Jerry Jendusa, co-founder of new Wauwatosa-based venture STUCK LLC, is no stranger to running a business.
He and James Harasha co-founded New Berlin-based EMTEQ in 1996. Together, they grew the aviation products company to seven worldwide locations before selling it to B/E Aerospace in 2014. The deal, coupled with the sale of another firm, brought in $470 million.
Today, Jendusa, Harasha and a development executive from EMTEQ, Paul Schulls, have founded STUCK in order to provide entrepreneurial advisory services and early stage investment, as well as give back to the community, with an emphasis on child advocacy and entrepreneurialism.
“Our goal is to help others be successful,” Jendusa said. “We no longer want our story of success to be a mystery. We can teach people in a manner that shows them the things we did right, and perhaps more importantly, some of the mistakes we made along the way.”
The higher purpose of the new venture is to help the region grow and give back to the community, he said.
“If we can help businesses grow, we can help create jobs and help make the economy in our local communities better,” he said.
The company name comes from the idea that even successful companies get stuck.
“They are really successful, but they are in a current state, and they want to grow,” he said. “Our goal is to provide them with the insights, advice and tools that allow them to fulfill their growth aspirations.”
STUCK is working with several companies in the service and manufacturing industries. They range in size from $2.5 million to $50 million in annual revenues, but the only criterion is the desire to grow, Jendusa said.
“My passion is helping others,” Jendusa said. “There are people out there that are so smart that just need that little push, so if we can help in that regard, we will.”