6/13/2009 - DiCello Wins Entrepreneur of the Year Award

Nicholas DiCello, President and CEO of Ohio State Waterproofing, was named among Northeast Ohio’s leading entrepreneurs, as recipient of the Ernst & Young’s Entrepreneur Of The Year award 2009. DiCello received the award at the program event on June 10, 2009, at Playhouse Square in downtown Cleveland.

Now entering its 23rd year, Ernst & Young Entrepreneur Of The Year is the world’s most prestigious business award for entrepreneurs. Recognized globally, the award honors the most outstanding entrepreneurs who inspire others with their vision, leadership and achievement.

DiCello was among 28 award finalists selected for consideration for this year’s award; he was chosen as the winner in the Home Improvements business category. “This year’s finalists went through a rigorous judging process and met with the program’s independent panel of judges for a thorough assessment of their company’s recent financial performance, strategic direction, and their product or service innovation,” said Mike Mazzeo, executive director with Ernst & Young and program director for the Ernst & Young’s Entrepreneur Of The Year Northeast Ohio program. In addition, each nominee’s leadership qualities, including personal integrity, values, key employee initiatives and community involvement were considered.

DiCello is a lifelong resident of Northeast Ohio and a graduate of Ohio University. In 1978, he was working for a New York-based basement waterproofer when the company abruptly exited the business. With about $200 in his checking account, DiCello recruited a few key people from the business, secured the support of local vendors (who stood to not get paid by the exiting business) and founded Ohio State Waterproofing. DiCello started off on the right foot, making the vendors whole on the prior company’s obligation. Today, 31 years later, most of those key employees he persuaded to stay on are still with the Company and those vendors have become longtime partners. Ohio State Waterproofing is now the top waterproofing services company in Northeast Ohio and has expanded with 14 franchises throughout the United States.

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