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The Business Godfather podcast where Chris Koomey talks with business owners about how to become an active investor.

Brexit Opportunities

Brexit Opportunities

Brexit Opportunities

Great Britain voting in favor of the Brexit from the European Union took a lot of people by surprise. Much of the discussion in the aftermath of the Brexit vote has been experts saying that Brexit is bad and they have no idea what is going to happen. While this is normal in the case of any market dislocation, as Active Investors, we want to figure out where is the best place for us to look for opportunities.

In 2012 or so, London surpassed New York City as the Global Financial Capital. This is why Great Britain opting to remove themselves from the Global Financial system, will have continued impact on the markets for the near term as well as over the next several years. Being that Global Finance is based on trust, the Brexit vote basically violated the trust of all who had been relying on Great Britain as the Global Financial Capital.

Even as there is talk of alternative outcomes, the Brexit vote will freeze transactions and will definitely remove London as the Global Financial Capital. While normally the fall of number 1 is good for number 2, New York has such strong ties with London linked with the impending US Presidential election I think there will be a reluctance to rush into New York for Global Financial transactions. Hong Kong (#3) and Singapore (#4) look well positioned to take over much of London’s lost Global Financial business. Also look for less established cities like Dubai and others to assert themselves as Global players in financial services supported by technology and growth in the Pacific Rim.

Knowing that Great Britain is the number one foreign investor in US based companies and real estate, anticipate that some of these British investors will be feeling a cash crunch and need to liquidate their US based holdings just to pay the bills back home. As Active Investors, research US based companies with investors from Great Britain and start evaluating potential acquisition targets. Also identify US based real estate that is owned by British investors which may be attractive investments for you.

Great Britain has served as a conduit for US manufacturers to export into the European Union. As the companies that support this will effectively be shut out, you may want to look to establish your own import-export business into the European Union. Estonia provides virtual residency for companies that want access to the European Union so may be a good business opportunity now that established relationships will be broken with British companies.

Another outcome of the Brexit vote is that the dollar is strengthening as investors flee from the British Pound and Euro. As your US Dollars strengthen over the next 3 to 6 months, you will have opportunities to buy distressed companies, real estate and currencies. This provides you with opportunities to convert your dollars into assets denominated in other currencies which provide a hedge in the event the US dollar reasserts its macro-trend and weakens as it has for much of the 21st century.

Due to the Brexit vote, there will be great opportunities for Active Investors to invest in companies, real estate and currencies over the next several months. What opportunities are you most excited about as an Active Investor?

business value calculator

Business Value Calculator

Launch the Calculator

I am always talking about helping to build more valuable businesses. But to do that, we first need to know how valuable our business is RIGHT NOW. We need to understand where the value in our business is so we can figure out how to tweak our efforts or adjust our business model so we can add the most wealth to our bottom line. I created this simple business value calculator tool. It is 3 steps and should take just a few minutes to complete.

Step 1: Background Information

Step 2: Your Financials – Annual Revenue, Profit, percentages of profit derived from the activities of either a product, service from the owner, service from another person, and profit from an asset.

Step 3: What do you think your company is worth?

Hit submit and it will calculate the value of your business. It’s important to realize that this is just a crude value and an exercise to point out the underlying philosophy behind the Business Godfather.

I also recorded a podcast with Borderline Media Company’s Scott Schafer where I explain how to use the business value calculator and the purpose of this exercise. Click the links below to launch the calculator or listen to the podcast.

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Business Godfather Podcast with Scott Digiammarino

Podcast with Scott Digiammarino

Podcast with Scott Digiammarino

This is the podcast with Scott Digiammarino. Scott is an award winning senior executive with 30+ years in the financial services industry.

He consistently delivered record breaking results at American Express Financial Advisors (now known as Ameriprise Financial). In 2009, he leveraged his success at American Express to start Reel Potential. Reel Potential is the first company in the history of Hollywood to gain legal access to movie clips for business and higher educational purposes.

In this podcast with Scott Digiammarino, we discuss how he came up with his business model and overcame obstacles to build Reel Potential. Reel Potential has been used in large companies as well as small organizations. The goal is to inspire people through movie clips aligned with company goals.

guest-melaniecoburn

Live Podcast with Melanie Coburn

In this podcast, I talk with Melanie Coburn of Cadre. Melanie, while marketing for the Washington Redskins for over a decade, has built a very diverse network of clients, partners and friends, and have focused on building these relationships over time. Along with her husband, Derek, she has built a great networking community called Cadre. Listen to the live podcast with Melanie Coburn to hear our discussion on community-building in today’s social media centric environment.

CK-MC-email

Business Godfather Podcast – Jacob Harryman

Business Godfather Podcast

Jacob Harryman, Ally Homes

In this episode of the Business Godfather Podcast, I sit with Jacob Harryman, an entrepreneur building Ally Homes. Ally Homes helps homeowners alleviate the headache of home improvement by providing a simple, no haggle experience. Jacob comes from the home improvement industry and brings his expertise in the industry to help owners take some of the pain out of home improvement. We talk about starting the business, increasing value, and building a great business model.

 

 

Podcast with Mike Matthews – Lime Lion

[vc_row][vc_column width=”1/1″][vc_column_text]The Business Godfather Podcast will focus on how to shift from an owner operator in your business into an active investor. Instead of your presence being the real value in your business, an active investor is constantly working to replace themselves from their business so they become active investors and not simply employees.

In today’s podcast, I talk with Mike Mathews, CEO of Lime Lion. Lime Lion is a technology company creating a platform to help unknown artists become known. Today we discuss how he got started, the inception of the idea, and the future of Lime Lion.

Enjoy the podcast![/vc_column_text][/vc_column][/vc_row]