Marc Bingham- The Man Behind The Nine Figure Phone Book Company Ft Steve Maddox
Manage episode 397942137 series 3526991
Marc Bingham, a pioneering entrepreneur in the field of telephone directory publishing, has made a notable impact in the industry by identifying and successfully exploiting a unique market niche. Launching his first phone directory in 1971 in Carbon County as a young government employee, Marc recognized an untapped opportunity to offer comprehensive directories at more affordable rates than those of traditional phone companies. This innovative approach proved successful, leading to the growth of his venture, Phone Directories Co., which eventually published directories in over 200 locations including several Canadian provinces.
A key to Marc's success has been his adoption of the Jaycees organization's principles, which emphasize a balanced approach to life — financially, mentally, physically, socially, and spiritually. These principles not only shaped his business philosophy but also guided his commitment to community service.
In 2007, Marc made a significant shift by selling Phone Directories and investing his profits into Blue Diamond Capital, a company based in Orem. Blue Diamond has since fostered the growth of various businesses across retail, hospitality, land development, and aviation in four states. Beyond his business endeavors, Marc is also known for his philanthropy, particularly his substantial contributions to Utah's public universities, supporting diverse projects like an Entrepreneurship and Energy Research Center, a botanical garden museum, and a new track, reflecting his commitment to giving back to the community and supporting educational initiatives.
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