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The Second Stage

The Hedgehog Concept and Focusing on Your Company’s Core Purpose

Hedgehog Concept in Business

Whenever someone you know is experiencing back pain, you often hear about their doctor or physical therapist telling them to start building up their core muscles. The reason for doing this, as you know, is not only to improve a person’s chances of eliminating...

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Grow as a business leader by getting out of your comfort zone

thoughtful business leader and crowd of business people

I had the great pleasure of speaking with Performance of a Lifetime CEO, Cathy Salit, on a recent episode of The Second Stage. As a singer and actor, Ms. Salit offers a unique approach to organizational change and leadership development, using The Becoming PrincipleSM,...

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With Plenty of Tools Available, Good Financials are a Necessity

The Importance of Finance in Small Business

Almost everyone who’s deeply interested in the entrepreneurial spirit has watched Shark Tank at one time or another. Yet, another popular TV show that focuses on the lives – and livelihood – of small business owners is The Profit, a reality program from CNBC...

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Where Positive Customer Experiences Go, Profits Follow

Customer Experience

Owning a small business is a balancing act at times, as it requires a broad focus on the organization as a whole, as well as a detailed view of all the individual components that make a company successful. However, there’s one underlying factor that...

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3 Ways to Build a Better Sales Culture in Your Small Business

Small Business Sales Success

Nothing contributes more to a company’s success than having a strong sales culture in place. Not only does it turn a business into a revenue machine, it also adds to the overall culture of an organization, eventually trickling into other non-sales departments and across...

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The Evolution from Creating to Investing in Small Business

Small Business Investor

Walking away from a business you’ve poured your heart and soul into is a difficult decision, but if you’ve taken the time to develop a rewarding exit strategy, a new set of opportunities undoubtedly await you. At the beginning, these opportunities may involve pursuing...

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With a Culture of Transparency & Accountability, Results Happen

Two of the most important, yet challenging, aspects of building a small entrepreneurial business into a growing, professionally managed organization is implementing a culture of transparency and accountability.  A lot of people would suggest that this happens by default in small businesses because there...

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The Importance of Exit Planning for Entrepreneurs

Plan for the successful exit of your business

Unsurprisingly, most entrepreneurs would find it a stretch to add the words “exit planning” to their everyday vocabulary, much less to their long-term business strategy. This isn’t necessarily a bad thing, however, as entrepreneurs are well-known for being focused in the way they operate...

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Why Evolution Partners With Second Stage Companies

Build a Foundation for Sustained Growth with a Small Business Investor

When we began working on the principles that would ultimately become the driving force behind our decision-making at Evolution Capital Partners, we not only relied on tips from proven experts in the area of smart investing, but we also leaned heavily on our own...

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A Tool for Building Synergistic Teams in Your Small Business

I recently had the pleasure of completing the three-day Kolbe Certification(TM) training program, which is a conative testing measure that leaders of both small and large businesses can use to build better management teams, engage more productively with their existing ones, and identify gaps....

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Key Performance Indicators: The Pathway to Measured Success

Measure of success conceptual using measuring tape

  One of the most relatable examples of a key performance indicator (KPI) comes from being a parent. It is amazing how preoccupied kids are with growing up. This is evidenced by how frequently they measure themselves, followed by predictions on if they will...

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3 Great Reasons to Join a Peer Group for Entrepreneurs

Guidance Answers Questions Feedback Business Community

Anyone making the leap from employee to entrepreneur is acutely aware of both the struggles and advantages built in to the transition. Yet, regardless of how educated and driven an entrepreneur might be, the learning curve for keeping a small business afloat, not to...

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Innovative Funding Changing Finance Landscape

Crowdfunding for Small Business Investing

I read a great article in The Wall Street Journal titled The Uberization of Money.  The title is obviously derived from the leading ride sharing company, Uber.  According to the article, the title was chosen because the trends in money and investing are similar...

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Creating a Company with Passion

Creating a Company with Passion

  As an entrepreneur, your determination to succeed is second to none. Without this passion and drive, you would have never taken on the challenges of owning a small business. But when it comes to getting your team to exhibit the same type of...

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How Evolutionary Capital Helps Second Stage Companies

business growth investment to achieve goals

Small Business Investors You’ve heard of Venture Capital.  You’ve heard of Private Equity.  But have you heard of Evolutionary Capital?  It fits uniquely in between, in the second stage of growth. When you finally rise above the difficulties of being a start-up, your small...

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The Power of Profit in Small Business

The Power of Profit in Small Business

As an entrepreneur and small business owner, your company’s sustainability and growth prospects are reliant on the financial health of your organization. And at Evolution, we feel that not only understanding the financial levers that drive your business are imperative, but monitoring these identified...

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Entrepreneurially Run Companies Need Structure To Grow

An operating process offers a framework for growth

Many entrepreneurs feel that if they put enough hours and hustle into their business, they will be successful. And while many certainly are successful due to the blood, sweat and tears poured into the business (especially in the beginning years), in the long run,...

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Second Stage Investing: Supporting The “Unsexy” Entrepreneur

In a recent article in Entrepreneur, CEO and Founder of Venture for America, Andrew Yang, wrote candidly about his views on what kinds of startups he looks to invest in. Labeling these companies as “unsexy” by the standards often used to describe most fledgling...

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Create a Contagious Culture

Create a Contagious Culture

Introduced through the Small Giants Community, we were thrilled to have leadership advisor and strategist, Anese Cavanaugh, on a recent episode of The Second Stage. Anese sites that 93% of our impact as business leaders is in how we “show up,” leaving only 7%...

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4 Ways to Boost Company Morale at This Year’s Holiday Party

Charitable Work During the Holidays

Even if your small business is doing well in 2015, making your team more cohesive and prepared for the coming year is important. Sometimes a business does well in spite of its culture; but as many entrepreneurs have discovered, sometimes the hard way, if...

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