A guide to help make the most of your mid-career entrepreneurial pursuits...whether they were originally planned for or not.
Employee to Entrepreneur is the book to help entrepreneurially minded professionals seize the opportunity offered by the current economic environment to begin a "second act" in their careers. This complete guide explores the full range of questions and concerns voiced by mid-career entrepreneurs, including: how to get started after a lifetime of having other bosses, risks and rewards of making the entrepreneurial leap, and the drawbacks to starting a business under the constraints of traditional start-up costs.
Aspiring entrepreneurs will learn to:
- Recognize why the right business fit is so important.
- Understand the impact that proper funding can have on the future success of a business.
- Assess the financial risks and potential rewards of funding their business using a self-directed 401(k).
- Avoid common mistakes by learning through the experiences of others.
- Gain the needed confidence to act on making their dreams a reality.
William Seagraves, a seasoned and serial entrepreneur himself, carefully deconstructs each part of the process so that the reader is able to honestly evaluate first themselves and second the unique mid-career business opportunity at hand. The book includes wide-ranging advice from a financial professional who has helped hundreds of clients navigate the tricky waters of this mid-career change. This book will be the go-to resource for the rapidly growing number of mid-career entrepreneurs.
|Publisher:||Penguin Publishing Group|
|Product dimensions:||5.40(w) x 7.50(h) x 0.70(d)|
About the Author
WILLIAM R. SEAGRAVES specializes in helping aspiring business owners make the leap from the restraints of corporate America to discover the freedom that small business and franchise ownership can provide. With more than twenty years of experience as an entrepreneur and financial funding guru, he is expertly positioned to offer sound advice that has seen hundreds of small business owners not only succeed but flourish during the midlife entrepreneur stage of their lives. Seagraves's company Catchfire Funding specializes in sharing information about wealth building with funding and financing strategies and educating clients on the best practices for building their own businesses.
Table of Contents
Foreword Perry Marshall ix
Part I Are You Ready For a New Boss?
Chapter 1 The American Dream Gone Awry 3
Chapter 2 Don't Sell Yourself Short 21
Chapter 3 How Entrepreneurially Ready Are You? 33
Part II Size Matters! 39
Chapter 4 Company of One 41
Chapter 5 Boss of a Few 49
Chapter 6 Business of Many 59
Part III To Build Or Buy? That is the Question 65
Chapter 7 Buying a Franchise 67
Chapter 8 Buying an Existing Business 77
Chapter 9 Building Your Own Business 87
Chapter 10 To Partner or Not? 95
Part IV Start Your Engines! 105
Chapter 11 The Road Map: Business Planning 107
Chapter 12 Fuel Up: Finding the Funds 117
Chapter 13 Gaining Traction: The First Six Months 137
Chapter 14 Acceleration: Six Months to Two Years 147
Chapter 15 Full Speed: Two-Plus Years 155
Part V Where to Next, Boss? 163
Chapter 16 When and How to Exit 165
Chapter 17 The New American Dream 175
Epilogue Entrepreneurship on Steroids 185
Additional Resources 191
Notes for My Business Plan 191
Relevant Reading and Research Material 197
Take This Myth-Busting Quiz 199
The Full Picture of 401(k) Funding 201
About the Author 207