Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Brad Jacobs

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
1196 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

It just is identical in every way.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

I shouldn't say in every way because every branch, every location, every district, every region does have its own flavor.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

It has its own personality because you have cultural differences in different parts of the country or in different countries.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

But the general blood and guts of the business is the same.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And for me, that's the goal.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

The goal is to get to the point where you have fully integrated this business on every level into the rest of the company and it's part of the family.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

Listening and demonstrating sincere respectfulness.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

So this is probably my most important learning in integration is not to come into an acquisition thinking I know it all and getting up there on stage and telling everyone, okay, and giving them a long speech of here's what we're going to do.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

No, what I want to do is I want to come in with a very open, receptive mind to say, look, we've just paid millions and millions, in some cases, billions of dollars for this business.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

Obviously, we think it's valuable.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And these are the people who are going to make this company work.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And I look at those people as an extremely valuable source of information about the company that we just spent all that money to buy.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And I often find, and I write about this in the book, that I often find that employees at all levels, whether they're frontline, middle management, senior management, have never been asked, what's your best idea to improve the company?

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

Tell me everything that you would do if you had my job.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

And when you ask them that, and then shut up and just listen carefully to what they're saying, write it down.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

It's an amazing experience.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

Sometimes you ask those questions and then

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

For 45 minutes, all the people you're interviewing just are piling on and interrupting each other because it's just such an exciting experience to say how they could improve the business.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

It's unleashing these perspectives, this knowledge, this information about the business that you don't get otherwise.

Invest Like the Best with Patrick O'Shaughnessy
Brad Jacobs - Think Big and Move Fast - [Invest Like the Best, CLASSICS]

I find a lot of companies, many companies, in fact, the majority of companies, they have this...