Greetings to all Aspiring Entrepreneurs!
Have you ever dreamt about launching an entrepreneurial venture at some point in your life? Or have you already taken the leap and launched your own business?
A recent study by Lynnette Khalfani, author of 7 Smart Habits to Building the Wealth of Your Dreams, found that “nearly 50% of American adults would like to start their own business”.
This is a growing trend, especially for mid-career baby boomers. When I researched the subject, I found that many mid-career baby boomers have a burning desire to make a difference, and have experienced job loss through downsizing, reduced compensation as a result of reorganizations, or fewer promotional opportunities.
As a result of these trends, baby boomers are at the forefront of two new trends – The New Entrepreneur and Entrepreneur as Millionaire…
- The New Entrepreneur: A recent U.S. Department of Labor study shows that “nearly half of the country’s self-employed – 7.4 million, are baby-boomers”. This new trend resulted from boomers “retiring from one career to start another, losing their job through downsizing, or simply wanting the independence and flexibility of working for themselves”. (AARP Bulletin, February 2007)
- Entrepreneur as Millionaire: In a 2005 Harris Interactive study of 1,000 millionaires, they found that “80% are first generation wealthy, the average small business owner has an annual household income of $135,000 and assets topping the $1 million mark".
What’s do you believe is the attraction with being an entrepreneur?
If you’re like many people, the attraction is . . .
- the freedom of being their own boss…
- ability to share an inspiring message (message different from their ‘day job’)…
- the financial wealth possible as a business owner (different from the structured salary of their ‘day job’).
Many of my clients have shared their frustration with their ‘day job’, and are beginning to strategize and envision their next career move.
One of the most frequent career move strategies, envisioned by ‘leading edge baby boomers’ (born between 1946-1954), is to launch a business — tap into some of the innovative energy of an entrepreneur after a long term corporate career.
Since my downsizing in October 2000 and launching my business the following May, I have learned many lessons that I wish I had known before. Yes, the saying, ‘If I knew then, what I know now’, holds true!
My passion is to share resources and success strategies for those desiring to transition from employee to entrepreneur so you can build your own platform for success NOW – take a proactive stance in your success. I’ve listed below a special resource and invitation for you!
What holds many people back from taking the leap from employee to entrepreneur?
Most believe that it’s the time, money, lack of focus, or the resources required.
I believe that it’s lack of knowledge about the transition from employee to entrepreneur that involves building a platform for success.
- If you have an inkling about launching a business in the next three to five years, study Seth Godin’s book, The Bootstrappers Bible. Just click on the link below to get your free copy and search the web for Seth’s many other resources. I had the honor of hearing him speak for 2 hours this past week on his new book, The Dip. I highly recommend it for everyone who wants to be remarkable (play to your strengths!) and move through their Dip!
- I’ve included an invitation to a special event on May 30 in the Blue Bell PA area, hosted by the Women-Owned Business Network that is highlighted below. When I spoke at the Network event last week, I learned about Kimberle Levin’s talk and was granted special permission to send an invitation to you, my subscriber network.
It’ll be a fun and inspiring evening, so join us on May 30!
If you have any questions about your specific ‘employee to entrepreneur’ transition, feel free to drop me a note at firstname.lastname@example.org.
Enjoy great success … begin to build your platform for more fulfilling success!
The Bootstrappers Bible, an e-book by Seth Godin available for free and to share: http://www.changethis.com/8.BootstrappersBible
Seth Godin is a bestselling author, entrepreneur and agent of change. Six of Seth’s nine books have been bestsellers around the world and changed the way people think about marketing, change and work. He holds an MBA from Stanford and was called "the Ultimate Entrepreneur for the Information Age" by Business Week.
His latest work is The Dip (http://sethgodin.typepad.com/the_dip/,) and he is highly recognized for his message in Purple Cow (http://www.sethgodin.com/purple/ )
Invitation to a Special Event: Wednesday, May 30: 6:00PM – 8:30PM
“Succeed In New Ways” with Kimberle Levin, President & CEO of Teknuko, a successful IT infrastructure services firm.
Kimberle successfully built and managed several multi-million dollar businesses in the information technology industry, using the bootstrapper approach, and will share her wisdom about how you can grow a business from small to sensational.
- In its third year and growing, Montgomery County Woman-Owned Business Network hosts this unique networking and information event that is sponsored by Harleysville National Bank and Montgomery County Community College.
Come hear Kimberle Levin talk about what it takes to be an award-winning entrepreneur in today’s business climate.
Kimberle is a visionary, innovator, and gifted conceptual thinker featured in many magazines and TV shows such as The Wall Street Journal and The Oprah Winfrey Show. Her company has been recognized by the Philadelphia Business Journal as one of the Top 100 Fastest Growing Companies and she has been named by the State of Pennsylvania as one of Pennsylvania’s Best 50 Women of Distinction.
Enjoy light refreshments, meet and mingle with other motivated business leaders, aspiring leaders, and learn techniques to help your business SOAR! The graduates of the program will also be honored.
Registration Information: There is limited seating so register now!
Fee: The event is free for members of the Montgomery County Woman-Owned Business Network, students and graduates of the “Starting a Successful Woman-Owned Business Series”. $5.00 general admission for all others.
To register via phone, call 215-641-6397 or register online at https://webadvisor.mc3.edu.
For more information, call 215-641-6397.
Montgomery County Community College. 340 DeKalb Pike, Blue Bell, PA 19422-0758. 215-641-6300
Event will be held in the Faculty dining room, on the lower level of College Hall, behind Parkhouse Hall and adjacent to the Bookstore.
Join us Wednesday, May 30th at 6:00pm to learn, network, laugh, and celebrate each other!