Business leader inducted into national hall of fame

People
Written By Adam Russo

Photo courtesy of Miedema Asset Management Group

With four decades of experience and leadership in the auction industry, Sid Miedema has been inducted into the National Auction Association (NAA) Hall of Fame. The honor recognizes his outstanding contributions to the profession and impact nationwide.

Sid entered the industry in 1984. As the founder of Miedema Asset Management Group, he has helped shape the way auctions are conducted today. Starting with live, in-person events and evolving into a nationally recognized online auction business, Sid was one of the early adopters of digital bidding, developing trademarked software in 2000 and setting a new standard for the industry.

He has sold assets in nearly every industry, and, under his leadership, Miedema Asset Management Group has grown into nine companies with over 150 employees.

Sid’s influence extends beyond his business operations. He’s been an active member of the NAA for 39 years, serving on the NAA Foundation Board, including as President, earning his Certified Auctioneers Institute (CAI) designation, attending the annual conference and show for over 30 years, and speaking at several national events.

Within the Michigan Auctioneer’s Association (MAA), Sid’s leadership is just as strong. He served as MAA President in 1992, won the state Bid Calling Championship in 1995, and was inducted into the MAA Hall of Fame in 2005.

Community involvement is also a key part of Sid’s story. He’s served as an elder in his church, led missionary efforts, held leadership positions in the Michigan Horse Pulling Association, served on school boards and community committees, and helped raise funds for hundreds of organizations.  

“My dad has always said that being honest and treating people with respect is more important than chasing profit,” said Jordan Miedema, Sid’s son. “That mindset has shaped our company and how we operate. He’s not just part of this industry—he’s helped define it.”

West Michigan Newspop Digital Partners

Adam Russo
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