There are not many people in the world that have been able to create a harmonious balance between their business and social work, charity and economic prosperity.
Peter Loftin is one of these names that have been able to achieve the pinnacles of success in business and at the same time, help the needy and the desperate. His stint with business success came early but this did not get on to his head. He always sought ways to help those around him.
He supported charities that helped poor children, war veterans and their families, artists and others. He did his best to make the world a better place to live in.
Business Ventures of Peter Loftin
Still in his twenties, Peter loftin got onto the business bandwagon not that he inherited it. In fact he came from a very humble background as his mother was a school teacher while his father was a War veteran. He was not born with a silver spoon but with the spark of doing something big and mighty for himself and his community.
In the year 1983, he entered the telecommunications business with the establishment of the Business Telecom Inc. (BTI) in Raleigh, North Carolina. This was the time when the monopoly of the Bell telecommunications ended and Peter could smell an opportunity.
The following years proved very successful for Business Telecom Inc. as it was ranked as the seventh most successful business establishment in the country. On the basis of the number of employees, clients and associated companies, the BTI was considered as the fifteenth most successful company in the world.
The company provided employment to a large number of the populace of North Carolina. For this reason, Peter Loftin was awarded the ‘North Carolina Entrepreneur of the Year’ award. He was awarded the ‘Corporate Citizen of the Year Award’ by the North Carolina Electronics and Information Technologies Association (NCEITA).
These awards were not only given for his success in business but for his charitable contributions that he made; one of which was providing free internet services across the disabled schools in North Carolina.
Establishment of Whiskey Distillery
Another of his more recent business ventures includes the establishment of the Bardstown Bourbon Company, a specialized whiskey distillery. This distillery was established with the intention to celebrate the craft of whiskey making and the contribution of the Bardstown community to which the world is thankful for bringing bourbon.
Another of the business ventures that was carried out by Peter Loftin with an intention to provide employment to the local youths was the purchase of the Casa Casurina. This was a luxury villa purchased by Peter and transformed into a boutique hotel. It provided employment to a large section of the population thereby helping them in pursuing a decent life.
There are few people like Peter Loftin that have contributed to the society much more than what they achieved from it. We need to take inspiration from him and create a balance between business and social work.