ABOUT US

631 Success LLC was formed specifically to assist companies achieve their scaling and growth plans.


Jud Goldsmith

Jud Goldsmith is the Co/Founder of 631 Success LLC. 631 Success is a unique boutique consulting firm that specializes in helping companies gain traction to scale and grow. 631 provides assistance in obtaining financing and works alongside the clients providing back office, administrative, organizational development, logistics and operational support. We are operating people who like to make money.

For over 25 years, Jud Goldsmith has worked as a CFO for middle market private and public companies. Most recently, Jud served as CFO of Clean Fund LLC, a finance company providing PACE financing. Earlier, Jud co-founded a startup that identifies opportunities to increase operating efficiency. The SaaS system calculates the cost and contribution of work teams anywhere in a company, mapping where profits are made and which departments are not contributing. Previously, Goldsmith was the finance member of the team of three who purchased an SaaS company focused on automating enrollment and record keeping of employer benefit records. The company was successfully sold.

Goldsmith served as CFO and then COO of Hybrid Networks, Inc. (Nasdaq HYBR), a manufacturer and supplier of a wireless broadband alternative to DSL and cable. During his tenure as COO, the $100 million annual run-rate company's market cap increased from $65,000 to $750 million. Goldsmith’s finance roles and duties included SEC reporting, Corporate Secretary, raising capital, budgeting and operations review, developing strategic alliances and interface with Board of Directors. Other duties included supervising IR, HR and IT. Accomplishments included moving to profitability as the company grew. Product margins increased to over 50%. A price increase of 72% was negotiated for a volume product. As revenue grew, Goldsmith managed operating margins by matching expenses to current revenue and concentrating on both near-term and long-term opportunities. The company sold $50 million in equipment and services to Sprint. A total of $26 million was raised in two equity financings. Green experience includes work in recycling in the paper and printing industry, the urban forest and emissions control in the auto industry.

Other experience includes relocating and operating a production facility, moved from Northern California to Tianjin, People’s Republic of China.

Previously, Goldsmith served as CFO of Dolby Laboratories, Inc., responsible for all support activities as the audio industry leader moved from London to San Francisco with U.S. employees growing from 14 to 80. Other assignments included establishing a separate licensing subsidiary to avoid ruinous tax exposure and completion of the company’s first international IRS audit with no material adjustments. Goldsmith’s other employment includes Onyx Systems, Inc., Marcona Corporation, Fibreboard Corporation, Arcata National Corporation and Boise Cascade Corporation.

Goldsmith received an M.B.A. from the University of Washington and a B.A. in Economics from Dartmouth College. Affiliations include memberships in the Association for Corporate Growth and Financial Executives International, in both cases serving as a Chapter Director.

John Bowman

John is the Co/Founder of 631 Success LLC. John is a finance and operations professional with over twenty years of senior executive (CFO, COO, President) and management consulting experience with publicly traded and private software, high technology, and manufacturing companies. John has been recognized in financial publications as a “business doctor” due to his ability to turn around ailing businesses and improve profitability.

His multi-discipline management experience includes systems, sales, production, legal, and international business, with significant experience in mergers, acquisitions, and financial restructuring. John has most recently engaged with the management consulting firm Hickey & Hill advising financially and operationally challenged companies. Prior experience includes President and CEO, River Ranch Fresh Foods, President Border Foods, COO and CFO of Centura Software (Gupta), President of Country Club Foods, CFO for Spreckles Sugar, Controller for Memorex Corporation (a Unisys division) and various other financial management positions with Unisys Corp. In addition, John has been on the Board of Directors of a two software companies and Vice-Chairman of a federally chartered financial institution.

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