Subscribe to Entrepreneur for $5
Subscribe

You're Fired!

Congratulations on getting canned. Now you can finally do what you want to do-on your own terms.

By
This story appears in the May 2000 issue of Business Start-Ups magazine.

When Frank Wood, the 36-year-old owner of Key-Logic LLC, a computer education center in Windsor, Connecticut, concluded a recent presentation with a prospective client, the president of the client company remarked, "Do you realize your company is nearly the most expensive bid we have received for this project?" Not missing a beat, Wood calmly replied: "I'm so very sorry. We pride ourselves on being the most expensive!"

Key-Logic got the contract. Such confidence in his product has helped Wood and his outstanding team build a successful $2 million company in the eight years since Wood was fired from his previous job. Shortly after new owners took over the company, Wood's entire work unit was cut, despite its high profitability and strong contributions to the company. Recently married and a new homeowner, Wood initially considered seeking another job, but not for long. One day in the shower, he said to himself, "Go for it!" and decided to start his own business.

Continue reading this article -- and everything on Entrepreneur!

Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5!

3 months free with code ZENDESK

Presented by zendesk

3 months free with code ZENDESK