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Holding Company
Date Added
Jun 24, 2023 3:38 PM
Last edited time
Dec 28, 2023 6:57 PM
We want to do ‘Good Work’ and help create more of it. We believe that ‘Good Work’ paired with a disciplined approach and long-term thinking leads to outsized returns on investment.
Good Work happens at the intersection of three wins: Team Members, The Business, The Owners
Team Members Win
- Highest and best use of their talents
- Working with ‘good people’
- Compensation is aligned with the value they create (earnings, benefits, path to ownership)
- Their work positively impacts (directly or indirectly) their families/community
Owners Win
- Highest and Best Use of Their Talents
- ROI
- Purpose: Impact people + community through good work
Businesses Win
- Creates value for Customers
- Benefits their community (through access to good work, services, taxes, giving-back, etc)
The Triple Win idea is simple, but not easy.
How
A holding company (think Berkshire Hathaway) with a focus on doing well, through ‘Good Work’.
- Main Focus: Helping entrepreneurs or family-owned businesses transition ownership and grow into the future.
- Improve outcomes (efficiencies or EBITDA) through process + playbooks
- Improve margin + reduce redundancy through technology and shared services
Strategy
- We fully buy, or invest in, companies using a ‘value investing’ strategy
- Good work (incentives are aligned, working styles are respected, and the right person in the right role)
- Small teams of smart people (Dunbar's #)
- Forcing function for delegation to external parties, automation and financial rigor)
Values
Highest-and-best use of Talent
Finding an individual’s highest and best use at work… focusing on that, and delegating, automating, or stopping the other activities that drag them down
Do Good, Not Harm
All investments must either add to the net good or reduce harm. Our commitment to this mission will create an above-market return, over time, by attracting the best talent, access to investment opportunities, and the ability to win deals through values-based alignment.
Improve: | Reduce: |
• Employment opportunities | • Poverty |
◦ Financial stability + wealth | • Pollution |
• Health | • Pain + suffering |
• Human connectedness + belonging | • Harm |
◦ Peace between people | • Violence |
• Harmony with the natural world |
Good people
Work with people you enjoy