MIKE FARRAR mikefarrar@advancedsales.com 214-208-2852 7805 Jefferson Circle, Colleyville, Texas 76034 SENIOR SALES EXECUTIVE TELECOM SEMICONDUCTOR INDUSTRIAL Dynamic, results-driven Senior Sales Executive offering unique blend of technical expertise coupled with sales leadership experience, with a strong history capturing new accounts, expanding territories, and driving multi-million dollar revenue growth for startup and emerging organizations. Repeatedly deliver top performance as both individual contributor and manager, concurrently expanding markets and product offerings. Articulate and diplomatic communicator and negotiator. Stellar record of developing and leading best-in-class teams and driving revenue growth through a loyal client base and superior customer service. Keen business acumen complemented by Bachelor of Science in Electrical Engineering. C ORE E XPERTISE International Sales Leadership Business Development Strategic Contract Negotiations Customer Relations Product Development Workforce Development Electrical Engineering Project Management Account Retention & Growth Technical Sales Cost Control P ROFESSIONAL E XPERIENCE MEDIA CHOICES – Fort Worth, Texas 2010 to Present Startup media company targeting small to medium-sized organizations. VP OF BUSINESS DEVELOPMENT Charged with establishing strategic partners and sales channels to penetrate and expand target market. Strategic partners span across internet, television, radio, and print industries. Instrumental in steering company direction and driving longterm growth by partnering directly with company COO to shape sales plan and strategy. Foster long-standing customer and supplier relationships. Co-authored Business Plan and Sales Plan for Media Choices Tapped into trucking market by authoring two technical articles on new company product for BAE Systems to be published in Truck and Track magazine and Electric & Hybrid Vehicle Technology International. FUNDING PARTNERS – Dallas, Texas 2002 to 2010 Independent, diversified, asset-based, hard money lending company. DIRECTOR OF SALES & MARKETING Hired to establish first sales team for company based on previous success with Advanced Components Sales. Cultivated and motivated outstanding team of 12 sales professionals to drive growth and profitability. Launched 7 satellite sales offices across Texas. Empowered sales force through development and implementation of standardized training and development tools. Spearheaded marketing strategy that resonated with target audiences. Worked in tandem with sales team, holding direct sales responsibility for greater Dallas/Ft. Worth area marketplace. Elevated annual sales from $5M to more than $30M, generating stable backlog of $30M. Top individual sales performer for 6 consecutive years, spurring 25% YOY growth. Propelled Funding Partners to market forefront, positioning company as leading source of private capital in Dallas/Ft. Worth residential real estate market by leading effective marketing, PR, and advertising initiatives. Optimized revenue growth through development and implementation of pricing strategy. MIKE FARRAR Page Two mikefarrar@advancedsales.com 214-208-2852 ADVANCED COMPONENTS SALES – Dallas, Texas 1997 to 2002 Independently owned and operating technical sales representative company serving Texas, Louisiana, Arkansas, and Oklahoma. PRESIDENT & OWNER Launched successful business venture specializing in computer and telecom markets from ground up to sustainable profitability, serving Texas, Louisiana, Arkansas, and Oklahoma. Involved in all aspects of company startup and daily operation, including aggressively prospecting and securing business funding and new business opportunities. Recruited, mentored, and led top-flight sales team which represented 12 manufacturers. Directly won and managed accounts with key customers, including Dell, Compaq, Alcatel, Corning, and Nokia. Catapulted annual residual sales from zero to $16M. Engineered $30M design win at Corning on 5 pin module for telecom weather protection. Embraced challenge of transitioning Corning’s technology from gas tubes to solid state devices at optimal cost. Expertly negotiated $10M design project on Presario power supply with Compaq. Spearheaded redesign of protection technology from zener device to thyristor device at higher price. Landed $5M design effort with Caddox Security to enhance home security panels. Captured $4M in sales by delivering integrated LED bar to reduce assembly cost and inventory for Reltec T1000 Digital Loop Carrier. Led protection technology conversion from gas tubes to solid state devices to optimize performance. R ELEVANT P RIOR E XPERIENCE Progressed through series of Engineering & Sales Leadership Roles with Teccor Electronics. Highlights included: Sales & Product Marketing Manager: Led sales representatives and distribution network to drive account penetration through product development, customization, and innovation. Key player in development, design, marketing, and sale of new product line targeting telecom accounts. Accountable for sales territory comprised of US, Canada, Mexico, and South America. Launched new telecom protection device into marketplace, increasing annual sales from zero to $15M within 2 years. Negotiated $10M design win at ProForm Fitness by innovating motor speed control product against top competitors. Provided product customization to Lights of America’s Engineering Design team, capturing $15M in revenue. Manager, Product Engineering & Applications Support: Worked in tandem with sales force and customers to pinpoint and resolve application issues within the product line. Identified yield trends and device performance in support of manufacturing and management. Composed technical data sheets and defined specifications for new products. Established new device parameters by analyzing new products and publishing data sheets. Bottom-line authority for product catalog content and layout. Improved factory efficiency by revamping test programming practices. Optimized plant operations by working directing with manufacturing, planning, and quality control teams across US and Mexico. E DUCATION & P ROFESSIONAL D EVELOPMENT Bachelor of Science in Electrical Engineering – University of Texas at Arlington Strategic Selling Principles – Xerox Corporate Negotiations Training – Karras