Learn how business owners can apply lessons from successful companies to improve their own businesses. Haren shares his experience acquiring a company in Las Vegas, highlighting issues with leadership and suggesting ways to increase business value by reducing bureaucracy and incentivizing employees.

He initially found the publicly traded micro-cap company in 2016 when it was down 99% from its high, and after launching a proxy contest in 2019, he successfully joined the board in 2019. The company faced significant challenges during the COVID-19 pandemic when the entire show business shut down, leading to bankruptcy by 2022, which he and his team then purchased out of bankruptcy.

He identified several operational issues, including lack of website presence, poor management structure, and inadequate incentives for staff. Haren worked directly in one of their retail locations to understand the business better and implemented changes including cutting the CEO's salary and rewarding frontline staff. The pany was successfully sold to a show producer in 2023 after Haren's revival efforts.

John Martinka
Jessica Martinka

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