Ed "Skip" McLaughlin's Blog, page 2

#1 Startup Mistake: Selling Equity Too Early

 

 

 

 

 

 

 

 

 

 

By Ed McLaughlin

The key economic factors impacting the value potential of any business include Capital, Cost & Control.  Understanding the meaning and purpose behind each of these words will have a direct impact on vision fulfillment, value realization, and personal satisfaction.  It is imperative to slow-down and take the time to understand the implications of each of these words.  Sometimes entrepreneurs can get ahead of themselves in the pursuit of start-up capital an...

Axiom Awards Silver Medal to “The Purpose Is Profit” in Entrepreneurship

AXIOM BUSINESS BOOK AWARDS 2017 RESULTS:
Congratulations to the medalists in the 2017 Axiom Business Book Awards!
The Purpose Is Profit: The Truth about Starting and Building Your Own Business was selected as a Silver Medalist in the Entrepreneurship category. The Purpose Is Profit was written by Ed “Skip” McLaughlin, Wyn Lydecker, and Paul McLaughlin. The hardback and e-book were published by Greenleaf Book Group.

In August of 2007, Jenkins Group launched the Axiom Awards, “design...

SHOW SUMMARY In this episode of Profit First. Mike Mic...

[image error] SHOW SUMMARY

In this episode of Profit First. Mike Michalowicz talks with Ed “Skip” McLaughlin who walks us through The Ten Commandments of Profit and explains how these 10 critical components of profit guide you to identify weaknesses in your business that can be fixed, opportunities that can be improved upon and even be a filter for not profitable business to get back on track, starting now. Listen to the Podcast Now.

A Big Lift for Small Business

Illustration on saving small business in the U.S. by Alexander Hunter/The Washington Times

Trump backing of entrepreneurs is a key to economic revival.

By Ed McLaughlin

Previously published in The Washington Times on January 31, 2017

President Trump’s selection of Linda McMahon as the head of the Small Business Administration (SBA) is good news for entrepreneurs. She knows what it means to be a successful entrepreneur, taking her company, World Wrestling Entertainment (WWE), from a 13-perso...

“The Purpose Is Profit” Media Coverage – Full List Summary

Here is a summary of the Media Coverage The Purpose Is Profit.  January 31, 2017 – The Washington Times – A Big Lift for Small Business January 23, 2017 – Fairfield County Business Journal – The New Administration Must Help Small Business  December 21, 2016 – StartupNation – 10 Profit Principles that Separate Wantrepreneurs from the Entrepreneurs   November 28, 2016 – Inc. – A New Mandate for Washington: Support America’s Entrepreneurs November 28, 2016 – Stamford Advocate...

The New Administration Must Help Small Business: 8 Suggestions

By Ed McLaughlin

As Published in Fairfield County Business Journal

Donald Trump’s selection of Linda McMahon as the head of the Small Business Administration is good news for entrepreneurs. She knows what it means to be a successful entrepreneur, taking her company, World Wrestling Entertainment, from a 13-person operation to a publicly traded operation with more than 800 employees and a market value of about $1.5 billion in a 30-year period.

McMahon and Trump know that small businesses ar...

The New Administration Must Help Small Business

By Ed McLaughlin

As Published in Fairfield County Business Journal

Donald Trump’s selection of Linda McMahon as the head of the Small Business Administration is good news for entrepreneurs. She knows what it means to be a successful entrepreneur, taking her company, World Wrestling Entertainment, from a 13-person operation to a publicly traded operation with more than 800 employees and a market value of about $1.5 billion in a 30-year period. Read More.

“The Purpose Is Profit” Media Coverage – Full List Summary

Here is a summary of the Media Coverage The Purpose Is Profit. January 23, 2017 – Fairfield County Business Journal – The New Administration Must Help Small Business December 21, 2016 – StartupNation – 10 Profit Principles that Separate Wantrepreneurs from the Entrepreneurs November 28, 2016 – Inc. –A New Mandate for Washington: Support America’s Entrepreneurs November 28, 2016 – Stamford Advocate – An Evening with Ed McLaughlin, Author of The Purpose Is Profit: The Truth a...

10 Profit Principles that Separate the Want-trepreneurs from the Entrepreneurs

Previously Published in Startup Nation

By Ed “Skip” McLaughlin and Wyn Lydecker

What really separates a Want-trepreneur from an Entrepreneur? Is it strategic vision or the ability to execute? If you have a good business idea and you know how to get things done, is that enough?

Besides a good business idea and the ability to implement, the real difference between a Want-trepreneur and an Entrepreneur is having the discipline to organize around profit principles. I call these principles...

This Startup Founder is Filling the Training Gap in the Booming Urgent Care Space

By Ed McLaughlin and Wyn Lydecker

You need to see the doctor for an uncomplicated illness, but the office is not open. Going to the Emergency Room with its long waits and exorbitant co-pays is certainly not a good option. Instead, you can go to one of the 7,100 Urgent Care Centers that are springing up across the U.S. These walk-in clinics increasingly solve a significant need in delivering health care that falls between the spectrum of primary care and emergency care. Life-threatening eme...