Shownotes
This week on The Melting Pot, we learned from the founder and managing partner of the CEO Advisory Guru and best-selling author, Adam Coffey. Adam started his CEO journey working for Jack Welsh at General Electrics when it was the biggest business in the world. He's got a new book coming out, Empire Builder, which is a playbook on how to build a billion-dollar business.
Adam spent 21 years as a CEO of three national companies for nine private equity sponsors. He's made billions of dollars in exits and completed 58 acquisitions.
In this episode, he talks about the difference between buy-and-build and organic growth and how he did that in some of his businesses. He also talks about culture, how to avoid buying the wrong business, how he does due diligence thinking about the CEOs, and the difference between trapping a CEO and letting them run their company post-acquisition.
Download and listen to learn more.
On today's podcast:
- A meticulous approach to acquisition
- The role of the CEO as a motivator
- Building a sustainable empire
- Educating about Private Equity
- Culture and profit: mutually exclusive?
Follow Adam Coffey:
Website
LinkedIn
Book recommendations:
The Millionaire Next Door
Blue Ocean Strategy
Good to Great
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