How a High School Dropout Build A Business That Saves Companies Millions By Analyzing Their Spending

Dan Schneider, 35, is founder and CEO of SIB Cost Reduction, a Charleston, SC-based firm with 75 employees who help businesses cut expenditures on everything from garbage collection to telecom bills. Companies pay no up-front fee for Schneider’s services. They split any cost-savings he finds by roughly 50/50. Most of his clients have revenues of $200 million and up. They include Hyatt Hotels, senior residence provider Genesis Health Care and Pep Boys auto parts stores. In this condensed and edited interview, Schneider describes how he went from dyslexic high school dropout to cell phone sales mogul to taking two years off to kite surf and travel around the world before building SIB from the ground up.

Read Susan Adams full interview with Schneider on Forbes.