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After a Troubled Childhood, a High School Dropout Gets Sweet Redemption

Crain’s New York Business
features D.M. Ice Cream Corp. CEO Roy Castro, graduate of the Goldman Sachs 10,000 Small Business Program at LaGuardia Community College

After a Troubled Childhood, a High School Dropout Gets Sweet Redemption

SET IN MOTION: Castro graduated from cleaning out freezers to owning a fleet of ice cream delivery trucks. Photo: Buck Ennis

Long Island City, NY (April 5, 2017)—Crain’s New York Business, a leading online/print publication covering New York’s top industries, recently featured Roy Castro, CEO of the D.M. Ice Cream Corp. and a graduate of the Goldman Sachs 10,000 Small Businesses program at LaGuardia Community College.

Mr. Castro shares his life journey with Crain’s, from dropping out of high school, to federal prison, to entrepreneurship—including why he decided to seek business training from the 10,000 Small Business program at LaGuardia. He credits the Goldman Sachs-LaGuardia program with teaching him how to improve his organizational, management and leadership skills, in order to grow and secure the future of his company. In 2016, D.M.’s revenue was an impressive $7.5 million.

In 2010, LaGuardia was selected by Goldman Sachs as the first community college in the country for its 10,000 Small Businesses initiative to help small businesses grow and create jobs through greater access to business education, financial capital and support services. Given the success of the program at LaGuardia, Goldman Sachs expanded 10,000 Small Businesses throughout the United States and the United Kingdom, and to date has served more than 6,500 small businesses at more than 30 sites worldwide. Outcomes of the program have been outstanding. Within six months of graduating 69 percent of participants have reported increased revenues, and 48 percent have reported creating new jobs. Apply to 10,000 Small Businesses.

To read the article, click here to access a PDF. Or subscribers to Crain's may click here to access the article on its website.

Related article: Plans Unveiled for New Goldman Sachs 10,000 Small Businesses Education Center at LaGuardia Community College (June 7, 2016)


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