30-minute listen
New Hampshire & Canada
A few weeks ago I had the fun of being a guest on the Clarity Generates Confidence (CGC) Podcast with Gary Mottershead.
Gary Mottershead is an entrepreneur with over 20-years of experience in the rubber and industrial products industry. He launched, nurtured, and built GCP Industrial Products into a successful multi-million-dollar business in Canada, the United States, and China. With his years of experience working with recycled rubber and industrial products, Gary led the industry to new ways of doing business with suppliers in China.
In addition, Gary has coached thousands of executives through Strategic Coach®, a worldwide program dedicated to coaching entrepreneurs. Gary gets great satisfaction from seeing other entrepreneurs grow and improve while also learning from them at the same time.
On the CGC Podcast, Gary hosts insightful conversations blended with captivating stories to bring you the latest in technology, culture, and innovation. He dives deep into the world of cutting-edge developments, exploring the intersection of creativity and progress. From groundbreaking startups to thought-provoking discussions with industry leaders, each episode offers a unique journey into the future.
On this episode, which he titled, "Overcoming Entrepreneurial Challenges with Expert Insight," we discuss my journey from my family's steel fabricating business to my impactful role in the M&A advisory industry. I share the profound impact of my family's Chapter 11 bankruptcy and how this experience, combined with mentorship from my future partners at Bigelow, guided me toward a career dedicated to Entrepreneurial Owner-Managers (EOMs).
We delve into the unique psychology of EOMs and the importance of small, dedicated teams. We go on to discuss the complexities of the private transaction market and the crucial need for expert guidance to navigate significant business transitions. It was a heartfelt discussion, where we go on to explore succession and legacy planning for entrepreneurs, focusing on retiring from less enjoyable aspects of work and the intricacies of family dynamics in business ownership. Finally, we examine the emotional challenges of ensuring a family business's future success, whether through internal succession or external investment.
I hope you enjoy.
Listen below or on Spotify here.
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