“It’s more about what you do with the company, than it is about getting lucky with the company you buy,” says Mike Zani, CEO of The Predictive Index. Since Mike and his partner purchased PI, it’s achieved consistent “Best Place to Work” status (from Glassdoor and The Boston Globe), and 30% year-over-year growth. “Looking back,” Mike says, “our success was from building world-class teams.”
Additional advice from Mike on success post-acquiring new businesses:
- You’re going to win or lose by the team you build. Be intentional in the people side of the business.
- Keep your eyes open for new opportunities — you never know when they’ll change your life.
- Pursue what you love.
- Implement proven strategies.