Glen Wakeman CEO LaunchPad Holdings Finds Solution for Failing Startups

Glen Wakeman is the CEO and the co-founder of LaunchPad Holdings LLC. Wakeman and his other co-founders started LaunchPad Holdings which targets different entrepreneurs that are at the initial stages of starting their businesses. They assist the entrepreneurs to organize their different business ideas so as to come up with workable plans.

Glen understood what he wanted to do with his life at an early age. That is why he enrolled at the University of Scranton where he did an undergraduate degree in Economics and Finance. Soon after he had graduated with his degree, he earned an MBA from University of Chicago. Glen Wakeman an opportunity to work for GE Capital for more than two decades. During this time he had increasing responsibilities including being the CEO at GE Money Latin America. In his long career at GE Capital, he worked and lived in about six different countries in Europe, Asia and South America. This experience gave him a chance to understand what it takes to start and run a business in these countries.

In Glen’s line of work, he had to match money and ideas. And basically that is how he got the idea to start LaunchPad Holdings. In his investigations, he could not quite understand why startups were failing at a very high rate yet they have the best ideas behind them. His investigation uncovered that the high failure rate was due to lack if structure around the startup idea.

In an interview, Glen revealed his secret on how he usually manages to bring new ideas to life. He said that he usually fully engages himself as he explains his ideas to those around him. It is a process that starts by him outlining his thoughts to those around him. He then takes the time to think them through the ideas and the steps it would take to bring them to life. He also says that one has to be ready to defend their ideas. He also says that you should surround yourself with people who will not blindly agree with you but will also ask why. By answering their questions you can breathe life into your ideas.

 

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