Assumptions are the #1 reason we fail in our expectations when hiring and raising capital.
Assumptions are drawn when we don’t invest the time to listen to all parties. Asking deeper questions to gather data to support an accurate decision is crucial. What is not uncovered is the reason we make bad hires. Because we inject our own assumptions, needs & bias where the evidence should be.
This especially holds true in your hiring process when our needs and desires cloud what is most important, the truth.
Our guest today: Brian Franco, Founder & Managing Partner of Meritage Partners.
Brian strives for excellence and fairness in deal structure and has a deeply intuitive understanding of the importance of company’s compatibility. He has represented and completed deals with an extremely diverse set of small and mid-sized businesses (SMB's), private equity groups and public companies in a number of industries and has significant experience working with companies in: architecture & engineering, healthcare, manufacturing, logistics, wellness, A.I., software and technology, and professional services.
Brian is an expert in aligning expectations in the M&A process.
Today we discuss:
Challenge today?
EXAMPLE: Amazon did not expect to make a profit for four to five years
QUESTION: Will you expect Capital Providers to wait months or years to return a profit?
Note: Visionaries aren’t always the best integrators
STORY: Some of us are familiar with the story about Steve Jobs leaving Apple in 1985 for 12 years and then returning in 1997
Why is this important to the company?
Rick’s Nuggets
How do we solve the problem of managing expectations?
It is as simple as “Listening” and “Educating” ourselves so that we align and meet expectations of Capital Raisers and Capital Providers.
Identify what is Achievable
Education
Plan & Equip
Rick’s Nuggets
Key Takeaways -Value:
Guest Links:
Brian Franco: LinkedIn Twitter
Company: Meritage Partners
This show is proudly sponsored by Criteria Crop
Interviewing Patience Right Person Force Multiplier with Jeff Leitman
How Skipping Process Bites You With Bill Snyder
When HR Takes Away The Nerf Guns With Steven Freidkin
Driving Culture Change with Jason Lippert
Creating a Purpose-Driven Company with Jay Wilkinson
The 10 Disciplines with Gino Wickman
Hiring the Right Person, Right Seat, Right Stage with Dean Stoecker of Alteryx
Pre-vetting Candidates Before the Interview with Payman Taei of Visme
Building an Advisory Ecosystem with Coco Brown of The Athena Alliance
The Characteristics of a Successful Hire with Allan Jones of Bambee
Hiring with Poorly Defined Metrics of Success with Kurt Davis of Stealth Smiles Startup
Aligning the “Why” in the Interview Process with Ted Bradshaw of EOS Worldwide
Maximizing VC Hiring Referrals with Rob Whalen of PTO Exchange
Hiring the Right Person in the Wrong Seat with Thomas Brunskill of Forage
How Your Company Can Hire Like Amazon with Steve Anderson of Catalyit
The Hire, Fire, Hire, Fire Cycle with Jason Sherman of Spinnr
How Conversational Interviews Breed Bias & Discrimination with Robert Hudock of Hudock Employment Law Group
The Perfect Recruiting Email with Dustin Riechmann of Simple Success Coaching
Top 3 Offer Mistakes when Hiring with Rick Girard of Intertru Inc.
Hiring Without Money with William Glass of Ostrich
Join Podbean Ads Marketplace and connect with engaged listeners.
Advertise Today
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Organic Marketing Simplified: Master podcast marketing, fuel podcast growth, and make money podcasting!
THE GO BIZ GUY
The Sigma Femme Podcast
The Prof G Pod with Scott Galloway
The Money Mondays