the SMB COO @SMB_COO
COO/CFO at profitable 9 figure rev biz. Grew 3 biz from $0 to $M - $B+. Just throwing around opinions on ops, finance, smbs & startups United States Joined January 2023-
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Want to stop second-guessing every decision you have to make? Tap into data, use your experience and trust your gut. Overthinking kills action, but deliberately informed decisions drive growth.
A COO's role extends beyond operations. As corporate firefighters, they prevent crises from escalating while simultaneously managing disorder. What else should an ideal COO be doing?
As a leader you have to three-way manage. 1. Managing Up 2. Managing down 3. Managing and influencing laterally Up is about fostering a productive working relationship. Down is about keeping your team informed. Lateral is about achieving harmony and consensus amongst peers.
In operations, the quickest decision isn't always the best one. Weigh your options and remember - patience pays. Just don't wait too long!
Be a manager who earns respect through integrity and empathy. As a COO of many businesses, nothing gives more satisfaction than joining a company and watching this respect build into lifelong relationships.
A great ops executive knows when to pivot and when to persevere. Make your decisions adaptively, not reactively.
Your greatest asset is your team. Businesses don't build themselves! So nurture your talent and grow it, and it will pay dividends. And maybe give some lifelong friends.
Ethics, not strategy. Building bridges, not barriers. Relationships, not transactions. These are the unseen drivers of success.
If you aren't running weekly, monthly, quarterly reviews on your business, you're leaving money on the table. Small, consistent changes are what accumulate to lasting profit. Keep optimizing!
I'm not sure how many people in my career have told me they want to be a manager, only to find out that once they're a manager, they couldn't imagine a job they liked less. Anyone else feel the same?
Allow debate, not dissent. Discussions are valuable, but remember, clarity trumps confusion. Hear people out, but make it clear upfront that there is only one decision-maker.
Innovation thrives in an environment where everyone feels heard and valued. But it's often the contrarian opinions that fuel the brightest ideas. Keep feeling uncomfortable.
A COO's role is part company therapist, analyst, all things doer, and future forecastor.
Leadership isn't about the title on your card. It's about every interaction, every decision -- earned with every step, every word.
Managing effectively is being able to understand perspectives at all levels. Treat respect as a mutual language.
JillTennyson @1soWX5foq7GjcA
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I never pay sales commission for a physical good or time on top-line revenue. It's always a % of gross profit. Agree/disagree?
WSS: Bruce, I need your help in structuring this acquisition transaction. I would like to submit an LOI for $2,250,000 I want to also own 100% and do not want to bring in outside investors and dilute my ownership But, I don't have much liquid cash to invest Any ideas?
WATCH A PRIVATE EQUITY DATA SCIENTIST OPTIMIZE A PRIVATE EQUITY PORTFOLIO COMPANY. I'm a data scientist at PE fund. I'm going to break down a recent acquisition and how I'd approach it with data sci/analytics. First up? A classic: Fire/Safety Integrations company. 🧵🧵🧵
WSS: I am searching for a business to buy and operate Given I have about $35,000 to invest, what size business can I buy? I understand the SBA requires 10% down so does that limit me to a very small business? One that is selling for $350,000 or less? Can you say Search fund?
Your Q3 reminder that we still don’t have self-driving cars, crypto (including BTC) and blockchain still don’t do anything meaningful, and no one uses Web3. I just went for a 10-minute drive and saw two plumbing trucks, though.
Many #firsttimehomebuyer mistakenly believe they must put 20% down to qualify for a #mortgage. In reality, it can be much less. See what is typical as well as some of the down payment assistance programs available... bankrate.com/mortgages/down…
Take advantage of #florida's #sales tax exemption for #energy Star appliances through June 30, 2024. See article for eligibility details #realestate floridarealtors.org/news-media/new…
If you've got a robot vacuum, here's how to use it more efficiently. #smarttech #hometech cpix.me/a/172894576
A staged home office can make a house more appealing to buyers. #sellyourhome #realestate cpix.me/a/172959620
New Listing - Under Construction! Professional photos coming soon! $995,000 - 2440 Cherry Glen Dr Jones, Oklahoma 73049 4 Bedrooms 4.1 Bathrooms 3,590 Sq Ft 1 Acre Lot Oversized 3 Car Garage Built by Distinctive Builders Wyatt Poindexter Group - WyattPoindexter.com
SOLD & CLOSED! Congrats to the new owners! $1,275,000 22901 Lauren Lane in Edmond, Oklahoma 6,642 Sq Ft 4 Bedrooms 4.2 Bathrooms 5 Car Garage 6.78 Acres Wyatt Poindexter Group - WyattPoindexter.com #oklahoma #edmond #luxuryhome #realestate #wyattpoindexter #sold
See a virtual tour of my newest #listing 200 Hickory Avenue #MerrittIsland #FL tour.corelistingmachine.com/home/DNJDL2 RE/MAX Aerospace Realty
Check out my #listing in #MerrittIsland #FL #realestate #realtor tour.corelistingmachine.com/home/XDFVQL RE/MAX Aerospace Realty
Cutting down on the clutter in a small space can help it seem bigger. #interiors #hometips cpix.me/a/172897486
We are looking for a buyer on 16 Central Avenue N #NYack #NY #realestate tour.corelistingmachine.com/home/E84Q53
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