Seattle Entrepreneurs Message Board › Seattle Entrepreneurship Club 2/28 (Tue) Event: Switching between Entreprene
Feb 28th, Switching between Entrepreneur and Professional Manager
Many would‐be entrepreneurs have good jobs and a steady income to support their families and loved ones. While being an entrepreneur is a tempting value proposition, there is no guarantee that a start‐up will pan out. What are the options for the professional‐turned‐founder if the startup fails. What is a good strategy and process for switching back and forth between entrepreneurship and a “9 to 5” job?
This presentation will address the following issues:
· Entrepreneur or Enterpriser
· Career Development Diagram
· Opportunity cost
· Self‐Discovery process to understand who you really are (strengths and weaknesses, likes and dislikes, self-motivation and values)
· Articulating, building and accumulating your own brand, core assets and skills
· Strategy for building a sustainable and transferable life‐skills portfolio
· Developing your core skills – Depth vs. Breath
· Controllable and Uncontrollable variances impacting your career
· Managing your changing needs and expectations over time
· Building your network and not burning any bridges
Time: 2/28/2012 (Tue) 6:30-8:30pm
Location: Room 1E-112, Bellevue City Hall
Cost: Free for SEC members
· 6:30-7:00pm Check in and Social
· 7:00-8:00pm Lecture and Q&A
· 8:00-8:30pm Close-up
Yi Ping (Y.P.) Chan, Principal of Chanden Inc.
Y.P. has over 20 years of experience in business turnaround and restructuring, entrepreneurship, venture capital, JV and acquisitions in USA, Greater China, Japan and Korea. He specializes in strategy, operations, business/financial modeling and infrastructure building. He has management experience in running companies that range from start-ups to a small public company listed on the American Stock Exchange. He has had P&L responsibilities of US$70 million and raised over $50 million in capital for various companies.
Y.P. has started three companies with one successful exit, one still operating, another closed with funds returned back to investors. He also took a small IT consulting/software company from 15 to 70 people in one year, increased revenue and profit three times, raised US$5.5 million and successfully exited it two and half years later. In addition, he has worked and consulted with over 30 start-up and early-stage companies in various capacities over the past 20 years.
Y.P. is currently a founder and principal at Chanden Inc. focusing on investment and business advisory services primarily in Greater China and the United States. His consulting work has included cross-border deals and projects with electric vehicle and solar product start-ups, restructuring and bankruptcy advisory with an OTCBB Chinese company, restructuring of a Korean manufacturing group based in China, cost reduction for 300K ft2 warehouse in Seattle. In addition to his client work, Y.P. is Executive Director of the Wangdao Management Program (www.wangdaomp.org).
Y.P. was the Interim CEO, COO, and Director of a small publicly listed US company where he spent four years engaged in business turnaround and restructuring. Prior to that, he was Chief Strategist and Interim CFO for an IT consulting company in Hong Kong and was co-founder of a technology transfer company specializing in the health care sector. He also held a senior management position with a Hong Kong based venture capital and technology holding company with operations in Hong Kong, China and the US. Early on in his career, YP worked for AlliedSignal (now Honeywell) doing M&A and JV in China and Japan, and he started his career working as an engineer for IBM and TRW in the USA.
Y.P. obtained both his MBA and MSEE degrees from Columbia University under IBM sponsorship and his BSEE (magna cum laude) from Polytechnic University in New York. He was a member of the Young Entrepreneurs' Organization, serving as a board member of the Hong Kong chapter in 2002 and 2003. He also served as a development advisor and associate for the Global Chinese Business Initiative at the Wharton School, University of Pennsylvania from 1998 to 2001. He was an Advisory Board Member of The Global Business Center at the University of Washington Foster School of Business in 2011.
Y.P. is a frequent speaker and guest lecturer on topics such as doing business in China, entrepreneurship, restructuring and turnaround, clean technologies and career planning at events hosted by US Department of Commerce, Greater Seattle General Chamber of Commerce, Greater Seattle Chinese Chamber of Commerce, Asia Business Round Table, Columbia, Darden, Wharton Business School, University of Washington Foster School of Business, as well as Chinese University in Hong Kong and The Hong Kong University of Science and Technology. Y.P. was featured or quoted in interviewed by The Wall Street Journal, Asia Wall Street Journal, Columbia Business School Magazine, Chief Executive Magazine, South Florida Sun-Sentinel, Worldcity Magazine, SmartBusiness, and Hong Kong General Chamber of Commerce Magazine.
Born in Guangdong, China, Y.P. reads and writes both traditional & simplified Chinese, speaks Cantonese, Taishan and Mandarin.