To better understand why your business isn’t meeting its full growth potential, you sometimes have to look from the outside in. Getting an outside perspective into your business can give you helpful insights to make decisions that accelerate growth. Venture capital firms often perform deep dives into prospective businesses during due diligence, which helps uncover a company’s strengths and weaknesses. After examining so many businesses, investors understand what separates a successful business from its competitors.
Missy Kelley and Dave Hartley, co-hosts of But Who’s Counting? were joined by Tim Spihlman, Managing Director of Lewis & Clark Ventures and Lewis & Clark Capital to discuss how business leaders can fuel growth and company value and what steps they can take to build a business investors want to partner with. The free-flowing conversation also included actionable tips to improve accountability within your workforce, identifying your biggest barriers to growth and the following:
- Traits the best leaders have in common
- The key tenants of retaining the right employees
- Where Tim sees AI’s biggest impacts on businesses
- Why it’s important to adopt an “innovation mindset”
“You have to be equal parts empathetic, strong emotional IQ, with equal parts accountability. Your employees need to know that what they do matters. They need to know that you value them and you treasure them as humans, but that doesn’t mean you get a pass when you don’t perform.” – Tim Spihlman
Watch the Episode on YouTube:
Resources to Count On
Want more insight into the conversation? Check out these additional resources:
- Connect with Tim on LinkedIn
- Learn more about Lewis & Clark Ventures
- Get to know Lewis & Clark Capital
- Check out ChatLingual, the AI customer service translator
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