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Life after Dell?
My Story
B.D. (Before Dell)
 • I had a cert. in applied physics & electronics, with very little experience &
   knowledge.



A.D. (After Dell)
 • Left Dell with a BEng in Computer Engineering and a lot of experience &
   knowledge.
 • I have now completed MBA, run my own consultancy and have gained
   even more experience & knowledge.
Redundancy : 7 stages of grief

• Shock & Denial
• Pain & Guilt
• Anger & Bargaining
• Depression & Detachment
• The Upward Turn
• Reconstruction
• Acceptance & Hope
Redundancy : 7:stages of grief grief
Redundancy 7 stages of
Maslow’s Hierarchy of needs
                 Self
             actualisation


               Esteem



             Social Needs



             Safety Needs



          Physiological Needs
Job Vs Own business

Job                    Own Business
• Stable               • Turbulent
• Safe                 • Risky
• Predictable          • Unpredictable
• Visibility on cash   • Little visibility on cash
• Fun                  • More Fun
What to do?
Vision

  Goals

     Plan/Strategy

          Create a Space to work in

            Create a routine & Get Stuck in
What to do?
• Do a cash flow projection –
  – This will tell you how much time you can buy.
  1. Calculate all your monthly outgoings.
  2. Add 5% to for the unexpected.
  3. Pay yourself this amount once a month.
Cash Flow
Cash

• A business can last a while without profit but
  it won’t last very long without cash.
“Nothing beats experience, but nothing
  enhances experience like education.”
Educate yourself
• Sources of knowlege
  – Books
  – Internet
     • Blogs
     • Podcasts
  – Courses
  – Your Network
Educate yourself
Who Moved My Cheese?
Purple Cow
The Art of the Start
Educate yourself
• Read blogs
  – Find blogs/bloggers that are
     • Like minded
     • Are knowledgeable about a field you want to get into.


• Create your own blog
     • Write about what you know best.
     • Encourage feedback
     • Listen and act on this feedback.
Educate yourself
• Podcasts
  – HBR Review
  – Business week – Behind the cover
  – RTE – the Business
  – TodayFM -Sunday business show
  – Knowlege @ Wharton
  – FT Digital Business
Networking - Online
Networking - offline
• Open Coffee – Limerick, Cork, Dublin, Belfast,
  Galway, Waterford.
  – http://www.opencoffee.ie/
• Digital media island
  – http://digitalmediaisland.com/
• 121 marketing –
  – http://121biznet.com/blog/
Networking - key
• Old view
  – Its not what you know, its who you know!


• New View
  – Its not what you know, its who you knows what
    you know !
Networking – based on relationships
• Build your network, but don’t forget to
  maintain it.
• Contact people frequently, if only to ask “How
  are things?”.
• Build based on Quality not Quantity.
Networking - Benefits
• Access to expertise.
• Mentors with sound advise.
• Leads, referrals or even sales.
• Keeps you sane, it can be lonely as an
  Entrepreneur.
• There is safety in numbers.
Q&A

quot;Judge of a man by his questions rather than by
  his answers.quot; —Voltaire
Contact

   Twitter:
                            www.linkedin.com/in/markcahill
@MarkCahill



                ConsultMark.ie/Blog




(087) 9497083                 MarkCahill@ConsultMark.ie

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Life After Dell

  • 2. My Story B.D. (Before Dell) • I had a cert. in applied physics & electronics, with very little experience & knowledge. A.D. (After Dell) • Left Dell with a BEng in Computer Engineering and a lot of experience & knowledge. • I have now completed MBA, run my own consultancy and have gained even more experience & knowledge.
  • 3. Redundancy : 7 stages of grief • Shock & Denial • Pain & Guilt • Anger & Bargaining • Depression & Detachment • The Upward Turn • Reconstruction • Acceptance & Hope
  • 4. Redundancy : 7:stages of grief grief Redundancy 7 stages of
  • 5. Maslow’s Hierarchy of needs Self actualisation Esteem Social Needs Safety Needs Physiological Needs
  • 6. Job Vs Own business Job Own Business • Stable • Turbulent • Safe • Risky • Predictable • Unpredictable • Visibility on cash • Little visibility on cash • Fun • More Fun
  • 7. What to do? Vision Goals Plan/Strategy Create a Space to work in Create a routine & Get Stuck in
  • 8. What to do? • Do a cash flow projection – – This will tell you how much time you can buy. 1. Calculate all your monthly outgoings. 2. Add 5% to for the unexpected. 3. Pay yourself this amount once a month.
  • 10. Cash • A business can last a while without profit but it won’t last very long without cash.
  • 11. “Nothing beats experience, but nothing enhances experience like education.”
  • 12. Educate yourself • Sources of knowlege – Books – Internet • Blogs • Podcasts – Courses – Your Network
  • 14. Who Moved My Cheese?
  • 16. The Art of the Start
  • 17. Educate yourself • Read blogs – Find blogs/bloggers that are • Like minded • Are knowledgeable about a field you want to get into. • Create your own blog • Write about what you know best. • Encourage feedback • Listen and act on this feedback.
  • 18. Educate yourself • Podcasts – HBR Review – Business week – Behind the cover – RTE – the Business – TodayFM -Sunday business show – Knowlege @ Wharton – FT Digital Business
  • 20. Networking - offline • Open Coffee – Limerick, Cork, Dublin, Belfast, Galway, Waterford. – http://www.opencoffee.ie/ • Digital media island – http://digitalmediaisland.com/ • 121 marketing – – http://121biznet.com/blog/
  • 21. Networking - key • Old view – Its not what you know, its who you know! • New View – Its not what you know, its who you knows what you know !
  • 22. Networking – based on relationships • Build your network, but don’t forget to maintain it. • Contact people frequently, if only to ask “How are things?”. • Build based on Quality not Quantity.
  • 23. Networking - Benefits • Access to expertise. • Mentors with sound advise. • Leads, referrals or even sales. • Keeps you sane, it can be lonely as an Entrepreneur. • There is safety in numbers.
  • 24. Q&A quot;Judge of a man by his questions rather than by his answers.quot; —Voltaire
  • 25. Contact Twitter: www.linkedin.com/in/markcahill @MarkCahill ConsultMark.ie/Blog (087) 9497083 MarkCahill@ConsultMark.ie