16min chapter

Think Like an Owner cover image

Jim Lindstrom - Lessons from Being a 3x CEO - EP.245

Think Like an Owner

CHAPTER

Navigating Non-Core Business Challenges

This chapter explores the intricacies of managing non-core businesses, focusing on the challenges of leadership transitions and divestment of unprofitable ventures. It emphasizes the importance of strategic decisions, including how to leverage debt effectively and maintain healthy financial ratios, while drawing insights from successful and failed experiences in various industries. The discussion also covers the critical role of foresight and imaginative thinking in investment strategies, particularly within cyclical markets.

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