Come, dream higher with me.

by michael 14. September 2010 14:55

Something ventured, something gained. But not what you think!
Two weeks ago, the phone rang. It was a business colleague I admire. He’d been reading my blog, and wanted to get together and discuss a venture he was working on.  

Intrigued and excited, I met with him over an afternoon beer.  He told me about a project that he and a few partners were working on. I believe his sole objective was to get my perspective – and to have a new set of eyes review his project. We talked for an hour, we brainstormed, I offered some opinions, and then we returned to our offices.

I really enjoyed that meeting.  In fact, I left the meeting feeling very excited. Why? First, I was excited for my friend. I was excited that he had invited my opinions on his project. I was grateful that he has so much respect for me, he wanted to hear my comments.  

None of this excitement had anything to do with personal gain.  You see, I made it very clear that I am not an investor or a venture capitalist, and I wanted nothing in return for my time and ideas.  I wasn’t looking for 10% of his company, or for options, shares or the possibility of gaining anything in the future from his success.  For me, I was happy enough just to sit with him for an hour, and to be working within my unique ability.  

My unique ability. Your potential asset.
My unique ability is a talent for dreaming…inventing…creating business ideas…and working with people as their ideas come to fruition, and turn into profitable companies. When I thought about our meeting, I realized I wanted more opportunities to exercise this creative ability.  Brainstorming business ideas doesn't feel like work to me – it exhilarates me -  and I often lose track of time. Hours can go by and I sometimes don’t realize it.  

The coolest part is that the feeling is the same, whether I am working on one of my ventures or on someone else's.

So, I have an idea.  I am going to start an entrepreneurs' round table. Eventually I'll need a better name than that, but that's not important now.  What is important is the basic structure of this alliance I'm envisioning. I will organize monthly meetings of like-minded entrepreneurs – we can get together someplace comfortable where we can eat, drink and have privacy to talk freely.

Just a couple of Golden Rules...
The rules will be quite simple.  All current or potential entrepreneurs are invited to participate. There will be no confidentiality agreements and no non-disclosures.  There will be no investment opportunities, and no one can ask for venture capital from other group members.  We will trust each other with our ideas – everything is held in confidence, on an old-fashioned honor system.

We will listen to each other's ideas, projects and obstacles.  We will all offer advice, exchange ideas, and work together to bring new ideas to the table.  The only requirement is that you come with your idea.  It can be just an idea, or it can be an existing profitable company.  Our objective is to build a network, a support group and to gain each other's trust as advisors for a long-term relationship.


…and an eye towards your future.
I don't have any other details worked out yet. At this point I'm anxious to see what levels of interest l might have - I'd like to start with a minimum of 3 or 4 people. If you want to be a part of this, get in touch with me.  Email, call, text, Facebook, even send an old fashioned smoke signal if you have to, but don't miss out on the opportunity to take your creation to the next level.  

Come on! Come dream higher with me!

Share/Bookmark



                       Follow michaelpmills on Twitter

Tweet, Tweet

Very Amateur Photography

michael.mills - View my recent photos on Flickriver

I am the creator of MyRecyclingReports.com, the CEO of MCC Recycling Services, a public speaker, a serial entrepreneur, a father and a gentlemen mariner.

I think the entrepreneurial code has been programmed into my DNA since birth. Like most entrepreneurs I have a long list of failed ideas, short lived companies and other various businesses experiences that date back to the single digits of age. One of the more comical ones happened when a buddy and I decided that we should start a maintenance company for one of the retirement communities in our hometown. Cell phones weren’t popular yet so I put my beeper number on a flyer and distributed it to the residents in the community. Within about an hour we had our first “beep”. Turns out the existing maintenance division wasn’t too pleased with our new venture. Including the time to print the flyers in my mom’s basement, I think we were in and out of business in about 12 hours.

Join me on the water one afternoon and I’ll tell you about a dozen or so other stories like this, all ending with the same result. However, I think it really started to get serious back in 2001 while attending the University of North Carolina at Charlotte. I managed to pass eight semesters of technical and mathematical classes while earning a B.S. in Mechanical Engineering with a Minor in Mathematics. By sophomore year I had I launched my first recycling company and eventually my second. By junior year both were belly up, I was out of money and tired of running a start-up.

I graduated in 2003 moved back to NJ and accepted a salaried engineering job. It was more of a civil than mechanical job and the salary sucked but they had a very unique offering. The company served a wonderful catered breakfast and lunch every day at no charge. New job, new suit and free lunch, I thought I was ready to start a career. I lasted about 4 hours before becoming depressed and by 5pm on day number two I had quit.

Instead I surrendered to my real passion, starting and running businesses. I launched my third recycling business, MCC Recycling Services and haven’t looked back since. The success we are having is staggering. We run extremely lean, have a very healthy gross margin, innovate daily and turn a profit. We’re growing at a very steady 20% each year. I attribute most of our success to being obsessed with customer service.

In 2005 I created HullScan, LLC. It was destined to be the next generation of non-invasive inspection for boat hulls. Apparently a great idea with poor execution won’t take you very far. I still regret letting that one die.

In 2010 I’ve created MyRecyclingReports.com. It’s an online web application designed for recycling companies around the country. A large part of this blog will be dedicated to the build of this new venture.

I boat, I fish, I live to eat sushi that’s only hours old. I love to ski and I’m learning to golf. I have been blessed with an amazing son. I am 29 years old.

Email me for speaking, interviews, anything.