Preparing to Exit: 10 Components of an Ultimate Business Exit Strategy

Preparing to Exit: 10 Components of an Ultimate Business Exit Strategy

Preparing to exit your business shouldn’t be taken lightly. But if you keep these 10 critical points in mind, you’ll improve your chances of having a high-valued exit. Related Reading: How to Compete with Larger Companies Copy of The Art of the Exit: Picking the Path The Art of the Exit: Choosing Your Exit Path … Continue reading Preparing to Exit: 10 Components of an Ultimate Business Exit Strategy

How to Compete with Larger Companies

How to Compete with Larger Companies

According to research done by McKinsey & Company, the top 10% of the world’s largest businesses account for almost 90% of economic profit. Meanwhile, the bottom 20% are suffering massive losses. This represents a huge business opportunity for small-to-medium-sized enterprises that can compete with larger rivals by leveraging speed and creativity. As a CEO of a … Continue reading How to Compete with Larger Companies

Focus on Protecting the Downside When in a Recession

Focus on Protecting the Downside When in a Recession

When the environment supports growth, focus your energy on building to the upside. Focus more of your energy on downside protection when times are bad. Are we headed into a recession? As we likely are, I recommend you shift some energy into downside protection as failure to protect the downside is a company killer. Protecting … Continue reading Focus on Protecting the Downside When in a Recession

Capital Raising From Non-Traditional Sources

Capital Raising From Non-Traditional Sources

Raising capital from non-traditional sources can be a good way to get the money you need to grow your business. There are a number of different sources available today, and this article provides a brief summary of the most common ones along with things you need to consider before pursuing them. Capital Raising from Non-Traditional … Continue reading Capital Raising From Non-Traditional Sources

Value of A Players — Hire right or die by a thousand cuts

Value of A Players — Hire right or die by a thousand cuts

In my long career as a company financier, CEO, and business mentor I have found that among the many important things that had to be done right by business leadership was recruiting the best and brightest for all skill positions. I first learned this lesson in my business consulting activities. Grillos Axiom: There is a … Continue reading Value of A Players — Hire right or die by a thousand cuts

Hiring A Players is the Essential to Company Success

Hiring A Players is the Essential to Company Success

Grillos Axiom: There is a nearly 100% probability your company will go out of business if you do not recruit and retain A players. My reasoning involves two forces. First, there is substantial proof that there is an order of magnitude difference between the output of A players and everyone else (commonly referred to the … Continue reading Hiring A Players is the Essential to Company Success