Exiting a Business in the Wake of Self-Discovery
Martin Watts is the former Founder and CEO of Ozark River Manufacturing Co., which manufactures code-compliant, portable handwashing sinks. As a seasoned entrepreneur, he has experience in advertising, engineering, and creative solutions for the early education sector. Martin redefines corporate social responsibility through practical solutions management. He has been a member of EO since 2017.
Here's a Glimpse of What You'll Learn
- Martin Watts talks about Ozark River Manufacturing Co. and his impetus to sell the business
- How the pandemic initiated a demand for Ozark River’s products and accelerated its growth
- Martin’s epiphany to evolve his listening skills
- Developing a thriving culture that empowers teams to make individual decisions
- Martin shares his mental process for exiting Ozark River
- The benefits of leveraging EO forums to facilitate the exit process
- How entrepreneurs can discover themselves in others’ vulnerabilities — and Martin’s future endeavors for self-discovery
In This Episode
Most entrepreneurs are innovators aiming to make a meaningful impact with their endeavors. But this drive can cause feelings of discontentment, leading entrepreneurs to prepare for a business sale. How can you navigate the mental, emotional, and strategic aspects of exiting your company?
After hiring a business coach who advised him to change himself for the company, Martin Watts realized his endeavors no longer served him. Consequently, he decided to sell his business and begin a journey of self-discovery. Throughout the exit process, Martin recognized that you have to build a culture that empowers your team to function without you. Attending EO forums also allows you to recognize your vulnerabilities in others to determine an optimal path forward.
Join Robert Hartline and Eric Jackson in this episode of The Decision as they chat with Martin Watts, the former Founder and CEO of Ozark River Manufacturing Co., about how he sold his business to redefine himself. Martin talks about how the pandemic accelerated his company’s growth, his mental process for exiting Ozark River, and how entrepreneurs can leverage their forums for self-discovery.
Resources Mentioned in This Episode
Entrepreneurs’ Organization (EO)
Good Leaders Ask Great Questions: Your Foundation for Successful Leadership by John C. Maxwell
“Restoring Hope in the Face of Disaster” with Dave Puncochar on The Decision
This episode is brought to you by EO Nashville.
The Entrepreneurs’ Organization (EO) is a high-quality support network of nearly 15,000 like-minded leaders from over 60 countries.
EO helps transform entrepreneurs’ lives through life-enhancing connections, shared experiences, and collaborative learning.
EO Nashville is the largest EO chapter in the US, third in the world, and has the most female members of any US chapter.
To learn more about how EO Nashville can benefit you, visit eonashville.com.