Continental, Inc.
1524 Jackson Street
Anderson, Indiana 46016
Phone: 765-778-9999

Giving Retirement The "Birdie"

Imagine this improbable scenario: The PGA decides to cut costs by offering an early retirement package to their top golfers. Tiger Woods and Vijay Singh decide to accept this offer and they quit the world of tournament golf.

After a few weeks of vacation in Hawaii, Tiger and Vijay become bored. They decide to take up a new "hobby" and learn engineering. Despite many hours of study and practice, they accept the fact that they will never make the "Engineering Hall of Fame" but they enjoy what they are doing and do see regular improvement in their skills.

Senior playing golf Sound like a misuse of valuable talent? Though not seen in the golfing world, early retirement packages have been the favored cost-cutting strategy of a number of US based major manufacturers for the last two decades.

One example is Rick Taylor. Rick was a top R & D Engineer with over a dozen patents to his name. His products earned a great deal of profit for his employer over the last 25 years, but no more. Five years ago, at the young age of 51, Rick was offered an early retirement package. He accepted.

Where is he spending his time now?

He's playing golf! And — by the way — he's starting to get bored.

Unbeknownst to many employers, there are thousands of Rick Taylor's out there. Many of them are bored. These talented professionals are interested in working either part-time or full-time. They have a wealth of knowledge and experience. Since they've landed with a golden parachute, they don't need full-time employment. As such, they are willing to work for short periods of time to complete a project, often at a very reasonable salary. And best of all – they usually have fully paid medical benefits as part of their early retirement package, saving their new employer that large cost.

Recently Rick Taylor decided he'd had enough golf. He missed the challenge of creating new products. He polished up his resume and asked Continental Professional Services to find him a position. Rick is now working with a small start-up company creating new products. The company is thrilled they could afford to hire someone of Rick's caliber.

Putting a talented "early retiree" back to work is a hole-in-one for the employer and the employee!

We at Continental Professional Services specialize in recruiting these top pros. We know where to find them and we know, for a fact, that the majority of these hard-working, technical experts are available and eager to offer their valuable talent to your company for short or long-term projects. They come to you with drive, based on years of on-the-job experience.

When you think about it, it's obviously a win-win situation — especially when you can hire these pros at a reasonable rate, without all the red tape that usually accompanies full-time salaried employees.

Since 1985 Continental has provided design and engineering specialists as well as technical teams for projects large and small. Continental provides short-term expertise for your smaller projects or assembles complete teams for major projects, such as the implementation of a new assembly line.

Let's keep Tiger Woods on the golf course and get these engineers back where they belong: making money for you.

To find out more, click on the golf ball below.

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Got Enough "Skin in the Game"?

Do you know what it means when an investor talks about an entrepreneur having some "skin in the game?"

The idea started in ancient times, when someone who was very sure of a positive outcome would bet his shirt on whether or not something would succeed. This was a serious bet back then because the unfortunate man who lost was at the mercy of cold rain or hot sun.

Today the "Skins Games" in golf have come to mean high risk, high reward.

risk dice

In the "Senior Skins Game," for example, the golfer must win a hole outright or the money carries over to the next hole. As the golfers progress, the value of the purse for each hole rises, meaning that each hole is "winner-take-all" and the stakes vary from $20,000 per hole to $100,000. By the time you get to the final hole, there can be $700,000 at stake during a game.

In business, when an investor asks an entrepreneur if he or she has some skin in the game, it means that it's going to hurt the entrepreneur a lot more than the investor if the idea fails. It also means that the entrepreneur sees the potential rewards as being high enough to take the risk — and put his own skin in the game.

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