Tag: Business

Jeremy Harbour Give Tips on How to Keep Your Ego In Check As An Entrepreneur

The energy, confidence and the lack of fear is what makes the entrepreneurs move forward and create their momentum for success. The biggest enemy of an entrepreneur is primarily their ego. In essence, ego is a crucial factor to an entrepreneur’s initial success but, sometimes, it becomes a hindrance.

Jeremy Harbour

Jeremy Harbour, a leading entrepreneur who has gained impeccable reputation due to his extensive knowledge and expertise in the Mergers & Acquisitions gives some of the tips on how to keep your ego in check:

1. Know when to lead and when to follow:
It can be quite challenging to collaborate with people who don’t have young entrepreneur’s mindset. By looking with a 360-degree perspective may help in improving communication and boost the morale of employees. If someone has an idea, be quiet and listen to it with 100 percent attention.

2. Know the difference between healthy and destructive ego:
There’s a fine line between being a confident business person and just simply being an egotistic narcissist. Be proud of your certain accomplishments, but at the same time, you should be humble about them.

3. Stay grounded:
As an entrepreneur, we are constantly dreaming of the future and how we can achieve our goals in the most efficient way possible. Always remember, where you came from and do activities that reconnect you to your roots.

Jeremy Harbour is also an author of a book Go Do! which can be purchased from Amazon.com.

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Top Business Secrets Shared By Jeremy Harbour

Jeremy Harbour is a successful entrepreneur well-known for his expertise in the Mergers & Acquisitions. Born and raised in the UK, he touched the heights of success with his hard work and dedication. At the age of 14, he started running a market stall in school on the weekends. At that time he used to sell watches and trinkets, which turned out to be his first experience in trading. Harbour quit school at the age of 15 and has never looked back.

Jeremy HarbourNow, Jeremy Harbour is a leading expert in the field of M&A in Europe, Asia and the United States. He is the author of Go Do!, which helped many young entrepreneurs in achieving their dreams. At present, Harbour helps entrepreneurs with real tactics for buying, fixing, and selling businesses. After many years of mergers & acquisitions in sales and marketing, here are the lessons Harbour has learned:
1. The importance of buying a business to grow a business.
2. Everyone says “first start a business, then work really hard at it.” You don’t make money running businesses. Your best customer will buy it from you. So, build it to sell.
3. Buy businesses for nothing and then sell them.
4. Being a business owner you need to be strategic and start having higher-level conversations.
In his 20-year career, Jeremy Harbour has started many businesses and has grown an organization to 130 employees with £10m in revenues. Owing to his skills and expertise, he has been invited to Buckingham Palace and The British Houses of Parliament to advise on matters of business and enterprise.

Jeremy Harbour’s The Marketing Group Now Listed On NASDAQ

Jeremy Harbour’s unique market proposition – the ‘agglomeration model’ – proves an outstanding success on NASDAQ First North, Stockholm with the listing of The Marketing Group PLC (TMG).

TMG listed on the 8th of June 2016 and quickly became the most successful IPO to list on the exchange in 2016. The stock was oversubscribed by 314%, with 333,000 shares traded on day one, and has since tripled in value. All, in less than a month.

What is the agglomeration model?

In short, an agglomeration involves several smaller companies coming together to collaboratively IPO in the form a much larger company while allowing the individual owners to maintain 100% control of their business. This results in a consolidated group with a greater diversity of products and specialisms.

Why TMG chose Marketing for Agglomeration?

Market control essentially sits in the hands of five big, multi-billion dollar market cap organisations. But, there are literally tens of thousands of smaller companies who work off subcontracts from the big five.

Jeremy Harbour noticed that a lot of the really valuable talent exists in these smaller companies, but their size often means they are unable to directly access capital and the bigger client contracts.

Consolidation through Diversification

Instead of trying to create a business that has one real specialism, the agglomeration model focuses on companies who bring diversified but complementary expertise and experience to the table across multiple markets. This reduces risk and drives shareholder value.

Who makes up TMG?

Today, The Marketing Group PLC is made up of 6 specialist agencies in 9 offices serving a global market. With a presence and client portfolio across the USA, Europe, Asia, and Australia, The Marketing Group PLC is strategically positioned as a global leader boasting a pool of top talent from every corner of the globe.

What’s in store for the future of TMG

As of June 27th 2016, the shareholders of TMG have given the Board the mandate to make strategic and tactical acquisitions within the group

For more about the agglomeration model and The Unity Group, please visit www.unity-group.com.

Jeremy Harbour Tells Us How to Build a $10M Business in 10 Weeks (With No Capital)

In this post, Jeremy Harbour breaks down a brilliant tried-and-tested strategy to building a large business in a few short weeks and then selling it – he calls it “the virtual merger”.

Here’s how:

  1. Create an SPV (special purpose vehicle): this is a company which you will use as a holding company.
  2. Source similar targets: get a group of exit-minded companies in one industry together, either from your own network, or perhaps start with one and ask them to rally together their competitors.
  3. Structure a deal: you get these companies to agree to a deal where they all get together for the purpose of a sale. You sign Sale and Purchase agreements, saying as long as we achieve $x price within Y time frame, we sell.
  4. Claim your stake: you take a stake in the holding company for putting the deal together. 15-20% is quite achievable as long as you are taking care of the accounting consolidation and legalities, as well as finding the buyer.
  5. Do the sums: next, you produce consolidated accounts. This is simply a profit and loss and balance sheet for the holding company that combines those of all the subsidiaries.
  6. Set up borrowing to attract a buyer: I never advise borrowing money to buy businesses, especially leveraging the company you are buying. However, I totally advocate it when you sell, so the buyer can easily borrow the money to buy the group from you.
  7. Prepare to sell: now you just need to present the group as a coherent joint proposition, with an information memorandum and group website and start presenting it to potential buyers.

Yes, a virtual merger really is that simple. Follow Jeremy Harbour’s advice and make millions quickly, painlessly and virtually risk-free.

Jeremy Harbour Wants You To Own A Business, Not Run It

Building a business from scratch and growing it organically is painful – we all start businesses because we want time and money, and then your business takes away all your time and money. But I know a short cut to business success: buy existing businesses for no money down and then sell them for profit.

I am not going to be bold enough to say it’s a piece of cake, but here’s a quick overview of some of the key things to consider when buying a business for nothing:

  • Find your target: Learn how to find motivated sellers before they are really in distress. The key to this is getting yourself out there and listening for opportunities at every turn. Avoid accountants or insolvency practitioners and find the owners looking to make a change.
  • Sell yourself: Initiate the meeting and discussion with honesty, charm and strategic rouse. Find out the potential seller’s real pain points and align your capabilities or potential deal accordingly. Be bold, creative and likable.
  • Protect yourself: You really can do this without legal or accountancy fees, or due diligence costs. Use simple contract law to draft plain English.
  • Structure a win-win deal: This is truly where the entrepreneurial spirit should kick in. Tear up the standard business book templates and come up with a creative, compelling deal that gets you the business at no risk, and gives the seller the solution they didn’t know existed.

In summary, turn your focus to M&A, JVs and exit strategies, and reap the rewards you deserve. I, Jeremy Harbour, promise you that it’s a lot more fun than working for a living!