Join us this week on the MBV podcast and meet 17% club member Mitch Felderhoff, a 4th generation owner and President of Muenster Milling Co, Inc. - a pet food company that specializes in extrusion of dry pet foods, horse feeds, llama feeds, and floating fish foods. Mitch, unlike many of our other guests, took part in a sale within his family! Tune in for some special insight into the process of transferring ownership to your kids or other family members!
Mitch Felderhoff joined his family business in May of 2007 after graduating from the University of North Texas. Mitch has been in charge of Sales and Marketing since 2008 after being named Vice President. Over the past several years, Mitch and Muenster Milling have focused on gradually expanding their territory, as well as venturing into the export business. Mitch's LinkedIn brightly greets viewers with the words, "I don't just make dog food, I eat it too!" In January 2015, Mitch was named President of Muenster Milling Co.
Tom Bronson is the founder and President of Mastery Partners, a company dedicated to helping business owners maximize business value, design exit strategy, and transition their business on their terms. Mastery Partners utilizes proven techniques and strategies, developed throughout Tom’s career of over 100 business transactions as either a business buyer or seller, to dramatically improve business value. As a business owner himself, Tom has been in your situation countless times, and he knows what it takes to craft the right strategy. Tom is passionate about helping business owners and has the experience to do it. Want to chat more or think Tom might be able to help you? Reach out at tom@masterypartners.com or check out his book, Maximize Business Value, Begin with The Exit in Mind (2020).
Mastery Partners, where our mission is to equip business owners to Maximize Business Value so they can transition their business on their terms. Our mission was born from the lessons we’ve learned from over 100 business transactions, which fuels our desire to share our experiences and wisdom so you can succeed.
Mastery Partners
Elevating Businesses to Achieve The Business Owner’s Dream Exit
The unfortunate reality is that for every business that comes on the market (for whatever reason), only 17% of them achieve a successful exit. You read that right. 83% of attempted business transitions never reach the closing table. Mastery Partners is on a mission to change that. We ELEVATE businesses to achieve maximum value and reach that dream exit.
Our objectives are simple - understand where the business is today, identify opportunities for dramatic improvement, and offer solutions to enhance the business, making it more marketable and valuable. And that all starts with understanding the business owner’s definition of his or her dream exit.
Mastery has developed a 4-Step Process to help business owners achieve their dreams.
STEP 1: Transition Readiness Assessment
STEP 2: Roadmap for Value Acceleration
STEP 3: Relentless Execution
STEP 4: Decision: Now that desired results are achieved, the business is ready for the next step in the journey!
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