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Boca Raton Businessman Named Florida's Entrepreneur of the Year.


BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BW HealthWire)--July 2, 1997--Edgar Otto of Boca Raton was recently named Florida's Entrepreneur of the Year in the manufacturing category by Ernst & Young, a provider of comprehensive business advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 and founder of the awards program.

Otto is chairman of Boca-based National Healthnet Corp. The 18-month-old enterprise is a disease management company specializing in the treatment of chronic wounds and is the latest in a series of successful companies started by the energetic 67-year-old father of six.

"It was a tremendous honor to be singled out and recognized," said Otto, who has also successfully developed companies involved in plastics manufacturing, health care and finance.

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 Ernst & Young's Richard J. Dobkin, director of entrepreneurial services, contest winners must possess characteristics associated with the word "entrepreneur" - risk taking, perseverance, ingenuity and innovation.

Finalists are chosen by a statewide independent panel of judges Panel of Judges is an indie pop band from Melbourne, Australia. Members
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 based on several factors including financial growth of their companies, growth in the number of employees, the story behind the success of the entrepreneur and the unique characteristics that set the nominee apart from competitors. Marketing, strategic planning, corporate culture and product/service are also important considerations.

Otto, who received the honor on June 27 at a black tie gala at The Peabody Orlando attended by 700 people from around the state, is now eligible for the National Entrepreneur of the Year awards in Palm Springs, California Palm Springs is a famed Riverside County, California desert resort city, approximately 110 miles (177 km) east of Los Angeles and 140 miles (225 km) northeast of San Diego. As of the 2000 census, the city population was 42,807.  in November.

The Entrepreneur of the Year program is co-sponsored by The Nasdaq Stock Market Nasdaq stock market

The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies.
, USA Today, The Citibank Private Bank, Sprint and the law firm of Holland & Knight LLP LLP - Lower Layer Protocol .

When asked about his keys to success, Otto, a graduate of Rutgers University, said: "Find a need, then fill it by doing what you say you are going to do when you say you are going to do it."

And his advice to budding entrepreneurs?: "Do business so that you can go back and do business again."

For more information about National Healthnet, check out its web site at www.nhnet.com .

CONTACT: Greg Otto, 561/994-1174
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 2, 1997
Words:339
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