Concentration isn't only one big client. It can be an industry or a geography.
Ten customers in one market can still be one risk.
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A big customer can make this year's numbers look better while making the business more vulnerable.
A buyer's question: what happens if that one source weakens?
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Owners spend years working to grow their earnings, which makes sense. What gets less attention is how a buyer will value those earnings, and that's often where the bigger gap sits. That question is what Hidden Multiples is about.
Grateful to Cole Capriotti for the research behind it.
Grab a copy: amazon.com/Hidden-Multiples-…
Before the workshop, J.R. Covey will talk with each applicant on a short qualification call. Book yours: bookings.oneaccord.co/473219…
Writing a book about the value inside a business forces you to admit how much of it is hard to see from where the owner sits. That’s the idea behind Hidden Multiples, and launching it in a room full of the people who shaped it felt right.
The ideas behind this book were shaped by years of conversations with business owners and leadership teams, including many of the people who joined us at the Bellevue Club that night. Founders who built something real and then learned a buyer saw it differently. Leadership teams who realized the business leaned too heavily on one person. I didn’t invent those lessons. I watched people work through them.
Thank you for being part of that and for celebrating with us. If you’ve started reading, I’d like to hear what lands for you and what doesn’t.
I'm not giving a talk at Sagecliffe. I'm building with 30 owners and CEOs, laptops open, on their own processes. Nov 9-10. oneaccord.co/ai-workshop
My advice for the weeks before the workshop: pick one process you want gone from your week. Bring it on your laptop. We will build on it. Nov 9-10, limited to 30 people. oneaccord.co/ai-workshop
Who do you trust to run what we build at the workshop? Bring them. Plus-one is $1,750, capped. Nov 9-10, Sagecliffe, limited to 30 people. oneaccord.co/ai-workshop








