My Library and Courses
Last Update: Friday December 15, 2017

Entrepreneurs do not wait for somebody else to do it...

The Re-Emergence of the Downtown

Libertyville_Illinois.jpg

Libertyville, Illinois: Discover how two men changed the face and the fortunes of a town. Pat Elmquest and Bill Sugars invested in their local community when no one else would. They dared to dream an impossible dream. The old downtown was virtually abandoned -- over 60% vacancy -- with pawn shops and the like.  Pat had bought a little pub; then with a $2 million loan, the expanded to make a brewery and restaurant... and the old downtown transformation was underway. They were true pioneers ...the visionaries.
 
Today, Libertyville is an award-winning historic business district.

These two entrepreneurs teach us about financing, about partnering, and about the restaurant business. But most of all, this is a story about two men. Both dropped out of corporate America. Bill and Pat cashed out after thirty years, and then they put it all at risk. Their wives thought they were having a delayed midlife crisis.

But the statistics were with them. They were over 40 years old.

Since we taped this story, Bill and Pat decided it was time to cash out and let the next generation take over.  Mickey Finn's Brewery is now owned by Brian Grano who was good customer, Bill's friend, and a neighbor -- he lives a couple of blocks away. The general manager is John Elmquest, Pat's son.  

Go to all the Key Ideas and Video...
Go to homepage for this episode...

A segment called "The sliver of genius"

...was part of the earliest broadcasts back in 1994. We slowly began to realize virtually every successful business is built on that special focus. And, yes, all these people are recommended by their community for their integrity and by their industry for their creativity and courage. Our national sponsors from IBM, USPS, Verizon, Microsoft, D&B, and others have paid for everything.


Nobody can pay or has every paid to be on this television show

They take on the next big challenge.  They go after their biggest dreams. If you are feeling a little burned out, if you don't have your early passion, take a moment, watch a video. Rekindle the fire.
REGISTER, then Search or click back through 100s of episodes   Go to the prior homepage.



Featured videos... 

Liberty_on_the_4th.jpg
       Prepare for the 4th!

Start a Business

July 4th: Prepare for the really-real revolution of ideas!
1.  Dream, then take action to be financially independent
2. See ownership as your calling
3.  Give up titles and trappings (All the key ideas)

Go to the homepage. The Bill of Rights (on freedoms) and the US Constitution (on responsibilities) inspired a nation to incorporate new businesses and aspire to make the world a better place.  It is still a revolution.

Just getting started? Consider this Reality Check.

Q: How do I get started? 26 answers

KenDoneBrushes.jpg
  A Master Class for Business

Grow a Business
4.  Live, Breathe, Eat, Sleep Your Work
5.  Put Creativity on a schedule    (All the Key Ideas)
6.  Establish a dialogue with your customers

Go to the homepage of this episode about the evolution of the Done Galleries and enterprises.  Meet the family.

Tools to help you grow. Use this one and you can become a Malcolm Baldridge Award-winning company.

Q: How do I keep repeat customers?  46 ans.

NicoleMillerRunway.jpg
     Summer fashion show?

Buy a Business
Go shopping! Enjoy the cooler air of the shopping mall!
7.  Create a win-win
8.  Sell happiness
9.  Stumble into millions (All the Key Ideas)

Go to the homepage of this episode to meet Bud Konheim and his partner, Nicole Miller.  They bought out a very small division of a conglomerate.  Then they built it into a fashion magnet and an empire.

Q:  How do I buy a business?  38 answers

Chocolate.jpg
    French Laundry chocolate

Sell a Business
10.  Learn from your mistakes
11.  Take on investors, dozens of them!
12.  Keep dreaming  (Key Ideas)

Go to the homepage to meet Chef Thomas Keller. He was broke when he bought The French Laundry.  He got 40+ investors to buy in so he'd have the cash to launch. Today, his recipes are revolutionizing fine dining.

Q:  Who is the best buyer?  9 answers