by George Sotiropoulos | Jul 28, 2023 | Customer Experience, Business Value, Scaling the Business
I had an owner come to me one day telling me about his average 15 hour workdays managing a remote staff.He was recently married but it was already suffering.When I asked what took up most of his time.His answer was monitoring the key strokes his employees were...
by George Sotiropoulos | Jul 27, 2023 | Customer Experience, Business Value, Scaling the Business
We have been touching on Due Diligence all week.When a potential buyer is rifling through all aspects of your business, they are looking for answers to several questions they have before deciding to invest.One of the questions is about your potential for long-term...
by George Sotiropoulos | Jul 26, 2023 | Business Value, Scaling the Business
Yesterday we spoke about pricing to help drive growth.Today we can talk about increasing the volume of purchases.Now when it comes to growth by more purchases, many business owners automatically turn to advertising and trying to accelerate customer acquisitions.Of...
by George Sotiropoulos | Jul 25, 2023 | Business Value, Customer Experience, Scaling the Business
As business owners, most of us have vivid dreams of growing and scaling our companies.Often though, we hit a point where it feels we are running against a wallWhere what used to work is fading… like a computer’s battery after a couple years.Acquiring another...
by George Sotiropoulos | Jul 24, 2023 | Business Value
“I plead the fifth…” To Americans this is a well known phrase. It’s the constitutional right you have not to incriminate yourself in a court of law.A lot of people around the world know it from watching it in movies or when some celebrity US trial is on the...
by George Sotiropoulos | Jul 21, 2023 | Business Value, Dependency on Owner, Scaling the Business
Let’s finish the week and this topic of a game of inches and how it applies to business.I want you to imagine you have someone who wants to buy your business and has offered you a life-changing amount for it.Do you have that amount in your head?Great..Keep it in...
by George Sotiropoulos | Jul 20, 2023 | Business Value, Dependency on Owner, Scaling the Business
Chicago … winter 1985… Bears…Makes the frenzy around ChatGPT look like Childs play compared to the sports fever that gripped Chicago that fall.As teenagers, and to be honest, like everyone in the city those months, we were obsessed with the team, its colourful...
by George Sotiropoulos | Jul 19, 2023 | Business Value
It was one of those days.. the ones where you know your life is going to change..This was going to be my first M&A Deal.From a random meeting in London I had helped put together an acquisition that wasn’t huge in deal size (less than $10 million) but was exciting...
by George Sotiropoulos | Jul 18, 2023 | Business Value, Scaling the Business
I was confused…Did my wife and I switch places?Was I facing the parent of a seven year old … angry that her precious little boy was having a hard time with his letters and numbers and so the teacher is at fault.“You can’t ask him that.. he doesn’t have it and it’s not...
by George Sotiropoulos | Jul 17, 2023 | Business Value, Scaling the Business
“You find out life’s this game of inches. So is football because in either game, life or football, the margin for error is so small. I mean, one half a step too late or too early and you don’t quite make it. One half second, too slow, too fast, you don’t quite catch...