In The Trenches
Michael Girdley on The Rise of Holding Companies
Jan 4, 2024
Exploring the rise of holding companies with Michael Girdley, a successful entrepreneur. Insights into managing a diverse holding company and the opportunities it offers. Discussing the benefits of cross-pollination, resilience, and value propositions within a holdco model. Navigating time management, delegation, and the qualities of great holdco entrepreneurs. Exploring software valuations, AI impact on investments, and the changing dynamics of business acquisitions.
57:07
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Quick takeaways
- Understanding the activities and lifestyle of a holdco CEO is crucial before embarking on the entrepreneurial path.
- Grit, passion, and hard work are essential for success in holdco entrepreneurship regardless of experience level.
Deep dives
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The Profit Line provides comprehensive accounting services to small and medium-sized businesses generating $5 to $50 million in revenue. Their services include bookkeeping, bank reconciliations, tax compliance, and more.
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