Jim Norrod, Executive Chairman of Liquid Pistol and former CEO of BigBelly Solar, addressed the Smaller Business Association of New England at the group’s monthly meeting on January 15, 2013. He presents a 3 part strategy which he has used to perform turnarounds resulting in liquidity events totaling over $1 billion to investors.
It takes a cooperative Board, a committed management team, and the correct plan. Jim’s theme in these difficult assignments: Winners focus, losers spray.
Nice job Woot. On getting acquired and making the best press release. This is the way to not take yourself too seriously and let your customers know – you are going to be the same company, even after you get bought by the man.
Kind of funny though how time flies. When did amazon become the man? Zappos and Woot in the same house – that’s kind a awesome.