This week on the Alternative Investing Advantage podcast, host Alex Perny welcomes Patrick Esposito of Initiative Labs for a discussion on effective strategies for business owners. Patrick is the Founder of Initiative Labs and has spent his career in the alternative investment space, focusing on helping organizations build infrastructure to support growth.
During this episode, Patrick shares effective strategies for business owners. He covers the role of communication in the business environment. Highlighting three types of communications: governance, management, and frontline information. Patrick also shares the benefits of having a strong board of directors and diverse team members. Additionally, Patrick explains the importance of an effective workflow and organization that can run for a long time. This can help businesses market their products and services effectively.
Learn more about strategies for business owners.
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About Our Guest Patrick Esposito
Patrick Esposito is an entrepreneur, business executive, attorney, advisor, and board member (and most importantly, a father and husband). He has helped to found, lead, and advise small and medium-sized businesses in technology, consulting, retail, banking, real estate, and other sectors, as well as U.S. government organizations, for more than two decades. During his career, Esposito has advised start-up executive teams, family business owners, large publicly traded company executive teams, and leaders in the U.S. Department of Defense.
In addition to leading Initiative Labs LLC, Esposito also serves as president of ACME General Corp., a leading public-sector innovation advisory business based in New York, Austin, and Morgantown. He also serves as counsel with Spilman Thomas & Battle, a Mid-Atlantic regional law firm.
About Our Host Alex Perny, CISP
Alex Perny is a business development specialist and host of Advanta IRA’s podcast, the Alternative Investment Advantage. He is a self-described policy geek who loves learning the rules and technical aspects of SDIRAs, employer plans, and IRS regulations.
For more than a decade, Alex has helped thousands invest in alternative assets. These include precious metals, real estate, private stock, notes, and countless others. Additionally, he has spoken to investors across the country about using retirement plans to invest outside the stock market. Alex also believes so strongly in self-direction that he invests his own IRA and HSA in real estate and private equity.