CEO Forum – 12.11.19 Central FL

The CEO Forum – Central Florida Wednesday, December 11, 2019 6:00 pm – 8:00 pm The Alfond Inn 300 E. New England Ave. Winter Park, FL 32789 Featured Presenter: Jason Eichenholz, Co-Founder & Chief Technology Officer Luminar Technologies Jason Eichenholz is a serial entrepreneur and pioneer in laser and photonics product development and commercialization. Over the past twenty-five years, he led the development of hundreds of millions of dollars of new photonics and photonic-enabled products. At Luminar he is responsible for R&D and Engineering of new products and bringing Luminar’s technology to market. Eichenholz is a fellow of SPIE and OSA and holds more than thirty-five patents on lasers and photonic devices. Eichenholz has an M.S. and Ph.D. from CREOL at the University of Central Florida and a B.S. in Physics from Rensselaer Polytechnic Institute. Click here for more information and to...

CEO Forum – 11.21.19 CEO Next

CEO Forum – November 2019   Leadership & Business Growth Series Leveraging Leadership and Culture     for Greater Success   Speakers:     Richard Nazarian and Peter Bonfe Thursday, November 21, 2019 – 7:30 am to 9:00 am7:30 am to 8:00 am – Registration and continental breakfast (sponsored by Insperity)8:00 am to 9:00 am – Speaker presentation and Q&A St. Louis Park City Hall – 3rd floor Council Chambers5005 Minnetonka Blvd.St. Louis Park, MN 55416 Richard Nazarian Richard Nazarian, CEO and chairman of the board of Minnetronix, co-founded the medical technology company in 1996 with three employees and one project. While providing both business and technical leadership to the company, he served as company president until April of 2017. He is the principal inventor on 15 patents and is the chief author of numerous papers on medical device development. Rich has led his company in the development of new and innovative medical devices such as implantable artificial heart electronic systems, cardiopulmonary bypass systems, laser imaging systems and ventricular assist devices and nerve growth stimulators.   Peter Bonfe Peter Bonfe is a second generation owner and president of Bonfe. The company was founded in 1993 by his father Wally Bonfe as a one-person operation. A family owned and operated business specializing in residential plumbing, heating, cooling, drain cleaning, electrical, indoor air quality, and appliance repair services, Bonfe has dramatically scaled its operations to serve the entire region in many different service lines. Bonfe bases its growth and success on core values which include trust-based relationships, high ethical standards, and superior customer service.   CLICK HERE TO REGISTER For more information, please visit www.hennepin.us/ceonext. Or you may call...

Succession Planning – “If I only…”

Succession Planning – “If I only started earlier…” A presentation today by Bill Lowman on What CEOs Need to Know About M&A and the Exit Planning Process confirmed a theme common to our recent workshop series on succession planning. Simply put, to maximize enterprise value at exit, business owners must start the succession planning process 3 to 7 years prior to an anticipated exit. For further context on succession planning best practices, I encourage our members to access the CEO Nexus media archive and view the audio/PPT presentations provided by Ryan Tansom on Understanding the Exit Framework (10.16.19), Jon Molayem on Understanding an LOI (10.30.19), Russell Slappey on Value Drivers That Maximize Enterprise Value (11.01.19), and Bill Lowman on What CEOs Need to Know About M&A (11.12.19). View Media Archive...

CEO Workshop – LOI Fundamentals

You received a letter of intent. What should you do now? Some of the toughest decisions that owners and CEOs of second stage companies face come with the exit or succession of their business. At CEO Nexus, exit planning, exit strategies, success stories about business sales — and yes, missteps make up some of our most riveting conversations in our peer-to-peer roundtables. We all cheer those who successfully sell and move on to their next business or a new stage in life. But deep down, we all fear what could happen if a business sale is not properly executed. Big issues can keep us up at night, such as: was money left on the table or are our employees protected? I recently participated in a workshop featuring Jon Molayem, President and Founder of Acquivest. He provided some great insights. Letters of intent are non-legally binding documents that lay out a pathway to close a deal, and outline payout at closing and earn out opportunities. They can either be part of an ongoing and planned exit strategy or they can show up unexpectedly. Letters of intent deserve your best effort. You only get one chance to sell your business, so you need to make sure you understand all aspects of the letter of intent. Be sure to pay close attention to non-disclosures – you don’t want an unfounded assumption or inadvertent conversation harming a potential deal. Molayem discussed how no two deals are ever the same. He has worked on hundreds. The number of variables to be considered can be daunting. I was struck by number of thought-provoking items brought...

CEO Forum – 10.23.19 Central FL

The CEO Forum: Central Florida Wednesday, October 23, 2019 6:00 pm – 8:00 pm Winter Park, FL Featured Presenter: Andre Uribe, Executive Vice President Qualus Power Services, LLC (Co-Founder of Power Grid Engineering) Andre Uribe is the Executive Vice President of Sales and Marketing for Qualus Power Services, (Co-Founder of Power Grid Engineering). Uribe is responsible for developing business strategies tailored to market needs, while proactively initiating new partnerships and aligning business goals with company objectives. Serving as a brand ambassador, Uribe’s vision is to lead the organization’s strategic growth and expansion of its services lines and empower his team to continue building and maintaining long-lasting partnerships to make a positive impact in the power industry. Uribe’s areas of expertise include business intelligence, strategic planning, account development and acquisition, sales and market analysis, corporate social responsibility and branding. Click here for more information about the...

CEO Forum – 06.20.19 HCARS

 CEO Forum – June 2019   Leadership & Business Growth Series Preparing for a Successful Exit     or Succession Event: Lessons Learned   Panel Members:  Jeff Wright, Dave Perrill, Jeanne Voigt Thursday, June 20, 20197:30 to 9:00 am St. Louis Park City Hall – 3rd floor Council Chambers5005 Minnetonka Blvd.St. Louis Park, MN 55416 7:30 am to 8:00 am – Registration and continental breakfast (sponsored by Insperity)8:00 am to 9:00 am – Speaker presentation and Q&A   Jeff Wright Jeff Wright, managing director and principal, Corporate Finance Associates, brings more than 35 years of entrepreneurial management experience to work advising company owners as an investment banker. He works with owners of private companies to execute high value exits through a tightly managed, competitive process.   Dave Perrill Dave Perrill is CEO of Compute North, a company focused on developing and managing high performance computing centers. Prior to joining Compute North, he founded and sold SecureConnect. Jeff Wright was the lead investment banker for that transaction.   Jeanne Voigt Jeanne Voigt is the founder and past CEO of MindWare. She sold her majority interest in 2003, and the company was sold again in 2013 to Berkshire Hathaway.   CLICK HERE TO REGISTER For more information, please visit Hennepin.us/BusinessAssistance and click on the Economic Gardening section, call 612-348-9812, or email Mary.Matze@hennepin.us...