Member Minute with LightSpeed VT Midwest
If you’ve ever sat through a dull training video, then you’ll understand the necessity of LightSpeed VT Midwest. Through their interactive video technology, their team helps companies, trainers and subject matter experts to maximize their effectiveness, automate accountability, reduce costs and in many cases drive new revenue. Steve Hull, President of LightSpeed VT Midwest, shares more about his company in this Member Minute interview.
Please tell us a little bit about your company.
Founded in 2006, LightSpeed VT Midwest is a training solutions company that takes your content and creates web-based training that engages users with interactive components within lessons. Whether your content includes customer service training, leadership, business development, or self-improvement, LightSpeed VT Midwest can scale it down, and create state-of-the-art training modules to help broaden your audience.
Our mission is to inspire people to learn by delivering the most engaging, innovative and reliable training solutions in the world.
Describe your business’ most recent success.
We recently launched a client with all new content in 90 days with over 1,500 interactive videos.
To what do you attribute your success?
Our staff are the key to our success. The people here bring a high level of talent and customer service.
What differentiates your business from your competitors?
Our business model of revenue sharing with content experts and interactive technology.
What is something people may not know about you or your business?
Our clients include both local and national brands. Some of our local clients are Lubrication Engineers and Billy Sims. A few of our non-local clients are Grant Cardone, The Black Swan, and Dale Carnegie.
Where do you see your organization in five years?
In five years we hope to have doubled our client base along with diversifying the content provided by those clients.
What about your business/organization are you most passionate?
Our people and our interactive technology. The two combined are a powerhouse!
Is your company involved in any community/civic activities?
We recently went to L’Ouverture Technology Magnet Elementary for their Career Cookout. The goal was to expose kids to a variety of careers in technology. We asked kids to show us their best dance moves, so we could make a music video. You can see the end result on our Facebook page.
Why did you join the Chamber and what do you find most valuable about membership? We joined the Chamber to support Wichita and the local business community. The networking events alone have brought value to our business.
What is your favorite Chamber event, program, or service and why?
Our favorite Chamber event is Exposure. It’s a great way to expose our products and services, as well as explore what the rest of the city has to offer.
What has Chamber membership brought to you and your business?
Two great local clients, Fundamental Learning Center and Wired Within!
On a scale of 1 to 10, how strongly would you recommend Chamber membership to a colleague?
10 – Involvement in your community is the most important thing a small business can do.
What is the best thing about being a small business?
The best thing about being a small business is that all staff members get to be hands on with our clients, which provides a closer relationship and level of customer service.
What is the most challenging thing about running a small business?
The most challenging thing about running a small business is that staff members do wear multiple hats at times.
What is your best piece of advice for new small business owners/entrepreneurs?
My best piece of advice for a new small business owner is to get involved in the community. Use that to learn what resources are available to you.
What is something you wish you had known when your started your own business?
To always build more time into your expected costs than you think you will need.
Favorite business book?
Never Split the Difference by Chris Voss