Peter R. Worrell, author of Enterprise Value: How the Best Owners-Managers Build Their Fortune, Capture Their Company’s Gains, and Create…
Like many EOMs, Mark Taylor joined the family business he would ultimately lead “in the breach” to solve a business problem on what he thought was a temporary tour of duty (a year or two). Fifteen years later he successfully completed the redesign and rejuvenation of Reading Plus’ leadership team for its next chapter, and designed its majority stockholder recapitalization resulting in a great fit new owner who is energized and capable of supporting the team’s go forward plan for the next stage of growth for the company.
In this remarkable interview Mark opens up candidly and generously about his conflict and desire to be educated as an architect because of his longing to be rooted in something purposeful, yet how over time he felt the emptiness of not doing a lot of mission driven work. He went on to earn a graduate degree in Philosophy. Mark admits even he was surprised that he ended up fulfilling his mission to be a maker by evolving to be a high performing entrepreneur creating software tools enabling millions of children to read or read better. And in what he defines as the “Ultimate Maker Challenge” that of building a highly functioning group of mission driven independent thinking members of his management team, which he concludes is the best way to bring about permanent positive change in the world.
Mark openly explains what caused his “idealistic awakening” and realization that he wanted to fully own the leadership role of the business (which became a turning point for the company) before he could position it for its ultimate long term sustainable impact on the lives of millions of children—and positive impact on all the other stakeholders as well.