LMM Business Owners?
For those of you who work(ed) in LMM PE or IB, have you ever encountered instances where a proprietor may be sitting on a decently run small business, yet seem to not be operating it in the most optimal way, or appear to not even fully grasp the intrinsic value or latent prospects of their asset?
If so, how do you work with them to bridge this perceptual gap, and align their perspective and understanding with your strategic insights? Are there instances where you would be more inclined to gatekeep some information from them?
Would be happy to hear your experiences and insights.