Govcon Giants

225: Demystifying Surety Bonds: Essential Advice for Entrepreneurs with Peter Gibbs


Listen Later

In today’s episode, we have a special guest returning to the show—Peter Gibbs, President and CEO of Foundation, Surety, and Insurance Solutions. Since his last appearance, Peter's company has achieved groundbreaking status as the only African American-owned surety agency with a national license in all 50 states.

Today, he shares the latest advancements at Foundation Surety and Insurance Solutions that can help small businesses better understand and navigate the often intimidating world of surety bonds. With industry experts like his wife, Nakia, a former F-35 fighter jet program worker, joining his team, Peter's insights are richer than ever.

Peter and I discuss the evolution of his team and how strategic hiring can dramatically improve business operations and financial health. You'll discover essential steps to building a trustworthy reputation in federal contracting, learn about the critical importance of financial integrity, and get straightforward advice on how to handle business growth responsibly. For those who missed Peter’s first episode, he has an extensive background with the SBA, where he led their bonding program. His experience there, which included maintaining an extremely low default rate on bonds, provides him with a unique perspective that he now brings to the private sector to help people like you and me.

This conversation is packed with practical steps for small businesses to protect themselves from unscrupulous characters in the industry and make informed decisions that can help grow, sustain, and build their business. Whether you're just starting out or looking to expand, understanding bonding can transform your approach to business growth in the competitive world of federal contracting.

So, tune in to this episode to gain valuable lessons and actionable tips from Peter Gibbs. Let’s learn how to make decisions that best help grow, sustain, and build our businesses. Thank you for listening, and please join me in welcoming Peter Gibbs, our next giant, to the stage.

Linkedin: https://www.linkedin.com/in/peter-gibbs-0a9a9a31 

Company Linkedin: https://www.linkedin.com/company/foundation-surety/ 

Website: https://foundationsurety.com/ 

Facebook: https://www.facebook.com/FoundationSurety 

Email: [email protected]

Contact: 240-835-0865

 

...more
View all episodesView all episodes
Download on the App Store

Govcon GiantsBy Eric Coffie

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

101 ratings


More shows like Govcon Giants

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,805 Listeners

The Cardone Zone by Grant Cardone

The Cardone Zone

3,913 Listeners

The Secret To Success with CJ, Karl, Jemal & Eric Thomas by The Resonance Network

The Secret To Success with CJ, Karl, Jemal & Eric Thomas

6,405 Listeners

Game Changers for Government Contractors by RSM Federal

Game Changers for Government Contractors

59 Listeners

THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

THE ED MYLETT SHOW

14,066 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,328 Listeners

Millionaire Mindsets by Xavier Miller

Millionaire Mindsets

1,451 Listeners

Earn Your Leisure by EYL Network

Earn Your Leisure

7,803 Listeners

My First Million by Hubspot Media

My First Million

2,620 Listeners

Market Mondays by EYL Network

Market Mondays

4,003 Listeners

Acquisitions Anonymous - #1 for business buying, selling and operating by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley

Acquisitions Anonymous - #1 for business buying, selling and operating

243 Listeners

Winning Government Contracts by Rick Porterfield

Winning Government Contracts

37 Listeners

Huberman Lab by Scicomm Media

Huberman Lab

28,268 Listeners

GovClose | Start Winning Government Contracts by Richard C. Howard

GovClose | Start Winning Government Contracts

93 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

20,527 Listeners