Scott Dylan has a clear vision for achieving his business goals. He usually manages to identify a market need for a product that he believes can generate significant profit. The Fresh Thinking Group leader then goes ahead and does research about it. If his research proves he is right about his estimation of the market need, then he starts his investment in the technology that will help him make his idea a reality.
When he builds up a business plan to start the project, he starts to look for money. The Fresh Thinking Group founder has always looked for entrepreneurs who can provide him with the right level of capital. His philosophy is to invest in the future. He focuses on the outlook, and what direction the company is moving. He finds that troubled businesses are often located in fundamentally sound companies. He uses his expertise and acumen in his pursuit of his target companies.
In his pursuit of a distressed business Scott Dylan acquires a company name and all the underlying business it owns. Once he acquires a distressed business, he is able to execute his plan. By buying the business outright and holding its assets, the managing partner of Fresh Thinking Group is able to steer the company back on track to profitability, stability, and sustainability. Scott Dylan’s unique methods include:
- Governance and decision-making, business structure, and negotiating skills.
- Human interactions, recruitment, and mentoring.
- Value engineering and stripping of unnecessary costs.
- Finance, fundraising, and new product launches.
Scott Dylan (Fresh Thinking Group) advises future entrepreneurs to try different things to find what they are good at. He says that some entrepreneurs start off with a degree and graduate into their work, but some entrepreneurs start off with their basic skills and get self-taught. A small company may have a hard time growing without people, while a bigger company has people-power and without potential, you will not really go anywhere.
However, you can have both. Working with a team can be extremely beneficial in terms of growth, even more than working with a small team. A distressed entrepreneur needs patience and time to develop their business to become a professional and master the basics.