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Terry Powell, Visionary Founder of The Entrepreneur’s Source, Appointed as Forbes Coaches Council Contributor


With more than 34 years of success leading and growing the nation’s leading alternative career coaching franchise, Terry Powell, the disruptive game changer and visionary founder of The Entrepreneur’s Source, has earned a coveted contributor role with the prestigious Forbes Coaches Council.

The Forbes Coaches Council selected Powell for his many achievements in business and franchising and his proven experience serving as a national thought leader and respected coaching voice of America’s small business owners.  From his contributing author account, Powell will publish articles sharing his thoughts on subjects such as leadership, entrepreneurship, the stock market, politics, and business trends, among other topics.   All articles will coach aspiring entrepreneurs on what it takes to be successful as business owners.

“I am truly honored to be included in the Forbes Coaches Council featuring such outstanding business leaders in the coaching realm,” says Powell.  “Each of these council members work to create real dialogue regarding issues and challenges we all face using the significant platform provided by Forbes, one of the most admired names in business information gathering and dissemination.

“Since founding The Entrepreneur’s Source® more than 34 years ago, I take great pride in the fact our company has guided thousands of people along the path to self-sufficiency.  Investing in the right franchise business for them offers greater opportunity for the Income, Lifestyle, Wealth, and Equity they desire for themselves and their loved ones. This expertise has allowed me the opportunity to share insights and advice as a contributing member of the select Forbes Coaches Council.”

The Forbes Coaches Council is a highly selective organization for coaches from diverse backgrounds. This invitation-only group provides those coaching executives with an outlet to present expert articles and tips for the benefit of the readers of Forbes.com.

Powell’s initial article for Forbes Coaches Council, “Your Career 2.0-10 Tips to Achieve Self Sufficiency” is online now at https://www.forbes.com/sites/forbescoachescouncil/2018/02/08/your-career-2-0-tips-to-achieve-self-sufficiency/#def877747711

Writing from the perspective of helping individuals find real financial and professional independence, Powell offers common sense tips on what one needs to do get started on their own journey.  This includes digging deep to discover true passions, finding a “second set of eyes” for education, awareness, and discovery, combating the inevitable fears of transitioning   to self-sufficiency, and even dealing with skeptical loved ones.

“It’s been my experience that every one of these tips is essential in helping people truly evaluate what they really want from their professional life,” says Powell. “Business ownership is truly a life-changing opportunity. This list is designed to start an initial, candid inner dialogue for seekers, to help them determine if the goal of launching a business is really right for them.”

If you would like more information about becoming your own boss with help and guidance from The Entrepreneur’s Source®, please click this link: http://www.entrepreneurssource.com/about_us.html.

To review Terry Powell’s Forbes Coaches Council profile and access his contributions, please visit https://www.forbes.com/sites/forbescoachescouncil/people/terrypowell1/#5bb88aec77bb.

About The Entrepreneur’s Source®
Established in 1984, The Entrepreneur’s Source has been North America’s leading alternative career coaching franchise dedicated to the entrepreneur for more than 32 years. Today, with more than 120 offices in the United States and Canada, The Entrepreneur’s Source® continues to dominate the $1.5 billion-dollar Business Coaching/Consulting franchise market in North America.

The Entrepreneur’s Source network of franchise coaches offers a full range of services to individuals seeking alternate career options and to franchise businesses looking to increase performance. For more information about The Entrepreneur’s Source®, please visit http://www.EntrepreneursSource.com/.

The Entrepreneur’s Source is a trademark of TES Franchising, LLC.  All rights reserved.



The Entrepreneur’s Source Profile: A Valentine’s Day Story


The Entrepreneur’s Source Profile: A Valentine’s Day Story of One Couple’s Personal and Professional Success

Magnus and Karin Olason just might be considered an international power couple. Magnus is from Iceland, Karin from Brazil. They met as key corporate representatives, on teams of their two, respective food processing manufacturing companies, discussing an eventual merger. But, the seeds of a more personal merger were sown there.

“Seeing her for the first time was like being hit by a bolt of lightning, “says Magnus. “I pretty much knew from that meeting I wanted to have a relationship with her.”

Karin also felt the electricity in that first meeting.

“The attraction was almost immediate with me as well. It’s one of those things when you know, you just know.”

Karin and Magnus first 7 dates were something out of a romance novel. They rendezvoused in 7 different countries, including Italy, Holland, England, Brazil, and the US. Then Magnus, totally smitten by now, left his company, to take a job with Karin’s company in Brazil. They worked side by side, eventually marrying in 2009. But it was during this time, the seeds for another type of partnership took root.

“We both were entrepreneurially oriented,” according to Magnus, “but we also had children from previous relationships, who needed our care and support. We had to put business ownership on the back burner, but for a very good reason.”

Two years ago, the couple moved to the US when Magnus’ company transferred him here. All but one of the children were grown and gone. Karin and Magnus realized if they were going to pursue their entrepreneurial dream, it was now or never.

“We worked with Jeff Levy, an Alternative Career Coach from The Entrepreneur’s Source®, who helped us greatly work through our education, awareness, and discovery process of finding the best fit possible for business ownership that would meet our Income, Lifestyle, Wealth and Equity goals,” remembers Karin.

“Magnus and I were impressed with the coach’s attention to detail, as well as his support of us. He never tried to push us into anything. He laid out the facts, then allowed us to make the decision.”

The couple eventually chose an established “College Hunks Hauling Junk” franchise in the Seattle area. But Magnus had some initial doubts.

“I remember looking at our coach after he presented us with this possible match with “Hunks”, recalled Magnus, “and I sarcastically said, “I have always dreamed of a business like this.” But after really digging into the company’s model, value, scalability, and other points, I was all in.”

They have owned the franchise for 2 months, and have really meshed well as a team, separating the duties between themselves. Magnus takes more of the overview of the franchise, while continuing to work for his company. Karin is more of the day to day operations. Both are putting in 12- hour days, and Magnus will even jump on a truck during the weekends to get a better feel for the work and their employees. Together, Karin and Magnus believe they’re changing the culture of the franchise to one of being more client satisfaction focused. They believe the business has a potential to make $1M this year, while projecting even greater growth for next year.

But even spending so much time together, with the pressures of starting a business, they have managed to keep their personal relationship, first.

“We realized these first couple of years, the business would be all-consuming,” says Karen, “but because we already had such a solid relationship in place, we’re able to maintain a sense of normalcy. I would advise any couple wanting to own their own business that having that kind of foundation is an absolute necessity in running a business together.”

Magnus agrees, but conflict is only natural among couples. However, he offers this insight for making sure there is resolution.

“Communication. There has to be lots of communication for this to work,” says Magnus. If we do have a business- related disagreement, which is rare, we just talk it through until we can both reach a conclusion beneficial to the business. Because Karin’s in charge of day to day operations, I respect her opinion, and she respects mine as well. We both have great confidence in each other’s skill-sets.”

If you’re ready, like Karin and Magnus, to become empowered, and not just employed, while really defining your Income, Lifestyle, Wealth and Equity (I.L.W.E.) goals, The Entrepreneur’s Source® wants to talk with you. Just click on this link http://www.entrepreneurssource.com/contact.html to get started.