Building Legacies and Sustaining Family-Owned Businesses with Malcolm Peace

Описание: Join us as Malcolm Peace, founder of Tsetserra Growth Partners, shares his journey of acquiring and transitioning family-owned businesses in Texas. Malcolm dives into the importance of preserving legacies, fostering connections, and building sustainable business models.

Key Highlights:

-Entrepreneurial Journey: Malcolm's path to founding Tsetserra Growth Partners, rooted in family legacy and the story behind the name.

-Identifying Underserved Sectors: Targeting underserved business sectors for long-term sustainability, with a focus on blue-collar industrial businesses.

-Transitioning Business Models: The challenge of shifting from an owner-centric to a team-focused model, with the importance of organizational structure and KPIs.

-Operating Partners for Smooth Transitions: Utilizing majority equity buyouts and retaining owners in specific roles to ensure smooth business transitions and scalability.

-Texas Business Opportunities: Leveraging the advantages of Texas's lower costs, local knowledge, and abundant business opportunities.

-Succession Planning: Assisting business owners in planning successful transitions to the next generation.

-Adding Value: Enhancing blue-collar businesses with technology and structured approaches for growth.

-Negotiation and Valuation: Navigating the valuation process and negotiating favorable terms to maximize ROI and maintain business legacy.

-Adapting to Change: Malcolm's approach to adapting business practices to maintain customer satisfaction, influenced by his leadership style, morning routine, and focus on family.

Learn from Malcolm Peace's expertise on sustaining and growing family-owned businesses in this insightful episode.

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To learn more about Malcolm Peace’s work, visit: https://tsetserra.com/.

If you think you’re a fit for the show, apply here: https://go.rlebrun.com/podcast-guest.

Want to learn more about Rich’s work at LeBrun Advisory Group? Check out their website at https://www.rlebrun.com/.

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