Tom Golisano
Tom Golisano
Blase Thomas "Tom" Golisano is an American businessman and philanthropist. He is the founder of Paychex, the second largest payroll processor in the United States and former co-ownerof the Buffalo Sabres hockey team and of the Buffalo Bandits lacrosse team. He sold the Sabres and its assets to multi-billionaire Terrence Pegula in February 2011. Golisano made a bid for the bankrupt Los Angeles Dodgers franchise in early 2012; but his group was eventually outbid by a consortium led by Magic...
NationalityAmerican
ProfessionAviator
Date of Birth14 November 1941
CountryUnited States of America
Like health care, education is something worth spending on and worth investing in, but we're spending more and getting less.
It struck me that most businesses have less than 100 employees, but most payroll services were going after bigger companies.
If you have fewer teenagers having children, they could focus more on their vocational development.
If we go by the National Popular Vote, we'll get more people voting.
I'm not possessed about owning the Buffalo Bills, just as I wasn't possessed about owning the Buffalo Sabres.
From the day I got out of school, I was looking for an idea.
Baseball has been my favorite sport all my life.
Anyone who has been as successful as I have should want to share those resources. Why not give some of it to charity?
A lot of politicians say they want to get people out to vote; sometimes you can't totally believe they really want that.
Electronic Accounting Systems processed my little payrolls like one big payroll. I did the selling, and the people I hired did most of the operations.
By the end of 1978, we had 11 partners and six franchisees, we were operating in 22 cities, and we had about 6,000 clients. We had left Electronic Accounting Systems and were doing our own processing on our own computers.
We picked a great marketplace. We were a pioneer in payroll processing for very small companies. And we had the perseverance and good fortune enough to stick it out.
I came up with the idea for what later became Paychex in 1970 when I was working for Electronic Accounting Systems, a company that sold payroll processing to companies with 50 to 1,000 employees.
My original business plan? To work hard, get 300 clients in the Rochester area, and live happily ever after.