PE Maynard and Associates Testimonial: “Physician, Heal Thyself”

We all learn something from all of our collective experiences. Each new story adds to our own story. And, quite honestly, the stories of our clients become our stories, too.

My case in point is my friend, Dave Sykes.

Dave and I have been friends and taken turns being client-supplier to one another for most of the past 10 years. We met at a chamber of commerce meeting a number of years back and we’ve been friends—and business associates—ever since.

Take a Look at New Paradigm Advisors

Dave’s most recent business incarnation is New Paradigm Advisors. It is a business consulting firm specializing in helping clients (business owners) find freedom in running their business, determine the value of that business and then crafting a future for their business—and them.

What I find interesting in my business of supporting businesses like New Paradigm Advisors is how much the arc of my business fits with what they are providing. In the case of NPA, two things have happened:
1. My business grows and shapes itself to fit their needs as they grow and change.
2. I find that, if I stand in the right place, I could be their client as well.

Take the Value Builder’s Assessment

That last point became really evident to me as, in the interest of getting to know my client, I took his Value Builder’s Assessment. Here I thought I was doing my homework and, lo and behold, I was assessing my company and its direction. Sly, those NPA guys!

Seriously, the VB assessment allowed me to take a snapshot of my business and start a dialogue around my company’s past, present and future.

I was looking inward instead of outward.

In a Unique Position

I admit I am in a special and somewhat unique position in that I have a supplier-client relationship with these guys. However, that really should be how all of us interact with our clients –and suppliers—on a regular basis.

Isn’t it?

The bottom line is that if you are looking for a business consultancy to help you be free of “the chains” of your company, understand and set its value and then plot and plan an appropriate future, New Paradigm Advisors gets my vote–I’ve seen them in action.  It should get yours, too.

Paul E. Maynard, The Relentless Networker

How to Increase the Value of Your Business by 71%

How much did your home increase in value last year?  Depending on where you live, it may have gone up by 5% to 10% or more.

How much did your stock portfolio increase over the last 12 months? By way of a benchmark, according to Market Watch, the Dow Jones Industrial Average has increased by around 16% in the last year. Did your portfolio do as well?

Now consider what portion of your wealth is tied to the stock or housing market, and compare that to the equity you have tied up in your business. If you’re like most owners, the majority of your wealth is tied up in your company. Increasing the value of your largest asset can have a much faster impact on your overall financial picture than a bump in the stock market or the value of your home.

I’m fond of asking my clients, “Where do you want to be in 20 years?” I’m always interested in the answer and I’m always surprised at the questions I get back in response. The point I’m driving at is that no matter where you want to be, the value of your business is the asset that will most likely fund that dream.

Let me introduce you to a statistically proven way to increase the value of your company by as much as 71%.  Through an analysis of 6,955 businesses, we’ve discovered that companies that achieve a Value Builder Score of 80+ out of a possible 100 offers received to buy their business that are 71% higher than what the average company receives.

How long would it take your stock portfolio or home to go up by 71%? Years, maybe even decades. Get your Value Builder Score now and you will be able to track your overall score along with your performance on the eight key drivers of company value. Like a pilot working his instrument panel, you can quickly zero in on which of the eight drivers is dragging down your value the most and then take corrective action.

Your overall Value Builder Score is derived from your performance on the eight attributes that drive the value of your company.

  1. Financial performance: your history of producing revenue and profit combined with the professionalism of your record keeping.
  2. Growth potential: your likelihood to grow your business in the future and at what rate.
  3. The Switzerland Structure: how dependent your business is on any one employee, customer or supplier.
  4. The Valuation Teeter Totter: whether your business is a cash suck or a cash spigot.
  5. The Hierarchy of Recurring Revenue: the proportion and quality of automatic, annuity-based revenue you collect each month.
  6. The monopoly control: how well differentiated your business is from competitors in your industry.
  7. Customer satisfaction: the likelihood that your customers will re-purchase and also refer you.
  8. Hub and spoke: how your business would perform if you were unexpectedly unable to work for a period of three months.

To find out how you’re performing on the eight key drivers of company value and start your journey to increasing the value of your largest asset, get your Value Builder Score now:    SCORE-MY-BUSINESS

I’m always interested in where you’ve been as much as I’m interested in where you’re going. So, contact me and let me hear your story. Let’s see what we can do together.

Blessings,

Dave