Exit Options for Purpose-Driven Entrepreneurs

For purpose-driven entrepreneurs, the company’s mission is a top priority. When it comes to exploring exit options, it can be difficult to make the right choice that will protect the company’s culture, reward its employees, and allow the founder to leave a lasting legacy.

In this month’s Fishbowl (a.k.a. webinar!) attendees learned from Michael Whelchel of Big Path Capital and Zane Adams of Buchi about how purpose-driven leaders can raise new capital or sell majority or minority parts of their businesses while protecting the company’s mission above all else. Tune into the recording to learn:

  • How to achieve sustainable, purpose-aligned growth when seeking outside capital
  • How to ensure your purpose is a top priority when evaluating exit options
  • How to evaluate investment partners for cultural alignment

Opening the Books is Only the Beginning: How to Teach Employees Financial Literacy

Small Giants believe in financial transparency — sharing financials with your team arms them with information that helps them make better decisions for your business.
But opening the books is only the beginning. In order to get the most out of being a financially transparent company, you have to help your employees become financially literate and understand the stories behind the numbers.
For example: Do your employees know how much revenue it takes for the business to make $1 in profit?
In this webinar, Steve Baker, Vice President at the Great Game of Business, will walk us through exercises you can use with your team to teach basic financial literacy and how to use that knowledge to make better business and personal decisions.

How to Preserve Mission & Values Through Exit & Growth Strategies

There comes a point in time, when all Founders and CEOs must exit their business. One opportunity Small Giants may consider is searching for liquidity options that won’t jeopardize their company’s core purpose. The introduction of outside capital, whether a minority or majority liquidity, represents a vulnerable decision point that can have permanent effects on the mission, future, and legacy of a company. In this fishbowl discussion, Michael Whelchel, Co-Founder & Managing Partner of Big Path Capital, and Matt O’Hayer, Founder & CEO of Vital Farms, will highlight exit and liquidity options for Small Giants, with a special focus on how to preserve mission through your company’s most important financial transactions.

Key Takeaways:

Learn about the following exit & liquidity options with a special focus on preserving purpose & values. The webinar will address these questions:

  • Who is the best buyer (private equity, family office, holding company, ESOP)?
  • What are the pros and cons of each?
  • If I don’t want to sell majority control, what are my options?
  • What can I do now to get ready for a future transaction?
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How to Both Measure & Increase Your Company Culture’s ROI

Small Giants understand that culture dramatically drives and impacts profit. As the width of your team’s smiles expands, so does your bottom-line. In this energized fishbowl, Kris Boesch, CEO and Founder of Choose People, weaves valuable content, enlightening stories and tangible no-cost ways to help you improve the impact of your culture on your bottom-line. Participants will be able to take her doable best practices and lessons learned and implement them within their organizations to see immediate results.

Key Takeaways Include:

  • The Bottom-Line Business Case for Happy Employees
  • How to Measure Your Company Culture’s ROI
  • The Role of Compensation, Incentives and Bonuses
  • The 3 Pillars to Creating and Keeping Happy Employees
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How Much to Spend on Company Culture to Truly Impact The Bottom Line

In this fishbowl, Mills Snell and Matt Morley from Pendleton Street Advisors, will share what to measure when tracking investment in company culture and what trends to look for over time.

Key Takeaways:

  • Review the basics of a financial statement and identify which line items to pay attention to when tracking company culture
  • Learn what to do with this data and how to interpret it over the longterm.
  • Share your own experiences and questions in regard to measuring investment in culture with a subject matter expert.
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A Small Giants Final Bow: How a Responsible Exit Strategy Impacts Your Legacy

Join us for a fishbowl panel discussion around values-driven exit strategies moderated by Small Giants Community Founder, Paul Spiegelman. You will hear two values-driven leaders share their succession stories: Kris Maynard of Essential Ingredients will share how he implemented an employee stock ownership plan (ESOP) and Jill Nelson of Ruby Receptionists will share how she sold her majority share to a culturally-conscious and responsible venture capitalist firm.

Key Takeaways

  • Hear how two values-driven leaders successfully transitioned ownership, implemented their decision, and the impacts of their decisions
  • Learn how to begin the process of an ESOP at your company
  • Learn how to vet and find a venture capitalist firm that you can trust
  • Gain insights on the timing and best practices for designing an exit strategy
  • Hear practical strategies for preserving your culture and values beyond your lifetime

Value(s) of the Sale

Design Thinking