Corporate to Entrepreneur Transition
Corporate to Entreprenuer Transition
$250,000 in revenue achieved in first year, doubled in second year
THE CHALLENGE
Executive had spent over 25 years in the corporate sector and wanted a change
Tired of the typical bureaucracy, red tape, and “daily grind” of a large corporation
Had the right thoughts, knowledge, and business acumen, but didn’t know to how to transition into being a small business owner
While motivated to leave his corporate position, he was nervous about starting something new and was afraid of failing
THE SOLUTION
Became his personal advisor and “Business Wingman.” Started with mapping his talents, skills, experience, and passions with possible business options, which ultimately led to opening a staffing & recruiting business
Created company legal name, structure & operating agreement, registered with government agencies, hired a CPA firm, conducted market evaluations, benchmarked from similar company, and established a website/social media channels
Developed go-to-market position, business model, strategy, goals, and timeline
Coached/trained the owner on how to be an entrepreneur & on important business competencies (guerilla marketing, grassroots sales, superior customer service, etc)
THE RESULT
Hard work & discipline paid off. Company crushed the original goals and achieved $250,000 in revenue in the first year and doubled that figure in second year
Garnered top results for clients with 95% placement rating
Owner was finally fulfilling his life passion of helping others succeed while meeting the demands of the broader economy and matching high quality people to organizations in need