Who We Are
Ted Dacko, the founder, has over 42 years of experience in executive-level management and leadership, including Sales, Marketing, M&A and the Chief Executive Office, principally in the area of software applications and solutions. As CEO, he has been credited with taking great ideas and turning them into great companies.
Ted was the CEO of HealthMedia® Inc., which he took from a small, near-death company to a $30M annual SaaS business. The company was sold to Johnson & Johnson in 2008 and resulted in an 18 to 1 return on invested capital for Chrysalis Ventures in a six year time frame and a 10 to 1 return on invested capital for Arboretum Ventures which invested a short time later. This was accomplished during the worst economic time in recent history.
Ted built HealthMedia Inc. employing a market disruption approach that utilized concepts from Blue Ocean Strategy, Competitive Strategy, Solution Selling, Ten Faces of Innovation, Positioning – The Battle for your Mind, Bang and Crossing the Chasm. The company was the Company of the Year in Michigan in 2008 and Ted was Entrepreneur of the year in 2008.
Ted has an extensive background with early stage tech companies. Prior to HealthMedia®, Ted served as President and CEO at Centromine, an Internet-based behavioral health firm, headquartered in Ann Arbor, Michigan and Orion Micro Systems, which was based in Waterbury, Connecticut. He was the VP of Sales and Marketing for two other early stage companies that had successful exits. He has also worked in larger organizations including Hyperion Software, Comshare and General Electric and has held a full range of positions across the company including software development, finance, client services, sales, marketing, strategy development, M&A and CEO.
Ted is currently an independent consultant, mentor and board member to tech companies and serves on the board of meQuilibrium, Court Innovations, XLerant, GoNoodle, DNA Software and Possibilities For Change. He is an instructor at the University of Michigan in the Center for Entrepreneurship program. He has authored a series of eBooks titled From Passion To Profit. He has been the keynote speaker at numerous events. Ted holds a Bachelor’s Degree in Mathematics from Waynesburg College in Waynesburg, Pennsylvania, and a Master’s Degree in Mathematics from The College of William and Mary in Williamsburg, Virginia.
Ted credits his mathematics training for teaching him how to think and solve problems strategically.
Ted Dacko in the News
Working through an Ann Arbor SPARK EIR grant, Arbor Dakota helped shopwindow, a SaaS retail company blow out its revenues.
Arbor Dakota customer, Groundspeed Analytics receives series B funding and an outstanding valuation.
Dacko to lead expansion of national program empowering high school entrepreneurs
ANN ARBOR, Michigan, June 19, 2018 –Blue Ocean Student Entrepreneurs Corp (BOSE), the organizer of the Blue Ocean Entrepreneurship Competition, the premier entrepreneurial competition for high school students, today announced Ted Dacko is appointed to the role of Executive Director – a critical leadership appointment supporting strategic growth of the competition.
Early-stage companies struggle with the concepts of financial reporting. Financial reporting is not accounting. It is the art and science of marrying together sales, marketing HR and financial information to better understand both your history and forecast of your business. Join us at Ann Arbor SPARK at 9:00 am on June 27, 2018 to learn how to better run your company.
University of Michigan Entrepreneur Hour with Ted Dacko
Check out this parody where Ted Dacko and the Founder of HealthMedia, Vic Strecher, do a spoof on the CEO/Founder relationship. While you may not get all of the subtle parts of the video, it will help you better understand the relationship between a Founder and a CEO. It is funny.