Ron Regenstreif, Founder of Regency Enterprises, Episode 134
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Ron Regenstreif founded Regency Enterprises in February of 1981 and served as CEO of Regency Lighting for 35+ years. Through the years, Ron’s primary focus has been on growing the sales and marketing efforts and establishing the strategy and growth plan for the organization. Ron’s ongoing passion for excellent service has helped Regency become a leader in the lighting industry, and he still serves as the Co-Chairman of the Board of Directors for Regency Lighting. Ron also serves on the Board of Directors of Q4impact, Joni & Friends, His Hands on Africa, and Chosen People Ministries. He loves strategically connecting people, serving people in need worldwide, and bringing improvement within developing countries.
Ron is our guest on the Wow Factor Podcast this week, and he shares the story of his early life and how he came to the Lord in an unexpected way. He discusses the core value framework of RISE that Ron built at Regency Enterprises that epitomized the foundational principles of the company culture. Ron also discusses when he decided he wanted to give away one million dollars in a year and why the joy of being a part of creating things, building things, and helping things happen in a significant way are some of the highlights of his life.
“It was the right time and the right place, and often I think success is like that.” - Ron Regenstreif
“I want to suggest to my customer what I would suggest if I was selling something to my mother.” - Ron Regenstreif
“My definition of success is taking advantage of the opportunities that we have, without neglecting our priorities.” - Ron Regenstreif
This Week on The Wow Factor:
Ron’s early life and why he moved from a Jewish community in New York to a New England boarding school in sixth grade
Why Ron dropped out of college and moved to California
How a chance meeting with a Christian group changed his trajectory in life
Why Ron decided to start his own company Regency Lighting and how it grew from humble beginnings
How their product tapped into the concerns of the time
How Regency created a transparent, high integrity business culture
What the RISE principles are, and why they are important
How Ron and his co-founder incorporated their faith into their business
When Ron began to recognize the importance of giving and generosity, not only in terms of money but in terms of time.
How Ron likes to use his business acumen and expertise to support charities
Ron’s work with Joni and Friends and the other charities he’s involved with
Ron Regenstreif’s Words of Wisdom:
My definition of success is taking advantage of our opportunities without neglecting our priorities. Identifying my priorities has been a summary of what my life has been about. By placing God first in my life, I've ordered my life in a way that I believe he teaches us to, which has helped me in my business and my personal life.
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