Artwork for podcast The Corporate Escapee: On a Mission to Help 10,000 GenXers Escape the 9-5 Grind!
38. How a Failed Merger Was the Key to Accelerating Growth
18th February 2020 • The Corporate Escapee: On a Mission to Help 10,000 GenXers Escape the 9-5 Grind! • Brett Trainor
00:00:00 00:44:25

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On this episode, we welcome Sue Tyrrell and Kala Liebe to the program.  Sue is the founder and CEO and Kala is the Chief Experience Officer for a company called Hands Up Communications

Hands Up is a single point of contact for language access needs. They offer offer a mixture of interpreting, translating, and captioning solutions. 

Their story is an interesting one. Sue started the company, merger with a company in 2015 then took the company back and partnered with Kala to build what is now known as Hands Up Communication.  It is a cautionary tale about failed partnerships and ultimately having the right complementary management team.    Key #LessonsInGrowth:

  • Why the keys to success are having a very solid executive team
  • The pros and cons of strategic partnerships (and mergers) and what to look for
  • Why dissolving the merger was a better path to growth for Hands Up
  • How a complimentary skill set allowed Hands Up to flourish
  • Warning signs that a potential partnership may not be right for your business

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