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The Jim Moran Institute for Global Entrepreneurship / News & Press Releases / News Archive / Jim Moran Institute welcomes Ray Land

Jim Moran Institute welcomes Ray Land, one of BusinessWeek’s 2010 Top 25 ‘America's Best Young Entrepreneurs’

Tallahassee, Fla. - The Jim Moran Institute for Global Entrepreneurship and the Florida State University College of Business is pleased to welcome Ray Land, founder and president of Fabulous Coach Lines. Land will address entrepreneurship students in several classes on Wednesday, Dec. 1.

While classroom presentations are generally limited to enrolled students, space will available for approximately 30 additional faculty, staff or students during the 12:30 pm classroom presentation, held in room 208 of the Rovetta Business Building (RBB). Space is limited, and admission is on a first-come, first-served basis.

Named one of the 2010 Top 25 “America’s Best Young Entrepreneurs” by BusinessWeek, Ray Land, a budding entrepreneur, started Fabulous Coach Lines—a luxury motorcoach company—when he was 17-years old. He bought his first bus, a used, 49-passenger Van Hool, online for $25,000—using a loan and $5,000 of his own money—and set up the fabulouscoach.com website in 2004. Now at 23-years old, Land owns 42 coaches and employs more than 95 people. His clients are widespread, including schools, sports teams, businesses, and even the White House Press Corps. To date, the company’s largest deal was a $1.1 million, eight-month contract with the United States military to transport troops around Louisiana following Hurricane Katrina in 2005. In 2009, the company reached $3 million in sales, and is currently on track to reach $4.5 million in sales for 2010.

For more information about Ray Land, contact James (Jim) E. Dever at JimMoranInstitute@fsu.edu or (850) 644-3372. To learn more about the Jim Moran Institute for Global Entrepreneurship, please visit www.jmi.fsu.edu.

 

About the Jim Moran Institute for Global Entrepreneurship

The Jim Moran Institute for Global Entrepreneurship in the College of Business at The Florida State University was established in 1995 through generous donations from automobile industry legend Jim Moran, his wife Jan, and JM Family Enterprises, Inc and supplemented with a major grant from the State of Florida to create a fully-funded endowment and with additional funding from The Jim Moran Foundation. Its mission is to cultivate, train and inspire entrepreneurial leaders in the community through world-class education, leading-edge research and applied training, intensive consulting assistance and mentorship to entrepreneurs and business owners, and public recognition. The dedicated staff of entrepreneurship professionals, academic scholars, and staff foster the entrepreneurship spirit by helping to organize, expand and promote the knowledge and practice of entrepreneurship in such a way as to facilitate new business and to further the goals of established businesses. Our faculty and staff provide students, faculty, aspiring entrepreneurs, and business owners the tools and expertise necessary to develop strategies that establish and sustain advantages for businesses in today’s competitive marketplace and to creatively pursue new opportunities and innovations involving the startup of new business ventures. Through degree and certificate programs in entrepreneurship, outreach programs that reach across Florida and throughout the world, and complementary activities such as half-day workshops and a speaker series, the Jim Moran Institute currently serves more than 1,000 undergraduates and about 200 businesses each year.

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