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Justin Starbird .
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November 8, 2024 .
Scaling with Purpose: The Journey from Startup to Sale
Scaling a business and ultimately selling it are dreams many entrepreneurs aspire to, but the journey is rarely a straight path. In this episode of Inspectations, Rick Greenwald, founder of Simbex and current CEO of Bionic SkinsTM, recently joined us on the Inspectations podcast to share his thoughtful approach to scaling a business for long-term growth, positioning it for a successful sale, and ensuring that the company’s culture and values remain intact during the transition.
Rick takes us through his five-year journey of building Simbex, focusing on more than just revenue growth. He emphasizes:
📍Creating a strong operational foundation
📍Building a cohesive company culture
He also discusses how:
📍Early strategic planning sets the stage for success
📍Understanding your goals and knowing what you want from a sale is crucial
📍Choosing the right buyer makes all the difference in your business’s future
As a leader who valued self-awareness and team collaboration, Rick highlights:
📍Trusting your team to execute your vision
📍Prioritizing long-term growth over short-term profits
📍Maintaining company culture during the sale process
Whether you're in the early stages of scaling or thinking about your exit strategy, Rick’s insights are essential for:
📍Building sustainable growth
📍Positioning your business for a successful sale
📍Leaving a lasting legacy
🎧 Listen now to, "Scaling for Success: Lessons in Growing and Selling a Business,"
hear Rick's expert advice on how to scale, sell, and sustain your business—while preserving its heart and soul.
Tackle one of the toughest challenges in business leadership - effectively "inspecting what you expect" - on the Inspectations podcast!
Too often, businesses fail or managers lose their way due to the fact they were operating based on expectations they had never inspected.
The Inspectations podcast, hosted by Justin Starbird, CEO of The Aebli Group, brings together leaders spanning diverse industries, to explore topics such as best practices, innovation, leadership, and business development.
Born from internal discussions within the TAG Team, the podcast strives to enhance processes and systems in your business!
Tune in today for illuminating discussions and actionable insights!
Other recent episodes include:
Introverted and Empowered: Turning Quiet Strength into Leadership Success
The Power of Patience in Innovation: Turning Aerospace Tech into Life-Saving Solutions
Justin Starbird
About the Author: Justin Starbird I have been fortunate to have had several entrepreneurs that came before me take the time to “pull back the curtains” and allow me to be a part of their multi-million dollar companies… and actually value my input. They allowed me to see their mistakes and learn from their real-world lessons so that I wouldn’t have to pay the expensive costs of experience on my own. Additionally, they taught me what really works and the importance of action - not just ideas.