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Starting a business can be easy. Doubling revenue after losing 80
percent of the company's sales team in the depths of the worst
recession in 80 years---not so much. Statistics from the "Great
Recession" have been grim: 200,000 small businesses across the
country were forced to close their doors over the past five years,
causing a loss of over 3 million jobs. Given those kind of numbers,
most small businesses are happy to simply survive these days.
But Jay Myers, founder and CEO of Interactive Solutions, Inc.
(ISI), headquartered in Memphis, Tennessee, took a different
approach. Myers and his company made a conscious decision in 2007
that they were "not going to participate in the recession" and
weathered both personal and professional crisis to not only
strengthen the company but grow ISI's business like never before.
A storyteller at heart, Myers offers readers plenty of solid tips
and practical advice that any entrepreneur and small business owner
can appreciate and apply. But he also challenges these same
entrepreneurs and small business owners to get "out of their
comfort zone" and embrace creative new strategies such as employee
accountability and second chances, niche marketing, and using your
book as your hook. Myers shows small business owners and
entrepreneurs to not only hit the curveballs that are thrown their
way, but actually use them to grow their business like never
before.
In Rounding Third and Heading Home, business owners get a firsthand
look at the many components that go into the sale of their business
from someone who has actually gone through it-including what to do,
and what not to do. Selling a business is likely to be the biggest
deal of one's career. Since it is so important to get it right,
there is very little tolerance for error. In Rounding Third and
Heading for Home, business owners find real-life stories, practical
strategies, and hard-won insights from a veteran entrepreneur to
help them "touch all the bases" and achieve the success that
they've always dreamed of. Rounding Third and Heading for Home
shares the many components that go into the sale of a business from
someone who has actually gone through it. Throughout its pages,
business owners learn: Why it is so important to sell a business
when it's ready, and not when they're ready What really builds
value in their business The steps of the acquisition process How to
prepare their company for the sale How to run a business when
they're actively trying to sell it Many more lessons learned from
starting and growing a tech company over the course of twenty years
Starting a business is easy. Growing a successful business: not so
much. The statistics are grim: less than 20% of the businesses
started each year survive their 5th anniversary. Jay Myers, founder
of Interactive Solutions, Inc. in Memphis, Tennessee is one such
survivor. Jay has built a company that, by tapping into the demand
for high-tech video conferencing and communication equipment,
continues to grow even beyond the 10 year anniversary. Finding the
way, however, wasn't easy. Facing cash flow problems, a partnership
divorce and even an embezzling employee, there were many days that
Jay thought he was going to end up just another statistic.
Actually, he did: Interactive Solutions, Inc. is part of an elite
club that has made the INC 500- INC magazine's list of America's
fastest growing private companies-twice Jay shares his lessons on
how he did it in "Keep Swinging" a story of overcoming adversity
and achieving small business success.
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