Friday, April 18, 2014


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Capital Region

Capital Region Business Beat: Mahoney Performance Institute

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Albany/HV: Capital Region Business Beat: Mahoney Performance Institute
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In this week's edition of the Capital Region Business Beat, YNN's Jon Dougherty introduces us to a man who moved back to Upstate New York to start his own business aimed at helping other businesses succeed.

CAPITAL REGION -- Shaun Mahoney, CEO and Founder of the Mahoney Performance Institute and Mark Eagan, the President and CEO of the Albany-Colonie Regional Chamber held a strategy session recently at Mahoney's Menands office.

The Chamber, which represents up to 2,400 businesses in the Capital Region, is just one of many clients of the Mahoney Performance Institute.

"We're helping CEOs grow their business by focusing on strategy development and leadership development," Mahoney said.

Mahoney grew up in East Greenbush and attended Columbia High School. He graduated Fordham University and has worked in New York City for big companies like J.P. Morgan Chase and Equifax.

"Although I enjoyed the deal business, I realized there was something missing and really what it was, was leading and motivating people," said Mahoney.

His journey would lead him back home, where he became the CEO of NextRidge, a business management company.

Mahoney is currently NextRidge's Chairman and focuses on his new company which helps local businesses and organizations, like the Albany-Colonie Regional Chamber.

"We would love to help drive the region, we want to be able to help drive businesses within the region so they can accomplish the things they want to accomplish, and we also want to be able to work with individuals so they can accomplish their goals," Mahoney said.

Eagan said the Chamber went to the Mahoney Performance Institute for help because it's always looking to spur growth in the Capital Region. Eagan said the Chamber hoped through the strategy sessions came more businesses and visitors.

"It's not a for-profit company. Our motive isn't for individuals, it's the bigger goal for the region," Eagan said.

Mahoney is invested in the region which he said is only going to grow economically as the "Tech Valley" expands.

"What I've seen over the last few years is a lot more companies working together, a lot more CEOs working together. I think that bodes well for our region," Mahoney said.

Capital Region Business Beat

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