Glen Wakeman’s Work to Build the Startups of the Future

Glen Wakeman University of Scranton in Pennsylvania, graduating with a B.S. in Economics and Finance in 1981. He then attended the University of Chicago where he earned his M.B.A. in 1991. After this extensive education, he joined the General Electric team and was with them for the next 20 years. During this time he lived in South America, Asia, and Europe. It was also during this time that Wakeman help a number of different positions with the company: regional management, country management, general management, business development, technology, and operations.

Wakeman’s biggest break came while GE put him in London, England. It was there that he was made General Director of GE Capital, Global Insurance Ventures. This was followed him being promoted to CEO of GE Money Latin America. This was by far his most successful position. He helped this branch of GE attain assets of around $12 billion dollars, an annual revenue of $100 million, and an enormous staff of 17,000 employees. He also helped lead the company to open over 1,000 new branches.

Then he co-founded LaunchPad Holdings. He started it after developing a strong desire to help other people succeed in their own business ventures (Ideamensch). LaunchPad delivers software to new entrepreneurs to help them formulate a plan based on their ideas. LaunchPad’s plan development software what are known as “Elements.” There are five different “Elements” that their clients will go that. Through LaunchPad, Wakeman also helps them through leadership training. Glen Wakemans specifically designed this material to answer every conceivable question that might arise. His number one emphasis in leadership training is self-confidence. He says that if they want to succeed they absolutely must have this. In addition, he puts heavy emphasis on a leader learning from his or her mistakes. Wakeman’s work with these entrepreneurs is very hands on. He will even come to their facilities and give them personal business counseling.

 

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