ABOUT THE AUTHOR ERNEST J. HONIGMANN

Following is a brief account of the author’s background and activities from 1978 when he quit the corporate world, to August 2007 as his book went to press.

How the Author Happened to Switch Out of His Former Career: After many years in the defense industry, the author’s career unsuspectingly took a turn one day when he happened to play tennis with a new friend. The friend told of having been ousted, after years as a loyal employee, by a corporate takeover. After feeling devastated by his loss, the friend had taken charge of his life to become an entrepreneur with more happiness, more freedom, and even more wealth than he would ever have imagined.

The author was so inspired by his friend’s experience that the following Friday—at 47 years of age—he shocked his fellow workers by giving two weeks notice. His boss reacted by offering more cash, to no avail. The author stuck to his decision and never looked back.

That was the best decision he ever made.

 

How the Author Happened to Become a Business Broker, Writer, and Publisher: While celebrating his new status with a full year of dissipation and amusement, he saw a business broker’s ad one day that piqued him to inquire what those people do for a living. On hearing the answer, he knew instantly what he wanted to do for the rest of his life. (It was the type and variety of duties, the multiplicity of responsibilities, and the freedom of independence that so attracted him.)

In 1980, he formed Honigmann, Inc. and began brokering the purchases and sales of small businesses. In 1986, he designed and began teaching a class in buying and selling a small business for the Continuing Education program at St. Louis Community College. In 1992, after searching unsuccessfully for a book meeting his standards to recommend to his students, he committed himself to writing Buying and Selling a Small Business.

The manuscript was favorably reviewed by two publishers, Irwin Professional (later acquired by McGraw) which rejected for lack of budget, and CCH (formerly Commerce Clearing House) whose contract the author rejected to control editing.

In 2004, he established Monnet Press, taught himself how to publish a book (with the help of books by Dan Poynter and Tom and Marilyn Ross), and made lots of mistakes in the process.

Though now semiretired, he still accepts an occasional appraising or consulting assignment.


What Else the Author Has Been Doing: In 1997, he joined the board of directors at the Arsenal Credit Union in Arnold, Missouri. In 2001, he was elected to the board’s executive committee. He resigned in 2005 to have more time and energy for publishing.

Since 1999, he has served as a part-time associate with Howe & Ely, a nationally recognized brokering and appraising firm specializing in the retail lumber and building material industry.

In line with his business sales, which almost always involve real estate, the author is licensed as a real estate broker by the State of Missouri.

He was a member of The Independent Book Publishers Association from 2004 through 2009.

The author holds a bachelor of science degree in mechanical engineering from Illinois Institute of Technology, and a master of engineering administration degree from Washington University in St. Louis.

 

Credo: Treat others as you would be treated.

Email the Author: info@monnetpress.com