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The Entrepreneur’s Source: Say Goodbye To Corporate America

The Entrepreneur’s Source (TES) Lifestyle Profile: Michael Scroope Says Goodbye to Corporate America and Hello to Helping his Community.

Michael Scroope is a rock star…and his greatest fans are his family and TES coach Mike Komondy.

Scroope was recently named a “Rock Star Franchise Owner” for 2019 by the “Franchise Business Review” and Komondy couldn’t agree more. As a career transition coach with The Entrepreneur’s Source®, Komondy remembers that it was just a couple of years ago that Scroope was moving his young family out of the New York metroplex to North Carolina with no job in sight…but big dreams for the future.

“He very quickly became a poster boy for successful franchising,” Komondy says.

Settling into his first year as the owner of an Apex Leadership franchise, Komondy says Scroope became their “number one guy on the east coast during his first year.”

But let’s go back a bit.

Can you imagine a five-hour commute? Can you imagine only seeing your children on Saturdays and Sundays?

That was the life Michael  was living while working as VP of Sales for a New York based cable company. “At the end of the day, we were all tired,” Scroope remembers. “It was good financially, but it just wasn’t a good life. I wanted to be able to read my kids a story at night and to kiss my wife goodnight.”

An acquisition and severance package later, Scroope and his wife decided to make a drastic move. They landed in North Carolina with big hopes and a little bit of an old dream. “Being an entrepreneur was always an idea in my head, but to be honest, I thought when I got to the point in my life that I had a family, that that ship had sailed. I thought this isn’t the time to make a change.”

He met career transition coach Mike Komondy for a bit of networking.

“We just talked about possibilities and he had three things that were important: He wanted to be around his family. He wanted to be a part of the community and he wanted to positively impact children.” Komondy immediately thought  — Apex!

The possibility that Komondy presented is a franchise that helps schools raise much-needed funds while at the same time combining fitness and leadership for school children. Scroope and his wife were intrigued by the idea, but were battling some of the same fears faced by many dreamers — could they make the change out of Corporate America and invest in a business of their own?  Luckily, they had a TES coach by their side.

Scroope and his wife found The Entrepreneur’s Source® to be a valuable tool throughout the process. His first full school year in his business, Michael Scroope raised nearly $1 million for schools – it’s a feat that landed him the title of “Rock Star Franchise Owner.” He gives some of the credit to corporate America! “I think being fed up with corporate America gave me some of the courage I needed too. I still work hard, but now I do what I want to do when I want to do it.”

“Mike hit the ground running. He was laying down the foundation well before he even went to training,” says Komondy. “Now he vacations the way he wants to because when school’s out, he’s free!”

Komondy feels he’s done more than help someone find their place in life…he’s helped a friend. “We went to the first fun run he had, and his kids were there with him. You see the positive impact it’s having on the kids, the school community, the teachers…it’s amazing.”

“What I like about The Entrepreneur’s Source® is the foundation of what Terry Powell has laid it out to be…relationship driven! It’s more about doing the right thing for somebody and giving them options.”

“To not talk to The Entrepreneur’s Source doesn’t make sense,” says Scroope. “There’s no risk involved. All you’re doing is getting educated. You have nothing to lose.”

If you’ve been curious about self-sufficiency and you want to hear about your possibilities, it’s easy. Contact The Entrepreneur’s Source® and we’ll connect you with a career transition coach that will help you on your journey to explore self-sufficiency.


The Entrepreneur’s Source: A Blast From The Past

The Entrepreneur’s Source: Blast From The Past: Terry Altieri. It was the mid-90s, and Terry Altieri saw the writing on the wall.

“At the time, I was working for a hardware company, and Home Depot had just moved in and started taking our business. By 1995, I was looking to get out of the company,” Altieri says. “I lost 50 percent of my sales by then.”

If you’ve ever seen the light at the end of the tunnel, only to realize that it’s an oncoming train, then you have some idea of the concerns Altieri was facing. The Entrepreneur’s Source® calls it the New Career Economy® — when downsizing or the impending threat of layoffs forces people to reevaluate their professional situations.

Unsure, but knowing he needed to act, Altieri found help from an unlikely source: his teenage daughter.

“I knew Terry Powell from church, but really it was from my eldest daughter who went to school with his daughter,” Altieri says. “She told me she thought he helped people own their own franchise, so I thought I should probably talk to him about it.”

Powell had started his groundbreaking business only 10 years before, in Southbury, Connecticut. The Entrepreneur’s Source® and Powell’s team of alternative career coaches are successful because they help those who dream of a better life for themselves and their families by facilitating their journey of discovery.

“The very foundation of The Entrepreneur’s Source® comes from the fact that I am an entrepreneur myself! That’s why we can help people achieve their dreams,” Powell says.

Altieri says self-employment had always been a dream. “I always ran the business like it was my own anyway, even though I was just the manager. He (Terry Powell) got me started on being my own boss and running my own business, rather than doing all of that work for another corporation.”

After going through his own process of discovery, Altieri was presented with a business he wouldn’t have thought about for himself in a million years: a dry-cleaners. “I wasn’t sure I had the aptitude for it, but I decided, ‘What the heck!’ I’d give it a shot.”

Terry Altieri is the first to say he knew nothing about the dry-cleaning business, but he didn’t let that deter him.

“They had a training program and I was able to open a store right here in my own hometown. I think it attracted me because I could see the profit potential. There was no lack of business in this town for a dry-cleaners.”

There were long days and a lot of hard work (“If the work is there, it has to be done!”), but there were unexpected benefits too.

“I was able to have all of my children work for me while they were in high school,” Altieri enthuses. “It gave them extra money and they were good workers! It was fun seeing my kids in a different situation. I think it was a good experience for all three of them.”

Altieri no longer has the dry-cleaners that started his journey to entrepreneurship. He has since sold that business for a tidy sum and moved on to another self-employment opportunity. But it all started for Terry Altieri in the same place it started for Terry Powell — Southbury, Connecticut. Now, 35 years later, The Entrepreneur’s Source® has spread to more than 120 offices in the United States and Canada.

But Powell says one thing has remained the same over the past 35 years: “We’re still helping people.”

Are you interested in exploring your own possibilities, options and dreams and building toward self-sufficiency, just like Terry Altieri?   Get started here: www.entrepreneurssource.com.


The Entrepreneur’s Source: Your “WHAT” is important — but so is Your “WHY”

Jason Madden – Putting His Own Discovery to Work For TES Clients.  WHY?  When others are asking, “WHAT?” The Entrepreneur’s Source® (TES) takes it a step further and asks, “WHY?”

TES Career Transition Coach Jason Madden was 34 when he began looking for the “What’s next?” after his retirement from military service. After four years in the Marine Corps, Madden went back into civilian life just long enough before he joined the Army. His career in Army Intelligence allowed him to travel the world, but he knew it was time to start thinking ahead. “About a year before getting out of the military, I knew it was time for a change. I was looking toward the next step,” Madden says.

The “WHAT” was simple for Madden.

“Franchise ownership was already on my radar. I was always interested in the fitness industry and fitness coaching, so I was thinking a gym.” He saw an interview with Susan Scotts from The Entrepreneur’s Source® on a veteran’s mentoring network. “I wanted to learn more and I reached out to her,” Madden told us. “I knew other career coaches were out there, but they were not nearly as effective at providing clarity as Susan was.”

“We actually looked at a number of things in the personal training and fitness spaces…even looked at hospitality… a number of different industries,” says Madden. But Madden still wasn’t sold. “My wife is still on active duty so we are facing a move every three years. We also like to travel a lot. I realized that a brick and mortar business was not a good idea for me.”

And it was that moment of clarity that helped Jason realize that the “WHAT” was important — but so was the “WHY.”

“Lifestyle was definitely important to me. I still wanted to be able to volunteer and work with veterans.” That’s when Scotts brought up the idea of becoming a Career Transition Coach with The Entrepreneur’s Source®. “It made perfect sense! I travel. I live near a military base. I never would have thought of it or searched for it on my own.”

Now the “WHAT” and the “WHY” have come together for Jason Madden. About a year into his exciting career as a Career Transition Coach with The Entrepreneur’s Source®, Jason puts his military background and his own journey of discovery to good use.

“My military background has definitely prepared me for self-employment. I am so structured, and probably a little detail-obsessed. It’s the discipline. In the military, we get up at 4 or 5 a.m. to do fitness training, then we go into our place of duty and we are right there every single day. It’s kind of that mentality that the ball is never going to get dropped, and the discipline behind that.”

As for his own journey of discovery: “It does give me some insight with my clients. For one, it really helps me narrow down my client’s goals. I find I usually end up working with someone who wants to do something in their current industry. It (my journey of discovery) really helps me open their minds to new possibilities,” Madden says.

At the end of the day, Madden feels like there are a lot of similarities between working as a fitness coach and a career transition coach.

“It’s a lot like being a fitness coach. We set goals for our clients. We set benchmarks and debrief them. I’m coaching, just coaching a little bit differently. I can still engage in the military and help my former colleagues. The Entrepreneur’s Source® is really a perfect fit for me.”

Are you interested in exploring your own possibilities, options and dreams and building toward self-sufficiency, just like Jason?   Get started here: www.entrepreneurssource.com.


The Entrepreneur’s Source: A Gift For Mother’s Day

The Entrepreneur’s Source can Help Turn Stress into Success: A Gift For Mother’s Day. It’s no surprise that parents are under A LOT of STRESS these days. Stress to pay the bills. Stress to save money. Stress at work. Stress at home. Heck, we’re even stressed about being stressed!

As the Visionary Founder of The Entrepreneur’s Source®, I’ve talked to many parents over our 35 years in business  and you know what I’ve discovered; they’re scared. They’re stuck in jobs that they hate – jobs that leave them feeling miserable and stressed out. At The Entrepreneur’s Source® we call that “Battered Career Syndrome®”. But here’s the thing – no matter how miserable they feel, they’re too scared to leave because they’re also scared about the future. They’re frozen with indecision and it’s making them miserable.

A Gift to Give Yourself

For those moms out there feeling stressed, what if this Mother’s Day you give yourself permission to look at the possibilities? The possibility of taking your future into your own hands is very real. What would your income be? What kind of lifestyle would you live? What kind of wealth and equity would you build? What would you do if you weren’t frozen with fear? Here at The Entrepreneur’s Source® we call that your I.L.W.E., and we can help you use it to uncover your Possibilities, Options, and Dreams.

Motherhood and Stress

It’s the fear of failure that holds us back; the fear that we won’t be able to keep the lights on or pay for college. But, what we should fear is not living our true life. We should fear not setting that example for our sons and daughters. More and more research is showing that parental stress actually can affect children in a negative way. What if the way to be the best mother that you can be is to make sure you are the best version of yourself first? You can do that, and you don’t have to do it alone.

Your Career 2.0®

Entrepreneurship puts you in control. We’re not saying it’s easy. We’re not saying you won’t have another day of stress. What we are saying is that all that hard work and pressure will be benefitting YOU AND YOUR FAMILY – not some faceless corporation… so their families can enjoy vacationing in the Bahamas and the skiing in Colorado!

At The Entrepreneur’s Source® (TES), our alternative career coaches will help you explore and define your unique goals, needs, and expectations. The process will help you focus and gain clarity about what you want your life to look like. Our coaches have three main objectives:

  1. Create Awareness
  2. Provide Education
  3. Hold You Accountable to Your Dreams

Your TES  Career Transition Coach can stay with you and help you make the transition from office drone to self-employed! They’re there to help you stay on course and see your dream become a reality.

First Step: Take Charge!

Maybe I was crazy to start a franchise coaching business back in 1984. I was a stressed-out parent staring rock bottom dead in the eye. I knew I had to do something and I wanted to set a good example for my kids. You can do it, too.

I’m not saying you won’t have stress; you will! But it’s stress that’s manageable because when you go from Employment to Empowerment®, you are in control. We teach you how to take control of your future and leave bad and ugly stress/Battered Career Syndrome® behind in our popular book, Your Career 2.0®: A Survival Guide for The Battered Career and Investor Syndrome®.

Let it inspire you to make your first step toward Your Career 2.0®. And here’s even better news: you can make those first steps in a stress free environment. Stretch out on the couch, and take five minutes to explore and compare best-fit career transition opportunities that will match your goals with The Entrepreneur’s Source®’s exclusive FranchiseMatch® tool. It’s a simple five-step process that will help you find the ideal franchise that will meet your personal goals, needs, and expectations.

So, this Mother’s Day, go ahead and exclaim over your breakfast in bed. Cherish your homemade card. After you put your kids to bed, begin your search for the franchise match that could change your life and change your stress into success! To get started on finding your Franchise Match today, visit http://www.franchisematch.com/.  




The Entrepreneur’s Source: May is Military Appreciation Month

The Entrepreneur’s Source, proudly supports those that serve, their families and our veterans every single day, but May is special.

May is the designated Military Appreciation Month. It is the month that brings our communities together to reflect on what our dedicated military personnel, veterans, and their families give to our nation, and how we can show our support.

Not only do we pause on Memorial Day to honor and remember the sacrifice and service of those who gave all fighting for our freedom, but May is the month we celebrate several military anniversaries and events, including Military Spouse Appreciation Day and Armed Forces Day.

Show Your Appreciation. 

Buy a veteran a cup of coffee. Shake their hand and tell them thanks! These are all great ways to show your appreciation for our military members this May. But if you really want to give them a gift, share this post with them and open their eyes to a world they might not have ever considered. After all, they’ve made huge sacrifices for us — showing them how to make their dreams come true is showing them true appreciation.


The Future…Post-Military. 

Achieve your Income, Lifestyle, Wealth, and Equity dreams. It’s a gift you can give yourself, and The Entrepreneur’s Source® can help you do it. 

The Department of Defense estimates that as many as 245,000 enlisted service members and officers will leave the military this year alone. One option is back to a job that feels like basic training all over again.  That may work for some, but don’t you owe it to yourself to consider entrepreneurship? While you were out making the world a safer place for everybody, a few things changed in the business world. The “New Career Economy” has many people, veterans and civilians alike, re-evaluating their futures.

8 Reasons Veterans Make Great Franchise Owners

Think about this – one out of seven franchise businesses are owned and operated by veterans of the U.S. military. There’s a reason veterans are such successful business owners — actually, there are more than one! Read over this list and consider your own Goals, Needs & Expectations.

  1. Natural leaders – Leadership is a skill that you can’t buy — and it’s a skill that’s needed to become a successful business owner. During a career in the military, this skill is developed and refined, and it comes in handy if you’re in charge of a team of employees.
  2. Work ethic – Nobody says owning a franchise is easy. It’s hard work and long hours, at least at the beginning. The key here is that you do that hard work and put in those long hours for yourself and not somebody else!
  3. Stress management – Veterans know a thing or two about stress, from combat situations to deployment and family separations. Opening a new business that could make your dreams come true? You got this – you won’t be fazed.
  4. Following a system – From day one of a military career, you’re given orders. Let us explain how that translates into successful franchising. A franchise is built on a plan, with pretty much every detail worked out by the people who’ve tried it and tested it before you! It’s a system for success, but it’s up to you to execute it. The franchise system gives you the recipe to be successful, all you have to do is follow the system and make sure the plan is executed! Not everyone has that focus and follow-through.
  5. Start at the top – This is especially true if you are retiring from the military. Do you really want to go somewhere and start at the bottom doing grunt work, or are you more interested in an Encore Career? An Encore Career puts you in the driver’s seat of your destiny.
  6. Commitment and loyalty – Franchisors can be picky! They have to be — their success depends upon your success. They are going to award their franchises to people they can trust to take care of business. With all the sacrifices most military men and women make for their country, you can’t question their commitment and loyalty to something they believe in.
  7. Teamwork – This may seem like a no-brainer to vets, but not everyone understands the concept of teamwork. As veterans, your job, or even your life, may depend on someone else doing their part correctly. Apply this skill to your own business, and you’ll reap the benefits.
  8. Perks – You’ve earned them, now enjoy them! There are a number of benefits extended to veterans who want to own their own business, from favorable lending rates to tax breaks. That already provides you with the incentive to dig deeper into entrepreneurship.

Moving Forward

So how do you move forward? It’s simple. Contact The Entrepreneur’s Source® and one of our Career Transition Coaches will get in touch with you and answer all of your questions.

If you are a veteran, or know a veteran, who would be interested in learning more, get started at https://www.franchisematch.com/.