Member Since February 2020
Brit is a technology advisor to clients in the private equity industry, such as Corsair Capital. He assists in technology related diligence for investment opportunities and strategic technology initiatives within sponsor-owned companies.
In the wake of COVID-19, many businesses have had to significantly modify or even temporarily shut down their daily operations. In tough times such as these, finding new revenue streams can be a great way to make up the lost income and keep the company afloat. The members of Young Entrepreneur Council understand the struggle of running a business during difficult times, as well as how to navigate that challenge successfully. Below, they share 10 creative ways to diversify your company’s cash flow.
Recent events have made it so that managers and owners are learning how to conduct business in new and innovative ways. Managing a company in a crisis goes beyond logistical decisions. It reaches into trying to predict outcomes based on incomplete information. This precognition might seem like an exercise in futility, but there are still constants in the chaos. Certain things always follow the same rules, and it's by focusing on these unchangeable points that managers and owners can gain perspective on how to navigate any crisis. These eight members of Young Entrepreneur Council share their advice on what any business leader should know to manage a company in a crisis successfully and explain why these tips are so important.
Corsair is a private equity firm that seeks to invest in businesses that operate within or service the financial services industry and where Corsair believes that it can make material contributions to their value enhancement. Corsair targets companies with proven business models and strong customer propositions that can create shareholder value by exploiting industry trends and operating more efficiently than their peers. Corsair was founded in 1992 within J.P. Morgan Chase & Co. (“J.P. Morgan”) in the aftermath of the U.S. Savings & Loan and banking crises. The team then spun out of J.P. Morgan as an independent firm in 2006. Corsair acquires majority and minority positions in companies with the intent to implement its pre-identified value creation plans by developing a high degree of influence over investee companies and by leveraging its investment team’s knowledge and contacts. Corsair targets all major segments of the financial services industry and looks to invest in both fee-based and capital-intensive businesses. Our core investment geographies are North America and Europe.