In the course of daily business activities, I spend time at various meetings, conferences, and other organized functions where I meet a lot of entrepreneurs. Inevitably, the conversation turns to, “So, what do you do?” I explain that I help entrepreneurs plan and get their businesses ready for sale. I’m…
Continue Reading....Author: Tripp Braden
How to Make Your Business Attractive to Buyers
I’ve been involved in mergers and acquisitions for the past 25 years. I’m always asked how my clients and businesses decide who to buy. Why do they choose to buy certain businesses and pass on others? Sitting in a conference on Succession Planning for Private Businesses last week reminded me…
Continue Reading....When Succession Planning Fails
Only 40% of privately held businesses have a succession plan in place for their organization. Only 55% of family owned businesses have a plan for their next generation of leadership. Over 70% of nonprofits do not have a successor for their original founder. Why does it seem so many organizations…
Continue Reading....What Today’s Entrepreneurs Can Learn from Washington
George Washington led our country well over 220 years ago. How would he deal with the challenges facing purpose driven entrepreneurs today? What can we learn from this revolutionary leader? The first lesson George Washington might teach us is that it’s better to dodge a bullet than take one. As…
Continue Reading....Four Questions to Hiring Better Sales Professionals
Have you ever wondered why some sales professionals are more successful than others? What does it take to excel in today’s challenging sales environment? Depending on your business, a sales professional can cost your organization between $150,000 and $1,000,000 to hire, bring onboard and start producing. With these high costs,…
Continue Reading....How Do You Hire Your Next Sales Superstar?
How do you hire the right sales professional? This is the most popular question I get asked by business leaders. Over 70% of all business leaders believe they have hired the wrong sales professional in their career as a leader. Hiring the right sales professional can make a huge difference…
Continue Reading....How to Build a Great Team
Many of the best companies I work with are growing very quickly. The biggest challenge for them is how to hire the right people to work well within their current business culture while continuing to grow as their organization does. I’ve worked with ten organizations that have grown from a…
Continue Reading....Let’s Start Our Future Today
We have several celebrations going on today in the United States. We are celebrating Dr. Martin Luther King Jr.’s life and leadership. We are also watching President Obama’s second Presidential Inauguration. For us in this country, we take for granted the peaceful transfer of power for our presidents and government.…
Continue Reading....Create a Great Leadership Team Like Dr. Martin Luther King Jr.
What made Dr. Martin Luther King Jr. such a powerful serving leader? Can we use the same principles he used to help impact our world today? During the 1980’s, I was given an opportunity to interview his wife and several of his closest associates about what they felt about the…
Continue Reading....How To Onboard Your New Leaders
As we start 2013, many of you are promoting people to your leadership teams. So how do you onboard these new team members more quickly? Since almost every midmarket organization I’m working with is trying to get more done with fewer leaders, it’s even more critical than in the past…
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