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Savneet Singh - Leading a Public Turnaround at PAR Technology - Ep.207

Savneet Singh - Leading a Public Turnaround at PAR Technology - Ep.207

FromThink Like an Owner


Savneet Singh - Leading a Public Turnaround at PAR Technology - Ep.207

FromThink Like an Owner

ratings:
Length:
50 minutes
Released:
Jan 23, 2024
Format:
Podcast episode

Description

Ep.207: Alex (@aebridgeman) is joined by Savneet Singh (@SavneetS).
My guest today is Savneet Signh, CEO of PAR Technology, a billion-dollar market cap publicly traded point of sale software business serving the restaurant industry. I’ve been following Savneet’s career since college when he went on Invest Like the Best talking about acquiring software businesses through his holding company Tera. Through that work he connected with PAR, joining the board and eventually replacing the CEO. Since then he’s turned the business around and is finding more success.
Savneet and I talk about turning around teams, management techniques he’s developed, his role as a teacher and chief communicator at PAR, and his views on software businesses from an investor perspective.
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Learn more about Alex and Think Like an Owner at https://tlaopodcast.com/

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Links:
PAR
An Excellent Puzzle by Will Larson

Topics:
(00:00:00) - Intro
(00:04:02) - Joining the board of Par, becoming CEO, and saving the company from bankruptcy
(00:14:08) - Retaining speed over time
(00:16:22) - Stages of structural changes
(00:18:48) - Nurturing healthy tension
(00:20:32) - Incentive models
(00:25:29) - What have you learned about your role in making hard decisions?
(00:29:08) - Communication styles
(00:32:34) - What does a typical week look like for you?
(00:34:23) - How has your view of M&A changed?
(00:36:45) - What distinguishes a great product?
(00:38:01) - Is being the all-in-one solution becoming the trend in SaaS?
(00:40:01) - What stands out as a trend in software right now?
(00:42:24) - Takeaways from running and growing product teams
(00:43:59) - Communication between sales or product and customers
(00:45:11) - Advice to listeners
Released:
Jan 23, 2024
Format:
Podcast episode

Titles in the series (100)

This show seeks out conversations with business owners and private investors to learn how to acquire and run small companies, with a special focus on search funds, micro private equity, and permanent capital. Episodes released weekly. Learn more at alexbridgeman.com.