Tag Archives: Competitive Advantage

Network of Experts to Support Greybull Companies

“There are always more smart people outside your company than inside your company.” We are utilizing this idea in our strategy to assist our portfolio companies in Greybull Stewardship.  Network of Experts As we think about the future of Greybull, we have been thinking about… Continue reading

Cheers to the Greybull All-Star Management Teams and CEOs

I love the companies Greybull Stewardship has invested with and I love working with the all-star management teams running those businesses.  As we turn the corner into 2016, those are my overwhelming thoughts and feelings.  Greybull All-Star Management Teams Here are some of the reasons why:… Continue reading

Podcast Interview about Competitive Advantage, Berkshire Hathaway, & Recurring Revenue

I recently enjoyed being interviewed for a podcast with Jock Purtle of Digital Exits where we discuss what Warren Buffett and Charlie Munger would invest in today — if they were young. Hint: competitive advantages, recurring revenue. What would Buffett and Munger invest in if… Continue reading

The Mirage and False Hope of an “Exit Strategy”

At best, an exit strategy becomes overrated and a waste of breath.  At worst, an exit strategy becomes a destructive mirage of certainty and false hope.  I realize that it is conventional wisdom for every entrepreneur to specify their exit strategy.  I have even heard… Continue reading

A Business Strategy to Capture More Value

The best entrepreneurs and business owners know that capturing value, not just creating value, is critical to success. The phrase “capturing value” is not meant to convey a zero-sum concept of one person capturing what another person loses. It is a way of saying that… Continue reading

Simple Strategy Lessons: Better before cheaper. Revenue before costs.

Sometimes the best ideas and best advice are the most simple. When I read the following article a while back, I loved it. And believed it. And continue to believe it. Michael Raynor and Mumtaz Ahmed from Deloitte Consulting performed a study that began with 25,000 companies… Continue reading

Resilient Companies Balance Continuity with Shock Absorption

Time can be an overlooked element in business.  Time can be an enemy, and time can be a friend.  Understanding the impact of time on your business separates the best business minds from the rest.  Time affects the pace of change for components of your business, your… Continue reading

Investment in Allied Health Education Company

I am excited to announce that my investment fund, Greybull Stewardship, has acquired an education company that helps health professionals maintain their licenses and certifications.  The company, Summit Professional Education (www.summit-education.com), offers seminars each year for over 75,000 physical therapists, occupational therapists, speech therapists, K-12… Continue reading

Wonderful Competitive Advantage Through A Unique Distribution Channel

Sustainable competitive advantage — a goal which will be always sought and ever elusive in business.  It is difficult to define. Yet, we often know it when we see it. People attempt to draw-up lists in an effort to understand and remember the types of… Continue reading

Warren Buffett’s Strategy, Selling Your Business, and Other Topics in Podcast Interview

I was interviewed recently by a very good business broker, Jim Cumbee of the Tennessee Valley Group.  I have gotten to know Jim this year as we worked on a transaction and we had a fun discussion about several topics including: Lessons learned about selling… Continue reading