Story cover for James Paterek is also the CEO of Paterek & Company by jamespaterek
James Paterek is also the CEO of Paterek & Company
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Ongoing, First published May 26, 2022
James L. Paterek was the founder and chairman of COMFORCE Corporation, a large publicly traded staffing, outsourcing, and financial services corporation that employed over 11,000 people at its peak. COMFORCE Corporation was originally traded on ASE as CFS. The Company ran its operations in three distinct business sectors - Human Capital Management Services, Staff Augmentation, and Financial Outsourcing Services - via its network of 76 locations located all over the world. COMFORCE was recognized by SIA as the public sector staffing company with the highest rate of growth for two years in a row when James Paterek was the company's boss. During those two years, COMFORCE increased its net revenue from $12 million to nearly $500 million (bringing its total gross system-wide revenue to $800 million), while also increasing its operating profit from $245,000 to nearly $31 million. Both organic growth year over year and over a dozen strategic acquisitions contributed to the growth that was seen.

Previously, James L. Paterek served as the founder and CEO of a private holding investment firm that bought portfolio firms with combined annual revenues of $500 million. The firm had previously funded $300 million and made acquisitions of these companies.

James Paterek has extensive experience in acquiring, financing, and integrating businesses. He has successfully completed more than twenty-eight acquisitions and raised over $600 million for investment in those companies. In addition to his many years of experience as an executive manager and leader of service-based businesses, he also has extensive experience in these areas. James L. Paterek has previous experience operating public firms in addition to having expertise in the process of acquiring funds in the financial markets.
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Belief-In-Self by Allen Filson is a fantastic account of one man's life experiences from childhood to present day, and how an unswerving self-belief was the catalyst towards triumph. A harsh and abusive childhood led him into the Marines where the training regime was brutal. Throughout his career and life, he faced numerous obstacles that could have broken his spirit and self-confidence. The one message I gained from this awe-inspiring tale was that no matter what adversities you face, there will be a solution. Giving up is never an option and, if you keep the faith in yourself and have the courage to follow your instincts, then success will be achieved. This is also an excellent training manual for managers to learn how to lead by example and build a team that is encouraged to think for themselves and have their own sense of self-belief."