Art is a successful entrepreneur in that he started his initial business called TeamTech back in 1995, and he was able to build it and then sell it when a Public company acquired the firm after only 6 years.
Now Art is leading his second business, AllianceTech.com, and growing it successfully.
A key value for this next business comes from the lessons learned from his first venture (which are now starting to pay off for him now).
What are they?
Well, they are explained in this audio episode — especially in the areas of finance and capitalization, getting good people for staffing the organization, and focusing on the right core business opportunities with the proper customers and an aggessive Business Development plan.
Art also recommends that aspiring entrepreneurs read the book by Michael E. Gerber called The E-Myth Revisited. He feels that there is enlightenment in understanding the roles that an entrepreneur has, as well as the fact that a solo-preneur will eventually learn that he cannot do it all alone as his business grows — and that he must trust and delegate to others.
Thus, this is a good summary from one entrepreneur who was successful in growing and selling his first business, and now is on the road with his next venture to meet –and exceed– his objectives. As Art mentioned, an exit strategy that he holds is to be more selective about the partnership interest in the process of possibly being acquired once his business has grown to be attractive for other firms.
Art Borrego’s firm provides value in the preparation, execution and post-event marketing support and customer follow-up and marketing / nurturing in the area of events and conferences. You can find out more about the services offered at www.alliancetech.com.
You may contact Art at
aborrego @ alliancetech.com (to prevent spam)
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