Ep. 306 – Uniquely Normal, Founder, Matt Lesser

Second in Command: The Chief Behind the Chief

Second in Command with Cameron Herold

Entrepreneurship, Business, Management, Careers

4.5 • 1.6K Ratings

🗓️ 22 August 2023

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

Share This Episode On: Ever wondered how to successfully navigate the world of private equity and business growth? In this episode, Matt Lesser takes us through his early days in the family business, the challenges he faced, and the mentors who shaped his path. He...

The post Ep. 306 – Uniquely Normal, Founder, Matt Lesser appeared first on COO Alliance.

Transcript

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0:00.0	I'm Cameron Herald, the founder of the Second Command Podcast.
0:03.0	Really quick, before we jump into today's episode,
0:05.0	you need to know about two important ways that we can help you and your company grow.
0:09.0	Number one, check out the COO Alliance.
0:12.0	It's for COOs, Presidents, BP Ops, or whoever is your company's second in command to the CEO.
0:18.0	The COO Alliance is the world's leading community for the second in command and it gives
0:22.8	COOs the tools and connections to grow themselves and the company.
0:27.2	Head over to C.O.Aliance.com to learn more about our members and
0:30.7	the results, the program, and our 10X guarantee.
0:34.3	If you qualify for membership, you can set up a complimentary call with our team to discuss if it's
0:38.4	right for you.
0:39.4	I'll tell you about number two in a bit, but first, let's start this week's episode.
0:44.0	Why do you want to bring in PE? Is it to sell the company? Is it to just get some
0:49.8	fuel to help the company scale and grow.
0:52.6	So basically like a partnership.
0:54.1	And because different PE firms have different focuses.
0:56.4	And so one of the things you want to focus on or know
0:59.0	is how is that PE firm funded?
1:01.5	If they're funded by institutional investors more than likely
1:04.2	there is a very defined time frame on how long they're allowed to hold the company.
1:08.7	Usually it's in the five to ten year range and so that's the first thing.
1:12.1	I understand how they're funded.
	...

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