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Andrew Ferguson (Business Mentor)

 

Andrew and Ann Ferguson

 

Personal

  • Name: Andrew Ferguson, adrewferguson@me.com, (714) 745-3753

  • Education: BA in Theology and Small Business Administration

  • Family: Wife Ann, two grown daughters and three grandchildren

  • Business: CEO of MobileSpike, http://www.mobilespike.com/

  • Hobbies: gardening, landscaping, hiking, golf, and tennis

  • Home church: Open Bible Christian Center, Yakima, WA

How it started: Andrew was raised in California as the middle child in a family of five. His Adventist father was a carpenter and strict disciplinarian who demanded hard work and good grades to the point of being oppressive. All five children were privately educated in a boarding school for a portion of their secondary grades, and college educated in spite of their modest family background.  Among these “over achievers” Andrew got the best grades and drove himself the hardest. He graduated from high school at 16 and was on track to graduate early from college. For six years starting at the age of 12 Andrew developed a mentoring relationship with an elder in their church that added some of the pastoral influence missing from his own father.

 

Andrew and Ann were sweethearts from the age of 14 and married in college. Before Andrew graduated, he grew discontent with the disconnect between school and the real world and took a “sabbatical” as a youth pastor in Canada for one term. Before his term was over, the church offered him a pastoral position until they realized he was only 20 and didn’t have his degree yet.  After graduating from college he took a job as an associate pastor for a year and a half.  During that time, Andrew worked to develop small groups, with an emphasis on relationships and community that wasn’t always welcomed in the denomination. That conflict was the springboard for Andrew’s “adventures” in being an entrepreneur.

 

His business experiences includes:

  • 2 years running his own cabinet shop which he closed for cash flow issues.

  • 3 years as part owner of a car stereo business – He tripled the business before the original owner’s problems with the IRS began to affect the business.

  • He developed proprietary methods of integrating aftermarket CD systems into the factory systems already installed in cars and was responsible for launching his first national product. His Korean supplier developed a QA problem that turned a very successful business sour.

  • He developed and patented products for installing TV’s in vans and cars.  One customer was a major car manufacturer… however, the project was so lucrative the manufacturer terminated his contract to self perform.

  • He developed an “On-Star” type system for cars that grew and was eventually sold.

Currently Andrew is the CEO of Mobile Spike, a national product developed for installation on police cruisers.

 

During this entire adventure Andrew maintained his pastoral personality and value for relating to and helping mentor those in need. He is a natural business coach with an ability to cover business, family and spiritual issues.

 

Personal passion: Andrew is a rare combination of pastoral and business expertise. He is an institutional maverick who values authenticity, freedom and independence. At every turn he has chosen to take the risk to pursue his personal dream and has found God very much in the process. The degree of difficulty associated with his own business experience provides a wealth of perspective on strategic business issues. He is a natural CEO.  Though he is still goal-oriented he enjoys helping others define their purpose and achieve their own vision.

 

Personal benefit: Andrew enjoys mentoring and influencing the progress in others. He and Ann help people sort through the baggage that holds them back. They are naturally pastoral, entrepreneurial, hospitable, relational and capable… they cross between spiritual and natural issues very easily. Their counsel can touch emotional, marital, and financial issues.

 

Value to others: Andrew and Ann have a sense of walking with others through life’s issues and lifting their burden. They can give hope and encouragement and leave people with a sense that someone else cares and has the expertise to make a difference.

 

Business upside: Andrew has developed a great appreciation for the real-life issues that confront entrepreneurs and businessmen. He can easily see the big picture and prioritize the sequence of future events. His experience with contractual, legal and growth issues serve him well as a mentor with personal experience rather than just head knowledge.  He an Ann have experience in product development and distribution on a national level and have seen how profits can skyrocket… and disappear.  Andrew loves the creative process involved in starting and optimizing a business.

 

Business downside: Andrew has been through an amazing number of ups and downs. He and Ann have learned to navigate the pressure business can put on a family.  Andrew learned that failing in a business is not the “end” of an entrepreneur – it is simply a launch for his next idea.

 

Vision for the Kingdom: Andrew’s vision is to help entrepreneurial people find success and connect with their Kingdom purpose.  In the future he will gradually move from CEO of one business to mentoring multiple businesses with four simple goals:

  • Teach business starts to become profitable by assessing their business plan, cash flow and strategic relationships

  • Find the Kingdom purpose in the marketplace ministry of the business, and

  • Connect people with angel investors who can take them to the next level quickly

  • Assist investors in finding well-managed and profitable opportunities with a ministry ingredient

Impact from Releasing Kings: Andrew found a sense of “permission” from the Lord to be himself in reading Releasing Kings. The book helped him consolidate his thoughts in areas he intuitively felt for years that weren’t really confirmed in church.

 

How can Andrew help you: Andrew is a great resource for mentoring business start-ups and for dealing with problems at strategic junctions. He has a wonderful grasp of the various pieces needed to create a successful business. His spiritual heritage is a natural connection with marketplace ministry.

 

The place to start is to call or email him to talk through your business plan and give him the opportunity to make some suggestions. The ongoing relationship can be structured to identify solutions with the least amount of time and effort.

Some of the kinds of things Andrew can add are:

  • Helping entrepreneurs to sort out their goals and resources for their business idea

  • Assessing the proper nature of the future company

  • Writing a pre-start business plan

  • Projecting cash flow with all the necessary ingredients

  • Knowing how to legally structure the start-up for multiple rounds of capital investment

  • Finding the right connections to raise capital

  • Identifying and connecting with natural strategic partners who will facilitate the business

  • Taking a product to a point of national or international distribution

  • Identifying related products or services that complement the current business to expand it

  • Knowing when to sell a business for profit and move on to the next idea

  • Dealing with family, especially marriage, issues related to being an entrepreneur