Private Equity 101 | Jack Welch’s Top 3 Business Rules - Ask Clay Anything

Thrivetime Show | Business School without the BS

Clay Clark

Business, Entrepreneur, Thrivetime, Businessschool, Smallbusiness, Entrepreneurship

4.8 • 1.5K Ratings

🗓️ 22 June 2019

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Dr. Z breaks down private equity 101 & Jack Welch’s top 3 business rules including: “Number one, cash is king... number two, communicate... number three, buy or bury the competition.” - Jack Welch (The Former CEO of GE who grew the company by 4,000%)

Transcript

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0:00.0	Dr. Zee, on today's show we're talking about private equity.
0:03.2	Private what?
0:04.2	Private equity.
0:05.2	We have an ophthalmologist who says private equity funds are coming into his industry
0:10.4	and buying out the competition.
0:11.6	Oh yeah. And on today's show, we're going to have you break down how you deal with private equity.
0:15.4	Oh, I'm going to break it down.
0:16.7	You break it down.
0:17.7	You have questions.
0:23.0	America's number one business coach has answers.
0:26.0	It's your Broda from Minnesota.
0:28.0	Here's another edition of Ask Clay Anything on the Thrive Time Business Coach Radio Show.
0:34.0	On the Thrive Nation on today's show, I'm very excited because this show is going to be 90%
0:47.0	Z.
0:48.0	10% me.
0:49.0	Wow.
0:50.0	So it's like, you know, a star movie and it says
0:53.1	starring, you know, Merrill Streep and then some other people.
0:56.5	This is what you're starring Dr. Z.
0:58.2	I'm Merrill Streep in this.
0:59.9	You're the Merrill Streep of this particular feature presentation.
1:04.0	I feel kind of weird but I feel yet honored at the same time.
	...

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