Ep 24: Special Guest - First 100 Days from a New Owner
Description
In this episode of The 7 Minute Takeover, Elizabeth MacRae sits down with Madison Clohessy, who recently acquired Urist Cosmetics—a private-label skincare manufacturer just outside Vancouver. At the request of a Village Wellth member, Madison shares a candid look at what it’s really like to step into ownership during the first 100 days.
Madison reveals how she and her dad at EGP Capital found Euris, what it felt like to walk in on Day 1, and how she approached leading a team that only learned about the ownership change the morning of closing. From navigating surprise operational challenges (like no ERP system and FDA shipment holds) to managing the emotional transition for staff, Madison’s insights are practical and refreshingly honest.
Key insights include:
Why the first 100 days require balancing stability with fresh energy
How to earn employee trust while reshaping roles left by the previous owner
Turning operational “shocks” into opportunities for improvement
Making decisions with imperfect information—and why speed matters
The mindset shift from trying to control everything to embracing uncertainty
If you’re preparing to buy a business, Madison’s story is a must-listen for understanding how to lead with confidence, adapt quickly, and make the most of your first months as a new owner.
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