Vice President/ Marketing Executive/ Entrepreneur Incubation Partner

Opportunity Description:

 

Our organization is a recently established marketing and ?business incubation? firm. The founder and his partner are seeking a third partner with 7+ yrs of traditional marketing experience (mini-media and/ or ?guerilla? marketing) to join the business as an equity (non-salaried) partner.

 

The founder has 20 years of business experience, to include, experience as a management consultant, as a senior and executive level sales manager, as a real estate investment sales manager, as a vice president level finance manager, and as a lawyer. The founder?s partner possesses a PhD with 10+ years of business experience and extensive success as an entrepreneur and web marketer.

 

The founder is seeking a second equity partner who, preferably, will be willing and able to share in the business startup costs as well as future profits. However, an individual who is seeking a salaried opportunity will be considered, if an ideal equity partner cannot be found. The expected setup cost should be approximately $6,000- $10,000 for each of the three partners, over a six month period. Further, it is reasonable to expect that six months will pass before a transaction pipeline can be developed; however, annual incomes for each of the partners should easily exceed $200,000/ year, once the business is running.

 

The organization will create a core business structure, essentially a ?marketing and incubation engine,? that shall allow it to build, staff, and manage multiple small businesses simultaneously. The premise of the core business structure or ?marketing and incubation engine? is that the same guerilla/ mini media marketing systems, business systems, and management training can be used to develop and support multiple startup businesses. One business will be started at a time and after a client flow is developed, a model business system is installed, and a staff and manager are hired, we will begin incubating the next business. Specifically, the marketing organization will use the skills and resources of the principals and the core engine to develop a customer pipleline for the first project (project A); then, the partners will develop and implement an operation model for this project (ie. checklists of required activities, operations flow charts, what to say, how to do x,y, and z); next, the team will slowly hire and train staff and a manager to operate the business model created; and finally, the team will oversee the installed management of the project, and it will utilize the marketing engine to continue to drive business for the project. In short, we intend to ?Build it, Staff it, and Manage it.? Eventually, through the joint incubation efforts of the principals, our startup businesses are intended to develop into relatively self sustaining separate entities (ie. businesses that can be managed by the numbers). After the first project is running and stabilized, Project B can begin. The first project is already underway and it is a commercial real estate intermediary organization.

 

It is preferable that interested individuals live in Illinois; however, a resident of another state who can propose an acceptable way of participating will be considered. It is possible to join the organization on a part time basis 20-30 hours a week, as long as it will be possible to convert to full time commitment, following the closing of our first few transactions (approximately 6 months after beginning), and as long as the individual is accessible during the day and consistently meets time commitments.

 

The following are the skills required and desired:

 

Experience & Skills Required:7+ years of marketing and sales experience (preferably with substantial mini-media and guerilla marketing skill).Ability to write wellExperience managing people and being managedSuccess working as part of a team: Collegiate or high school athletics or previous team oriented business successes.Some entrepreneurial experience is preferred but is not required.Real estate finance experience is preferable but is not required.

 

Attributes Required:

 Confident & Accomplished Individuals Who Can Also Be Humble: the prospective partner should be able to ?leave his/ her ego at the door? and be willing to have an ?all hands on deck? approach to building the business with other partners. That is, the individual should know what areas he is best at and be prepared to lead or co-lead in those areas, but he should also know where other partners are more experienced and be humble enough to listen and follow in such areas.Communication Skills: must be able to communicate effectively and, preferably, to write well.Leadership: must be able to both lead and follow. The individual will lead some tasks and follow in others.Reliability: individual must be able to respond to inquiries and partner communications the same day (with some obvious exceptions).Loyalty: individual can?t participate in multiple different potentially conflicting ventures.

 

Current Employment of Partner Candidates: One of three types of individuals will generally be a good fit for the described partnership opportunity. In short, the individual sought cannot be so busy making a ?good living? that he will be unable to commit the time necessary to pursue a great goal and great income.

 An individual that is currently unemployed and between jobs. This individual should only pursue this opportunity if he is willing and able to comfortably sustain himself for approximately 6 months without income (or with part time employment) and who can, simultaneously, afford the aforementioned capital investment. In addition, the individual cannot be job hunting at the same time.

 A management level employee who is currently managing a ?semi-autopilot? office or division and is actively looking for a much better opportunity. This individual is lucky enough to have a management structure and staff that allow him a fair amount of time and schedule flexibility. As a result, he will be able to commit approximately 20-30 hours a week, to commit to this business, between weekdays and weekends. This category of individual does not usually arrive home tired from a ?hard day?s work,? and has the ability to comfortably work a few hours during the evening to meet his weekly time commitment.

 A self employed individual whose business in on ?semi-autopilot?; that is, this individual can spare 20 -30 hours each week for six months without jeopardizing his business because he has a sound business structure and managers that enable him to focus at least 20 hours a week on other non maintenance oriented activities.

 

Desired Education & Attributes:Graduate degree is desirable: MBA or Phd

 

Securing the Quality of the Match: In order to secure the effectiveness of the prospective partner relationship, the following is a list of items that will be required to be shared between prospective partners once there is an initial interest in a prospective partner and once he expresses a similar interest in the opportunity:Sharing of credit scores of all partnersSharing of professionally conducted personality profiles: this will better enable all concerned to determine how the individuals will be able to work together.Sharing of basic criminal background checks.Willingness to enter into a non-compete concerning the business that the organization is transacting.

 

Contact: Please submit resume with an indication of whether you are seeking to work in a salaried capacity or in an equity partner capacity. In addition, please provide a (1) one paragraph explanation of why you would prefer to work with others in a partnership rather than alone, and (2) an additional paragraph concerning why you are exploring moving away from your current career path toward this opportunity.

 

Email: lamatuc@core.com