Scot Lowry is a managing partner & co-founder of PromiseONE (P1) Companies. PromiseONEwas founded in 2005 to help purpose driven leaders aspiring to become business owners acquire and grow existing companies. P1 helps its partners reach their full potential and maximize impact across all facets of their life as entrepreneurs. P1’s “promise” (i.e. purpose statement) is “Lifting Entrepreneurs Lifting Others”
Prior to his role as P1’s managing partner, Scot served as CEO of Fathom, an early PromiseONE acquisition. Fathom is a national digital marketing firm that grew revenue over 450%, expanded from 25 to 100+ people and won multiple awards for growth and workplace culture, including winning Weatherhead 100 recognition five times.
PromiseONE was named in honor of Promise Partners, a non-profit “acquisition entrepreneur” incubator, founded by Richard L. Osborne, an esteemed Weatherhead Professor. Richard was a long time mentor to Scot and Kevin Shaw (P1’s co-founders). Promise”ONE” also signaled that P1 intended to launch more purpose driven entrepreneurs over time (i.e. P2, P3, etc.). To date, PromiseONE has partnered with (10) people helping them go from employee to first time owner across (14) businesses.
Scot teaches acquisition entrepreneurship at The Weatherhead School of Management at Case Western Reserve University, where he received his MBA in 2001. Scot is a mentor and board member at Promise Partners, a non-profit acquisition entrepreneurship incubator that has helped over 65 people become first time business owners in Cleveland. Scot is also on the board of the David L. Cooperrider Center for Appreciative Inquiry at Champlain College.
Scot is married to Stephanie and has four children. You will find Scot spending time with his family, hiking with Stephanie, mountain biking and kite boarding as much as possible!