Former KPMG strategy consultant and current serial entrepreneur, Stephen Olmon has one of the most challenging and fantastic goals for himself: build 50 companies by 2050.
Some people, even prolific entrepreneurs, think it would be an impossible feat to accomplish, but Stephen is not the least bit fazed. Expanding people’s minds of what is or should be possible as an entrepreneur is another goal Stephen aspires to.
Stephen began his career at KPMG, one of the Big Four accounting organizations, and excelled in the corporate world. He was also head of business development for a healthcare software company that was acquired for millions.
Having significant success in a startup environment was a game-changing experience for Stephen, and pushed him to start building his own businesses. Stephen recently launched GapYearStartup.com, a company designed to guide high school graduates and college students to launch their own businesses.
Forging creative revenue share partnerships is also one of Stephen’s goals in his journey. Stephen is passionate about assisting existing businesses that already have significant traction and looks for ways to build momentum that directly impacts the bottom line. He has partnered with successful companies like MyUtilities.com and PlanWell Strategies through his growth marketing agency, QuickerLeads.
QuickerLeads is highly relevant for entrepreneurs as well; they are growing several companies and have the testimonials to prove it.
On top of building his own micro private equity portfolio, Stephen is excited about a new platform that is guaranteed to help other internet entrepreneurs, named InternetExits.com. The platform aims to provide the fairest and most transparent way to buy and sell digital businesses.
Some people expect Stephen to be working on a more traditional VC portfolio whenever they see the “ventures” in Olmon Ventures, which is far off the mark. Stephen is an advocate for bootstrapped businesses that are profitable in the first 30 days. As another form of net worth diversification, these types of companies are more feasible to build and maintain simultaneously.
Not all companies can make it to the $1 million annual revenue mark, and for Stephen, that is okay. Stephen will continue to preach this message for as long as others will listen.
Along with building companies by himself and forming strategic partnerships, Stephen is opening the opportunity for aspiring founders to apply and become his next business partner. Having several projects that are in need of talented operators, Stephen is excited about the thought of investing in the next wave of talented entrepreneurs.
Stephen is more than happy to teach people how to build bootstrapped businesses. For people hoping to become entrepreneurs, Stephen provides education through his 10-day course, delivered over text messages. Aside from the course, Stephen also shares his learning on his newsletter via Substack and is about to open up a live 6-week boot camp.
As a practitioner, Stephen is embodying what he teaches. Above all else, Stephen is immensely passionate about bringing others along with him for the ride to building 50 companies by 2050.
Visit Stephen’s personal website to know more about his journey and thoughts. Connect with him on LinkedIn, as well.
Opinions expressed by NY Weekly contributors are their own.
