St. Louis Entrepreneurs Launch New Business – 1 New Idea
St.Louis – St. Louis entrepreneurs Ken Lawler, David Leavitt and Adam Rubenstein announced the launch of their new business venture “1 New Idea”.
“1 New Idea” is a Mentor Capitalist Firm that specializes in identifying individual entrepreneurs and small to medium-size businesses who need capital investment, business plan development, marketing, sales training and space analysis.
According to Ken Lawler, “1 New Idea is a ‘Mentor Capitalist’ firm. Our goal is to help new businesses and entrepreneurs implement a business plan, market and execute their business model. We believe we are the first company in the nation that does it all – our intention is to mentor business owners and entrepreneurs on executing their business model, their sales and marketing initiatives, as well as provide those companies and individuals with a capital injection.”
The founders and principals of 1 New Idea – who are experienced business leaders that have started and helmed multiple St. Louis area companies over the past 15 years – determined that while many SMB companies and entrepreneurs may begin with a great “idea”, many struggle to become self-reliant and successful due to their limitations in time-management, knowledge and experience, capital and funding, or company manpower and leadership.
The new firm will focus on investing and building startups and existing companies with dedicated entrepreneurs who need help with capital investment and business plans, focusing on aggressive, sales-oriented companies. 1 New Idea is the process of fielding multiple new business ideas from both start-up companies and established businesses, and they will review the qualifications and requirements of SMB companies that need an experienced “push” in order to become successful.
The founders and principals of 1 New Idea know these areas well. All have had successful sales careers, both in St. Louis and in other top markets such as Chicago and Dallas. They are not just bringing only their knowledge, experience and enthusiasm to the table. 1 New Idea is also in the process of assembling a group of like-minded, successful and experienced partners to create a business network like no other in St. Louis.
Lawler comments, “David, Adam and I have been in the entrepreneur’s shoes so many times over the course of our careers. We believe that outside knowledge and expertise from third party resources could make a huge difference for someone who has an inspired idea but doesn’t quite know how to execute it.”
And they aren’t the only ones who think the “Mentor Capitalist” concept can work for SMB companies and entrepreneurs. The firm’s principals have invested $500,000 of their own money into “1 New Idea” for the initial start-up, and they have secured funding and investment promises from other outside individuals who believe in their “mentor capitalist” approach.
“In these tough economic times, the principals of 1 New Idea feel this is the perfect time to launch our concept,” notes Lawler. “Most banks and financial institutions have tightened their lending practices and policies, leaving many entrepreneurs adrift with nowhere to turn for financial options. We’re a different animal, in that 1 New Idea wants to “get in the game” with a vested interest and a willingness to invest our own money and resources to help struggling companies grow.”
Another element the firm is in the process of putting together is a network of business professionals with specific skills, knowledge and expertise, which will serve as an available resource partner for the companies being mentored. Lawler comments, “While many fledgling companies and entrepreneurs cannot afford to hire these experts on their own, our network of business experts will band together to assist the mentor companies to succeed.”
“While there are separate entities such as banks and business incubators who provide assistance to SMB companies and entrepreneurs, our approach is a ‘whole picture’ vs. the ‘specific focus’ these other resources offer,” notes Lawler. He continues, “Particularly with the limited services and funding available from banks to offer loans and support to start-ups, we feel our concept is unique for today’s economy.” Lawler adds, “We are looking for new platforms to invest our capital, as well as to mentor these companies.”
For more information about “1 New Idea” or to apply to the “mentor capitalists” for consideration, please contact the firm at 1-855-321-IDEA (4332) or via email at firstname.lastname@example.org. Additional information is available through their web site at www.1NewIdea.com.
About 1 New Idea
1 New Idea is a Mentor-Capitalist Firm. We specialize in identifying individual entrepreneurs and small to medium-size businesses that need capital investment, business plan development, marketing, sales training and space analysis. We can provide the capital investment and partnership opportunities needed to make your idea a success.
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Check out our article on St. Louis Business News