The Opes Group Lessons in Entrepreneurship
Agenda <ul><li>Introduction </li></ul><ul><li>Why – The Only Question You Need </li></ul><ul><li>Power Team and Mentors </...
Introduction <ul><li>Darryl Kraemer, MBA </li></ul><ul><ul><li>President, The Opes Group </li></ul></ul><ul><ul><li>Presid...
Why?
Why? <ul><li>Tenants  – why should they rent from us? </li></ul><ul><li>Lenders  – why should they loan us the money? </li...
Power Team and Mentors <ul><li>Don’t reinvent the wheel </li></ul><ul><li>Find a successful person in your field of intere...
Power Team and Mentors <ul><li>Overnight  sensations took years of preparation </li></ul>
Goals <ul><li>Why do 3% of Harvard MBA’s make  10x  as much as the other 97%  combined ? </li></ul>
Goals <ul><li>In 1979, interviewers asked the graduating MBA class the following questions: </li></ul><ul><li>How many of ...
Goals <ul><li>In 1979, interviewers asked the graduating MBA class the following questions: </li></ul><ul><li>How many of ...
Goals <ul><li>In 1979, interviewers asked the graduating MBA class the following questions: </li></ul><ul><li>How many of ...
Goals <ul><li>In 1979, interviewers asked the graduating MBA class the following questions: </li></ul><ul><li>How many of ...
Goals <ul><li>In 1989, they interviewed the same people and here are the results: </li></ul><ul><li>The  13% who had goals...
Lessons Learned <ul><li>Spend the time and money up front on a shareholder’s agreement </li></ul><ul><li>Interview your Po...
Resources <ul><li>Books </li></ul><ul><ul><li>Art of the Start, Rich Dad Poor Dad, Never Eat Alone, Hot Flat and Crowded, ...
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Lessons In Entrepreneurship

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This is a presentation that I gave to a high school entrepreneurship class. I loved their energy and how driven some of them were to make a difference.

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Lessons In Entrepreneurship

  1. 1. The Opes Group Lessons in Entrepreneurship
  2. 2. Agenda <ul><li>Introduction </li></ul><ul><li>Why – The Only Question You Need </li></ul><ul><li>Power Team and Mentors </li></ul><ul><li>Goals are Essential </li></ul><ul><li>Lessons Learned </li></ul><ul><li>Resources </li></ul><ul><li>Questions </li></ul>
  3. 3. Introduction <ul><li>Darryl Kraemer, MBA </li></ul><ul><ul><li>President, The Opes Group </li></ul></ul><ul><ul><li>President, The Ivy Parker Group </li></ul></ul><ul><ul><li>Completed MBA at WLU in 2007 </li></ul></ul><ul><ul><li>B. Math from UW in 1999 </li></ul></ul><ul><ul><li>Solution Architect for Agfa HealthCare, 9+ yrs </li></ul></ul><ul><ul><li>http://www.linkedin.com/in/darrylkraemer </li></ul></ul>
  4. 4. Why?
  5. 5. Why? <ul><li>Tenants – why should they rent from us? </li></ul><ul><li>Lenders – why should they loan us the money? </li></ul><ul><li>Investors – why should they give us their hard earned money? </li></ul><ul><li>Sellers – why should they accept our offer? </li></ul><ul><li>Realtor – why should they spend time looking for properties for us? </li></ul><ul><li>Always ask why, and then answer it! </li></ul>
  6. 6. Power Team and Mentors <ul><li>Don’t reinvent the wheel </li></ul><ul><li>Find a successful person in your field of interest, learn what they are doing and emulate them </li></ul><ul><li>Success doesn’t happen by chance, it is the result of good daily habits </li></ul><ul><li>If you keep on doing what you've always done, then you will keep on getting what you've always got. </li></ul>
  7. 7. Power Team and Mentors <ul><li>Overnight sensations took years of preparation </li></ul>
  8. 8. Goals <ul><li>Why do 3% of Harvard MBA’s make 10x as much as the other 97% combined ? </li></ul>
  9. 9. Goals <ul><li>In 1979, interviewers asked the graduating MBA class the following questions: </li></ul><ul><li>How many of you have no goals? </li></ul><ul><li>How many of you have goals, but have never written them down? </li></ul><ul><li>How many of you have clear, written goals and plans to accomplish them? </li></ul>
  10. 10. Goals <ul><li>In 1979, interviewers asked the graduating MBA class the following questions: </li></ul><ul><li>How many of you have no goals? 84% </li></ul><ul><li>How many of you have goals, but have never written them down? </li></ul><ul><li>How many of you have clear, written goals and plans to accomplish them? </li></ul>
  11. 11. Goals <ul><li>In 1979, interviewers asked the graduating MBA class the following questions: </li></ul><ul><li>How many of you have no goals? 84% </li></ul><ul><li>How many of you have goals, but have never written them down? 13% </li></ul><ul><li>How many of you have clear, written goals and plans to accomplish them? </li></ul>
  12. 12. Goals <ul><li>In 1979, interviewers asked the graduating MBA class the following questions: </li></ul><ul><li>How many of you have no goals? 84% </li></ul><ul><li>How many of you have goals, but have never written them down? 13% </li></ul><ul><li>How many of you have clear, written goals and plans to accomplish them? 3% </li></ul>
  13. 13. Goals <ul><li>In 1989, they interviewed the same people and here are the results: </li></ul><ul><li>The 13% who had goals , but didn’t write them down were earning, on average, twice as much as the 84% with no goals </li></ul><ul><li>The 3% who had clear, written goals were earning, on average, ten times as much as the other 97% put together! </li></ul>
  14. 14. Lessons Learned <ul><li>Spend the time and money up front on a shareholder’s agreement </li></ul><ul><li>Interview your Power Team and partner with the best (lawyers, accountants, specialists – mortgage brokers, bankers, realtors, property managers, property inspectors, etc…) </li></ul><ul><li>If you are the smartest person on the team, you are in trouble! </li></ul><ul><li>Get everything in writing </li></ul>
  15. 15. Resources <ul><li>Books </li></ul><ul><ul><li>Art of the Start, Rich Dad Poor Dad, Never Eat Alone, Hot Flat and Crowded, Made to Stick, Good to Great, The E-Myth Revisited, Secrets of the Millionaire Mind, 7 Habits of Highly Effective People, The 4hr Work Week, Think and Grow Rich, Tribes </li></ul></ul><ul><li>Audio CD’s </li></ul><ul><ul><li>Tony Robbins, Jim Rohn </li></ul></ul><ul><li>Blogs </li></ul><ul><ul><li>Communitech, Seth Godin, Tim Ferriss, YoungEntrepeneur.com, Guy Kawasaki, TechCrunch, TEDBlog, </li></ul></ul>
  16. 16. Questions

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