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MBN on the Road | Valuation And EOS Breakout Workshop from Leadership Talk June 2024 Part 1 & 2

October 22, 2024

Getting A Grip

Wednesday June 12, 2024, MBN’s Jeffrey Mosher hit the road and caught the VIP Q & A Workshop session following a Leadership Talk. This is video number 3 and 4 from that day.

In this video discover how EOS, growth strategy & valuation drivers can turn your business into a sellable, high-value asset click on the YouTube video shared below:

Watch as they share how to unlock growth, boost valuation & plan your exit! Don’t miss this proven workshop for Michigan entrepreneurs & leaders in the YouTube video shared below:

In this set of 4 videos you can catch a can’t miss event where the gathering in REO Town in video 2 below attendees heard from Matthew Pollard, the Rapid Growth Guy. Mr. Pollard was kind enough to stick around and answer several questions for the set hosted by Reuben Levinsohn of Washington Avenue Advisors in this nearly 50 minute session.

For the pair shared above:

In this Business Valuation Workshop, for the next video, attendees discovered the 8 keys to unlocking growth, building a great organization, and achieving clarity in your company’s vision. Led by industry experts Reuben Levinsohn and Nicholas Pope of Washington Avenue Advisors, and joined by Professional EOS Implementer Mike Maddox, this series equips entrepreneurs with the tools to maximize their business’s value and prepare for a successful exit. Upcoming videos will share from that part of the day.

Our live workshop series will help you to:

Understand the 8 drivers of business growth
Understand the 6 keys to building a truly great organization
Learn how to achieve a clear company vision
Instill discipline and accountability throughout the organization
Roll up your sleeves and confront organizational issues head-on
Strengthen your business and produce powerful results

Don’t let your business stagnate—join us to strengthen your business and produce powerful results!

Mike Maddox shared his story of running and operating a company called ASK, an IT and cyber security company, which experienced 10x growth over 10 years, but also faced chaos and frustration, and eventually implemented the Entrepreneurial Operating System (EOS) to get the business healthy and aligned, and was later acquired by a large multinational company

01:14.

Mike’s experience with EOS and his acquisition led him to start coaching other businesses, and he eventually got his franchise to coach clients, with the goal of helping other business owners achieve successful exits and grow their business value

04:44.

Brian, a partner with Washington Avenue Advisors, shared his motivation for helping business owners with their valuation and exit, which is to see stories like Mike’s and help owners have successful exits, allowing them to pursue their passions and reap the benefits of their hard work, and he achieved the Certified Exit Planning Advisor (CEPA) designation to be more intentional about delivering this service

07:29.

Understanding the eight drivers of business value and the six keys of operational success can help business owners make informed decisions and potentially increase their company’s value

10:24

Focusing on a unique aspect of a business, such as monopoly control, can lead to competitive advantages and better margins, as seen in Stephanie Breedlove’s story of growing her company to $9 million in revenue

11:31

Building a strong “moat” around a business by developing a unique skill or service can make it more valuable and attractive to potential buyers, as demonstrated by Stephanie’s sale of her company for $54 million

17:40

To set a company apart, it’s essential to focus on the customers and understand how they view the business, rather than just relying on knowledge

22:08.

Rod’s company, After Mail, was sold for $35 million due to its growth potential, which was driven by its ability to help companies archive their communications, a need that arose after the Sarbanes-Oxley legislation

23:03.

The eight drivers of valuation can be maximized by achieving alignment on vision, getting traction in the business, and maintaining a healthy business, which can be accomplished through the Entrepreneurial Operating System (EOS)

27:41.

Who should attend in October if you missed the June event?

Open-minded and growth-oriented owners and leaders of businesses with 10 or more employees, who want to take their company from good to great!

The series of workshops will continue, with the next one scheduled for October 17th, and participants will have the opportunity to assess their company’s score in the eight drivers compared to industry peers

00:04.

Maximizing the eight drivers of valuation can be achieved by getting alignment on vision, traction, and health in a business, allowing companies to increase their multiples and achieve their goals

01:18.

The Entrepreneurial Operating System (EOS) is a simple and effective way to implement operational efficiency, focusing on six foundational areas, including vision, people, and data, to help businesses become healthy and strong

02:09.

Achieving Traction

Vision without traction is considered hallucination, and having clear objectives for the business in a 90-day world is crucial for achieving traction