Provided business and financial leadership for four start-ups.Each
startup faced multiple significant challenges. Two of
four have varying levels of success. The
other two startups failed (although these experiences taught
Mel a lot about what to do and, more importantly, what not to do).
As CEO, led two successful team-based turnarounds, each having
less than $5M in revenue.Increased
profits from significant negative cash flow to $1M EBITDA in one
instance, and breakeven plus in another.In
both cases, the management teams and core supporting staff bonded
and dramatically increased their effectiveness operating as a team
as they passed through challenging times.
Recruited and hired three successful CEO’s to lead (and
in one case, subsequently acquired with other senior management)
each company to a significantly higher level of success