Hawaii Business Magazine - March 2015

Lots in Common

Daniel B.T. Lau, co-founder of Finance Factors, was born in 1919, the year the treaty officially ending World War I was signed, and Congress approved Constitutional amendments that created Prohibition and gave the vote to women. Stephen Haugse, the owner…

How Does Hawaii’s 529 Plan Rate?

HI529, Hawaii’s College Savings Program, now boasts assets of $67 million and some 4,260 participants – an average of about $16,000 per investor set aside for a keiki’s education. National analysts give Hawaii’s program good marks on the investment returns…

Don’t Let Social Media Control Your Company

Jason Cohen, marketing manager for the Kona-based Hawaii Forest & Trail tour company, checks user-review sites such as Yelp and TripAdvisor whenever he is notified of a new review. He also monitors the company’s Facebook page daily for comments. If…

The Flavors of Wine

Thursday, 12:13 p.m. Oeno Winemaking, Kailua Co-owner Bryon Crowther draws wine for a taste test. Oeno makes more than 150 wines from a variety of international vineyards. The winemaking process takes four to…

Moving Ads

Honolulu drivers spend an average of 60 hours a year sitting in traffic, according to the annual INRIX Traffic Scorecard. That’s a challenge for your patience but a great opportunity for vehicle ads, says Kia Kamauu, VP for ROI Printing.…

Hawaii's Growing Inequality

Income inequality led the agenda at the 2015 World Economic Forum in Davos and has sparked spirited debate in Washington, D.C., and across America, where the gap between the nation’s richest citizens and everyone else has been growing for four…

Salvaging the Ferry

It’s been six years since the Alakai sailed out of Honolulu Harbor for the last time, yet somehow the Hawaii Superferry won’t go away. It haunted the 2014 campaign like the ghost of elections past. In June, an unscientific online…

Bounce, Jump, Soar

If you want to put bounce in your workouts, check out iTrampoline in Kapolei. With over 14,000 square feet in its trampoline space, iTrampoline gives kids of all ages the chance to jump, flip, do corkscrews and literally bounce off…

Getting a Tow, Uber-style

Founder: Tow Choice founder Dave Kozuki is surprised to be a towing entrepreneur, as his background is in tech sales and marketing in Silicon Valley. But he was sold after seeing the demo product use a smartphone to arrange a…

Teas That Make You Want to Hula

Malia Haumschild – like the teas she creates – is steeped in hula and Hawaiian culture. “From the age of 11, I danced hula at the then-Maui Prince Hotel in Makena three nights a week, for about 11 years,” remembers…

Facing Future

“There was always something else. When pineapple closed, the resorts were there. When the ranch closed, Monsanto was still there. There was always an answer. We don’t have the answer now.” —Kimberly Mikami Svetin, Store owner To some people, Monsanto…

Islands Don’t Always Control Their Destinies

Molokai and the battle over GMOs remind me of another island whose people struggled to control their destiny against outsiders. Newfoundland is the poorest of the Canadian provinces, much like Molokai is the poorest of the main Hawaiian Islands. The…

Managing the Flood

In a world in which too much information can be as dangerous as not enough, Contix offers a solution. The app sifts through millions of social-media posts about events – such as when a celebrity promotes a company or brand…

20 for the Next 20: 2015

Each year, Hawaii Business selects 20 emerging leaders who have already made major contributions to Hawaii and whom we expect to have an even greater impact over the next two decades. Let us introduce you to Hawaii’s People to Watch,…

Talk Story with Paul Yokota

President of FCH Enterprises, owner of Zippy’s restaurants Brothers Francis and Charlie Higa made a wise choice in 1966, when they opened a drive-in restaurant called Zippy’s on South King Street instead of a car wash, and launched one of…

For Starters

Pow! Wow! Hawaii 60 walls 100 artists (50 local, 50 national and international) 4,500 spray paint cans Corruption Ratings One of our favorite websites, fivethirtyeight.com, recently ranked the pervasiveness of corruption in each state, with first being worst and 50th…

Making Models (and you) Look Great

Name: Therese Wahl Job: Wardrobe Stylist Experience: 25 years What is styling?   Stylists are usually part of a team – including models, photographers, hair stylists and makeup artists – that creates an image for a magazine, catalog, TV commercial,…

Ask the Expert: Valuing Your Business

Herb Wheatman ASA, CPA/ABV, CBA VP and Manager, Business Interests & Valuation Bank of Hawaii boh.com Question: “I own a small business, which I’m thinking of selling. How do I find out how much it is worth? Answer: Your business…

Engineer Helps Youth Learn and Grow

Robert Nichols spends his workdays focused on modernizing the interisland terminal at Honolulu International Airport as program manager for Parsons Corp. On many Saturdays, the engineer’s focus shifts to the Boys & Girls Club of Hawaii’s Youth of the Year…

Audacious Beginnings for Hawaii Business

It was 1955. The FDA approved the Salk polio vaccine and Rosa Parks refused to give up her seat on a Montgomery bus. The Brooklyn Dodgers won the World Series for the first time and Disneyland opened. Jimmy Stewart and…