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November Leadership Training/Mentoring Situation

THE LEADERSHIP TRAINING/MENTORING CORNER

In August of this year the Silver Fox Advisors introduced a new offering in its monthly newsletter which is called the Leadership Training/Mentoring Section.  

In this section a thought-provoking situation will be presented. In most cases these situations will be real life circumstances. Our readers will think about them and play them out in their minds or on paper, as they consider what they would do or should have done if these incidents actually happened to them in their businesses. 

Being a good leader requires you to be able to react to unexpected happenings or developments. Our Silver Fox Advisors have experiences they want to share with you that they have managed through, with the hope of providing you with some touch points so you can become more than a good leader but a GREAT LEADER. 

There is an added benefit: if you respond to us and provide a reply to this situation, and your response is selected as the best, you will be awarded a seat at one of our Lunch & Learn events. 

NOVEMBER LEADERSHIP SITUATION

You have the opportunity to expand your business to a new market about 200 miles away completed a business plan and loan request package, which you presented to several banks, all of them have declined your request.

Your brother-in-law has offered to provide you the money needed to expand your business, but he wants to take a security interest in your company’s fixed assets (land and building) and obtain a minority interest in your company, which converts to a controlling interest if you can’t pay the loan back. 

WHAT SHOULD YOUR NEXT STEPS BE?

Please provide us a brief write-up of What are your next steps? Send your write-up to Lynn Rosado at [email protected]

In our November 2025 Newsletter, one of our Silver Fox Advisors will provide a response to what he or she would have done and what precautions he or she would have taken in this October Leadership Situation. 

If you need assistance in becoming a better leader, I recommend you start by contacting the Silver Fox Advisors. Silver Fox Advisors are former or present business owners themselves, and they have leadership experience in running a business, and in some cases several businesses, and have dealt with unforeseen and unplanned situations throughout their careers. We encourage you to visit our website at www.silverfox.org to select a Silver Fox Advisor and also to learn more about the Silver Fox Advisors, as well as our great programs and community outreach endeavors.