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David Tessler
Entrepreneur & Investor
Professional Background
David Tessler is a prominent figure in the entrepreneurial landscape with an impressive career spanning over 20 years. Known as a serial entrepreneur, David has a wealth of experience in building and scaling businesses across various industries. Presently, he serves as the Vice President & Co-Owner of Rain Marketing Inc., where he leverages his expertise to oversee day-to-day financial operations. Under his leadership, Rain Marketing has achieved remarkable success, boasting over a quarter billion in sales. This milestone is a testament to David's strategic vision and operational prowess.
In addition to his role at Rain Marketing, David is the managing partner at Recraft, a boutique real estate development firm. Recraft focuses on revitalizing the New Center area in Detroit, an up-and-coming region characterized by its rich history and potential for growth. David’s initiatives in real estate reflect his commitment to not only enhancing business opportunities but also contributing to community development.
Entrepreneurial Ventures
David's entrepreneurial journey includes co-founding Jabs Gym & Jabs Gym Eastern Market, innovative fitness facilities that uniquely merge elements of boxing and yoga. This combination provides a holistic fitness approach that appeals to a diverse clientele and encourages individuals to pursue their health and wellness goals. Through these gyms, David has made a significant impact on the local community by promoting healthy lifestyles and fostering a supportive fitness environment.
Additionally, as a successful angel investor, David has been involved in numerous investment ventures that have yielded multiple exits, showcasing his acumen in identifying promising startups and guiding them toward success. His extensive experience in alternative financing and crowdfunding further enhances his skill set, allowing him to provide startups with the financial backing and mentorship necessary to thrive in competitive markets.
Education and Achievements
David Tessler's educational background has laid a solid foundation for his business achievements. While specific details about his academic history are not provided, it is evident that his practical experience and hands-on approach have been integral to his success. David’s continuous pursuit of knowledge and innovation in business practices reflects his dedication to personal and professional growth.
One of David's notable achievements is his ability to raise tens of millions of dollars in private and bank financing. This capacity not only underscores his financial acumen but also highlights the trust and confidence that investors place in his vision and capabilities. David's entrepreneurial ventures have not only brought him success but have also contributed to the economic landscape of Detroit and beyond.
Leadership Roles
In addition to his business ventures, David holds a leadership position as the CEO and Co-founder at Michigan Funders. This organization plays a pivotal role in providing funding solutions to various businesses, fostering growth and innovation within the Michigan entrepreneurial ecosystem. Through Michigan Funders, David continues to leverage his expertise to empower fellow entrepreneurs and support the development of new business ideas.
Community Engagement and Personal Life
Beyond his professional endeavors, David Tessler is a proud father of two, emphasizing the importance of family in his life. His commitment to family values resonates with his approach to business, where he prioritizes community and relationship-building. David's active involvement in the local community, combined with his entrepreneurial spirit, positions him as a respected leader and mentor for aspiring entrepreneurs.
In summary, David Tessler's extensive background as a serial entrepreneur, angel investor, and community supporter paints the picture of an individual committed to excellence in every facet of his life. His work spans various industries, with a significant focus on marketing, real estate, and fitness, demonstrating a versatile and adaptive approach to entrepreneurship. David’s achievements not only reflect his personal dedication but also indicate his potential to inspire and pave the way for future entrepreneurs looking to make their mark.
Achievements:
- Raised over tens of millions in private and bank financing.
- Generated over a quarter billion in sales at Rain Marketing Inc.
- Co-founded and led successful fitness facilities, Jabs Gym & Jabs Gym Eastern Market.
- Managed Recraft, a boutique real estate development firm focused on revitalizing Detroit’s New Center area.
- Achieved multiple exits as a successful angel investor, demonstrating a strong understanding of market dynamics and investment strategies.