back arrowView show

11: Nurturing a Small Business, Maximizing Potential and Preparing for a Founder's Exit wi…


Episode description

Nurturing a small business to maximize its potential while dodging the risks, plus preparing a business for an exit when a business founder wants out are the topics on today’s podcast. 

You will meet Jeff Kadlic, who started his career in commercial lending, then moved into institutional investing. During his time in the investment sector, he was exposed to private equity funds. He kept seeing smaller successful companies that didn’t have access to capital but were overlooked by the larger investors. Today, Jeff is an advocate for small business owners, and his company, Evolution Capital Partners, dedicates itself exclusively to this market. There is lots to learn in this episode! Take a listen as Scott and Jeff chat.

Show Highlights: 

  • Farming system for “the big leagues”
  • Target: small businesses with 500k - 3mil operating profit
  • Professionalizing great small businesses to make them attractive to institutional buyers
  • Maximizing potential
  • Fundamentals of accurate and timely financial reporting
  • Fundamentals of achievable and measurable strategic plan
  • Fundamentals of aligned and experienced management team
  • Fundamentals of transparent & accountable team members
  • Fundamentals of effective and repeatable sales process
  • When business owners want out: exit strategies
  • Business is completely dependent on its founder
  • Ways in which a founder hurts or adds value
  • Checking your ego
  • What is the business really worth?
  • Start preparing at least 2 years in advance
  • The importance of being emotionally balanced
  • The value of most peoples net worth is tied up in their business
  • How to know when it’s time to sell
  • Making sure business is running optimally during the sales process
  • Investing in the best team that you can afford to get you to the desired result
  • Financial consequences resulting from sale process
  • Later consequences “representations and warranties”
  • What is the importance of having a board of advisors?
  • Preparing for your company exit
  • Buyers generally look at last 3 years historical financials 
  • Some buyers also ask for 5 years projections 
  • Filling in the gaps where the challenges are
  • Continuing to learn and push yourself every day to do better - utilizing coaches

Links & Resources:


Book: “Shoe Dog”, by Phil Knight


episodes iconMore Episodes

12: Evaluating a Separation Package

July 8th, 2019


Chances are, you or somebody you know, have been offered a separation package from an employer.

Today, Scott shares with us “Rob’s” story. Rob was around age 60 and planned to retire at age 65 when his long-term …

10: Changing Careers to Follow Your Passion with Bob Paskins

June 10th, 2019


It’s human nature to desire stability in our lives, but we often have to overcome that drive for security to achieve our goals. Today’s guest, Bob …

09: Incorporating Philanthropy Into Your Financial Plan with Bill Hawke

May 27th, 2019


Incorporating philanthropy into your finances isn’t a requirement, but it is fulfilling and easily achievable if you happen to be charitably …

08: What You Should Know Before Investing in Real Estate with John Swagerty

May 6th, 2019


Real estate is a diverse market that is much more complex than commonly perceived. In today’s interview with John Swagerty, Senior Vice President at Acadia Realty Trust, Scott and John dissect what goes into evaluating …

07: Making Your Finances Mortgage Ready with Kim Bean

April 22nd, 2019


A home is one of the biggest purchases you’ll make in your lifetime, so why do people know so little about it? Todays’ guest, Kim Bean, has been a mortgage loan officer for decades and has seen the ups, downs, and …

06: Starting a Business After Retirement with Kim Netting

April 10th, 2019


Retirement doesn’t have to mean stagnation or mark the end of pursuing dreams. In fact, many people aspire and start up their own personal businesses …

05: Organizing Your Systems of Life with Beth Giles

March 18th, 2019


Everyone wants to be more organized in life, and most need to downsize their belongings along the journey. Today’s guest will help you with these goals. Beth Giles is the Professional Organizer/Senior Move Manager at NW …

04: Building Financial Confidence with Apollo Lupescu

March 4th, 2019


We all want to be financially educated and invest in companies we believe will be the most impactful in regards to what we believe in, all while …

03: The Everyday Guide to Tax Planning for Retirement

January 31st, 2019


Preparing for retirement doesn’t have to be difficult or overwhelming. Professional investment advisors are trained to help assist with each …

02: The Most Commonly Misunderstood Aspects of Implementing a Will with Melanie Marmion

January 30th, 2019


We all have questions when it comes to planning for our future and how to implement the best plan of action when it comes to setting a legal plan in place. When it comes to finances the majority of us have an …

01: Introducing Your Best Financial Life

January 14th, 2019


Working in the financial industry, I get asked a lot of questions about money everywhere I go. No one is immune from the stress that money creates in our lives. We all have questions that keep us up at night, and I want …

Loading ...

Download the RadioPublic app for
 FREE and never miss an episode.

Get it on Google PlayDownload on the App Store