In this episode, we have Malcolm Peace the President of Tsetserra Growth Partners - a company which purchases small businesses within Texas to build on to their success.
Malcolm discusses his entrepreneurial lineage and what inspired his unique business model. He mentions the importance of understanding, preserving, and enhancing existing businesses while maintaining their legacy.
His approach is to purchase businesses, especially family-owned ones, and develop them by implementing software and standard operating procedures, thus facilitating their growth into the next phase.
Malcolm is proud of his ability to break down the complexity for others, making the larger vision achievable. Emphasizing the need for knowing what tasks to outsource, Malcolm gives advice about prioritizing work and describes the concept of the '$10 task'.
To conclude, Malcolm defines a CEO as one who creates a culture that brings everyone along with them and one who respects their designation enough to cultivate others into future leaders.
Website: tsetserra.com
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