Kelley Powell - Why You Need an Excitement Committee to get you through the Valley Of Despair

Grow My Business Or Sell It

For this episode of Grow My Business Or Sell It we’re travelling all the way to Richmond Virginia to meet Kelley Powell. She has huge experience in private equity and M&A, culminating in her current role as CEO of MacLaurin Group, providing technology support to both sides of private equity transactions - the buyers and the sellers. She’s also a very active angel investor, mentor and chairwoman for fast growing companies and is the author of the best selling book Courage To Lose Sight of Shore, - How To Partner With Private Equity To Grow Your Business With Confidence. When it was published last year the book was described by Entrepreneur Magazine as “ one of the 9 Must-Read Books to prepare Entrepreneurs for 2021”.
In this engaging interview Kelley talks about the lessons she learned about managing growth and change in business, including how to manage the process of partnering with private equity. She has a positive but realistic approach to change, suggesting the appointment of an 'Excitement Committee' to oversee the project but recognising that you are at some stage likely to enter the Valley of Despair when it feels easier to give up than keep pushing forward.
We discuss the key lessons from her book which you can obtain using this link: https://geni.us/couragetolosesight including the important concept of 'reverse due diligence' where you look at the profile and track record of the private equity company before deciding if you want them to acquire your life's work. It's rarely just about the money, it's about looking after your brand, your legacy and the team you've built.
You can learn more about Kelley at https://kelleywpowell.com/ or contact her directly on [e-mail]
If you would like to appear on Grown My Business Or Sell It, or would like Graham Rowan to appear on your podcast, please email Graham on [e-mail]
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