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Mentors' Glory by David E. Plante with Lorraine M. Plante
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Posted on Jun 28, 2014

I have learned over the years that passion is critical in life. I know that without passion very few meaningful things would have been accomplished in my life. Some people don’t call it passion. They might call it tenacity or strong willed or something without all of the emotion, but I believe it took all of my emotions to overcome obstacles and reach the finish line many times.

There are passionate people and then there are those who are not. One is no better than the other. They are just different. I’m not sure a family can survive two passionate spouses. I have the feeling that is what newspaper stories are made of, but I can’t prove it.

Passion can be detrimental when not controlled. As a child, I remember a discussion in our house about a desk. One parent remembered that it was purchased for one of the children. The other parent remembered that it was purchased for the family. As the heated discussion rose, it was made clear by the more passionate parent that if it was purchased for one of the children it was going to be cut up with a splitting ax and used as firewood. That cooled the discussion, but I’ve never forgotten it.

The desk survived, but the marriage didn’t. I often think of that event and try to remember to never replicate that type of heat when my wife and I disagree. If I get that passionate, I always apologize quickly, not wanting any scar tissue to form. We have been married for 53 years, but I still take nothing for granted.

Sometimes bad things happen for good reasons. God allows them to happen, and He specifically uses them to discipline His children so that they may learn. I think my folk’s desk disagreement was one of those events, for remembering it prevents me from losing it with my love, and for that I am truly thankful.

Posted on May 10, 2014

Captured

So many times I felt captured by the enemy. The first time I recall was when I was in grammar school. A buddy and I were enjoying the school swings and slide and talking about guy stuff. The play area was covered with gravel, and some of the rocks were big enough to toss. My buddy said, “I’ll pay you 50 cents for every window you break.”

“Are you serious?” I asked.

“I’m serious!” he responded.

Six broken windows later, I opened my hand ready to collect my three bucks. “I’ll pay you later,” was his response.

He never did pay me. I had to work hard to pay for the repair of the windows, and my reputation was tarnished for a while.

The second time I recall was when I was a teenager. A friend and I were standing on the edge of a sandpit and looking down at a pickup truck parked in the pit. A couple appeared to be making out, so we found a large rock, which was too heavy for him to lift. So I picked it up and threw it over the edge and into the center of the truck bed. It landed with an enormous thud. The truck bounced, and the passengers scurried around to straighten themselves up before they raced off.

The third time I recall was when I was riding in the back of a beautiful Chevrolet convertible with my buddies on our way to Sanford, Maine. I didn’t drink, but they had finished a large bottle of beer and handed it to me to toss. I stood up, and as we approached a large sign near the road, I tossed the bottle just in time to hit the sign. The broken glass flew back into the car, endangering everyone, particularly their eyes.

I was captured by the devil in any form you want to describe him. I had known the Lord since I was ten and knew that He and the devil couldn’t occupy my heart at the same time. My grandfather described it this way: “One boy is a man, two boys are half a man and three boys are no man at all.”

After we cleaned the car and ourselves of the broken glass, I told the guys I was done chumming with them. I explained it wasn’t their fault; it was my inability to do anything right in their unsupervised presence. They laughed, but it was over.

I’m a lot older now, and after having spent time closer to God I realize that all good things come from Him, including thoughtfulness, prudence and good judgment. Some of His wisdom arrived at my door over time when I was open to listening to Him. And to listen to Him, I had to be alone. That was just another way of saying what my grandfather had said.

We each need to spend time with God. He wants only good things for us, and I have learned to want His blessings above all else. I’m not saying I don’t do stupid things anymore, but I can say I have learned to talk to Him before I try to accomplish anything meaningful, and it has kept me out of trouble.

Posted on Mar 12, 2014

David E. Plante

10804 Trophy Drive 

Englewood, Florida 34223

941-697-6860

davideplante@verizon.net

Website: www.davideplante.com    

Objective:

To leverage my strengths and help a management team solve business problems. It is what I do well. I have a lot of experience starting, helping grow and significantly improving profitability. I’m excellent with people and believe a driven person with the most alternatives is usually very successful.

 Attributes:         

Successful, experienced business manager

          Proven turn-around specialist

          Innovative business builder and cost-reduction expert

          Mature, believable, high energy and a quick study

Accomplishments:

          Wrote twenty-three books, published five. Book six in process.

          Blogs. Facebook and Twitter links are at www.davideplante.com.

Materially improved the profitability of Upland Mortgage’s thirteen- branch mortgage origination network.

Reduced delinquency in Fleming Company’s northeast division’s receivables from $23.7 million to $11.9 million in less than five months.

Built and managed a national, niche, near-prime auto finance business for Advanta Corp.  Developed relationships with seventy-nine clients and sourced $406 million in loans.

Restructured a troubled regional sub-prime auto finance company. Reduced credit losses by 33 percent and expenses by 50 percent.

Restructured the largest public sub-prime auto finance company in America. Reduced annualized expenses by $25 million. Introduced analytics that materially reduced the frequency of credit losses. Divested the company of unprofitable businesses.  Repositioned the company in the market.

Reduced credit losses in Citicorp’s $2.6 billion manufactured housing finance business by $46 million. Reduced annualized expenses by $4 million.

Restructured Citicorp’s $1.6 billion retail auto finance business. Reduced its repossession rates from 2.84 percent to 1.89 percent and its credit loss rates from 1.74 percent to .80 percent.

Over a five-year period improved the profitability of a division of ITT’s consumer finance company from a $1.3 million loss to a $5.1 million profit and a return of 19.65 percent. Grew the assets by 279 percent.

During a four-year period at an international credit card company achieved lowest credit loss write offs to sales and smallest inventory of customer complaints compared to the prior eight years.

Introduced innovations in American Postal Corporation that produced the first profitable year for the company.

Managed the introduction of character reading equipment in Mobil Oil’s west coast operating center. Promoted five times in five years.

Education:

Bachelor of Science degree in Business Management. California State Polytechnic University, Pomona, California.

Two-year Certificate in Accounting. New Hampshire College of Accounting and Commerce. Graduated with honors.

Military Service:

Honorable discharge. US Army, SGT E-5.