How to Sustain a Family Business Across Generations

      Could Your Startup Benefit from Outside Leadership? Look for These 5 Signs

      Running a startup isn’t easy. With a smaller workforce, you may be responsible for growing sales, sustaining your operations, keeping in compliance and many other tasks. And when something goes wrong, you’re often the one that clients and employees turn to for help. So while company ownership is rewarding, being the leader and wearing so many hats can be tough at times.

      Thankfully, outside assistance can lift a significant burden from your shoulders. A new leader could identify potential opportunities you’re passing up or areas where you could improve your business operations. Above all else, it allows you to step back from the day-to-day operations and focus on big-picture ideas that will grow your business.

      Here are a few signs that it’s time to bring outside leadership to your organization.

      1. You’re planning to expand the business

      Most businesses will have varying growth goals. Perhaps you want to open a new office in another city or introduce a new product or service line to benefit your customers.

      With growth comes the potential for higher revenue, but it also means more risk. You’ll likely need to invest some money up front to support the expansion, which may require taking on debt or digging into your savings. Your workload will also increase, so you may need to work longer hours to make your endeavor a success.

      Read more HERE

      About Entrepreneur

      Entrepreneur is an American magazine and website that carries news stories about entrepreneurship, small business management, and business. The magazine was first published in 1977. It is published by Entrepreneur Media Inc., headquartered in Irvine, California.

      Cowen Partners is the nation’s executive search firm, enabling companies to harness the power of human capital to fuel their success. Cowen Partners gives our clients access to the top 1% of human capital to create opportunities that accelerate their growth and market share. With Cowen Partners, clients can grow at scale, create value, and drive results with world class talent. Our clients are both small and large, publicly traded, pre-IPO, private, and non-profit organizations.

      Clients are typically $50 million to multi-billion dollar revenue Fortune 1000 companies or have assets between $500 million to $15 billion. Successful placements span the entire C-Suite and include VP and director level leadership roles.

      With our proven processes and guaranteed results, we have successfully placed hundreds of candidates in industries including technology, healthcare, manufacturing, retail, financial services, and private equity.

      About Shawn Cole, President & Cofounder

      Shawn Cole is a serial entrepreneur and executive leader with over 15 years’ experience founding and running successful companies. Shawn’s business career has been centered on value creation for both turnarounds and startups.

      Shawn is President and Co-Founder of Cowen Partners, a national CFO executive search firm focused on the key elements of a successful business: sales, marketing, and finance. Business clients across the country trust Cowen Partners to take their companies to the next level by finding them executive talent, such as a CEO, CFO, COO, Chief Revenue Officer, and Chief Marketing Officer. Clients are both small and large, publicly traded, pre-IPO, private, and non-profit organizations, typically $50 million to multi-billion dollar revenue Fortune 1000 companies or have assets between $1 billion and $15 billion.

      An active participant in the business community and startup space, Shawn Co-Chairs The Cowen Partners Venture Fund which provides seed funding and early stage investments, focusing on market disruptors in niche markets, community businesses, and minority entrepreneurs.

      Shawn attended Oregon State University’s College of Business Austin Entrepreneurship Program and participated in a first-of-its-kind experiential entrepreneurship experiment at Weatherford Hall. He was also a Founding Member and President of Oregon State University’s Students in Free Enterprise, an international non-profit organization working with university students who want to positively change their communities and learn practical knowledge to become socially responsible business leaders.

      At the age of 16 Shawn became a volunteer firefighter and EMT, eventually founding and managing a half marathon to raise funds for the community. To date, the marathon is still a success and has raised over one million dollars benefiting the community.

      Get in Touch.

      Fill out the email request form to learn more about our approach.

        [honeypot website]