As an award-winning serial entrepreneur, Paul is most excited about his current business ventures, including Innovative Billboards and actively participating in the McLaren Macomb Hospital Foundation. Paul has started 6 companies and sold 2 at very high multiples over the past 40 years. He has over 40 patents and has sold more than $100 million of products that he’s patented. Paul prides himself on innovation and personal integrity.
Innovative Billboards is a Michigan-based business and has brought together a team of creative and highly experienced engineers to create an innovative, cost-effective, and easy to use billboard system, Billboard in a Box ™ which is patent pending. This technology has weatherproof housing with a non-glare panel that mechanically scrolls up to 12 printed signs that can be easily added or removed as needed.
Billboard in a Box™ mechanically changes messages to compete with LED Billboards however it costs 3 times less than LED billboards and uses ? of the electricity. This new solution produces over 4 times more revenue than a static billboard and has a less than 2 year return on investment compared to a 5+ year return on investment from LED Billboards.
Key Milestones/Production Plans
May 2016 – Presented project plan to potential engineering design firms and investors
December 2017 – First investor acquired
2018 – Raised $250,000 to fund Innovative Billboards
January 2019 – Scrolling Billboard in a Box™ quarter-scale prototype completed
2019 – Raised another $250,000 to fund Innovative Billboards
January 2020 – Completed full-depth and full speed, production motors with a full sign change in 1 second
1st quarter 2020 – Expected to complete full-scale production design
3rd quarter 2020 – Expected production and sales start
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