Kelley Powell is CEO and partner of MacLaurin Group, a company providing technology operating partner services to portfolios of private equity companies. Supporting companies in growth and merger and acquisition activities, Kelley brings a unique experience from founder-led organization to multiple private equity-led cycles. Kelley is an avid mentor, angel investor, and chairwoman for the da Vinci Center for Innovation Angels Advisory Board at VCU. She’s also a board member of the Richmond chapter of the Association for Corporate Growth. Her new book is Courage to Lose Sight of Shore: How to Partner with Private Equity to Grow Your Business with Confidence.
Think about a “reverse due diligence”—a look at your business from an outside perspective.
Value alignment is unbelievably important. If you do not have this with those you partner with, it can be gut-wrenching.
Define your “non-negotiables”—those values that undergird who you are and that you actively live out.
Self-reflection – on the type of people who you want in your business and who you want to partner with – is vital.
QUESTIONS TO INSPIRE US TO ACTION
What is some lesson, saying, or experience that continues to influence your leadership to this day? If you wish to grow, you have to invest in others so that there is someone ready to fill your chair.
Use three descriptors to finish this sentence: “A leader is…” Resilient, transparent, and inspirational.
What is a question that leaders should be asking either themselves or others? What do I need to grow my business? What am I good at and not so good at?
What book would you recommend to leaders? You've Got This! The Life-changing Power of Trusting Yourself by Margie Warrell
If you could get every listener to start doing something THIS week to help them be a better leader, what would it be? Prepare for your future investment now (before you’re ready) by investing in others.
As a general life principle, is it better to ask “why?” or “why not?” “Why?” because you need to know what you are doing and, more particularly, how it fits into the grander scheme.