Tuesday, September 24, 2019

Ren Carlton's Book - Profitpreneurship: Creating a Business that Produces Outstanding Financial Results

Whether a company is driven by sales, operations, or that app/widget that everyone must have, success is still measured by the bottom line: profits. In Profitpreneurship: Creating a Business that Produces Outstanding Financial Results, entrepreneur Ren J. Carlton shares his extensive knowledge about how to create a business and the steps that must be taken to guarantee its success. Topics covered in this book includes understanding the basics of business development and setting goals, budgets and the importance of dashboards, maximizing the potential of employees, smart financing, and accountability, Carlton's concept of Profitpreneurship makes sense...and results in higher profits. Founder of Dynamic Advisory Solutions (DAS), Carlton introduces his DAS Profit Process, developed by the author to guide companies toward financial growth. The result is a straightforward guide that explores every element pertaining to the expansion of a company's profitability.

Table of Contents – Profitpreneurship

Introduction Creating a Profit-Driven Business
Chapter 1 The Case for Profitpreneurship
Chapter 2 Budgeting – Setting Powerful Targets
Chapter 3 Dashboards – The Numbers That Drive Your Business
Chapter 4 Employee Scorecards – Maximizing Employee Performance
Chapter 5 Cooking the Books – Helping Your Business Shine
Chapter 6 Financing – Securing the Cash Your Business Needs
Chapter 7 Financial Management – Building Your Profit Team
Conclusion Time to Execute!

Click here to purchase your copy of Profitpreneurship today! 


Ren Carlton

Ren Carlton has spent his career starting, growing, selling, and funding businesses. After graduating from Oakland University, Ren earned his CPA license and served as the CFO of a Tier 1 manufacturing company. His passion for business led him to leave his CFO position to pursue several entrepreneurial opportunities. Ren now actively funds, launches, grows, and sells businesses. One of his key business priorities is to encourage and help entrepreneurs pursue bold, fearless goals. Along the way, Ren hosted an award-winning business radio show and wrote Profitpreneurship: Creating a Business that Produces Outstanding Financial Results, which introduces the DAS Profit Process, a methodology he developed to help guide companies towards financial growth. Ren has served on the Michigan Association of Certified Public Accountants ethics task force, and as a director of the Detroit chapter of the Entrepreneur’s Organization and the Troy Community Foundation. Ren is a frequent presenter to various business groups throughout the United States.

Career Summary

During his career Ren has started and managed four successful businesses. In 2000 he launched Dynamic Advisory Solutions to address the need that businesses large and small have for expert financial support services on an as-needed basis.  Most of these companies have small and unsophisticated accounting departments, frequently just a single individual, to meet the financial management requirements of a growing company. In 2014 Ren launched Rencat, a marketing firm that provides effective, efficient and simple marketing services to small companies. Ren’s team manages a full spectrum of services, from marketing plan development and asset creation, to plan implementation and performance assessment. The following year, Ren entered the medical industry when he founded the Michigan Physician’s Society. MPS offers physicians advice on how start, grow, and sell their medical practice. MPS also represents physicians that pursue business opportunities outside of practicing medicine. Ren launched his most recent venture, Omega Accelerator, in 2016. Omega Accelerator stimulates economic growth and job creation through angel investing. 

Accolades include:

Ren J Carlton
-Leader and Innovator by Lawrence Technological University – 2014
-Crain’s Detroit Business Magazine “40 Under 40” award – 2012
-DBusiness Magazine “30 in Their Thirties” – 2011
-Corp! Magazine “Best of Michigan Business” (Dynamic Advisory Solutions) – 2009
-Small Business Council of America, “Best of Business” (Dynamic Advisory Solutions) – 2009
-Corp! Magazine “Entrepreneur of Distinction” – 2008
-Small Business Administration (SBA) “Small Business Journalist of the Year”; Business Realty Network – 2007

He has achieved fundraising successes in the following business sectors:
-Aerospace
-Art
-Automotive
-Defense
-Dental
-Education Ed-Tech 
-Industrial 
-International
-Engineering and Design
-Finance Fin-Tech
-Franchise
-Healthcare
-International
-Logistics
-Manufacturing
-Real Estate
-Service
-Staffing 
-Technology
-Tool and Die
-Art
-Insurance

Ren offers funding skills in these areas: senior debt, mezzanine debt, SBA loans, family offices, private equity, venture capital, angel investors, pre-seed, seed capital, bridge, Series A+, exit.  He is familiar with Regulation A (Reg A), Regulation D (Reg D), Private Placement Memorandums (PPM), crowdfunding, initial coin offerings (ICO), Initial Public Offerings (IPO), and privately held securities

Interests Include: 

Interests include healthcare, technology, artificial intelligence (AI) and machine learning, crypto-assets including crypto-currency and bitcoin, blockchain, esports, mobile technologies, healthtech, internet of things, apps, fitness, media, entertainment, gaming, art, music, podcasts, social media, fashion and design, natural language processing, voice user interface technologies, cyber security, edtech, education, online marketplaces, cannabis, insurance, fintech, financial services, distilleries, and breweries.

Keeping a pulse on industry trends and leaders is a key priority for Ren. He sources valuable information and insights from a wide variety of organizations, including Ernst & Young, Google, Deloitte, Price Waterhouse Cooper, Apple, The Wall Street Journal, University of Michigan, Wayne State, Funds for Projects., Inc., and Angel Investor. For inspiration, Ren tracks the activities and content of prominent thought leaders like Jack Welch, Simon Sinek, Tony Robbins, Tim Ferriss, Mark Cuban, and Richard Branson.

Ren is a proud father of two children. His hobbies include golf, tennis, poker, and chess. Ren is also an avid traveler with a long list of trips planned for the future.



Do you need help developing your pitch and fundraising strategy? Click here to schedule your one-on-one planning session with Ren Cartlon.



Learn more about Ren Carlton as his latest venture, Omega Accelerator, through the following links:


https://www.linkedin.com/in/rencarlton 
https://rencarlton.blogspot.com
https://twitter.com/RenCarlton
https://omegaaccelerator.com/
https://www.facebook.com/TheOmegaAccelerator/
https://www.instagram.com/omega.funding/
https://rencarlton.blogspot.com/2019/09/funding-session-with-ren-carlton.html

Wednesday, September 18, 2019

Why Angel Investors Fund Startups

I have been an entrepreneur in one form or another since I was a teenager. Despite the odds, entrepreneurship has provided me an amazing life. The benefits of being an angel investor and founder go well beyond money.  This includes freedom, flexibility, access, adventure, swag, entertainment, education, notoriety, and more. However, entrepreneurship can also require a lot of time, money, and risks. How can you enjoy the benefits of entrepreneurship and avoid these drawbacks?

You may want to consider becoming a part-time angel investor. According to recent statistics, Angel Investors invest about $25 billion in 70,000 companies every year just in the United States alone.

Because of the new crowdfunding rules, almost anyone can make angel investments.  Generally speaking, however, angel investors have a high net-worth and are looking to invest in equity of a business. Sometimes angels are part of angel investing groups. Others simply possess knowledge about private companies and want to put it to good use.

Below are some of the types of people that invest in startups and small businesses.

Investors Looking for an Extraordinary Return on Investment (ROI)

According to Techcrunch.com, angel investors can expect to earn a gross multiple of 2.5X their investment in about four years. That is a 250% ROI. Investors that are comfortable with the risks of angel investing may be able to enjoy this type of return.

Seasoned Entrepreneurs Who Want to Mentor

They relish in the idea of being a mentor to the younger generation of startups. If you have the income and you want to make this type of impact, consider making angel investments.

Business-Minded Entrepreneurs Who Want to Network

If you’ve made it far enough in your professional career to have the time and money to consider investing, then you are probably already pretty good at networking. Angel Investors take this to the next level. You can gain unique opportunities to network with people from a totally different perspective. When you are at a networking event, people will find you to pitch ideas.

Those Who Care About Innovation

High-tech angels often care just as much about ROI as they do about introducing high-tech and innovative solutions into the world. These investors might even care more about the mission or impact of a company. If you want to make a difference in the world of medical tech, fintech, or any other industry that has the potential to make a huge impact, then you should consider making angel investments.

Looking for Something New

Angel Investing is an easy way to give you access to the world of entrepreneurship. This often includes access to new ideas, events, and opportunities. Boredom was one of the reasons I quit my job as a CFO to become a full-time entrepreneur. I have not been bored a day since that decision!


Are you interested in becoming an Angel Investor?  We can help!  Contact us today,  Info@omegaaccelerator.com





Sources:
https://www.genglobal.org/united-states-gban/new-research-individual-angels-provides-insights-startup-ecosystem


Disclaimer:  This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service.  We are not offering any legal, investment, tax, or medical advice.  Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties.  All stories are based on true events, but are altered to protect the identity of the individuals involved.