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Inside Business Exits: Building a Business Buyers Want
What makes one business irresistible to buyers while another struggles to attract interest?
It is a question many founders may not ask until an exit is on the horizon. By then, some of the most important decisions have already been made.
At EO Melbourne’s recent Inside Business Exits Learning Event, members were challenged to look at their businesses through a buyer’s lens, not simply to understand how to sell, but to explore what makes a business genuinely worth buying.
Beyond Membership: How Damian Found Real Value Through the EO Path of Leadership
“If you like EO and you like what EO can give you, you wouldn’t even be close to getting the most out of EO until you actively participate in the Path of Leadership,” says Damian Blumenkranc, an EO member since 2016.
Over nearly a decade with Entrepreneurs' Organization, Damian has done far more than attend events or sit on the sidelines. He has consistently rolled up his sleeves, stepping into leadership roles that started as the Chapter Communications Chair, and spanned all the way to Chapter President, Regional Council member, and now a Global Growth portfolio role, helping drive initiatives that expand membership and support the launch of new EO chapters around the world.
Damian Blumenkranc's Remarkable Journey: From Online Entrepreneurship to Business Transformation
In a recent episode of the EO Business podcast, Linh Podetti sat down with Damian Blumenkranc, a prominent member of EO Melbourne, to delve into the captivating story of Sunset Sleepers' acquisition and its subsequent transformation under Damian's visionary leadership since March 2021. Join us on a compelling journey as we explore the triumphs, challenges, and insights that have defined Damian's entrepreneurial career.
The path of entrepreneurship through acquisition
When we talk about entrepreneurship, the first thing that comes to mind is starting a company from a garage. However, there are various ways towards a successful business journey, and one of these paths is entrepreneurship by acquisition. Top-level universities and business schools like the Harvard Business School, Columbia University, The University of Chicago, and Duke University, among many others, even offer Entrepreneurship by Acquisition in their curricula.
The importance of mentorship in the entrepreneurial journey
The entrepreneurial path can be quite daunting for those who are contemplating to take it. But even when you’re already in the journey, there are times when the ride can be tough and you seem to be lost midway due to the pressures coming from various directions. Having a guide, someone that has been through this before, to point the way can help ease the anxiety of not knowing what lies ahead and can even be instrumental in accelerating things. This is where mentors come beneficial to one’s entrepreneurial journey.
Entrepreneurs Damian Blumenkranc, Co-Founder of Creativa, Attento, and Just Click Videos, among others, and Benjamin Trinh, Founder and Managing Director of Life Ready Health Group share that having mentors have helped them in the success of their endeavours. Apart from being on the receiving end as mentees, both have also become mentors to other entrepreneurs, helping others in their businesses as well.
The creator and problem-solver in Damian Blumenkranc
How do you solve a problem like Damian Blumenkranc? The CEO of Creativa Videos loves solving problems and enjoys creating new concepts. Having a solution mind comes naturally to him.