BUSINESSWEEK ONLINE : FEBRUARY 5, 2001 ISSUE
FRONTIER -- FEATURES

A Seat on the Roller Coaster
3.2.98

For more than a decade, RENEE FELLMAN, owner of Portland (Ore.)-based Interim Management Co., made a living by rescuing companies. But last year she embarked on her biggest turnaround of all: closing her consulting firm and taking the plunge as an entrepreneur, with an online diet-coaching service, as yet unnamed, set to launch this fall. Fellman, 57, has five employees and is seeking investors to supplement the $100,000 of her own cash she has already invested.

Q: You had a thriving consulting business. Why give it up?
A: I was between projects and doing some gratis consulting for my son's interactive-design company. They were doing things they were really excited about. It made me realize this is what I need to be doing.

Q: How is gearing up for your launch different from consulting for others?
A: I don't have to deal with recalcitrant owners. Also, I'm not cleaning up other peoples' messes--and I don't have to leave just as things get interesting.

Q: Still, you must get nostalgic for the days when you could walk away from all the headaches.
A: Doing a startup is like riding a roller coaster. When I'm at the bottom, yes. But when I'm meeting my goals, I wouldn't exchange it for anything.



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