Published on March 24, 2009
Life after Dell?
My Story B.D. (Before Dell) • I had a cert. in applied physics & electronics, with very little experience & knowledge. A.D. (After Dell) • Left Dell with a BEng in Computer Engineering and a lot of experience & knowledge. • I have now completed MBA, run my own consultancy and have gained even more experience & knowledge.
Redundancy : 7 stages of grief • Shock & Denial • Pain & Guilt • Anger & Bargaining • Depression & Detachment • The Upward Turn • Reconstruction • Acceptance & Hope
Redundancy : 7:stages of grief grief Redundancy 7 stages of
Maslow’s Hierarchy of needs Self actualisation Esteem Social Needs Safety Needs Physiological Needs
Job Vs Own business Job Own Business • Stable • Turbulent • Safe • Risky • Predictable • Unpredictable • Visibility on cash • Little visibility on cash • Fun • More Fun
What to do? Vision Goals Plan/Strategy Create a Space to work in Create a routine & Get Stuck in
What to do? • Do a cash flow projection – – This will tell you how much time you can buy. 1. Calculate all your monthly outgoings. 2. Add 5% to for the unexpected. 3. Pay yourself this amount once a month.
Cash • A business can last a while without profit but it won’t last very long without cash.
“Nothing beats experience, but nothing enhances experience like education.”
Educate yourself • Sources of knowlege – Books – Internet • Blogs • Podcasts – Courses – Your Network
Who Moved My Cheese?
The Art of the Start
Educate yourself • Read blogs – Find blogs/bloggers that are • Like minded • Are knowledgeable about a field you want to get into. • Create your own blog • Write about what you know best. • Encourage feedback • Listen and act on this feedback.
Educate yourself • Podcasts – HBR Review – Business week – Behind the cover – RTE – the Business – TodayFM -Sunday business show – Knowlege @ Wharton – FT Digital Business
Networking - Online
Networking - offline • Open Coffee – Limerick, Cork, Dublin, Belfast, Galway, Waterford. – http://www.opencoffee.ie/ • Digital media island – http://digitalmediaisland.com/ • 121 marketing – – http://121biznet.com/blog/
Networking - key • Old view – Its not what you know, its who you know! • New View – Its not what you know, its who you knows what you know !
Networking – based on relationships • Build your network, but don’t forget to maintain it. • Contact people frequently, if only to ask “How are things?”. • Build based on Quality not Quantity.
Networking - Benefits • Access to expertise. • Mentors with sound advise. • Leads, referrals or even sales. • Keeps you sane, it can be lonely as an Entrepreneur. • There is safety in numbers.
Q&A quot;Judge of a man by his questions rather than by his answers.quot; —Voltaire
Contact Twitter: www.linkedin.com/in/markcahill @MarkCahill ConsultMark.ie/Blog (087) 9497083 MarkCahill@ConsultMark.ie
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Ben Curtis; Born: Benjamin Bowmar Curtis (1980-11-02) November 2, 1980 (age 35) Chattanooga, Tennessee, U.S. Other names: Dell Dude, Slacker Steve: Occupation
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