Have you fallen into the trap of thinking that you have to work hard at running your business to get wealthy? I can tell you that this is not necessarily the case. It’s still hard work, but your hard work should be invested elsewhere so that you can see genuinely spectacular results in short periods …
No mistake is wasted if you learn something from it. I think some of the greatest lessons I have learned have been from failures. The key is resiliency and having a learning mindset. I love sharing stories about deals that taught significant lessons, and today I would like to share a story with you about …
Which do you think is more profitable? Creating a business from scratch and then selling it, or buying an established business and then selling it? Previously, we discussed knowing when it is the right time to sell your business. If you aim to transform your wealth and life, your main goal should be to create …
So you’ve done the deal! All of your hard work paid off! Now what? In my last blog, we started discussing the need to begin increasing shareholder value. Once you’ve gone through the figures and done the cash flow and profit management tasks, the next thing is to get the business ready for sale. Enter …
So you’ve acquired a new business…now what? It is really tempting to keep the company you’ve bought. Business is such an emotional thing, and as an entrepreneur, you have to develop a keen emotional maturity about it. It is easy to keep everything and to love them like your children. Trust me, those businesses don’t …
I recent weeks, I’ve shared two great ways you can get into businesses with no money down, namely through a merger or by creating an agglomeration. Both of these methods help businesses solve issues involving risk, scale, and liquidity, as well as provide for easier succession planning. I’m sure much of this sounds great, but …
How Goran Put the Agglomeration Model into Action Read More »
In my last blog, I shared a topic near and dear to my heart: the need to bridge the gap between SMEs (Small- to Medium-sized Enterprises) and the global capital markets. The three key reasons big money doesn’t follow the value of investing in SMEs are due to issues involving risk, scale, and liquidity. But …
Today, I’d like to talk a little bit about a situation that is particularly perturbing to me, and how, as a problem-solving entrepreneur, I propose solving it. Namely, why small businesses contribute to over 50% of the world’s GDP yet does not share that same percentage of the world’s investment capital. Did you know that …
How Small Businesses Can Compete with Larger Ones Read More »
Let’s face it, no matter how well we think we’re proceeding with a deal, things come up. Some teach us valuable lessons; other times, great things come from them. Today’s blog is about one such time when a great thing was created. Once, I took a 50% stake in a process outsourcing business with a …
We’ve looked at how you might structure a deal with a deal pie, so now let’s have a look at mergers. A merger is an acquisition of a company using shares instead of cash. Instead of paying cash to complete the contract, you give up equity in your business. It’s absolutely a no-money-down transaction. You …
