Business Unchained
Calling all small business warriors who feel chained to their business! Do you run your business or does your business run you? You've poured your blood, sweat and tears into it and it is time to set yourself free. I'm Bobby Mascia – owner of a wealth management firm, family office, manufacturing business, 18 store Dunkin Franchise, and de facto business coach. My goal? To liberate your business— whether it be operationally, prep for a sale, a legacy handover, or self-management. The roadmap to this freedom is something we will uncover together in Business Unchained." Join me as I learn about fellow entrepreneurs, dissecting their past, present, and future.
Business Unchained
Life After Selling: Adam Blecker’s Reflections (S1:E10)
About Adam Blecker
Adam Blecker is a mission-focused home care advocate and transformational leader. Inspired by losing his mom to heart disease, he joined his father’s senior companion service in 2009. Over 13 years, Adam co-founded and grew Seniors In Place into a top 5% Private Duty Home Care agency in New Jersey. He built a world-class team, scaled operations, and maintained an ‘Accredited with Distinction’ status. Transitioning the business into a high-growth company, he led it through the pandemic and a successful exit to North America's largest in-home care provider. Adam was Board President of the Home Health Services Association of New Jersey and has been an elder care activist, influencing legislation and industry standards.
Reference Links:
- Green Ridge Wealth Planning
- BobbyMascia.com
- Instagram - Bobby Mascia
- Instagram - Business Unchained
- Solutions in Place
- Vistage
Adam Blecker's Social Media
Seniors In Place, LLC Social Media
Episode Highlights:
Join us on "Business Unchained" as we sit down with Adam Blecker, former CEO and owner of Seniors in Place, to discuss the intricacies of running a family business and planning for a successful exit.
(05:30) “'Losing my mom at 50 taught me that life is short and precious. There are no guarantees"-Adam Blecker
(13:28) “You have to hire for culture, fire for culture, and you have to make the really hard decisions that you need to make around the culture that you mean.” -Adam Blecker
During our sit-down, Adam shares his journey from tech startups to joining his family business, driven by a mission-based career after losing his mother. We discuss the challenges of running a family business, emphasizing clear communication, defined roles, and succession planning. Adam highlights the importance of mentors, core values, and planning for unexpected events. He also reflects on the emotional impact of selling his business and the need for entrepreneurs to plan their next steps post-exit. This conversation is a treasure trove of insights for business owners, particularly those involved in family enterprises.
(15:36) “Family business comes with enormous rewards, but also with enormous challenges and just being eyes wide open to that. " -Adam Blecker
In this episode:
- (01:53) Introduction of Adam Blecker
- (05:05) Adam's journey from tech startups to family business
- (06:17) Early career and personal loss
- (08:13) Comprehensive approach taken when assuming the role of CEO
- (09:13) Mentorship and guidance
- (13:55) Key lessons for business owners
- (15:21) Difficult conversations in the family business
- (20:37) Preparing for a successful exit
- (22:38) The mindset of treating the business as an asset
- (24:21) Attracting exceptional people
- (24:50) Maintaining core values during challenges
- (27:30) The process of selling the business
- (34:39) Reflecting on the next chapter of life
- (35:06) Balancing personal and professional life after the exit
- (38:20) Defining ideal life
- (40:30) Adam’s mission of li