing brochures in my hometown that I’d made myself. Some people responded, became customers and were so impressed with my work that they referred me. Then during college, I’d drive home every weekend to run my business and eventually had a couple of people working for me. Many think it’s easy to operate a business, but it isn’t. You have to give up a lot of other things in life and so, you better love what you’re doing.”

After graduating from Stern, Satter moved to Hong Kong to set up and run a laboratory for his U.S. based family business, Consumer Testing Laboratories. After four years abroad, he returned, bought out the other company stakeholders and as CEO, grew the firm from 30 to the 1000 employees that it has today. The key to his success? Read more in the Stern Oppy here.