F113: Navigating Explosive Growth: Insights from a Fifth-Generation Leader

In our industry, rapid growth poses significant challenges to scaling effectively. “Growing too fast” is a fear – it kept family business Nix Metals in Poseyville, Indiana a modest mom & pop operation for 100 years. As the fifth-generation leader, the presenter and his team have since realized 100X revenue growth. In just twenty years, Nix has grown from four family members to a regional company with over 150 team members. This engaging session will share invaluable strategies for overcoming obstacles associated with rapid expansion. Attendees will gain practical insights into addressing key growth challenges, including expanding market reach, financial liquidity, cash flow, acquiring and managing property and assets, and building and retaining a skilled workforce. Discover how to attract and retain passionate team members and learn the importance of cultivating a strong organizational culture to accelerate your scaling efforts significantly.