Launch Pad Holdings co-founder and CEO Glen Wakeman is a citizen of the world (ideamensch.com). He has lived in Europe, South America, and Asia. That was while he worked for GE Financial. During his two-decade tenure at GE, he was responsible for managing profit and loss (P&L) and business development.
Launch Pad Holdings is a Software As A Service company (SAAS). In business for three years, LHP was born of Glen Wakeman’s desire to lower the rate of start-up failures. Launch Pad offers online services that help budding entrepreneurs chart a course to success.
A new business can’t succeed without the proper tools, so Launch Pad offers a “toolkit”. The kit that Glen Wakeman created helps start-ups identify risk and develop a business strategy. This is accomplished through a series of questions posed to the would-be entrepreneur.
There are many ways in which Glen Wakeman can be defined.
- Business advisor
The starting lines that put Glen Wakeman on the track to success were the University of Scranton and the University of Chicago. He holds a degree in Economics and Finance from the former and a Master of Business Administration from the latter. He financed part of his education by cleaning restrooms in a plant that produced auto parts.
The first business he founded was Nova Four. NF offers support services and helps businesses in their incunabulum find seed money.
Devoted to helping fledgling businesses succeed Glen suggests that the founder(s) should discuss their idea with others. As he sees it not thinking an idea through contributes to the failure of most start-ups.
Glen lists multiple benefits to stating your idea out loud to others. Sometimes just hearing themselves describe an idea helps its founder to see that it is a non-starter. Glen suggests that when an audience finds fault with an idea ask them to be specific about any flaws they see. Having to defend the idea means that the originator has to think it through more thoroughly before sharing it with others.