Adventures of a Serial Entrepreneur

Book excerpt: Bio of a Serial Entrepreneur, first editionSerial Entrepreneur, second editionWilliam G. Forhan, known as Bill Forhan, was born, raised, and educated in Michigan, and he also spent the major part of his life in business in Michigan before relocating to Florida to continue in business ventures.Upon retiring five years ago from major businesses, Bill decided to write Bio of a Serial Entrepreneur, first edition.The first-edition book was written with the intension of reflecting on his business and personal life.He decided to share his story with readers that seek reading enjoyment and share some business insight.His retirement from major businesses is because of the slow onset of Parkinson's disease, which has limited his mobility in walking or doing sports, which he misses (golf and tennis). Also, he has a breathing disorder that he has gained control over (emphysema).He has a clear, creative mind and is computer literate. Becoming an author started a new career.For clarity purposes, an entrepreneur is an individual who sets up business or businesses; identifies and solves problems, I creative, innovative, an opportunist, a risk-taker, a self-starter, and open-minded with the hope of making a profit from the enterprise.The major types of entrepreneurs:Serial entrepreneur. Continuously comes up with new ideas, starts the businesses, and oftentimes sells to investors or shareholders. Serial entrepreneurs start the businesses with little intention of operating any of them for a long time. They are high risk-takers with lots of unique ideas and are not always interested in a career with a particular business/company.Lifestyle entrepreneur. Creates profit from pure passion. The lifestyle entrepreneur chooses to build a business they are passionate about and grows the business into a long-term, residual income that is sustainable.Social entrepreneur. Pursues solutions to social problems. As a serial entrepreneur, Bill has started and purchased over fifty-five companies in multiple industries ranging in a size of five employees to two hundred. The companies were in the travel and medical industries. Seven of the companies were public trading on the OTCBB (over-the-counter BB), and seven operated as private companies.He was the CEO of all the companies and took the profits of many companies to purchase or start up new companies; this included the risk of his personal funds for investments.During Bill's business years, he traveled to many destinations: ten European countries; South America: Rio de Janeiro; Asia: Hong Kong; and Hawaii, one hundred times over.He cruised the Caribbean over twenty-five times and visited many resorts in North America and more.His story will take you down his memory days of over fifty years of building many companies, some winners and some losers.Bill has had several success stories and some mistakes through his journey.We hope you can enjoy reading and find wisdom in how to become an entrepreneur by reading Serial Entrepreneur.