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Connecture's Maynard finds IT business opportunity in adversity

Waukesha, Wis. - As the web-centric business sector continued its crash in 2001, the directors of an East Coast company were contemplating the shutdown of their Wisconsin-based business unit. Their decision was only delayed when the events of Sept. 11 forced postponement of the board meeting in New York scheduled for that tragic day.

When the f......

Full article >>> continuing its focus on providing web-based sales, service, and processing for large health plans. As Maynard and his business partners were building their company, competitors were doing the same, and in some cases, doing it with more resources.

"The market was turning up, but we could not effectively compete without more capital," he said.

By 2003, Maynard said the options were......

Full article >>> benefits of the merger did create a stronger company, with revenue growing 55 percent in 2005. Connecture is tracking to do $30 million in business this year, with about 180 on staff in Waukesha, Atlanta, and India.

The company serves 10 of the nation's biggest health plans and recently expanded its product line-up to serve smaller plans as well. Connecture has somewhat quietly become one......

Full article >>> e company went out of business eight months after he started. But the loss of that job was opportunity. Maynard took a position as a programmer with a health insurance company in Brookfield, Wis., eventually rising to the position of director of information systems.

While the work was expanding his industry knowledge and giving him job security, it also was testing his entrepreneurial nat......

Full article >>> ood and Connecture.

While Maynard has been comfortable in the more structured roles the larger Connecture has required, the company did hire an experienced chief operating officer last year. "Typically, the entrepreneur rides it only so far," he said. "For my COO, I wanted a professional manager."

Maynard's heart remains with growing, entrepreneurial ventures that can be made int......

Full article >>> de or opinions expressed herein.......

Full article >>>
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Source:wistechnology.com By Geoff Bastow 03/07/07


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