February 26, 2018

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Meet the Management Team

February 26, 2018

With courage and determination, CEO Scott Finkelstein partnered with his father to create NextLot Inc., a company that has ran 18,000 auctions and sold $18.5 billion in assets through its customized online bidding platform. The management team at NextLot believes in the company’s uncapped potential and is confident that NextLot will continue to blaze through the industry. The company’s vision to provide excellent customer service and adaptive online bidding software is what differentiates NextLot from its competitors.

 

The management team has a vested interest in the growth of its clients, its employees, and the company. NextLot’s leadership team strives to motivate employees through passion and purpose by ensuring that employees have every possible tool to achieve success in their positions. The collaborative spirit of the company’s executives serves as an open door for NextLot employees to propose new ideas and continuously plan for the success of their clients.

 

While promoting the professional development of their employees and current clients, the NextLot management team is also committed to acquire new customers and expand online bidding to untapped markets. With international growth and a customized bidding experience in mind, the company’s leaders commit to collaboration with the development team in order to drive impressive results and high-performing online auction software.

 

 

Scott Finkelstein

 

As Chief Executive Officer, Scott has propelled the company’s growth with his innate entrepreneurial spirit. Scott is involved in all aspects of the company including product development, strategic planning, and sales. When he first started NextLot ten years ago, he would have never thought the company would have seen such tremendous growth while helping auctioneers grow their businesses. He is proud to have developed an industry leading product that has provided jobs to many talented and hardworking people within the company. Charisma and sales have been the core of Scott’s leadership style and inspiring others to the path of success. Scott believes in the importance of hard work, family, and building something bigger than himself. Scott is an alumnus of Duke University.

 

 

What’s a favorite memory you have growing up in the auction industry? What’s a favorite memory you have working in the auction industry?

My dad has been in and around the auction industry for 45 years. I remember traveling to machinery auctions with him as a kid and enjoying the excitement. My favorite memory since starting NextLot was selling 1840's vintage Veuve Clicquot champagne which was discovered in a shipwreck off the coast of Finland. It was amazing to sell a piece of history that was lost to the world forever and then recovered.

 

What about the company are you most proud of?

I'm most proud of our great team and the hard work and dedication they show to our clients every day. It is because of them that NextLot is such a great company and is why we hear that we offer such superior customer service which distinguishes us in the auction software industry.

 

What is your vision for the company?

An auction is the oldest method of selling that has been around for thousands of years. I want to continue to disrupt the industry and provide cutting edge technology to help auctioneers grow the businesses and see more bids and higher prices.

 

 

 

Norman Finkelstein

 

Norman serves as the President of NextLot and leads the company’s European division and oversees the company’s marketing strategy with invaluable experience working over 40 years in the auction industry. He believes that a good leader is someone who is smart, capable, and listens to their team of advisors in order to make evidence-based decisions. As a family man, Norman is very passionate about his family at home and in the office. He is enthusiastic about the team’s ability to set long-term goals and do the right thing by treating clients as family. He also continues to find in inspiration in the work of his favorite writer Thomas Friedman who wrote the World Is Flat (2005) which speaks to the impact of globalization on our world. Norman is an alumnus of New York Institute of Technology.

 

 

 

 

What’s a favorite memory you have working in the auction industry?

I have been working in the industry for 45 years, so I have a lot of them. The early days of our company going to Hong Kong and selling rare wine would have to be a favorite memory.

 

What about the company are you most proud of?

Our employees and customer service. Scott took an idea and formed it into the company that it is today.. He understood my vision and my idea and the way that we formulated them and developed them into a business is quite remarkable. One of our biggest accomplishments was making the INC 500 as one of the top growing companies in North Carolina.

 

What is your vision for the company?

We have to expand and get our latest development out in the public sector. Also, I’m excited about being able to expand globally. We have auctions all over the world which is a big accomplishment. There’s a lot on the horizon that we can hopefully achieve, and I think it’s all going to come from a new development strategy.

 

 

Matt Henderson

 

Matt has been with NextLot since Scott began the company.

As Chief Operating Officer, he manages company sales, auction operations, account management, and software development. He believes that good leadership is making a difference and doing something that requires people to take notice. In the nature of good fun, Matt enjoys playing golf and watching sports. Matt graduated from the University of North Carolina at Chapel Hill.

 

 

 

 

What’s a favorite memory you have working in the auction industry?

One of my favorite memories working in the auction industry was the first day I was introduced to the industry. I meet Scott back in 2007 and he asked me to come over on a Saturday to check out the software and see how it works. I had no clue what was going on. The phone was ringing off the hook and online bidders were going crazy for a real estate auction NextLot was running. At one point Scott yelled at me and threw his hand up for a high five. He told me we just sold a $500k condo online at the auction and what NextLot’s profit was. I had no idea what really happened or how it happened but I was hooked.

 

What about the company are you most proud of?

The way we have grown and evolved. We’ve had some tough times and have had to make some difficult decisions in the past. I’m proud of how we have handled everything that has been thrown at us along the way. I’m proud of our team and everyone that has helped get NextLot to where we are today. We couldn’t do it without the Account Associates, the Account Managers and Management all working together. The team we have now is awesome; I feel like we are in a great spot to continue to grow our business and dominate the auction software industry.

 

What is your vision for the company?

I have many visions for the company but the main one is to move our development forward. We have a ton of great ideas that we are excited to implement that should change the auction game.

 

 

Dale Finkelstein

 

Dale plays a key role in ensuring the success of NextLot through her wonderful ability to connect with people and assist them through NextLot’s system. Dale has assisted in the inception of NextLot and continues to be an advocate for the bidders who use the online bidding system.

 

 

 

 

 

What’s a favorite memory you have working in the auction industry?

I would say going to the Inc 500 awards ceremony. It was amazing because we achieved a wonderful level of successful and being recognized for it was great.

 

What about the company are you most proud of? What is your vision for the company?

One of the aspects of the company that I am most proud of is the team’s ability to work together like a big close-knit family. In the future, I hope that we continue getting more clients and make more improvements with the technology to keep on the cutting edge of things.

 

About NextLot, Inc.: NextLot provides auctioneers with a fresh approach to online-timed and live webcast auctions by providing extremely easy-to-use, privately branded software for three main auction formats: Timed Auction, Webcast, and Pre-Bid. NextLot believes that auctioneers’ most important assets are their buyers and that these assets should not have to be shared with their competitors on a public portal. NextLot users build brand loyalty while enjoying full control of their customer base, and avoiding exposure to competition. For more information on NextLot, Inc and services offered please visit www.nextlot.com.

 

 

 

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