It is almost common knowledge nowadays that starting a business is not easy. In fact many will tell you starting a business that will eventually succeed is easier than running one. What if someone came up with simple rules and guidelines that you could follow say like commandments and will make the startup easy? This might sound a little hard to swallow but actually, there is a man who did this and his name is Glen Wakeman.
Glen Wakeman created a software that could help entrepreneurs find the first step of writing a business a little less tedious. He developed a plan which he named Wake five-step methodology.
The first step is marketing. The entrepreneur needs to ask what is sold and why is it being sold? After answering that, the entrepreneur needs to look at the operations of the business. The most important question is the logistics aspect. How shall you deliver?
The third component is talent. This is very important. The entrepreneur needs to ask who will do what and can they? The fourth component is finance. Is the amount of money you have enough? Where shall you get more? Finally, the last part is risk management. Are you satisfied with your plan so far and can you go on?
Glen Wakeman developed these steps because in his long illustrious career he noticed business was failing because of the same reason and this simple steps will be a cure for this. Glen Wakeman is a man full of experience having previously worked with General Electric as the COO of Consolidated Financial Group, General Director of Global insurance Venture and Director of Business Development at GE Money.
Glen Wakeman has tried his own plan and has seen it work. He started GE money Latin America with himself as the only employee to 17,000 employees, 12 billion dollars in asset distributed in over 9 countries. His new venture Launchpad that helps budding entrepreneurs is also seeing the same growth and Glen Wakeman has put some nuggets of wisdom in a blog he maintains.
Glen Wakeman hope is to grow Launchpad to a level where he can give part of his profit as an angelic investor for upcoming entrepreneurs. The call is simple, let the entrepreneurs come for Glen Wakeman has a plan