Brendan Luchen’s Post

Excellent piece on how the landscape for companies wanting to go public has changed considerably in recent years. The consequences have been far reaching.

Have you ever wondered why investing in a few great businesses outperforms investing in many? If so, you may want to check out our latest blog post, which delves into this topic and provides some insights. Click here to read more! https://lnkd.in/eUkFNWTi

I’m excited to share that tomorrow, March 12th, I will have the honor of testifying before the House Small Business’s Subcommittee on Oversight, Investigations, and Regulation on a topic that is not only close to my heart but crucial for the entrepreneurial community at large: alternative pathways to investing in small businesses. At Vēmos, we've been at the forefront of creating personalized experiences in the hospitality industry, aiding businesses in understanding and serving their customers better. This journey, from ideation to execution, has been fueled by a blend of passion, innovation, and, crucially, access to capital. However, a challenging aspect that often goes unnoticed is the regulatory environment surrounding new company formations and exits. Tomorrow, I will discuss how overregulation can stifle growth, hinder new business formations, and limit the deployment of new capital, drawing on our experiences and those of countless other entrepreneurs. In our journey at Vēmos, and previously in my career, I've witnessed firsthand how regulatory hurdles can make it difficult for businesses to execute their exit strategies – a fundamental aspect of our business plan that impacts everything from raising capital to recruiting top talent. As I prepare to share our story and advocate for a balanced approach to regulation that fosters innovation and growth, I invite my fellow small business owners to tune in and join the conversation. Your support and engagement are what propel us forward, enabling us to continue creating impactful solutions and driving economic growth. You can follow along tomorrow at 10 AM here: https://lnkd.in/eTSTfZzm Let's champion a future where entrepreneurs have the freedom to innovate, grow, and succeed. Thank you ACT | The App Association for this opportunity. #Entrepreneurship #Innovation #Regulation #Congress #Vēmos #SmallBusiness

The line between thriving, surviving, and boarding-up windows are thin. The enormous challenges of the previous few years have resulted in quick innovation and acceptance of new technology in supply chains, allowing small firms to obtain vital materials to keep their operations going. Small businesses are the backbone of local communities, keeping major streets crowded and vibrant.  Discover how small businesses are teaming up to boost local economies below. #GrowTalentManagement #GrowSmallBusiness #M&A2 https://lnkd.in/gPJn5exR 

Just because you've done something the same way for 20+ years and you manage to make money, doesn't mean there isn't money on the table. Hard truths. When you look around at the most successful innovators in the world, do you think they sat at their desks and said "this is good enough"? When you see others in your industry who've been able to scale while you didn't, do you think that it was luck? That they did the same thing as everyone else? Then why do you think doing things the same way as you did when the world was a completely different place would result in massive success? It's time to wake up. #multifamily #commercialrealestate #propertymanagement —— Ready to Massively Increase Your Net Operating Income™? Subscribe to my YouTube channel and learn how. https://lnkd.in/gTpZBCzt

Short-Term Gains vs. Long-Term Vision In business, we encounter two types of enterprises: those driven by short-term gains and those committed to long-term growth. Short-term oriented businesses often seek immediate profitability, choosing shortcuts or loopholes over sustainable practices. Their approach is to capitalize on underdeveloped industries by launching ancillary ventures, aiming for quick financial wins before moving on - This is common among many businesses currently operating in the cannabis industry. However, this lack of a long-term vision can lead to potential pitfalls, including a weakened foundation for enduring success. Long-term focused businesses are built with the future in mind. They aim to uplift and innovate within their industry. By prioritizing ethical practices, these organizations not only pave the way but also emerge into thought leaders. They invest in educating the public, fostering an environment of trust and credibility. This strategic approach not only safeguards their reputation but also protects their clients and partners from reputational damage, lawsuits, and fines. The difference is clear: while short-term gains might offer immediate gratification, it's the long-term visionaries who truly transform industries. These forward-thinking entities don't just navigate the market; they redefine it, creating a legacy that outlives immediate profits. Let's champion the businesses that are here not just to survive but to thrive and make a lasting impact. It's about building a future where the industry flourishes, driven by integrity and innovation. #LongTermVision #IndustryLeadership #SustainableBusiness #Innovation

"We do not need an exit strategy. Rather, our strong preference is to find businesses where we believe that an exit will not be required.” Bill Ackman Ackman has a very simple strategy (but not necessarily easy to do). He basically seeks "...to invest in the extremely durable growth companies that meet our core principles for business quality, simplicity, predictability and free cash flow generation." These are the key words: - Durable - Business Quality - Simplicity - Predictability - Cash Flow Generation If you can focus on making sure your companies have these attributes, the battle will be more than half won. These types of companies keep creating value and therefore "do not require an exit strategy." PS: Just make sure you don't overpay at the entry. ;) Blessings. #The5000 #Money #Invest #BiblicalFinance #10X10Y #100X20Y

Why Are Companies That Lose #Money Still So Successful?   In a well-functioning #capitalmarket, profits should be the sole criterion for firm survival; that is, firms reporting losses should disappear. Of late, however, loss-making firms are highly sought after by #investors — often more than some profitable firms. Unicorns, or startups with valuations exceeding a billion dollars, are examples of such loss-making firms. What has changed over time? When and why did losses lose their meaning? The authors’ series of new research papers provide some answers, guiding managers to make the right #investments: those that produce delayed but real profits — not just those that produce short-term accounting profits but decimate #shareholder wealth in long run.   https://lnkd.in/eMYEddsU   Calabrese Consulting LLC

Why Are Companies That Lose #Money Still So Successful?   In a well-functioning #capitalmarket, profits should be the sole criterion for firm survival; that is, firms reporting losses should disappear. Of late, however, loss-making firms are highly sought after by #investors — often more than some profitable firms. Unicorns, or startups with valuations exceeding a billion dollars, are examples of such loss-making firms. What has changed over time? When and why did losses lose their meaning? The authors’ series of new research papers provide some answers, guiding managers to make the right #investments: those that produce delayed but real profits — not just those that produce short-term accounting profits but decimate #shareholder wealth in long run.   https://lnkd.in/exJ62uWY   Calabrese Consulting LLC

Yesterday we learnt that the number of companies going bust hits 30-year high - https://lnkd.in/diyxDi9N With rising costs, challenges from tech and climate change, the ongoing saga of Brexit and uncertainty around the economy it is hardly surprising. Yet we have no workable system of business support. European funding has gone, the LEPs and Growth Hubs are on their way out and UKSPF is less visible than the Scarlet Pimpernel. If we are genuinely going to compete on a global stage, then we are going to have to invest in our SMEs, our youngsters and in technology.