Dean Solon is an American businessman who managed to form a million dollar wealth thanks to your company Shoals Technologies. The inventor of 30 patents positioned himself among the top positions in the solar energy market for his photovoltaic panels. The North American maintained that its success is due to its innovation and the quality of its products.
The brand was positioned as one of the main competencies of Chinese companies such as GCL System Integration or Wuxi Sun King. These managed to lead the market due to the low prices of their merchandise, but Solon pointed out that their clients chose to pay between 5 to 10% more because their company offers a safer, more reliable and easier to install material.
What are Dean Solon’s main businesses?
The three features mentioned above are the hallmarks of Shoals Technologies. These advantages were achieved thanks to Solon’s constant research.. An example of the trust in their products was in one of their last clients, Origins Energy. This company formed a 110 hectare solar field and its managing director, Michael Eyman stated: “They are not always the cheapest, but they are always the best”. The person in charge of the company announced that he previously worked with the American’s skills but that: “they all failed during the warranty period.”
Another advantage that the American company offers is its innovative system of plug-and-play hardware. It facilitates the installation of its products to eliminate the need to hire electricians because they can be assembled by hand. This benefit saves millions of dollars in labor.
What also differentiated Shoals Technologies is its innovative production system that combines the production line, the contributions of conditioned reflexes of Ivan Pavlov and an inspiration that Solon had when visiting the Disney parks. The engineer marveled that the environment of the complex seemed like a dream but that in reality there were hundreds of employees monitoring people’s safety.
Solon dressed his employees in color-coded shirts, assigned them a position in production, and devised machinery with LED lights and screens that reproduce the procedures they have to do. This allows anyone to be part of your plant and make their connections in seconds.
Finally, we thought about an LED light that works under the Pavlov’s methodswhen it starts flashing, it means that the employee is late with his work. This fact causes a superior to get involved to explain the error but without the workers worrying about making a mistake. Solon defined this procedure by stating: “If this process does something wrong, it’s our fault, “We designed it wrong, we weren’t bulletproof enough for you to not make mistakes.”
How much is Dean Solon’s fortune, according to Forbes
The American benefited from the fact that the company could enter the stock market because he is the majority owner of it, with 40% of the shares. His percentage and his career allowed him to collect more than 1.6 billion dollarsaccording to Forbes magazine.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
