CAN SMALL BUSINESS OWNERS LEARN ANYTHING FROM PRIVATE EQUITY FIRMS???!
I say they can! While there may be a growing demand for service based businesses by private equity firms, the targets for PE acquisition seem to start around $10M in revenue.
That leaves about 88% of businesses to be bought/sold....(see https://www.naics.com/business-lists/counts-by-company-size...
Business partnerships are like marriages, they are just more complicated! Over the last several years, I’ve coached several business partnerships (individuals or all partners) and one resounding theme comes through – they are messy, can be complicated, are emotional and they are certainly not easy. While the initial concept seems like a win-win, they can also go bad when things change fo...
Business owners burying their heads in the sand in 2020 are really dealing with quicksand. Get out now, or risk being swallowed whole by this year’s perfect storm of catastrophes.
Plan now, plan hard. Don’t wait for the New Year to magically erase this year’s problems. Look at what worked well in 2020. It wasn’t all awful. Or, maybe it was! What went wrong, what went r...
I recently met with an owner of local payroll company that we referred to me by a good friend. We had coffee at Panera – her first meeting in public for a while due to COVID19. We introduced ourselves to each other and proceeded to share some notes on our respective businesses. We quickly hit it off and got deep into our life stories.
One subject we talked about was “networking”, as I...
I get asked often, "What exactly do you do Bob!?" or "What does a business coach actually do?"
So here is my answer!
If this stirs any thoughts in you as an owner or leader or it makes you think of another owner/leader who really needs a new plan, just reach out anytime. I'm just a Zoom call and/or cup of coffee away!
Call anytime (317) 559-3900 or find me on https://lnkd.in...
Companies that are surviving, even thriving, have continued to push forward and find new avenues of profitability.
From product manufacturing to printing, healthcare to high-tech, businesses of all sizes and shapes face a perfect storm consisting of the pandemic, politics and a panicked economy. Depressing news is everywhere you turn, and dire predictions abound.
Amid all this, man...
Owning a business is always a roller coaster. If you push forward, there will be hair-flying-back, screaming in excitement moments, but there are also a LOT of hills to climb first and, let’s face it, along the way. From the first lift hill with the anticipation of a big drop, to the little stomach-dropping bumps in the middle, to the slowing hill pulling back into the station, tho...
Whether your business has 10 employees or 10,000 employees, most business owners can say this: 2020 has been tough. From the operational changes brought on by COVID-19, to the downturn in the economy to broken supply chains, even the most successful businesses have had their own share of challenges. But one thing is the same across all businesses in all industries – supporting your...
“Empty pockets never held anyone back. Only empty heads and empty hearts can do that.” – Norman Vincent Peale, author of The Power of Positive Thinking
At The Growth Coach, there’s one word that’s more important than the rest. It’s not strategy, money, success, growth or leadership. It’s something far more important.
Mindset.
And like Peale said ...
Not every business owner or company leader is a planner by nature – it’s a fact of life that we are all wired differently. But whether you call yourself an INTJ, a South, an 8w7 or any of the other many, many personality types, everyone can learn to step back, see the challenges and opportunities at hand, and create a plan to reach (and hopefully exceed) your goals. Gre...
With the right changes in mindsets and habits, you can break free from feeling overworked, overwhelmed, frustrated or like a prisoner to your business. It’s time to fully Feed Your Dreams and Starve Your Fears.