Gearing Up For Fast Growth
50Mogul Kicks Into High Gear
There are a few strategies to becoming an Emerging Growth Mogul.
Become A Mogul From Scratch
Come up with or acquire a great idea or technology
Write a fast growth business plan
Hit the streets for equity financing
Become A Mogul Via An Existing Company (Part I)
Come up with a great idea or technology
Write a fast growth plan
Spin it off from the parent company, along with some equity financing the parent has been all too happy to provide!
Become A Mogul Via An Existing Company (Part II)
This time you turn the entire firm into an emerging growth story.
Come up with a great idea or write a fast growth plan to target a new growth market.
Or maybe you create a plan to buy up several competitors to create a larger faster growing firm.
I'm sure you can think of one or two other ways. But you get the point.
The Looney Executive Mid-Atlantic Emerging Growth Series features emerging growth Moguls covering all of these strategies.
One of them is Rick Lally.
Rick is the CEO of a tech firm called Oceana Sensor. The firm, based in Virginia Beach, VA, provides sensors that operate on WiFi networks. WiFi is a fast-growing wireless technology.
In our interview, Rick discusses how Oceana was spun off from a family-owned enterprise that featured several of his siblings.
Now that Oceana is doing a few million in revenue, Rick is ready to jump into fast-growth Mogul mode.
And if being Head Mogul at an emerging growth firm isn't enough, he's also the Chairman of the Hampton Roads Technology Council. The HRTC by the way provides assistance to help tech firms warp speed into emerging growth mode.
Rick also discusses his favorite business book, "Crossing the Chasm". This book has helped him and other Idea Moguls to bridge the gap between conceiving a great idea and turning it into a moneymaker.
To hear Rick's compelling story and learn about Oceana Sensor, and the Hampton Roads Technology Council, you must listen to The Looney Executive Podcast Series!
And don't forget, there's more info about moguls at The Looney Executive Web Site!
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