In a bonus episode of the Game of Money Podcast, STS Capital Partners Founder & Chairman Rob Follows and STS Managing Director Vince Willis share insights on entrepreneurship, business sales, and the true meaning of money. Rob and Vince discuss the challenges founders face, the strategies behind building and exiting successful businesses, and the lessons learned through real-world experience.
The conversation explores the personal and professional journeys that shaped their approach to business, highlighting actionable insights for entrepreneurs looking to achieve an Extraordinary Exit™.
Key insights from this episode include:
Entrepreneurial Journeys: From Early Ambitions to Building STS
Rob reflects on the age at which he began his entrepreneurial path and how it evolved over time, while Vince shares how his family’s entrepreneurial activities helped him discover his professional purpose. Their experiences demonstrate how personal history often informs pivotal business decisions.
The Meaning of Money and Work-Life Balance
They discuss what money symbolizes to them and the importance of balancing entrepreneurial pursuits with family and personal fulfillment. Their perspectives reveal the mindset required to navigate both life and business successfully.
Maximizing Business Value: Timing, Strategy, and Processes
Entrepreneurs often face the question, “Is everything for sale?” Rob and Vince examine how to determine the right time to sell and the processes STS has established to deliver maximum value. They emphasize preparation, clear thinking, and alignment with the right strategic buyers to achieve an Extraordinary Exit.
Common Mistakes and Lessons Learned
Through decades of experience, Rob and Vince have observed recurring challenges that can derail business deals. From premature sales to missed strategic opportunities, they outline how founders can avoid these pitfalls and position their companies for optimal outcomes.
Networking, Markets, and Entrepreneurial Success
The episode also explores the power of networking, understanding global markets, and navigating today’s economic and geopolitical environment. Rob and Vince share insights into how these factors influence strategy and long-term business success.
Personal Reflections and Advice
Finally, Rob and Vince provide their definitions of success, approaches to balancing entrepreneurial and family responsibilities, and advice for the next generation of leaders.
This episode offers a comprehensive look at entrepreneurship, business strategy, and the mindset needed to create maximum value. With STS’ guidance, founders can approach business decisions not just strategically, but with the insight and discipline necessary to achieve an Extraordinary Exit™.
Click here to listen to the full podcast: https://youtu.be/6Ivv2fLsVmA
