Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Career Day

1,495 views

Published on

Presentation re: being an entrepreneur for Career Day at Johnston High School.

  • Be the first to comment

Career Day

  1. 1. Career Day<br />Red Lantern Group, LLC<br />Jean M. Baker, J.D.<br />November 19, 2009<br />
  2. 2. Introduction<br />Who I am<br />What I do<br />Where I work<br />When I work<br />How I work<br />Why I chose to be an entrepreneur<br />How do you know if you are an entrepreneur?<br />
  3. 3. You Might Be an Entrepreneur if. . .<br />You break out in hives at the thought of someone else controlling your time, money and work assignments.<br />
  4. 4. You Might Be an Entrepreneur if. . .<br />You think of big corporate offices as human filing cabinets.<br />See the resemblance?<br />
  5. 5. You Might Be an Entrepreneur if. . .<br />How the heck did we get up here?!!<br />Your leadership qualities would enable <br />you to successfully herd cats!<br />
  6. 6. You Might Be an Entrepreneur if. . .<br />Your self-confidence level would make Donald Trump look like “poor, stuttering Professor Quirrell.”<br />
  7. 7. You Might Be an Entrepreneur if. . .<br />When someone gave you a Rubik’s cube, you didn’t put it down until you had solved it – forgoing food, sleep and hanging out with friends.<br />
  8. 8. You Might Be an Entrepreneur if. . .<br />You do not understand the phrases, “let’s just play for fun,” or “let’s not keep score.” You always want to win, even if it’s just a game of Candyland.<br />
  9. 9. You Might Be an Entrepreneur if. . .<br />People call you MacGyver, because of your resourcefulness and creativity.<br />
  10. 10. Educational Requirements<br />Depends!<br />Professional business (e.g., law firm, psychology firm, etc.) requires licensing<br />Consulting may not require licensing or particular degrees, but may be easier to get work if you have these<br />“Been there done that”<br />Other businesses may not require any type of degree<br />
  11. 11. Advantages and Disadvantages<br />You get to make all the decisions <br />You decide when, where and how you work - flexibility<br />You control how much money you make<br />You have to make all the decisions<br />No one there to tell you what to do; requires self-discipline<br />You can’t “depend on” a salary, benefits, etc.<br />
  12. 12. Social Media –Beyond Facebook <br />Facebook<br />Fan pages<br />Careful what you post!<br />LinkedIn<br />Twitter<br />Blogs<br />Please – no profanity!<br />Web-site<br />
  13. 13. What Does it Take?<br />Do something you are passionate about<br />Know your preferred work style, strengths and weaknesses<br />Be disciplined. Be focused. Do quality work.<br />Appearance, presentation<br />Understand that it can take time to build a successful business<br />Use your resources<br />Continue to learn<br />Ask for help!<br />
  14. 14. Legal Issues<br />LLC, S-Corp, C-Corp, sole practitioner<br />Register name of business (Not the same as obtaining a domain name for your web-site)<br />Tax ID number<br />Separate business bank account<br />Hire a competent attorney to set up your business!<br />
  15. 15. Resources<br />Small Business Association (“SBA”)<br />SCORE<br />Association of Business and Industry<br />Industry Specific Associations<br />Other (e.g., NAWBO, Chambers of Commerce, etc.)<br />
  16. 16. Obstacles and “Failure”<br />Yes, there will be obstacles<br />Yes, you will sometimes fail<br />Yes, you will sometimes need to get a “job” to stay afloat<br />That’s FINE! Just keep trying, keep working and keep getting up<br />
  17. 17. Your Business is Your Responsibility!<br />http://www.212movie.com/<br />
  18. 18. Questions/Comments<br />Jean M. Baker, J.D.<br />President<br />Red Lantern Group, LLC<br />515.327.5966<br />www.redlanternllc.com<br />jbaker@redlanternllc.com<br />

×