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Richard Hayman Discusses Cash Flow

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Total Case Duration :

  • Date Added : 09-03-00
  • Clip Duration : 1 min. 58 sec.

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Richard Hayman

  • CEO and Vice-President of Sales and Marketing, Hayman Systems and Services
  • male
  • Caucasian
  • 1947 (Age: 77 years old)
  • Richard Hayman - Interview - Hayman Systems and Services
  • Video 1 of 44 in this Case
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Biography

Richard Hayman was President and Co-Owner of Hayman Systems before it was acquired by MICROS Systems, Inc. in December 1999. Hayman Systems was founded as a cash register company in 1938 by Stanley Hayman but under Richard Hayman's leadership, grew to become a value-added reseller and systems integrator of point-of-sale systems to the hospitality and retail industries. Richard Hayman received his undergraduate degree from Cornell University in 1967.

The first thing to understand is that as a business grows you need more cash. There's only two, three places to go. 1) Yourself, 2) The Banks, 3) your customers and if you have to look at those three, the best place to go to finance your business is your customers. If you look at our balance she...(Full transcript available to logged in subscribers.).

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Richard Hayman videos

Video 1 of 44 Richard Hayman Discusses Succession Issues within the Company
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 3 min. 11 sec.
Video 2 of 44 Richard Hayman Discusses Value of Hayman Systems
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 22 sec.
Video 3 of 44 Richard Hayman Discusses Dealing with Recessions and Considering Sale of Company
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 3 min. 36 sec.
Video 4 of 44 Richard Hayman Discusses Decision To Go Into Business with Father
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 14 sec.
Video 5 of 44 Richard Hayman Provides Overview of Hayman Systems
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 0 min. 23 sec.
Video 6 of 44 Richard Hayman Discusses Adding Value to the Customer's Experience
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 2 min. 17 sec.
Video 7 of 44 Richard Hayman Discusses Having Father as Boss
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 55 sec.
Video 8 of 44 Richard Hayman Evaluates Competitor's Customer Service
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 8 sec.
Video 9 of 44 Richard Hayman Discusses Buying Existing Company versus Starting From Scratch
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 2 min. 53 sec.
Video 10 of 44 Richard Hayman Discusses Public Versus Private Companies
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 0 min. 44 sec.
Video 11 of 44 Richard Hayman Discusses Terminations
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 0 min. 47 sec.
Video 12 of 44 Richard Hayman Discusses Selling Customers on Change in Technology
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 41 sec.
Video 13 of 44 Richard Hayman Discusses Handling Negotiations
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 4 min. 55 sec.
Video 14 of 44 Richard Hayman Discusses Market Positioning
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 2 min. 46 sec.
Video 15 of 44 Richard Hayman States Doubtfulness in Starting Another Company
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 0 min. 28 sec.
Video 16 of 44 Richard Hayman Discusses Hiring Management
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 38 sec.
Video 17 of 44 Richard Hayman Discusses Employee Motivation and Involvement
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 2 min. 36 sec.
Video 18 of 44 Richard Hayman Discusses Evolution of Company's Name
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 35 sec.
Video 19 of 44 Richard Hayman Discusses Revolution in the Cash Register Industry
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 43 sec.
Video 20 of 44 Richard Hayman Discusses Details and Forecasting in the Business Plan
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 2 min. 15 sec.
Video 21 of 44 Richard Hayman Discusses Hayman Systems' Use of the Internet
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 0 min. 54 sec.
Video 22 of 44 Richard Hayman Describes Entrepreneurship in an Older Company
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 4 min. 2 sec.
Video 23 of 44 Richard Hayman Discusses Lessons Learned and Assigning Roles within the Business
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 3 min. 10 sec.
Video 24 of 44 Richard Hayman Shares Thoughts on Fair and Equal Partnerships
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 2 min. 23 sec.
Video 25 of 44 Richard Hayman Shares Philosophy on Hiring
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 18 sec.
Video 26 of 44 Richard Hayman Shares Thoughts on Customer Service
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 41 sec.
Video 27 of 44 Richard Hayman Discusses Early Roots Of Cash Register Business
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 3 sec.
Video 28 of 44 Richard Hayman Discusses Relationship with Brother/Partner
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 9 sec.
Video 29 of 44 Richard Hayman Discusses Turning Tax Change Headache Into Free Publicity
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 24 sec.
Video 30 of 44 Richard Hayman Discusses Recognition, Awards and PR
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 3 min. 30 sec.
Video 31 of 44 Richard Hayman Negotiates Purchase of Building
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 7 sec.
Video 32 of 44 Richard Hayman Discusses Professional Confrontation with Father as Boss
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 16 sec.
Video 33 of 44 Richard Hayman Discusses Cash Flow
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 58 sec.
Video 34 of 44 Richard Hayman Discusses Hiring Practices
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 0 min. 34 sec.
Video 35 of 44 Richard Hayman Discusses Migration From Product-Centered to Service-Centered Business
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 1 min. 7 sec.
Video 36 of 44 Richard Hayman Discusses Hiring Family Members
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 2 min. 10 sec.
Video 37 of 44 Richard Hayman States Typos in Business Plans are Inexcusable
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 0 min. 36 sec.
Video 38 of 44 Richard Hayman Discusses Strategy Through Recession
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 2 min. 41 sec.
Video 39 of 44 Richard Hayman Discusses Surprises Over Employee Behavior
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 0 min. 59 sec.
Video 40 of 44 Richard Hayman Discusses Method of Hiring New Employees
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 0 min. 44 sec.
Video 41 of 44 Richard Hayman Discusses Decision to Bring On Non-Family Equity Partner in the Business
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 3 min. 24 sec.
Video 42 of 44 Richard Hayman Discusses E-Commerce
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 2 min. 10 sec.
Video 43 of 44 Richard Hayman Takes Comfort in Honesty and Integrity
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 0 min. 24 sec.
Video 44 of 44 Richard Hayman Discusses Employees and Financing in a Family Business
  • Richard Hayman - Interview - Hayman Systems and Services
  • 09-03-00
  • Richard Hayman
  • 5 min. 6 sec.

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