Listen to “#715 How to Make a Deal In Uncertain Economic Times” on Spreaker.
On this episode of The Small Business Radio Show…
SEGMENT 1 with Scott Hallman, starting at 0:00: How can your company experience hypergrowth amidst inflation, a recession, and supply chain issues? Successful entrepreneur and business advisor Scott Hallman shares his success drivers to hypergrowth.
SEGMENT 2 with Marc H. Morgenstern, starting at 18:45: How does a professional deal-maker handle uncertain business and economic times? Marc Morgenstern is here to help you make a deal in your small business.
SEGMENT 3 with Alex Budak, starting at 38:15: It is difficult to make changes in your life and business. What does it take to lead change successfully and become more comfortable navigating it?
Sponsored by Truly Financial.
More on each segment below.
Segment 1: Scott Hallman is a two-time Inc 500 company founder (#59 and #106) who built his third company to $1B valuation. He is the author of the #1 Amazon-Kindle Bestselling book, “The 7 Success Drivers to HYPERGROWTH.” His clients have included Tony Robbins, Chet Holmes, and Joe DeSena of Spartan Race.
- What you must do differently in business when inflation is 8-9%
- How small businesses can prepare for a recession
- What is different about the companies that experience hypergrowth
- Finding your secret sauce
- The keys to hiring top talent
- Systems, processes, and metrics can drive your business forward
- Preparing your business to sell for the maximum price
Segment 2: Marc H. Morgenstern is an out-of-the-box, uber-successful dealmaker, and rock aficionado. He is no ordinary business leader! His uncommon insights are powered by the confluence of 400+ successful deals, a lifetime of following the Grateful Dead, and selling encyclopedias door-to-door. He was there Day One of OfficeMax to co-founding digital healthcare software company Within3. Marc is the Managing Partner and founder of early-stage investor Blue Mesa Partners. He is a member of the Board of Directors for the Rock and Roll Hall of Fame since 1983.
- You have one mouth and two ears; the ratio wasn’t an accident.
- Learn to listen like a musician, not a lawyer.
- Thinking of a deal as a circle
- An expectation unarticulated is a disappointment guaranteed.
- When the future is unclear, should you continue or pull the plug? Am I continuing out of stubbornness or out of perseverance?
- Be realistic about what your company is worth today
Segment 3: Alex Budak is a social entrepreneur, faculty member at Berkeley Haas, and the author of Becoming a Changemaker. He teaches, speaks, and writes to help people make a positive impact in their lives, career, communities, and society. As a social entrepreneur, he co‐founded StartSomeGood.com, ran Sweden’s most prominent social innovation incubator, Reach for Change, and helped Change.org scale globally.
- Why is change so hard for people?
- What is a changemaker?
- What it takes to lead change successfully
- Getting more comfortable with navigating change
- “Confidence without attitude”
- How do you teach your business students to fail forward?
