Nick Romano, the President of New England Technology Inc. (NETi) has an exemplifying history and a rich work experience in the wholesale & retail industry. With unparalleled skills in negotiation, sales, and extensive market research, Nick brings massive value to the organization and its customers. He leads the organization from the front and serves as an example for others to look up to and be inspired by. Under his leadership, NETi has achieved some major business breakthroughs and today stands as the most competitively priced distributor for name brand consumer electronics in the industry.
Driven by Nick’s realistic leadership, NETi offers several innovative distribution models designed to perfectly suit retailer requirements and programs. With its focus mainly on price-driven success it offers specialized solutions in e-commerce, Business to Business, and Business to Consumer marketplaces. It has offices in Massachusetts, New Hampshire, New York, New Jersey, and Florida and is powered by a team committed to serve customers of all sizes. Known for quality products, competitive pricing, and its innate ability to act quickly, NETi caters the wholesale markets for excess inventories, closeouts, and opportunity buying. It is not only an existing supplier at almost all major brick-and-mortar retail stores in the US but also casinos, corporate promotions, and giveaway-type platforms. Unique in many ways, NETi shares an amazing relationship with its retailer customers as it also manages full retail strategy for select brands from end to end.
Below Nick shared some key insights about his leadership style and why he thinks the best defense is a good offense.
Aspioneer (A): How long do you stick with an idea before giving up?
Nick (N): “I’m a planner- I like to prepare before putting time into an idea. Most ideas that pass the first days or so of due diligence will be a long-term effort. I guess I have a threshold for this question- I will work on an idea for a few days- if it pans out, I will likely work on that idea for minimum 1.5 years or until it becomes self-sustainable.”
(A): How do you stay productive?
(N): “Staying productive is a funny thing for me. Although it sounds counterintuitive, I stay productive by taking breaks. If I feel bogged down or slow, I walk away. Taking breaks keeps me energized and stay fresh on projects. Hence, we give all our employees nearly full autonomy for breaks, vacation time, work schedules, etc. I’ve seen multiple studies showing the average employee is only “productive” for three hours per day. If we take 2 or 3 breaks to refresh during the “workday” I find these productivity hours to be significantly higher.”