On November 18th, The Center for Free Enterprise hosted it’s eighth straight sold-out event at the Cleveland Racquet Club.
Inside the Investor’s Mind:
Eric Bacon, Co-President and Senior Managing Director of Linsalata Capital Partners, shared his approach towards today’s markets, his personal investing experience, and career path. He started his career in the automotive industry and got involved in private equity, leading to his position today. Audience members asked great questions including what mistakes has he made, what lessons has he learned from those mistakes, and what are his views of the industry today.
Eric said that he believes, “We’re on the forefront of capitalism, and that’s competition.” Eric shared his greatest success with the audience and explained that he achieved it by making sure he had the right team working together. Overall, it was an excellent turnout, with a very engaged audience that received practical knowledge to use with their own investments.
Here are some key takeaways from Eric Bacon:
- Don’t make leadership changes too late
- Can get caught in mistakes if you believe in investment bankers too much
- Need to understand what a CEO wants
- Make sure you have the right management team
- Meet operating managers to see how suitable they are for venture
David Brown of Red Hawk Associates moderated the November 18 program. The Center for Free Enterprise sends a special thanks to Greg Keegan and Ken Greaney of Key Private Bank for continuing to support our programs.
The next program will be on Friday, January 20th also at the Cleveland Racquet Club. We will send the RSVP link out soon. Until then, Happy Holidays from the Center For Free Enterprise!
There are two pains in life. There is the pain of discipline and the pain of disappointment. If you can handle the pain of discipline, then you’ll never have to deal with the pain of disappointment. ~ Nick Saban, College Football Coach