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162: Revolutionize Your Business Post-Bankruptcy, Greg McDonough
Manage episode 422692454 series 3561512
Laurie Barkman에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Laurie Barkman 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Host Laurie Barkman, The Business Transition Sherpa, is joined by Greg McDonough, Managing Partner of Blackburn Capital Advisors and host of the Chief Endurance Officer Podcast.
Listen in as they discuss navigating a business turnaround through bankruptcy.Bankruptcy can be viewed as a tool for recovery rather than a sign of failure.
Greg discusses his experience isolating the root cause of the company’s financial issues and creating breathing room from creditors to reorganize fixed costs and debts.Greg also shares how his passion for endurance sports gave him the resilience that he needed to get through the restructuring process.
Learn when bankruptcy might be a solution. After all, hope isn’t a strategy when it comes to solving cash flow problems.
Listen in to learn more about:
- How isolating the root cause of financial struggles and making deeper cuts early can help turn a business around
- Why companies should view the bankruptcy process as a tool for recovery rather than a sign of failure
- Importance of resilience and endurance for entrepreneurs facing challenges
- Address the risk of tying financial recovery only to revenue projections
Find Greg McDonough Here:
❤️ Show us the love on Rate This Podcast: https://ratethispodcast.com/successionstories
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BUYERS BUY ON THEIR TIME, NOT YOURS. WILL YOU BE READY?
Learn more about the Endgame Entrepreneurship Masterclass and build with your exit in mind.
https://thebusinesstransitionsherpa.com/course/
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My Links:
🌐 Website: https://TheBusinessTransitionSherpa.com
⏰️ Meet With Laurie: https://thebusinesstransitionsherpa.com/connect/
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📘 THE BUSINESS TRANSITION HANDBOOK:
Get a free digital copy of "The Business Transition Handbook: How To Avoid Succession Pitfalls and Create Valuable Exit Options" by author Laurie Barkman:
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