Archives for small business

The EPIC Way To Celebrate 10 years – Boldly Embarking On A New Adventure

And-for-that-one-moment-Kelliee More

On June 2, 2006, I was called into my boss’ office (I was reporting to two people). I received the news that I was being let go. I had been laid off twice before, and had been fired twice before, but this news was the best news I could have received at the time.

Earlier that year, I had been put on probation and asked to work under a mentor, the late, great Allen Astra, to make sure that I was doing everything I was supposed to be doing. I had not made a placement in two-and-a-half months. This was after being offered the opportunity to work with a coach, the late, great Sheila Kutner, aka, “The Velvet Hammer.”

After two months on probation, I was given the chance to ask the account managers that I was working with to come into the board room with us, along with my mentor, Allen. They let me take the lead and confront them directly. Their general feedback was that I was not doing what I was supposed to be doing to identify and present suitable candidates for their job openings, so I asked them for specific instances where quality candidates were not delivered. When no specific instances could be cited, my bosses then realized that it was a perception problem, not a performance problem, and my reputation was redeemed. I was no longer on probation, and I was to be assigned more viable jobs. However, I still was not feeling great about my job.

I had already realized that recruiting no longer fulfilled me. The seeds planted five years earlier to becoming a career coach before being laid off the first time were growing, pushing through the soil and begging for water, nutrients, and sunshine. Sheila helped me realize that I was the only thing standing in my way. What more did I need to know? Well, how to run a business, for one. She helped me devise a six-month plan that had started January 1st of that year. I joined a professional organization and took courses on career planning and résumé writing by one of the industry’s founders, Jay Block. My target date to quit and start my company was June 1st.

I had only saved up $1500 (this was a few months after Tim and I honeymooned in New Zealand, and the year after we threw a wedding for 250 guests, so there wasn’t much left in our account).  I figured I did not need much overhead if I could land clients right away.

On Friday, May 13th, my 13-month old cat, Lucy, was hit by a car. The impact was to her head and face. We almost lost her on the way to the animal hospital. They gave her a 50/50 chance of surviving, and they thought her jaw was broken. The bills were $1200, but she recovered in two days and on Mother’s Day I was able to take her home. She’s still with us today and I never lamented spending that money.

I delayed my plans until I could save up another $1300, but my plans, I suppose, were not meant to wait.

 

Where-words-fail-music-Hans

On June 2nd, after being told just two months before that I was the right person for the job, though knowing the job was not right for me any longer, I was told that I would have one month’s severance and be eligible for unemployment benefits. They were letting me go, with no specific reasons. It did not matter…this was exactly what I wanted. Without that push out the door, who knows how long I would have stayed just to feel more financially comfortable and stable, only to feel increasingly dissatisfied in my role.

On that same day, I drafted an e-mail to all my friends, family and former colleagues, announcing my new résumé writing company, Charésumé (charisma + résumé, which was rebranded as Epic Careering in 2012) and asking them to visit my website. My website had been lovingly put together by my brother-in-law, a CTO, in exchange for my résumé writing services– my first client.  A company was born, and I was reborn as an entrepreneur.

I am celebrating the 10th anniversary of that fateful day the EPIC way– there has been an idea rolling around in my head since reading “Think and Grow Rich” several years ago, and I will be finally testing this idea out on a much smaller scale.

It is a Career Revival Concert.

re·viv·al  (rĭ-vī′vəl)

n.

1.

  1. The act or an instance of reviving: the revival of a person who fainted.
  2. The condition of being revived.

 

  1. A restoration to use, acceptance, activity, or vigor after a period of obscurity or quiescence: a revival of colonial architecture; a revival of the economy.

 

  1. A new presentation of an old play, movie, opera, ballet, or similar production.

 

4.

  1. A time of reawakened interest in religion.
  2. A meeting or series of meetings for the purpose of reawakening religious faith, often characterized by impassioned preaching and public testimony.

 

  1. Restoration to validity of something lapsed or set aside, such as a legal claim or status.

 

This combines sermon-like job search education with the emulsifying, healing, connecting powers of LIVE music.

Music-can-change-the-Bono

 

On June 2nd, I would like to invite you to celebrate 10 years of Epic Careering with me. I’ll be doing a very short version of the Career Revival Concert – three songs with three mini-lessons, at open mic night at The Whitpain Tavern around 8:30ish.

I hope you can join me and bear witness to what could be the birth of a new way of helping job seekers, and offer valuable feedback that will help me make the CRC the most effective edutainment job seeker event possible.

Thank you for being a supporter to Epic Careering reaching this momentous milestone. Thank you to the hundreds of clients who have entrusted me to help you reach the next level in your career. Thank you to the family and friends who have cheered me on, cared for my children, and referred your loved ones.

 

Adventures ahead, ALWAYS.

 

How to fund a small business and when to launch it

Many think small business owners come out of the gate with money in hand and account payables ready to bill invoices.

d.light ! by Steve Jurvetson on Flickr

d.light ! by Steve Jurvetson on Flickr

For most small businesses, this is not the case.  For the prudent, conservative entrepreneur, launching a small business takes some considerable time.  So for those of you who are considering this, let me give you a few hints.  The classic “out of the garage” story of Apple computers or social media giant Facebook is more of the outlier then the norm. Most small business are birthed from a divisional break off from sales or consulting.  Small business owners usually have an expertise in the area of business in which they have work for several years. In fact, most small business owners will be in that profession for close to ten years before branching out on their own.

So how do they do it and where do they get the money?

If, for example, a person provides a service to clients that are specific and unique of that provider, there is an opportunity for a small business.

Many small business start by providing their product or service to a select few or high paying clients which are first to test the business model.  Being able to measure the demand for a service or product will go a long way in knowing if the business model will be able to scale.

If this can be done as a part time venture that does not compromise your day job, it would be ideal.  Having a source of income during the trial period of this new venture will allow you to make financial mistakes, which are inherited to small businesses. Once cash flow is produced and a trail client base is established, it is important to keep cost low and fixed.  In today’s virtual world this is more achievable than in the past.   Most small business can only get funding via an SBA loan, but others choose to self-fund their ventures with debt from personal credit cards, which are essentially unsecured loans. This has it own limits due to FICO scores and available money in credit lines.  Still, it remains a main source of funding for small business owners even today.

The most exciting prospects are the social funding websites or crowd funding.  INC magazine just did a review of the top 22 crowd sourcing websites for small business ventures.  We all have heard of Kickstarter, but for some this will not be doable based on the sector of the venture.  Others may choose Fundable, Earlyshares, Seedinvest, etc.  I believe these crowd funders will eventually change the public and private market going forward.

In the end, ideas and being able to produce them will always be in demand.  Working with an advisor who understand entrepreneurs will be a hugh asset in navigating the pitfalls and financial changes one faces in starting and growing a business.

The Brogan Group is a registered investment advisor which specializes in investment management for individuals and other financial intermediaries.

We believe in empowering our clients through financial education.  We educate our clients around budgeting for families and cash flow management for small companies.

We serve the full spectrum of clients in portfolio management and risk assessment to different asset classes.  We specialize in Behavioral Finance and use this as our core approach.  Allowing us to have a 360 degree approach money management

We are not your average financial advisors. We have produced a proprietary way or changing clients behavioral when it comes to money management and investing.

Our Money Memory System is our core product for clients looking to move to a great awareness their financial lives.  This with our custom client approach allows greater outcomes in reaching our clients set goals.

We are a fee based advisory who believes in our fiduciary role in putting our clients first.

Top 5 Secret Weapons in Mission-driven Careering

How this mining thing stays in the side of the mountain is beyond me.

How this mining thing stays in the side of the mountain is beyond me.

“You may be right. I may be crazy. But it just may be a lunatic you’re looking for.”

~ Billy Joel

 

The fall is coming, and that means that my freedom will soon be limited. Soon my husband’s busy work season and his swim season will start simultaneously, leaving me once again to feel like a single work-at-home mom of two spunky toddlers. While most parents enjoy the freedom that they gain when their kids return to school, I will be readjusting, adapting and experimenting with new regimens that enable me to fulfill my personal and professional missions while enjoying some sanity with my new time restrictions.

My missions?

#1 – Watch my kids grow up.  Be there while they are little. Witness all of their “firsts.” Be the one that raises them.

#2 – Revolutionize job seeking into Epic Careering.  Empower one million people to discover, pursue and promote their passions and achieve their ideal quality of life.

#3 – Reduce the time and distance between talent and the companies that need it. Optimize productivity for organizations in the process, so that they can expand and create even more jobs – 1 million of them, as a goal.

#4 – I guess I also want a clean, orderly house and office, but I’ll settle for sanitary at a minimum.

 

This is pretty crazy, right? It’s certainly unreasonable to think that I could have it all.  Well, you can call me unreasonable. I’ve been called many things – tenacious, an idealist, a dreamer. You’re all right! I do believe that I can have it all. It requires a lot of expansion (which is code for inner conflict.) But know that if I’m asking you to take a leap of faith in your dreams and fill crevices of time with activities and resources that move you toward that, I am damn sure going to be doing it myself.

What may surprise you are my secret weapons for achieving all of this.

  1. Meetup.com
  2. Brain training
  3. Overdrive media console
  4. Social media
  5. My team

I have referred before to brain training, and I can tell you that meditation and hypnotherapy are also part of my regular routine. I will share more about these in a future blog.

This week, to take full advantage of the time that I have, I filled up my evenings with activities, events, and opportunities for learning and networking. Want to know what that looks like?

Here’s a peak:

 

Monday –

My client call in the evening was postponed, so I spent time reaching out to other thought leaders on social media, such as LinkedIn and Twitter. Simultaneously, I listened to an e-book on Overdrive Media Console that I downloaded from my local library – The Most Successful Small Business in the World, by Michael Gerber (author of the e-Myth.) I am learning how to multiply my business by 10,000 to achieve mission #2.  I also listened to this while driving to and from events and preparing meals.

 

Tuesday –

I had a mommy meetup at 6, and met two other work-at-home moms. I thought everyone in the meetup worked a 9-5, so I was pleasantly surprised to find that we could trade sentiments and tips about working from home and addressing some usual toddler behavior. My girls and I made a couple new friends. Then at 8 I attended a webinar on “Accelerated Goal Achievement” by John Assaraf (brain training) while getting my kids to bed. Even while my neighbor stopped by for some goodnight hugs from my girls, I learned how to confront the fears that stand to hold me back in missions #2 and #3. Then I worked on a cover letter for a friend and client who believes that this one particular company is the place that he can achieve Epic Careering.  Send him your most positive thoughts for a prompt, enthusiastic reply.

 

Wednesday –

I attended a webinar while playing with my niece and nephew and daughters in the pool, “Profiting from the Positive,” sponsored by Peoplefluent. I learned about this from a LinkedIn HR group. It was probably more appropriate for those in a larger corporate environment, but I got some great insight on how I can use positive psychology to provide my intern with the most beneficial feedback to conclude her summer internship and how I can elicit optimized performance from my clients as well. I finished that cover letter, updated a résumé, and flew home to get dressed for a meetup. Though I was late, I wouldn’t miss Gloria Bell speak at AWeber on “Building Business One Story at a Time.” I may have found the speaker I was seeking for my social media sub-group (hopefully, if Gloria is interested – fingers crossed) and I became aware of a greater opportunity in my social media outreach to connect with my audience in a more profound and powerful way.  Too, boot, I caught up with one contact I knew from another networking group, DIG. I learned so much more about what he does for small businesses. I may just have some leads for him. I also met another gentleman who shares my passion for non-toxic home products. If we hadn’t stayed late to chat, I might have only learned about his association with a bakery I used to live near and frequent (pre-gluten-free days.)

 

Tonight, though I would love it if I could meet with my client and attend the DIG monthly meeting, I can only meet with my new client, but I am so grateful to be able to do so.

I left a lot of my daytime activities out because, well, you don’t have all day to read this. My intern did spend a day with me at home to see how it get’s done, as well as what sometimes doesn’t get done, like laundry and dishes. I thought it would give her some insight as to how time can be optimized and how some challenges (not all – I mean they are kids who have accidents and make messes) to time management can be overcome.

You don’t have to be a lunatic like me. Your missions may be much more reasonable. Still, my secret weapons can do just as much for you, so take a little time to define your missions (if you haven’t already) and explore how my secret weapons can help you.

Teaching people the tidbits, nuggets and diamonds of wisdom that I gather through these resources and activities is what drives the services and products that we offer.  I am always looking for ways to be valuable to you, and I hope you know that you can let me know if there is something that we can do additionally.

 

What are your secret weapons?

 

“Anyone who stops learning is old, whether at twenty or eighty. Anyone who keeps learning stays young. The greatest thing in life is to keep your mind young.”

~ Henry Ford