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

Bootstrapping Business In The Boonies

You gotta fight…for your right…to paaarty!  - The Beastie Boys   By Omar Douglass Contributing Writer for The Purpose is Profit Blog You really gotta fight for inspiration sometimes. No, really. There are times where you have to put your headphones on, tune up something loud and grind it out. You’re Bruce Lee fighting hard AND [...]

By | January 2nd, 2015|

Listening: 4 Power Principles That Drive Success

By Ed McLaughlin and Wyn Lydecker  If you want to be the cream that rises to the top of your industry, and if you want more fulfillment in your personal life, you need to come to grips with the fact that you can't focus on yourself; i.e., "It's not about you!" It's about others, their [...]

By | December 16th, 2014|

Recreational Marijuana: Colorado’s New Frontier

By Ed McLaughlin and Wyn Lydecker  In the 2012 elections, Colorado became the first state to legalize recreational marijuana with 54.8% of Coloradans voting in favor of the new amendment. After the Colorado Department of Revenue set forth the final regulations, the first recreational marijuana dispensaries officially opened on January 1, 2014. According to the [...]

By | December 5th, 2014|

To The Mentors: The Purpose is To Profit

    A vision without a plan is…merely a dream. -My Grandfather   By Omar Douglass Contributing Writer for The Purpose is Profit Blog Sometimes I wish I could compile all the knowledge, wisdom, and encouragement my teachers and mentors have given me over the years; then I remember that I am supposed to be [...]

By | December 4th, 2014|

Solving the Idea Energy Crisis

By Ed McLaughlin and Wyn Lydecker  When you are running a small business, every second counts. Time is particularly precious for the owner of a pre-revenue startup that is burning through cash daily. At the same time, you are in need of generating new ideas to propel your company forward. That begs a question: Even [...]

By | December 1st, 2014|

Give Thanks for Your Local Small Retailers

By Ed McLaughlin and Wyn Lydecker  Since 2009, Small Business Saturday, has claimed its own traditional time-slot on the Saturday after Thanksgiving. Put in motion by American Express, it was started to promote a “Shop Small” mentality and supports the contribution small businesses have made to develop the fiber of America’s economy. The Small Business Website sports the question, [...]

By | November 25th, 2014|

Legends Of The “Fail”

There is only one thing that makes a dream impossible to achieve: the fear of failure. -Paul Coelho, The Alchemist   By Omar Douglass Contributing Writer for The Purpose is Profit Blog In a recent blog post, Nothing Ventured, Nothing Gained, I shared the story and several valuable lessons learned from the failure of my [...]

By | November 24th, 2014|

The Art of Perpetual Promotion

  I’m not a businessman, I’m a business, man! -Jay-Z™ By Omar Douglass Contributing Writer for The Purpose is Profit Blog What’s really in a name anyway? If anyone knows the answer to this question, it is definitely Shawn Corey Carter. The Hip-Hop mogul, multi-industry entrepreneur, and business-in-himself clearly understands the value of branding and [...]

By | November 19th, 2014|

Stand Up, Stand Out

By Ed McLaughlin and Wyn Lydecker  This is the second of a two-blog series on giving great presentations. So you have a presentation to give, and you've figured out who your audience is. That first step has helped you to decide what order to put the pieces in and how detailed they should be. Now [...]

By | November 17th, 2014|