When asked whether an aspiring Holdco participant should take the plunge, our best answer is... ...it depends. - Our best advice would be to follow the “half dozen pieces of advice for holding company entrepreneurs” from the SOM note: 1. Do this for the right reasons 2. Embrace an operational mindset, especially for the early innings 3. Be parsimonious with equity capital 4. Be wary of over-diversification 5. Understand that time is concurrently a friend and an enemy 6. Recognize twenty years is a long, long, time More in this week's installment of Weekly Thoughts: https://lnkd.in/ecXv4gf4 #chasebetter #holdco
Chenmark
Holding Companies
Portland, Maine 2,710 followers
Chenmark is a team of small businesses committed to each other and to the constant pursuit of better.
About us
Chenmark is a team of small businesses committed to each other and to the constant pursuit of better. We work with retiring owners and entrepreneurs to provide liquidity, preserve legacies, and position companies for long-term success. Chenmark companies share a commitment to: Chasing Better - We believe unequivocally in our potential. We maintain the discipline to do the little things necessary to achieve it. We cultivate the grit required to stay the course when things don’t go our way, and we maintain a sense of urgency. We choose to chase better because we want to run, not walk, toward greatness. Keeping Score - We believe in the power of competition and acknowledge that the scoreboard doesn’t lie. We believe data is more valuable than anecdote or opinion, but we also recognize that results are snapshots and not final judgements. Playing the Long Game - We believe consistency of performance over time is what counts. We think in decades, not years. We believe that in the long run, relationships matter, and we know that we can’t effectively take care of our companies if we don’t first take care of ourselves and our families. Putting the Team First - We believe the whole is greater than the sum of the parts. We are prepared to do whatever is needed to help the team win. When we lose, we accept responsibility. When we win, we share credit. By working for Chenmark, we commit to holding ourselves to the highest standards of integrity, especially when no one is watching.
- Website
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https://chenmark.com/
External link for Chenmark
- Industry
- Holding Companies
- Company size
- 501-1,000 employees
- Headquarters
- Portland, Maine
- Type
- Privately Held
- Founded
- 2015
Locations
Employees at Chenmark
Updates
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Chenmark reposted this
🎧 New Podcast Episode! Travel Marketing Insights with Jamie Storrs! Tune in to our latest Travel Marketing Podcast episode brought to you this week, Brennen Bliss with Jamie Storrs, VP of Marketing at Chenmark , about managing marketing for five unique travel brands. 🌟 Episode Highlights: ▪Unique Role: Jamie's experience as a fractional CMO overseeing multiple travel brands. ▪Marketing Channels: Effective use of paid search, social media, and SEO. ▪Tech Innovations: Using AI chatbots and data tools to enhance customer experience. 🎙️ Listen Now: https://lnkd.in/dh2EpeCr Jamie offers valuable insights for anyone in travel marketing. Don't miss out!
Multi-Brand Marketing with Jamie Storrs
https://spotify.com
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Just chisel away the parts that aren’t Chenmark... More on this, T-Swift, and Michelangelo in Weekly Thoughts: https://lnkd.in/ebmfhhw9 #chasebetter #swiftiEtA
Sculpting David
Chenmark on LinkedIn
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Simple doesn’t mean second-class... ...although people often think fancy technology must be used to deal with difficult problems, it really is harder to make something simple than to make it complicated. More on this, and a novel way to cure dehydration in this week's Weekly Thoughts: https://lnkd.in/ekHicN2P #chasebetter
Salt, Sugar, and Water
Chenmark on LinkedIn
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Distilling a brand down to one word is hard... More on this and lessons from Volvo Cars & Nike in this week's Weekly Thoughts: https://lnkd.in/eZjHNhMj #chasebetter
Brand = Adjective
Chenmark on LinkedIn
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In those early years, it was critical for us to discern what we DO NOT do... ...by narrowing our focus, we gained the conviction to focus on what we DO. More on this and life lessons from Matthew Mcconaughey in Weekly Thoughts: https://lnkd.in/eiXVe8A7 #chasebetter #alrightalrightalright
The Tyranny of Options
Chenmark on LinkedIn
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We have found that the most formative relationship-building happens in three ways. The first is some sort of shared suffering. The second is friendly yet intense competition. The third...is tequila. More on this at: https://lnkd.in/e7uiyJtY #chasebetter
Retreat!
Chenmark on LinkedIn
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If you’re looking for a quick summary, by all means, use ChatGPT.... ...if you’re looking to build something special, use your brain. More on this at: https://lnkd.in/eZrqExMH #chasebetter
Luddite Alert
Chenmark on LinkedIn
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There are no celebrities at Chenmark... ...when we are down, we pick each other up and accept responsibility. When we win, we share the credit. More on our core tenets at: https://lnkd.in/eg5mzhzG #chasebetter #playthelonggame #puttheteamfirst
People Like Us Do Things Like This: Part 2
Chenmark on LinkedIn
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The first in a two-part series revisiting our core values and what it means to be a Chenmark company. This week: Chase Better & Keep Score More on this at: https://lnkd.in/giCJ8qgf #chasebetter
People Like Us Do Things Like This, Part 1
Chenmark on LinkedIn