In 1974, while the United States economy was in very poor shape and the world expected it to enter a depression, a young man was studying at the Wharton School of Business. He worked hard and graduated, continuing his education despite the economic perils of the day. He went on to achieve a Masters from the University of Pennsylvania’s Graduate School of Arts and Science. That Masters degree was in Finance and Investments and it proved to be quite an investment for Samuel Foti. He returned home to take part in the family business and give his education a chance to prove its value. Using what he learned, he rose to the position of company president for his fathers metal hose manufacturing operation, Hose Masters, Inc. Before long, by using all the theory he had picked up in school paired with his own astute business acumen, Mr. Foti turned the company into a leader in its field, making his father extremely proud in the process and earning a name for himself, too.
Building upon these early successes in an economy that experts had said was in shambles, he decided to take a run at the insurance industry, getting a position at the Metropolitan Life Insurance Company. He rose up the ranks and before long joined MONY Life Insurance, eager to get in with a company he felt would soon dominate the field of life insurance. It paid off and today Sam Foti is a business man of great renown, using his position to better the lives of others through his involvement with The American College and by acting as a Venture Capitalist for start ups. He has consistently shown wisdom in every day business affairs, but he has also shown the ability to bring a company into greater prosperity by advocating sound hi tech innovations, a legacy for which he is well known.