Pete Worrell’s first book is written for seasoned, successful Entrepreneur Owner-Managers who are thinking about the long-term sustainability of their organizations, beyond their personal ownership of it. It is constructed on the theoretical foundations of corporate finance and positive psychology, but is informed and flavored with entertaining real-life, first-person stories that illustrate its lessons about ownership and management succession. Worrell serves as an expert coach, employing humor and insight as he recounts the struggles of large numbers of owner-managers who, with Bigelow’s guidance, have successfully handed off their beloved businesses to the best next majority investors…and created a fortune in doing so. Worrell even divulges a bit of Bigelow’s unique secret sauce, teaching strategies for dealing successfully with the Seller Beware in the Private Transaction Market, how to leverage industry drivers to build Enterprise Value, and how best to find the “needle in the haystack”best-fit investors to create positive legacy. The book showcases the contributions of these Entrepreneur Owner-Managers, and reveals what Worrell terms the genius of the pro-social benefits they bring to employees, customers, and all stakeholders in their communities.
Worrell, Peter R. Enterprise Value: How the Best Owner-Managers Build Their Fortune, Capture Their Company’s Gains, and Create Their Legacy. New York, NY: McGraw Hill, 2014.