Bryan Lawlor
Sunday, May 3, 2009
What Have I Learned About Myself As An Entrepreneur
I have learned a lot more about myself as an entrepreneur through this course. When I started this course I had just closed the doors at Express Motors, which was a bittersweet experience. I was running a very profitable business and because of a lease renewal increase (double what I was previously paying) and not having another property to move to I closed the doors. On one hand it was hard to do and on the other hand I knew it was the best timing in the world because the largest and deepest recession since the Great Depression was just getting into full swing. So needless to say, when I started this class I was in a weird place in my life because I felt like I was starting over and going back to work for someone else was very hard. I still owned a lawn care business, but it just was not the same as the dealership and I was looking at selling the business in the spring. Needless to say this course has sparked my entrepreneurial spirit all over again and I am working on starting another business and I am currently growing my lawn care business. I have hired a full time employee for the lawn care and I am looking at using its strong balance sheet to finance my new venture. The way I look at Express Motors closing is no longer a failure, but a success. I gained a lot of knowledge and I know exactly what I will do different this time. The greatest success of closing Express Motors is that I preserved my excellent credit and all of my capital investment. I even managed to come out ahead after the closing of the business. I now look at my past experiences as cinder blocks in my foundation and now I am going to start the frame work to something more fulfilling and successful.
Subscribe to:
Post Comments (Atom)
Bryan, You are so wonderful. I think you will be very successful as an entrepreneur. You have the right spirit. It was good getting to know you.
ReplyDeleteDr J.