• Home
  • About
  • Contact

The Private Business Owner

An Online Publication by Generational Equity

  • M&A
  • Finance
  • Human Resources
  • Operations
  • Sales & Marketing
You are here: Home / Archives for Innovation

Balancing Risk and Innovation for Market Success

January 27, 2016 By Jessica Johns Pool

innovation vs riskBusiness owners tend to be conservative, particularly where innovation is concerned. Why should you encourage innovation with its inherent risks?

According to the National Center for the Middle Market, significant innovation in the form of new products, services or processes provides significantly greater rewards:

“… companies that invested in new knowledge in existing markets reported an average initial investment of $1.6 million with a return of $5.2 million in revenues and $2.7 million in profits for their last completed innovation project. Per dollar invested, that’s 100% more revenue and 125% more profit than companies received when they innovated more conservatively.”

Here are a few tips to help you capture those extra profits. [Read more…]

Filed Under: Operations Tagged With: employees, Innovation

5 Things Successful Entrepreneurs Do

October 17, 2013 By Lindsey Perkins Wade

successful-entrepreneursFive out of 10 small businesses (companies with less than 500 employees) will survive to see their fifth birthday, according to the Small Business Administration. Successful entrepreneurs that make it to that milestone will have most likely done so because of their ability to apply the following key strategies to their businesses.

No matter what the industry, these traits are typically found in small businesses that survive and thrive beyond their fifth anniversary. As you review these, think about how you are applying them in your world. [Read more…]

Filed Under: Operations, Sales & Marketing Tagged With: communication, Innovation, uncertainty

How Great Leaders And Companies Inspire Action [Video]

January 25, 2012 By Lindsey Perkins Wade

A colleague recently sent me a link to a TED talk by Simon Sinek named “How Great Leaders Inspire Action.” In less than 20 minutes, Simon succinctly conveys how great leaders inspire those around them and how companies’ marketing departments can do the same.

In a nutshell, inspirational leaders all start with why.

I’ve crafted a summary of his presentation below, but if you have 18 minutes, I encourage you to listen, as Simon is a great storyteller and teacher. [Read more…]

Filed Under: Sales & Marketing Tagged With: Apple, Innovation, leadership, People

The Private Business Owner – A Generational Equity Blog

The Private Business Owner is an online publication sponsored by Generational Equity. PBO aims to provide useful tips and information that will improve both the lives and businesses of entrepreneurs, as well as provide valuable insight into the company exit process through bi-weekly M&A Digests.
  • Learn more about Generational Equity

Set Yourself Up For Success

To help business owners become more informed, we've created free, valuable whitepapers to help you as you embark on your jouney.

Start learning today!

  • How To A Build A "Buyer Ready" Business
  • 5 Common Mistakes To Avoid When Selling A Business
  • Uncover Why Investors Are Motivated To Buy Your Business
  • Exit Planning Basics: What You Need To Know Before You Start
  • Everything You Need To Know About The Evaluation
  • How To Find Buyers For Your Business
  • Unlock the 4 Secrets To A Successful Business Sale
  • Ultimate Glossary of Must-Know Terms If You're Selling A Business
  • Acquisition Case Study of Johnston Enterprises: A Novel Split Pays Off

© 2023 Generational Equity. All rights reserved.      General Disclaimer / Privacy Policy