GPS For EntrepreneursNavigating & Rerouting the Journey

The Transformation

Who Are You?

• What is your name?• Why do you want to be an entrepreneur?• Have you started a business yet?• What is your biggest fear/challenge with

entrepreneurship?

Who Am I?

Choose Your Starting Point

Choose Destination

• “Option” to retire within 15 years• Lifestyle Design & Financial

Freedom• With starting point and

destination, draw initial planned route

Initial Map: Navigate to Stock Market

• Graduated from college• Got a “Professional Job” @

Paychex• Began investing in stock market

Failure

• Even after hundreds of hours of reading and studying the market, I lost money

• Realized that I would not be able to retire within 15 years

Rerouting: Real Estate Investing

Failure & Fear

• Didn’t purchase a duplex

• Ariana was afraid• Several tough

conversations• I spent $15,000 on

real estate “training”

Property Analysis: Duplex

Purchase Price: $30,000Down Payment: $6,000Monthly Rents: $1,000Monthly Expenses: $500 (Estimate)Monthly Mortgage: $180Monthly Cashflow (Profit): $320

Rerouting: Real Estate Investing Round 2

Rerouting: Black Rhino Consulting

• Started IT/Small Business Consulting Firm

• Began my Master’s @ Naz• Continued Purchasing Real

Estate

Failure: Selling Black Rhino Consulting

• Evaluated after 2 years• ROI on time and

money • Made decision to sell• Real estate bubble

burst

Rerouting: Wine & Liquor Store

Pause: A Much Needed Break

• Just like any long trip, sometimes need to take a break

• In 2013, we decided to take a break and enjoy life

• Spent time with family and optimizing our businesses

Rerouting: Online Marketing/Coaching

• New focus: help others achieve success

• Another stream of income

Looking Back: A Recap

Lessons Learned

1. Understand your “Why”2. Talk to your significant other.3. Understand it takes hard work and dedication.4. Business and goal planning are essential.5. Systematizing and outsourcing are essential for

growth.6. Continue learning and networking.7. Start today.8. Failure will happen. Prepare, accept and overcome.

Next Steps For Us

• Sylvester Enterprises: Continue acquiring property

• Warsaw Wine & Spirits: Grow inventory & revenue, expand

• Entreprenewlyweds: Continue coaching and developing informational products/courses

Notes, Summary & More Information

www.entreprenewlyweds.com/naz

Free Book Giveaway

• First person to say how old my daughter is gets a free copy

• Also available for $13 on Amazon

Thank You!

tom@tom-sylvester.com