
| | Fast Focus |
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Benefits guy shows he can sell at p-c heavy Brown & Brown.
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Paschke was often brought to first close the benefits deal
before the p-c guys made their move.
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He excels in recruiting and mergers and acquisitions.
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Operating on the Margins
Mike Paschke benefits from
cultivating the ethos of benefits in a p-c world.
By
Leslie Werstein Hann
[Page 2 of 6]
A Cleveland native, Paschke was the only freshman to play on
the varsity basketball team at Baldwin-Wallace College, a small
liberal arts school in the Ohio Athletic Conference. But he
left in November 1979, early in his junior year. A new coach
arrived during his sophomore year, and (surprise, surprise) the
original B-W players weren’t seeing much playing time.
The new coach brought his own crop of players.
“I saw the writing on the wall and I said,
‘I’m not going to sit around and let things happen
to me,’” Paschke recalls. “I’m going to
go take charge of my life.”
With $400 in his pocket, Paschke followed the sun and his
eldest brother to Tempe, Ariz. Dan Paschke, one of the top high
school football players in Ohio, had played on Hall of Fame
Coach Frank Kush’s legendary Arizona State University
teams in the mid-1970s.
While Mike Paschke’s college basketball career ended
with the move to Arizona, he continued to play in competitive
hoops leagues around town with the guy who eventually drew him
into the insurance business.
“My brother met Mike at a gym and played in a pickup
game with him,” recalls Dick Langhough, who was then a
student at ASU. “He told me we have to get this guy on
our team. He’s 6’5” and he can shoot.”
Langhough figures that in the years since, they’ve played
together on 15 teams in Tempe, Phoenix and Scottsdale.
Paschke also competed in triathlons, those maniacal feats of
swim-bike-run endurance. “My buddies and I were doing
triathlons out of college because we missed playing college
sports, and we were looking for that butterfly in the
stomach,” he says.
Connecting the Dots
If Paschke couldn’t sit on the bench at
Baldwin-Wallace, neither could he sit out a business
opportunity that grew out of his obsession with competitive
sports. So when the entrepreneurial bug bit six months after he
arrived in Tempe, Paschke’s plans to finish his degree at
ASU fell by the wayside.
The opportunity was too good to resist. While bartending,
Paschke met Kevin Blackwell, who today is CEO of Kahala Corp.,
a billion dollar franchising business that includes brands like
Cold Stone Creamery and Blimpie. Back then, Blackwell was a
surfer and triathlete who was mixing up high-energy juice
concoctions. They competed intensely against each other in
sports and worked together to build a business. Juice bars
seemed a must-win business during the growing craze in which
health clubs were becoming the 1980s version of singles
bars.
“We put concessions inside these facilities for no
rent because what we were doing, really, was giving the owner
more value-added and selling more memberships,” Paschke
says. “We were thinking this is a pretty good life
because we’d work out all day, do our thing and run our
little juice bars. It was great.”
Well, it was great until the
health club chain went bankrupt five years later.
“We go to work one day and there’s tape around
the building,” Paschke says. “We have equipment in
there that we owe money on. It was the perfect entrepreneurial
training.”
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