Lesson # 1 from Scaling and Selling Your Business for a High Valuation: Ensuring Your Business Model Can Rapidly Scale Without Breaking
Scaling a business is exhilarating—until your systems, people, or processes start to crack under the pressure. Doubling a telemedicine company in two years and selling it to Walmart taught me firsthand that rapid growth is only possible if your foundation is rock-solid. Here’s how to ensure your business model is built for scale, with the…
CEO Lessons Learned From Scaling And Selling A Business To Walmart
So you want to scale and sell your business for a high valuation in just 2–3 years? It’s an ambitious goal, but it’s possible if you get the fundamentals right. In fact, it’s exactly what I and my team achieved by doubling a telemedicine company in two years and selling it to Walmart. But here’s the…
Five Steps To Turn Your Executive Team Into A Growth Accelerator
CEOs, founders and executive leaders know the pressures: craft a disruptive strategy, build flawless execution plans, and expect to deliver breakthrough results. Yet, months later, many organizations find themselves failing short – despite having “done everything right.”. Why? Because even the best strategy and execution cannot compensate for an executive that isn’t fully aligned. To…
The Cornerstones of Ongoing Employee Engagement – And Compensation isn’t One of Them
As CEOs and executive leaders, we can often sense when employee engagement is high. We can feel the energy—moods are better, collaboration flows seamlessly, and results exceed expectations. Employees seem “all in” on their work, driven by a passion for what they do. However, this level of engagement rarely lasts forever. Over time, the enthusiasm…
How Best to Handle The Four Extreme Employee Types
Every organization has the four extreme employee types, and it is imperative leaders know how to handle each type. The four extreme employee types are at the far ends of value alignment and productivity, with each one requiring a separate set of actions. Not addressing these extreme employee types in the proper manner will negatively…
The Seven Critical Attributes of Compelling Brand Promises
Prospects need to know what your brand stands for, and so often as leaders of companies, we think we have strong brand promises. However, ask current clients, informed prospects, even employees what your brand stands for, and you may get blank stares or generic answers. Most leaders and companies underinvest in this critical aspect of positioning. Verne…
The Culture Vulture – Every Organization’s Number One Internal Enemy That They Do Nothing About.
Check out the original publication on LinkedIn. As a leader, have you ever said or thought something like the following: “John is our top sales person and has the relationship with our top clients – even though we know he can be negative we can’t let him go – we would lose too much business.”…
Excellence is the next five minutes
Check out the original publication on LinkedIn. Recently I was listening “Tribe of Mentors”, an excellent book by Tim Ferriss, and one of the business influencers he featured was Tom Peters. For those of you who don’t know Tom Peters, he is a management guru who wrote “In Search of Excellence” almost 40 years ago, a book that…
How Employers Can Identify And Prevent Burnout In The Workplace
Check out the original publication on Forbes. Bill Goodwin is CEO of MeMD, a national telehealth provider offering virtual urgent care, primary care, and behavioral health solutions. Two years ago, the World Health Organization officially recognized burnout as a medical diagnosis. One year prior, a Gallup survey revealed two-thirds of workers were experiencing burnout. Unsurprisingly, the pandemic hasn’t helped…
Compliments Make The Business World Go-Round: What’s Your Compliment Score?
Check out the original publication on Forbes. Bill Goodwin is CEO of MeMD, a national telehealth provider offering virtual urgent care, primary care, and behavioral health solutions. Let’s face it. We all need compliments on a regular basis. Leading isn’t easy. Working with other people can often be a challenge. The underlying stress of always having…