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Episode 20: Mark Haney's Growth Factory and The Backyard Advantage
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One would not suspect a young newspaper carrier to redefine the process from sidewalk or porch drop to in-home delivery, as it was self defined. Now would one expect that to turn into his first positive business exit. But that's what you'll hear on today's episode with Mark Haney. Inspiring, educational and not without the highs and lows of taking the family business into a creative growth cycle only to find a highly leveraged situation that went from optmistic to nearly broke.
A testament to the power of dreaming big, adapting to change, and seizing opportunities came from unexpected challenges. Then there's the critical role of building a strong team and fostering commitment within a business. Mark shares the essential elements that bind a team together: a compelling vision, strategic resource allocation, and an unyielding dedication to the shared goal. As a leader, he also emphasizes the contagious nature of commitment and the significance of understanding the founder's 'why'. You'll hear valuable insights into the dynamics of family businesses, the joy of shared success, and the profound impact of love and potential in creating unity.
Finally, Natalie and Mark candidly discuss the balance between investor involvement and executive freedom, stressing the benefits of trust and personal investment in a company's success. Through his narrative, we see how entrepreneurs can craft a business that operates independently, enabling a life that harmonizes with their deepest values. Whether a budding entrepreneur or a seasoned business owner, this episode offers wisdom on leadership, resilience, and the pursuit of a fulfilled life.
To learn more about The Growth Factory visit https://growthfactory.us/
For more information about the Family Business Center visit: Capital Region Family Business Center website
To learn more about how our sponsor, River City Bank may help your family business, visit their website: River City Bank
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