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From Small to Big

August 2, 2007

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I plan on finding this book, this post is insightful and a must read if you plan on becoming a Remote Control CEO.

One of the key questions for any entrepreneur is how to achieve growth. However companies often suffer the highest failure rate while making the transition from small to big. Those firms that do manage to get through this period help drive the American economy in terms of job creation. Doug Tatum, the founding chairman of Tatum, an executive services and consulting firm, examines this seminal process in a company’s success cycle in his forthcoming book, No Man’s Land: What to Do When Your Company is Too Big to Be Small but Too Small to Be Big. Via Business Week

Written by Greg Balanko-Dickson · Filed Under Solo Entrepreneur, Transitions | Leave a Comment 

Sizzlin’ Summer Mentoring Program

July 8, 2007

Summer of 2007 will be sizzlin’ for a select group of entrepreneurs and business owners. Why you ask? I am holding a summer mentoring program designed to help you start your business, grow/expand, or increase your results and profitability.

What’s Included in the Mentoring Program

This program will be part coaching, consulting, and training designed to help you get on the fast track. Based on the needs of the group I will develop group training sessions, I could see covering topics such as Business Models, Business Planning, and Sales Systems. When I mentor you, you get:

  1. Greg’s Coaching: My 100% commitment to you achieving your goals.
  2. Group Meetings: audio/video meetings with the frequency, dates, and time mutually agreed upon by the group. This guarantees that you will be able to fit them into your busy schedule.
  3. One-on-One Coaching: whether by email, Skype, or phone you will have unprecedented access to ask questions and get the support you need.
  4. Action Tools Library: everyone will get access to my Action Tools Library, which currently stands at more than 370 documents, articles, and templates.
  5. Private Mentoring Workspace:
  6. Ideas, Tips, and Observations: throughout the entire process I will be spitting out ideas, tips, and observations to help you make money, fast track a project, refine your approach, and develop new skills.
  7. 3 + 3 Mentoring: the program will begin in July and the group and one-on-one mentoring will continue for 90 days from our start date. Then for another 90 days I will continue to mentor you via email or in the the groups private workspace. That’s six months (3 + 3 = 6) of mentoring, coaching, and training.
  8. Meet Some Great Entrepreneurs: one of the greatest things is you will get to know six other entrepreneurs just like yourself. This gives you the opportunity to learn from their experiences, challenges, and make a new friend.

Why is Greg Doing This?
 Read more

Written by Greg Balanko-Dickson · Filed Under Mentoring, Solo Entrepreneur | 8 Comments 

Baby Boomer Retirement Trend - Entrepreneur 2.0?

July 5, 2007

If you are 50+ and born between 1946-1964 and an active entrepreneur you are being called a Entre-Boomer and in a piece titled Going Your Own Way Entre-Boomers are discovering the world of entrepreneurship just as they are about to enter their retirement years.

Why the Strong Interest in Entrepreneurship?

Because many Boomers think that selling their experience via consulting as their best path through the entrepreneurship maze.

A 2005 Merrill Lynch survey found that the unpredictable cost of illness and health-care is by far boomers’ biggest fear. They are about three times as worried about a major illness (48 percent), their ability to pay for health-care (53 percent), or winding up in a nursing home (48 percent) as about dying (17 percent).

A Free Agent

There is no doubt that becoming a “free agent” and selling your services creates cash flow it is not a business model that will create wealth for most seniors. However, if you buy a business and then build an exit strategy it might be just the ticket to help you earn some extra income. Another option is to continue to operate a healthy business well into retirement.

In addition, a CGC analysis of government data shows that those 55 to 64 and older represent one of the fastest-growing groups of self-employed workers. Some 1.8 million American workers ages 55 to 64 are self-employed outside of agriculture, up 29 percent from 2000, according to the Labor Department. The number of do-it-your-selfers 65 and older has grown 18 percent to 756,000. And boomers 45 to 54 years old make up more than a quarter of the nation’s 9.6 million self-employed. Overall, boomers and older entrepreneurs now account for 54 percent of self-employed workers, up from 48.5 percent in 2000. Via Going Your Own Way

So if you have been thinking about making your hobby a business or your business into a hobby or just want to take a stab at the entrepreneurial game you are in good company.

Written by Greg Balanko-Dickson · Filed Under 6. Implementation and Process, Baby Boomers in Business, Demographics, Retirement, Solo Entrepreneur | Leave a Comment