

Second Bite Podcast
Todd Taskey
This is the Second Bite Podcast where we talk with top entrepreneurs and CEOs about creating valuable companies through creative transactions.
Episodes
Mentioned books

Aug 5, 2021 • 40min
Winning the War for Key Executive Talent: Insider Info from a Top Executive Recruiter [CEO Support Series]
Brian Mitchell is the CEO and Managing Partner of GM Ryan International, a consulting and executive search firm focused on progressive software, internet, data, and security companies. Brian has led GM Ryan's team in executive recruitment success for over 15 years, with clients ranging from startups to Fortune 500 companies. Before GM Ryan, he ran large enterprise sales, service, and ops teams in the internet infrastructure space for 12 years. In this episode… How do you find the right executive leader for your company? When should you hire an expert for your search, and when should you take on the hiring task yourself? How can you smoothly transition to a new CEO or COO? CEO and Managing Partner of GM Ryan International, Brian Mitchell, talks about the best practices surrounding an executive search process. With host, Todd Taskey, Brian discusses the big mistakes many founders make when bringing in a new CEO or COO, how to find the right fit for your company, and how to empower a new executive leader to foster change.

Jul 29, 2021 • 28min
The Risks and Rewards of "Selling Too Soon"
Todd Taskey is an investment banker and M&A Advisor at Potomac Business Capital, a company focused on helping businesses with company evolution, exit planning, and M&A investing. Before joining Potomac, Todd was the Principal (Certified Financial Planner) at Solutions Planning Group, Inc. Todd is an Angel Investor for many companies including Zoomph, StreetShares, and LiveSafe. In this episode… What are the challenges of selling, and how do you know if you're selling too soon? What are the best ways to structure a deal for maximum value? Investment banker and M&A Advisor at Potomac Business Capital, Todd Taskey, talks about the challenges and rewards of selling your company. With Dr. Jeremy Weisz of Rise25, Todd shares stories of businesses that failed and succeeded in selling, tips for becoming more confident in your deal, and advice on how to measure (and increase) the value of your company. Stay tuned.

Jul 22, 2021 • 40min
How Rivet Logic Sold in the Middle of COVID and Birthed a Software Business - An Entrepreneur's Dream
Mike Vertal is the Co-founder and CEO of Crafter Software, a content management company that uses a headless+ CMS that empowers teams to innovate faster, deploy sooner, and create modern, content-driven digital products. Mike has over 28 years of executive experience in market strategy, engineering, and software, including his role as the Co-founder, CEO, and Chairman of the Board at Rivet Logic Corporation. In this episode… Have you noticed a million-dollar idea spur from your company? Do you wish you could build a whole new business based on this idea? What if that idea was revolutionary software — how do you move forward? Co-founder and CEO of Crafter Software, Mike Vertal, talks about his successful creation of a spin-off software from his parent company. With host, Todd Taskey, Mike discusses developing a new company from a piece of an old one, tips for transactions and selling your business, implementing technology and software, and much more.

Jul 15, 2021 • 49min
Advanced Ideas That Will Increase EBITDA This Year [CEO Support Series]
Don Keninitz is a CPA and Partner at E. Cohen, an accounting firm that provides an integrated suite of tax, assurance, and consulting services in a wide array of industries. Don is skilled at Generally Accepted Accounting Principles (GAAP), Mergers & Acquisitions, and Financial Accounting. Don has been a Partner at various accounting firms over his vast career, including FedAsyst, LLC, McGladrey & Pullen, LLP, and Friedman & Fuller, P.C. In this episode… How many factors contribute to EBITDA after a transaction? What's the best way to negotiate your add backs? Which aspects of a profit and loss statement are often overlooked? Don Keninitz is here to help. CPA and Partner at E. Cohen, Don Keninitz, talks about various ways to increase your EBITDA, especially after a deal. With host, Todd Taskey, Don discusses the three buckets of add backs, accrual versus cash, the consequences of overpaying management, and much more.

Jul 8, 2021 • 26min
How Two Sentences Could be the Difference in Making Another Seven Figures — or More
Todd Taskey is an investment banker and M&A Advisor at Potomac Business Capital, a company focused on helping businesses with company evolution, exit planning, and M&A investing. Before joining Potomac, Todd was the Principal (Certified Financial Planner) at Solutions Planning Group, Inc. Todd is an Angel Investor for many companies including Zoomph, StreetShares, and LiveSafe. In this episode… How can businesses earn more from their second bites? What are the two sentences that can make or break a profitable deal? Todd Taskey knows and is here to share them with you. On this episode of the Second Bite Podcast, Dr. Jeremy Weisz has a conversation with M&A Advisor at Potomac Business Capital, Todd Taskey. They discuss successful exit strategies, how to gain more profit when selling a business, the relationship between sellers and buyers, and much more.

Jul 1, 2021 • 42min
Hyper-Growth Without PE Investment [Going it Alone Series]
John Fitzpatrick is the President and CEO of Force Marketing, a technology-based marketing company using innovation to help dealers better communicate with their customers. He started Force Marketing 16 years ago. John is also the Founder of Fitzpatrick Realty Group and a Board Member of Bright Futures Atlanta and the National Pediatric Cancer Foundation. In this episode… Why are acquisitions so powerful for scaling? How can private equity impact a company's second bite? Why is control important for business owners? John Fitzpatrick will tell you. The President and CEO of Force Marketing, John Fitzpatrick, talks about his company's growth strategy through methods other than private equity. He and host Todd Taskey discuss the pros and cons of private equity, how to utilize acquisitions and transactions, ways of ramping up growth, and much more.

Jun 24, 2021 • 33min
How to Successfully Prepare for a Big Transaction
Emre Akkas is an entrepreneur, executive, and mentor. He was the Co-founder and CEO of Globalme, a digital marketing agency in the language space that was recently acquired by Summa Linguae Technologies in 2020. Before starting Globalme, Emre was a Localization Engineer and QA Lead at Intel and a Localization Consultant at Welocalize. In this episode… How can you be sure you're getting the best deal out of a business transaction? What should you prepare if you're trying to exit your business? Can you stay with your company after you sell? You may want to take it from somebody that went through it firsthand. Former Co-founder and CEO of Globalme, Emre Akkas, talks about his recent acquisition with Summa Linguae Technologies. Emre and host, Todd Taskey, discuss how to prepare for a transaction, what Emre wishes he knew before starting the process, how transactions help scaling, and much more.

Jun 23, 2021 • 39min
How Focus + Focus = Outsized Valuation
Dean Dutro is the Co-founder of Worth eCommerce, a company helping e-commerce stores drive new and repeat sales with email and SMS marketing. Dean is a Klaviyo and e-commerce expert with over six years of experience in the industry. Before co-founding Worth eCommerce, Dean founded many email marketing-focused companies, including Emailgrowthtraining.com, Instant Email Copy, and GobySavvy UX Reviews. In this episode… How can you be sure you're getting acquired by the right company? What happens after a business acquisition? Why is email marketing for e-commerce businesses so profitable? Dean Dutro is here to tell you. Co-founder of Worth eCommerce, Dean Dutro, talks about his recent acquisition by SmartBug. Along with host, Todd Taskey, Dean discusses how to execute a successful acquisition, increasing valuation, the benefits of email marketing, and much more.

Jun 16, 2021 • 42min
Improving Your EBITDA with Don Keninitz of E. Cohen [CEO Support Series]
Don Keninitz is a CPA and Partner at E. Cohen, an accounting firm that provides an integrated suite of tax, assurance, and consulting services in a wide array of industries. Don is skilled at Generally Accepted Accounting Principles (GAAP), Mergers & Acquisitions, and Financial Accounting. Don has been a Partner at various accounting firms over his vast career, including FedAsyst, LLC, McGladrey & Pullen, LLP, and Friedman & Fuller, P.C. In this episode… Why do buyers love entrepreneurs? Why is QuickBooks the bane of any accountant's existence? How do vacation days play into payroll? Don Keninitz is here to tell you. On this episode of the Second Bite Podcast, Todd Taskey talks with CPA and Partner at E. Cohen, Don Keninitz, about how accounting plays into the second bite. They discuss the financial records that buyers pay attention to, mistakes to look out for on your P&L statement, how to increase your EBITDA, and much more.

Jun 16, 2021 • 39min
How to Ensure a Successful Transaction for Your Company with Michael Quint of Bluetext
Michael Quint is the Co-founder and Managing Partner of Bluetext, a digital marketing agency that helps companies win with strategy, branding, public relations, and more. Before co-founding Bluetext, Michael was a Partner at Qorvis Communications and held many executive positions in the digital marketing and public relations industries. In this episode… Are you hesitant about going through with a major deal for your company? How do you know if it's the right time to sell your business? What are the ways you can ensure a successful transaction? Michael Quint learned firsthand, and he's here to share his story. On this episode of the Second Bite Podcast, Todd Taskey has a conversation with Co-founder and Managing Partner of Bluetext, Michael Quint, about his recent transaction with Eastport Holdings. They discuss factors to consider when selling your business, how to ensure the most cash upfront, what to expect from a transaction, and much more.


