About The Purpose is Profit

Ed “Skip” McLaughlin Ed is the founder of four businesses and is currently running Blue Sunsets LLC, a real estate and angel investment firm. He bootstrapped his first business, United Systems Integrators (USI) Corporation, a corporate real estate outsourcing firm, and grew it into an Inc. 500 company. In 2001, Ed earned Entrepreneur of the Year honors from Ernst & Young. In 2005, he sold USI to Johnson Controls, a Fortune 100 company, and at that point, became CEO of JCI’s Global Workplace Business for the Americas. A member of the Board of Governors for Tufts Medical Center, Ed founded its David E. Wazer Breast Cancer Research Fund. He graduated from the College of the Holy Cross, where he is a member of the Board of Trustees. Active in philanthropy, Ed lives with his wife in Connecticut and has three adult children. Email: Ed@ThePurposeIsProfit.com LinkedIn: www.LinkedIn.com/in/EdSkipMcLaughlin Twitter: @purposeisprofit --- Wyn is the founder of Upstart Business Planning, where she works with entrepreneurs to develop plans that answer the questions investors ask most often. Previously, she was Managing Director of Business Plans International in New York and Co-Director of the Small Business Resource Center at Norwalk Community College. Wyn has an MBA in finance and marketing from the Wharton School of the University of Pennsylvania and a BA in economics from the University of California at Santa Barbara. She serves on the board of a local nonprofit she helped found, At Home In Darien. She lives in Connecticut with her husband and has two adult children. Email: Wyn@ThePurposeIsProfit.com LinkedIn: www.LinkedIn.com/in/WynLydecker

Axiom Awards Silver Medal to “The Purpose Is Profit” in Entrepreneurship

AXIOM BUSINESS BOOK AWARDS 2017 RESULTS: Congratulations to the medalists in the 2017 Axiom Business Book Awards! The Purpose Is Profit: The Truth about Starting and Building Your Own Business was selected as a Silver Medalist in the Entrepreneurship category. The Purpose Is Profit was written by Ed “Skip” McLaughlin, Wyn Lydecker, [...]

By | February 21st, 2017|

SHOW SUMMARY In this episode of Profit First. Mike Michalowicz talks with Ed “Skip” McLaughlin who walks us through The Ten Commandments of Profit and explains how these 10 critical components of profit guide you to identify weaknesses in your business that can be fixed, opportunities that can be improved upon and even [...]

By | February 13th, 2017|

The New Administration Must Help Small Business: 8 Suggestions

By Ed McLaughlin As Published in Fairfield County Business Journal Donald Trump’s selection of Linda McMahon as the head of the Small Business Administration is good news for entrepreneurs. She knows what it means to be a successful entrepreneur, taking her company, World Wrestling Entertainment, from a 13-person operation to a publicly traded [...]

By | January 24th, 2017|

The New Administration Must Help Small Business

By Ed McLaughlin As Published in Fairfield County Business Journal Donald Trump’s selection of Linda McMahon as the head of the Small Business Administration is good news for entrepreneurs. She knows what it means to be a successful entrepreneur, taking her company, World Wrestling Entertainment, from a 13-person operation to a publicly traded [...]

By | January 23rd, 2017|

10 Profit Principles that Separate the Want-trepreneurs from the Entrepreneurs

Previously Published in StartupNation By Ed “Skip” McLaughlin and Wyn Lydecker What really separates a Want-trepreneur from an Entrepreneur? Is it strategic vision or the ability to execute? If you have a good business idea and you know how to get things done, is that enough? Besides a good business [...]

By | December 24th, 2016|

This Startup Founder is Filling the Training Gap in the Booming Urgent Care Space

By Ed McLaughlin and Wyn Lydecker You need to see the doctor for an uncomplicated illness, but the office is not open. Going to the Emergency Room with its long waits and exorbitant co-pays is certainly not a good option. Instead, you can go to one of the 7,100 Urgent Care Centers that [...]

By | December 20th, 2016|

Holiday Gift Ideas for Entrepreneurs, Freelancers, and Professionals

As Published in Forbes Previously Published in Forbes By Caroline Ceniza-Levine, Forbes Contributor If you’re planning to brave the crowds in order to get the best deals, don’t forget that career development items are gifts that keep on giving long after the holidays are over. From books to services, there [...]

By | December 15th, 2016|

Entrepreneur Shares Secrets of Startup Profitability

For Immediate Release Contact: Peter Truell The Dilenschneider Group ptruell@dgi-nyc.com (212) 922-0900   Entrepreneur Shares Secrets of Startup Profitability STAMFORD, Conn. -- Dec. 12, 2016 – If entrepreneurs start a business – and invest their time, money and reputation – then they’d be wise to build it with profit in [...]

By | December 12th, 2016|

A New Mandate for Washington: Support America’s Entrepreneurs

Previously Published in Inc. By Ed McLaughlin Bill Gates, born in Seattle, the founder of Microsoft, is an American entrepreneur. Sergey Brin, co-founder of Google, born in Moscow under Communist rule, is an American entrepreneur. Elon Musk, born in South Africa, the founder of Tesla Motors and SpaceX, is an American entrepreneur. [...]

By | December 12th, 2016|