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

Branding that Endures

By Ed McLaughlin and Wyn Lydecker In my previous post on Entrepreneurial Branding, I listed 10 crucial elements of the branding process. In this blog, I will elaborate on the first three: your business name, tagline, and logo.  What Makes a Good Business Name? These are the factors that should influence your choice of a [...]

By | August 19th, 2014|

Vacation’s Over – Time to Go Back to Work?

By Ed McLaughlin and Wyn Lydecker Summer fun is over. The days are getting shorter. You’ve returned from vacation, but do you really want to return to work? This time of year accentuates how we feel about our jobs. For some, vacation gave you the time you needed to catch up on personal matters or [...]

By | August 13th, 2014|

Becoming an Inventor, Part Three – Inventing Toys!

By Rebecca Lovering, social media coordinator This is the third part of my interview with Mary Ellroy, a local Connecticut toy inventor and agent. You can read about her and how she got into her field here, and her insights on the world of general invention here. Today I’m covering the part of our conversation [...]

By | August 8th, 2014|

Becoming An Inventor, Part One – Getting Started

By Rebecca Lovering, social media coordinator Invention is a fascinating cousin of traditional entrepreneurship. An entrepreneur is an inventor, but generally of a product or series of products that continues and evolves with her and her company. An inventor creates something that goes off and enjoys its own independent life, self-contained. I recently had the chance to [...]

By | August 6th, 2014|

Workspace that Works for Startups

By Omar Douglass Contributing Writer for The Purpose is Profit Blog Tomorrow, August 2nd, 2014, marks the beginning of International Coworking Week. So it’s a good time to learn more about the benefits of coworking for entrepreneurs. After my last post on business incubators, accelerators, and coworking spaces, a reader named Mary Jo wrote in [...]

By | August 1st, 2014|

Is It Finally Easier to Get a Small Business Loan?

By Ed McLaughlin and Wyn Lydecker     A recent headline in The New York Times claimed “Small Businesses Are Finding Bank Loans Easier to Come By.” With interest rates low and the economy coming back, bankers and small business experts are saying this is a good time to get a small business loan. Large [...]

By | July 28th, 2014|