Lee Schafer's guest appearances

Lee Schafer

Three Women And A Bottle Of Wine

Forward Looking Business

Poised for Exit

Ben Utecht

Julie Keyes

Brian McDaniel

Aaron Keller

Roshini Rajkumar

Matt Scott

Amy Matthews

John Curry

Jaime Taets

Bob Sansevere

Mark LeBlanc

Jason Early

Bill Hudson

Scott Snider

Rose McKinney

OwlTail

Our guest for this #PoisedforExit episode is a media celebrity; Lee Schafer with Star Tribune. Lee has been a Business and Economics Columnist for the paper these past 9 years, and is the winner of a couple national awards as well. But what you probably didn't know, is that Lee spent many years in the world of Mergers and Acquisitions as a partner, an adviser, and a deal maker. Lee's first taste of entrepreneurism came from growing up on the family cattle farm. After college he was recruited to be an Analyst for Attrium. With no experience in M &amp; A, they made him a V.P. and Lee found himself on the front lines looking for acquisition opportunities. You could say that he learned a lot on his own in those trying days, but because he asks good questions and takes a genuine interest in the people first. He became a very successful deal maker for Private Equity firms seeking privately held business investments.  His style was a welcome change from some of the hard-hitting, transaction minded investment bankers, and he represented buyers who aligned with and appreciated his unique style. One of the many things he learned about entrepreneurs is that those who had key advisers, who really knew the owner's business and gave good advice, were the owners whose companies tended to be worth more and were the easiest to transition. The owners who had no outside advisory help tended to have unrealistic beliefs of what their companies were worth and were found to be more difficult to work with, because they were not accustomed to getting outside advice. Lee brought more opportunities to sellers with advisers, as they were easier to work with and had more realistic expectations. As a Business Columnist at the Star Tribune, Lee understands what entrepreneurs are going through and what it takes to be a successful one, since he's lived it in so many forms himself. He gets it. Listen more here.Find Julie here: https://www.poisedforexit.com/Thank you to our Sponsors: JAK + Co. CPA's and Sunbelt Business Advisors JAK + Co. CPA's JAK is an accounting firm conveniently located in the Twin Cities.Sunbelt Business Advisors Sunbelt Business Advisors has the largest &amp; most experienced business advisors, analysts &amp; brokers.

Our guest for this #PoisedforExit episode is a media celebrity; Lee Schafer with Star Tribune. Lee has been a Business and Economics Columnist for the paper these past 9 years, and is the winner of a couple national awards as well. But what you probably didn't know, is that Lee spent many years in the world of Mergers and Acquisitions as a partner, an adviser, and a deal maker. Lee's first taste of entrepreneurism came from growing up on the family cattle farm. After college he was recruited to be an Analyst for Attrium. With no experience in M &amp; A, they made him a V.P. and Lee found himself on the front lines looking for acquisition opportunities. You could say that he learned a lot on his own in those trying days, but because he asks good questions and takes a genuine interest in the people first. He became a very successful deal maker for Private Equity firms seeking privately held business investments.  His style was a welcome change from some of the hard-hitting, transaction minded investment bankers, and he represented buyers who aligned with and appreciated his unique style. One of the many things he learned about entrepreneurs is that those who had key advisers, who really knew the owner's business and gave good advice, were the owners whose companies tended to be worth more and were the easiest to transition. The owners who had no outside advisory help tended to have unrealistic beliefs of what their companies were worth and were found to be more difficult to work with, because they were not accustomed to getting outside advice. Lee brought more opportunities to sellers with advisers, as they were easier to work with and had more realistic expectations. As a Business Columnist at the Star Tribune, Lee understands what entrepreneurs are going through and what it takes to be a successful one, since he's lived it in so many forms himself. He gets it. Listen more here. Find Julie here: <a href="https://www.poisedforexit.com/" rel="nofollow" target="_blank">https://www.poisedforexit.com/</a> Thank you to our Sponsors: <a href="https://www.jakcpa.com/" rel="nofollow" target="_blank">JAK + Co. CPA's</a> and <a href="https://www.sunbeltmidwest.com/" rel="nofollow" target="_blank">Sunbelt Business Advisors </a><a href="https://www.jakcpa.com/" rel="nofollow" target="_blank">JAK + Co. CPA's</a> JAK is an accounting firm conveniently located in the Twin Cities. <a href="https://www.sunbeltmidwest.com/" rel="nofollow" target="_blank">Sunbelt Business Advisors</a> Sunbelt Business Advisors has the largest &amp; most experienced business advisors, analysts &amp; brokers.

40 - Award Winning Columnist, Lee Schafer on Mergers & Acquisitions

In the latest episode of the Poised for Exit podcast, consultant and "Poised For Exit" author Julie Keyes interviews Lee Schafer, business and economics columnist with the Star Tribune.

#40: Julie Keyes interviews columnist Lee Schafer

00:36 – Kevin and Nick welcome to the show, Lee Schafer who speaks to his background as a business columnist and his thoughts on the concept of bureaucracy for good 10:34 – Lee talks about the importance of understanding opportunity costs and where your business’s money is going 15:53 – Lee expounds on the brilliant business model that Alfred P. Sloan created for General Motors 23:54 – The mindset of money and capital allocation as a business and an entrepreneur 32:35 – Kevin and Nick thank Lee for joining the showEPISODE QUOTES“If you go back to the nineteen teens and the nineteen twenties, Detroit was Silicon Valley. It was the Wild West.” (05:25)“Your line managers are always gonna be – or they should be anyway – optimists. They should be strategic. They should be looking for opportunities to grow their operation. But ultimately they do compete, and they compete for their parent company’s checkbook.” (09:51)“Which kinda makes the achievement of [Elon] Musk and Tesla pretty remarkable. That’s not a normal guy. You can tell that capital has been very much a part of their whole story…he’s the most interesting figure maybe in my lifetime.” (28:40)“And they [Target] still do that. You can still listen to those folks talk about investment capital and ask ‘are we gonna invest in our store or are we gonna invest in our distribution capability for online?’ This is the methodology where you go about doing it.” (32:06)LINKS MENTIONEDAmpliFi Capital Corp WebsiteKevin’s LinkedInNick’s LinkedInLee’s LinkedInBOOKS MENTIONEDMy Years with General Motors

00:36 – Kevin and Nick welcome to the show, Lee Schafer who speaks to his background as a business columnist and his thoughts on the concept of bureaucracy for good 10:34 – Lee talks about the importance of understanding opportunity costs and where your business’s money is going 15:53 – Lee expounds on the brilliant business model that Alfred P. Sloan created for General Motors 23:54 – The mindset of money and capital allocation as a business and an entrepreneur 32:35 – Kevin and Nick thank Lee for joining the showEPISODE QUOTES“If you go back to the nineteen teens and the nineteen twenties, Detroit was Silicon Valley. It was the Wild West.” (05:25)“Your line managers are always gonna be – or they should be anyway – optimists. They should be strategic. They should be looking for opportunities to grow their operation. But ultimately they do compete, and they compete for their parent company’s checkbook.” (09:51)“Which kinda makes the achievement of [Elon] Musk and Tesla pretty remarkable. That’s not a normal guy. You can tell that capital has been very much a part of their whole story…he’s the most interesting figure maybe in my lifetime.” (28:40)“And they [Target] still do that. You can still listen to those folks talk about investment capital and ask ‘are we gonna invest in our store or are we gonna invest in our distribution capability for online?’ This is the methodology where you go about doing it.” (32:06)LINKS MENTIONED<a href="https://www.amplificap.com/" rel="nofollow" target="_blank">AmpliFi Capital Corp Website</a><a href="https://www.linkedin.com/in/kevingriffith14/" rel="nofollow" target="_blank">Kevin’s LinkedIn</a><a href="https://www.linkedin.com/in/nicklipetzky/" rel="nofollow" target="_blank">Nick’s LinkedIn</a><a href="https://www.linkedin.com/in/leeaschafer/" rel="nofollow" target="_blank">Lee’s LinkedIn</a>BOOKS MENTIONED<a href="https://www.amazon.com/My%20Years%20with%20General%20Motors" rel="nofollow" target="_blank">My Years with General Motors</a>

006 - Bureaucracy for Good with Lee Schafer

You see his byline in the Star Tribune business section almost every day, but his background is in business. In this episode, columnist Lee Schafer talks with us about his journey into journalism. He also shares his insights on how to read between the lines when you’re reading a business story and how to become a smarter news consumer. 

You see his byline in the Star Tribune business section almost every day, but his background is in business. In this episode, columnist <a href="http://www.startribune.com/lee-schafer/157932475/" rel="nofollow" target="_blank">Lee Schafer</a> talks with us about his journey into journalism. He also shares his insights on how to read between the lines when you’re reading a business story and how to become a smarter news consumer.