Author Archives: admin

Four Ways for Selling Your Strategy to Potential Investors

Following last week’s blog  on “Fixing Your Financials“, Selling Your Strategy is the second of five grooming strategies.  You should execute as many of these as you can when preparing your Buyable Business for an equity harvesting transaction. Selling Your Strategy is made up of seven tactics, the four of which are the subject of […]

Fixing Your Financials to Make Your Business Buyable

In my upcoming book, that I will reveal soon, there is a chapter about grooming a business for sale including 5 strategies. The first of these I call: Fixing Your Financials.  Here are the four areas to focus on to cover this strategy. Provide Three Years of Financials The financial statements are the first and […]

Grooming Your Business

Here is a real-life story about what grooming your business looks like. János Gréczi is the quintessential self-made entrepreneur. He started importing apparel and nonalcoholic beverages after the fall of the Iron Curtain, and over time he developed the latter concern into a full-fledged beverage distribution business. Later he invested in production equipment using government […]

Why ROcKs trump OKRs (unless you run a hyper-growth tech firm)

I recently met with a construction company committed to using the “OKR” (Objectives and Key Results) approach. This reminded me, that the Entrepreneurial Operating System (EOS) uses a modified version of OKRs, called Rocks. In my experience Rocks work better than OKRs, most of the time.  The reason is, that EOS wraps Rocks into a […]

Mindless Processes: When Systemizing Gets out of Hand

You have been and will be reading a lot about the importance of processes, including mindless process, in this newsletter. I am a fervent believer in them as they can help create scalable, manageable and fun businesses, where people at all levels execute efficiently, without hesitation, delivering quality performance. Isadore Sharp, founder of Four Seasons, […]