Fervent Four
Did you know that only 4% of businesses ever cross the annual million dollar revenue mark? The Fervent Four is a weekly show, every Thursday at 11am, dedicated to sharing insights into growing a world class business no matter the climate.
A Founder’s Journey: From Startup to Exit
Join Ned Lilly as he discusses the evolution of open source ERP software and XTuple's acquisition journey. Explore the role of data in AI and the challenges of remote work. Ned shares insights into Start Norfolk and Hatch, emphasizing regional leadership and community engagement. The episode covers talent recruitment, customer engagement strategies, and trends in mergers and acquisitions. Ned offers investment banking perspectives from Quorum Group, highlighting M&A preparation and due diligence. Plus, hear about AI's impact on tech, the value of data, and favorite regional cuisine and M&A hosting spots.
Key Points
- Leveraging accumulated data to train AI models can transform adjacent business applications and unlock new opportunities.
- Establishing a consistent schedule for content or events helps build a loyal audience and reinforces brand presence.
- Having a clear exit strategy and preparing for future transactions from the outset can significantly enhance business outcomes.
Chapters
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| 1:20 | |
| 2:43 | |
| 4:32 | |
| 9:37 | |
| 13:27 | |
| 20:21 | |
| 28:15 | |
| 33:33 | |
| 38:00 | |
| 41:08 | |
| 43:06 | |
| 47:43 | |
| 52:41 | |
| 54:29 | |
| 57:25 | |
| 1:00:42 | |
| 1:01:35 | |
| 1:03:10 |
Transcript
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