Open for Business

Stuart Brown and Norman Kallen

Running a business means navigating change, making difficult decisions and constantly looking ahead. Whether you are growing your company, preparing for a transition or planning your next chapter, Open for Business examines the business and personal issues that come with ownership. Hosted by Stuart Brown and Norman Kallen (business advisors who happen to be attorneys), the podcast features discussions with entrepreneurs, executives, authors and advisors on leadership, company culture, succession planning, private equity, wealth management and more.

  1. Aug 14

    Wealth Strategist And Author Ken Himmler Uncovers Business Owner Blind Spots

    Ken Himmler joins Stuart Brown and Norman Kallen for a compelling conversation about the blind spots that often prevent business owners from building lasting wealth through their companies. Drawing on decades of experience advising entrepreneurs through growth, succession and liquidity events, Ken explains why success requires more than intelligence or hard work -- it demands the right advisors, the right strategy and the right mindset at every stage of the business lifecycle. Ken shares why growing companies must continually elevate the sophistication of their advisory teams, moving from “Little League to the Big Leagues” as the stakes grow higher. He explores how a cohesive team of cross-disciplinary advisors can help owners expand intelligently, strengthen cash flow, prepare for a successful exit, and align business decisions with long-term personal goals. The episode also examines the personality traits common among the most successful business owners, why emotional intelligence often matters more than traditional credentials, and how overconfidence can quietly limit exponential growth. Stuart, Norman, and Ken discuss why net worth without healthy cash flow can create a false sense of security, why succession planning should begin far earlier than most owners realize, and why the next generation of leadership is not always found within the family. Packed with practical insight and real-world perspective, this episode is an essential listen for business owners seeking to build not only greater wealth, but a more meaningful and sustainable life. Love the show? Subscribe, rate, review, & share! https://www.stevenslee.com/

    Wealth Strategist And Author Ken Himmler Uncovers Business Owner Blind Spots
  2. Apr 24

    Trust Risks the Bottom Line: How Business Owners Can Prevent And Mitigate Fraud With Steve Nicokiris

    Fraud isn’t just a big company problem -- it’s often more damaging, more frequent, and harder to detect in small and mid-size businesses. In this episode of Open For Business, featuring our guest, accountant and advisor to mid-sized businesses Steve Nicokiris, we unpack the hidden realities of fraud that many business owners overlook. From employee theft and manipulation of financial records to vendor collusion and cultural blind spots, fraud typically operates quietly, often in high trust cultures -- with devastating financial and emotional consequences for the business owner. Drawing on real-world insights, we explore: Why fraud is often called the “silent killer” of mid-sized companiesHow smaller enterprises are disproportionately targeted -- and whyThe critical role of internal controls (and what happens when they’re missing)Why trusted, long-tenured employees can pose unexpected riskHow workplace culture and leadership style influence fraud exposureThe surprising ways fraud is discovered -- and why it often isn’tPractical, actionable steps business owners can take to reduce immediate risk We also discuss how remote work, lack of owner oversight, and operational gaps have accelerated fraud risks in recent years -- and why many cases never reach law enforcement. Whether you’re a founder, managing partner, or financial leader, this episode offers a clear-eyed look at one of the most under-discussed threats to business stability -- and how to protect what you’ve built. Love the show? Subscribe, rate, review, & share! https://www.stevenslee.com/

    Trust Risks the Bottom Line: How Business Owners Can Prevent And Mitigate Fraud With Steve Nicokiris
  3. Apr 7

    Building A Company Culture That Drives Success With Brent Beene

    What truly sets high-performing companies apart? According to Corient Private Wealth Partner Brent Beene, the answer lies in an intentional, well-defined corporate culture.   In this episode of Open For Business, Brent joins hosts Stuart Brown and Norman Kallen to unpack how leaders can build and sustain a culture that fuels engagement, resilience, and long-term success -- especially in an era shaped by remote work, generational shifts, escalating M&A activity, and post-COVID workforce expectations.   Brent shares practical insights on defining culture with purpose, leveraging employee feedback to strengthen trust and performance, and treating culture as a strategic asset -- one that can serve as an “insurance policy” during times of disruption. The conversation also explores how to integrate cultures during mergers and acquisitions, balance tradition with innovation, and scale a company without losing its identity.   Key topics include: How to define a company culture that drives engagement and resultsBuilding strong culture across remote and hybrid teamsUsing employee feedback as a tool for continuous improvementWhy culture is a strategic risk-management and retention toolSuccessfully merging cultures in M&A transactionsThe multi-generational lens on workplace values and expectationsHow the COVID crisis reshaped corporate culture -- and what leaders must do nowPreserving culture while accelerating growth and expansion  Whether you’re leading a fast-growing company, navigating change, or rethinking your organization’s identity, this episode delivers actionable insights on building a culture that not only supports success – but drives it.

    Building A Company Culture That Drives Success With Brent Beene
  4. Mar 10

    Betting on the Jockey, Not the Horse: EisnerAmper’s Alan Wink On Raising Capital

    What if the biggest mistakes founders make when raising capital have nothing to do with their pitch -- and everything to do with timing, team, and expectations?   This fast paced, founder friendly episode features Alan Wink, recently retired Managing Director of Capital Markets at EisnerAmper, one of the largest accounting and advisory firms in the U.S. With decades of experience in venture capital, private equity, and capital strategy, Alan breaks down what entrepreneurs really need to know before taking on outside investment.   What You'll Learn Why investors bet on people, not products – and why team quality outweighs early metrics.How much to raise and when – the misconceptions that derail founders early.VC vs. PE vs. family offices – who they are, what they want, and how they think.Why coachability matters – and how alignment influences investor decisions.The "game of thirds" in venture capital – and what 10x expectations mean for founders.Why fundraising always takes longer than expected – and how to plan for 18–24 months of cash flow.  Alan shares why Investors care far more about future projections and unit economics than historical performance. Founders must show they can solve a meaningful problem, scale efficiently, and deliver returns that match investor expectations. Alan also emphasizes that taking on third party capital is a marriage – one that brings accountability and investor oversight. Alan shares how founders can perform effective due diligence to vet investors as carefully as investors vet companies.   Why This Episode Matters Alan’s experience advising technology, life sciences, clean tech, and emerging growth companies gives him a unique vantage point on what separates fundable startups and mid-stage companies from the rest. His guidance is practical, realistic, and essential for any founder preparing to scale.   A concise, high-impact conversation packed with insights you can apply immediately.

    Betting on the Jockey, Not the Horse: EisnerAmper’s Alan Wink On Raising Capital

Ratings & Reviews

5
out of 5
4 Ratings

About

Running a business means navigating change, making difficult decisions and constantly looking ahead. Whether you are growing your company, preparing for a transition or planning your next chapter, Open for Business examines the business and personal issues that come with ownership. Hosted by Stuart Brown and Norman Kallen (business advisors who happen to be attorneys), the podcast features discussions with entrepreneurs, executives, authors and advisors on leadership, company culture, succession planning, private equity, wealth management and more.