Larry Mandelberg is a consultant, speaker and author with “more than 150 years of combined business experience.” A natural problem solver, Larry represents the 5th generation of his family’s business. He started working at a young age where he learned from his father before and after school.
Larry is an effective catalyst for change who has solved intractable problems and achieved new levels of efficiency and success for businesses in multiple industries. A prolific writer, Larry has published more than 80 columns. A sought after speaker, he has delivered more than 60 business-changing keynotes and workshops.
Below, Larry answers a number of questions about his work.
Why do you do what you do?
I want to change the way businesses work in this country. I’ve always been fascinated with why well-conceived, well-funded businesses fail so frequently and the link between the ‘human element’ and the organization as an entity. Businesses have human characteristics, e.g. a lifecycle, just like people, and the two are unalterably linked. That’s my passion; stop the unnecessary failures – failures caused by lack of experience or knowledge.
How does this work align with your personal story?
I was born into a fifth generation family business that began in the mid-1800’s selling hides and furs. Shortly after the Chicago Options Board Exchange (COBE) was formed in 1973 I began managing a six-figure stock portfolio, investing in options and writing bull and bear spreads (options strategies). I’ve owned all or part of 12 different businesses ranging from construction equipment rental to auto parts to branded clothing to franchising to mergers and acquisitions. As the leader, I saw my role as making sure our clients always received value for their investments with us. I’ve never been afraid to tell a prospect when I don’t believe I can help them.
What do you hope to accomplish for yourself, your clients, and the broader community?
For myself, some recognition of my discovery and its efficacy, for my clients, achievement of their personal dreams (vision) and those of their employees. For the community, everybody who wants a job has one that they love and every employer loves their staff which results in ‘help wanted’ ads that are as scarce as vinyl records.
When you’re not working, what else are you doing?
Enjoying wine, food, art, and traveling.
What else should we know about you?
I am a non-recovering serial entrepreneur with a broad and diverse background. Married to my wife for 35 years, we have no children by choice, love dogs. Cats – not so much. I believe every business owner has a moral obligation to support education and I’ve been doing so for most of my adult life. I’m passionate about the business of doing business and thoroughly enjoy sharing the knowledge I’ve been able to accumulate with others.
“Life is a rush into the unknown. You can duck down and hope nothing hits you; or stand as tall as you can, show it your teeth and say: ‘Dish it up, baby, and don’t be stingy with the jalapenos’.” – Grey Owl, native American Indian
Now that you know more about Larry’s background and goals, read about his unique program for turning businesses around, “The Business Suicide Prevention Program.”