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Small Business Development Center director retiring

Posted: Wednesday, Jan 30th, 2013


The transition to a new Small Business Development Center (SBDC) director is underway at the Oregon Coast Community College.  New director, Dave Price (right) discusses operational details with soon-to-be retired director, Guy Faust. Faust has served the college and Lincoln County for the last 18 years and retires this week. (Courtesy photo)


After almost 18 years of helming the Oregon Coast Community College’s Small Business Development Center, Guy Faust retires this week.

“It’s time for me to get out of the way,” he says, reflecting on the accelerating pace of business technology.



Technology changing

When Faust, 65, became director of the Small Business Development Center on July 3, 1995, the World Wide Web was in its infancy. Unless they were technically adept, the relatively few Americans with home computers mainly accessed the Internet through the American Online (AOL) portal. Amazon and eBay were just getting started. Cellphones were a status symbol, and photos were still shot on actual film.

Faust brought a background in adult education and 15 years experience running three businesses to the SBDC director position. He was a one-third owner in a company selling a patented modular dog kennel design to animal shelters.

“The first three years all I did was put money and a lot of time into the business,” he said. “Our average order was $50,000 and we were grossing a million dollars when I left that business.”

“If I knew then what I know about how to pencil out an idea, we’d probably have never done it,” he added with a laugh.

For the complete article see the 01-30-2013 issue.

Click here to purchase an electronic version of the 01-30-2013 paper.


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