Tuesday, February 19, 2013

John Dimmer



John Dimmer was one of your guest speakers in our entrepreneurship class. He talked about his journey as an entrepreneur since he graduated from the University of Oregon. He talked about how he was confused about opening his own company or not, when he freshly graduated from college.  But then he decided to work for Puget Sound bank. He talked about how this work experience helped him gain knowledge for being an entrepreneur.

John dimmer talked about the Three C’s he learned while working in Reliance Company. The three C’s were “Character”, “Capacity” and “Capitol”. He talked about how the company and he had mutual benefit from each other.  John also talked about how networking in important when you want to start up your own company. He talks about how we should talk and discuss about our idea of the company to other people and may ask their opinions too. This way you never know we might end up with a great start up company idea. I guess this was a very simple yet informatory advice for us students.  Networking does help in lot of areas of business so why not start before we make our start-up idea.

John talked about how he worked for these companies in order to gain enough knowledge and skills to start up his own company. Now John owns an Airstream and Honda dealership in the area of Seattle. He talked about his Airstream dealership is one of the biggest in the Washington region.  With this the main idea john talks about was the exit strategy for the entrepreneurs. How important it is for every entrepreneur to have an exit strategy for this business plan.

At the end john brings everything together and talks about being an Angel of Tacoma Angel Network. He talks about investors in the organization, and how important is the role of angel in an entrepreneur’s life. After getting help from self saving, friends and family; an angel investor helps an Ent. give the real level in your businesses endeavor.

John gives us good insight over how one should be interested and compelling towards our business idea in order to convince an angel. How one should understand our audience before putting forward any idea.

 Mr. John Dimmer’s presentation helped me understand and look into the life path of an entrepreneur. He gave us good tips for all the inspiring entrepreneurs.