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Here's how you can effectively analyze and evaluate different strategic options as a personal coach.
The best advice I’ve heard is the old joke: “How many personal coaches does it take to change a lightbulb?” “Just one, but the lightbulb has to really, really want to change.” In my experience, they have to go beyond just identifying their underlying motives. They have to build their reasons for wanting to change — often they have not made the list of everything they will gain from changing, plus everything they will lose from not changing. Just that exercise sets the stage for the habits they will need to build so they can achieve whatever it is they want to gain from the coaching.
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What do you do if industry disruptions are threatening your business?
We saw this when the Enterprise Software industry transitioned to SaaS. At @CATechnologies, many of their categories came under fire from firms like ServiceNow, Solar Winds, and New Relic. Their approach was a bit different, and it led to a big increase in valuation in a pretty short timeframe. 1. Fight it out with Private Equity - there is usually an opportunity to change the company through acquisition. If you have distribution but are disrupted on product, you should be able to buy early stage companies and scale them to your customer base. 2. Build on core - see the other posts here. 3. Trim - shutter/sell the businesses with slower-growing TAM. It’s very hard to make these calls, but the economics can definitely work out.
Activity
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I just read an enlightening article from EXL’s President and Head of Analytics, Vivek Jetley, discussing the AI sector and its dependence on data…
I just read an enlightening article from EXL’s President and Head of Analytics, Vivek Jetley, discussing the AI sector and its dependence on data…
Liked by Raj Chakraborty
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During TWIN Proximity, Gary Hoberman, CEO of Unqork, wowed us with a demo that completely flipped our understanding of software development. He…
During TWIN Proximity, Gary Hoberman, CEO of Unqork, wowed us with a demo that completely flipped our understanding of software development. He…
Liked by Raj Chakraborty
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I could not be more honored and excited to join this fantastic team, and to serve the valued customers of Transamerica!
I could not be more honored and excited to join this fantastic team, and to serve the valued customers of Transamerica!
Liked by Raj Chakraborty
Experience & Education
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Massachusetts Institute of Technology
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Volunteer Experience
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I enjoyed ringing the closing bell at NYSE with my AllianceBernstein colleagues and Bernstein Private Wealth Management clients. Proud of our…
I enjoyed ringing the closing bell at NYSE with my AllianceBernstein colleagues and Bernstein Private Wealth Management clients. Proud of our…
Liked by Raj Chakraborty
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It’s time for AI to start making money for businesses. Can it? That’s the provocative question the Wall Street Journal asks today in its article…
It’s time for AI to start making money for businesses. Can it? That’s the provocative question the Wall Street Journal asks today in its article…
Liked by Raj Chakraborty
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We at Bessemer Venture Partners are all-in on Vertical AI! If you're building a vertical AI start-up, and want to learn what we're seeing across our…
We at Bessemer Venture Partners are all-in on Vertical AI! If you're building a vertical AI start-up, and want to learn what we're seeing across our…
Liked by Raj Chakraborty
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Lots of exciting momentum building with Pablo's Mate as we enter Q3! This week, we'll finalize the recipes for our 4 proprietary SKUs in order to…
Lots of exciting momentum building with Pablo's Mate as we enter Q3! This week, we'll finalize the recipes for our 4 proprietary SKUs in order to…
Liked by Raj Chakraborty
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I'm excited to begin my 12th year as part of the @Consumer Bankers Association Executive Banking School faculty! We're excited to welcome nearly 400…
I'm excited to begin my 12th year as part of the @Consumer Bankers Association Executive Banking School faculty! We're excited to welcome nearly 400…
Liked by Raj Chakraborty
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Cricket is a passion I’ve always shared with my father. He taught me the game and encouraged me as a player. While my days as an all-rounder are long…
Cricket is a passion I’ve always shared with my father. He taught me the game and encouraged me as a player. While my days as an all-rounder are long…
Liked by Raj Chakraborty
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Access to Wi-Fi hotspots is critical to closing the digital divide. We support FCC Chairwoman Rosenworcel's E-Rate Hotspot Lending Proposal and look…
Access to Wi-Fi hotspots is critical to closing the digital divide. We support FCC Chairwoman Rosenworcel's E-Rate Hotspot Lending Proposal and look…
Liked by Raj Chakraborty
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How Nike Missed the Boom in Running Culture. I have been an amateur runner for over a decade now - and I have seen how Nike has slowly been replaced…
How Nike Missed the Boom in Running Culture. I have been an amateur runner for over a decade now - and I have seen how Nike has slowly been replaced…
Liked by Raj Chakraborty
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