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The next level in HR and Recruitment solutions Taking the Taking the Entrepreneurial Entrepreneurial Leap Leap

The next level in HR and Recruitment solutions Taking the Entrepreneurial Leap

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Page 1: The next level in HR and Recruitment solutions Taking the Entrepreneurial Leap

The next level in HR and Recruitment solutions

Taking the Taking the

Entrepreneurial Entrepreneurial LeapLeap

Page 2: The next level in HR and Recruitment solutions Taking the Entrepreneurial Leap

Built on the right foundation Built on the right foundation while thinking in longer stepswhile thinking in longer steps

• Project/On Demand HR and Recruitment firm

• Company founded in 2001 by Industry Leaders

• National in scope

• Outside-In® Company

– Customer centric– Culture led business– Award winning

Page 3: The next level in HR and Recruitment solutions Taking the Entrepreneurial Leap

Why MeMe?

• Serial not Cereal• Fourth generation• Key influences• Role models• “The Bricklayer”

Page 4: The next level in HR and Recruitment solutions Taking the Entrepreneurial Leap

Which founderfounder are you?

• The Bricklayer

• Technical Expert

• Serial

• The Builder

• The Operator

• Playing House

Page 5: The next level in HR and Recruitment solutions Taking the Entrepreneurial Leap

LearningLearning from my experiences…

• Sitting under an apple tree...

• The business plan conundrum

• What does it really take?

• How will you fund your dream?

• Once upon a practice

• If I had to do it over…

Page 6: The next level in HR and Recruitment solutions Taking the Entrepreneurial Leap

Sitting under an apple treeapple tree…

• Know your limitations

• Congruence

• Can you evolve with your business?

• Do you want to?

• Why are you in business?

• Go meet one

Page 7: The next level in HR and Recruitment solutions Taking the Entrepreneurial Leap

The Business Plan ConundrumConundrum

• Backing into your business

• Prove your idea out pre-investment!

• Get closer to your customer

• Understand what long range means today

• Run your business in real time

• Rigid process versus flexible needs

Conundrum - co nun drum - ⋅ ⋅ noun

1. a riddle, the answer to which involves a pun or play on words, as What is black and white and read all over? A newspaper.

2. anything that puzzles.

Page 8: The next level in HR and Recruitment solutions Taking the Entrepreneurial Leap

What does it really really take?

• We romanticize the entrepreneur?

• Capital crunch

• Mitigate risks

• Entrepreneurial Ironman?

• Confidence/Humility

• Balance today with tomorrow…

• Knowledge of yourself

• Student of stages of business

Page 9: The next level in HR and Recruitment solutions Taking the Entrepreneurial Leap

How will you fundfund your dream?

• What can you stomach?

• Partners (Compromise)

• Debt: Preserve ownership interest

• Equity: Loss of control

Page 10: The next level in HR and Recruitment solutions Taking the Entrepreneurial Leap

Once Upon a practice

• Find some informal advisors

• Sell through partners and alliances

• Google it.

• Your goal is to tell your story

• Protect your customers

Page 11: The next level in HR and Recruitment solutions Taking the Entrepreneurial Leap

Keys to getting through the Entrepreneurial LabyrinthEntrepreneurial Labyrinth…

• Take off the rose colored glasses

• Be prepared to be a generalist

• Be a change maker (inside and out)

• Learn when to let go

• Create a high value work environment

• Don’t get caught playing house

• Go against the grain

• Have a dictionary handy: fortitude, perseverance, patience

Page 12: The next level in HR and Recruitment solutions Taking the Entrepreneurial Leap

Key to successsuccessBuild your business from the Outside-in®!

1. Turn yourself outward to the customer- Listen for

your market!

2. Fill a niche and know it will change…

3. Get help from those that have been there before!