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Richard Implementer
Certified EOS® Implementer - Lifelong Entrepreneur - Kolbe Certified™ - MBA - Enabling profitable sustained growth with inspiring collaborative leadership
Professional Background
Richard Price is a distinguished Certified EOS® Implementer and an accomplished Entrepreneurial Leader with a wealth of international experience spanning the United States, Asia, and Europe. With a keen understanding of business dynamics, Richard has directly managed organizations with Profit & Loss responsibilities ranging from $1 million to $150 million. His journey in the corporate realm has been significantly transformed by the adoption of the Entrepreneurial Operating System® (EOS®), which has not only reshaped his approach to business but has also fostered a passion for helping other entrepreneurial teams achieve their goals.
Richard’s career has given him the opportunity to serve in various influential roles. He is currently the Chief Elation Officer at 2Elate, where he leverages his expertise to aid privately owned and private equity-backed companies, especially those ranging from 10 to 250 employees. His insight into organizational structure and strategies is equally valuable for non-profits aiming to maximize their limited resources efficiently.
Prior to establishing 2Elate, Richard founded, presided over, and demonstrated exemplary leadership as the CEO of Inspectron Inc. His extensive experience includes notable positions in prominent organizations such as B2B Commercial Products at Perceptron, Managing Director at Dearborn Group Technology, and Senior Project Engineer at Jaguar Cars Ltd. Richard's early career began at GEC Plessey, where he honed his engineering and technical skills that set the foundation for his illustrious career.
Education and Achievements
Richard has a robust academic background that complements his professional expertise. He earned his MBA with Distinction in Strategic Marketing and Finance from the esteemed University of Warwick - Warwick Business School. This academic achievement underscores his comprehensive understanding of the business landscape and his ability to implement strategic initiatives effectively.
Additionally, Richard holds a Bachelor's degree in Electrical, Electronics, and Communications Engineering from Coventry University. This engineering background has endowed him with analytical and problem-solving skills that are pivotal in today's dynamic business environment.
Richard’s journey is defined by numerous notable accomplishments. His track record speaks volumes; he successfully grew his company's revenue from $4 million to $10 million while turning a loss into a $1 million profit. Furthermore, he played a critical role in restoring a struggling company on the brink of collapse, returning it to profitability at $4 million. Not to mention, he has been instrumental in growing division sales from $60 million to over $100 million as well as increasing profit margins significantly.
Notable Achievements
- Successfully transformed a company facing dire financial challenges, leading to a remarkable recovery and revitalization.
- Played a key role in increasing a business's revenue from $4 million to $10 million, materially impacting its financial health.
- Achieved a profit margin increase by 5% in division sales, showcasing a strategic approach to profitability.
- Exceeded sales margin forecasts by $1.6 million, a testament to his expertise in strategic planning and execution.
- Secured a staggering $19 million increase in sales over the course of a year, highlighting his effectiveness in driving revenue growth.
Values and Approach
Richard believes that the true essence of success lies in collaborative efforts and aligning individual contributions with the organization’s objectives. His approach is characterized by hands-on involvement, a dedication to making a positive impact, and fostering a culture where everyone feels empowered to contribute toward the business's success. Richard’s enthusiasm for the EOS® methodology stems from its practical tools designed to simplify business processes and enhance organizational health.
Get Started
If you find yourself in need of a transformation for your organization, Richard Price is available to help you implement the Entrepreneurial Operating System® (EOS®). With a commitment to driving sustainable and profitable growth, Richard offers a suite of simple, proven tools that promise to take your organization from frustration to elation. For those keen on exploring this opportunity, Richard invites you to connect.
To reach him, you can:
- Call: 248-881-5900
- Email: [email protected]
Furthermore, he is eager to share resources that include a free copy of "Traction: Get a Grip on Your Business" by Gino Wickman and additional free resources available on his website 2elate.com. Richard is determined to help entrepreneurial organizations thrive, ensuring they achieve everything they want from their businesses.
In summary, Richard Price’s extensive background and proven track record as a Certified EOS® Implementer uniquely position him to assist others in navigating their entrepreneurial journeys. His specialized knowledge, combined with his passion for fostering organizational growth and cohesion, makes him an invaluable asset to any Entrepreneurial Leadership Team.
