Tag Archives: Leadership
Founder-Led Companies Return Three Times S&P 500 Average
A study in 2016 from Bain & Company shows that over the past 15 years “founder-led companies deliver shareholder returns that are three times higher than those of other S&P 500 companies.” Therefore, we at Greybull Stewardship focus on those founder-led, or founder-involved, companies. We… Continue reading
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
Two Investments To be Announced as Soon as I Stop Slacking Off in Wyoming
We closed two more acquisitions on August 8 (will announce them soon) after having made two growth business investments earlier in the summer (Murphy business brokerage and one other unannounced). When I began the Greybull investment fund, I expected to do 1-2 investments per year.… Continue reading
Owners’ Words Best When Reflect Both Noble Purpose & Bottom-Line
This revealing story was told by speaker Lisa McLeod at the recent Murphy Conference for their impressive network of business brokers across the country. McLeod gave a very nice talk based on her book Selling with Noble Purpose. McLeod was facing a conundrum in her… Continue reading
Managing Business, Managing Time, and the Case for Doing Nothing
Balance is an elusive concept — and so relevant to so many business situations. I have enjoyed adding to our series on Balance — last year, we identified more than 20 things a business owner must balance. Should we focus inside or outside? Should we… Continue reading
Know Thyself Helps You Manage Yourself by Peter Drucker
“Managing Oneself”, as written by Peter Drucker, may be a modern business addition to the foundation of “Know thyself,” the famous saying from the Greek Temple of Apollo at Delphi, and “To thine own self be true” in Shakespeare’s Hamlet (although this phrase’s speaker in… Continue reading
Company Culture Like Fine Wine or Great Coffee
Company culture gets crafted over time by thousands of small decisions, and a few large ones. Yes, the big decisions about the vineyard or varietal takes spectacular time. But I was struck by how many small decisions like the shape of wood barrel, the wood… Continue reading
Predict Stephen Burke as Warren Buffett Successor
I first predicted Warren Buffett’s successor last year, and I am reiterating it today. I believe Stephen Burke, current Berkshire board member, will succeed Warren Buffett as the Berkshire Hathaway CEO as explained below. Furthermore, here is another post that discusses how Berkshire is likely to… Continue reading
Family Business Role Models: Blumkin Family of Berkshire Hathaway
Heroes have been a topic several times in talks by Warren Buffet. “Pick your heroes carefully,” he said one time, “as it will have a big impact on who you become.” Another time he said, “Tell me who someone’s heroes are, and I will have… Continue reading
Should CEO’s, Business Owners, Founders Focus Inside or Outside?
Founders, CEO’s, and business owners need to be skilled at knowing how to balance many competing ideas, priorities, initiatives, and more. We explored this idea in the post the Art of Balance that listed 20 continuums that founders, CEO’s, and business owners must balance constantly. How much to focus… Continue reading