Ten Advisory Board Gifts of Wisdom — Part 4
1. Wisdom #1
My Reinvention Success Strategies are based on the following principles:
· Being Competent & Ready
· Remaining Opportunistically Aware
· Recognizing Luck: being at the Right Time & Place
2. Wisdom #2
My Reinvention Success Tactics are based on the following execution principles:
· Using Other People’s Money
· Identifying Noncustomers
· Utilizing The Push & The Pull Strategies
· Accepting Hands-On Operating Advice
· Valuing Business Model Innovation AND Technology Innovation — Equally
3. Wisdom #3
“Successful Companies Need Both: Inspiring CEOs & Competent ADVISERS. It’s not the biggest, but the most curious & the most open- minded entity that survives” — Oleg Feldgajer
4. Wisdom #4
BusinessAI™- A Match Made in Heaven:
Supreme Business Savvy + Veteran’s AI Expertise = Unmatched Growth & Results
5. Wisdom #5
What kind of CEOs & BODs a good advisor can help? See the attached table…
6. Wisdom #6
“Planning on using AI? Remember: DEEP LEARNING means learn from EXPERIENCE. Utilize know-how of others and WIN” — Oleg Feldgajer
7. Wisdom #7
My Plato-Inspired Wisdom: “The wise give advice & have something to say. The wannabes say what the wise once proclaimed” — Oleg Feldgajer
8. Wisdom #8
“Investors Beware: the best way to prevent a failure, is to mandate competent Advisory Boards” — Oleg Feldgajer
9. Wisdom #9
“Success occurs when entities are READY to act and are keenly OPPORTUNISTIC. In addition, such entities must also be LUCKY to be at the right time and at the right place — to take advantage of the opportunity at hand” — Oleg Feldgajer
10. Wisdom #10
“Ask not what your customers can do for your business; Ask how your business can solve your CUSTOMERS’ problems” — Oleg Feldgajer
For More Information…
For more information, please see my posts on LinkedIn, Twitter, Medium, and CGE’s website.
AI Boogeyman
You can also find additional info in my book on amazon: “AI Boogeyman — Dispelling Fake News About Job Losses”, and on our YouTube Studio channel… Thank you.
I am in the business of joining Advisory Boards and BODs & offer hands-on AI investment advice to Venture Capital & Private Equity portfolio companies. Hence, I am in the business of joining Advisory Boards (ABs). And in many cases, I deliver results in 90 days by structuring JVs to bring untapped revenue streams — just as I did w/ Verizon 20-yrs ago…
A good Advisory Board improves the decision-making process by helping the CEOs to consider different perspectives. More importantly, there is not a single top athlete who does not have a coach. And yet, only 20% of CEOs are coached by Advisors. The other 80% — may never become the top performers they could have been. Thus, my advice to CEOs: “Amateurs don’t use coaches, professionals do… and so should you”.
I used advanced BusinessAI™ strategies in Renewable Energy for 12 yrs. Now, I help VC/CVC/PE funds to maximize their returns in Healthcare, Fintech, Transportation, Construction & Manufacturing, too. And I apply the same structured finance expertise I acquired through financing over $1B of Renewable Energy projects.
As a 30-yr BusinessAI™ veteran, I Propose, Design, Structure, Finance, and Deploy state-of-the-art Joint Ventures to bring RAPID & SUSTAINABLE REVENUES. And as a coach & mentor, I bring business savvy to separate the wheat from the chaff — through a unique process to beat the odds. Such pattern recognition abilities allow me to see what is still missing & how to maximize business offerings & profitability…
What I learned over the years is that it is not just technology innovation, but also the exponential increase in the value offered to clients at a much lower cost — that makes all the difference. Business Model Innovation is as disruptive as Technology Innovation and yet I see too many companies focused on pushing their product out the door — while losing ~70% of untapped revenue streams.
My LeanBOD™ recommendation? Mandate CEO Advisory Boards and create a pool of viable Co-CEOs to be chosen by the BODs. Co-CEOs offer the fastest way to accelerate Scale-Up & Expansion, Revenue Growth, Margin Enhancement & Opening New Channels.
SELECT ACCOMPLISHMENTS: Using AI in CT medical diagnostic, financial fraud detection, solar PV, wind, WTE, energy efficiency, etc. Finance skills: equity, non-recourse debt, balance sheet financing, and tax equity. I also took a tiny startup public, building a $135MM enterprise & received funding from NRC & DND. Academic R&D collaborations included: UW, UofG, UofT, and MCC Consortium in Texas.
